Acknowledgements
Engagement with unions, NGOs, governments and other civil society organisations is crucial to enabling the development of our sustainable business model all along the value chain. The acknowledgement received from some of those organisations for the work done in 2021 encourages us to continue advancing.
The Ethical Fashion Report by Baptist World Aid Australia flagged Inditex among the leading champions of supply chain sustainability and labour rights. That study analysed 420 brands of 98 companies, including the Group’s eight brands. All of them obtained a score of A.
Inditex was acknowledged by Bloomberg in its Gender Equality Index (GEI) 2022, for the third year in a row. That index scores firms’ commitment to gender equality across five key pillars: female leadership and talent pipeline; equal pay and gender pay parity; inclusive culture; sexual harassment policies; and pro-women brand. The list encompasses 418 corporations from 45 countries all around the world with a reach in 50 different sectors.
In 2021, CDP, for the fifth year running, awarded Inditex a score of A- for its climate change initiatives and leading disclosures and performance in this area.
The Global 100 Most Sustainable Corporations ranking, in which Inditex has been included for the fourth straight year, assesses the economic, environmental, social and governance indicators of more than 7,000 firms around the world, with Inditex placing 73rd on the overall list and, once again, second in its sector.
Inditex obtained a score of 75 out of 100 on the S&P Global Corporate Sustainability Assessment in 2021 (score date: 12 November 2021), ranking Inditex in the 98th percentile in the retail sector. On the environmental dimension Inditex scored 94 out of 100, placing it in the highest percentile (100%).
For the second time, the Financial Times' Diversity Leaders included Inditex on the list of European companies singled out by their employees in 2021 for full inclusion in the workplace. The Financial Times likewise included the Group on its annual list of Europe’s Climate Leaders 2021, which selects the 300 companies whose GHG emissions intensity has improved the most.
For several years, Inditex has featured in the Forbes Global 2000 ranking, which selects 2,000 global companies for their performance along four metrics: sales, utilities, assets and market value.
The FTSE4Good index gave Inditex a score of 4.9 out of 5 for the third year in a row. That benchmark sustainability index is made up of the global companies with the strongest commitment to sustainability based on an assessment of their environmental, social and governance (ESG) practices.
In 2021, for the tenth consecutive year, Inditex claimed the top spot in the ranking of Companies with the Best Reputation in Spain. It also achieved first place again in the Merco Responsibility and Corporate Governance ranking.
In 2021, Inditex was ranked 66 in Refinitiv’s Global Diversity & Inclusion Index, which identifies companies from all over the world that are ground-breakers in diversity and inclusion. This year the Group’s efforts to promote the values of diversity and inclusion were again recognised by Refinitiv, which included Inditex in its Top 100 Diversity and Inclusive Companies, based on the examination of policies and practices at more than 8,500 companies.
The Universum ranking identifies the 100 best companies to work for based on surveys of university students. In 2021, Inditex again featured among Spanish business students’ favourite companies.
The Global Benchmark Report 2021 analyses the gender equality and female empowerment practices of the 35 most influential retail companies. That study, which ranked Inditex sixth, is based on information disclosed by the companies themselves and focuses on their leadership and commitment with respect to SDG 5 (Gender Equality).
The consultancy firm's ranking, which selects the 50 most innovative companies in the world, included three retailers in 2021, with Inditex placing 41st. According to BCG, the Covid-19 pandemic has highlighted the importance of these companies' innovation commitments, readiness and excellence.
Inditex was awarded the Terra Carta seal, which flags global companies that are pushing for innovation and demonstrating their commitment to the creation of genuinely sustainable markets. Inditex is one of 45 companies worldwide recognized with this distinction. Terra Carta is a personal initiative created by His Royal Highness The Prince of Wales as part of his Sustainable Markets Initiative with the aim of speeding up transition to a sustainable economy.
