Luxury goods company
World's second largest luxury goods company, behind LVMH.
|Compagnie Financiere Richemont SA||SWI||website|
|Compagnie Financiere Richemont SA|
In 2018, 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 B.
[Source 2018][More on Climate Change]
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 2016][More on Human Rights]
Rank a Brand searches the websites of brands for the answers to carefully targeted questions. From this they calculate sustainability scores based on the themes of environment, climate, labor issues, and transparency. Brands owned by this company received a 'E'.
[Source 2016][More on Sustainability Reporting]
Brands owned by this company are on RankaBrand's Greenwashing Alert list. These are companies that report in some way on sustainability, but the information they provide is either of marginal or no relevance and is not explicit about sustainability performance.
[Source 2014][More on Irresponsible Marketing]
In 2007 WWF-UK analysed and ranked the 10 largest publicly-traded luxury brand-owners on their environmental, social and governance (ESG) performance. (Listed under information due to age of report)
[Source 2007][More on Governance]
This company's subsidiary, Cartier, is a certified member of the Responsible Jewellery Council (RJC). Certification under the RJC system demonstrates that the Member's business practices conform to RJC's Code of Practices for business ethics, human rights, social and environmental performance.
[Source 2019][More on Multi-Stakeholder Initiatives]
This company received a SAM Rank of 54/100 in the Textiles, Apparel & Luxury Goods category of the 2018 SAM Corporate Sustainability Assessment. The index is 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 2018][More on Sustainability Reporting]
|Company Structure||Public company|
|# Employees||2,450 in 2008 in World|