In March 2020, Ethical Consumer sent a questionnaire to Li & Fung subsidiary Lornamead, and searched Li & Fung's website, for details of its environmental reporting.
The company’s 2018 Annual Report was viewed, which included a section on 'Our Footprint'. The company also had documents on its ‘Our Footprint’ webpage, this information related to its Greenhouse gas emissions, and environmental performance. The performance data did not appear to be independently verified.
The company did not appear to have any future quantified environmental improvement targets. Its reports also did not seem to demonstrate a clear understanding of Li & Fung’s main environmental impacts, failing to mention the toxic chemicals parabens, phthalates and triclosan.
An environmental policy was deemed necessary to report on a company's environmental performance and set targets for reducing its impacts in the future. A strong policy would include two future, quantified environmental targets, demonstration by the company that it had a reasonable understanding of its main environmental impacts, be dated within two years and have its environmental data independently verified.
Overall, the company received Ethical Consumer's worst rating for Environmental Reporting and lost a whole mark in this category.
Li & Fung AR 2018 (11 March 2020)