Compliance management and audits are fundamental for luxury companies to ensure that their social and environmental policies are enforced throughout the supply chain. In 2018, 54.4 percent of Kering's suppliers were rated as compliant. Conversely, at least one zero-tolerance breach was identified for 1.9 percent of the suppliers. According to the source, 100 suppliers saw their business relationship terminated by Kering in 2018 due to unsatisfactory audit results.
Share of suppliers of the Kering Group that are in compliance with its social and environmental standards in 2019
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Kering. (May 20, 2019). Share of suppliers of the Kering Group that are in compliance with its social and environmental standards in 2019 [Graph]. In Statista. Retrieved January 18, 2021, from https://www.statista.com/statistics/1126638/kering-supplier-compliance-rate/
Kering. "Share of suppliers of the Kering Group that are in compliance with its social and environmental standards in 2019." Chart. May 20, 2019. Statista. Accessed January 18, 2021. https://www.statista.com/statistics/1126638/kering-supplier-compliance-rate/
Kering. (2019). Share of suppliers of the Kering Group that are in compliance with its social and environmental standards in 2019. Statista. Statista Inc.. Accessed: January 18, 2021. https://www.statista.com/statistics/1126638/kering-supplier-compliance-rate/
Kering. "Share of Suppliers of The Kering Group That Are in Compliance with Its Social and Environmental Standards in 2019." Statista, Statista Inc., 20 May 2019, https://www.statista.com/statistics/1126638/kering-supplier-compliance-rate/
Kering, Share of suppliers of the Kering Group that are in compliance with its social and environmental standards in 2019 Statista, https://www.statista.com/statistics/1126638/kering-supplier-compliance-rate/ (last visited January 18, 2021)