Gildan Activewear has joined Ethisphere’s Business Ethics Leadership Alliance (BELA), which it said is “a global community of companies who recognise the value of ethical leadership and who are working together to move forward with ethics and integrity”.

Lindsay Matthews, vice president, general counsel and corporate secretary at Gildan Activewear, said: “Being part of a collaborative community focused on sharing of best practices for ethics and compliance will allow us to bring the best of what we are doing as well as our challenges to the table and learn from others across a broad spectrum of industries. Good compliance practices simply make for better businesses.”

Lindsay continued: “Companies are no longer pursuing compliance as a legal prerequisite demanded by stakeholders, they are realising how important it is to pursue value-based compliance that is in line with their corporate ethos. Our company’s commitment to ethical business practices filters into every aspect of what we do and contributes to a strong corporate culture based on trust and transparency.”

BELA was founded by Ethisphere Institute after the financial crisis of 2008. Founding members include General Electric, PepsiCo and Walmart.