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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.

Share of suppliers of the Kering Group that are in compliance with its social and environmental standards in 2019

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Source

Release date

May 2019

Region

France

Survey time period

2019

Supplementary notes

* Depending on the results of audits, suppliers are classified as: compliant (no zero-tolerance breaches, no supplier compliance breaches, fewer than five observations); partially compliant (no zero-tolerance breaches, no serious compliance breaches, fewer than five moderate breaches); progress expected (no zero-tolerance breaches, more than five moderate compliance breaches or at least one serious breach); zero tolerance (at least one zero-tolerance breach).

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Statistics on "Corporate social responsibility in the luxury industry in France"

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