Retail holding company
Established in 1963. Opened it's first Uniqlo store in 1984. Owns Uniqlo plus several other brands. Operates over 2400 stores worldwide.
|Fast Retailing Co Ltd||JPN||website|
|Fast Retailing Co Ltd|
This company has signed the 'Accord on Fire and Building Safety in Bangladesh', a program endorsed by Bangladeshi and international unions and labor rights organizations. The ground-breaking program includes independent safety inspections with public reports, mandatory factory building renovations, the obligation by brands and retailers to underwrite the cost of repairs, and a vital role for workers and their unions all in a legally-binding, enforceable agreement.
[Source 2014][More on Workers Rights]
When joining the Fair Labor Association (FLA) this company committed to promoting and complying with international labor standards throughout their supply chain. The FLA does not accredit the company itself; rather, they accredit the company's labor compliance program. Being granted accreditation implies that their workplace standards program is substantially in compliance with the FLA Code.
[Source 2016][More on Workers Rights]
This company has signed the Cotton Pledge with the Responsible Sourcing Network, signifying a public commitment to not use Uzbekistani cotton. (Uzbekistan is the world's fifth largest exporter of cotton and has for decades been criticised for using the forced labour of its schoolchildren to harvest that cotton by hand under appalling conditions. This practice is organised and controlled by the central government).
[Source 2016][More on Human Rights]
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 0.5/19.5, making it one of the weakest performing companies.
[Source 2016][More on Human Rights]
The 2017 Corporate Human Rights Benchmark assessed 98 of the largest publicly traded companies in the world from the Agricultural Products, Apparel and Extractives sectors on 100 human rights indicators. This company's score was in the 10-19 band range. The overall average score was 28.7%.
[Source 2017][More on Human Rights]
This company received a score of 22.1/100 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]
Greenpeace launched its "Detox My Fashion" 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, including this one, committed to Greenpeace's Detox Program. The 2016 Detox Catwalk report focused on implementation, assessing the steps taken by fashion brands to fulfil their commitments using three criteria: Detox 2020 plan, PFC elimination and Transparency. This company is "committed to Detox and has made progress implementing its plans, but its actions need to evolve faster to achieve the 2020 Detox goal".
[Source 2016][More on Habitats]
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 2015][More on Multi-Stakeholder Initiatives]
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 2016][More on Multi-Stakeholder Initiatives]
|Company Structure||Public company|
|Revenue||US$11.6 billion in 2013|
|# Employees||23,982 in 2013|
|Subsidiaries||Uniqlo Co Ltd
- Uniqlo Australia Pty Ltd