This is Acne Studios Performance Check 2014
Acne Studios has implemented most of FWF’s management system requirements and goes beyond some. The company implemented a new sourcing policy with a more detailed evaluation of suppliers as a crucial basis for sourcing decisions.
The company is consolidating its supplier base; limiting itself to a selected number of nominated suppliers in China and Turkey and expanding production in Europe. Acne Studios sources 38% of its most recent fiscal purchasing volume from countries classified as low risk. Together with audits carried out by FWF local teams, the company has been able to bring its monitoring threshold to 91% which meets FWF requirements.
Acne Studios has also made significant progress in convincing suppliers to be open and transparent, showing the true wage and working hour records during audits. The company actively focused on obtaining better insight and control of subcontractors. Coordinated efforts between different departments support remediation efforts.
Further, Acne Studios could take more steps to organise trainings for workers and management. Another area where it should focus efforts is making progress towards payment of a living wage.
Read more about Acne Studios on its FWF page.
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