Versace

Versace is owned by Capri Holdings.

Our “Planet” rating evaluates brands based on the environmental policies in their supply chains, from carbon emissions and wastewater to business models and product circularity. Here we rate Versace “It’s a Start”. These are a few factors influencing its score:

• It uses some lower-impact materials including recycled materials.
• It’s set a science based target to reduce greenhouse gas emissions in both its direct operations and supply chain but there’s no evidence it is on track.
• There’s no evidence it minimises textile waste in its supply chain.
• It’s published a biodiversity protection policy that applies to some of its supply chain.

Workers’ rights are central to our “People” rating, which assess brands’ policies and practices on everything from child labour to living wages and gender equality. Here we rate Versace “Not Good Enough”. These are a few factors influencing its score:

• Most of its final production stage happens in the European Union, a low/medium risk region for labour abuse.
• There’s no evidence it provides financial security to its suppliers, which can result in poor working conditions and wages.
• There’s no evidence it supports diversity and inclusion in its supply chain.
• Its Code of Conduct covers ILO Four Fundamental Freedoms principles.
• There’s no evidence it ensures workers are paid living wages in its supply chain.
• During the height of the COVID-19 pandemic, it did not disclose adequate policies or safeguards to protect workers in its supply chain from the virus.

Brands’ animal welfare policies and, where applicable, how well they trace their animal-derived products are the focus of our “Animals” rating. Here we rate Versace “Not Good Enough”. These are a few factors influencing its score:

• There’s no evidence it has an animal welfare policy.
• It appears to use leather and exotic animal hair.
• Responsible Down Standard certifies some of the down it uses.
• Responsible Wool Standard certifies some of the wool it uses.
• It doesn’t appear to use fur, angora, or exotic animal skin.
• It traces some animal-derived materials to the first production stage.

Based on all publicly available information we’ve reviewed, we rate Versace “Not Good Enough” overall.