Annual Report 2024 ^new^: Hirdaramani
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Textile manufacturing is resource-intensive. Hirdaramani’s 2024 data showcases how infrastructure investments can decouple corporate growth from environmental degradation. Decarbonization and SBTi Approval
A major victory highlighted in the 2024 reporting cycle is the official validation of Hirdaramani’s net-zero targets by the . This makes Hirdaramani the first Sri Lankan apparel company to secure this validation.
The publication of the (released as an independently assured, GRI-audited Sustainability and Performance Report) marks a critical milestone. It tracks the company’s progress toward its ambitious "Future First" 2025 Sustainability Roadmap . Operating across a robust global footprint—including Sri Lanka, Bangladesh, Vietnam, and Ethiopia —Hirdaramani demonstrates how an industry giant can scale its operations while systematically reducing its environmental footprint. 1. Executive Summary: What is "Future First"? hirdaramani annual report 2024
This article explores the key themes, sustainability achievements, and strategic growth pillars outlined by the Group as they head into 2025 and beyond. 1. Executive Summary: Future First 2.0
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Cutting carbon emissions, optimizing water usage, and eliminating waste. 📢 Textile manufacturing is resource-intensive
In his statement, the Group’s leadership strikes a tone of cautious optimism. The report acknowledges that the global apparel demand remains soft, citing inventory "de-stocking" by major retailers. However, it points to the second half of 2024 as a turning point.
: Key partnerships and joint investments with premium hospitality operators like the Hilton and Taj groups.
For detailed financial statements, auditor reports, and comprehensive sustainability data, please refer to the official Hirdaramani sustainability website and the Colombo Stock Exchange disclosures. This makes Hirdaramani the first Sri Lankan apparel
The Hirdaramani Apparel Sustainability Report 2024 highlights measurable progress under the "Future First" roadmap, featuring a strategic focus on decarbonization and achieving net-zero GHG emissions from energy in Sri Lankan operations. Key achievements include 16.2 GWh of annual solar generation and a $30 million investment in sustainable textiles. Access the full report on the Hirdaramani Sustainability portal Hirdaramani apparel Hirdaramani Apparel Sustainability Report 2024
The group maintained net-zero greenhouse gas emissions from energy across all manufacturing operations within Sri Lanka. Water Stewardship and Circularity