Kering ranked among the ten most sustainable companies in the World. Kering also topped the Corporate Knights’ 2021 annual Global 100 ranking in clothing and accessory retail for the fourth year in a row. Kering’s commitment to sustainability was recognized during the virtual World Economic Forum in Davos as the French luxury group was ranked among the World’s top 10 most sustainable companies. It was also rated first in clothing and accessory retail for the fourth year in a row.
Kering placed seventh out of 8,080 companies around the World and once again topped its sector in the Corporate Knights’ 2021 annual Global 100 ranking, considered a benchmark for corporate sustainability. The Global 100 companies represent the top 1 percent in the World on sustainability performance. Kering maintained its leadership position in the clothing and retail accessory category among 143 companies, assessed against 24 quantitative key performance indicators ranging from resource management, employee management, and financial management to clean revenue and investment and supplier performance.
One of Kering’s goals is to reduce its environmental footprint by 40 percent by 2025. Drafting and publishing a profit and loss account to tally the ecological cost of its activities has been key to establishing Kering as an authority on sustainability issues. In particular, Kering ranked highest for environmental performance, clean revenue, and clean investment within its industry. Further recognition was awarded under sustainability pay-link as Kering scored 100 percent for best practices related to executive remuneration linked to driving sustainability performance.
