Caring about people
Our social responsibility
Our strategy has always focused on working with a limited number of suppliers and developing strong, long-term relationships so we can make responsible sourcing a reality.
From the outset, we established robust policies outlining our commitments to human rights and environmental due diligence, making clear the standards we expect our suppliers to adhere to. Over the years, we have developed several internal tools and mapped and collected site-specific data, laying the groundwork for our ongoing due diligence processes. In the factories, we reviewed our approach to audits and reports, we developed stronger processes and management tools, and we placed more focus on Corrective Action Plans (CAPs) and the resolution of potential issues.
Community engagement
Beyond striving for safe and equitable working conditions and fair remuneration in our partner factories, we also aim to contribute directly to the social and environmental prosperity of local communities.
In 2020, our management and Board of Directors decided to allocate a percentage of Stanley/Stella's annual operating profit to a 'Stanley/Stella Fund' to support initiatives for the environment and community-based projects. This fund is operated in collaboration with the King Baudouin Foundation, whose mission is to facilitate philanthropic and charitable initiatives by individuals and companies. Through the Stanley/Stella Fund, we give back to the communities that are close to the cotton fields, close to our partner factories, or close to our operations in Europe.