HanesBrands Inc. announced 2030 sustainability goals
HanesBrands Inc.’s sustainability goals were set to improve the lives of at least 10 million people. This will be achieved through the company’s health and wellness program, diversity and inclusion initiatives, and philanthropic contributions to local communities. The company has also set forth environmental goals for the company. By 2030, the company plans to solely rely upon renewable energy and to reduce greenhouse gas emissions and water usage by 25.0%. Before 2030, the company has set out to stop using single use plastics, reduce their packaging weight by 25.0% and begin using 100% recycled polyester and sustainably sourced cotton.
ESGIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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