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Executive chairman Pablo Isla introduced a range of new targets and highlighted ongoing improvements in sales trends at the fast-fashion retailer’s AGM Tuesday.
Inditex's stocks fell by 12% over the year. [35] In May 2021, Inditex said that all its stores in Venezuela would close as it will review its agreement with its local partner Phoenix World Trade. [36] In the three months to 30 April 2023, the group reported a 13% increase in sales to £6.54 billion and a 14% rise in profit to £3.96 billion ...
In their 2021 sustainability report, they outline steps to reducing water usage in jeans by 99%, reducing single-use plastic and educating cotton farmers agricultural chemicals. [19] In 2020, Uniqlo's in Japan increased their use of LED lights leading to a 38.7% decrease of greenhouse gas emissions. [ 19 ]
The index excludes companies due to their involvement in tobacco production, weapons, or coal power industry and rates companies for inclusion based environmental sustainability, relationships with stakeholders, attitudes to human rights, supply chain labour standards and the countering of bribery.
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Apple, Boeing, IBM, Inditex, PepsiCo and more have joined the MIT Climate and Sustainability Consortium that launched on Thursday. The 13 member companies, referred to as the “heart of global ...
The outcome of this consultation is the European Commission's proposal on 21 April 2021 to revise the NFRD by introducing the Corporate Sustainability Reporting Directive (CSRD). [ 36 ] New EU legislation came into force in December 2023 to introduce changes to the monetary criteria by which company and group sizes are defined in the EU to ...
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