ESG REPORT FISCAL YEARS 2022–2023
Our best today, better tomorrow

01	 About 
02	 A message from our CEO 
04	 A message from our Co-Founder 
and Chief Creative Officer 
05	 About GUESS 
09	 ESG Reports
10	
ACTION GUESS
12	 Environment
13	
Environment introduction
14	
Climate
17	
Responsible materials and products
24	 Circular economy, packaging, 
and waste
27	 Chemicals, pollution, and 
water stewardship
30	 Nature and biodiversity
32	 Social
33	 Social introduction
34	 Supply chain responsibility 
and labor rights
41	
Diversity and inclusion
45	 Employee wellbeing and engagement
51	
Customer engagement 
54	 Community investment
56	 Governance 
57	 Governance introduction
58	 Governance and business ethics
62	 Responsible marketing
63	 Data security and privacy
65	 Appendices
66	 Materiality
68	 Management of material topics
75	
Stakeholder engagement
77	 ACTION GUESS & Goals
79	 About our report
80	 Independent accountants’ report
81	
ESG data summary
94	
GRI index
100	 SASB index
103	 Supplemental KPIs and criteria
104	 Methodological statements
107	 Glossary of terms
108	 Forward-looking statements
We are committed to becoming a worldwide 
leader in the fashion industry by listening and 
responding to the needs of our stakeholders, and 
by continuing to give back to the community, 
support humanity, and protect the environment.
Visit our online sustainability hub 
to see how we are leading the way 
sustainability.guess.com
“Our best today, better tomorrow” 
is a quote from American journalist 
Ben Bradlee
GUESS campaign, spring 2023; Capri, Italy.
Dress is made of recycled polyester.
ESG REPORT FISCAL YEARS 2022–2023
01

Leading the change, 
paving the way
Dear GUESS stakeholder,
At GUESS, we firmly believe that advancing our 
purpose‑driven sustainability commitments is integral 
to the wellbeing of our people, the health of our planet, 
and the ongoing success of our business. 
We are pleased to share our FY2022–2023 ESG Report 
(available at sustainability.guess.com), which details our 
approach to sustainability, our recent achievements, and 
our ambitions for the future. For well over a decade, GUESS 
has embedded environmental, social and governance 
priorities into all aspects of our business – and we couldn’t 
be prouder of the progress we have made as a result. 
While the past two years have been defined by 
unprecedented crises and formidable challenges, our 
commitment to our stakeholders has been unwavering. 
Now more than ever, it is critical that we work with 
urgency to combat the far-reaching effects of the 
pandemic, the climate crisis and human rights issues across 
our world. GUESS has long prioritized and invested in 
policies and practices to address these head on, and as 
we look ahead, we are confident that our Company 
remains poised to pioneer new industry best practices 
in sustainable apparel.
We continue to anticipate a more heavily regulated 
environment for ESG practices, with an increased focus 
on transparency, integrity and accuracy in reporting 
ESG data. GUESS has fully embraced this industry-wide 
call for continued improvement and growth in sustainability 
and the opportunity to enhance our reporting. 
In this report, we are excited to highlight the outcomes of 
our first-ever “double materiality assessment”, our ongoing 
efforts to reduce carbon emissions, our commitment to 
using sustainable materials, and our dedication to fair 
treatment and pay parity. We know that today’s consumers 
want to both look good and feel good about what they’re 
buying. That’s why we’re proactively expanding both our 
eco-collection and new upcycled line to give GUESS 
customers a wider range of exciting, sustainable options 
to choose from.
A MESSAGE FROM OUR CEO, CARLOS ALBERINI
Carlos Alberini
Chief Executive Officer 
and Director, Guess?, Inc.
GRI 2-22
ESG REPORT FISCAL YEARS 2022–2023
02
ABOUT
ENVIRONMENT
GOVERNANCE
APPENDICES
SOCIAL

A MESSAGE FROM OUR CEO, CARLOS ALBERINI continued
We are proud to share that within our organization we 
have achieved gender pay parity across the United States, 
Canada, Europe, and Asia, and are actively working 
towards enhancing diversity and inclusion. We also 
established new credit facilities in collaboration with UBS 
Bank and Bank of America, N.A., with key performance 
indicators (KPIs) directly linked to our ESG Goals, 
reinforcing our dedication to integrating ESG into our 
financial strategy. Key ESG metrics and disclosures 
contained in our FY2020-2021 Sustainability Report were 
subjected to an examination engagement by KPMG and 
became one of the first in the fashion industry to obtain 
reasonable assurance. Additionally, for this reporting 
period, we engaged a third party to conduct a double 
materiality assessment as it relates to ESG, and including 
the potential impact of climate change on the financial 
health and outlook of our company. This has allowed us to 
strategically shape and refine our approach to refreshing 
our ESG Strategy and establishing key milestones.
At GUESS, we continue to evolve the way we do business. 
We are intentional and thoughtful about the actions we 
take to enhance our operations and policies and deliver 
ongoing benefits for our stakeholders. It’s both an honor and 
a privilege to be a part of a company that wholeheartedly 
embraces its role in being a part of the solution. I know 
there are many significant and exciting developments to 
come on our sustainability journey, and we look forward 
to the path ahead for GUESS.
Carlos Alberini
Chief Executive Officer and Director, Guess?, Inc.
“With more than a 
decade of experience 
prioritizing sustainability 
across all aspects of our 
business, GUESS looks 
to the future to pioneer 
new best practices for 
sustainable apparel.”
Visit our online hub to see how we are 
continuing our sustainability journey 
sustainability.guess.com
Paul and Carlos, Store Managers Meeting  
(Los Angeles HQ), May 2023.
GRI 2-22
ESG REPORT FISCAL YEARS 2022–2023
03
ABOUT
ENVIRONMENT
GOVERNANCE
APPENDICES
SOCIAL

GRI 2-22
What do 
we stand 
for at 
GUESS? 
A MESSAGE FROM OUR CO-FOUNDER AND CHIEF CREATIVE OFFICER, PAUL MARCIANO
Paul Marciano
Co-Founder and Chief 
Creative Officer,
Guess?, Inc.
We’ve learned from stakeholders that pollution, climate, and 
human rights are at the top of the list when it comes to issues 
they’d like us to address. Our challenge is to make sure that 
GUESS contributes to the world our customers want to see. 
Without compromising on our signature flair, we are finding 
new ways to make sustainability sexy! Through innovation 
and conscious design choices, we strive to create apparel 
that not only looks good but feels good – both for our 
customer and the planet we call home.
Our ESG initiatives have touched almost every aspect of our 
business, from the products that we offer to the customer 
experience that we provide, including all channels of 
distribution, all global markets and all 25 of our product 
categories. To ensure transparency and accountability, we 
have implemented rigorous standards throughout our supply 
chain, carefully vetting our partners and suppliers. By forging 
strong relationships with like-minded organizations, we aim 
to foster an ecosystem where sustainability is a shared goal.
Our brand and the GUESS Family are true to our roots, and 
that will never change. Our commitment to sustainability 
extends beyond our immediate operations. We recognize 
the immense influence we wield as an established company, 
and we are resolved to use our platform to inspire positive 
change. As we reach new sustainability heights, we’re 
bringing every GUESS customer with us because I believe 
that style and sustainability go hand in hand. I am very proud 
of our teams and couldn’t be more excited about the future.
Paul Marciano
Co-Founder and Chief Creative Officer, Guess?, Inc.
Paul on GUESS campaign set, 
spring 2023; Capri, Italy.
Since 1981, GUESS has been all about style, creativity, and 
passion. My personal passion has been to create clothes that 
bring out the most confident side of every man and woman. 
As we enter our 42nd year of business the world is changing 
and the climate crisis progressing, it becomes increasingly 
important for customers to not only feel confident in the 
clothes they wear, but to know that the clothes they buy are 
not contributing to the harm of our environment. I would like 
to emphasize our unwavering commitment to sustainability 
– a commitment that runs deep in the very fabric of 
our company. 
ESG REPORT FISCAL YEARS 2022–2023
04
ABOUT
ENVIRONMENT
GOVERNANCE
APPENDICES
SOCIAL

ABOUT GUESS
Building on 
our heritage
Mixing Hollywood glamour with French chic, GUESS 
continues to be a lifestyle brand that represents being 
young, sexy, and adventurous for more than 40 years.
Starting with the first stonewashed, slim fitting 3-Zip 
Marilyn jean, GUESS has been a trendsetter for different 
generations, led by the founding Marciano brothers. 
Since the beginning, the headquarters of GUESS has been 
located in Los Angeles, California. Today, products are 
designed globally in both our Los Angeles and European 
offices, before being made under carefully chosen 
manufacturing partners.
We design and market our apparel under numerous 
trademarks and brands including GUESS, Marciano, 
GUESS Accessories, GUESS Activewear, GUESS Kids, 
GUESS Factory, G by GUESS (GBG), GUESS Jeans 
U.S.A., GUESS Originals, GUESS Home, GUESS ECO 
and Consciously Constructed.
GUESS is a lifestyle brand with a full range of denim, 
apparel, jewelry, fragrance, home goods and accessories 
designed and marketed in about 100 countries around 
the world, employing 12,000 people. 
As of January 30, 2023, the company had 941 retail 
locations across the Americas, Europe, and Asia. The 
company’s partners and distributors additionally operate 
667 retail and outlet stores in different parts of the world. 
For full information and details on our financial 
performances, please refer to the FY2023 Annual Report 
(10-K and Proxy statement). We are proud to have been 
listed on the New York Stock Exchange (NYSE: GES) 
since August, 1996.
	» Read more about our brands on page 8
Employees
12,000
Established
1981
Countries served
100+
Global stores* 2022
1,631
Global stores* 2023
1,608
* 	 Global stores is direct operations, licensees, and distributors.
GUESS campaign, spring 2023; Capri, Italy.  
Men’s shirt is made of eco viscose.
GRI 2-1, 2-2, 2-6
Net revenue FY2023 (USD, thousands)
$2,687,350
Net revenue FY2022 (USD, thousands)
$2,591,631
ESG REPORT FISCAL YEARS 2022–2023
05
ABOUT
ENVIRONMENT
GOVERNANCE
APPENDICES
SOCIAL

USA
EUROPE
MEXICO
CANADA
GUATEMALA
ITALY
SWITZERLAND
TUNISIA
TURKEY
CHINA
INDIA
SRI LANKA
BANGLADESH
MYANMAR
(BURMA)
VIETNAM
INDONESIA
CAMBODIA
PAKISTAN
LOS ANGELES
MONTREAL
LUGANO
SHANGHAI
FLORENCE
Guess?, Inc., is a global fashion 
brand with headquarters in Los 
Angeles, Montreal, Lugano, 
Florence, and Shanghai, with a 
network of trusted suppliers stretching 
across the globe. Our presence is 
greatly represented by our retail 
stores: today there are over 1,600 
locations worldwide, ensuring the 
presence of GUESS on every 
continent. From our supply chain to 
each retail store, our GUESS Family 
keeps on growing!
Key
GUESS Stores in country
GUESS Headquarters 
and main locations
Main countries GUESS 
sources from
ABOUT GUESS continued 
GRI 2-1, 2-2, 2-6
ESG REPORT FISCAL YEARS 2022–2023
06
ABOUT
ENVIRONMENT
GOVERNANCE
APPENDICES
SOCIAL

ABOUT GUESS continued
Committed to becoming 
a worldwide leader in 
the fashion industry
GUESS Mission
At GUESS, we are committed to becoming a worldwide 
leader for sustainability in the fashion industry.
We deliver products and services of uncompromising quality 
and integrity consistent with our brand and our image. 
We are committed to listening and responding to the needs 
of our customers, associates, and business partners, and to 
honoring their individual values. 
We are dedicated to personal and professional enrichment 
through an environment of open communication, teamwork, 
trust, and respect. 
We continue to give back to the community, support 
humanity, and protect the environment as part of our 
responsibilities. 
We remain committed to an entrepreneurial spirit that 
fuels the growth of our company and increases 
shareholder value. 
Through principled leadership, we embrace diversity, 
and we cultivate strength, pride, and passion to align 
our personal lives with our professional lives.
GUESS Values 
1.	 Belief.
2.	Hope. Never 
give up.
3.	Destiny.
4.	Trust.
5.	Never forget 
your roots.
6.	Respect others.
GUESS Rules
1.	 Attitude.
2.	Common 
sense.
3.	Courage.
4.	Get things 
done.
5. 	Sense of 
urgency.
6.	Be a good 
teammate.
GUESS campaign, fall 2022; Quincy, California.
GUESS Values are strongly linked with the GUESS Rules:
GRI 2-1, 2-2, 2-6
ESG REPORT FISCAL YEARS 2022–2023
07
ABOUT
ENVIRONMENT
GOVERNANCE
APPENDICES
SOCIAL

