I really appreciate the depth you were able to get to so quickly (for our project). ESQUEL GROUP SUSTAINABILITY UPDATE 2020 - United Nations Global Compact Brand Strategy Brand Identity Storytelling Animation Illustration Website Design & Development. Esquel Group information Founded in 1978, Esquel Group has pursued growth over the years in line with its vision of Making a Difference, which guides its development toward two goals - tackling climate change and narrowing the wealth gap. Its efforts have also paid off with the company this month being ranked as having the second greenest textile supply chain in China, behind LeviStrauss and the fourth greenest across all sectors. Esquel Group's goal is to. The textile and clothing industry is the second largest polluting industry in the world after oil; it takes 5,000 gallons of water to produce a T-shirt and pair of jeans; 2.5bn tons of wastewater is generated annually by the industry in China alone; the sector accounts for 17-20% of the worlds industrial pollution; and 12.8m tons of textile waste is discarded each year. There was an inspiring and insightful session shared by Marjorie, our Chairman, in her discussion with Professor Christopher Tang, Faculty Director of UCLA Anderson School of Management, and Professor Heiwai Tang, Director of Hong Kong Universitys Asia Global Institutes. View our 2022 Interim Report. STANFORD CASE STUDY (ESQUEL GROUP) 1. China, European Union, United Kingdom, USA . Against this backdrop, the Hong Kong-based textile and apparel giant has made it its mission to weave sustainability into its core values, and across a vertical supply chain that spans every step from cotton farming, through spinning, weaving and knitting, to apparel making, accessories and packaging, retail and distribution. Following our feature video from Guilin, Edgar Tung, incoming CEO of Esquel Group, announced Esquel's Pledge to Net Zero. At Esquel, we prioritize investment in the growth and well-being of our employees. With manufacturing operations across five Asian countries, Esquel produces 100 million garments annually. The firms vertically integrated operation starts in China where it oversees cotton farms. Matt Colbert - FOH & Chef - Footnote | LinkedIn Integral was also selected as a finalist for the Special Architectural Award (Architectural Sustainability Category). Given Esquel's history, in which parts of the supply chain is the group's core where it has the deepest knowledge and expertise? The company's operations are vertically integrated, from producing cotton, buttons, and packaging to design and manufacturing. Our company profiles assist you to formulate strategic analysis in order to understand your customers, partners, and competitors, enabling you amplify your business better. The websites front & backend also needed to be easily updated on a yearly basis. Hero Financial Annual Report - Heromotocorp Civic Exchange Aims Organizations create impacts at various. The two Koggala factories have been non-operational since 15 March. Request now, Explore subscription: 1.5 million+ company and industry intelligence reports, Esquel Group Limited Business Description, Esquel Group Limited Industry Classifications, Esquel Group Limited Number of Employees, Esquel Group Limited Other Locations (domestic and international), Esquel Group Limited Current and Pending Investors, Esquel Group Limited Major Products and Services, Esquel Group Limited Company Tree / Company Hierarchy, Esquel Group Limited Legal Structure and Ownership, Esquel Group Limited Corporate Timeline, Esquel Group Limited Corporate Strategy, Esquel Group Limited SWOT Analysis - Overview, Esquel Group Limited Competitive Positioning, Esquel Group Limited Business Descriptions of Competitors, Esquel Group Limited - Key Executives Biographies, Esquel Group Limited - Board Members Biographies, Esquel Group Limited - Key Operational Heads, Esquel Group Limited Current Capitalization, Esquel Group Limited Capital Market Ratios, Esquel Group Limited Mergers and Acquisitions, Esquel Group Limited Deals and Alliances, Esquel Group Limited Partnerships and Investments, Esquel Group Limited Deals by Year (YTD), Esquel Group Limited Deals by Type (YTD), Esquel Group Limited Deals by Region (YTD), Esquel Group Limited Deals by Sub-sector (YTD). Esquel Group. Keep the text short and simple. Need a customized "Company Intelligence" or "Industry Research" report? These fresh talents received one year of basic skills training before undergoing a simulation workshop to acquire hands-on experience of different production scenarios. Our annual dinner in Hong Kong was successfully held last Saturday. 