Hela Apparel Holdings, commonly referred to as Hela, is a leading apparel manufacturer headquartered in Sri Lanka (LK). Established in 1991, the company has grown to become a significant player in the global textile industry, with major operational regions spanning across Asia, Africa, and the Americas. Hela specializes in producing high-quality garments, including activewear, intimate apparel, and sportswear, distinguished by their innovative designs and sustainable practices. With a commitment to excellence, Hela has achieved notable milestones, including partnerships with renowned global brands and recognition for its ethical manufacturing processes. The company’s focus on advanced technology and skilled craftsmanship positions it as a preferred supplier in the competitive apparel market, making Hela Apparel Holdings a prominent name in the industry.
How does Hela Apparel Holdings's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Hela Apparel Holdings's score of 35 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hela Apparel Holdings reported total carbon emissions of approximately 29,450,000 kg CO2e, comprising 1,118,000 kg CO2e from Scope 1, 5,630,000 kg CO2e from Scope 2, and 22,945,000 kg CO2e from Scope 3 emissions. This marks an increase from 2022, where emissions were about 21,275,000 kg CO2e, and from 2021, which recorded approximately 18,849,000 kg CO2e. Hela Apparel Holdings has set ambitious climate commitments, aiming to achieve a 42% reduction in absolute Scope 1 and 2 greenhouse gas emissions by FY2030, using FY2021 as the baseline. Additionally, the company targets a 25% reduction in absolute Scope 3 emissions within the same timeframe. These targets are part of their long-term commitment to reach net-zero emissions across all scopes by 2050. The company is actively working towards these goals, reflecting its dedication to sustainability within the textiles and apparel sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 673,000 | 000,000 | 0,000,000 |
Scope 2 | 3,775,000 | 0,000,000 | 0,000,000 |
Scope 3 | 18,849,000 | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hela Apparel Holdings is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.