Adidas, Kering among top 100 most sustainable firms
Corporates
French luxury goods group Kering and German sporting goods giant Adidas have been named among the most sustainable companies in the world in the Corporate Knights 2021 annual Global 100 ranking.
The index is considered a benchmark for corporate sustainability every year. It represents the top 1% in the world on sustainability performance, reports just-style.
The 2021 index saw more than 8,000 companies analysed against industry peers to determine the ranking.
Kering was placed seventh of 8,080 companies, with an overall score of 78.4%, and ranked highest for 'Environmental Performance', 'Clean Revenue' and 'Clean Investment' within its industry.
It was assessed against 24 quantitative key performance indicators (KPIs) covering resource management, employee management, financial management, clean revenue and investment and supplier performance.
It also scored 100% for best practices related to executive remuneration linked to driving sustainability performance.
Adidas ranked 55 of the 8,080 with an overall score of 59.6%.
The company recently committed to making more than 60% of its product range from sustainable materials in 2021.
A spokesperson for Adidas told just-style: "We value feedback from our stakeholders and are proud to be ranked among the global 100 most sustainable corporations. We consistently push to improve our sustainability efforts."
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