Latest News
GUESS Embraces Environmental Transparency by Disclosing Through the Carbon Disclosure Project (CDP)
February 29, 2024
Thrilled to announce that GUESS has achieved the leadership level with an A- score for its environmental transparency and actions on climate change in its 2023 CDP assessment.
This marks GUESS sixth consecutive year disclosing our climate impact through CDP, a global non-profit that runs the world’s leading environmental disclosure platform.
CDP evaluates companies on climate disclosure, awareness, and the management of environmental impacts, aiming to reduce them in line with the 1.5-degree trajectory laid out in the Paris Agreement. GUESS demonstrates environmental leadership by disclosing actions on climate change, such as setting science-based targets and creating a climate transition plan.
This achievement reflects GUESS’ commitment to sustainability and transparency in managing its environmental impacts, aligning with the goals outlined in the ACTION GUESS strategy.
Find the GUESS CDP disclosure here.
GUESS Publishes its Updated Vendor List
February 29, 2024
In its continuous push to increase supply chain transparency GUESS has published its updated comprehensive vendor list of key tier 1 facilities and key tier 2 denim suppliers. This list allows stakeholders to gain insights into GUESS' production process and helps to hold all participants accountable for responsible practices.
The full updated GUESS Vendor list can be found here.
GUESS? Inc. – Best Company for Sustainability Reporting Award Winner
October 02, 2023
Guess is proud to announce that it has been awarded by ESG Investing as the winner of the Best Company for Sustainability Reporting category in the Corporate ESG Awards 2023. This award is a testament to our commitment to transparent and comprehensive sustainability reporting. The awards are judged by a panel of experts that assess the best listed companies across six areas of ESG and sustainability performance and reporting: Climate Reporting; Climate Transition; Diversity, Equity & Inclusion; ESG & Sustainability; Social Responsibility; and Sustainability Reporting.
In addition, GUESS?, Inc was also selected as finalist in three other categories: Best Company for Climate Transition; Best Company for ESG & Sustainability; Best Company for Social Responsibility.
More information on the 2023 Corporate ESG Awards can be found here.
GUESS? Inc. and CEO & Director, Carlos Alberini Awarded for Global Sustainability
August 31, 2023
Business Wire: “Today, the Business Intelligence Group presented GUESS? Inc. with the 2023 Sustainability Leadership Award and Carlos Alberini, Chief Executive Officer, with the Sustainability Hero Award in the 2023 Sustainability Awards program. The Sustainability Awards honor those people, teams and organizations who have made sustainability an integral part of their business practice or overall mission.”
For GUESS, being a sustainable company means showing the utmost respect for nature. The iconic brand is taking active steps to address impacts on the environment by creating new pathways to reduce their footprint, encourage a circular economy, and choose materials wisely.
Read the full article here.
GUESS Publishes its FY2022-2023 ESG Highlights Reports
August 31, 2023
GUESS is proud to announce it has published the highlights report of its FY2022-2023 ESG Report “Our Best Today, Better Tomorrow”. These highlight reports provide a summary of the progress made by GUESS to achieve key ESG metrics, and the new goals set to keep moving forward in its sustainability journey.
The FY2022-2023 GUESS ESG Highlights Reports are now available in English, French, German, Italian, Spanish, Chinese, Polish, Russian and Korean.
The Highlights Reports can be found here.
GUESS increases its Fashion Transparency Index score
July 18, 2023
The eighth edition of the Fashion Transparency Index ranks 250 of the world’s largest fashion brands and retailers based on their public disclosure of human rights and environmental policies, practices, and impacts, across their operations and supply chains.
In the last 3 editions, GUESS is proud to have steadily increased its score in the Fashion Transparency Index moving into a higher score category each year: from 11-20% in 2021, to 21-30% in 2022 and lastly to 31-40% in 2023.
Thanks to its commitment to transparency, in this Fashion Transparency Index last edition, GUESS performed above average which is 26% for the world’s largest fashion brands.
The 2023 edition of Fashion Transparency Index can be viewed on the FTI's website.