ABOUT GUESS continued
GUESS
GUESS designs, markets, distributes, 
and licenses a lifestyle collection 
of contemporary apparel, denim, 
handbags, watches, footwear, and 
related consumer products. GUESS 
products are distributed through 
branded GUESS stores as well as 
department and specialty stores 
around the world.
GUESS Kids
GUESS Kids leads in tween, kids, 
and baby apparel, providing 
eye-catching fashion for the next 
generation of trendsetters. A global 
brand designed in Europe, GUESS 
Kids is the first tween/kids brand to 
offer flash collections to its global 
customers, delivering the latest 
trend-defining styles. 
GUESS Accessories
GUESS Accessories and GUESS 
stores sell GUESS and Marciano-
labeled accessory products, such 
as handbags, watches, footwear, 
eyewear, fragrance, jewelry, 
and other accessories.
GUESS Factory
GUESS Factory follows suit in true 
GUESS style with apparel and 
accessories at must-shop prices. 
GUESS Factory designs, markets, 
and distributes full collections of 
men’s and women’s apparel as well 
as accessories. 
GUESS Originals
Powered by the past, improved by 
the future. GUESS Originals is a 
heritage-inspired division that aligns 
to contemporary fits and fabrications. 
Collections are created to serve 
an emerging customer base with 
marketing and experiential moments 
to support strategic retail partners.
GUESS Activewear
Designed to maximize performance, 
comfort, and style, GUESS Activewear 
is both technical and fashionable 
in its approach to athleisure.
GUESS Jeans U.S.A.
Designed in Los Angeles and drawn 
out of the rich archives of the ’80s 
and ’90s. Carefully curated each 
season, GUESS Jeans U.S.A. is the 
top-tier division of GUESS, featuring 
iconic and timeless designs and 
premium essentials. GUESS Jeans 
U.S.A. leans into collaborations with 
cultural opinion‑leading artists. 
Marciano
Marciano, the first brand extension 
from GUESS, follows suit in true 
GUESS style with apparel and 
accessories on the edge of the 
fashion forefront. This contemporary 
runway-inspired collection, designed 
for the fashion-forward woman 
and man, is sexy with an elegant, 
sophisticated style that represents 
pure glamour in everyday fashion. 
GBG
Vintage California lifestyle makes 
GBG fashion for the next generation. 
GBG was created for young, hip, 
and trendy men and women with 
an eye for the freshest looks and 
hottest styles. 
GUESS Home
Exclusive GUESS Home décor 
collection, rounding out the brand’s 
360-degree approach to offering 
proposals that add a sprinkle of 
distinctive GUESS glamour, not only 
in the wardrobe department but 
also in our homes.
Our global 
lifestyle brands
GUESS ECO
Our collection of environmentally 
conscious clothing, is made with 
less water, fewer chemicals, and 
sustainably sourced fabrics. 
Organic cotton, polyester recycled 
from plastic water bottles, and 
cellulose fibers from sustainably 
managed forests are just a few of 
our more sustainable materials.
CONSCIOUSLY 
CONSTRUCTED
Our environmentally conscious 
collection of GUESS Factory 
off-price products, is made using 
at least 20% of more sustainable 
materials that satisfy minimum 
requirements as set by our 
internal guidelines.
OUR BRAND
LOGISTICS
CUSTOMERS
PEOPLE &
CULTURE
DESIGN
SOURCING
SUPPLIERS
GUESS.COM
STORES
LICENSEES
WHOLESALE
DIRECT OWNED
We serve the style-conscious consumer through the iconic GUESS 
brand and nine brand extensions. We deliver this through the hard 
work of our in-house teams which design, source, market, distribute, 
and sell our products. With our products manufactured by a network 
of suppliers around the world, the impact of our value chain is 
far-reaching, and we recognize the people who contribute to our 
business throughout the supply chain, from raw materials to fabric 
mills to the final product.
GRI 2-1, 2-2, 2-6
ESG REPORT FISCAL YEARS 2022–2023
08
ABOUT
ENVIRONMENT
GOVERNANCE
APPENDICES
SOCIAL

ESG REPORTS
ESG Report milestones
2014
Introduction 
Americas
•	Introduced sustainability to 
the company
•	Established GRI reporting system
•	Limited assurance
FY2016–2017
Getting started 
Americas, Europe
•	First sustainability plan
•	First global carbon footprint
•	GRI pioneers 
•	Limited assurance
FY2018–2019
Progress and alignment
Americas, Europe, Asia
•	Special targets and progress
•	Industry alignment: CDP, HRC, 
circularity
•	Reporting best practice
•	Limited assurance
FY2020–2021
Industry leadership
Americas, Europe, Asia
•	Leadership in reporting
•	First long-term sustainability 
strategy – VISION GUESS
•	Established SASB reporting 
•	Introduced our Sustainability 
Assurance Framework
•	Reasonable assurance
FY2022–2023
Industry innovation
Americas, Europe, Asia
•	Leadership in reporting
•	Double materiality assessment
•	Improved Sustainability 
Assurance Framework
•	Updated to GRI 2021 reporting
•	Update of ESG strategy
•	Reasonable assurance
ESG REPORT FISCAL YEARS 2022–2023
09
ABOUT
ENVIRONMENT
GOVERNANCE
APPENDICES
SOCIAL

ACTION GUESS
Our best today,
better tomorrow
ACTION GUESS, our ESG Strategy, isn’t just something 
we do, it’s who we are. At GUESS, we believe that fashion 
and sustainability go hand in hand. We have worked to 
ensure that in all things we do, we respect the environment, 
we are good teammates, and we get things done. From 
that space of care and commitment, ACTION GUESS was 
born. Our customers want to look good; they want to feel 
good, and they want to know that the clothes they wear 
don’t come at the cost of the planet. We have listened to 
investors, customers, suppliers, and our team of employees 
to get a clearer picture of what matters to them. ACTION 
GUESS is setting the mark for the goals we all have, goals 
that will help us reach a better, brighter tomorrow. While 
focusing on the environment, social, and governance 
pillars, we have set ambitious targets to continuously 
challenge ourselves to step into the future. With industry 
best practices and the UN Sustainable Development Goals 
as our guide, we dreamed up a plan to be a partner in the 
solution through our business, our supply chain, and how 
we connect with our consumers.
Awards and recognition
Sustainability is weaved into everything we do at 
GUESS – making fashion that doesn’t compromise 
our people or our planet. We are proud of our entire 
business when these efforts are recognized externally. 
•	Finalist at Reuters Events© Responsible 
Business Awards 2022 for the Reporting 
and Transparency Award – Since the launch 
of its first sustainability plan in 2016, GUESS 
has continued to evolve its sustainability targets, 
integrating them into the core of the business. 
The company’s sustainability work has been 
designed to create growth opportunities for 
the corporation’s associates, suppliers, the 
company, and the communities it serves. 
•	GUESS recognized as Supplier 
Engagement Leader by CDP – GUESS is 
proud to announce that the company has been 
recognized among the top 8% for supplier 
engagement on climate change, focusing on 
our role in addressing their environmental 
impact and driving the transition to a net-zero 
sustainable economy across our supply chain. 
GRI 2-23
ESG REPORT FISCAL YEARS 2022–2023
10
ABOUT
ENVIRONMENT
GOVERNANCE
APPENDICES
SOCIAL

ACTION GUESS continued
Respect nature
For GUESS, being a sustainable company means showing the utmost respect for 
nature. We recognize the fashion industry’s impact on the environment and take 
active steps to address these impacts. As we walk into the future, we will continue 
to innovate in the sustainability sphere, creating new pathways to reduce our 
footprint, encourage a circular economy, and choose materials wisely.
Be a good teammate
GUESS believes that our company represents a family. From our supply chain 
partners to our store associates, we work tirelessly to create a workforce that 
is inclusive and fair, where everyone can thrive. Being a good teammate is 
about treating people well. We do that by promoting equality, diversity, 
education, and awareness. 
Get things done
At GUESS, we value good governance, because doing things the right way is 
just as important as doing them well. We work within our ecosystem each day 
to build mutual trust from the supply chain to our stores. By holding ourselves 
to the highest standards of performance and equality, we align all levels of our 
company to the GUESS values of excellence and integrity.
	» See page 66 for more information on our double materiality assessment and page 75 for stakeholder engagement
•	Climate 
•	Responsible materials and products
•	Chemicals, pollution, and 
water stewardship
•	Circular economy, packaging, 
and waste 
•	Nature and biodiversity 
•	Supply chain responsibility 
and labor rights
•	Diversity and inclusion 
•	Employee wellbeing 
and engagement 
•	Governance and business ethics
•	Responsible marketing
•	Data security and privacy
	» Read more on pages 12–31
	» Read more on pages 32–55
	» Read more on pages 56–64
ACTION GUESS 
ENVIRONMENT
SOCIAL
GOVERNANCE
ESG REPORT FISCAL YEARS 2022–2023
11
ABOUT
ENVIRONMENT
GOVERNANCE
APPENDICES
SOCIAL

GUESS campaign, spring 2023; Capri, Italy.  
Men’s jacket is made of organic cotton; Women’s tops are made 
of recycled polyester and pants made of organic cotton. 
Respect 
nature
ENVIRONMENT
ABOUT
ENVIRONMENT
GOVERNANCE
APPENDICES
SOCIAL
12
ESG REPORT FISCAL YEARS 2022–2023

ENVIRONMENT INTRODUCTION
Committed to being a part of the solution
Key topics 
Climate
	» Read about on pages 14-16
Responsible materials and products
	» Read about on pages 17-23
Circular economy, packaging, and waste
	» Read about on pages 24-26
Chemicals, pollution, and water stewardship
	» Read about on pages 27-29
Nature and biodiversity
	» Read about on pages 30-31
Taking care of our planet and respecting our 
environment are essential parts of the way 
GUESS does business. Through our operations 
and supply chain, we are committed to 
expanding our assortment of apparel that 
has a lower impact on our environment. 
The majority of environmental impact occurs 
in the supply chain process, and one of the 
most effective ways we can reduce our footprint 
is through our choice of materials. This is why 
at GUESS, we consciously choose materials 
produced with less water usage, fewer 
chemicals, and that are sustainably sourced. 
In truth, we don’t yet know all the ways our 
environment can be negatively affected, but 
we’re committed to being a part of the solution. 
We take a precautionary approach to 
developing products, striving to protect the 
environment even in the absence of scientific 
certainty or regulatory requirements.
This world belongs to us all, and at GUESS 
we are determined to do our part to keep 
our planet safe.
Sustainable Development Goals
We align with SDG 6 Clean Water and 
Sanitation, SDG 12 Responsible Production 
and Consumption and SDG 13 Climate Action 
of the UN 2030 Agenda. We are committed to 
reducing our carbon footprint through a science-
based approach, and by incorporating climate 
risks into our strategic thinking; we place great 
focus on circularity and the sourcing of responsible 
materials for our collections; we maintain a strong 
commitment to water-saving practices in our 
production; and we are increasing our efforts 
to protect nature and preserve biodiversity.
ABOUT
ENVIRONMENT
GOVERNANCE
APPENDICES
SOCIAL
13
ESG REPORT FISCAL YEARS 2022–2023

CLIMATE
Working in synergy 
with our customers, 
suppliers, investors, 
and associates to 
reduce our impact
GUESS recognizes the impact the fashion 
industry has on the environment and climate 
change. We are committed to addressing that 
impact by reducing greenhouse gas (GHG) 
emissions across our operations and supply 
chain, working with suppliers, and identifying our 
climate risks and opportunities.
Goals
•	Reduce Scope 1 + 2 GHG emissions 
by 50% vs baseline FY2019 (2030)
•	100% renewable electricity in company 
operated facilities (2035)
•	Reduce Scope 3 GHG emissions by 30% 
vs baseline FY2019 (2030)
•	Climate Positive: exceeding carbon neutrality 
by removing additional CO2 from atmosphere 
(2035)
•	Announce roadmap to achieve SBTs (2024)
GUESS Via del Corso  
Rome, Italy.
ABOUT
ENVIRONMENT
GOVERNANCE
APPENDICES
SOCIAL
14
ESG REPORT FISCAL YEARS 2022–2023

