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Powerbroker for

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  • Overall approach
    5/10
    • Overarching commitment on deforestation
      3/4
      Overall commitment
      Zero deforestation/Deforestation-free commitment or, for timber, pulp & paper companies only, commitment to well implemented harvest and no deforestation of HCV & HCS areas
      3/4
      "We know collaboration here is critical, and we are working alongside other signatories of The Fashion Pact by supporting the development of resources to drive collective action towards zero deforestation and sustainable forest management by 2025. As part of this commitment, we are focused on the commodities we use that pose the highest risk, including leather and paper." [...] " The Fashion Pact says "Fashion Pact signatories are committing to zero deforestation and the protection and sustainable management of natural forests by 2025"
    • Signatory to an initiative tackling deforestation
      1/1
      Signatory
      Yes
      1/1
      Which initiatives?: UN Global Compact

      If Other Initiative, specify: "we have partnered with industry groups and sustainability leaders including BSR’s Responsible Luxury Initiative, the Leather Working Group"
      ". In keeping with the scope of our commitment, on April 22, 2020, the 50th anniversary of Earth Day, Capri Holdings became a signatory to the UN Global Compact."
    • Awareness of the value of forests
      1/1
      Awareness
      Yes
      1/1
      "We are committed to preserving and restoring biodiversity, paying particular attention to avoiding deforestation and forest degradation associated with the leather and packaging supply chains. Minimizing our impact on natural resources not only helps to protect vital ecosystems, but also supports our fight against climate change and efforts to reduce our Scope 3 GHG emissions."
    • Deforestation as a business risk
      0/1
    • High-level management of deforestion
      0/1
    • Executive compensation linked to deforestation
    • Target to reduce emissions from land-use change
      0/1
    • Reporting on emissions from land-use change
      0/1
    • Disclosure of conservation activity
    • Disclosure of reforestation activity
    • Target to reduce emissions in scope 1/2
      Reduce emissions
      Yes
      0/0
      Type of climate target: Other or unclear

      Is this target aligned with/verified by SBTi?: Yes

      What is the target date for the company to achieve their climate target?: 2025
      "As announced in our 2020 CSR report, our goal is to be 100% carbon neutral across our direct operations by 2025. By improving our operational efficiency and increasing our use of, and investment in, renewable energy, we are making steady progress toward our goal. Our Fiscal Year 2021 Scope 1 and Scope 2 GHG emissions were 26% lower than our 2019 baseline emissions.* "
  • Commodity score
    19/90
    • Leather
      22/90
      • Commitment Strength
        11/17
        • Commodity-specific deforestation commitment
          1/4
          • Commitment applies to all regions, suppliers and operation
            No
            0/2
            Commitment applies to all regions, suppliers and operation
            No
            0/2
            What subsidiaries are explicitly excluded?: 5%

            What is the rationale for any exclusions?: Not clear

            If no, what is excluded?: Location
            Focuses on specific countries: "We are engaging with our suppliers to avoid sourcing hides from countries with a high risk of deforestation and we support the work of industry groups including the Leather Working Group (LWG), Leather Impact Accelerator (LIA) and the Responsible Luxury Initiative (ReLI) to develop more robust verification schemes to ensure leather is deforestation- and conversion-free. ""
          • Target date
            2025
            0.8/1
            Target date
            2025
            0.8/1
            What actions or steps are identified for time-bound implementation?: Source from Leather Working Group certified tanneries
            "In prioritizing our responsible sourcing initiatives, we are focused on leather – a key material used in our two largest product categories, accessories and footwear. We are committed to sourcing at least 95% of the leather used in our brands’ products from Leather Working Group Gold- or Silver-certified tanneries, or from tanneries achieving comparable certification, by 2025. 85% of our FY 21 leather was sourced from LWG Gold- and Silver-certified tanneries. To learn more on our approach to sourcing better leather, see pages 15 and 20 in the report."
          • Interim target date
            No
            0/0.5
        • Commitment to a traceable supply chain
          7/7.5
          • Commitment details
            Downstream company, traces to Processing Facility, checks compliance
            4/4
            Commitment to a traceable supply chain
            Downstream company, traces to Processing Facility, checks compliance
            4/4
            Do they have a traceability commitment which goes back to the birth farm?: No

