FILA Holdings announced its inclusion in the FTSE4Good Index Series on Thursday, marking a significant milestone in its sustainability management.
The FTSE4Good Index, developed by global index provider FTSE Russell, evaluates companies on their environmental, social and corporate governance (ESG) practices, including health and safety, anticorruption and climate change efforts.
Out of approximately 8,000 companies assessed in over 300 categories, only 1,119 firms made the index in 2024. FILA Holdings is among 24 firms in the Retailers category, excelling in all evaluation areas and outperforming the industry average. Notably, it achieved top marks for supply chain management, reflecting its commitment to transparency and compliance with the FILA Group Code of Conduct, addressing human rights, safety and environmental risks.
FILA Holdings stands out as a leader in sustainability within the fashion industry. It was the first domestic fashion company to support the Task Force on Climate-Related Financial Disclosures, aligning its sustainability reporting with global standards such as the Sustainability Accounting Standards Board. Since 2021, it has been a member of the United Nations Global Compact, further demonstrating its dedication to corporate social responsibility.
The company's efforts have earned it a "Low Risk" rating from global ESG evaluation agency Sustainalytics, further validating its industry-leading sustainability initiatives.
"Our inclusion in the FTSE4Good Index is a significant step toward becoming a global model for sustainability management," a FILA Holdings official said.
"We remain committed to continuous innovation and investment in sustainability to create a better future with our stakeholders."