40,785
43,001
(+2,216)
33,514
(-7,271)
20,544
(-20,241)
20,295
(-20,490)
463,162
445,802
(-17,360)
303,743
(-159,419)
524,296
(+61,134)
385,077
(-78,085)
Reducing our carbon footprint 
In our FY2020-2021 Sustainability Report, we announced 
that our greenhouse gas emissions reduction targets were 
approved by the Science Based Targets initiative (SBTi) 
that recognizes our commitment to reducing our absolute 
emissions by 50% across Scope 1 and 2 and by 30% in 
Scope 3 (Category 1 – Purchased Goods and Services) 
by 2030 from our FY2019 baseline. 
Our previous goal on Scope 1 and 2 energy intensity 
reduction of 15% from baseline FY2016 was achieved 
in FY2021 and therefore no longer put forth again. 
Our SBTi goals are now based on FY2019 baseline. 
The base year was chosen in accordance with the 
GHG Protocol guidance for tracking emissions over 
time as Management believes FY2019 provides an 
accurate reflection of our overall emissions profile, 
boundaries and current methodology. The Scope 2 
indirect emissions for the base year were calculated 
using the market-based methodology.
We are proud to be a Business Ambition for 1.5°C 
campaign member and a signatory of the Fashion Industry 
Charter on Climate Action, part of the UN Framework 
Convention on Climate Change. The Charter is guided 
by its vision to drive the fashion industry to net-zero 
greenhouse gas emissions no later than 2050 with 
the aim of keeping global warming below 1.5°C.
Since FY2019, we have reduced our Scope 1 and 2 GHG 
emissions (market based) by 50% by making our stores 
1	 Certificates included guarantee of Origin in EU, I-RECs in China, REGO in UK, 
RECs in North America.
GHG Emissions 
Scope 3 (Category 1 – Purchased Goods and Services)
CLIMATE continued
GRI 302-1, 302-4, 305-1, 305-2, 305-3, 305-5
more energy-efficient while increasing our use of 
renewable energy through the purchase of renewable 
energy credits (RECs)1. In fact, from FY2022, GUESS 
partnered with an external provider to purchase 
renewable energy attribute certificates across multiple 
markets to reduce our Scope 2 emissions. As a part of 
setting our new roadmap to achieve our SBTs, we are 
continuing to develop our renewable energy purchasing 
strategy in FY2024, which we will share publicly next year. 
This strategy will set out our plans to reduce the number 
of credits we buy, and plans to implement a thoughtful 
and impactful renewable energy purchasing strategy.
Focusing on our apparel Purchased Goods and Services, 
we have committed to reducing Scope 3 emissions by 30% 
against our FY2019 baseline by 2030 as part of our SBTs. 
GHG Emissions
Scope 1 and Scope 2 (Market Based)
GHG in 
MTCO2e
(reduction vs. 
FY2019)
GHG in 
MTCO2e
(reduction vs. 
FY2019)
GHG emissions 
reduction 
% reduction 
vs. FY2019
GHG emissions 
reduction 
% reduction 
vs. FY2019
-50% (2030 TARGET FOR GHG REDUCTION)
-30% (2030 TARGET FOR GHG REDUCTION)
FY2019*
FY2019*
+5%
-4%
-18%
-34%
-50%
+13%
-50%
-17%
FY2022
FY2022
FY2023
FY2023
FY2020*
FY2020*
FY2021*
FY2021*
-17%
Scope 3 (Category 1 – 
Purchased Goods and 
Services) emissions 
reduced by 17% 
since FY2019
Many of the decisions we make on a day to day basis 
can impact Scope 3 emissions, so we will continue to 
make educated choices in terms of the materials we use, 
sustainable product design, and increased durability for 
our products.
In FY2022 GUESS saw its Scope 3 (Category 1 – 
Purchased Goods and Services) emissions increase 
proportionally with the increase in production and sales 
during that same fiscal year. For FY2023, to evaluate 
their impact, we took into consideration the switch to 
environmentally preferred materials on our Scope 3 
emissions. A more detailed and thoughtful strategy will 
be disclosed in 2024. 
-50%
Scope 1 and 2 emissions 
reduced by 50% since 
FY2019
*	 Prior periods are covered by previous KPMG 
assurance reports; FY2019 at the limited 
assurance level and FY2020-2021 at the 
reasonable assurance level.
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ESG REPORT FISCAL YEARS 2022–2023

CLIMATE continued
GRI 302-1, 302-4, 305-1, 305-2, 305-3, 305-5
CDP results
Reporting since 2018, GUESS is committed to continue 
responding to the CDP on an annual basis. The scoring 
of our climate change report ranges within the top tier, 
between “A” and “B”. Any variance is primarily due to 
more stringent scoring related to impact measurement in 
the supply chain and climate-related risks governance. 
We continue to strive for excellence in impact and reporting, 
both in this ESG Report and in our CDP responses. As part 
of our commitment to transparent reporting, we obtained 
reasonable assurance related to our Scope 1, 2, and 3 
GHG emissions prior to submission of our FY2022 CDP 
response. In addition, management’s assertion over 
FY2023 Scope 1, 2, and 3 GHG emissions was subject 
to KPMG’s assurance engagement, as described in the 
Independent accountants’ report on page 80. 
In the last CDP reporting period, GUESS was recognized 
on the Supplier Engagement Rating Leaderboard as being 
among the top 8% of companies for supplier engagement 
on climate change. The CDP Supplier Engagement Rating 
recognizes companies that are playing a crucial role in 
addressing their environmental impact and driving the 
transition to a net-zero sustainable economy across their 
supply chain. This rating is based on the four categories 
of governance, targets, reporting of Scope 3 emissions, 
and supplier engagement. 
Managing climate-related risks 
and opportunities
As a global brand in the fashion industry, our operations 
and supply chain are subject to various climate interruptions. 
Extreme weather can disrupt the typical cotton growing 
season, which critically affects our supply. To ensure our 
resilience to evolving times, we assess our climate-related 
risks annually. In addition, the global flexibility and diversity 
of our operations and supply chain help mitigate the risks 
of changing weather patterns in particular regions.
Reducing our carbon footprint continued
Total energy consumption (gigajoules**)
Renewable vs. Non-renewable energy consumption
40
40+6060+G
FY2023
450,000
400,000
350,000
300,000
250,000
200,000
150,000
100,000
50,000
0
FY2020*
414,071
FY2019*
378,954
FY2021*
343,455
FY2022
328,634
FY2023
347,767
28%
72%
28%
28% of the energy used was renewable in 
FY2023. GUESS started buying RECs in FY2022.
Renewable
Electricity consumption
Heating consumption
Non-renewable
Cooling consumption
Renewable energy credits
*	 Prior periods are covered by previous KPMG assurance reports; FY2019 at limited 
assurance, FY2020 and FY2021 at reasonable assurance.
**	Energy from all sources have converted to gigajoules in line with GRI requirements.
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ESG REPORT FISCAL YEARS 2022–2023

Goals
•	30% of GUESS global apparel materials 
portfolio will be environmentally preferred 
(2023)
•	75% of GUESS global apparel materials 
portfolio will be environmentally preferred 
(2030)
•	75% of all fibers used in men’s bags main 
material will be environmentally preferred 
(2025)
•	80% recycled or biobased polyester will 
be used for the apparel mainline (2025)
•	80% recycled or biobased polyester will 
be used for all apparel brands (2030)
•	80% regenerative, recycled, or organic cotton 
will be used for all apparel brands (2030)
•	75% of GUESS denim apparel mainline 
will be GUESS ECO (2030)
•	50% of GUESS all apparel mainline 
will be GUESS ECO (2025)
•	35% of GUESS apparel Factory mainline 
will be Consciously Constructed (2025)
•	50% of GUESS men’s bags will be 
GUESS ECO (2025)
Responsible 
materials and 
products
At GUESS, we are conscious of the 
environmental impact of the materials we use. 
Each material brings its own considerations, 
with cotton production requiring high water use; 
polyester being manufactured with non‑renewable 
petroleum products, and high carbon footprint; 
and manmade cellulosics carrying risks of 
deforestation. To increase our ability to innovate 
in Climate Positive fashion, it’s imperative we 
increase our sourcing of environmentally 
preferred materials. 
To that end, the impact of our clothing and the 
materials we use reach far beyond production. 
We must consider product transportation, the 
packaging we use, and what happens to our 
products at the end of their lifecycle. Having a 
well-rounded approach to responsibly sourcing 
materials and circularity of our products is an 
important part of our commitment to sustainability. 
RESPONSIBLE MATERIALS AND PRODUCTS
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RESPONSIBLE MATERIALS AND PRODUCTS continued
SASB CG-AA-440a.1
Responsible material sourcing
Our products are comprised of a wide range of natural, synthetic, and manmade materials. Each material carries its own unique social 
and environmental impacts as well as risks around the ability to source them consistently and reliably. For each of our main material types, 
we are finding lower impact alternatives:
Main materials
(top 3 materials by usage)
% of global material 
portfolio in FY2023 Alternative materials
Cotton – used to 
make our classic 
denim and logo tees
57%
We are making the move to using organic cotton, which avoids the use of pesticides and synthetic 
fertilizers that can be harmful to farmers, biodiversity, and soil.
Our goal is to use 80% regenerative, recycled, or organic cotton for all apparel brands by 2030.
Synthetics such as 
polyester, nylon, 
and spandex
30%
We plan to increase our use of recycled polyester in place of virgin polyester as it uses less energy 
and supports circular principles.
Our goal is to use 80% recycled or biobased polyester for apparel mainline by 2025, and for all 
apparel brands by 2030.
Manmade cellulosics 
such as viscose/rayon, 
modal, and lyocell
10%
To address deforestation risks associated with manmade cellulosics, GUESS uses more sustainable 
materials from producers Lenzing™ and Birla, which have pledged to manufacture viscose more 
sustainably. We aim to source all wood-based materials from only sustainably managed forests, 
sourcing materials certified by the Forest Stewardship Council (FSC) or the Programme for the 
Endorsement of Forest Certification (PEFC). 
Global materials portfolio
Percentage (number) of new suppliers screened 
using environmental criteria
65+
65+3535+G82+
82+1818+G
FY2022
65% 
(93 out of 143)
FY2023
82% 
(107 out of 131)
	» See Sustainable Vendor Rating on page 39 for additional information
57%
10%
<1%
30%
2%
<1%
*	 Includes alpaca hair, cashmere, linen, wool, mercerized wool, virgin wool, recycled wool, other hair.
GUESS campaign, spring 2023; Capri, Italy.
Women’s shirt made of recycled polyester 
and pants made of eco Tencel™; 
Men’s shirt is made of eco viscose.
FY2023
Cotton
Synthetic
Renewable fibers
Non-renewable fibers
Other – natural* 
Manmade Cellulosics (including Tencel)
Manmade non-renewable fibers (MMF)
Leather 
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ESG REPORT FISCAL YEARS 2022–2023

RESPONSIBLE MATERIALS AND PRODUCTS continued
SASB CG-AA-440a.1
Reduce vulnerability
To reduce vulnerability in cotton-growing regions, GUESS 
implements diversification strategies in sourcing practices. 
This approach considers direct concerns related to material 
production and indirect concerns related to garment 
production. By considering these various factors, GUESS 
aims to enhance supply chain resilience and minimize risks 
across all production stages.
From a material standpoint, GUESS focuses on exploring 
certified alternatives to conventional cotton, such as 
organic and recycled cotton, or other sustainable materials 
that can reduce the water footprint of cotton production. 
All responsible alternatives used are certified by standards 
that establish a consistent framework for evaluating materials.
As mentioned in the latest report published by the 
World Wildlife Fund (WWF) on June 5, 2023, titled 
“Benchmarking of Sustainability Standards used in Cotton 
Production”, it is crucial that sustainability efforts go beyond 
certification to ensure a holistic approach to improving 
sustainability throughout the entire cotton value chain.
As part of the risk assessment and in line with this 
approach, GUESS conducts a thorough assessment of 
its supplier base to gather information and evaluate the 
practices employed by its suppliers, with a specific focus 
on regions affected by water scarcity. The goal is to 
identify suppliers that demonstrate more sustainable water 
management practices and prioritize responsible water 
usage, contributing to mitigating the challenges posed 
by water scarcity in their regions.
Considering that denim production significantly impacts 
water use due to various manufacturing stages that require 
water, GUESS particularly focuses on denim suppliers that 
enhance water conservation measures. These measures may 
include implementing comprehensive water management 
strategies, optimizing processes, investing in water‑efficient 
technologies, and implementing water recycling systems 
within production facilities. These actions help minimize 
water consumption, reduce freshwater usage, and minimize 
the discharge of polluted water into the environment 
throughout the denim manufacturing process.
This sourcing approach helps mitigate potential problems, 
ensuring a more secure and stable cotton supply, and aligns 
with GUESS’ commitment to responsible sourcing practices.
Mitigate the risk of price variability
To mitigate the risk of price variability, establishing and 
maintaining long-term supplier relationships is crucial 
for GUESS. By building stable partnerships, prioritizing 
loyalty and commitment, GUESS strengthens its position 
to effectively navigate price fluctuations and ensure 
a secure and stable cotton supply.
Building stable and enduring partnerships with vendors 
that produce cotton products offers enhanced security 
and stability in terms of pricing. Strong relationships with 
vendors reduce the uncertainty associated with fluctuating 
market conditions and help GUESS manage the risk of 
sudden price increases or fluctuations.
In addition, diversifying sourcing locations across different 
markets such as China, India, Pakistan, and Bangladesh 
allows GUESS to minimize risks related to relying solely on 
a single market, which can lead to disruptions in the supply 
chain. For example, reducing dependence on regions 
susceptible to water scarcity helps mitigate the impact on 
pricing. By exploring alternative regions that prioritize 
sustainable water management practices, the company 
can reduce vulnerability to localized water scarcity.
Moreover, different markets provide distinct advantages 
in terms of production expertise and sourcing options. 
By venturing into different markets, GUESS can identify 
the most suitable options that align with its internal 
cost considerations.
Policies
Our raw material sourcing and responsible production 
policies are at the heart of reducing our supply chain 
impacts. These policies help to protect the environment, 
workers, and communities by encouraging the use of 
raw materials produced with higher environmental and 
social standards. 
Core policies 
•	GUESS Responsible Cotton Sourcing Policy 
– Aims to increase procurement of preferred 
cotton sources while working to improve 
traceability and keep prohibited cotton sources 
from entering our supply chain
•	GUESS Responsible Sourcing – Policy 
on Manmade Cellulosic Fabrics – Aims to 
ensure responsible sourcing of rayon/viscose, 
modal, and lyocell fabrics, from sources which 
do not put at risk the world’s ancient and 
endangered forests
•	GUESS Denim Water and Chemical 
Management Policy – Aims to address our 
product impact on water, with a focus on denim
•	GUESS Animal Welfare Policy – Aims to 
protect the wellbeing of all animals in our 
supply chain
	» All above policies are available at sustainability.guess.com
“GUESS aims to 
enhance supply chain 
resilience and minimize 
risks across all 
production stages.”
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ESG REPORT FISCAL YEARS 2022–2023

