The company has shared its recent distinctions and significant progress in the evaluations of extra-financial rating agencies. These recognitions reflect the sustainable and responsible dimension of Hermès’ craftsmanship model and its commitments with regard to social and environmental responsibility and governance.
Hermès has been recognised for its transparency, employment practices, and sustainability efforts in 2024.
The company received the Grand Prix at the Transparency Awards for financial transparency and ranked top 3 in ethics and compliance.
Hermès also excelled in S&P ESG assessments and was awarded multiple honours, including the Grand Prix Emploi France.
In July 2024, Hermès received the Grand Prix in all categories of the Transparency Awards, recognising the quality of financial information in regulated information publications.
Additionally, Hermès ranked in the top 3 of SBF 120 companies at the 2024 Transparency Awards Ethics & Compliance, in the ‘Vigilance Plan’ category. This recognition rewards a major collective effort to identify, analyse and synthesise critical issues such as human rights, fundamental freedoms, health and safety, and the environment, all of which are integrated into the house’s strategy, the company said in a press release.
The group continued its progress in its Standard & Poor’s (S&P) ESG assessment and continued to consolidate its position among the top companies in the Luxury Goods and Cosmetics sector in the MSCI, FTSE4Good and Sustainalytics assessments. In December, Hermès was rewarded by the ESG rating company Humpact with: For the fourth time, the Grand Prix Emploi France, designating Hermès as the most favourable company for employment in France in 2024; For the first time, the Prix emploi des personnes en situation de handicap, 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 building and real estate for all its offices, stores and workshops, the first four sites have been certified under this ambitious internal label.
While preserving its craftsmanship model, a source of sustainability, agility and innovation, the Hermès group is determined to continue its approach of enhanced transparency and continuous improvement in social and environmental responsibility.
Fibre2Fashion News Desk (RR)