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stakeholder relations

We maintain a relationship of transparency and dialogue with our stakeholders which allows us to create sustainable value, and constitutes a fundamental tool for facing the challenges and opportunities that arise in the course of our activities.

We follow global and specific policies that guide our relations with our stakeholders. The Board of Directors has approved policies concerning human rights and corporate social responsibility, among others. We also follow a Code of Conduct and Responsible Practices and a Code of Conduct for Manufacturers and Suppliers, all of which bring together the values and principles that guide our activities and ensure accountability for our supply chain.

Inditex regularly identifies and reviews its stakeholders. Once identified, these stakeholders are classified and prioritized according to our own business model.

Based on this prioritization, for each set of stakeholders we develop a relation strategy and set of dialogue tools, which are constantly under review. The partnerships created with our stakeholders allow us to progress our compliance with the SDGs, which identify >Partnerships for the Goals as Goal 17.

Inditex also has at its disposal a Social Advisory Board that advises the Group on sustainability issues. Advisory Board’s members are external individuals or institutions independent from the Group. The Social Advisory Board has a key role in Inditex’s relations with stakeholders, as the Advisory Board is responsible for formalizing and institutionalizing dialogue with key players across communities in which we operate.

MAIN TOOLS FOR DIALOGUE WITH STAKEHOLDERS

STAKEHOLDERS TOOLS FOR DIALOGUE FREQUENCY GOALS MAIN COMMITMENT EXAMPLES OF STAKEHOLDERS
  • Ethics Committee
On request
  • Motivate human resource
  • Strengthen commitment to the Code of Conduct and Responsible Practices
  • Respect for human and labour rights
  • Fair and decent treatment
  • Store staff
  • Office staff
  • Logistics staff
  • Trade union
  • Agreement with UNI Global Union
Constant
  • Training and internal promotion
Constant
  • Internal communications
Constant
  • Volunteer programmes
Constant
  • Specialized customer service teams
Constant
  • Rapid response to customer demands
  • Customer services segmented by country and service to achieve a more personalized care
  • Integration into the entire business model
  • Brick-and-mortar store customers
  • Online store customers
  • Potential customers
  • Brick-and-mortar and online stores
Constant
  • Social networks
Constant
  • Product Quality, Health and Safety teams
Constant
  • Supplier clusters
Constant
  • Ensure compliance with the Code of Conduct for Manufacturers and Suppliers
  • Promotion and protection of Human Rights, fundamental labour rights and international standards
  • Direct suppliers
  • Manufacturers
  • Workers
  • Trade union
  • Ethics Committee
On request
  • Commercial and sustainability teams
Constant
  • Framework Agreement with IndustriALL
Constant
  • Social Advisory Board
Biannual
  • Achieve maximum scope and impact of the programmes developed
  • Contribution to social and economic development
  • NGOs
  • Government and public administration
  • Academic institutions
  • Civil society
  • Media
  • Cooperation with NGOs
Constant
  • Sponsorship and Patronage Committee
Constant
  • General Shareholders’ Meeting
Annual
  • Consolidate position on sustainability indexes
  • Corporate transparency
  • Social interests and the shared interests of all shareholders
  • Institutional investors
  • Private investors
  • Sustainability indexes
Annual
  • Investors relations
Constant
  • Social Advisory Board
Biannual
  • Apply the Strategic Environmental Plan
  • Respect for the environment
  • Protecting biodiversity
  • Sustainable management of natural resources
  • Environmental protection organizations
  • Governments
  • Commitment to NGOs
Constant