Advanced Sustainability
Clarks is a long-established British footwear brand founded in 1825, known for its global presence in the footwear industry. Clarks is based at 40 High Street, Street, BA16 0EQ, GB.
Clarks is a renowned British footwear brand known for its focus on comfort, quality, and versatility in providing footwear for consumers of all ages. The brand offers a wide range of styles, combining fashion trends with affordability.
This means Clarks are just average compared to other companies in the Apparel, Accessories & Footwear.
Clarks positioning within the Apparel, Accessories & Footwear
The apparel, accessories, and footwear industry faces significant sustainability challenges, including environmental issues like excessive water usage, chemical pollution, and waste generation, as well as social concerns related to labor rights violations and unethical sourcing. Fast fashion and overproduction exacerbate these problems. However, many companies are adopting sustainability initiatives, such as responsible material sourcing, eco-friendly production, waste reduction, and ethical labor practices, to address these challenges and promote more sustainable and ethical practices in the industry.
Clarks' unique selling point is its combination of comfort, quality, and versatility in footwear. Clarks has built a strong reputation for providing shoes that prioritize comfort through cushioning and supportive technology, ensuring that customers can wear their products comfortably throughout the day. Quality craftsmanship and materials contribute to the durability of their footwear, further enhancing its value for consumers.
In recent years, Clarks has been making efforts to incorporate sustainability into its business practices and products.
Here are some key aspects of Clarks' sustainability initiatives:
Clarks shoes are made to last with durable, quality materials to minimize waste. Clarks also utilizes revolutionary waste-reducing shoe construction for certain shoe collections, like the glueless Origin. Clarks is researching sustainable alternatives to virgin materials, including bio-based and recycled content, and investing in shoe recycling and resale projects to close the loop and benefit communities.
Clarks has an environmental rating score of 3.3, focusing in the following areas:
Clarks is performing moderately in the environment category. In many areas, Clarks is performing well, such as material sourcing, waste hazards, and waste management. However, its environmental score is being dragged down by a low score in greenhouse gas emissions.
Clarks has an overall social score of 4.1, which can be broken down into various components, reflecting the company's performance in relation to social challenges:
Clarks' social rating is good but could still improve. In all social areas: data privacy, diversity and inclusion, and supplier engagement, but could slightly improve in employee training and products and services.
Clarks has an overall governance score of 2.8, which encompasses various aspects of its corporate governance practices and structures:
The governance rating for Clarks is moderate, as Clarks has great business transparency and corporate compliance scores but is let down by its resilience to volatile economic markets.
To surmise, Clarks has made sustainability a core part of their business by focusing on minimizing their environmental impact during the manufacturing process for their products and attempting to create a circular economy through recycling and resale projects. However, there is still room for improvement in all areas of ESG.
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