GUESS Releases ESG Report for Fiscal Years 2022-2023
July 6, 2023
Business Wire: “GUESS released its FY2022-2023 Environmental, Social and Governance (ESG) Report, “Our Best Today, Better Tomorrow,” highlighting 9 years of meaningful reporting progress and its sustainability commitments for the future. The report details the global fashion brand’s first-ever ‘double materiality assessment,’ which was conducted to identify, update, and prioritize sustainability topics, and refresh GUESS’ ESG strategy.”
Read more about the FY2022-2023 ESG Report here
GUESS Recognized as Supplier Engagement Leader by CDP
March 09, 2023
GUESS is proud to announce that the company has been recognized among the top 8% for supplier engagement on climate change.
Based on the four categories of governance, targets, Scope 3 emissions reporting, and supplier engagement, the Carbon Disclosure Project (CDP) Supplier Engagement Leader rating recognizes companies that are playing a crucial role in addressing their environmental impact and driving the transition to a net-zero sustainable economy across their supply chains.
The full list of companies can be viewed on the CDP’s website.
GUESS shortlisted as a finalist for the 2022 Reuters Responsible Business Awards
Reuters (August 17, 2022): The shortlist for Reuters Events 13th Annual Responsible Business Awards has been announced. The winners will be revealed and celebrated at a glamorous Awards Dinner ceremony on 13th October at 8 Northumberland Avenue in London.
GUESS has been nominated for the “Reporting and Transparency Award” category, for its GUESS VISION sustainability report for FY 2020 – 2021. Read more about the award and full list of finalists here.
GUESS and Homeboy Industries Announce the Upcycled Collection – A NEW WAY to Re-Wear
Business Wire (July 27, 2022): In collaboration with Homeboy Industries, GUESS has developed a unique process to give new life to old clothing. By transforming recycled pieces into fun, fashionable creations, GUESS is building a new pathway to being fabulously sustainable. Sustainability is at the heart of all that GUESS does, and the Company’s partnership with the non‐profit Homeboy Industries represents this commitment.
Read More about the work being carried out with Homeboy Industries here.
Guess, Inc Latest to Link Credit Facility to Sustainability Targets
Just Style (May 11, 2022): Guess, Inc has announced a new EUR250m (US$264m) European credit facility of which the interest rate is subject to an annual adjustment based on the achievement of specific sustainability goals, including the US retailer's use of sustainably sourced materials.
Read more about the sustainability goals linked to the Credit Facility here
GUESS Asks World Leaders to Take Action on Climate Change
GUESS Press Release (September 30, 2021): GUESS has joined the We Mean Business Coalition in signing an open letter to world leaders requesting immediate action be taken to mitigate climate change. The letter, signed by an additional 600 national businesses, will be delivered to G20 leaders at the upcoming UN Climate Change Conference COP26 in Glasgow, Scotland. It outlines key insights crucial to cutting global emissions by 2030 so the goal of capping global temperature warming to 1.5 degrees Celsius by 2050 is achievable.
GUESS is proud to take a public stance on this pressing issue as we understand the importance of these actions to be what will keep our beautiful planet as we know it and are necessary to enhance our world as we dream it.
Read the press release from We Mean Business Coalition here.
Guess Aspires for 75 Percent of Its Denim to be Sustainable By 2025
Sourcing Journal (July 23, 2021): The Los Angeles-based company recently shared its progress on environmental, social and governance topics since its first sustainability plan was announced in 2016. In “Vison Guess,” written in accordance with the Global Reporting Initiative (GRI) and Sustainable Accounting Standard Board (SASB) standards, the heritage brand highlights its standards and strategy for the future.
“We have entered a critical decade of action to regenerate environmental resources and address climate change. Vision Guess provides the roadmap for us to do our part in helping to solve some of the world’s most pressing issues,” Carlos Alberini, Guess Inc. CEO and director, stated in the report.
Read more about GUESS sustainable denim sourcing aims here.
