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Zegna

OVERALL

Owned
ITA
Rating
Criticisms

Luxury fashion

While still controlled by the Zegna family, the company listed on the New York Stock Exchange in 2021.

Ermenegildo Zegna NV   ITA     website         

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Ermenegildo Zegna NV
Social Forced labour in China
The Chinese government has facilitated the mass transfer of Uyghur and other ethnic minority citizens from the far west region of Xinjiang to factories across the country. Under conditions that strongly suggest forced labour, Uyghurs are working in factories that are in the supply chains of at least 83 well-known global brands in the technology, clothing and automotive sectors, including brands owned by this company. The Australian Strategic Policy Institute's 2020 report estimates (somewhat conservatively) that more than 80,000 Uyghurs were transferred out of Xinjiang to work in factories across China between 2017 and 2019, and some of them were sent directly from detention camps.
Source: ASPI (2020)
Business Ethics 2/5 on Good On You
This company owns brands rated 'Not good enough' by Good On You, whose rating system considers the most important social and environmental issues facing the fashion industry to assess a brand's impact on people, the planet and animals.
Source: Good On You (2022)
Business Ethics The Fashion Pact member
This company is a member of The Fashion Pact, a global initiative of companies in the fashion and textile industry (ready-to-wear, sport, lifestyle and luxury) including their suppliers and distributors, all committed to a common core of key environmental goals in three areas: stopping global warming, restoring biodiversity and protecting the oceans.
Source: The Fashion Pact (2022)
Business Ethics Sustainability claims
This company has sustainability claims on its website and a publicly available Code of Ethics.
Source: company website (2022)
Social BHRRC company profile
Business & Human Rights Resource Centre digital platform presents news and allegations relating to the human rights impact of over 20,000 companies. Their enhanced Company Dashboards also include financial information, key data points based on corporate policies, and scores from prominent civil society benchmarks. Follow the link and use the search function to view this company's dashboard.
Source: BHRRC (2022)
Business Ethics 33/100 in Fashion Transparency Index
The 2023 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 human rights 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 26% and the highest score was 83%.
Source: Fashion Revolution (2023)

> About the Icons

Company Details

Type Public company
Founded 1910
Revenue 1.3 billion EUR (2021)
Employees 6,500 (2021)

Contact Details

Address Milan, Italy
Website www.zegnagroup.com/en/

Products / Brands

Zegna
Ermenegildo Zegna Luxury Brands
Tom Ford Womens Fashion
Tom Ford Menswear (casual)


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