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Hermes International

Hermes International is a luxury goods manufacturer. Founded in 1837 in Paris, France, it is a family-run business which operates under an integrated model, controlling all steps from production to distribution. It operates in 50 countries and sells its products in 306 exclusive stores worldwide. It reported nearly 20,000 employees and EUR 11.6 billion in revenues in 2022.

Summary

Hermes International ranks 41st overall and 18th in the Apparel sector. It has improved its sector ranking by 19 places since 2019.

In the last five years, Hermes has significantly improved its disclosure on how it embeds its human rights policy commitments in its business structures and operations. The company discloses that it has assigned senior level responsibility for human rights and trained relevant managers on human rights issues. It also discloses information about how it mitigates human rights risks and monitors the effectiveness of the actions taken.

The company has an opportunity to improve on topics related to board level accountability, including disclosing how it assigns responsibility for human rights, whether it has board level incentives for human rights performance, and how it reviews its business model and strategy for human rights risks. It also has an opportunity to disclose how it identifies and engages with rightsholders on human rights issues.

Ranking position: #41 /110
Total score: 24.1 /100

Measurement theme	Score	Rank (0-110)
Governance and policy commitments	#1 2.3 /10	#48
Embedding respect and human rights due diligence	#1 6.8 /25	#43
Remedies and grievance mechanisms	#1 5.0 /20	#39
Performance: Practices	#1 5.2 /25	#46
Performance: Responses	#1 4.8 /20	#26

Sector
Apparel	#18

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2020

This company is part of the SDG2000, the 2,000 most influential companies

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