Core Insights - Gildan Activewear Inc. has published its 20th Environmental, Social, and Governance (ESG) report, marking a significant milestone in its ESG disclosure history [1] - The 2023 report showcases Gildan's progress against key targets as part of its Next Generation ESG strategy and 2030 goals [1] Company Overview - Gildan operates large-scale, vertically integrated manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh [3] - The company is committed to industry-leading labor, environmental, and governance practices throughout its supply chain, which is embedded in its long-term business strategy [3][6] ESG Milestones - Gildan's ESG journey began in the early 2000s, with significant milestones including: - The publication of its first Corporate Citizenship Report in 2004 [5] - Accreditation of its social compliance program by the Fair Labor Association (FLA) in 2007 [5] - Adoption of the Global Reporting Initiative (GRI) framework for sustainability reporting in 2008 [5] - Conducting its first materiality assessment in 2014 [5] - Aligning commitments with the UN Sustainability Development Goals in 2017 [5] - Disclosing ESG data according to the Sustainability Accounting Standards Board (SASB) standards since 2021 [5] - Publication of its first stand-alone Climate Change Disclosure Report in alignment with the Task Force on Climate-related Financial Disclosures (TCFD) in 2022 [5] Leadership Perspective - The President and CEO of Gildan emphasized that ESG is integral to the company's operations and is one of the three core pillars of the Gildan Sustainable Growth (GSG) strategy [5] - The company celebrates its 40th anniversary and two decades of ESG reporting, highlighting its commitment to sustainability and respect in apparel production [5]

Gildan's ESG journey began in the early 2000s, and since then, the Company has achieved many ESG reporting milestones, including: Read the full 2023 ESG Report here. MONTREAL, June 18, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) ("Gildan" or the "Company") is pleased to announce the publication of its 20th Environmental, Social, and Governance (ESG) report, marking a significant milestone in the Company's long history of public ESG disclosures. The 2023 report highlights Gildan's con ...

MONTREAL, May 29, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) is committed to returning capital to shareholders via share buybacks and dividends as a key element of its capital allocation program. As previously indicated, the Company planned on resuming share repurchases following the Annual General Meeting of shareholders which occurred on May 28, 2024. Consequently, Gildan's newly reconstituted Board of Directors has now approved the resumption of share repurchases and an amended n ...

MONTREAL, May 29, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) is committed to returning capital to shareholders via share buybacks and dividends as a key element of its capital allocation program. As previously indicated, the Company planned on resuming share repurchases following the Annual General Meeting of shareholders which occurred on May 28, 2024. Consequently, Gildan's newly reconstituted Board of Directors has now approved the resumption of share repurchases and an amended n ...

MONTRÉAL, May 29, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) ("Gildan" or the "Company") today announced that the eight director nominees, being all of the existing directors of the Company following the resignation on May 23, 2024 of the prior members of the board of directors, were elected as directors of the Company for the ensuing year by an overwhelming majority of the votes cast by shareholders, in-person, and by proxy, at its annual meeting of shareholders held on May 28, 202 ...

Core Points - Gildan Activewear Inc. announced the election of eight director nominees, all of whom are existing directors, following the resignation of prior board members before the annual meeting [1] - The majority of shareholders voted in favor of the non-binding advisory vote on Executive Compensation and the reappointment of auditors, while a majority opposed a shareholder proposal [2] Voting Results - The appointment of auditors received 129,803,676 votes in favor (95.35%) and 6,330,249 votes against (4.65%) [3] - The election of directors showed varying support, with Michael Kneeland receiving 114,088,449 votes in favor (85.37%) and 19,552,254 against (14.63%), while Karen Stuckey had the highest support with 132,484,543 votes in favor (99.00%) [3] - The advisory vote on Executive Compensation garnered 96,994,211 votes in favor (73.77%) and 34,481,778 against (26.23%) [3] - The shareholder proposal received only 17,778,970 votes in favor (13.52%) against 113,679,318 votes opposed (86.48%) [3] Company Overview - Gildan is a leading manufacturer of everyday basic apparel, including activewear, underwear, and socks, serving a diverse customer base [4] - The company operates large-scale, vertically integrated manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh, with a strong commitment to ESG practices [5]

About Gildan Gildan is a leading manufacturer of everyday basic apparel. The Company's product offering includes activewear, underwear and socks, sold to a broad range of customers, including wholesale distributors, screenprinters or embellishers, as well as to retailers that sell to consumers through their physical stores and/or e-commerce platforms and to global lifestyle brand companies. The Company markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfo ...

MONTREAL, May 24, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) ("Gildan" or the "Company") announced today that the Board of Directors has appointed Glenn J. Chamandy as President and Chief Executive Officer and Michael Kneeland as non-executive Chair of the Board, each effective immediately. Gildan will hold its previously announced annual meeting of shareholders on Tuesday May 28 at 10:00AM EDT. As a result of the resignation on May 23 of the prior directors of the Company and their ...

Canadian apparel maker Gildan Activewear said Thursday its board of directors has resigned and its CEO Vince Tyra has stepped down to be replaced by former top boss Glenn Chamandy. The company's US-listed shares rose more than 4% on Friday. The outgoing directors appointed the nominees of activist investor Browning West to the board and ceased discussions on the previously announced sale process. The clothing maker's board has been clashing with Browning West and seven other investors that own a total of 35 ...

Gildan Activewear said on Thursday that its entire 12-person board would resign immediately in favor of activist Browning West's eight nominees, abruptly ending a contentious proxy battle and restoring former CEO Glenn Chamandy to the company he founded. Browning West along with a significant number of Gildan shareholders had been fighting to bring back Chamandy as CEO, after he was ousted in December in favor of Vince Tyra, who was brought in from Houchens Industries. The activist firm later claimed Gildan ...