Capri Holdings recently shared new details about its efforts to give back to the social causes it believes in.
The fashion company that owns Michael Kors, Jimmy Choo and Versace shared its 2022 corporate social responsibility (CSR) report on Thursday. .
As part of the company’s 2022 Giving Back initiative, Capri’s Michael Kors brand reaches another milestone with its Watch Hunger Stop initiative with the United Nations World Food Programme, helping children in hungry communities around the world to date. donated over 30 million meals for
At Versace, the Italian luxury brand pledged $10 million to further its mission to promote, promote and support programs, projects and activities designed to generate awareness and support for the LGBTQIA+ community. Launched the Versace Foundation. According to Versace, the foundation will work with charities and community groups to help preserve LGBTQIA+ history and culture and help promote equality, health and safety.
Also at Jimmy Choo, the Foundation has helped 50 women, including women affected by war and conflict in Iraq, Rwanda and the Democratic Republic of the Congo, through Women International’s Stronger Women, Stronger Nationals program for women. Sponsored. Sponsored women were provided resources to learn about health, human rights, business skills, and support networks over a 12-month period.
Company-wide, Capri has donated over €1 million worth of clothing to help those displaced by the ongoing war in Ukraine. The company also contributed to the World Food Program’s emergency operations inside and outside Ukraine and made additional donations to the United Nations Crisis Relief Fund.
Additionally, Capri reaffirms its ongoing partnership with Delivering Good and recently entered into a partnership with Soles4Souls.
Looking at the company’s climate change impact, Capri said it has reduced its direct emissions by 38% compared to its 2019 pre-COVID baseline. This is due to increased investment in renewable energy through the purchase of RECs (Renewable Energy Certificates) to cover
In the same report, Capri also says 91% of the leather it sources comes from LWG Gold or Silver certified tanneries and is working to eliminate the use of plastic. For example, Jimmy Choo plans to phase out all plastic bags around its footwear from 2023 and replace them with tissue paper. The brand also uses other plastic packaging on its products, bamboo sheets and biodegradable shoe sticks.
Capri Holdings Chairman and CEO John D. Idol said in a statement that the company is “satisfied” with the progress it has made over the past year and looks forward to continuing to share its achievements. .
“Capri Holdings is a purpose-driven company,” said Idol. “Cultivating a more resilient environment, promoting diversity and inclusion, and giving back to those in need, Capri cares about the planet and its people. It is the driving force that propels us forward in pursuing our CSR goals more purposefully.”
Read the full report here.