French luxury house Hermès recognized for its performance in 2024

French luxury design house Hermès has been recognized for its performance in terms of transparency, employment and sustainability in 2024.

The company has shared its recent distinctions and important advances in the evaluations of extra-financial rating agencies. These recognitions reflect the sustainable and responsible dimension of Hermès' artisanal model and its commitments to social and environmental responsibility and governance.

Hermès has been recognized for its transparency, labor practices and sustainability efforts in 2024. The company received the Grand Prize at the Transparency Awards for financial transparency and placed third for ethics and compliance. Hermès also excelled in S&P's ESG assessments and received multiple honors, including the Grand Prix Emploi France.

In July 2024, Hermès received the Grand Prize in all categories of the Transparency Awards, which recognizes the quality of financial information in regulated information publications.

In addition, Hermès was ranked among the top 3 companies of SBF 120 in the 2024 Ethics and Compliance Transparency Awards, in the 'Surveillance Plan' category. This recognition rewards an important collective effort to identify, analyze and synthesize critical issues such as human rights, fundamental freedoms, health and safety and the environment, all of which are integrated into the company's strategy, the company said in a statement. of press.

The group continued to advance its ESG assessment from Standard & Poor's (S&P) and continued to consolidate its position among the leading companies in the luxury goods and cosmetics sector in the MSCI, FTSE4Good and Sustainalytics assessments. In December, Hermès was rewarded by ESG rating company Humpact with: for the fourth time, the Grand Prix Emploi France, which designates Hermès as the most employment-friendly company in France in 2024; For the first time, the Employment of People with Disabilities Award, highlighting Hermès' initiatives to promote the employment, integration and retention of people with disabilities; and finally, following the publication of Harmonie's guidelines, certified by Bureau Veritas, on responsible construction and real estate for all its offices, shops and workshops, the first four sites have been certified under this ambitious internal seal.

Preserving its artisanal model, a source of sustainability, agility and innovation, the Hermès group is determined to continue its approach of greater transparency and continuous improvement in social and environmental responsibility.

Fiber2Fashion (RR) News Desk


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