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Courtesy of Inditex

4

Inditex

IDEXY

Spain

Mindful of consumers’growing desire to know their clothes were made under safe working conditions, Inditex, the retailer and parent of fast fashion chain Zara, has steadily shifted production to suppliers with stronger safety records. Last year, 95% of its products were made at those better factories, up from 80% in 2012 and well above industry averages. Acting ethically hasn’t hurt the company financially; Inditex has posted 7% annual sales growth since 2012. The company also conducts its own training on worker safety, with an emphasis on educating women—85% of its factory staff—about how to recognize gender discrimination and defend their rights and their value.

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Impact Segment

Human Rights/Social Justice

Sector

Retailing

Industry

Specialty Retailers

CEO

Pablo Isla

Employees

171,839

Company Type

Public

Revenues ($M) (Last Fiscal Year)

$28,887

Profits ($M) (Last Fiscal Year)

$3,840

Market Value ($M)

$98,934

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