Guess? Inc

Lobbying Governance

AI Extracted Evidence Snippet Source

**_1._** **_Trade Associations and Lobbying - Climate Alignment_**

In the reporting year FY2024, GUESS engaged indirectly with, and/or provided financial or in-kind support to, Non-Governmental Organizations (NGO) or charitable organizations whose activities could influence policy, law, or regulations. Additionally, GUESS has public commitments in line with the Paris Agreement.

GUESS is a member of the GRI Community and supports GRI's mission to empower decision makers everywhere through GRI Sustainability Reporting Standards and its multistakeholder network fostering action toward a more sustainable economy and world.

In 2019, GUESS became a signatory of the UNFCCC Fashion Industry Charter for Climate Action. Since then, GUESS has actively participated in working groups to contribute to and explore the implementation of the charter's principles, with the goal of limiting global warming to 1.5°C compared to pre-industrial levels. Additionally, GUESS provides financial support to the UNFCCC.

GUESS is member of Textile Exchange, supporting further circularity endeavors within the supply chain. Textile Exchange indirectly influences policymakers by setting commitment targets that drive the apparel industry standards. For example, it includes the goal for members to achieve a 45% reduction in Greenhouse Gas (GHG) emissions in fiber and raw material production by 2030. GUESS has already established Science Based Targets (SBTs) goals for purchased goods & services, aligning with the Paris agreement to limit global warming to 1.5°C compared to pre-industrial levels.

Since 2015, GUESS has been a member of Cascale (formerly the Sustainable Apparel Coalition – SAC) to utilize its Higg Index and support further circularity endeavors within the supply chain. Cascale has engaged with governmental bodies to promote future improvements to circularity policy. For example, they are currently working with the European Commission to develop policy standards for apparel and footwear in the EU.

https://sustainability.guess.com/s/FY2024_GUESS-ESG-INTERIM-REPORT.pdf

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Guess indirectly engages with policy through our work with UNFCCC, Textile Exchange, and Sustainable Apparel Coalition. For example, GUESS is involved in working groups to further contribute and learn how to implement the UNFCCC's principles and limit global warming to 1.5°C compared to pre-industrial levels. These are in line with our Science-Based target commitments, which are 1.5°C aligned.

CDP Questionnaire Response 2022

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

CDP Questionnaire Response 2023