GUESS Releases FY2020-2021 Sustainability Report with Best Practice for ESG
Business Wire (July 20, 2021): “GUESS, a global lifestyle fashion brand, has released “VISION GUESS” - 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 “Big 4” Accounting Firm KPMG to examine the metrics and disclosures in its sustainability report. The sustainability report shares the company’s 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.”
Read more about the FY2020-2021 Sustainability Report here
Guess to Set New Targets as Sustainability Becomes Second Nature to Business
Sourcing Journal (April 2, 2021): When over 65% of consumers say they consider the use of sustainable materials to be an important purchasing factor, brands must align their production methods with evolving consumer preferences. In the case of fashion, both consumer and brand are uncovering the truth behind fundamental, scalable, and sustainable change.
“Most people are well aware of the environmental problems happening in the world today. What they’re not so aware of is fashions’ connection to those issues and where the industry is heading to help combat them,” Jaclyn Allen, GUESS’ Director of Sustainability, states.
Read more about GUESS’ FY20-21 Sustainability Report and the future intersection of the brand and sustainable fashion here.
GUESS?, Inc. Wins Award for "Innovation in Reporting" for FY18-19 Sustainability Report
Business Wire (July 30, 2020): We’re thrilled to announce that our second GUESS FY18-19 Sustainability Report: Evolution! Change for Good has won an award for “Innovation in Reporting” from the Corporate Register Reporting Awards 2020 (CRRA’20). We also won first runner up for “Credibility through Assurance.”
See the publicity and article here.
Fashion-forward sustainability with the SMART GUESS ECO collection
GUESS Blog (Fall / Winter 2020): “Sustainability is a catalyst for creativity, helping us to rethink the way we design our products. Our sustainability goals have challenged us to innovate, evolve, and adapt. As we focus on what we do best, we know the future means doing more with less—less water, less waste and less carbon—and meeting the aspirations of new generations,” quotes GUESS founder and Chief Creative Officer Paul Marciano on the initiatives that have charted the brands’ sustainability-forward path in the past years and those adaptations to be made for the future.
With each season comes greater development focused on a completely eco-conscious, sustainable line – something GUESS hopes to achieve in the next decade. Read about our SMART GUESS Ecowear collection from Fall / Winter 2020 here.
GUESS CEO Carlos Alberini: Denim is the Starting Point for Circular Design
Sourcing Journal (July 28, 2020): “At Guess, we see the concept of sustainability as fully integrated with the future of our business and our company… We strive to operate our business in a way that assures future generations are able to experience this beautiful world as we know it, or better yet, as we dream of it.
Specifically, this means investing in high-quality products that last, new ideas and practices that protect the environment and business models that ensure a diverse and inclusive workplace to inspire and support the transformation. We want to inspire our customers to feel confident and passionate about their style and their future, knowing that at Guess, we are working hard to make their world a better place,” says Carlos Alberini, CEO, GUESS?, Inc.
Alberini’s full interview with Sourcing Journal is available here.
Case Study on GUESS Water Footprint Wins Award for Best Article 2019
June 29, 2020: A study on the water footprint of GUESS denim production, published in the University of California Journal “Case Studies for the Environment,” was named the top prize article of 2019.
See the publicity and article here.
GUESS Sustainability Report Receives International Recognition
April 17, 2020: The GUESS FY18-19 Sustainability Report entitled “EVOLUTION! Change for Good” has been named as a finalist with PRNews for best 2019 Corporate Sustainability/CSR Report. The PRNews CSR & Nonprofit Awards program aims to recognize organizations setting new standards of excellence and leadership for communicating purpose-based initiatives.
The 2020 Corporate Register Reporting Awards (CRRA), the only global annual awards for corporate responsibility (CR) reporting, has also named GUESS as a finalist in the following categories: “Credibility through Assurance” and “Innovation in Reporting”. CRRA was developed to identify and acknowledge excellence in reporting. Voting is now open. Please note that employees of any nominated company are NOT permitted to vote for their own company, and doing so could disqualify your organization.
Official winners will be announced later this year.