5,53 MB. When expanded it provides a list of search options that will switch the search inputs to match the current selection. on 2021 Annual Report. Company offerings: Details on a list of companys major products/services/brands It determines the business's reach to the target market and ensures the easy accessibility. Otto Group: Downloads The layout design reflected a traditional folder with the right side as navigation tabs for each of their Sustainability Pillar. This is the model were trying to aim for: were going to use less people, were going to use people who are better educated, were going to have zero discharge, and were going to use a lot of automation and data to try to create value., Apparel sourcing and textile industry news & analysis, Inflation hits Vietnams apparel, footwear sectors as China reopens, Two years post-military coup: Myanmar garment sector battles instability, poverty, Can the EU garment sector survive the energy crisis challenge, Kelheim Fibres, Recycling Atelier Augsburg team to drive green fibre development, AAFA, IAF sign MoU for industry collaboration, Texworld sourcing show heads to Los Angeles, ETI backs IndustriALL framework for responsible Myanmar exit, Higg Brand & Retail Module revamped to accelerate industry green transition, Modern Meadow, Singtex team on sustainably developed outdoor wear, Australian PE firm Anchorage Capital acquires David Jones from Woolworths, Global Fashion Group exits Russia following Lamoda sale, Leading digital transformation software providers for the apparel industry, Leading artificial intelligence (AI) companies for the apparel industry, Leading cloud computing companies for the apparel industry, second greenest textile supply chain in China, Delivery Innovation in Apparel - Thematic Research, Wearable Technology in Apparel - Thematic Research, Strategic Focus Report Communications & Collaboration, Strategic Focus Report: Communications & Collaboration, The Hong Kong Research Institute of Textiles and Apparel Limited, Inflation hits Vietnam's apparel, footwear sectors as China reopens, Top opportunities for manufacturers in the fashion industry today. [4], The family owned business was founded in 1978 by family patriarch Yang Yuan-loong[zh]. Esquel Group Careers and Employment About the company Founded 1978 Industry Manufacturing Esquel Group website Learn more Questions and answers People have asked 2 questions about working at Esquel Group. Here are some pointers for a good annual report design: Use headings and subheadings. The team has looked through the material and are very happy with the data you pulled together. This button displays the currently selected search type. Otto Group Annual Report 2020/21. - Assisted in determining 2017 Flight CO2 Emissions to be contributed to the Annual CSER Report - Energy tracking to Robert Redford Conservancy to achieve ILFI ZNE Certification - Project Coordination work for Google: Bay View . Esquel | PDF | Supply Chain | Competition - Scribd SWOT Analysis: Company information detailing strengths, weaknesses, opportunities, threats, growth strategies, investments signal key strategic targets, challenges, and objectives #Esquel #MakingADifference #lunarnewyear2023, Leaping into the Year of the Rabbit, we wish you a wonderful new year. Gain access to more than 1 million monopolized company profiles on a single platform Colleagues showed their talents through stunning performances. #Esquel #MakingADifference #lunarnewyear2023, We are the true agent of change. Responsible Labor Report: 2022-2023 - Lexology With 57,000 employees across the globe and state-of-the-art production facilities in China, Malaysia, Mauritius, Sri Lanka and Vietnam, Esquel manufactures over 100 million . {{ userNotificationState.getAlertCount('bell') }}. This information contains a summary of each deal by type, rationale, and financials Civic Exchange is a company with limited liability and a registered charity in Hong Kong. Group Financial Results - Investec Thanh Metta - Ho Chi Minh City, Vietnam - LinkedIn Compare your subscription options for market research, forecasts and A REPRESENTATIVE LIST OF ORGANIZATIONS THAT HAVE USED OUR RESEARCH PRODUCTS: Your tool is very comprehensive and immensely useful. When it comes to environmental impact the planet pillar of its strategy Esquel claims to have invested over US$150m over the last ten years in managing its water and energy consumption, including a wastewater treatment plant that processes more than 5,000 tons of water every day. digitGaps report on Esquel Group Limited delivers a detailed in-depth and comprehensive insights of the company, its history, corporate strategy, its businesses and structures, and company operations by examining its performance in local market and global economy. Esquel Group, garment supplier to Tommy Hilfiger and Nike, says it's Esquel harnesses technology to transform its operations and commercialize its innovations. Plunkett Research Online is an excellent resourcethe database contains a wealth of useful data on sectors and companies, which is easy to search and well presented. At Esquel, we seek to provide quality employment that creates opportunities for all. Your leadership and example in helping to protect our environment while creating a space for the public to relax and appreciate mother nature is commendable. Jul 06, 2021, 12:00 ET. At the same time, a new approach helped establish trusting relationships with the customers due to the satisfaction of their needs and wants. Notre histoire remonte 1949 et notre entreprise continue se dvelopper sur un socle de valeurs fortes. Ideally, readers should be able to scan through the document and get the information they need. Lets kick start our work at full strength! Departments of Commerce, State, Defense, Energy, and