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2018 Apparel & Footwear

Fast Retailing Co. Ltd. (TSE:9983)

Fast Retailing Co. Ltd. (Fast Retailing), the world's third-largest apparel retailer, ranks 19th out of 43 companies, disclosing more information on its forced labor policies and practices than its peers on all themes except Traceability & Risk Assessment and Recruitment. Compared to 2016, the company has improved its score by five points by disclosing more details on its supplier training, developing responsible procurement principles, and monitoring sewing and fabric partners. It improved some practices in relation to two of its nine brands, Uniqlo and GU. The company discloses the names and addresses of the "core partner factories" of both brands and established a hotline that suppliers' workers of the two brands can use to contact the company. Fast Retailing is the highest scoring of the companies based in Asia. Additional steps it could take include strengthening its disclosure and practices on the themes of Traceability & Risk Assessment, Recruitment, and Worker Voice and expanding its existing practices across its brands.

Quartiles

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20 of 43

43

OUT OF 100

2018

  • Commitment and Governance

    62

  • Traceability and Risk Assessment

    19

  • Purchasing Practices

    55

  • Recruitment

    6

  • Worker Voice

    29

  • Monitoring

    65

  • Remedy

    63