Environmental and Social Responsibility of Suppliers

Environmental and Social Responsibility of Suppliers

Faithful to its ethical approach, FENDI is strongly committed to carefully monitoring its suppliers to identify potential risks along the supply chain.

 

Suppliers Code Of Conduct

 

At FENDI, the goal is to be surrounded by suppliers that share its ethical and moral values.

Before entering into any collaboration, FENDI holds its suppliers to the highest standards by requesting their endorsement of its Suppliers Code of Conduct: a formal document outlining the company’s principles and values, which ought to be respected by all its suppliers. 

Click here to read more about the Suppliers Code of Conduct.

 

Audit

 

Along with its Suppliers Code of Conduct, FENDI has also developed an additional security measure: the Monitoring Program. This initiative reinforces its commitment to upholding exemplary social and environmental standards across the supply chain. Under the guidance trusted third-party auditors, FENDI conducts rigorous on-field audits that serve as a proactive measure to ensure that its suppliers adhere to FENDI’s stringent policies and practices.

The Monitoring Program enables us to foster stronger collaborations with suppliers that demonstrate a strong commitment to sustainable development. At the same time, it empowers FENDI to identify areas for improvement and address any significant issue that may arise.

Click here to read more about FENDI’s auditing program.
 

FENDI’s RESULTS
1759

Social and environmental audit within the LVMH audit plan on FENDI suppliers in the 2 years plan 2023-24.

FENDI’s RESULTS
84 %

of FENDI production in 2024 from audited suppliers in the 2-year plan 2023-24

2024 Audit Result

 

In 2024, 663 audits were performed by FENDI.

Social

  • Satisfactory 18%
  • Need improvement 66%
  • Need major improvement 11%
  • Unacceptable 5%

Environmental

  • Satisfactory 58%
  • Need improvement 36%
  • Need major improvement 5%
  • Unacceptable 1%

Transparency

  • Satisfactory 100%
  • Need improvement 0%
  • Need major improvement 0%
  • Unacceptable 0%

Collaborativeness

  • Satisfactory 99%
  • Need improvement 0%
  • Need major improvement 0%
  • Unacceptable 1%

Click here to download FENDI Sustainability Report