Gucci’s owner, Kering, says it can trace almost 90% of the key raw materials in its products. Kering , the French luxury-goods conglomerate that owns Gucci and Balenciaga, says it can trace to their origins nearly 90% of the materials used by its many brands. The company measures and monitors the environmental impact of its supply chain and operations, and publishes its findings in an environmental profit-and-loss statement, which assigns a monetary value to the environmental footprint of its products like leather bags or cashmere sweaters.
Similarly, Tatung , a Taiwanese conglomerate whose products range from rice cookers to smart meters, has been analyzing its entire value chain—everything from the conception to the distribution of its products—and disclosing the carbon footprint of all its products since 2010. These are the kinds of sustainability-focused initiatives that landed Tatung and Kering on The Wall Street Journal’s new ranking of the 100 most sustainably managed companies in the world , as well as among the top 10 in the business model and innovation subranking. Tatung claimed the top spot in the subranking and is ranked 75th overall. Kering landed at No. 2 in the business […]