Treasury. Purchase this report to inform your strategy, marketing, planning, sales and competitor intelligence functions, thus enabling you to formulate strategies that augment your business. Our report will get you access to elaborate information on the companys financial deal which will help you understand key deals. Accounting Mini-series. Instead, we are actually giving mandates to our factory general managers to try to increase the salary or our workers, rather than reduce the salary. Esquel Group case study .docx - STANFORD CASE STUDY (ESQUEL This report contains Esquel Group Limited company and market share data which will help you understand the detailed picture of company's financial position. Do you think this impacts the way the group is . NN Group's Annual Report is available for download at www.nn-group.com/annual-report. SDG 6: Ensure availability and sustainable management of water and sanitation for all. There is a call for computer vision. From there, we also illustrated how people work harmoniously with nature. Company share by region and sector, and company structure Esquel Group on LinkedIn: #esquel #makingadifference #45thanniversary # Financial Reports. Esquel Group (Chinese: ) is a Hong Kong-based textile and apparel manufacturer. Responsible Labor Report: 2022-2023 | Morgan Lewis - JDSupra The workers union FTZ & GSEU and its allies in the CCC global network are calling on Esquel and on companies and brands that have or used to have a business relationship with Esquel Sri Lanka to ensure that the workers receive their full legal compensation and are offered reemployment opportunities by the new owners, orwith their other suppliers in Sri Lanka. Forced Labor: Hugo Boss Buys From Company Tied To Xinjiang - BuzzFeed News As a knowledge-based innovation company, we believe our employees are our greatest assets. I hope to see it one day when it is safe to travel again. Teething issues such as inconsistent procedures and uneven cycle times per machine caused colleagues to grumble from the unstable workload. By way of explanation, he sets out some alarming numbers. Esquel (Mauritius) Ltd has a manpower of 2710 comprising of both local and foreign employees from Bangladesh, Madagascar, Nepalese, Sri Lankans, Malaysians and Indian. Well done! It is the world's largest woven shirt maker, producing about 100 million shirts annually. Analysis of prospects, locations and subsidiaries Were looking at the education level of our supervisors as a KPI that we need to constantly improve. One white T-shirt developed by the company and currently on sale in its stores uses 84% less water, 85% less chemicals, and 17% less energy than comparable products. Colleagues showed their talents through stunning performances. PDF. Company Headcount: List of key employees as well as the headcount of the company, hierarchy They report that some major employers in the sector are already refusing to hire former Esquel workers affiliated with the Free Trade Zones & General Service Employees Union (FTZ & GSEU). Elton PD001--1463 The jury of the Awards praised Integral for its efforts to minimize impact on the natural surroundings and context and believed that the quality of Integrals internal working environment has set a high industry standard. Moreover, data from free sources is not as complete and concise as the information from digitGaps, 5.1 digitGaps aggregate and package content from multiple, and disparate providers. This means investing in the growth of each individual by empowering our workforce with the appropriate skills, tools, and a modern workplace experience, while also prioritizing the safety and wellbeing of our employees and their families. Also tapping into its future vision is research and development into automation, because now the development of technology has got to a point where its much cheaper to replace some of the manual work by automation and robots., On our factory floor you will see a lot of robotic arms in operation; you will see drones, automatic guided vehicles, and one worker simultaneously working on a few machines, easily improving the productivity of workers by two or three times.. We strive to achieve One Esquel One Team through our happiness culture! The company had requested permission from the Commissioner General of Labour to terminate the workers contracts. 2002 Research Report Measuring Sustainability: A Snapshot of a Hong Kong Company - the Esquel Group By 3 June 2002 The concept of sustainability has become more familiar in Hong Kong but the discussion of how organisations can become more sustainable in terms of economic, environmental and social performance is still at an early stage. Our annual dinner in Hong Kong was successfully held last Saturday. For more details, please read the article here. PDF. And thats not including the social aspect, such as low wages and poor working conditions. Corporate websites Share your feedback. Looking at the ex-factory unit cost of a piece of apparel (across the entire supply chain, including spinning, weaving, knitting, dyeing), labour accounts for only 25%. Financial Reports - CLP Group But its focus is not on the cost of this labour, rather the productivity they can generate. More inspiring contributions