RESPONSIBLE MATERIALS AND PRODUCTS continued
Percentage of brand eco collections
Percentage against total receipt units
60%
50%
40%
30%
20%
10%
0%
FY2020
FY2021
FY2022
FY2023
GUESS ECO units of GUESS apparel mainline denim only percentage by receipt units at GUESS distribution centers
GUESS ECO units of GUESS apparel mainline non-denim only percentage by receipt units at GUESS distribution centers
GUESS ECO units of GUESS apparel mainline (denim and non-denim) percentage by receipt units at GUESS distribution centers
Consciously Constructed units of GUESS apparel Factory mainline by receipt units at GUESS distribution centers
Brand eco collections: GUESS ECO 
and Consciously Constructed
Creating more sustainable products for our customers 
begins with innovative design and responsible selection 
of materials. We currently offer two collections of more 
sustainable products: 
•	The Consciously Constructed range consists of 
products which are developed using at least 20% 
of environmentally preferred materials
•	Whereas our GUESS ECO collection is specific to 
GUESS branded products that are not only made 
with at least 20% of environmentally preferred 
materials but can additionally use production methods 
that reduce their environmental impact
We developed internal guidelines for products in the 
GUESS ECO and Consciously Constructed collections that 
help support our product teams to choose environmentally 
preferred materials, avoid harmful processes and 
embellishments, and encourage the use of innovative 
production methods that reduce environmental impact. 
Our guidelines help to ensure our product teams consider 
our commitments to sustainable materials. These guidelines 
are vital to develop goods that reflect our ESG Goals for 
apparel, accessories, and footwear without compromising 
the GUESS brand DNA. 
Since FY2020, we have increased the percentage of 
environmentally preferred raw materials for the two 
collections. More than 50% of apparel mainline products 
are now made with environmentally preferred materials.
Some of our brand eco collection materials include:
Cotton:
•	Organic and recycled cotton, reducing agricultural 
pollution and waste to create butter-soft denim and 
natural fabrics
Cellulosics:
•	Lenzing™ materials, such as Tencel™ and Ecovero™, 
extracted from sustainably grown wood sources and 
used primarily in our Kids’ collections
Synthetic:
•	Repreve™, a performance fiber made from recycled 
materials such as plastic bottles
•	Polylactide (PLA) fibers, a degradable1 bioplastic fiber 
used to create an eco-denim fabric
•	Roica V550, an innovative degradable¹ stretch fiber, 
that lends a great stretch to our denim products
•	Recycled silicone and thermoplastic polyurethane, 
to replace PVC material for our rubber patches
•	VIRIDIS, a biobased material, to replace leather 
patches on the back of our denim products 
Leather:
•	Leather Working Group certified chrome-free leather 
used for actual leather patches
Other – non-natural:
•	Recycled metals for our trims, including buttons, rivets, 
and plackets
Environmentally preferred materials**
51%
GUESS ECO accounts 
for 51% of apparel 
mainline products*
28%
Overall 28% of our 
global materials portfolio 
was environmentally 
preferred**
1%
12%
19%
28%
30%
FY2020
FY2021 FY2022
FY2023 FY2024
*	 Percentage by receipt units; apparel mainline stands for mainline collection of 
GUESS branded clothes for adults, both women and men, that encompasses 
all apparel categories, from t-shirts to outerwear. Apparel mainline excludes 
other GUESS branded apparel categories (i.e. Kids, Athleisure, Underwear, 
Beachwear, Factory), other non-apparel product categories (i.e. Bags, 
Footwear, Small Leather Goods, Accessories, Home) and other brands 
(i.e. Marciano, GBG, GUESS Jeans U.S.A., GUESS Originals).
**	Percentage by receipt equivalent units; environmentally preferred materials 
include both certified materials (i.e. organic and recycled materials for 
which we received/expect to receive a Transaction Certificate according to 
certification bodies guidelines) and more sustainable non-certified materials 
(e.g. hemp, linen, Lenzing™). 
53%
51%
42%
21%
1	 Degradable only under certain conditions. 
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RESPONSIBLE MATERIALS AND PRODUCTS continued
Brand eco collections: GUESS ECO 
and Consciously Constructed continued
During FY2022-2023, we revised our requirements for 
items to be classified as GUESS ECO or Consciously 
Constructed by increasing the minimum content percentage 
of environmentally preferred materials. We are continuing 
our research in this area by assessing the environmental 
impact of the materials we use now and in the future.
Due to the success of our GUESS ECO collection, we began 
to expand the range in FY2024 to include handbags and 
more sustainable footwear options. Instead of nylon, 
leather, and polyurethane, the handbags and shoes will 
now include recycled polyester or recycled polyurethane.
Sustainable product initiatives
In order to uphold the integrity of our products, we 
consistently conduct meticulous assessments of their 
sustainability credentials while remaining vigilant in our 
pursuit of novel sustainable materials and technologies. 
It’s important to GUESS that we can still create products 
that align with our brand and carry the level of excellence 
our customers love. With every new material and process 
we pilot, we run testing to ensure quality is never 
compromised. When it comes to denim, which traditionally 
uses a large amount of water, energy, and chemicals, 
we have been using the Indigo Flow™ dyeing process, 
part of the Earth Feel Denim initiative. This process allows 
us to reduce water use and produce minimal waste 
while continuing to make the same high-quality fabrics 
and colors. 
We are very selective about the sustainable product 
initiatives that we follow. We want to make sure that we 
embrace each one fully, apply it correctly, and collaborate 
with the right partners to achieve the best result in our 
finished products. To do this, we help our suppliers adopt 
new technologies that allow them to use less water, fewer 
chemicals, and less energy. We have also been using 
EIM technology throughout the manufacturing process 
to measure environmental impact and identify areas of 
improvement. We exercise discernment when choosing 
sustainable product initiatives to pursue. Our objective is 
to wholeheartedly embrace each initiative, implement it 
accurately, and foster collaboration with suitable partners 
to achieve optimal outcomes in our final products. 
“We are committed to 
continuing our research 
in this area by assessing 
the environmental 
impact of the materials 
we use now and in the 
future, and using more 
sustainable materials 
where possible.”
Denim Style Guide, fall 2022.
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RESPONSIBLE MATERIALS AND PRODUCTS continued
SASB CG-AA-440a.1
Using environmentally preferred materials
We use environmentally preferred materials across our brands, selecting fibers to create garments that have the distinctive 
GUESS look and quality our customers expect with a lower environmental impact. As well as using organic and recycled 
certified fibers in our main material categories, we also use a range of natural fibers, including linen, silk, and bamboo.
RECYCLED COTTON
Recycled cotton is commonly made 
using recycled industry fabric or 
scrap waste (pre-consumer). 
Progress is being made to make 
new materials out of pre-loved 
garments (post‑consumer).
ORGANIC COTTON
This fiber is developed using organic 
grown crops that replenish and 
maintain soil health and fertility, 
whilst avoiding the use of toxic and 
persistent synthetic pesticides.
Did you know?
Organic cotton uses less 
water than traditional 
cotton and is treated 
with fewer chemicals, 
which is beneficial for 
people and the planet. 
Tencel™ lyocell with 
Refibra™ technology uses 
recycled cotton from 
fabric cutting scraps.
RECYCLED POLYESTER
This fiber is made of recycled plastic and bottles, aimed at 
reducing waste and increasing diversion from landfill.
Tencel™, Lenzing™ and 
Ecovero™ branded fibers
Tencel™, Lenzing™ and Ecovero™ are 
trademarks of Lenzing AG. These fibers 
come from responsibly managed 
forests, are made of renewable 
materials, and are manufactured using 
processes with lower emissions. 
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RESPONSIBLE MATERIALS AND PRODUCTS continued
Our approach includes:
•	Rigorous internal processes to track and trace certified 
materials and fabrics used to manufacture our garments
•	Respect for the chain of custody
•	Collection and management of the supporting 
documentation
•	Laboratory testing
Prior to placing the production order of goods made 
with certified materials, we maintain the chain of custody 
and the integrity of our sustainable sourcing practices by 
obtaining a third-party supplier plant-level certificate. 
We also secure a transaction certificate tied to the relevant 
GUESS purchase order. This allows us to confidently trace 
materials from production to final product delivery, ensuring 
fibers are correctly managed from a sustainability point 
of view. 
For goods made with other environmentally preferred 
materials, such as the manmade cellulosics developed 
by Lenzing™ and Birla, we also require our suppliers 
to unequivocally link the preferred fabric to the final 
garment to accurately trace the fabric along the apparel 
development process and enhance transparency and 
traceability across the supply chain. We also make sure 
to follow up with participating plants on a regular basis 
to verify their certification renewals. 
Many of our suppliers already hold the necessary 
supporting sustainability documents. To encourage the use 
of more sustainable process and environmentally preferred 
materials, we are committed to raising awareness among 
our suppliers to apply for similar approvals not only for 
products but to extend to manufacturing processes. 
Although it requires resources, supporting and engaging 
more suppliers to make these improvements, ultimately it 
benefits the wider fashion industry.
Innovating for sustainable jewelry 
As consumer awareness regarding sustainable fashion 
continues to grow, the demand for sustainable jewelry 
has shown an increase. In recent years, we have diligently 
pursued the goal of enhancing the sustainability of our 
jewelry collections. Our efforts have entailed transitioning 
from varied metals to recycled stainless steel, thereby 
minimizing our reliance on virgin resources, and curtailed 
the use of non-branded crystals in our designs. We have 
also replaced water plating with ion plating techniques, 
resulting in reduced wastewater generation. 
Although we are progressing with eco jewelry, the shift 
is not without its challenges. Sources of virgin stainless 
steel are finite. In response to this challenge, we have 
progressively increased our use of recovered raw material 
from sustainable sources. We have started using certified 
post-consumer recycled stainless steel in our jewelry, with 
some products containing up to 90% recycled material. 
With each roadblock we encounter, we’re finding new 
ways to innovate sustainable goods. 
Enhancing traceability in our supply chain
In our pursuit of responsible materials, traceability plays a 
pivotal role as it guarantees the authenticity and quality of 
our inputs and production procedures. Within the GUESS 
ECO and Consciously Constructed range, numerous 
products incorporate raw materials that have received 
certification from recognized third-party sustainability 
standards (e.g. Textile Exchange Content Claim Standard 
- CCS). These materials can be traced all the way from 
their source to the final garment. 
	» See Social section on page 34 for more details regarding traceability
GUESS Fine Jewelry campaign, fall 2023; Como, Italy.
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CIRCULAR ECONOMY, PACKAGING, AND WASTE	 
Circular 
economy, 
packaging, 
and waste
Keeping materials in use for longer
GUESS is continually looking for new ways to promote 
the circular economy. What was once considered waste, 
is looped back into the system and transformed into 
fashionable, sustainable goods. This is the ultimate cycle 
of reuse. 
Across our organization, the business case for circularity 
is clear: the materials used in our supply chain represent 
the largest part of our environmental footprint. By engaging 
the circular economy, we have an opportunity to reduce 
that footprint. We do this by sourcing more sustainable 
materials and implementing a circular approach that keeps 
materials in use for longer. By investing in, applying, 
sharing, and scaling circular business models, we can help 
our industry shift from linear to circular where the value of 
raw materials is maximized. 
As we develop GUESS’ circularity strategy, we’ve set out 
to define what “circularity” means for us. As the conversation 
continues, we have been able to relaunch our RESOURCED 
takeback program across our stores. This program provides 
space for customers to recycle unwanted apparel and 
footwear from any brand. Working in partnership with 
Homeboy Industries & Recycling at our US stores and 
I:Collect (I:CO®) in selected stores in Austria and Germany, 
the unwanted apparel and footwear is sorted, reused, 
and recycled, saving these items from landfills. 
Expanding our RESOURCED recycling program is just 
one of the ways we are contributing to our Global Fashion 
Agenda’s 2020 Circular Fashion System Commitment. 
For more information about RESOURCED, check out 
our video on the GUESS YouTube channel.
In FY2023, through our textile recycling, reuse partnerships, 
and customer takeback schemes, we diverted 101,515 kg of 
apparel, accessories, footwear, and jewelry from landfills. 
Ellen MacArthur Foundation’s Jeans Redesign 
In FY2020, GUESS joined the Ellen MacArthur Foundation’s 
Jeans Redesign project, which works to make the denim 
production process more sustainable and supports the 
health of garment workers. Part of the Foundation’s Make 
Fashion Circular initiative, the project uses the principles of 
a circular economy and lays out guidelines for producers to 
ensure products are durable and made with recycled and 
recyclable materials. The project also creates guidelines to 
ensure products have a minimal social and environmental 
impact. Since FY2022, we have proudly offered a portion 
of our denim that meets these requirements. 
GUESS Vintage
GUESS Vintage continues to be a driving interest among 
our valued customers. With over 40 years of product design, 
we’re constantly looking for new ways to celebrate our rich 
history. We’ve started doing this by giving new life to vintage 
pieces through pop-up offerings, upcycling and recycling 
partnerships, and rounding out an extensive archive. Since 
FY2017, our designers have looked to vintage designs to 
gather inspiration for our brand divisions, GUESS Jeans 
U.S.A. and GUESS Originals. This focus on vintage apparel 
has led to increased demand in the resale market and 
success for our climate safe offerings. 
Managing non-sellable products
Since FY2017 the SOEX Group and Saado Trading 
company have supported us with the management 
and reuse of non-sellable products. With the 
objective of diverting products from landfill or 
incineration, they have enabled us to responsibly 
locate both secondhand markets and recycling 
solutions for end-of-life items.
Goals
•	Introduce or increase repair, resale, and 
upcycling initiatives in key markets, that 
truly drive a circular economy (2025)
•	Develop circular strategy and policy to 
define circularity and what a circular 
product is to GUESS, supported by a 
circular design playbook for product 
designers (2025)
•	Apply circular design playbook to one 
capsule per each season (2030) 
•	100% product packaging to be recycled 
and recyclable for all apparel and men’s 
bags (including primary and secondary 
packaging and hangtags) (2030)
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CIRCULAR ECONOMY, PACKAGING, AND WASTE continued
RESOURCED program: Homeboy 
Takeback Program (US) 
In April 2022, we established a new partnership with 
Homeboy Industries’ social enterprise, Homeboy Recycling. 
This partnership worked to launch a new in-store recycling 
program in US stores which in return creates new jobs for 
deserving people. Homeboy Recycling is a mission-driven 
business that provides jobs for formerly gang-involved 
and previously incarcerated people as well as providing 
customers with reuse and recycling solutions. The work 
that Homeboy Recycling and GUESS do together gives 
second chances to clothing and people. 
Our new in-store recycling program allows customers to 
bring five items of clothing or more (including damaged 
items) from any brand to GUESS stores and in return, 
receive a 15% discount on their next full-priced qualifying 
purchase. All items are then sent to Homeboy Recycling 
to be sorted and processed for repair, resale, upcycling, 
and recycling. This program is valid at all GUESS, GUESS 
Accessories, GUESS Factory, GUESS Factory Accessories, 
GBG, and Marciano stores in the United States. 
“Our partnership with Homeboy 
Recycling creates a pathway toward 
the development of more sustainable 
products. This initiative represents 
another strong step toward our 
ACTION GUESS commitment to 
develop more circular business 
models and creates economic 
opportunities for our Los Angeles 
community and offers a solution 
for apparel and textile waste.” 
– Carlos Alberini, CEO, Guess?, Inc. 
“For Homeboy Recycling, our 
focus is to develop businesses that 
create jobs and meaningful training 
opportunities in our community. 
After careful research and a pilot 
program with GUESS, Homeboy 
Recycling is thrilled to announce 
this new line of business. We 
learned that this type of program 
is aligned with the skill set of our 
workforce and fills a significant 
need for industry. We look forward 
to continuing this partnership and 
working with the industry to address 
textile waste.”
– Chris Zwicke, CEO, Homeboy Recycling
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ESG REPORT FISCAL YEARS 2022–2023

