Hermes

OVERALL
Owned	FRA
Rating

Luxury goods

Founded 1837. Leather goods, fashion and perfume company, 65% owned by founding Hermes family.


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Hermes International SA

CDP Forests Score of B

In 2019, 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 B.
[Source 2019][More on Forests]

CDP Climate Change Score of B

In 2019, 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 2019][More on Climate Change]

CDP Water Security Score of B

In 2019, 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 B.
[Source 2019][More on Human Rights]

Child labour scorecard

This website by German NGO Earth Link rates companies on their corporate policies against child labour, production monitoring and accusations of child labour. This company received at least one green mark, and no red marks, indicating good performance in one or more of these areas.
[Source 2013][More on Human Rights]

33/100 in Fashion Transparency Index

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 33%, signifying it is publishing suppliers lists as well as detailed information about their policies, procedures, social and environmental goals, supplier assessment and remediation processes, and is more likely to be addressing issues such as living wages and collective bargaining. The average score was 23% and the highest score was 73%.
[Source 2020][More on Sustainability Reporting]

17/100 in KnowTheChain Benchmark

In 2018 KnowTheChain benchmarked 120 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 17/100.
[Source 2018][More on Workers Rights]

Cotton sourcing (Rank a Brand)

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]

Human Rights Benchmark

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 2019][More on Human Rights]

28.0% in Newsweek Green Rankings 2016

This company received a score of 28/100 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 2016][More on Sustainability Reporting]

Use of factory farmed alligators

This 2015 investigation by PETA reveals that Hermes sources alligator and crocodile skins from factory farms in Texas and Zimbabwe for its luxury bags, belts and watchbands. It takes two or three crocodiles to make just one handbag, which can sell for $50,000 or more.
[Source 2015][More on Animal Rights]

Use of fur

Hermes is listed on the Humane Society website as a designer who still uses fur.
[Source 2019][More on Animal Rights]

25/100 S&P Global ESG Score

This company received an S&P Global ESG Score of 25/100 in the Textiles, Apparel & Luxury Goods category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. 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 2019][More on Sustainability Reporting]

No Detox commitment

Greenpeace launched their Detox Campaign in 2011 to expose the direct links between global clothing brands, their suppliers and toxic water pollution around the world. As a result, many companies have joined Greenpeace's Detox Program, which requires companies to adopt a credible, individual and public commitment to phase out the use and release of all toxic chemicals from their global supply chain and products, by 1 January 2020. This company is yet to make a commitment despite pressure from Greenpeace.
[Source 2016][More on Habitats]

Price fixing in France

In Jan 2012 a Paris appeals court upheld a 40 million euro fine imposed in 2006 by the French competition watchdog, which said the companies involved had reached illicit agreements on price fixing, enforced by procedures to monitor prices in outlets and backed up by commercial threats for non-compliance. Thirteen leading perfume and luxury goods companies were fined.
[Source 2012][More on Governance]

Responsible Jewellery Council member

This company 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]

'C+' grade in WWF Deeper Luxury report

WWF-UK analysed and ranked the 10 largest publicly-traded luxury brand-owners on their environmental, social and governance (ESG) performance.
[Source 2007][More on Governance]

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Company Details

Company Structure	Public company
Revenue	6 billion euros in 2018
# Employees	14,284 in 2019

Contact Details

Address	Paris, France
Website	www.hermes.com

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