Chloé : first B-Corp in the luxury industry

Chloe B corp

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.

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.

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