Kering has been named as the world’s most sustainable textile, apparel and luxury goods corporation, as per 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.
Marie-Claire Daveu, Chief Sustainability Officer and Head of international institutional affairs of Kering says, “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.” The Corporate Knights’ Global 100 is recognised as the joint best index in the world, as per the Branding Institute, for its relevance, insight, trustworthiness and convincing methodology. The index is devised from a starting universe of 7,425 listed companies which represents a market capitalisation of over $2 billion on October 1, 2017.
A global Luxury group, Kering develops an ensemble of luxury houses in fashion, leather goods, jewellery and watches: Gucci, Bottega Veneta, Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, McQ, Stella McCartney, Tomas Maier, Boucheron, Dodo, Girard-Perregaux, Pomellato, Qeelin and Ulysse Nardin. Kering is also the force behind sport and lifestyle brands Puma, Volcom and Cobra. The group generated revenue of €12.385 billion in 2016 and had over 40,000 employees.