Supplier compliance rate at the Kering Group 2019
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.
