Revealed: fashion companies leading ESG
Nike Inc and LVMH are among the companies best positioned to capitalize on future ESG disruptions in the fashion and accessories industry, new analysis shows.
This rating is from GlobalData’s Thematic Research ecosystem. The ecosystem ranks companies on a scale of 1 to 5 based on their potential to address issues such as ESG and emerge as long-term winners in the fashion and accessories sector.
The table below shows how GlobalData analysts scored the largest companies in the fashion and accessories industry on ESG performance, as well as the number of new ESG jobs, deals, and patents for companies since August 2021. indicates whether
The last column of the table represents the overall score given to the company regarding its current ESG position relative to its peers. A score of 5 indicates a dominant player in the space, while a score of less than 3 indicates that the company is likely to be left behind. These are fairly easy to read.
Other data points in the table are more nuanced, showing recent ESG investments across different areas over the past year. These metrics, when available, provide an indication of whether ESG is a top management priority, but high numbers in these areas are a real strength of ESG, as well as an opportunity to catch up. It may represent a desperate attempt to
For example, a large number of deals may indicate that a company is dominating the market or using mergers and acquisitions to fill gaps in the services it offers.
This article is based on GlobalData research figures as of August 26, 2022. Check the GlobalData website for the latest numbers.