Our focus on high ethical standards allows us to mitigate and take corrective actions against any potential ethical or compliance violation. It also enables us to anticipate emerging issues and develop proactive programs to address them, and this is a crucial part of how we work to reduce risks in our business.
Our commitment drives us to adopt practices that go above and beyond the baseline compliance expectations related to applicable Canadian and U.S. securities legislation, as well as the requirements of the Toronto and New York stock exchanges, where Gildan's shares are listed. Our Corporate Governance Guidelines reflect our commitment, and we review and update these guidelines regularly to ensure they remain consistent with evolving industry trends and best practices.
We provide transparent and valuable disclosures for our stakeholders. Since 2008, we have disclosed our ESG performance according to the Global Reporting Initiative (GRI); for the first time in 2020, we disclosed our data aligned with the Sustainable Accounting Standards Board (SASB) standards. Finally, we support the Financial Stability Board's Task Force on Climate-Related Financial Disclosures (TCFD) framework demonstrated through our first climate change disclosure in 2020 as well.