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Adidas, Gildan and H&M Make Dow Jones Sustainability Indices List

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Adidas, Gildan and H&M are among the best-in-class apparel companies when it comes to sustainability—the three made the annual Dow Jones Sustainability Indices (DJSI) review.

The DJSI has come to be a benchmark for corporate sustainability and best business practices.

Along with sustainability investment specialist RobecoSAM, the DJSI invited 3,400 of the world’s largest companies in terms of economic, environmental and social criteria, to take part in the review and ultimately assessed 85 percent of them.

“Over the years the DJSI index family has not only come to be the gold standard for corporate sustainability but has also become a competitive platform where companies receive recognition for their sustainability practices,”Guido Giese, head of indices at RobecoSAM, said. “The CSA is a state of the art, in-depth sustainability performance assessment methodology. Thanks to its broad reach, the results of the CSA are one of the leading sources of information on how listed companies around the globe are exercising financially material ESG [environmental, social and governance] practices.”

Footwear and sports apparel giant, Adidas was listed in the review for the 16th consecutive year and rated industry best in Innovation Management, while also receiving high scores in Supply Chain Management, Stakeholder Engagement, Environmental Management System and Talent Attraction and Retention.

“It is a great honor that the adidas Group has now been listed in the DJSI for 16 consecutive years,” said Frank Henke, vice president of global, social and environmental affairs at Adidas. “Our sustainability initiatives are an ongoing marathon, not a sprint, and the continuous recognition proves that we have been, and after all these years still are, on the right track to integrate sustainability thinking into our business strategy.”

Canada-based Gildan Activewear was included in the review for its third year in a row, making it the only North American company in the Textiles, Apparel and Luxury Goods industry group to be included in the DJSI World Index.

“As one of the world’s leading vertically-integrated manufacturers of everyday family apparel, we recognize first hand that a strong commitment to leading corporate social responsibility practices and a culture of continuous improvement and investments in the latest technology are equally critical to our success,” said Gildan president and CEO Glenn Chamandy. “The inclusion in the DJSI World Index as the only North American company in our sector provides further validation that Gildan is genuinely focused on leading the way. We remain committed to these efforts as we recognize they are an essential part of our future success.”

Swedish fast-fashion company, H&M was named in the review as well, for the fourth successive year.

“We are proud to be included in the Dow Jones Sustainability Index for the fourth year in a row,” said Anna Gedda, head of sustainability at H&M. “And the inclusion in the Europe Index proves our strong ambitions and progress. It is a great recognition of H&M’s sustainability engagement and the hard work we do every day.”

Other retail companies featured in the DJSI review include Gap, Nike, Target, Macy’s and PVH.

 

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