Hanesbrands Inc. is a leading American clothing company that operates in the lingerie sector. The company has a rich history that dates back to 1901 when it was founded in Winston-Salem, North Carolina. Today, Hanesbrands Inc. is a global company with operations in more than 40 countries and a workforce of over 65,000 employees.

The company is committed to sustainability and has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy. Hanesbrands Inc. recognizes that decarbonisation is critical to addressing climate change, and it has taken several steps to reduce its environmental impact.

One of the ways Hanesbrands Inc. is working towards decarbonisation is by investing in renewable energy. The company has set a goal to source 100% of its electricity from renewable sources by 2025. To achieve this goal, Hanesbrands Inc. has entered into several corporate power purchase agreements (PPAs) with renewable energy providers.

A corporate PPA is a contract between a company and a renewable energy provider that guarantees the purchase of a certain amount of renewable energy over a specified period. By entering into these agreements, Hanesbrands Inc. is supporting the development of new renewable energy projects and reducing its reliance on fossil fuels.

In 2018, Hanesbrands Inc. signed a 10-year PPA with a wind farm in Texas that will provide the company with 250,000 megawatt-hours of renewable energy annually. This agreement is expected to reduce the company's carbon footprint by 15% and save it $3 million in energy costs over the life of the contract.

Hanesbrands Inc. has also invested in on-site renewable energy projects to reduce its reliance on grid electricity. The company has installed solar panels at several of its facilities, including its distribution center in Perris, California. The solar panels generate enough electricity to power the entire facility and reduce its carbon emissions by 1,200 metric tons per year.

In addition to investing in renewable energy, Hanesbrands Inc. is also focused on reducing its overall energy consumption. The company has implemented several energy efficiency measures at its facilities, including upgrading lighting systems, installing energy-efficient HVAC systems, and optimizing production processes to reduce energy waste.

Hanesbrands Inc. is also committed to reducing its greenhouse gas emissions throughout its supply chain. The company has set a target to reduce its Scope 1 and Scope 2 emissions by 40% by 2030, compared to its 2019 baseline. To achieve this goal, the company is working with its suppliers to reduce emissions from raw materials and transportation.

Hanesbrands Inc. is also committed to reducing its water consumption and waste generation. The company has set a target to reduce its water consumption by 50% by 2025, compared to its 2019 baseline. To achieve this goal, the company is implementing water-saving measures at its facilities and working with its suppliers to reduce water use in the production of raw materials.

In addition, Hanesbrands Inc. is working to reduce waste generation and increase recycling. The company has set a target to divert 90% of its waste from landfill by 2025. To achieve this goal, the company is implementing waste reduction measures at its facilities and working with its suppliers to reduce waste generation.

Overall, Hanesbrands Inc. is committed to sustainability and is taking significant steps to reduce its environmental impact. The company's focus on decarbonisation, corporate energy, corporate PPA, and renewable energy is commendable and sets an example for other companies in the lingerie sector and beyond. By investing in renewable energy and reducing its overall energy consumption, Hanesbrands Inc. is not only reducing its carbon footprint but also saving money and contributing to a more sustainable future.