CIRCULAR ECONOMY, PACKAGING, AND WASTE continued
Enhancing our packaging
Packaging that is recycled and recyclable
The packaging customers take with them from our stores, 
or that is delivered to their door – including bags, boxes 
for wallets and shoes, jewelry pouches, and accessory 
inserts – are primary contributors to the waste generated 
by our retail operations around the world. We are 
developing strategies to help combat this, by adopting 
additional recyclable and recycled materials and making 
waste reduction improvements such as upgrading 
packing efficiencies in our distribution centers. 
We are already making progress and introducing 
recyclable, recycled, and responsible materials, including: 
•	Recycled polyester, certified to the Global Recycling 
Standard (GRS) for certain labels and packaging items
•	Recycled paper, certified by the Forest Stewardship 
Council (FSC) for hang tags, shipment packaging, 
and jewelry gift boxes 
•	Recycled PET polybags for jewelry purchases 
•	100% recycled and recyclable packaging for our 
Europe e-commerce shipping boxes
•	Water-based inks and vinyl glue on boxes, avoiding 
heavy metals or formaldehyde
In our stores, we have introduced a QR code as a 
paperless solution for marketing materials. We are also 
currently working on introducing another QR code as an 
alternative to printed return labels.
All of our shipping boxes and bags have been designed 
to be reused and, in case of disposal, are labeled with 
the appropriate EU regulated recycling symbol.
In FY2024, we plan to start using 100% recycled envelopes 
for small packages sent from our EU e-commerce and to 
introduce polybags that wrap all of our merchandise made 
from 80-100% pre-consumer recycled LDPE material, 
which is also recyclable. 
GUESS Responsible Packaging Policy 
For accessories, handbags, footwear, fragrance, and 
cosmetics, our global responsible packaging policy aims 
to reduce plastics and packaging overall. We ensure that 
packaging is recyclable and/or contains certified recycled 
content, and supports options for reuse. 
This policy covers varied packaging types including 
airbag fillers, dust bags, jewelry boxes, polybags, 
hangtags, and other forms of packaging. The policy has 
been implemented globally by both GUESS and our 
largest licensee business partners. 
Sustainable deliveries
The packaging our products are transported in and 
how they travel to our customers are both part of our 
vision to deliver more sustainable solutions. We have 
introduced new shipping options in Germany and Poland, 
such as lockers and options for pick-up and drop-off 
through PUDO, which we expect to help condense the 
number of delivery trips required and remove the tricky 
“last-mile” of deliveries. This has:
•	Expectation up to a 75% reduction in CO2 impact 
compared to home delivery due to optimized routes 
and reduced exhaust emissions – our logistic partner 
claims that each parcel locker reduces CO2 emissions 
by up to 14 tons per year
•	Reduced noise pollution as fewer trips are being made 
We intend to roll out locker and PUDO options in more 
countries in the upcoming years. 
SASB CG-MR-410a.3
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ESG REPORT FISCAL YEARS 2022–2023

CHEMICALS, POLLUTION, AND WATER STEWARDSHIP
Goals
•	Eliminate unnecessary use of persistent 
organic pollutants (“forever chemicals” / 
PFAS) in line with the requirements of our 
LRSM (2025) 
•	Be water positive in supply chain: replenishing 
more water than used in our supply chain 
(2035)
•	Clean wastewater – Zero hazardous 
chemicals leaving wet processors (2030)
•	Become signatory of ZDHC and adopt 
ZDHC MRSL (2026) 
•	All supply chain ZDHC approved (2030)
Chemical and 
wastewater 
management
Chemicals that are used and end up in 
wastewater can contribute considerably to the 
pollution of nearby natural ecosystems and 
communities. Additionally, if wastewater is not 
managed, treated, and disposed of properly, 
these chemicals can pose a risk to the 
environment and workers’ health. 
We have chosen to take a cautious approach, 
restricting the chemicals used by our suppliers 
and using industry tools to monitor performance.
Dave Johnson, Senior Manager of 
Laundry Operations, (Los Angeles HQ).
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ESG REPORT FISCAL YEARS 2022–2023

CHEMICALS, POLLUTION, AND WATER STEWARDSHIP continued
Our approach to safe chemicals
To aid supply chain participants seeking to increase 
product safety and reduce their environmental impact, 
GUESS provides guidance on limiting the use of certain 
substances in apparel, accessories, footwear, and jewelry. 
To effectively manage the chemicals used in the 
manufacturing of GUESS products, we require suppliers 
to utilize our GUESS Apparel Performance and GUESS 
Accessories Performance Manuals as well as our category-
specific List of Restricted Substances and Materials (LRSM). 
The GUESS LRSM has been developed in accordance with 
the strictest standards found in any of the countries where 
we operate. It identifies the chemicals that are limited, or 
prohibited in our products or in the production process due 
to their potential impact on consumers, workers, and the 
environment. This list also includes substances that may be 
present in finished materials alongside acceptable 
amounts of these substances. 
All product requirements and compliance with the GUESS 
LRSM are covered in our factory vendor agreement, which 
is updated and managed in collaboration with our Legal 
department. All vendors receive complete documentation 
and are asked to confirm their full understanding. 
Suppliers are required to confirm compliance with the 
GUESS LRSM through a written affirmation and the testing 
of either finished products or raw materials. In addition, 
we carry out independent testing, using accredited third 
parties, based on the product category and type. 
For example, our products are tested according to all 
target markets’ regulations and vendors are asked to 
provide quality tests regarding raw materials, 
embellishments, and final product.
In addition, GUESS performs random chemical testing of 
painted articles, plastic parts, metal and metalized articles 
in contact with skin, consumer articles, surface of coated 
materials, trims and leather.
Products or raw materials that do not pass testing may be 
accepted with contingencies to be reserved or reworked, 
and retested or rejected depending on adherence to 
legal requirements. 
The GUESS LRSM is reviewed and updated annually, in 
partnership with a third-party expert. Our approach in 
updating the LRSM is to ensure completeness and accuracy 
against the European Union’s REACH requirements and 
regulations in other markets. We also monitor industry 
developments regarding chemical risks through industry 
groups, vendor communications, etc. Our GUESS ECO 
products are on the cutting edge of this industry, with 
increasingly strict chemical management requirements.
To further support our commitment to reducing our 
chemical footprint, we started to track the vendors which 
are compliant with the Zero Discharge of Hazardous 
Chemicals (ZDHC) program for safer chemical use.
	» The GUESS LRSM is publicly available at sustainability.guess.com 
GRI 416-1, 416-2, SASB CG-AA-250a.1, CG-AA-250a.2, CG-MR-410a.2
In FY2023, the number of our key denim mills 
suppliers reporting to Higg FEM has risen 
from 33% to 100% since FY2020.
Dave Johnson, Senior Manager of 
Laundry Operations, (Los Angeles HQ).
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ESG REPORT FISCAL YEARS 2022–2023

CHEMICALS, POLLUTION, AND WATER STEWARDSHIP continued
2. Environmental Impact Measurement 
(EIM) scoring 
EIM software was developed by Jeanologia to provide 
laundries and finishers with a tool to help them implement 
more sustainable processes. The EIM platform allows 
laundry factory Managers to enter information about the 
factory, the brand (such as GUESS), the wash formula, 
the machines, and production practices. Based on this 
input, the software calculates an environmental impact 
score that measures water, chemicals, and energy 
consumption as well as workers’ health. This EIM score 
is coded by performance, enabling factory personnel 
and our company to benchmark the product by its social 
and environmental impact. 
Water stewardship at GUESS
From the growing of cotton to the washing of fabrics to 
customer care, denim can be water intensive to produce. 
In knowing this, water stewardship, tracking, and monitoring 
are fundamental to our environmental responsibility. As the 
effects of climate change increase, we also need to include 
water scarcity in our risk management processes. 
With a focus on denim, our goal is to influence and improve 
water management throughout the life cycle. This is laid out 
in our Denim Water and Chemicals Management Policy 
which applies to all denim suppliers and their facilities. 
Established in FY2019, the GUESS Water Action Plan 
addresses each phase of the denim life cycle to prioritize 
water savings and water quality. The plan also emphasizes 
the importance of water education with our employees, 
denim suppliers, customers, and community including 
garment care, and community access to clean water.
Water-saving technologies
Saving water, like many other aspects of sustainability, 
starts with responsibly growing and manufacturing fibers. 
In addition to sustainable fibers, we also focus on efficient 
and innovative garment production methods. Some of the 
approved water and chemical saving eco production 
methods for GUESS ECO products include:
•	Ozone with e-flow for fabric softening
•	Laser treatment to distress denim
•	Stonewashing with reusable stones or without reusable 
stones through additional laser and ozone treatment
•	Cleaner yarn and fabric dye processes
•	Modern print processes, such as digital printing 
and water or soy-based ink
On the way to water-free denim
Many of our suppliers are using e-flow technology to 
reduce water and chemicals in the finishing processes. 
Using electromechanical shocks to create nano bubbles 
and a flow of wet air, e-flow breaks up the garment’s 
surface, resulting in a soft, high-quality feel with reduced 
shrinkage. This process requires a minimal amount of 
water and produces zero discharge.
Water use in own operations
Compared to the water used in our supply chain, 
corporate water use at GUESS-owned operations is 
minimal. This water use includes bathrooms, kitchens, 
test laundries, and irrigation. We monitor and manage 
water use locally as needed. 
GRI 303-1, SASB CG-AA-430a.1
Wiser Wash
Wiser Wash is a new technique 
that gives gorgeous bleaching results 
without harming human health or 
the planet. Thanks to the ozone gas 
generated from oxygen, Wiser Wash 
provides abrasions and bright contrasts 
with reduced pollution. The technology 
behind Wiser Wash gives revolutionary 
results using up to 80% less water.
Working with suppliers 
To manage chemical and wastewater impacts, we focus 
on our denim supply chain and the industry-wide tools that 
are emerging to measure performance and build capacity 
in this area. 
All suppliers are required to have appropriate 
environmental monitoring in place, as well as the legally 
required licenses. The GUESS Code of Conduct, signed 
by all GUESS business partners, specifies that suppliers 
procuring and disposing of wastewater or other types 
of waste, must be prepared to provide evidence of 
compliance by maintaining valid wastewater and waste 
disposal permits.
Beyond our Code of Conduct, we use two key tools 
to track and measure supplier chemical and 
wastewater management:
1. Higg FEM Index
All our denim mills and major suppliers with qualifying 
volumes, must complete the Higg FEM Survey, an industry-
wide tool that enables us to track how supplier sites are 
performing on water and chemicals management. 
Since FY2020, the number of our key denim mills 
suppliers reporting to Higg FEM has risen from 33% to 
100%. We attribute this to the improved relationships with 
our consolidated vendor base, as well as an increased 
prioritization of sustainability from our production team 
and vendors alike. 
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ENVIRONMENT
GOVERNANCE
APPENDICES
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ESG REPORT FISCAL YEARS 2022–2023

