French luxury group, Kering, has received recognition for its unwavering commitment to sustainability in the highly regarded Global 100 ranking by Corporate Knights. This ranking, which evaluates 8,080 companies worldwide, is widely regarded as a reputable reference for measuring sustainable development.
In the latest edition of the ranking, Kering has made an impressive climb of 16 places compared to the previous year, securing its position at number 7 overall. This achievement solidifies Kering’s status as a leader in the “Retail of Clothing and Accessories” sector.
The rankings were determined by Corporate Knights’ thorough evaluation of 24 quantitative performance indicators. These indicators encompass a range of aspects such as carbon emissions, water usage, waste management, supplier performance, and workforce management.
Kering’s standout position in the ranking puts it just one step behind Schneider Electric SE, the top-ranked company. Other notable companies ahead of Kering include Orsted A/S, Banco do Brasil SA, Neste Oyj, Stantec Inc, and McCormick & Company Inc.
For a comprehensive view of the ranking and its associated indicators, interested individuals can visit the Corporate Knights website.
Kering’s success in securing a high placement in the Global 100 ranking reflects its ongoing dedication to sustainability. The company has proactively implemented numerous initiatives aimed at minimizing its environmental footprint and promoting ethical practices throughout its supply chain. Kering has notably achieved significant advancements in reducing greenhouse gas emissions, conserving water, and managing waste effectively.
Through its proactive approach and unwavering commitment to sustainability, Kering aims to lead the luxury industry towards a future that is more sustainable and responsible. The company utterly acknowledges the importance of addressing environmental and social challenges and strives to set a positive example that inspires others in the industry.
The recognition received from Corporate Knights further strengthens Kering’s standing as a global frontrunner in sustainable luxury. The company’s dedication to sustainability not only benefits the environment and society, but it also contributes to its long-term success and reputation. As consumer preferences increasingly prioritize sustainability, Kering’s commitment to responsible practices will continue to provide an invaluable advantage.
Useful links:
1. For more information on the Global 100 ranking and associated indicators, please visit the Corporate Knights website here.
2. To learn more about Kering’s sustainability initiatives and progress, please visit their official website here.