            When was this commitment set?: 2021
            "Traceability is a critical first step toward environmental and social responsibility, and we are dedicated to driving transparency and responsible business practices throughout our value chain. Our Goals 95% traceability of fabric, trim and hardware suppliers and processing units by 2025, and of raw material suppliers by 2030"
          • Commitment applies to all regions, suppliers and operation
            Yes
            2/2
            Commitment applies to all regions, suppliers and operation
            Yes
            2/2
            "Traceability is a critical first step toward environmental and social responsibility, and we are dedicated to driving transparency and responsible business practices throughout our value chain. Our Goals 95% traceability of fabric, trim and hardware suppliers and processing units by 2025, and of raw material suppliers by 2030"
          • Target date
            2028-2030
            0.1/1
            Target date
            2028-2030
            0.1/1
            What actions or steps are identified for time-bound implementation?: NA
            "Traceability is a critical first step toward environmental and social responsibility, and we are dedicated to driving transparency and responsible business practices throughout our value chain. Our Goals 95% traceability of fabric, trim and hardware suppliers and processing units by 2025, and of raw material suppliers by 2030"
          • Interim target date
            Yes
            0.5/0.5
            Interim target date
            Yes
            0.5/0.5
            What date is given for the interim milestone?: 2025
            "Traceability is a critical first step toward environmental and social responsibility, and we are dedicated to driving transparency and responsible business practices throughout our value chain. Our Goals 95% traceability of fabric, trim and hardware suppliers and processing units by 2025, and of raw material suppliers by 2030"
      • Associated Human Rights Abuses
        4/17
        • Labour rights in the supply chain
          Yes
          3/3
          Labour rights in the supply chain
          Yes
          3/3
          How far back in the supply chain does this commitment apply?: Tier 1

          Details of commitment: Discrimination; Forced labour; Child labour; Freedom of association
          "Our business partners must not use child labor, defined as school-age children [...] Freedom of Association: Our business partners should respect the legal rights of employees to freely and without harassment participate in worker organizations of their choice [...] Our business partners shall not use any form of slave, forced, bonded, indentured, or prison labor in any stage of the manufacture of our products [...] Our business partners will not practice nor do business with business partners who practice any form of improper discrimination in hiring and employment, including on the basis of age, race, color, gender, religion, sexual orientation, ethnicity or national origin."
        • Inclusion of small-scale farmers
          No
          0/2
        • Gender equality in the supply chain
          Commitment to address gender related labour rights including discrimination and harassment
          1/2
          Gender equality in the supply chain
          Commitment to address gender related labour rights including discrimination and harassment
          0.5/2
          "DISCRIMINATION. Our business partners will not practice nor do business with business partners who practice any form of improper discrimination in hiring and employment, including on the basis of age, race, color, gender, religion, sexual orientation, ethnicity or national origin."
        • Commitment to remediation
          No
          0/1
        • Commitment to test Free, Prior and Informed Consent
          No
          0/3
        • Commitment to respect customary rights to land, resources, and territory
          No
          0/3
        • Zero-tolerance approach to violence and threats
          No
          0/3
      • Implementation and Reporting
        7/56
        • Reporting proportion of compliant volumes
          0/0
        • Reporting is independently verified
          No
          0/2
        • Suppliers aligned with deforestation commitments across supply chain
          No
          0/3
        • Deforestation cut off date
          Yes, for all sourcing regions/operations
          2/2
          Deforestation cut off date
          Yes, for all sourcing regions/operations
          2/2
          What cut-off date is specified?: 2019
          "Aligned to the Accountability Framework’s definitions of high conservation value (HCV) and High Carbon Stock (HCS) forests and natural ecosystems with a cut-off date of Dec 31 2019"
        • Collaborative actions
          Yes
          2/2
          Collaborative actions
          Yes
          2/2
          What is the nature of that participation?: Attending & contributing to meetings

          What initiatives does the company participate in?: The Fashion Pact
          "We know collaboration here is critical, and we are working alongside other signatories of The Fashion Pact by supporting the development of resources to drive collective action towards zero deforestation and sustainable forest management by 2025"
        • Jurisdictional approach focused on sustainable land use
          No
          0/2
        • Risk assessments for forest risk
          No
          0/2
        • Operations assessed to comply with law
          No
          0/2
        • Accessible grievance mechanism
          Yes, publicly accessible grievance mechanism
          2/4
          Accessible grievance mechanism
          Yes, publicly accessible grievance mechanism
          2/4
          Which issues does the grievance mechanism cover?: Social; Environmental