NATURE AND BIODIVERSITY
Protect nature 
and preserve 
biodiversity
The COP 15 UN Biodiversity Conference in 2022, 
communicated the bold steps needed to protect 
nature and preserve biodiversity in the coming 
decades. We recognize our part in this, and we 
are committed to developing a Science-Based 
Targets for Nature (SBTN) aligned biodiversity 
strategy over the next two years. 
Our primary biodiversity impacts are through 
our materials choices, and as we increase our use 
of environmentally preferred materials – such as 
recycled or organic materials – we will continue 
to reduce our biodiversity impacts. Due to its 
deforestation risks, one of our top focuses is 
manmade cellulosics. To mitigate these risks, 
we are committed to sourcing cellulosic materials 
from responsibly managed forests. We are also 
experimenting with innovative materials such as 
recycled and alternative sources to help further 
relieve our dependence on natural resources.
Goal
•	Develop a biodiversity strategy aligned 
with SBTN (2025) 
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ESG REPORT FISCAL YEARS 2022–2023

Customer engagement
At GUESS, we believe we have a responsibility to help 
educate and inspire our communities to be active 
sustainability advocates with the wellbeing of the planet 
at heart. 
Treedom
As part of this endeavor, we launched the campaign 
“Be(leaf) in Change” in partnership with Treedom, a 
tree-planting initiative that works closely with farmers in 
Italy, Africa, and South America. When customers purchase 
two products from our brand eco collection, they receive 
a code to claim a tree through Treedom’s website, which 
is then planted on their behalf. With the goal of building 
knowledge about nature and its value, customers can 
receive updates on the tree planting project, including the 
species and health of their tree.
The campaign launched on Earth Day in Italy in April 
2022 and is present in 348 stores across Europe, as well 
as online. GUESS planted 5,000 trees as part of 
the project.
GUESS partnered with Urban Vision to help 
reduce pollution in the environment. Urban 
Vision specializes in air purifying advertising 
billboards using absorbent technology. The 
materials used in the billboards, which were 
erected in Italy, are crafted to absorb and 
break down polluting molecules, taking 
advantage of the natural movement of 
the air as it passes through the fabric.
NATURE AND BIODIVERSITY continued
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ENVIRONMENT
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APPENDICES
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ESG REPORT FISCAL YEARS 2022–2023

GUESS Accessories campaign, fall 2022; 
Topanga, California.
SOCIAL
Be a good 
teammate
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GOVERNANCE
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ESG REPORT FISCAL YEARS 2022–2023

SOCIAL INTRODUCTION
People are the backbone of GUESS
Key topics 
Supply chain responsibility and labor rights
	» Read about on pages 34-40
Diversity and inclusion
	» Read about on pages 41-44
Employee wellbeing and engagement
	» Read about on pages 45-50
Customer engagement
	» Read about on pages 51-53
Community investment
	» Read about on pages 54-55
From the employees in our offices and in 
our stores, our supply chain, and our wider 
communities, people are the key to our 
shared success.
Supporting this means creating a healthy, 
inclusive, and engaged workforce built on a 
foundation of respect, a place where everyone 
can create the best versions of themselves. 
Our values don’t stop at our direct workforce; 
instead, we are committed to implementing 
these values across our supply chain. We create 
strong relationships with our suppliers and look 
for ways to give back to the communities that 
help make GUESS the brand it is today. 
Sustainable Development Goals
At GUESS, we are committed to treating our people 
well. We do this in many ways. We provide decent 
working conditions to our employees and those in 
our supply chain, we support diversity and inclusion 
regardless of race, gender, religion, disability, or 
sexuality. We align our work to SDG 5 Gender 
Equality and SDG 8 Decent Work and Economic 
Growth standards. Specifically, we hone in on 
targets 5.5, 8.5, 8.7, and 8.8 which focus on 
ensuring women’s full participation in leadership 
and economic life, providing full and decent work to 
all, eradicating forced labor, protecting labor rights, 
and providing safe and secure working environments.
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ESG REPORT FISCAL YEARS 2022–2023

SUPPLY CHAIN RESPONSIBILITY AND LABOR RIGHTS
Supply chain 
responsibility
At GUESS, we believe that we represent 
everyone along our supply chain. From those 
who grow and process raw materials, to those 
who spin fibers into fabric and manufacture our 
clothing and accessories, we are one team with 
united values. We have the space to drive positive 
change in the fashion industry, and that is both 
an opportunity and a responsibility. This is why, 
as an iconic, global company, we apply our 
scale, resources, and expertise to help our 
supplier partners implement best-in-class 
practices every step of the way. 
Goals
•	Publish and update an interactive multi-tier 
supply chain map (2025) 
•	Becoming member of best-in-class 
associations for social compliance (such as 
The Bangladesh Accord and Better Work) to 
ensure all key factories have worker safety 
and wellbeing (2025)
•	Establish training program for GUESS 
suppliers in key regions (2023)
•	Increase factory employee access to trainings 
and development opportunities and grievance 
mechanism (ongoing)
•	Develop training and development 
opportunities to promote positive change 
for women (2025)
GUESS manufacturing partner, 
Los Angeles, California.
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ESG REPORT FISCAL YEARS 2022–2023

SUPPLY CHAIN RESPONSIBILITY AND LABOR RIGHTS continued
Assessed suppliers in FY2023
266
Top three common issues
HEALTH AND SAFETY 
HOURS OF WORK 
WAGES AND BENEFITS 
Suppliers trained
186
Corrective action plan
100%
Certifications
32%
Audits
68%
GUESS audits
15%
External audits
53%
Social compliance show-stoppers 
GUESS keeps collaboration at the front of its mind, 
so when issues of non-compliance occur in the supply 
chain, we work with suppliers to support remediation 
and corrective action. However, when assessments or 
other interactions show evidence of significant concerns 
that cannot be remediated, we do one of two things. 
Pending investigation, we either cease work with the 
supplier factory, or terminate the onboarding process 
for a new supplier.
These critical issues are referred to as showstoppers. 
They include: 
•	Use of forced, prison, indentured, or bonded labor, 
including human trafficking and slavery 
•	Use of child labor 
•	Corporal punishment, mental, or physical 
disciplinary actions 
•	Harassment of workers, including sexual harassment 
•	Discrimination of any kind 
•	Unsafe working or living conditions
•	Unpaid workers
•	Unethical conduct 
In FY2022–2023, we did not eliminate any supplier 
factories from our supply chain due to show-stopper 
non‑compliances. 
Supply chain social compliance
GRI 2-6, 407-1, 408-1, 409-1, 414-2, SASB CG-AA-430b.1, CG-AA-430b.2
Our supply chain
With operations spread around the world, GUESS is a truly 
global company. A large assortment of our merchandise 
is designed at GUESS, then produced by our trusted 
suppliers with finished items distributed worldwide.
We source our apparel, bags, accessories, footwear, 
and jewelry from our vetted supplier base.
We work both directly with vendors and with the factories 
they own, or subcontract work out to.
By building strong relationships with our suppliers, we are 
better able to manage sustainability challenges, reduce 
risk, and support transparency and traceability throughout 
our supply chain. 
	» A list of our key suppliers is available on sustainability.guess.com.
Over the years, the fashion industry has been working 
collaboratively to improve working conditions, human 
rights, health and safety, and work hours. Together, 
we have come a long way, but we are still not finished. 
Ongoing improvements, training, and monitoring are 
still necessary. 
We have always been committed to helping suppliers 
implement best practices in safe and fair labor and 
achieve meaningful improvements in the lives of their 
workers. These commitments illustrate GUESS’ 
longstanding approach to supply chain responsibility. 
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ESG REPORT FISCAL YEARS 2022–2023

The first four training events focused on health and 
safety topics, working hours, and grievance mechanisms. 
To promote increased attendance and accessibility, 
we have conducted multiple online versions of the same 
training, in multiple languages. This allows our suppliers 
to join in from different time zones.
The sessions have been designed to be both informative 
and interactive, providing participants with data covering 
different topics as well as practical examples of how to 
address challenges typically found in the supply chain.
We will continue to strengthen our FTME training program 
for suppliers and plan to organize in-person conferences. 
To facilitate collaboration and best practice knowledge 
sharing, we will target supplier programs in our major 
sourcing countries as soon as possible. 
Supplier factory monitoring 
Monitoring is an integral part of strengthening our supplier 
management. We partner with experienced factory 
auditors to conduct regular supplier assessments. These 
assessments evaluate the factories’ current standing and 
identify any areas needing improvement, including both 
social and environmental issues. 
To track performance over time, GUESS collects evidence 
of social compliance from the previous two years. On 
average, GUESS performs an assessment of each supplier 
every 12 months. The 99% and the 98% of new suppliers 
were assessed using social criteria in FY2022 and 
FY2023 respectively.
Our approach to supply chain 
social responsibility
Our approach to supply chain social responsibility is 
driven by our social compliance program. This program 
focuses on three specific areas: factory approvals, 
supplier training and education, and factory monitoring 
and remediation. Our operating guidelines, Supplier Code 
of Conduct, and monitoring programs help implement our 
program. Although cooperation of all suppliers is required, 
visibility into the daily practices of our suppliers, licensees, 
and joint ventures can be limited. 
Supplier factory approval 
To begin our supply chain management process, factories 
must first pass through our strict approval processes. This 
includes an initial onboarding call and audits, which allow 
us to assess compliance and train new suppliers on our 
standards. Depending on the specific geographic risk 
factors, additional proof of social, health and safety, 
or security compliance may be required.
All suppliers must sign and agree to our Supplier Code of 
Conduct. This document details our requirements for full 
compliance with legal requirements, child labor, freedom 
of association, human rights, health and safety, labor 
rights, ethics, environmental protection, decent work, 
payment, and administration. 
	» Our Supplier Code of Conduct is publicly available at sustainability.guess.com. 
In addition, we require factories to provide evidence of 
their social compliance record. To effectively assess a 
factory’s social performance, we require audit reports and 
certificates issued by peer companies, third-party audits 
and certification bodies, or multi-stakeholder organizations.
Supplier training and education 
On a larger scale, educating and training our suppliers is 
one of the best practices we can use to reduce risks in our 
supply chain. 
SUPPLY CHAIN RESPONSIBILITY AND LABOR RIGHTS continued
Number of 
training events
Number of  
suppliers* trained
1
27
3
186
FY2022
FY2022
FY2023
FY2023
GRI 407-1, 408-1, 409-1, 414-1, 414-2, SASB CG-AA-430b.1, CG-AA-430b.2
Tier levels of the supply chain
Tier 4
Fiber 
producers
Yarn 
producers
Tier 3
Fabric 
producers
Tier 2
Garment 
producers
Tier 1
Brand and 
retailers
Tier 0
In FY2023, GUESS dramatically increased the 
number of training events across the supply 
chain by tripling the events and greatly 
expanding audience attendance.
By taking a proactive approach, we can help suppliers 
recognize their areas for improvement, identify root causes 
of any non-compliance issues, and build compliance 
capacity. To do this, we provide two main types of supplier 
training and education: 
•	One-on-one supplier onboarding training to introduce 
all new suppliers to our social compliance program 
and our requirements and expectations
•	Virtual training sessions (since FY2022) focused on 
the most common issues from our social compliance 
assessment program as well as supplier needs 
and feedback
As part of our ongoing commitment to increase factory 
employee access to trainings and development 
opportunities, we launched a new development program 
at the end of FY2022. This program is Focused, Tailor-
Made, and Effective (FTME). Each FTME training highlights 
specific social and environmental topics and was designed 
with the ambition of capacity building on a wide scale.
*	 Suppliers include both vendors and plants.
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ESG REPORT FISCAL YEARS 2022–2023

