Hirdaramani Annual Report 2024

Lifting local economies where manufacturing plants operate.

The Group’s response, as detailed in the report, focuses on "Employee Value Propositions." This includes upskilling programs, enhanced welfare facilities, and a focus on women’s empowerment. The report highlights specific initiatives aimed at the female workforce—who constitute the majority of their employees—such as health programs, childcare support, and career progression pathways into management roles.

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 hirdaramani annual report 2024

No apparel report is complete without addressing the workforce, and Hirdaramani’s 2024 analysis is candid about the challenges of labor retention. The post-pandemic era saw a global shift in labor dynamics, with many workers leaving the formal apparel sector.

🌱 Key highlights include:

┌────────────────────────────────────────────────────────┐ │ HIRDARAMANI 2024 CORPORATE PILLARS │ └───────────────────────────┬────────────────────────────┘ │ ┌─────────────────────────┼─────────────────────────┐ ▼ ▼ ▼ ┌─────────────────┐ ┌─────────────────┐ ┌─────────────────┐ │ Environmental │ │ Social Impact │ │ Operational │ │ Stewardship │ │ & Workforce │ │ & Supply Chain │ └─────────────────┘ └─────────────────┘ └─────────────────┘ Environmental Stewardship & Net-Zero Targets

Out of 28 global manufacturing locations, 17 facilities now hold LEED Gold or Platinum certifications . This includes the globally recognized, custom-built Mihila plant. Lifting local economies where manufacturing plants operate

A primary roadblock noted by the group is that roughly within the wider global supply chain still stem from synthetic sources. To bypass this sector-wide limitation, Hirdaramani is pursuing a two-pronged approach:

The Hirdaramani Group remains optimistic about its prospects for 2025, with plans to continue investing in sustainability, innovation, and social responsibility. The group aims to: The post-pandemic era saw a global shift in

The Hirdaramani Foundation redirected focus toward . We established four Community Tech Hubs in rural garment-proximate villages, offering free coding, English, and financial literacy to 1,500 youth and dependents of employees. Additionally, our “Retire with Dignity” provident fund enhancement ensured that 98% of retiring workers receive a lump sum equivalent to two years’ final salary.