Hirdaramani Annual Report 2024 [better] Now

The 2024 report highlights a core corporate purpose that relies on four operational pillars:

Perhaps the most forward-looking section of the Annual Report covers the Group’s digital journey. Hirdaramani is actively transitioning from traditional manufacturing to "smart factories."

Driving the Future of Fashion: An In-Depth Look at the Hirdaramani Annual Report 2024 hirdaramani annual report 2024

The launch of the independently assured, GRI-audited highlights this dual focus. Published under the corporate banner of "Continuous Progression, Together," the 2024 report outlines how the multinational conglomerate navigates macroeconomic challenges while executing its multi-pillar Future First Sustainability Roadmap .

: Reduce absolute Scope 1 and Scope 2 Greenhouse Gas (GHG) emissions by 54.6% from a 2022 base year. Concurrently, reduce Scope 3 emissions arising from purchased goods and services by 32.5% . The 2024 report highlights a core corporate purpose

Hirdaramani Group Annual Report 2024: Pioneering Sustainable Apparel Manufacturing

The report highlights a stabilization of revenue streams, attributed to strategic cost management and operational efficiency. While the global apparel sector faced a slowdown, Hirdaramani’s diversified portfolio helped cushion the impact, proving that their long-term strategy of not putting "all eggs in one basket" continues to pay dividends. : Reduce absolute Scope 1 and Scope 2

: Achieve an absolute 90% reduction across Scope 1, Scope 2, and all Scope 3 categories. This mandate encompasses capital goods, upstream/downstream transport, business travel, fuel-and-energy activities, and land-related emissions from bioenergy feedstocks.

Beyond Mihila Tex, the Group continued to expand its production footprint. The acquisition of Browns Fabric Ltd from Brown & Company PLC paved the way for the new textile mill, underscoring Hirdaramani’s commitment to boosting domestic manufacturing capacity. With 20 garment factories in Sri Lanka alone, already delivering over 5 million garments per month, the addition of a large‑scale, sustainable textile mill marks a natural evolution in the Group’s operational maturity.

Corporate accountability at Hirdaramani is decentralized, allowing individual facilities to address regional social needs.