Trading and retail (especially clothes)
Li & Fung (1937) Ltd, a privately held business entity headquartered in Hong Kong, is the controlling shareholder of the Fung Group of companies. Listed entities of the Group include Li & Fung Limited, Integrated Distribution Services Group Limited, Convenience Retail Asia Limited and recently listed Trinity Limited.
Company Assessment
(Last updated Aug 2024)
Praise
Criticism
Information
Fung Group
Praise
Information
Criticism
3.6% 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 #107/112, with a total score of 3.6%. The average score was 23% and the highest score was 55%.
3/20 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 3/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
2.5% 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 #697/816, with a total score of 2.5/100.
Company Details
Subsidiaries:
Li & Fung Ltd
(32% owned)
Supply chain management
In 2020 a consortium made up of members of the Fung family and Singapore's GLP took the company private in a deal worth some US$930 million. Months later Chinese e-commerce giant JD.com bought a 6.7% stake.