HanesBrands Earns Place On The 2022 World’s Most Ethical Companies List
HanesBrands Inc. has been recognized as one of the 2022 World’s Most Ethical Companies for the second year in a row by Ethisphere, an organization that defines and measures corporate ethical standards, recognizes companies that excel and promotes best practices in corporate ethics. Winston-Salem, North Carolina-based HanesBrands, which participates in the promotional products industry as suppliers Hanes/Champion/ComfortWash (PPAI 191138, S10) and Alternative Apparel (PPAI 217134, S5).
- Now in its 16th year, Ethisphere’s evaluation methodology covers five weighted categories including governance, leadership and reputation, ethics and compliance program, ethical culture, trust, and environmental and social impact.
- HanesBrands is among the 135 companies spanning 22 countries and representing 45 industries to receive this year’s recognition.
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What They Say:
“At HanesBrands, doing what’s right is one of our global values,” says Steve Bratspies, CEO of HanesBrands. “We are committed to taking bold actions that make a positive difference in our communities, and we are proud to be recognized by the Ethisphere Institute as one of the World’s Most Ethical Companies for the second year in a row. This recognition is the result of the hard work and dedication of the 59,000 HBI associates who are committed to making the world a more comfortable place for everybody.”
Ethisphere CEO, Timothy Erblich says, “Today, business leaders face their greatest mandate yet to be ethical, accountable and trusted to drive positive change. We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to integrity, sustainability, governance and community. Congratulations to HanesBrands for earning the World’s Most Ethical Companies designation.”
Background: HaneBrands’ Full Potential growth plan, launched in 2021, includes a commitment to building a more sustainable business as well as investment in the company’s associates. HanesBrands reports that it is monitoring its progress against aggressive 2030 global sustainability goals that include a commitment to science-based environmental targets, addressing the use of plastics and raw materials, and improving the lives of at least 10 million people by 2030 through diversity and inclusion initiatives, health and wellness programs, improved workplace quality, and philanthropic efforts that improve local communities.