Sustainability CANADIAN NEWS July 08, 2025
Gildan Recognized for Sustainability by TIME & Corporate Knights
The Counselor Top 40 supplier was included on Canada’s Best 50 Corporate Citizens list and a list of the 500 most sustainable companies put together by TIME.
Key Takeaways
• Sustainability Recognition: Gildan (asi/56842) was named to both Corporate Knights’ 2025 Best 50 Corporate Citizens list and TIME’s 2025 World’s Most Sustainable Companies list.
• Growth Pillar: President and CEO Glenn Chamandy says the recognition acknowledges the effectiveness of its Sustainable Growth and Next Generation ESG strategies.
Counselor Top 40 supplier Gildan (asi/56842) has two more sustainability-related accolades under its belt.
The Montreal-headquartered company was included on Canada’s Best 50 Corporate Citizens list by Corporate Knights for the fourth year in a row and is one of only two firms in the textile and clothing manufacturing sector to be included. In addition, Gildan was named to TIME’s World’s Most Sustainable Companies list, now in its second edition. Gildan also made the list in its inaugural year. It was one of 13 Canadian companies featured on the global list of 500 firms and one of only two Canadian companies recognized in the “Apparel, Footwear & Sporting Goods” industry subcategory.
Gildan ranked 47th on the Corporate Knights list and came in at 393rd on TIME’s list.
“ESG is a key pillar of Gildan’s Sustainable Growth strategy, and we have shown time and again that sustainability goes together with business success; recognition from Corporate Knights and TIME affirms this,” said Glenn Chamandy, president and CEO of Gildan. “This achievement would not have been possible without our dedicated teams, who have been working hard to bring to life our Next Generation ESG strategy, and I am confident that we will continue to deliver on our commitment to making apparel with respect.”
Canada’s Best 50 Corporate Citizens of 2025 by Corporate Knights is derived from a data set of companies with more than $1 billion in annual revenues, with potential contenders including Crown corporations, large co-ops, credit unions and members of the S&P/TSX Renewable Energy and Clean Technology Index. Each corporation is evaluated on 25 key performance indicators (KPIs) covering resource management, sustainable revenue and investment, employee and financial management, and supplier performance.
TIME’s World’s Most Sustainable Companies of 2025 identifies the top 500 companies from 5,000 of the world’s largest and most influential companies, evaluated across more than 20 key indicators. Companies are assessed based on external sustainability ratings and commitments from reputable organizations including (but not limited to) CDP ratings, S&P Global Sustainability Yearbook and their alignment with the Science Based Targets initiative, the availability and quality of sustainability reporting, as well as various social and environmental KPIs.
Based on estimated 2023 North American promotional product revenue of $739.3 million, Gildan ranked fourth on Counselor’s most recent list of the largest suppliers in the industry. The new list comes out later this month.

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