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Inditex response to Facing Finance rejoinder

Inditex has instituted significant supply chain transparency measures to ensure that suppliers and manufacturers comply with Inditex Code of Conduct as follows...As part of the Global Framework Agreement between Inditex and IndustriALL Global Union, Inditex shares on a regular basis with IndustriALL the full list of names, locations, orders and level of compliance with the Code of Conduct of its suppliers and factories at all tiers and all processes...Inditex publishes every year in its Annual Report relevant information and KPIs in order to inform stakeholders about the policies and programmes the company has in place to ensure the sustainability of the supply chain...Inditex’s sustainability practices and transparency are also evaluated externally...Inditex integrates sustainability as a core value to the business model. In this sense, the company counts with a Strategic Plan for a Stable and Sustainable Supply Chain 2014 – 2018 within which traceability is the cornerstone...

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