Adidas and Gap were among the top sustainability performers this year

Adidas and Gap were among the top sustainability performers this year

Major apparel groups including Adidas, Gap Inc, Inditex, Gildan and Asics have been included in the Dow Jones Sustainability Indices (DJSI), putting the companies among the best-in-class sustainability performers globally.

The annual DJSI review evaluates the sustainability performance of the largest 2,500 companies listed in the Dow Jones Global Total Stock Market Index. It is based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, branding, climate change mitigation, supply chain standards and labour practices.

German sportswear giant Adidas has been included on the Index for the 17th consecutive year. The company was rated industry best in seven criteria, including brand management, innovation management, risk & crisis management, environmental policy & management systems, operational eco-efficiency, corporate citizenship & philanthropy, and stakeholder engagement.

Japanese sporting goods giant Asics Corporation was selected for the second time, and featured as one of 68 Japanese companies included in the list this year. 

"Asics is honoured to be recognised by DJSI as a sustainability leader in Asia for the second consecutive year," said Asics CEO Motoi Oyama. "We believe this reflects our progress on priority sustainability topics, in collaboration with our supply chain partners and other stakeholders. Our efforts will continue as we focus on delivering on our 2020 Sustainability Strategy which supports the Asics Growth Plan 2020."

Gildan Activewear, meanwhile, was included in the list for the fourth consecutive year, and remains the only North American company in the Index's textiles, apparel and luxury goods industry group. It was also included, for the first time, in the DJSI North American Index. 

"Being included on the DJSI World index once again is a great source of pride for our employees, customers and partners worldwide and a validation that we are investing our energies in the right places to deliver sustainable value to all of our stakeholders," said CEO Glenn Chamandy. "As one of the largest apparel manufacturers in the world, we acknowledge the impacts of our operations and remain committed to leading the industry by ensuring that no detail is overlooked in producing our product in the most sustainable manner possible."

Other apparel companies featuring on this year's Index include Kering, Burberry, Hennes & Mauritz (H&M), Marks & Spencer (M&S) and South Africa's Woolworths Holdings

The results of the annual DJSI review were announced by global investment group RobecoSAM, a company focused exclusively on sustainability investing, in collaboration with S&P Dow Jones Indices.

The DJSI is the longest-running global sustainability benchmark, a key reference point in sustainability investing for investors and an effective engagement platform for companies which want to adopt sustainable best practices.