from Esquel Group! NN Group published 2021 Annual Report The company also has a collection of plant-based natural dye products that reduce chemical usage by 60%, water by 43%, and steam by 41%, it says. Koggala factory garment workers during a work stoppage in November 2021, Statement on the closure of two Sri Lankan factories amid severe financial crisis. Lets take the opportunity to explore the beauty of Integral through this Chinese New Year greetings series. Registered in the State ofDelaware. One year down the road this app has been used 16,936 times and has saved over 128,000 km travelled, 12,871 litres of gas and 29.6 tons of carbon dioxide emissions. Esquel's vertically-integrated operations, extended from cottonseeds to shirts, ensure the highest quality in every step of the apparel manufacturing process. I am very impressed, I have to say! #EsquelGroup #MakingaDifference #Integral #Sustainability #HKIAAnnualAwards #Guilin #SustainableDevelopmentGarden #rlp. The approximately 300 workers who did not agree to resign are legally obliged to stay on the payroll until the Commissioner General of Labour rules on the termination of their employment contracts, but have had their annual bonuses cut, in violation of earlier agreements reached with the union, in a clear act of retaliation by Esquel. Professionals, Investors, Researchers and Academician who are interested in gaining key information about Esquel Group Limited, this report is a crucial source to them. Esquel Group is one of the few large textile manufacturing groups to do so. Journalist coverage / News stories Thanks for the opportunity for us to showcase our Esquel story. On this Wikipedia the language links are at the top of the page across from the article title. Esquel's Commitment to Xinjiang As a knowledge-based innovation company, Esquel Group operates through our distinct business groups. This will be a major resource for our serious job seekers. Phone: 852-2811-8077Fax: 852-2960-6988Address: 25 Harbour Rd., Harbour Center, Fl. Under pressure from management, some of the workers agreed to sign voluntary resignation agreements with the understanding that they would receive more than their legal entitlement as promised by the company in writing, but with no financial details provided to justify the closure. #3ddesign #DPC #digitaltwin, Senior CSR & Sustainability Manager at foodpanda, Another successful lunch & learn experience at Colliers with more than 100 foodpanda reusable boxes! Workers suspect that the factories will be reopened with new owners, but fear that union members and supporters will not be rehired. Press release. Founded in 1978, Esquel was privately owned by the Yang family and had become one of the world's largest cotton-based textile and apparel manufacturing companies, producing more than 100 million shirts annually since 2012. It will enhance your understanding of internal and external factors which might impact your industry #Esquel#MakingADifference#Lunarnewyear2023, How should a firm go beyond financial measures to create a more environmentally sustainable and socially responsible future? In 2005, Esquel's internal supply chain had covered all the main steps in the garment-manufacturing process, from cotton farming to manufacturing final garments and accessories. Detailed intelligence on Competition: Insights on key competitors The firms vertically integrated operation starts in China where it oversees cotton farms. If you can't read this PDF, you can view its text here. This annual report matches the Red and Black design set. 13Hong Kong, Hong Kong 999077 Hong Kong. Esquel has a long history of union busting and discrimination against union activists. Annual report (Red and Black design) Use this annual report template to create a report for your business. WASHINGTON July 6, 2021 Today, Esquel Group, the Hong Kong-based textile and apparel manufacturer, has filed a lawsuit in the United States District Court for the District of Columbia seeking relief from the economic and reputational harms caused by the placement of its subsidiary, Changji Esquel Textile Co. Ltd., on the U.S. We started this about ten years ago, and since then about 1500 households have benefited from the programme. No credit card required. Winston Szeto - Senior Manager, APAC Digital Experience Analytics Most of the times the information our customers are looking for is not readily available in an off-the-shelf market research publication. Esquel Group | LinkedIn Some types of businesses must prepare and file an annual report by . ", Didn't find the company in our repository? Legal Structure and Ownership: Synopsis on companys shareholders outlining the legal structure and ownership Over the years, Esquel has grown from a shirtmaker to a total solutions provider in textiles and apparel, a curator in industrial . Its products include cotton, yarn, cotton yarn dyed woven fabric, and knit fabric such as piece dyed, yarn dyed, and heather. ESOP. The geographic presence in different regions can act as one of the major strength of the organisation. Over the course of the past 10 years weve managed to reduce the energy consumption by 45% per piece of garment produced; and reduced the water consumption overall by 64%..