GUESS Makes Major Moves Towards Sustainability
The Daily Front Row (February 11, 2020): In 2020, caring about sustainability and striving to do as little harm as possible to the planet have become essential across many industries at long last, and various fashion brands are doing their part. Here, GUESS CEO Carlos Alberini tells The Daily about what the fashion brand’s multi-pronged environmental commitment to Mother Earth entails.
For the full Q&A click here.
GUESS Inc. Introduces GUESS Eco Collection for Fall 2019
Business Wire (September 12, 2019): This fall 2019, GUESS is proud to introduce GUESS Eco: a collection for men and women made with environmentally conscious materials and manufacturing processes. The collection supports the brand’s sustainability goal to develop 25% of its denim and source 20% of its materials* according to its GUESS Eco guidelines by 2021. The GUESS Eco collection started in Europe in 2016 and is now offered globally every season.
Utilizing water-saving techniques and environmentally friendly practices, all GUESS Eco denim this season, as well as select non-denim styles, features Lenzing’s TENCEL™ Lyocell. Loved for its lightweight, cool and soft hand feel, TENCEL™ branded fibers are derived from responsibly managed forests protected from illegal forest management practices. “The evolution of the GUESS Eco denim to include TENCEL™ x REFIBRA™ brings circularity to denim by utilizing cotton scraps without compromising quality or aesthetics. With the technology in fiber developments, GUESS is on a path to reduce its environmental footprint. We are pleased to partner with GUESS as they raise consumer awareness with educational messages across digital and retail platforms.” – Tricia Carey, Director of Global Business Development, Lenzing.
For the full press release click here.
GUESS Inc. Announces Release of Third Sustainability Report
Business Wire (September 10, 2019): GUESS is proud to release its third sustainability report written in accordance with the Global Reporting Initiative Standards for sustainability, and externally assured by KPMG. The report highlights GUESS’s progress since releasing its second report as well as the global brand’s 2021 sustainability goals. The report covers the three pillars of the GUESS sustainability plan; operating with integrity, empowering people and protecting the environment.
“In the two years since GUESS published our last sustainability report, public interest and awareness has increased dramatically on a wide range of subjects from climate change to circular fashion and from human rights to transparency, diversity and inclusion,” says Carlos Alberini, Chief Executive Officer for GUESS?, Inc. “We understand that authentic, lasting change is expected, and that we must address the urgency and importance of these environmental and social concerns today.”
For the full press release click here.
GUESS? Inc. Marks Earth Day with CanopyStyle Commitment
Canopy Planet (April 23, 2019): GUESS? marked Earth Day by fortifying its commitment to responsible sourcing of cellulosic fibers by joining the CanopyStyle initiative. The Canopy organization investigates viscose suppliers and ranks them based on their safety and sustainability practices. By joining this initiative GUESS has committed to sharing the details of its supply chain so that Canopy can investigate suppliers and jointly create demand for more sustainable fibers.
Canopy and its brands partners expect that at least 80 percent of the global viscose supply will have undergone the CanopyStyle Audits by 2020 with more than half attaining “green shirts” to meet their customers’ requirements around low risk, forest conservation and next generation solution fabric development.
For the full press release click here.
To read our full policy, click here.
GUESS? Inc. Launches Vintage Program at Fred Segal with Circular Fashion in Mind
Business Wire (April 05, 2019): For the first time in its brand history, GUESS?, Inc. is introducing the #GUESSVintage program with over 150 authenticated pieces to be sold exclusively at LA based retailer Fred Segal on Sunset Boulevard in West Hollywood. This is the newest effort from GUESS, pulling from its rich heritage while keeping circular fashion and sustainability in mind. “With the explosion of vintage culture over the past decade, Sean and I wanted to join our community in the celebration of GUESS archival pieces that have stood the test of time,” Nicolai Marciano, Director of Brand Partnerships at GUESS?, Inc.
GUESS is committed to promoting circular fashion – the idea that clothing should last and be continuously reused and recycled.
For the full press release click here.
GUESS? Inc. Introduces GUESS Eco Collection for Spring 2019
Business Wire (March 22, 2019): This spring 2019, GUESS is proud to introduce GUESS Eco, a 12-piece capsule collection for men and women made with environmentally conscious materials and manufacturing processes.