          What is the nature of the grievance mechanism used by the company?: Own mechanism
          'Whistleblower Policy' deals with complaints from employees or third parties - can be used to report misconduct including "Actions that endanger health or safety, or might cause environmental damage" and "Violations of the Company’s Code of Business Conduct and Ethics." The policy document includes a list of hotline numbers for different countries which can be used to report misconduct."
        • Report volumes of commodity sourced/used
          No reporting
          0/3
        • Monitor compliance for labour rights and FPIC
          No
          0/5
        • Monitor compliance for zero tolerance approach and customary rights
          No
          0/5
        • Downstream: Reporting suppliers
          No
          0/4
        • Downstream: Monitor compliance in supply chain
          No
          0/4
        • Downstream: Reporting hectares of deforestation
          No
          0/4
        • Downstream: Engagement with non-compliant suppliers
          No engagement or exclusion
          0/2
          Downstream: Engagement with non-compliant suppliers
          No engagement or exclusion
          0/2
          Does the company work with the non-compliant supplier to develop an implementation plan to remedy associated harms or non-compliance?: No

          Does the company engage non-compliant indirect suppliers in order to address and remedy non-compliance?: No

          Does the company commit to engage with rightsholders, Indigenous peoples and local communities when developing the implementation plan?: No
        • Downstream: Disclosure of non-compliant suppliers
          No disclosure
          0/2
          Downstream: Disclosure of non-compliant suppliers
          No disclosure
          0/2
          Does the company have a list of blacklisted or otherwise excluded suppliers or producers?: No
    • Pulp & Paper
      15/90
      • Commitment Strength
        7/17
        • Commodity-specific deforestation commitment
          3/4
          • Commitment applies to all regions, suppliers and operation
            Yes
            2/2
            Commitment applies to all regions, suppliers and operation
            Yes
            2/2
            What is the rationale for any exclusions?: NA
            "We know collaboration here is critical, and we are working alongside other signatories of The Fashion Pact by supporting the development of resources to drive collective action towards zero deforestation and sustainable forest management by 2025. As part of this commitment, we are focused on the commodities we use that pose the highest risk, including leather and paper." [...] We know collaboration here is critical, and we are working alongside other signatories of The Fashion Pact by supporting the development of resources to drive collective action towards zero deforestation and sustainable forest management by 2025. As part of this commitment, we are focused on the commodities we use that pose the highest risk, including leather and paper. We continue to increase our procurement of recycled paper and paper certified from sustainably managed forests" [...] "100% recyclable or sustainably sourced point-of-sale (POS) packaging by 2025 100% recyclable, compostable, recycled or reusable plastic in our packaging by 2025. In Fiscal Year 2021, 100% of the Versace, Jimmy Choo and Michael Kors retail store shopping bags and boxes* that we sourced were created from materials certified by the Forest Stewardship Council (FSC). FSC certification ensures that products come from responsibly managed forests that provide environmental, social and economic benefits."
          • Target date
            2025
            0.8/1
            Target date
            2025
            0.8/1
            What actions or steps are identified for time-bound implementation?: NA
            "We know collaboration here is critical, and we are working alongside other signatories of The Fashion Pact by supporting the development of resources to drive collective action towards zero deforestation and sustainable forest management by 2025. As part of this commitment, we are focused on the commodities we use that pose the highest risk, including leather and paper." [...] We know collaboration here is critical, and we are working alongside other signatories of The Fashion Pact by supporting the development of resources to drive collective action towards zero deforestation and sustainable forest management by 2025. As part of this commitment, we are focused on the commodities we use that pose the highest risk, including leather and paper. We continue to increase our procurement of recycled paper and paper certified from sustainably managed forests" [...] "100% recyclable or sustainably sourced point-of-sale (POS) packaging by 2025 100% recyclable, compostable, recycled or reusable plastic in our packaging by 2025. In Fiscal Year 2021, 100% of the Versace, Jimmy Choo and Michael Kors retail store shopping bags and boxes* that we sourced were created from materials certified by the Forest Stewardship Council (FSC). FSC certification ensures that products come from responsibly managed forests that provide environmental, social and economic benefits."
          • Interim target date
            No
            0/0.5
        • Commitment to a traceable supply chain
          0/7.5
          • Commitment details
            No traceability commitment
            0/4
          • Commitment applies to all regions, suppliers and operation
            No
            0/2
          • Target date
            Post 2050 or no target date
            0/1
          • Interim target date
            No
            0/0.5
      • Associated Human Rights Abuses
        4/17
        • Labour rights in the supply chain
          Yes
          3/3
          Labour rights in the supply chain
          Yes
          3/3
          How far back in the supply chain does this commitment apply?: NA

