As the textile sector faces increasing pressure to decarbonize, the provides a blueprint for balancing industrial scale with deep ecological preservation and social equity. Executive Framework: The "Future First" Roadmap
Systematically deployed submeters in clusters and integrated energy KPIs following strict facility audits. Overcoming Water Scarcity Challenges
: A landmark USD 30 million (LKR 10 billion) investment in a new textile mill in Pannala, Sri Lanka. hirdaramani annual report 2024
The Group has launched unique initiatives such as “Wonders of Wellbeing” to ensure happy, healthy and fulfilling lives for its associates. Employee ratings on platforms like Glassdoor consistently reflect high satisfaction, with 89 % of employees expressing a positive business outlook.
Unlike previous decades where success was measured by the number of containers shipped, this year’s financial review highlights "value addition." Hirdaramani has successfully pivoted its product mix toward higher-margin categories—specifically intimate apparel, activewear, and technical textiles. As the textile sector faces increasing pressure to
: Massive adoption of rooftop solar projects alongside localized standalone wind and solar installations across manufacturing hubs to eliminate dependency on fossil fuels. 🔄 Supply Chain Traceability & Material Sourcing
The publication of the (released as an independently assured, GRI-audited Sustainability and Performance Report) marks a critical milestone. It tracks the company’s progress toward its ambitious "Future First" 2025 Sustainability Roadmap . Operating across a robust global footprint—including Sri Lanka, Bangladesh, Vietnam, and Ethiopia —Hirdaramani demonstrates how an industry giant can scale its operations while systematically reducing its environmental footprint. 1. Executive Summary: What is "Future First"? The Group has launched unique initiatives such as
The most anticipated section of the is the "Planet First" chapter. Unlike previous years where the focus was solely on renewable energy (the group runs on 45% solar and hydro power), 2024 focuses on circularity .
: Hirdaramani became the first organization in Sri Lanka to have its Net-Zero Science-Based Targets approved by the SBTi .
In an era of increasing automation, Hirdaramani places a refreshing emphasis on its people. The "Social" aspect of their ESG framework is a standout chapter in the 2024 report.