HanesBrands (asi/59528) has earned kudos for curbing carbon missions and getting greener.

The Winston-Salem, NC-headquartered manufacturer of apparel basics announced this week that it garnered an “A-” score and earned a leadership position in the CDP 2018 Climate Change Report.

We’re thrilled to get an A- score in the 2018 CDP Climate Change report! Ranking in the top 6% of nearly 7,000 participating companies is a milestone in our mission to be a leader in energy management and eco-friendly business operations. #HanesForGood https://t.co/SuekxAEJ8u pic.twitter.com/wgcMipxb4t

— Hanesbrands Inc. (@HanesBrands) February 13, 2019

Since 2010, Hanes has voluntarily reported its carbon emissions data to CDP, which was formerly known as the Carbon Disclosure Project. In the most recent round of reporting, Hanes scored in the top 6% of nearly 7,000 companies that shared emissions information. As impressively, Hanes says it achieved the highest score of any company in the apparel industry. Receiving many scores in the “A” range, Hanes’ performance was higher than the company’s reporting sector average (B-) and regional average (C-).

Unique in the apparel industry because it owns the majority of its manufacturing and supply chain operations, Hanes achieved its CDP score for its transparency and by managing emissions, implementing best practices and taking coordinated action on climate-change issues.

“Hanes’ “A-” score is a significant milestone in our company’s mission to be an international business leader in energy management and eco-friendly business operations,” said Hanes CEO Gerald W. Evans Jr. “This achievement is a direct result of the engagement of our 68,000 worldwide employees, and I thank them for their support.” 

More than 70 employees from the HanesBrands Hong Kong office partnered with the Green Earth to remove more than 220 pounds of waste from a local beach. Now that’s #HanesForGood! pic.twitter.com/Ayu5cUDsB1

— Hanesbrands Inc. (@HanesBrands) February 11, 2019

By 2020, Hanes aims to reduce energy consumption and carbon emissions by 40% from its 2007 benchmark. The company is making progress toward that objective – something further evidenced by the fact that in 2018 it earned an award from the U.S. Environmental Protection Agency for being an Energy Star Partner.

Milestones that led to the honor include that Hanes lowered its year-over-year energy use per pound of production by 6%, saving the company more than $4 million. Since 2007, Hanes has reduced energy intensity by nearly 21%, delivering a total cost avoidance of more than $200 million.

Additionally, Hanes implemented environmental stewardship initiatives, including the startup of a combined heat-and-power biomass plant in El Salvador and pilot projects utilizing new technology to reduce energy-intense water use by 50% and energy use by 500 million BTU each year.

Hanes has also partnered with universities, such as Wake Forest, Appalachian State and others, to educate future business leaders about the importance of integrating environmental stewardship into their business strategies.

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