{"id":515182,"date":"2021-07-20T11:03:10","date_gmt":"2021-07-20T15:03:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/guess-releases-fy2020-2021-sustainability-report-with-best-practice-for-esg-achieves-milestone-reasonable-assurance-examination-by-a-big-4-accounting-firm\/"},"modified":"2021-07-20T11:03:10","modified_gmt":"2021-07-20T15:03:10","slug":"guess-releases-fy2020-2021-sustainability-report-with-best-practice-for-esg-achieves-milestone-reasonable-assurance-examination-by-a-big-4-accounting-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/guess-releases-fy2020-2021-sustainability-report-with-best-practice-for-esg-achieves-milestone-reasonable-assurance-examination-by-a-big-4-accounting-firm\/","title":{"rendered":"GUESS Releases FY2020-2021 Sustainability Report with Best Practice for ESG; Achieves Milestone Reasonable Assurance Examination by a \u201cBig 4\u201d Accounting Firm"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b><span class=\"bwuline\">GUESS Releases FY2020-2021 Sustainability Report with Best Practice for ESG; Achieves Milestone Reasonable Assurance Examination by a \u201cBig 4\u201d Accounting Firm<\/span><\/b><\/p>\n<p>LOS ANGELES&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nGUESS, a global lifestyle fashion brand, has released \u201cVISION GUESS\u201d &#8211; its fourth sustainability report covering fiscal years 2020 and 2021, written in accordance with the Global Reporting Initiative (GRI) and Sustainable Accounting Standard Board (SASB) standards. The publication of VISION GUESS is a milestone achievement for the company, marking its successful completion of a reasonable assurance engagement with \u201cBig 4\u201d Accounting Firm KPMG to examine the metrics and disclosures in its sustainability report. The sustainability report shares the company\u2019s significant progress on Environmental, Social, and Governance (ESG) topics since its first sustainability plan was announced in 2016, and outlines its vision for sustainability going forward.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210720005251\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210720005251\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 371px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210720005251\/en\/892380\/4\/GuessSustainabilityReportCover.jpg\" alt=\"GUESS Releases FY2020-2021 Sustainability Report with Best Practice for ESG; Achieves Milestone Reasonable Assurance Examination by a \u201cBig 4\u201d Accounting Firm (Graphic: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">GUESS Releases FY2020-2021 Sustainability Report with Best Practice for ESG; Achieves Milestone Reasonable Assurance Examination by a \u201cBig 4\u201d Accounting Firm (Graphic: Business Wire)<\/p>\n<\/div>\n<p>\nThe report covers the three pillars of the GUESS sustainability plan; operating with integrity, empowering people and protecting the environment. The company details its significant achievements since its first sustainability targets were announced, increasing its eco SMART GUESS denim product offerings by 18%; increasing its global, certified sustainable materials across brands; and achieving gender pay parity for both its U.S. Corporate headquarters and U.S. Retail operations. The report also highlights the company\u2019s new \u201cGUESS Sustainability Assurance Framework\u201d &#8211; a robust process to collect, review and test sustainability data to ensure the consistency and comparability of nearly 100 ESG-related metrics, before sending to its external assurance provider.\n<\/p>\n<p>\n\u201cAt Guess, we remain highly committed to our three main goals of our sustainability strategy: 1. Operating with Integrity, 2. Empowering our People, and 3. Protecting the Environment. Our report this year, VISION GUESS, highlights our higher standards and our expanded ESG strategy for the future. We are treating ESG reporting with a rigor typically reserved for financial reporting and we are focused on developing the right system, testing and controls to ensure proper comparability, consistency and accountability. In this year\u2019s report we included important topics related to the environment, diversity and inclusion. In our Company, every decision we make and action we take, are with the long term in mind,\u201d <b>says Carlos Alberini, Chief Executive Officer for GUESS?, Inc.<\/b><\/p>\n<p>\nSustainability targets announced in the company\u2019s new VISION GUESS plan include replacing virgin polyester with recycled materials, increasing sustainable denim offerings to 75% within three years, reducing corporate greenhouse gas emissions by 50% and supply chain emissions by 30% by 2030. GUESS\u2019s ambitious greenhouse gas targets have been approved by the Science Based Targets Initiative, an industry group of over 1,000 businesses leading the way to a zero carbon economy.\n<\/p>\n<p>\nFor more information about GUESS\u2019s Sustainability Report, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fsustainability.guess.com&amp;esheet=52462356&amp;newsitemid=20210720005251&amp;lan=en-US&amp;anchor=sustainability.guess.com&amp;index=1&amp;md5=5480a4bc7ae8236482330574a4c3b78c\">sustainability.guess.com<\/a>.\n<\/p>\n<p><b><span class=\"bwuline\">About GUESS?, Inc.<\/span><\/b><\/p>\n<p>\nEstablished in 1981, GUESS began as a jeans company and has since successfully grown into a global lifestyle brand. Guess?, Inc. designs, markets, distributes and licenses a lifestyle collection of contemporary apparel, denim, handbags, watches, eyewear, footwear and other related consumer products. Guess? products are distributed through branded Guess? stores as well as better department and specialty stores around the world. As of May 1, 2021, the Company directly operated 1,041 retail stores in the Americas, Europe and Asia. The Company\u2019s partners and distributors operated 539 additional retail stores worldwide. As of May 1, 2021, the Company and its partners and distributors operated in approximately 100 countries worldwide. For more information about the Company, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.guess.com&amp;esheet=52462356&amp;newsitemid=20210720005251&amp;lan=en-US&amp;anchor=www.guess.com&amp;index=2&amp;md5=3ae87b6f269d78fe15700d645e0f9df8\">www.guess.