PDS Limited has unveiled its third annual sustainability report, alongside the inauguration of a solar power facility at its manufacturing unit, Green Smart Shirts Ltd (GSSL), located in Bangladesh.

The PDS Group sustainability report 2023 provides insights into various initiatives undertaken by PDS and its business verticals upholding its four pillars of sustainability: Respect Water, Reduce Emission, Think Circular, and Build Community. The report captures the company’s progress against various milestones under each sustainability pillar.

PDS Limited has released its 2023 sustainability report, highlighting initiatives in line with its four sustainability pillars.
It has also launched a 1 MW solar power plant at Green Smart Shirts Ltd (GSSL) in Bangladesh, aiming to reduce emissions and achieve LEED platinum certification.
Two out of its three manufacturing facilities now use renewable energy.

The second initiative is the launch of the GSSL solar power plant in Bangladesh. The power plant generates One megawatt (MWh) of renewable green energy and potentially mitigates over 10,000 tonnes/kWh of carbon emission in its lifetime. With the installation of the solar power plant, the facility is now poised to receive a LEED platinum certification from the current gold certification, the company said in a press release.

Of the three manufacturing facilities, now two of them are powered by renewable energy sources. The Sri Lanka based subsidiary, Norlanka was the first facility to install a solar power plant generating over 70,000 kilowatts (kWh) of energy.

“We believe unreservedly in our mission to be an organisation that puts integrity, transparency, and sustainability at its core. Our commitment is reflected in the initiatives undertaken by PDS. With our innovation arm, PDS Ventures, we are making investments to nurture scalable inventions in areas such as sustainable cotton production, material science, and technology, all the while remaining steadfast in our commitment to the future of the fashion and retail industry,” Pallak Seth, executive vice chairman, said.

“Sustainability is intertwined with the very fabrics of our organization. All our initiatives are demonstrative of PDS keeping our promise to a sustainable future. The launch of the solar power plant in GSSL Bangladesh is another promise we have delivered. Furthermore, the PDS Group sustainability report 2023 displays many of the milestones we have achieved- from water conservation in our factories to our community building initiatives across the world,” Sanjay Jain, group chief executive officer, said.

“We have set ourselves targets that will help all of us to deliver a better environment for future generations. Our sustainability report underscores this commitment, including our net zero by 2050. Our plan outlines science-based objectives aligned with UNCCC to which we are a signatory in 2023. We believe industry-wide collaboration is essential to address climate change and advocacy will play a pivotal role,” Paul Wright, group ESG director, said.

Fibre2Fashion News Desk (RR)