Question: How does the company assess the risks of modern slavery and trafficking in their supply chain?
Answer:
Conducting desk research including information from third parties/NGO's
14167167
Walk Free
MSA risk assessment
Gucci Limited
2021
Unverified - Added by Community
updated about 1 year ago by Manali Rana

Furthermore, as part of Gucci’s association with the Group’s Hercules project, we undertake continual monitoring and risk assessments of our supply chain and provide a supply chain analysis for our production processes. The Hercules project is a compliance management system created by Kering in 2015. Its purpose is to create best practices, monitor risk assessments, and provide supply chain analysis for the production processes of Kering’s Luxury activities. Gucci’s involvement in the project ensures a higher level of protection against corruption and helps extend the Group’s Code of Ethics and Sustainability Principles to its entire supply chain. (MSA Statement p.6)

Tingting Lu.....2022-12-10 08:47:22 UTC

Risk assessments of Gucci's supply chains and the compliance management system, the "Hercules project" help to identify and assess the risks of modern slavery in the company's supply chain.

Ruby Wong.....2022-12-10 13:20:38 UTC

Pg. 6

“In addition, at the onboarding stage and on a regular basis during the contractual relationship, Gucci assesses for each supplier for any possible reputational and criminal risks also in terms of Human Rights violations, through the available public sources and sanctioned lists.”

Manali Rana.....2023-02-02 18:01:47 UTC