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Kering in top 10 most sustainable companies

02 Feb '21
1 min read
Pic: Kering
Pic: Kering

Announced virtually during the World Economic Forum, Kering, a French global luxury group, has been placed 7th out of 8,080 companies around the world and has once again topped its own sector in the Corporate Knights’ 2021 annual Global 100 ranking. For the fourth year in a row, Kering has been ranked first in the clothing and accessory retail category.
 
The Corporate Knights’ Global 100 Index is considered a benchmark for corporate sustainability every year.  The Global 100 companies represent the top 1 per cent in the world on sustainability performance. In 2021, 8,080 companies worldwide were analysed against industry peers to determine the index’s ranking. To maintain its leadership position in the clothing and accessory retail category among 143 companies, Kering was assessed against 24 quantitative key performance indicators (KPIs) covering resource management, employee management, financial management, clean revenue and investment and supplier performance.  
 
In particular, Kering ranked highest for environmental performance, clean revenue and clean investment within its industry.  Further recognition was awarded under sustainability pay link whereby Kering scored 100 per cent for best practices related to executive remuneration linked to driving sustainability performance.

Fibre2Fashion News Desk (JL)

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