          Details of commitment: Discrimination; Forced labour; Child labour; Freedom of association
          "Our business partners must not use child labor, defined as school-age children [...] Freedom of Association: Our business partners should respect the legal rights of employees to freely and without harassment participate in worker organizations of their choice [...] Our business partners shall not use any form of slave, forced, bonded, indentured, or prison labor in any stage of the manufacture of our products [...] Our business partners will not practice nor do business with business partners who practice any form of improper discrimination in hiring and employment, including on the basis of age, race, color, gender, religion, sexual orientation, ethnicity or national origin."
        • Inclusion of small-scale farmers
          No
          0/2
        • Gender equality in the supply chain
          Commitment to address gender related labour rights including discrimination and harassment
          1/2
          Gender equality in the supply chain
          Commitment to address gender related labour rights including discrimination and harassment
          0.5/2
          ""DISCRIMINATION. Our business partners will not practice nor do business with business partners who practice any form of improper discrimination in hiring and employment, including on the basis of age, race, color, gender, religion, sexual orientation, ethnicity or national origin."
        • Commitment to remediation
          No
          0/1
        • Commitment to test Free, Prior and Informed Consent
          No
          0/3
        • Commitment to respect customary rights to land, resources, and territory
          No
          0/3
        • Zero-tolerance approach to violence and threats
          No
          0/3
      • Implementation and Reporting
        5/56
        • Reporting proportion of compliant volumes
          0/0
        • Reporting is independently verified
          Yes, using a third-party verification scheme or certification scheme
          2/2
          Reporting is independently verified
          Yes, using a third-party verification scheme or certification scheme
          2/2
        • Suppliers aligned with deforestation commitments across supply chain
          No
          0/3
        • Deforestation cut off date
          No
          0/2
        • Collaborative actions
          No
          0/2
        • Jurisdictional approach focused on sustainable land use
          No
          0/2
        • Risk assessments for forest risk
          No
          0/2
        • Operations assessed to comply with law
          No
          0/2
        • Accessible grievance mechanism
          Yes, publicly accessible grievance mechanism
          2/4
          Accessible grievance mechanism
          Yes, publicly accessible grievance mechanism
          2/4
          Which issues does the grievance mechanism cover?: Social; Environmental

          What is the nature of the grievance mechanism used by the company?: Own mechanism
          'Whistleblower Policy' deals with complaints from employees or third parties - can be used to report misconduct including "Actions that endanger health or safety, or might cause environmental damage" and "Violations of the Company’s Code of Business Conduct and Ethics." The policy document includes a list of hotline numbers for different countries which can be used to report misconduct."
        • Report volumes of commodity sourced/used
          No reporting
          0/3
        • Monitor compliance for labour rights and FPIC
          No
          0/5
        • Monitor compliance for zero tolerance approach and customary rights
          No
          0/5
        • Downstream: Reporting suppliers
          No
          0/4
        • Downstream: Monitor compliance in supply chain
          No
          0/4
        • Downstream: Reporting hectares of deforestation
          No
          0/4
        • Downstream: Engagement with non-compliant suppliers
          No engagement or exclusion
          0/2
          Downstream: Engagement with non-compliant suppliers
          No engagement or exclusion
          0/2
          Does the company commit to engage with rightsholders, Indigenous peoples and local communities when developing the implementation plan?: No

          Does the company engage non-compliant indirect suppliers in order to address and remedy non-compliance?: No

          Does the company work with the non-compliant supplier to develop an implementation plan to remedy associated harms or non-compliance?: No
        • Downstream: Disclosure of non-compliant suppliers
          No disclosure
          0/2
          Downstream: Disclosure of non-compliant suppliers
          No disclosure
          0/2
          Does the company have a list of blacklisted or otherwise excluded suppliers or producers?: No
  • Commitment strength
    9/17
    Avg. score
  • Implementation and Reporting
    6/56
    Avg. score
  • Associated Human Rights Abuses
    4/17
    Avg. score

Profile

Capri Holdings Limited is a fashion company, selling apparel, footwear and accessories. Brands operating under this parent company include Jimmy Choo, Michael Kors and Versace. Capri Holdings Ltd is selected as a powerbroker for leather and paper packaging.

Sector
Industry sector 
Apparel Accessories & Luxury Goods, Paper Packaging
Segments
Manufacturer
HQ
HQ 
United States
Company Type
Company type 
CO
Collective Commitments
Consumer Goods Forum member
New York Declaration on Forests signatory

Top Brands

Versace, Jimmy Choo, Michael Kors

How we assess the Forest 500

To ensure deforestation free supply chains, companies need to adopt and implement timebound and measurable policies for forest risk commodities.

All assessments use policies published on company websites, some links may have changed or been removed since the time of assessment.

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.