Textile

Kering makes top 1% of sustainable businesses

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PARIS – Luxury fashion group Kering, which owns the Gucci, YSL and Balenciaga brands, has been placed seventh in the Corporate Knights’ 2021 annual Global 100 ranking, an achievement that places the company in the top one per cent of sustainable businesses in the world.   

The French multinational was the highest placed business from the apparel industry, an honour it accepted for the fourth consecutive year, and was recognised for its environmental efforts during the virtual World Economic Forum that took place earlier this week.

The Corporate Knights’ ranking assessed 8,080 companies across a number of industries, and analysed business performance against 24 quantitative key performance indicators.

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