SUPPLY CHAIN RESPONSIBILITY AND LABOR RIGHTS continued
GRI 2-25, 2-26, 407-1
Amplifying workers’ voices
We recognize that the people who know our 
supply chain best, are the people who work in it. 
We are working daily to empower these people 
to communicate issues to their Managers and to 
GUESS so swift action can be taken. 
We are working with external experts to pilot 
a new worker engagement program in India, 
Bangladesh, and Pakistan. This program aims to 
establish a two-way channel of communication 
between Managers and workers to discuss and 
resolve workplace issues. 
Another way we are amplifying workers’ voices is by 
piloting a digital grievance mechanism platform in 
supplier factories. This platform will enable workers 
to report their grievances safely, and support 
factories in resolving these grievances. The platform 
will also give us the ability to track remediations in 
real time. We will pilot the program following the 
deployment of the worker engagement program.
This work will be run in parallel with our existing 
programs. Additionally, we manage the confidential 
Handshake Workers’ Hotline which we provide to 
select China facilities through our ongoing and 
successful partnership with Inno Community 
Development Organization. 
GUESS manufacturing partner,  
Los Angeles, California.
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ESG REPORT FISCAL YEARS 2022–2023

SUPPLY CHAIN RESPONSIBILITY AND LABOR RIGHTS continued
Supply chain assessment
Supply chain assessments are carried out according to 
third‑party standards such as Sedex, BSCI, WRAP, and 
SA8000 Standards or following the GUESS standard.
In FY2022 92% and in FY2023 90% of the assessments of 
our directly sourced suppliers indicated significant, actual, 
or potential social impacts. We want to be realistic and 
cautious with these figures and are more interested in 
ensuring that our suppliers have appropriate controls and 
improvement programs in place than driving this number 
down. 100% of suppliers identified as having significant 
actual and potential negative significant social impacts 
have agreed improvement plans in place, with 100% 
corrective action rate for suppliers’ labor code, other than 
showstoppers which are separately addressed. The three 
issues most commonly reported were: health and safety, 
hours of work, and wages and benefits, with hours and 
wages being closely linked. Most issues were related to 
procedures and paperwork, as opposed to issues that 
threaten worker safety, compensation, or wellbeing. 
•	Health and safety – In general, GUESS suppliers 
manage health and safety extremely well. They do so 
by maintaining safe buildings and work environments, 
as well as providing workers with appropriate personal 
protective equipment (PPE) like masks, metal mesh 
gloves, protective shoes, and hearing protection 
where required. As we know that new health and 
safety issues may arise from evolving regulation 
requirements, we stress the importance of regular 
training to promote understanding and prioritization. 
•	Hours of work – The GUESS Supplier Code of 
Conduct stipulates that working hours should not 
exceed 60 hours per week and a maximum of six days 
per week, though if local regulations are stricter then 
suppliers should follow those. Issues related to working 
hours are typically found in countries where our limits 
set the standard. When a GUESS supplier is found to 
have a working hour non-compliance, we collaborate 
with them to understand their workers’ needs. Often, 
we learn that workers have asked for more hours to 
earn more money. To help them address this, we 
encourage factory managers to explore additional 
options for incentivizing and rewarding workers, 
emphasizing efficiency and productivity over number 
of hours. Improving workspace organization and 
workflow can increase factory productivity, which 
then frees up funds to provide workers with premiums 
for efficiency, number of pieces finished, and quality. 
This approach boosts overall productivity without 
reducing income.
•	Wages and benefits – When assessments uncover 
a supplier’s failure to provide 100% of its employees 
with the required benefits, we work with them to set up 
an action plan to rectify the issue. We ensure they are 
aware of the legal requirements to provide the correct 
benefits to their employees.
To align with evolving regulations, we update our 
requirements annually (or more often as needed). We 
also provide outreach and training to suppliers to make 
sure they understand and can comply with the newest 
requirements. As suppliers adjust their processes, the 
increased stringency of new requirements can occasionally 
lead to non-compliance findings.
GRI 407-1, 408-1, 409-1, 414-2, SASB CG-AA-430b.2, SASB CG-AA-430b.3
% of assessments performed by GUESS auditors and others on directly sourced suppliers
WRAP
30%
Sedex
30%
GUESS audits
15%
BSCI
17%
other third-party
6%
other 
certification
<1%
SA8000
2%
FY2023
Supplier factory assessments conducted
FY2022
265
FY2023
266
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APPENDICES
ESG REPORT FISCAL YEARS 2022–2023

SUPPLY CHAIN RESPONSIBILITY AND LABOR RIGHTS continued
GRI 2-25, 308-2, 407-1, 408-1, 409-1, SASB CG-AA-430b.2
Audits and remediation 
Our desire is that all GUESS suppliers will elevate their 
performance while meeting our requirements. To facilitate 
this, we provide suppliers with an atmosphere of support 
and trust in which we help them uncover any problematic 
issues, identify root causes, and develop solutions. In this 
environment, compliance issues can be discussed openly 
and remedied collaboratively. 
Our remediation process includes root cause analysis, 
goal setting, corrective action planning, follow-up, and 
training. In FY2022–2023, 100% of assessed suppliers, 
presenting issues, were issued corrective action plans. 
This number is notably high, and it reflects our attention 
to detail and strict compliance requirements. 
Our goal is to improve social and environmental 
performances in the supply chain, not necessarily to 
reduce the number of corrective action plans. Every 
corrective action plan (CAP) issued to a supplier is tailor 
made for the unique issues found and reported at the 
facility. The timeline for the CAP is decided based on the 
severity of the issues found, as well as the feasibility of 
resolving the issues in the proposed timeline. We choose to 
leverage these opportunities to encourage open dialogue 
and transparency. We also focus on incident prevention 
by improving training frequency and effectiveness and 
supporting suppliers in creating better working environments 
and management systems.
We endorse the concept of equal partnership, as promoted 
by the Sustainable Apparel Coalition (SAC). The SAC 
focuses on working toward collective goals with respect for 
everyone in the supply chain. To further this ideal, GUESS 
has partnered with hundreds of suppliers over the years and 
monitored about 3,500 factories since our program started. 
This helps support continued improvements in both social and 
labor practices. Today, our supply chain social compliance 
program has become a significant asset, but there is always 
more to do. We are constantly evolving and expanding with 
new requirements and training taking place each year.
Protecting workers through responsible sourcing
In addition to improving transparency, training, and 
oversight in our supply chain, our raw material sourcing 
and responsible production policies and initiatives help to 
protect workers and communities by encouraging the use 
of raw materials produced with higher environmental and 
social standards. 
	» For more, please see our Responsible Cotton Sourcing Policy, GUESS Denim 
Water and Chemical Management Policy and Responsible Sourcing Policy 
on Manmade Cellulosic Fabrics available on sustainability.guess.com. 
Vendor Scorecard (VSC)
Our goal is to build solid and long-term relationships 
with our supply chain partners. To support this goal, 
we created a scoring mechanism – the VSC – to measure 
the performance and effectiveness of all core vendors 
that provide goods to GUESS.
Each vendor and its related sites are regularly evaluated 
against six pillars. These results are then compared with 
previous performance to help identify areas of weakness 
and opportunities for improvement. The pillars cover quality, 
performance, and ESG topics and include qualitative and 
quantitative indicators, at both the supplier and site levels. 
Our VSC will be updated in the fall of FY2024. 
Sustainable Vendor Rating (SVR)
The SVR will be integrated with the VSC to provide a 
comprehensive assessment of the GUESS supply chain. 
The assessment is based on a unique rating system 
(six tiers) and on a percentage score for the evaluation 
and improvement of the sustainability performance of the 
GUESS supply chain. This enables us to evaluate and 
prioritize suppliers based on environmental performance. 
In FY2023, 82% of new suppliers were screened on 
environmental criteria using the SVR tool. This data 
encompasses suppliers who failed to provide the necessary 
information: these suppliers have been assigned with the 
lowest rating due to their lack of transparency. In fact, at 
GUESS, we consistently prioritize transparency as a 
fundamental value in our partnerships with all business 
partners. Hence, we expect all participants in our supply 
chain to uphold and embrace this shared value providing 
all needed information when required.
The categorization of suppliers into tiers based on their 
performances as captured in the SVR, enables GUESS to 
immediately identify any risks in the supply chain related 
to environmental sustainability performance that plants 
may have. The tiers have been developed taking into 
consideration GUESS policies, company requirements, and 
GUESS ESG Goals. This makes it easy to quickly assess the 
plants benefits or potential negative impacts based on its 
tier level. We also created an ad hoc action plan to be 
implemented which aims to mitigate the potential impacts 
identified through the tier categorization. We will continue 
to work on improving the analysis carried out with the SVR 
tool. As the granularity of the data improves, we plan to 
begin reporting more details in the upcoming ESG Reports.
Beyond SVR and HIGG FEM assessments, GUESS does 
an environmental screening of its suppliers during social 
compliance assessments. Major environmental impacts 
during these assessments refer to waste management, 
mainly in terms of the missing use of authorized contractors, 
the missing retention of hazardous waste disposal’s 
records and the improper disposal of chemical or solid 
waste, and to missing/inadequate environmental 
monitoring. Other impacts include the absence/
inadequate environmental permits. The assessments did 
not detect any non‑conformities related to discharge of 
waste in water supplies. In FY2022–2023, 100% of 
assessed suppliers, presenting environmental issues, were 
issued corrective action plans. No supplier was terminated 
in FY2022-2023 as a result of this assessment.
Regulatory oversight 
Although GUESS’ approach to supply chain responsibility 
is driven by best practices, it is also increasingly influenced 
by ESG regulation.
100%
100% 
of suppliers identified as having significant 
actual and potential negative social impacts, 
have agreed improvement plans in place
100%
100%
corrective action rate for suppliers’ labor code
The GUESS Conflict Mineral Policy supports the requirements 
of the Dodd-Frank Wall Street Reform and Consumer 
Protection Act on conflict minerals. While GUESS does not 
source any conflict minerals and, in most cases, is many tiers 
removed from these mining activities, we continue to clearly 
articulate our expectations of suppliers on this matter. 
Suppliers are strongly encouraged to support industry efforts 
to enhance transparency and traceability in the supply chain. 
Since 2006, Guess US has conducted security audits of its 
overseas factories as part of the Customs-Trade Partnership 
Against Terrorism (C-TPAT) program. The audits are 
conducted in cooperation with US Customs and Border 
Protection, which is an agency of the Department of 
Homeland Security, to further improve security measures 
throughout the supply chain.
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APPENDICES
ESG REPORT FISCAL YEARS 2022–2023

SUPPLY CHAIN RESPONSIBILITY AND LABOR RIGHTS continued
GRI 2-6
GUESS’ directly sourced apparel, jewelry, and accessories by country and units purchased
Asia
Country
FY2023
China
31%
Bangladesh
29%
India
17%
Pakistan
3%
Myanmar
2%
Vietnam
2%
Indonesia
2%
Sri Lanka
1%
Cambodia
<1%
Other
2%
Factories by region
We work with our suppliers to meet our high 
standards of product quality and safety, as well 
as ethical, social and environmental principles. 
By engaging our partners and cultivating strong 
relationships, we help mitigate risks and 
strengthen our supply chain. 
Asia
North America and Central America
Europe, Middle East, and Africa
90+
90+4+6+G
Europe, Middle East, and Africa
North America and Central America
Country
FY2023
Italy
2%
Turkey
2%
Tunisia
2%
Country
FY2023
Guatemala
3%
Mexico
1%
Total suppliers used in FY2023
375
90%
4%
6%
40
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GOVERNANCE
APPENDICES
ESG REPORT FISCAL YEARS 2022–2023

DIVERSITY AND INCLUSION
Celebrating 
diversity and 
inclusion
GUESS is built on the belief that a strong 
organization is a diverse and inclusive one. 
This is a value that has always been held by the 
Marciano brothers, and at GUESS, we always 
strive to create a workplace that is fair, where 
the culture is inclusive, and where everyone 
can be their most authentic selves. 
Our rich and vibrant culture is grounded in the 
various backgrounds, attitudes, ideas, and 
perspectives of our talented and diverse team. 
Diversity and inclusion are the cornerstones of 
our business and is something that we actively 
seek out and promote.
These beliefs are also reflected in our 
communication with our customers. 
Goals
•	Review company marketing and advertising 
materials and develop plans to ensure diverse 
representation (ongoing) 
•	Maintain gender pay parity at all levels and 
geographic regions (2025)
•	100% of Directors and above trained on 
harassment prevention in workplace (2025)
•	100% of Managers covered with unconscious 
bias training (2025)
GUESS Accessories campaign, spring 2023; 
Los Angeles, California.
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APPENDICES
ESG REPORT FISCAL YEARS 2022–2023