“With our first global GUESS Eco collection and larger sustainability program, we make a promise to a better future through innovation. By offering high quality product designed with the environment in mind, we want our customer to know that GUESS understands the world’s environmental challenges and is working to evolve our practices and products. Our customers, our employees, and our families can be very confident that when they wear GUESS clothing, they can feel good knowing that we are a global brand that cares for our world for generations to come.” Carlos Alberini, CEO of GUESS?, Inc.
For the full press release click here.
GUESS Partners with I:CO to Launch Nationwide Wardrobe Recycling
Business Wire (October 23, 2018): GUESS has expanded its customer wardrobe recycling program RESOURCED to include all U.S. stores. The program initially launched in California in June 2018 and due to its success will now expand US-wide and globally by 2020.
Through our partnership with I:CO, the industry leader for global textile and footwear recycling, GUESS will help find our customer’s unwanted products’ “next best life”. In exchange for bringing in 5 or more items of clothing or shoes to any local GUESS, GUESS Factory, G by GUESS, or Marciano store in the U.S., customers will receive 15% off a full-priced purchase in-store or online.
To learn more, watch our YouTube Video.
For the full press release click here.
GUESS Partners with I:CO to Launch Wardrobe Recycling Program
Business Wire (June 18, 2018): GUESS is proud to partner with I:CO®, short for I:Collect, a global solutions provider and innovator for the collection, certified sorting, reuse and recycling of used apparel and footwear, to launch a wardrobe recycling program. The program, RESOURCED, launches in California on June 18, 2018, expanding to all North America by the end of 2018 and globally by 2020.
GUESS has partnered with I:CO to reduce textile waste and help create a circular fashion system where unwanted clothing and shoes can be reprocessed and used over and over again in a continuous closed loop production cycle. Through I:CO’s innovative retail take-back system and worldwide infrastructure, wearable items get a new life as secondhand goods. Unwearable items are resourced into new products like cleaning cloths or recycled into fibers for products such as insulation and new textiles. Reusing and recycling saves resources and allows valuable raw materials to be reprocessed, ultimately helping to protect our environment.
For more information, visit guess.com
View the full press release here.
GUESS Installs Clean Water Tower for Puerto Rico Community
April 6, 2018: In partnership with Planet Water Foundation, GUESS funded an AquaTower system to provide clean water to 250 students at a primary school in Juncos, Puerto Rico. The AquaTower now provides the students, staff, their families and community with a reliable, high-quality water source, which has the capacity to clean and store enough water for 1,000 people per day.
To learn more, visit the GUESS Journal.
GUESS Joins Retailers Committing to Fabrics that Protect Forests, Locals
Reuters (February 27, 2018): Fashion retailer Guess?, Inc. is adopting a policy to trace the sources of its wood-based fabrics, joining an array of fashion companies aiming to rid their supply chains of products from endangered forests, the company and activists said.
The new Guess policy seeks to trace the origins of its viscose, rayon and modal fibers in a bid to battle deforestation and protect the rights of people living in at-risk forests, Chief Executive Victor Herrero said in a statement.
To read the full article, click here.
The Guess Responsible Sourcing Policy on Cellulosic Fabrics is available online here.
GUESS Announces Release of Second Sustainability Report
PR Newswire (September 21, 2017): GUESS, a global lifestyle fashion brand, is proud to release its second sustainability report. The report highlights GUESS’s development towards a higher standard for social and environmental performance.
To read the full press release, click here.
Guess Launches Fall 2016 Denim Recycling Program
Guess-Sponsored FIDM Class on Sustainability & Fashion
As part of our continued commitment to education and our local community, GUESS has partnered with the Los Angeles Fashion Institute of Design Merchandising (FIDM) to offer a class on sustainability and fashion. The class covers the lifecycle of a garment from textile sourcing and tracing, green garment design and manufacturing to post-consumer care, and is open to select FIDM students and GUESS employees at no cost. This is a pilot project happening in Summer 2016.
Guess Announces New Policy on Use of Angora Fiber