Inditex tops Dow Jones Sustainability Index for second year in a row
The Spanish fast fashion retailer continues capitalizing on its eco strategy and has been ranked first in the list, which also includes rival groups H&M and Gap Inc., two of the largest clothing distributors worldwide.
Inditex remains at the helm of sustainable practices for second year in a row. The Spanish group, owner of Zara, Bershka and Pull&Bear, has won once again the gold medal among several global retailers in this field, according to the Dow Jones Sustainability Index, which is developed in collaboration with Robecosam, a consultancy firm specialized in sustainability investments.
Among major apparel companies worldwide, the index also features H&M, second largest fashion distributor worldwide, as well as Gap, which occupies the fourth position in the global ranking by revenue after years of restructuring. Chilean department store Falabella, whose operations expand across many countries in Latin America, also appears on the list.
German sportswear behemoth Adidas leads the consumer goods’ category with the highest score. Here, Dow Jones also featured Canadian company Gildan Activewear, the American Apparel brand owner since 2017.
To elaborate the index, Dow Jones selects more than 300 groups whose sustainability strategies stand out from among the 2,500 largest companies in the world. This performance indicator has been carried out since 1999 and has become a benchmark for the business and financial community.
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