Hirdaramani Annual Report 2024 !!hot!! [2026]
The report argues convincingly that sustainability is no longer a cost center but a revenue driver. As global legislation (such as the EU’s Green Deal) tightens regulations on textile imports, Hirdaramani’s early adoption positions it as a partner of choice for compliance-conscious Western brands.
: The mill is a joint venture with Hengda Textiles , aimed at reducing the outflow of foreign exchange for raw material imports.
: A landmark USD 30 million (LKR 10 billion) investment in a new textile mill in Pannala, Sri Lanka.
: Clinched by the Mihila facility in the Apparel Industry category.
The group maintained net-zero greenhouse gas emissions from energy across all manufacturing operations within Sri Lanka. Water Stewardship and Circularity hirdaramani annual report 2024
: Enterprise-grade software systems and lifestyle retail networks across regional markets.
In line with its decarbonization strategy, Hirdaramani announced a significant investment in a new, state-of-the-art textile mill named . Backed by an investment of USD 30 million , this facility embodies the next evolution of the company's legacy of sustainable manufacturing. Designed to be powered by renewable energy, it applies the latest advancements in low-impact manufacturing to minimize energy use, reduce waste, and optimize resource efficiency.
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
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: Aiming for a 54.6% reduction in Scope 1 and 2 emissions by 2033.
Ethical governance forms the bedrock of Hirdaramani's corporate identity. Hirdaramani Apparel Sustainability Report 2024
: High-capacity facilities delivering end-to-end solutions to top global brands.
Corporate accountability at Hirdaramani is decentralized, allowing individual facilities to address regional social needs. The report argues convincingly that sustainability is no
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 .
Rather than treating sustainability as a secondary compliance requirement, the 2024 report shows how Hirdaramani has woven these pillars directly into its commercial manufacturing strategy. 2. Environmental Performance: The Race to Net-Zero
From its pioneering investments in LEED-certified green factories to its industry-leading SBTi approval, Hirdaramani has consistently demonstrated that it is not just manufacturing apparel; it is manufacturing a more responsible future for the industry. The 2024 documentation—its performance, targets, and investments—clearly outlines a company that views sustainability as the fundamental standard for its operations and an essential catalyst for its long-term growth. The story of Hirdaramani in 2024 is one of a legacy company, powered by a century of experience, accelerating its transition to a purpose-driven powerhouse.