Chloé : first B-Corp in the luxury industry

Since announcing its intention to become a B-Corp last year, the Paris-based handbag maker has accelerated its use of materials with a lower environmental impact, partnered with more Fair Trade certified suppliers, and made commitments to promoting women’s equality, according to a statement from the company.

This certification is the result of over 18 months of collective work by our teams worldwide, staying true to our mission: Women Forward. For a Fairer Future. Rather than the end of a journey, it is a new beginning which will see us commit to continuous improvement.#BCorp pic.twitter.com/9AyRdlWHye

— Chloé (@chloefashion) October 18, 2021

Chloé, which is owned by Richemont, became the European luxury industry’s first major player to be certified as a “B-Corp” — a designation given to companies that demonstrate a demonstrable commitment to having a positive environmental and social impact in addition to creating value for shareholders.

Chloé is aligning itself with brands like Patagonia and direct-to-consumer shoemaker Allbirds, who have made environmental pledges a major element of their messaging to consumers.