Hirdaramani Annual Report 2024 (FAST)
The company’s 2024 reporting period coincided with a positive upswing for the Sri Lankan apparel sector, which grew by nearly 5% to in exports for the calendar year. This growth was driven by increases in key markets, including the US, EU, and UK. The industry is targeting $8 billion in exports for 2025.
Traditional denim manufacturing requires up to 7,000 liters of water for a single pair of jeans. Hirdaramani has restructured its industrial washing and finishing processes to limit this drain on local water tables: Hirdaramani Apparel Sustainability Report 2024
Today, the has grown from that humble shop into a multi-national powerhouse with over 60,000 employees across six countries. The Hirdaramani Annual Report 2024 and their Sustainability Report 2024 tell the story of a "100-year-old startup" that is now obsessed with the future. The Chapter of 2024: A Future First
The report centers around the group's "Future First" sustainability framework, detailing how the company achieved major breakthroughs in structural transformations across all operational hubs. hirdaramani annual report 2024
We are proud to release our — a testament to a year defined by purposeful growth, resilience, and innovation.
Below is an in-depth breakdown of the strategic framework, core pillars, and environmental, social, and governance (ESG) achievements detailed in the Hirdaramani 2024 reporting cycle. 🌿 Climate Action & The Net-Zero Roadmap
Hirdaramani successfully generated through its expansive Suryadhanavi Rooftop Solar Project , which covers manufacturing facilities group-wide. This continuous transition offsets roughly 13,400 tonnes of carbon emissions each year. Beyond rooftop solar, the group commands a broader clean energy portfolio including 100 MW of wind power and 25 MW of mini-hydro projects. This infrastructure successfully secured net-zero greenhouse gas emissions from energy across all manufacturing plants in Sri Lanka. 2. Advanced Water Efficiency The company’s 2024 reporting period coincided with a
A deep 90% reduction across all operational boundaries , including Scope 1, Scope 2, and comprehensive Scope 3 avenues like capital goods, business travel, and upstream/downstream logistics.
The Hirdaramani Annual Report 2024 demonstrates the group's commitment to responsible business practices, sustainability, and innovation. With a strong focus on environmental stewardship, social responsibility, and economic growth, the Hirdaramani Group is poised for continued success in the years to come.
A goal to achieve a 90% reduction in Scope 1, 2, and 3 emissions by 2050. Traditional denim manufacturing requires up to 7,000 liters
The marks a major milestone in the conglomerate’s journey toward transparent, independently audited, and GRI-aligned corporate responsibility. Anchored by its core philosophy, “Continuous Progression, Together,” and executed through its “Future First” framework, the 2024 disclosure outlines the multinational manufacturer’s aggressive shift toward a fully sustainable value chain across Sri Lanka, Bangladesh, Vietnam, and Ethiopia.
The Hirdaramani Group, a titan in the global apparel manufacturing industry, has released insights surrounding its performance for the 2023/24 financial year, highlighting a continued dedication to innovation, sustainability, and robust financial resilience. The reflects a company deeply committed to its " Future First " philosophy, navigating industry volatility while setting new benchmarks for ethical production and environmental stewardship.