Eyewear
Founded in 2018 when Essilor merged with Luxottica. World's largest eyewear company. Owners of the Ray-Ban and Oakley brands, they also make over 20 luxury fashion brands of eyewear under licence.
Company Assessment
(Last updated Mar 2024)
Praise
Criticism
Information
EssilorLuxottica SA
Praise
Criticism
Information
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)
Conflict minerals rating
As You Sow's 2017 report, Mining the Disclosures, is a deep analysis of 206 companies' human rights performance in relation to sourcing conflict minerals from the Democratic Republic of the Congo (DRC). This company's score was below 40% (Weak).
Source: As You Sow
(2017)
17.1% in Newsweek Green Rankings 2016
This company received a score of 17.1/100 in the Newsweek Green Rankings 2016, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
Source: Newsweek
(2016)
Sustainability claims
This company has sustainability claims on its website in the areas of people, environment and society, and provides publicly available Sustainability Reports.
Source: company website
(2020)
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.
Source: Better Cotton Initiative
(2022)
Modern Slavery statement
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Source: company website
(2021)
41/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 41/100 in the Textiles, Apparel & Luxury Goods 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.
Source: S&P Global
(2022)
Company Details
Type:
Public company
Founded:
2018
Revenue:
16 billion EUR
(2018)
Subsidiaries:
Oakley Inc
Eyewear
Sold in more than 110 countries. Eyewear giant Luxottica acquired Oakley in 2007.
Contact Details
Products / Brands
Oakley
Oakley
Womens Fashion
Oakley
Menswear (casual)