Kate Spade
OVERALL |
|
Owned |
USA |
Rating |
 |
Fashion
Founded as Liz Claiborne Inc. in 1976, and was renamed Fifth & Pacific in 2012, until becoming Kate Spade & Company in 2014. Acquired by Coach Inc in 2017 for US$2.4bn.
Company Ownership
| Kate Spade & Company | USA | website | ||||
Tapestry Inc 
owns 100% of Kate Spade & Company |
USA | website | ||||
Luxury fashion Coach was founded in 1941. Changed its name to Tapestry in 2017 after buying Kate Spade and Stuart Weitzman. | ||||||
Company Assessment
| PRAISE | CRITICISM | INFORMATION | ||
| Kate Spade & Company | ||||
|
This company has signed the Cotton Pledge with the Responsible Sourcing Network, signifying a public commitment to not knowingly source Uzbek cotton for the manufacturing of any of their products until the Government of Uzbekistan ends the practice of forced labor in its cotton sector. The Uzbek government uses local government officials, hospital directors, and school presidents to mobilize workers; and detains and tortures human rights defenders seeking to monitor the harvests.
Source: As You Sow (2019) |
This company received a score of 7.4/100 (retrieved 10-Oct-2020) in the Corporate Information Transparency Index (CITI), a system for evaluating supply chain practices in China, particularly in regards to environmental management and water pollution. Scores are calculated using government compliance data, online monitoring data, and third-party environmental audits, as well as trends in the environmental performance of factories in the company's supply chains.
Source: IPE (2020) |
This 2012 report by the Institute for Global Labour and Human Rights reveals how workers at the Rich Pine garment factory in Jordan endure mandatory, seven-day, 96-hour work weeks. All overtime is obligatory, wages are below the legal minimum wage, sick days are not allowed and workers are housed in crowded, primitive dorms. Liz Claiborne clothing accounts for roughly 60 per cent of total production from the factory.
Source: Institute for Global Labour and Human Rights (2012)
This company has announced that they don't sell animal fur or are phasing in a fur-free policy.
Source: Humane Society (2019)
This company is a member of the Alliance for Bangladesh Worker Safety, a legally binding, five-year commitment to improve safety in Bangladeshi ready-made garment factories. The Alliance aims to improve worker safety in the Bangladesh garment industry by upgrading factories, educating workers and management, empowering workers, and building institutions that can enforce and maintain safe working conditions throughout Bangladesh. However it lacks an important enforcement mechanism included in the Accord on Fire and Building Safety in Bangladesh, and unlike the Accord, the Alliance has not received the endorsement of the ILO.
Source: Alliance for Bangladesh Worker Safety (2020)
This company is a partner of Better Work, an initiative of the UN's International Labour Organization and the International Finance Corporation which brings diverse groups together - governments, global brands, factory owners, and unions and workers - to improve working conditions in the garment industry and make the sector more competitive.
Source: Better Work (2020)
This 2010 report by As You Sow, "Toward a Safe, Just Workplace: Apparel Supply Chain Compliance Programs", provides a scorecard and report focus on company programs such as: factory auditing, remediation, continuous improvement, collaboration, company management accountability, and transparency. This company received a C- rating.
Source: As You Sow (2010)
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
Source: Open Secrets (2020) |
||
| Tapestry Inc | ||||
|
This company is listed as having best practice on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
Source: Human Rights Campaign (2020) |
This company received a score of 5.4/100 (retrieved 10-Oct-2020) in the Corporate Information Transparency Index (CITI), a system for evaluating supply chain practices in China, particularly in regards to environmental management and water pollution. Scores are calculated using government compliance data, online monitoring data, and third-party environmental audits, as well as trends in the environmental performance of factories in the company's supply chains.
Source: IPE (2020)
In early 2017, China's Communist Party began a new incarceration campaign, rounding up, detaining and forcibly indoctrinating over 1 million Uyghurs and other Muslim minority ethnic groups in the far-western region. A coalition of more than 180 human rights groups is calling on apparel brands and retailers to stop using forced labour in the Uyghur Region and end their complicity in the Chinese government's human rights abuses. This company is amongst those being targeted by coalition members for not doing enough to identify and disengage from business relationships with Uyghur Region-linked forced labour.
