Li & Fung
Supply chain management
In 2020 a consortium made up of members of the Fung family and Singapore's GLP took the company private in a deal worth some US$930 million.
|Li & Fung Ltd||HKG||website|
| Li & Fung Group
owns 32% of Li & Fung Ltd
|Li & Fung Ltd|
The Ethical Trading Initiative (ETI) is an alliance of companies, trade unions and NGOs. They work in partnership to improve the lives of workers across the globe who make or grow consumer goods - everything from tea to T-shirts, from flowers to footballs. This company's membership status is 'Foundation stage'.
[Source 2018][More on Workers Rights]
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 2019][More on Human Rights]
This company scores Ethical Consumer's worst rating for their use of palm oil, signifying they are using no or minimal certified palm products, and with no or minimal positive commitments.
[Source 2019][More on Palm Oil]
This 2011 report by the International Textile Garment and Leather Workers' Federation (ITGLWF) examined working conditions in 83 factories in Indonesia, Sri Lanka and the Philippines. Investigations found that widespread violations and abuses of workers' rights continue to be the norm, such as underpaying workers, long hours, forced overtime, and repression of the freedom of association. This company's brands were found to be made in one or more of the 83 factories covered in the research. [Listed under Information due to age of report]
[Source 2011][More on Workers rights]
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 2020][More on Multi-Stakeholder Initiatives]
This company is a member of the Supplier Ethical Data Exchange (Sedex), a not-for-profit, membership organisation that leads work with buyers and suppliers to deliver improvements in responsible and ethical business practices in global supply chains. Tens of thousands of companies use Sedex to manage their performance around labour rights, health & safety, the environment and business ethics.
[Source 2018][More on Multi-Stakeholder Initiatives]
This company is a 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 2020][More on Multi-Stakeholder Initiatives]
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 C.
[Source 2019][More on Climate Change]
This 2009 report from Oxfam Hong Kong rates how well 26 Hong Kong garment companies report their labour standards in the supply chain. This company received the second highest score with 33/100.
[Source 2009][More on Workers Rights]
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 2018][More on Human Rights]
Responsible Sourcing Network's 2014 report Cotton Sourcing Snapshot: A Survey of Corporate Practices to End Forced Labor includes survey results and ratings of 49 companies reflecting actions they are taking to stop cotton from Uzbekistan picked with forced labor from entering their supply chains. The survey offered a maximum of 100 points across 11 indicators in the categories of Policy, Public Disclosure, Engagement, and Implementation & Auditing. Only five companies scored over 50 points, 19 companies scored under 25 points, and two companies scored zero. This company received a score of 43.
[Source 2014][More on Human Rights]
This company received an S&P Global ESG Score of 56/100 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]
|Company Structure||Private company|
|Revenue||US$13.5 billion in 2009|
|# Employees||13,400 in 2009|
|Address||Kowloon, Hong Kong (China)|