Tuesday, January 23, 2018
Kering recognized as most sustainable textile, apparel and luxury goods corporation in the world by Corporate Knights' 2018 Global 100
Kering has been named the world’s most sustainable textile, apparel and luxury goods corporation, according to the Corporate Knights’ Global 100 index published at the World Economic Forum in Davos today. This marks the third consecutive year that Kering has been included in the ranking, placed 1st within its own industry and 47th overall within the 2018 Global 100 index.
“A criterion in all business decisions, traversing all departments and areas of our supply chain, we consider sustainability to be the Kering seal of savoir-faire. Inclusion in Corporate Knights’ 2018 Global 100, as the most sustainable corporation in the textile, apparel and luxury sector, is thus truly an honour for Kering, and a source of motivation to continue our pursuit of a more sustainable luxury.” said Marie-Claire Daveu, Chief Sustainability Officer and Head of international institutional affairs of Kering.
The Corporate Knights’ Global 100 is recognised as the joint best index in the world, according to the Branding Institute, for its relevance, insight, trustworthiness and convincing methodology. The index is devised from a starting universe of 7,425 listed companies who represented a market capitalisation greater than $2 billion (USD) on 1 October 2017. Evaluated on a suite of 17 quantitative key performance indicators, those corporations selected for inclusion in the Global 100 represent the top 2% in the world on sustainability performance.