In the 'Textiles, Apparel & Luxury Goods Industry', Adidas was rated the best industry in nine criterion including brand management, customer relationship management, impact measurement and valuation, materiality, risk and crisis management, supply chain management, environmental policy and management systems, corporate citizenship and philanthropy and human rights.
The results of the annual DJSI review were announced by RobecoSAM, a global investment group focused exclusively on sustainability investing, in collaboration with S&P Dow Jones Indices. DJSI is the longest-running global sustainability benchmark, a key reference point in sustainability investing for investors and an effective engagement platform for companies which want to adopt sustainable best practices. The annual review of the companies included in the DJSI is based on a thorough analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, climate change mitigation, supply chain standards, labour practices, branding and customer relationship management.
Adidas integrates sustainability into its business model, by taking sustainability to the product level. As part of its partnership with Parley For The Oceans – launched in 2015 - Adidas has committed to create one million pairs of shoes made from Parley Ocean Plastic in 2017. As part of its sustainability strategy – launched in 2016 – the company translates its sustainable efforts into tangible goals and measurable objectives until 2020. Among its key priorities, few are using more sustainable materials in its production, tackling the ever-growing issue of water scarcity and empowerment of its supply chain workers. (RR)
Fibre2Fashion News Desk – India
| On 14th Apr 2021
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