Nike Inc and LVMH are among the companies best positioned to benefit from the coming disruption of ESG in the fashion and accessories industry, new analysis shows.
The rating comes from GlobalData’s Thematic Research ecosystem, which ranks companies on a scale of one to five based on their likelihood to address challenges such as ESG and emerge as long-term winners of the fashion and accessories sector.
The table below shows how GlobalData analysts scored the largest companies in the fashion and accessories industry for their ESG performance, as well as the number of new ESG jobs, deals and patents by the companies as of August 2021.
The last column in the table represents the overall score given to that company when it comes to its current ESG position relative to its peers. A score of five indicates that a company is a dominant player in this space, while companies scoring less than three are vulnerable to being left behind. These can be read quite directly.
Other data points in the table are more nuanced, showing recent ESG investments in a variety of areas over the past year. These metrics, where available, give an indication of whether ESG is at the forefront of executives’ minds right now, but high numbers in these areas are as likely to represent desperate attempts to catch up as genuine strength in ESG.
For example, a large number of deals may indicate either that a company is dominating the market, or that it is using mergers and acquisitions to fill gaps in its offering.
This article is based on GlobalData search figures as of August 26, 2022. For more updated figures, check the GlobalData website.
