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Hanesbrands Inc., commonly known as Hanesbrands, is a prominent American company specialising in wearing apparel and furs. Headquartered in the United States, the company operates across major regions, serving a global customer base with a diverse portfolio of clothing products. Founded in 2006 through the merger of Hanes and Sara Lee’s innerwear business, Hanesbrands has established itself as a leader in the apparel industry.
The company’s core offerings include basic and performance underwear, T-shirts, activewear, and hosiery, recognised for their comfort, quality, and affordability. Hanesbrands’ innovative approach to fabric technology and sustainable practices has helped secure its strong market position. With a history of strategic growth and a focus on consumer needs, Hanesbrands remains a key player in the global apparel market.
+2 vs industry average
Hanesbrands’s score of 36 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Apparel Production has below-average carbon intensity
The Apparel Production industry has reduced its overall emissions by 24% since 2018
Scope 3 accounts for ••• of total emissions.
Hanesbrands, a US-based wearing apparel company, reported its Scope 1 and 2 emissions for 2023. Its Scope 1 emissions were 39,516,000 kg CO2e, and its Scope 2 emissions totalled 66,078,000 kg CO2e. This data represents a decrease compared to 2022, when Scope 1 emissions were 55,682,000 kg CO2e and Scope 2 emissions were 94,879,000 kg CO2e. In 2021, Hanesbrands disclosed more comprehensive emissions data, including Scope 3 emissions. In that year, Scope 1 emissions were 87,010,000 kg CO2e, and market-based Scope 2 emissions were 122,092,000 kg CO2e. Significant Scope 3 categories in 2021 included purchased goods and services at 1,450,586,000 kg CO2e, and downstream transportation and distribution at 265,282,000 kg CO2e.
Hanesbrands is committed to ambitious climate action, with Science Based Targets initiative (SBTi) approved near-term targets. The company aims to reduce absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by 2030, using a 2019 base year. Additionally, Hanesbrands commits to reducing absolute Scope 3 GHG emissions from purchased goods and services and upstream transportation and distribution by 27.5% within the same timeframe. These targets are consistent with reductions required to keep global warming to 1.5°C.
2030
46.2% reduction in Scope 1
Hanesbrands, Inc. commits to reduce absolute scope 1 and 2 GHG emissions 46.2% by 2030 from a 2019 base year.* Hanesbrands, Inc. also commit…
2030
46.2% reduction in Scope 2
Hanesbrands, Inc. commits to reduce absolute scope 1 and 2 GHG emissions 46.2% by 2030 from a 2019 base year.* Hanesbrands, Inc. also commit…
2030
27.5% reduction in scope 3 total
Hanesbrands, Inc. commits to reduce absolute scope 1 and 2 GHG emissions 46.2% by 2030 from a 2019 base year.* Hanesbrands, Inc. also commit…
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Common questions about Hanesbrands’s sustainability data and climate commitments
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