Source: End Uyghur Forced Labour (2021)
The 2019 Corporate Human Rights Benchmark assessed 200 of the largest publicly traded companies in the world from the Agricultural Products, Apparel, Extractives and ICT Manufacturing sectors on 100 human rights indicators. This company's score was in the 10-20 band range. The overall average score was a disappointing 24%.
Source: CHRB (2019)
In 2016 Rank a Brand assessed 37 major cotton-using companies on their commitment and performance with regard to sustainable cotton by looking at each company's cotton sourcing policies, use of sustainable cotton, and traceability. This company scored 0/19.5, making it one of the worst performing companies.
Source: Rank a Brand (2016)
A 2018 report by China Labour Watch found numerous labor law violations in a Chinese factory which is one of this company's main suppliers. Female workers at the factory went on strike after trying to negotiate with factory management in an effort to defend the basic rights granted to them by Chinese labor laws as well as receive compensation for their owed wages.
Source: China Labor Watch (2018)
In 2020/21 KnowTheChain benchmarked over 180 large global companies in the ICT, Food & Beverage, and Apparel & Footwear sectors on their efforts to address forced labour and human trafficking in their supply chains. This company received a score of 16/100.
Source: KnowTheChain (2021)
This company received a score of 14.8/100 in the Newsweek Green Rankings 2016, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
Source: Newsweek (2016)
In 2020, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts towards removing commodity-driven deforestation and forest degradation from its direct operations and supply chains. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Forests Score of D.
Source: CDP (2020)
The Forest 500 identifies, ranks, and tracks the governments, companies and financial institutions worldwide that together could virtually eradicate tropical deforestation. Rankings are based on their public policies and commitments and potential impacts on tropical forests in the context of forest risk commodities (palm oil, soy, beef, leather, timber and paper). This company received a score of 27%.
Source: Forest 500 (2020)
In 2019 the median pay for a worker at this company was US$25,450. The CEO was paid 486 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
Source: AFL-CIO (2020)
The 2020 Fashion Transparency Index reviewed 250 of the world's largest fashion brands and retailers and ranked them according to how much they disclose about their social and environmental policies, practices and impacts. Brands owned by this company scored 19%, signifying it makes some efforts to manage and improve their supply chains but make little supply chain information publicly available. The average score was 23% and the highest score was 73%.
Source: Fashion Revolution (2020)
This company received an S&P Global ESG Score of 21/100 in the Textiles, Apparel & Luxury Goods category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 7 Feb 2021). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2021) |
This company has announced that they don't sell animal fur or are phasing in a fur-free policy.
Source: Humane Society (2021)
This company is a member of the Leather Working Group, a multi-stakeholder group who's objective is to develop and maintain a protocol that assesses the compliance and environmental performance of tanners and promotes sustainable and appropriate environmental business practices within the leather industry.
Source: Leather Working Group (2019)
This company is a founding member of the Sustainable Apparel Coalition, a multi-stakeholder initiative launched in March 2011 by a group of global apparel and footwear companies and non-profit organizations (representing nearly one third of the global market share for apparel and footwear). The Coalition's goals are to reduce the apparel industry's environmental and social impact, and to develop a universal index to measure environmental and social performance of apparel products.
Source: Sustainable Apparel Coalition (2020)
In 2020, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of C.
Source: CDP (2020)
As You Sow's 2019 report, Mining the Disclosures, is a deep analysis of 215 companies' human rights performance in relation to sourcing conflict minerals from the Democratic Republic of the Congo (DRC). This company's score was 50.9% (Adequate).
Source: As You Sow (2019)
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Source: Modern Slavery Registry (2018)
In 2020, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security Score of C.
Source: CDP (2020)
WWF-UK analysed and ranked the 10 largest publicly-traded luxury brand-owners on their environmental, social and governance (ESG) performance.
Source: WWF UK (2007)
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
Source: Open Secrets (2020)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2021 rankings the public identified 19 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 321th of 928 companies, and 10th of 38 Household Goods & Apparel companies.
Source: JUST Capital (2020) |
||
Company Details
| Type | Wholly-owned subsidiary |
| Revenue | 1.24 billion USD (2015) |
| Employees | 6,800 (2014) |
Contact Details
| Address | New York, New York, USA |
| Media_Relations@katespade.com | |
| Website | www.katespadeandcompany.com |