Hirdaramani Annual Report 2024 [exclusive] Link
The report spotlights the Group’s journey toward , documenting tangible reductions in carbon intensity. Hirdaramani has long been a pioneer in this space, being one of the first in the region to embrace carbon-neutral manufacturing facilities. The 2024 report expands on this legacy, detailing investments in:
The Hirdaramani Group remains committed to social responsibility, with a strong focus on community development and employee well-being. In 2024, the group invested in several initiatives, including:
The primary milestone of Hirdaramani’s strategic growth in 2024 centers on vertical integration and localized capacity building.
Looking beyond 2024, Hirdaramani is already preparing for the next phase of its strategic journey. The company is developing [18†L40-L41]. This next phase is expected to feature: hirdaramani annual report 2024
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.
Manufacturing facilities are moving quickly toward full green certification, implementing aggressive resource conservation models to counteract the heavy environmental footprint of traditional textile processes. Performance Category Key Metrics & Targets 2024 Core Achievements 100% Certified Facilities by 2025
: 54.6% reduction in Scope 1 and 2 emissions. Net-Zero (by 2050) : 90% reduction across all scopes. The report spotlights the Group’s journey toward ,
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.
Hirdaramani's capabilities continue to set it apart in this competitive market. The company's apparel leadership is underpinned by:
We recognize that technology amplifies, but people create. In 2024, the group invested in several initiatives,
The 2024 report details investments in:
The story of Hirdaramani in 2024 is one of "Continuous Progression, Together". It’s the tale of a family business that survived a century by remembering that while the clothes change, the commitment to people and the planet must remain as steady as Parmanand’s first stitch. Hirdaramani group annual report