Delta gri 2012 report

Page 25

The main identified risk Delta faces from climate change and extreme weather patterns is the sensitivity of cotton, which is our principal raw material. Most of the cotton sourcing countries (India, Bangladesh, Pakistan) were severely affected by droughts in recent years, which influenced the price of cotton. The same weather patterns are expected to be dominant in the coming decades.

Membership in associations Ma’ala - Delta Galil is a member of the non-profit organization Ma’ala-Business for Social Responsibility. Ma’ala is Israel’s leading advocate on corporate values and citizenship. As a

To hedge against the risk that extreme weather patterns will

member of the organization, Delta receives updated professional

affect the price of cotton, we diversify and work with suppliers

information and is connected to a local and international network

from different regions. Delta Galil also develops fabrics from

of socially responsible companies. Joining Ma’ala is a declaration

different yarns in order to offer alternatives to cotton.

of Delta Galil’s support for corporate responsibility.

Manufacturers Association of Israel

- Delta

Galil is also a member of the Manufacturers Association of Israel which promotes economic independence and security. The Association influences decision-making at the macro-economic level, including labor and foreign trade – both at the level of proposed parliamentary legislation, as well as the execution of laws.

page 46

page 47


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