In 2024, the Hirdaramani Group prioritized sustainable infrastructure and net-zero carbon emissions, highlighted by a Rs. 10 billion investment in a new green textile mill in Pannala, Sri Lanka. The group became the first in Sri Lanka to achieve SBTi-approved net-zero targets and continued to expand its renewable energy portfolio. For more details, review the Hirdaramani Sustainability Report 2024 Hirdaramani group annual report

Hirdaramani Annual Report 2024: Resilience, Sustainability, and Digital-Led Growth

Colombo, Sri Lanka – The Hirdaramani Group, one of Sri Lanka’s oldest and largest apparel and textile conglomerates, released its Annual Report for the financial year 2024, highlighting steady operational resilience amid global economic headwinds, accelerated digital transformation, and deeper commitments to environmental and social governance (ESG).

Renewable Energy: The Group generates 16.2 GWh annually through rooftop solar projects, primarily the Suryadhanavi Rooftop Solar Project, saving roughly 13,400 tonnes of carbon.

  1. Renewable Energy Transition: Significant expansions in rooftop solar capacity across their factories in Sri Lanka and Bangladesh. The report outlines a roadmap to source a majority of energy needs from renewables, hedging against fossil fuel price volatility.
  2. Circularity: The launch of new initiatives focused on circular fashion. The Group has invested in technologies that allow for greater usage of recycled fibers and the reduction of fabric waste during the cutting process. The report highlights partnerships with global brands that prioritize "circular" suppliers, proving that green investments yield commercial returns.
  3. Water Stewardship: With water scarcity becoming a global risk, the report details the implementation of advanced effluent treatment plants and water recycling systems, drastically reducing the "water footprint" of each garment produced.

Business Model & Strategy (2–4 pages)

Hirdaramani Annual Report 2024 🎯 No Login

In 2024, the Hirdaramani Group prioritized sustainable infrastructure and net-zero carbon emissions, highlighted by a Rs. 10 billion investment in a new green textile mill in Pannala, Sri Lanka. The group became the first in Sri Lanka to achieve SBTi-approved net-zero targets and continued to expand its renewable energy portfolio. For more details, review the Hirdaramani Sustainability Report 2024 Hirdaramani group annual report

Hirdaramani Annual Report 2024: Resilience, Sustainability, and Digital-Led Growth

Colombo, Sri Lanka – The Hirdaramani Group, one of Sri Lanka’s oldest and largest apparel and textile conglomerates, released its Annual Report for the financial year 2024, highlighting steady operational resilience amid global economic headwinds, accelerated digital transformation, and deeper commitments to environmental and social governance (ESG). hirdaramani annual report 2024

Renewable Energy: The Group generates 16.2 GWh annually through rooftop solar projects, primarily the Suryadhanavi Rooftop Solar Project, saving roughly 13,400 tonnes of carbon. Business Model & Strategy (2–4 pages)

  1. Renewable Energy Transition: Significant expansions in rooftop solar capacity across their factories in Sri Lanka and Bangladesh. The report outlines a roadmap to source a majority of energy needs from renewables, hedging against fossil fuel price volatility.
  2. Circularity: The launch of new initiatives focused on circular fashion. The Group has invested in technologies that allow for greater usage of recycled fibers and the reduction of fabric waste during the cutting process. The report highlights partnerships with global brands that prioritize "circular" suppliers, proving that green investments yield commercial returns.
  3. Water Stewardship: With water scarcity becoming a global risk, the report details the implementation of advanced effluent treatment plants and water recycling systems, drastically reducing the "water footprint" of each garment produced.

Business Model & Strategy (2–4 pages)