Anant Ahuja, Head of ESG at Shahi Exports, said, “The past year has marked significant shifts in the narrative, perspective, and business of sustainability in fashion. As the industry evolves, Shahi remains committed to conducting our business in a way that reduces negative impact and maximizes the positive impact on our people and the planet. The Sustainability Report is an important tool in helping us track our progress and identify areas where we can make further improvements. The data and insights reported over the past two years have been invaluable in helping us develop more strategies aligned with long-term thinking on our growth journey.”
Key highlights of the report:
Shahi has moved the needle on Planet targets by:
- Increasing renewable energy capacity to 92.5MW brings it closer to 100% renewable electricity goal by 2026.
- This year, Shahi phased out coal from garment factories and continue to work on coal elimination in mills.
- Achieved Higg FEM verified average score of 78.05%, compared to the global average of 59.67%.
On the People front:
- Shahi has invested 1.2 million hours in upskilling its employees in behavioral & technical skills.
- The company continued to invest in soft skills training for women through the Gap Inc. PA.C.E. program, reaching 86,000+ women since 2007 and completing 96% of 2024 training target.
- It partnered with the International Organization for Migration (IOM) to support migrant workers and launched the YESS: Yarn Ethically and Sustainably Sourced program to mitigate the risk of forced labor in supply chain.
