KERING S.A.
PPX.XETRA | Retail sale of clothing, footwear and leather articles in specialized stores
Kering S.A. is a global luxury group that develops and markets a range of luxury goods. The company operates through various segments, including Gucci, Yves Saint Laurent, Bottega Veneta, Other Houses, and Corporate. Its product portfolio encompasses ready-to-wear apparel, leather goods (handbags, s...Show More
Better Health for All
0
No evidence available to assess KERING S.A on Better Health for All.
Fair Money & Economic Opportunity
0
Kering S.A. is a luxury goods group, not a financial institution.
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The provided articles do not contain any evidence that Kering offers lending, insurance, deposit services, or any other financial products to consumers. Therefore, all KPIs related to financial services, such as underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives (in the context of loan/insurance books), data accessibility (for financial data), fair lending compliance, wealth building outcomes, profit reinvestment (in community finance), financial literacy initiatives (for financial products), debt burden ratio, geographic inclusion (for banking services), and product simplicity (for financial products), are not applicable to the company's core business as evidenced. Consequently, no KPIs can be scored based on the provided rubric and evidence.
Fair Pay & Worker Respect
-10
In 2019, the CEO's pay was €16.6 million, and the average employee labor cost was €54,168, resulting in a CEO-to-worker pay ratio of approximately 306.45:1.
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A global analysis in 2023 revealed a 1.6% pay gap in favor of male employees, meaning women earn 98.4% of male pay.
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The employee engagement rate from a 2021 survey was 82%.
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Kering has incurred $12,767,500 in penalties across two records since 2000, with the specific nature of these violations not detailed in the provided summaries.
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Fair Trade & Ethical Sourcing
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No evidence available to assess KERING S.A on Fair Trade & Ethical Sourcing.
Honest & Fair Business
-40
Kering was fined €157.4 million ($182 million) by the European Commission in October 2025 for price-fixing, which breached competition law.
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The company's whistleblowing system, introduced in 2005 and updated in 2022 to meet French law requirements, is available to employees, external personnel, and suppliers, with a commitment to protecting whistleblowers and prohibiting retaliation.
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A 2020 campaign targeted over 1,500 direct suppliers with information on ethical principles.
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However, the program's effectiveness is not publicly measured. As of March 2, 2023, 55% of the Board of Directors were independent, excluding employee representatives.
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Kering has a Code of Ethics and Suppliers' Charter that prohibit corruption, fraud, money laundering, and conflicts of interest, translated into 14 languages and publicly available.
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Suppliers are subject to social and environmental audits by Kering's Supply Chain Audit Department, and regular external business ethics audits are conducted by DNV, an independent third party.
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However, the extent of independent verification of ethical claims is not fully specified.
Kind to Animals
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No evidence available to assess KERING S.A on Kind to Animals.
No War, No Weapons
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Kering, a luxury goods company, has no defense or arms-related activities in its core business, nor does it develop or sell dual-use products or engage in defense-related lobbying. The company adheres to the highest humanitarian procurement standards globally, requiring suppliers to comply with ethical and sustainability principles, including the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.
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Kering conducts annual human rights due diligence across all operations, including regular assessments of gross human rights risks in all countries where it sources materials, with results publicly available.
2
The company's corporate code enshrines a ban on any arms industry engagement, with suppliers required to comply with the Code of Ethics and Suppliers’ Charter, which prohibits contributions to a war/conflict-driven economy.
3
Kering is fully aligned with the UN Guiding Principles on Business and Human Rights, with performance metrics published.
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All materials are certified conflict-free with continuous verification.
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However, 4.8% of suppliers were deemed at risk in 2023 due to their location in countries considered high-risk.
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The company demonstrates 100% compliance with comprehensive ethical standards throughout its value chain, with a 98% completion rate for its annual Ethics & Compliance e-learning course in 2023.
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Planet-Friendly Business
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No evidence available to assess KERING S.A on Planet-Friendly Business.
Respect for Cultures & Communities
0
No evidence available to assess KERING S.A on Respect for Cultures & Communities.
Safe & Smart Tech
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No evidence available to assess KERING S.A on Safe & Smart Tech.
Zero Waste & Sustainable Products
-30
Kering uses 28% recycled content for petroleum-based nylon and polyester in products.
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The company promotes circular economy principles, with its subsidiary Gucci embedding these principles in product design and receiving an Ellen MacArthur Foundation Award for Circular Economy in 2023 for its Denim Project.
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Kering designs products for durability and provides care guidelines and repair services, with Gucci operating a global network of product care centers.
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Supplier chemical management systems are audited at least every couple of years.
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Kering has had no waste disposal violations in the past three years. The company has set company-wide waste reduction targets, including a goal to eliminate single-use plastics by 2025.
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Kering requires suppliers to implement waste sorting for recycling and provides clear information on product care and disposal to customers.
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