Foschini Group
Clothing retail
Founded in South Africa over 90 years ago, today Foschini operates 22 retail brands in over 3000 locations. Made its first major Australian acquisition in 2017, buying Retail Apparel Group for $302 million.

Overall

Owned ZAF
Rating F
About the Ratings
The Foschini Group Ltd
ZAF

Company Assessment

(Last updated Aug 2024)
The Foschini Group Ltd
Praise
CDP Climate Change score of B-
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of B-.
Source: CDP (2023)
Criticism
8/100 in What Fuels Fashion?
What Fuels Fashion? is a single-issue, special edition of the Fashion Transparency Index. The 2024 report ranked 250 of the world's largest fashion brands and retailers according to their level of disclosure on climate and energy-related data in their own operations and supply chains. Brands owned by this company scored 8%. The average score was 18% and the highest score was 75%.
1/100 in KnowTheChain Benchmark
In 2023 KnowTheChain benchmarked 65 apparel and footwear companies on their efforts to identify and tackle forced labour risks in their supply chains. This company received a score of 1/100. The average score was 21/100 and the highest score was 63/100.
4.6% in Human Rights Benchmark
The 2023 Corporate Human Rights Benchmark assessed 55 companies in the apparel sector on their human rights performance. This company received a score of 4.6%. The overall average score was a disappointing 18.2% and the highest score was 53.4%.
15.6% in Gender Benchmark
The 2023 Gender Benchmark ranks 112 companies from the apparel and food and agriculture sectors on their efforts to drive gender equality and women's empowerment across their entire value chain. Companies are assessed on governance and strategy, representation, compensation and benefits, health and well-being, violence and harassment, and marketplace and community. This company ranked #82/112, with a total score of 15.6%. The average score was 23% and the highest score was 55%.
4.5/20 in Social Benchmark
The 2024 Social Benchmark assesses the world's 2,000 most influential companies on their responsibility in meeting society's fundamental expectations towards three measurement areas: respecting human rights, providing decent work, and acting ethically. This company was assessed in 2022 and received a score of 4.5/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
18/100 in Fashion Transparency Index
The 2023 Fashion Transparency Index reviewed 250 of the world's largest fashion brands and retailers and ranked them according to how much they disclose about their human rights and environmental policies, practices and impacts. Brands owned by this company scored 18%, signifying it is doing a bit more than the others when it comes to having policies and commitments in place and auditing and reporting activities, but could be doing more. The average score was 26% and the highest score was 83%.
25/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 25/100 in the Retailing category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 18 Nov 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
14% in Nature Benchmark
The Nature Benchmark ranks 816 companies across 20 industries on their efforts to protect our environment and its biodiversity. Companies were assessed in three phases between 2022 and 2024 using three measurement areas: governance and strategy; social inclusion and community impact; and ecosystems and biodiversity. This company was assessed in 2022 and is ranked #419/816, with a total score of 14/100.
Information
Better Cotton Initiative member
This company is a member of the Better Cotton Initiative, a voluntary program which encourages the adoption of better management practices in cotton cultivation to achieve measurable reductions in key environmental impacts, while improving social and economic benefits for cotton farmers, small and large, worldwide.
Corporate Social Investment claims
Follow the link to see details of this company's Corporate Social Investment initiative.
CDP Forests score of C-
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts towards removing commodity-driven deforestation and forest degradation from its direct operations and supply chains. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Forests score of C-.
Source: CDP (2023)
CDP Water Security score of C
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security score of C.
Source: CDP (2023)
BHRRC company profile
Business & Human Rights Resource Centre digital platform presents news and allegations relating to the human rights impact of over 20,000 companies. Their enhanced Company Dashboards also include financial information, key data points based on corporate policies, and scores from prominent civil society benchmarks. Follow the link and use the search function to view this company's dashboard.
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Company Details

Revenue:
2 billion USD (2017)
Employees:
22,000 (2017)
Subsidiaries:
Retail Apparel Group Pty Ltd (80% owned)
Menswear retailer
Malaysian private equity firm Navis Capital bought 80% of this company from Champ Ventures in 2011, with founder Steven Leibowitz owning most of the remainder. Navis sold the company to South Africa's Foschini Group in 2017. Operates about 380 stores.

Contact Details

Address:
Cape Town, South Africa
Website:
www.tfg.co.za

Products / Brands

Retail Apparel Group (80% owned)
Connor Menswear (casual)
Johnny Bigg Menswear (casual)
Rockwear Activewear
Tarocash Menswear (casual)
yd. Menswear (casual)