The 2024 fiscal year presented a mixed bag for the Hirdaramani Group. While global demand for ready-made garments softened in Western markets due to inflationary pressures, the group reported a , buoyed by diversification into technical textiles and activewear.
Achieve a full across Scope 1, 2, and 3 emissions.
Source: Joint Apparel Association Forum (JAAF)
The most significant headline from Hirdaramani in 2024 is its achievement in becoming . These targets include:
The strategic priorities laid out for the coming year are clear:
In 2024, the Hirdaramani Group prioritized sustainable infrastructure and net-zero carbon emissions, highlighted by a Rs. 10 billion investment in a new green textile mill in Pannala, Sri Lanka. The group became the first in Sri Lanka to achieve SBTi-approved net-zero targets and continued to expand its renewable energy portfolio. For more details, review the Hirdaramani Sustainability Report 2024 Hirdaramani group annual report
🌱 Key highlights include:
The highlights the group's transition into a new era of "Future First" sustainability, marked by significant investments in local manufacturing and global net-zero commitments. As one of Sri Lanka’s largest conglomerates, Hirdaramani has prioritized vertically integrated, eco-friendly apparel production while expanding its footprint across Bangladesh, Ethiopia, and Vietnam. Key Strategic Milestones
The 2024 fiscal year presented a mixed bag for the Hirdaramani Group. While global demand for ready-made garments softened in Western markets due to inflationary pressures, the group reported a , buoyed by diversification into technical textiles and activewear.
Achieve a full across Scope 1, 2, and 3 emissions.
Source: Joint Apparel Association Forum (JAAF)
The most significant headline from Hirdaramani in 2024 is its achievement in becoming . These targets include:
The strategic priorities laid out for the coming year are clear:
In 2024, the Hirdaramani Group prioritized sustainable infrastructure and net-zero carbon emissions, highlighted by a Rs. 10 billion investment in a new green textile mill in Pannala, Sri Lanka. The group became the first in Sri Lanka to achieve SBTi-approved net-zero targets and continued to expand its renewable energy portfolio. For more details, review the Hirdaramani Sustainability Report 2024 Hirdaramani group annual report
🌱 Key highlights include:
The highlights the group's transition into a new era of "Future First" sustainability, marked by significant investments in local manufacturing and global net-zero commitments. As one of Sri Lanka’s largest conglomerates, Hirdaramani has prioritized vertically integrated, eco-friendly apparel production while expanding its footprint across Bangladesh, Ethiopia, and Vietnam. Key Strategic Milestones