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210720005251r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210720005251\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210720005251\/en\/<\/a><\/span><\/p>\n<p>\nKaitlyn Quail<br \/>\n<br \/>GUESS?, Inc.<br \/>\n<br \/>212.852.0568<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:kquail@guess.com\">kquail@guess.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Retail Environment Fashion<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210720005251\/en\/892359\/3\/GUESS_ECO_TRIANGLE.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210720005251\/en\/892380\/3\/GuessSustainabilityReportCover.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">GUESS Releases FY2020-2021 Sustainability Report with Best Practice for ESG; Achieves Milestone Reasonable Assurance Examination by a \u201cBig 4\u201d Accounting Firm (Graphic: Business Wire)<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210720005251\/en\/892381\/3\/ALL2.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">GUESS Releases FY2020-2021 Sustainability Report with Best Practice for ESG; Achieves Milestone Reasonable Assurance Examination by a \u201cBig 4\u201d Accounting Firm (Graphic: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>GUESS Releases FY2020-2021 Sustainability Report with Best Practice for ESG; Achieves Milestone Reasonable Assurance Examination by a \u201cBig 4\u201d Accounting Firm LOS ANGELES&#8211;(BUSINESS WIRE)&#8211; GUESS, a global lifestyle fashion brand, has released \u201cVISION GUESS\u201d &#8211; its fourth sustainability report covering fiscal years 2020 and 2021, written in accordance with the Global Reporting Initiative (GRI) and Sustainable Accounting Standard Board (SASB) standards. The publication of VISION GUESS is a milestone achievement for the company, marking its successful completion of a reasonable assurance engagement with \u201cBig 4\u201d Accounting Firm KPMG to examine the metrics and disclosures in its sustainability report. The sustainability report shares the company\u2019s significant progress on Environmental, Social, and Governance (ESG) topics since its first sustainability plan was announced &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/guess-releases-fy2020-2021-sustainability-report-with-best-practice-for-esg-achieves-milestone-reasonable-assurance-examination-by-a-big-4-accounting-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GUESS Releases FY2020-2021 Sustainability Report with Best Practice for ESG; Achieves Milestone Reasonable Assurance Examination by a \u201cBig 4\u201d Accounting Firm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-515182","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GUESS Releases FY2020-2021 Sustainability Report with Best Practice for ESG; Achieves Milestone Reasonable Assurance Examination by a \u201cBig 4\u201d Accounting Firm - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/guess-releases-fy2020-2021-sustainability-report-with-best-practice-for-esg-achieves-milestone-reasonable-assurance-examination-by-a-big-4-accounting-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GUESS Releases FY2020-2021 Sustainability Report with Best Practice for ESG; Achieves Milestone Reasonable Assurance Examination by a \u201cBig 4\u201d Accounting Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"GUESS Releases FY2020-2021 Sustainability Report with Best Practice for ESG; Achieves Milestone Reasonable Assurance Examination by a \u201cBig 4\u201d Accounting Firm LOS ANGELES&#8211;(BUSINESS WIRE)&#8211; GUESS, a global lifestyle fashion brand, has released \u201cVISION GUESS\u201d &#8211; its fourth sustainability report covering fiscal years 2020 and 2021, written in accordance with the Global Reporting Initiative (GRI) and Sustainable Accounting Standard Board (SASB) standards. The publication of VISION GUESS is a milestone achievement for the company, marking its successful completion of a reasonable assurance engagement with \u201cBig 4\u201d Accounting Firm KPMG to examine the metrics and disclosures in its sustainability report. The sustainability report shares the company\u2019s significant progress on Environmental, Social, and Governance (ESG) topics since its first sustainability plan was announced &hellip; Continue reading &quot;GUESS Releases FY2020-2021 Sustainability Report with Best Practice for ESG; Achieves Milestone Reasonable Assurance Examination by a \u201cBig 4\u201d Accounting Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/guess-releases-fy2020-2021-sustainability-report-with-best-practice-for-esg-achieves-milestone-reasonable-assurance-examination-by-a-big-4-accounting-firm\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-20T15:03:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20210720005251\/en\/892380\/4\/GuessSustainabilityReportCover.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/guess-releases-fy2020-2021-sustainability-report-with-best-practice-for-esg-achieves-milestone-reasonable-assurance-examination-by-a-big-4-accounting-firm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/guess-releases-fy2020-2021-sustainability-report-with-best-practice-for-esg-achieves-milestone-reasonable-assurance-examination-by-a-big-4-accounting-firm\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"GUESS Releases FY2020-2021 Sustainability Report with Best Practice for ESG; 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its fourth sustainability report covering fiscal years 2020 and 2021, written in accordance with the Global Reporting Initiative (GRI) and Sustainable Accounting Standard Board (SASB) standards. 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