DIVERSITY AND INCLUSION continued
Diversity and inclusion at GUESS
Our expectations to support a diverse and welcoming 
workplace are detailed in the Guess?, Inc. Code of Ethics, 
and we expect everyone here to promptly report and 
investigate concerns about potential discrimination. 
We instituted an open-door policy that fosters honest 
and open communication. 
To further create a safe workplace, GUESS associates 
are encouraged to discuss work-related concerns and 
issues with their Manager, Department Head, Human 
Resources, and Executive Management. Our global 
whistleblower hotline allows associates to report concerns 
about unethical behavior and other potential conflicts. 
D&I Council
Our D&I Council aims to foster a workplace where 
employees enjoy a sense of community, belonging, 
and opportunity for dialogue. This council supports the 
integration of D&I throughout the business, focusing 
on inclusive leadership, employee training, and a work 
environment that promotes growth and opportunity for all.
Since FY2023, we have added six new members to the 
council. These new members will help to support the 
continuation of the US initiatives which include training 
for associates and Managers, community support through 
GUESS Foundation and GUESS Cares, greater diversity 
in advertising and marketing, training and compliance 
programs in our supply chain, and celebrations of 
multicultural and inclusive holidays and other days 
of observance. 
At the same time the European D&I Council is in the 
process of being relaunched, in order to foster greater 
representation throughout the region. The Council will also 
aim to redefine the D&I strategic priorities to be in line with 
the evolution of the organization over the past years. 
Gender diversity
Gender diversity remains an important pillar of our beliefs, 
and we are working to create greater balance across 
categories and regions. Currently, we see that most of 
our associate positions are held by women, whereas, 
globally, most Executive roles are held by men with a 
ratio of 70% : 30%. 
Gender pay parity
GUESS believes that everyone should be compensated 
fairly for their work, regardless of gender or any other 
factors. We care about our people through action, and 
gender pay parity is one way we are working to show that. 
This is the right thing to do, but it’s also the most effective 
way to ensure that our employees are motivated, engaged, 
and committed to achieving our company’s goals. 
As part of our ongoing commitment to gender pay parity, 
GUESS has started monitoring the pay ratio between male 
and female employees at corporate and retail levels. We 
are continually monitoring pay ratios in all countries where 
we have direct operations, excluding Korea and Japan. 
For corporate and retail locations, we were very pleased 
to see that we have achieved gender pay parity on 
average at global level in FY2023.
Given our particular organization and fashion industry 
turnover, especially in retail locations, we are aware that 
the spot rate at year end (here represented) may be not 
fully representative of salary fluctuations occurred during 
the fiscal year. As a consequence we consider pay parity 
a ratio of 100% +/-10%. 
MANAGEMENT AND NON-MANAGEMENT BY GENDER* 
67+
67+26+26+7+K 74+
74+19+19+7+K
Management
Managers and above 
including Executives
Other employees
67%
74%
26%
19%
7%
7%
 Female 
 Male 
 Not declared
RATIO OF BASIC SALARY BREAKDOWN BY GENDER BY EMPLOYEE CATEGORY (WOMEN TO MEN)
Corporate (Global)
Retail (Global)
GRI 2-25, 2-26, 405-1, 405-2, SASB CG-MR-330a.1
97%
98%
*	 All Global retail and corporate employees as of end of FY2023.
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ESG REPORT FISCAL YEARS 2022–2023

DIVERSITY AND INCLUSION continued
•	Umoja Center – A collaborative of community-driven 
non-profits and initiatives that work toward community 
education, housing stability, cultural programming, 
and economic empowerment. The GUESS Foundation’s 
donation has supported the Mutual Aid Produce and 
Vegan Hot Meal giveaways, as well as the Center’s 
annual rent and maintenance needs.
•	The World Stage – An educational and performing 
arts center that hosts weekly workshops and concerts 
for musicians of all ages and skill levels. The GUESS 
Foundation’s donation has supported the purchase of 
musical instruments for TWS’ jazz band classes, funded 
monthly live performances, and covered rent and 
building costs.
•	Black Girls Smile – Funding will support the Therapy 
Assistance Program, which alleviates the burden of 
seeking therapy for Black women and girls. The program 
provides financial support for therapy sessions with 
culturally, racially, and gender-sensitive mental 
health professionals.
Ethnic diversity
With the growing focus on ethnic diversity, we have 
expanded the scope of ethnicity tracking in our US 
operations. This allows us to make informed decisions 
when developing initiatives that can best address the 
needs of our employees. Whether it’s providing culturally 
specified training materials or creating specific employee 
development programs for underrepresented groups, 
we are pleased that these initiatives are contributing 
to a more diverse workforce as a whole.
BIPOC community relationships
Another way we implement our focus on diversity is 
through the GUESS Foundation. Starting in FY2021, we 
committed to donate one million dollars to inspirational 
and impactful non-profits that promote art, culture, 
education, empowerment, and wellness within the Black 
and African American communities. This year, the GUESS 
Foundation’s donations will continue helping fund the 
following programs:
SASB CG-MR-330a.1
RACIAL/ETHNIC GROUP REPRESENTATION OF U.S. EMPLOYEES BY CATEGORY
 Indigenous American/Alaska Native
 Asian
 Black or African American
 Hispanic or Latinx
 Native Hawaiian/Pacific Islander
 White
 Two or more races
0+23
23+0+4+0+6969+0+4+K
Executives
69%
4%
23%
4%
1+4+1818+5454+0+1818+0+5+K
Retail
1%
4%
18%
54%
18%
5%
0+19
19+9+2828+1+3939+0+4+K
Corporate
39%
1%
28%
19%
4%
9%
•	National Black Child Development Institute 
– Funding will support childhood education and 
literacy programs. NBCDI has been developing 
and delivering strengths-based, culturally relevant, 
evidence-based, and trauma-informed resources that 
respond to the unique strengths and needs of Black 
children around issues including early childhood 
education, health and wellness, literacy, and 
family engagement.
Integrating D&I into HR processes and tools
During FY2022–2023, we continued to review and 
update human resource tools to support diversity and 
inclusion. These initiatives included: 
•	Job descriptions – We revised the language in 
our job descriptions to ensure that it’s inclusive, reflects 
our diverse brand, and emphasizes our commitment to 
diversity and inclusion. 
•	Performance appraisals – Performance appraisals 
now include questions on what associates have done 
to encourage and integrate diverse ideas into the 
company culture. 
•	Health benefits – We clarified the language in our 
benefits plans to better describe our coverage of 
gender transition services. These benefits have been 
available to our associates for years, but they are now 
more clearly defined and communicated, which helps 
to normalize this topic. 
•	FIDM student scholarship – We revised our 
scholarship information to be more inclusive and 
welcoming to all applicants and to support recruitment 
of underrepresented groups.
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APPENDICES
ESG REPORT FISCAL YEARS 2022–2023

DIVERSITY AND INCLUSION continued
D&I training 
Creating a culture where everyone is welcome requires 
engagement and education. To do this, we have facilitated 
a variety of events to promote the inclusion of marginalized 
groups, support differing communication styles, and share 
the benefits of diversity in our business. 
Expert-led Training
Several members of the D&I Council completed a six-part 
virtual diversity and inclusion training program with 
Cornell University. We have also made additional training 
programs available to all associates.
A first set of D&I and wellbeing dedicated Training has 
been launched through the “Design your knowledge” 
platform, a repository that is addressed to all countries in 
Europe, with all courses’ localization in local languages. 
GUESS Developmental Series
We value that our employees and customers are endlessly 
diverse. Our GUESS Family spans nationalities, cultures, 
and even generations. In FY2023, we launched our GUESS 
Developmental Series to supplement our D&I trainings. The 
goal of this series is to help our employees to communicate 
and relate to one another more effectively. We covered 
topics such as email etiquette, inclusive language, 
engagement, and meeting inclusivity. 
Courageous Conversations
Our FY2023 Courageous Conversations panel discussions 
aimed to create a safe environment for like-minded 
individuals to speak on topics such as Women of GUESS, 
Mental Health Awareness, and How to Celebrate Pride. 
The conversations included external experts as well as our 
brilliant associates. Asking thought-provoking questions 
around the stigma of mental health, the fashion industry’s 
role in normalizing diverse understandings of what it 
means to be a “woman” and the meaning of pride, the 
discussions help promote inclusivity and give visibility to 
marginalized groups.
Mandatory Cornerstone training 
In FY2023, we launched two new D&I training sessions, 
which were mandatory for employees in the US. With 
separate trainings for both Managers and employees, 
these sessions provided each group with an introduction to 
D&I as well as microlearning modules assessed through our 
Learning Management System. We are planning to create 
additional mandatory D&I curriculums through Cornerstone.
Gyrl Wonder Conference
Our partner since FY2021, this past year, Gyrl Wonder 
hosted its inaugural #gyrlgethired conference in New York 
City which featured women of color in leadership roles 
sharing how they built their careers. The #gyrlgethired 
conference also provided attendees with compelling panel 
discussions spotlighting participants from GUESS, 
BuzzFeed, Dior, Bunim and Murray, and Gyrl Wonder. 
The World Stage (Los Angeles HQ).
SASB CG-MR-330a.1
Among the main trainings available on the 
platform we launched: 
Wellbeing
•	Bye-bye burnout
•	Mind your Brain
•	Oh yess, it’s stress
Communication
•	Writing emails
•	Cultural diversity
Personal strength
•	Curb your bias
•	Mindfulness
•	Confronting bullying and harassment
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APPENDICES
ESG REPORT FISCAL YEARS 2022–2023

Empowering 
our teams
Everything we do comes back to our people 
and our values. For GUESS, it has always been 
about hope, belief, creativity, and excellence. 
These are values we hold dear, values that guide 
our decision making and propel our businesses. 
These are the values that help us to gather a team 
of talented creatives that build our brand and 
enrich the GUESS Family. 
Our teams are the ultimate priority, and we 
empower them to build long-lasting and rewarding 
careers at GUESS. With utmost respect for the 
individuals we employ, we provide our teams 
with opportunities and training to achieve their 
individual goals. From early career development 
opportunities to valuable leadership skills, 
we encourage our associates throughout 
their careers with resources that support their 
wellbeing and their individual beliefs. 
Goals
•	All associates will be sustainability literate 
(2025) 
•	Expand wellness and mental health programs 
for all employees (2025)
•	Create a metric to measure internal promotion 
rate to Senior Manager positions and above 
versus external (2025)
•	Create a metric on learning hours and assess 
the baseline; disclose medium‑term target 
(2027)
EMPLOYEE WELLBEING AND ENGAGEMENT
GUESS Wears Pink  
(Lugano, Switzerland HQ).
45
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APPENDICES
ESG REPORT FISCAL YEARS 2022–2023

EMPLOYEE WELLBEING AND ENGAGEMENT continued
Employee recognition
We believe in celebrating the successes and achievements of our 
employees, and we recognize the hard work they put in on a 
daily basis. 
We show employee recognition in many ways. Every month, the 
GUESS Management teams share emails thanking employees for 
their efforts. When a team member has a work anniversary, we take 
time to individually thank them for their dedication to the company. 
We also run a monthly recognition program to provide space for 
colleagues to show gratitude to one another. Employees can send 
appreciation cards to their colleagues to thank them for their role 
on a project, task, or team, and as part of the thank you, colleagues 
are entered into a monthly raffle with a chance to win a prize.
Employee benefits
When we hire someone, we take on the responsibility of 
supporting that employee, and part of that support is 
ensuring their access to benefits. Benefits are an important 
part of attracting and retaining talent. Across our corporate 
and retail teams, we ensure that each employee receives 
appropriate rest and vacation time, as well as bespoke 
benefits depending on location such as health care, parental 
leave, employee discounts, and retirement provision. 
In the US, we offer a variety of benefits to both full-time 
and eligible part-time associates. These benefits include 
medical, dental, and vision coverage, flexible spending 
accounts, retirement savings plans, and in some cases, 
bonus and associate stock purchasing plans. Additionally, 
we offer life and accident insurance, disability coverage, 
and associate assistance programs. 
In Canada, Europe, and China, benefits are country 
or province specific and include health care, life, and 
disability insurance, and critical illness coverage, among 
others. In Korea, benefits include coverage of medical 
checkups, national pension, employment insurance, workers’ 
compensation insurance, and a retirement gratuity system.
To help support employees on their paths beyond GUESS, 
we offer vital transition assistance programs. These vary 
by country but are provided to facilitate continued 
employability and the management of career endings 
resulting from retirement or termination of employment. 
Typically, services are available only to direct employees 
and can include pre-retirement planning for intended 
retirees, retraining for those intending to continue working, 
severance pay, and assistance (such as training, and 
counseling) on transitioning to a non-working life.
Health and wellbeing
At GUESS, the safety and wellbeing of our associates is 
a top priority, and we recognize that mental and social 
wellbeing are as essential to overall health as physical 
wellbeing. Today, mental health issues are among the top 
workplace issues in the US, with one in five Americans 
impacted by mental illness during their lifetimes. We have 
all endured and continue to experience a time of 
unprecedented challenges and uncertainty. We believe 
that by supporting mental and physical wellbeing, we can 
do our part to create a positive work environment for all. 
Guess US offers an incentive-based wellness program 
aimed at supporting associates to achieve their personal 
physical and mental wellness goals. This platform offers 
a variety of on and offsite activities where associates can 
earn points for health-related activities like gym visits, 
nutrition seminars, meditation classes, and biometric 
screenings. Time can often be our biggest adversary, 
so we provide employees with time and space through 
dedicated walking groups, a convenient gym at our 
campus headquarters, and classes like cycling and yoga. 
Supporting our associates during the pandemic
Our commitment to the health and wellbeing of our 
associates has never been as important as during the 
pandemic. We created a global COVID-19 Emergency 
Response Committee that has been working to share 
resources around remote working and health and safety. 
To support colleagues, we have continued to offer our 
health and safety hotline, made available 24/7. We also 
expanded our regular health and safety email series to 
cover overall wellness and self care tips.
In our distribution centers, we have taken additional 
precautions to ensure safe working conditions and mitigate 
the risk of large outbreaks, including staggered scheduling.
Over 80% of retail and distribution center 
employees earn over minimum wage. 
GRI 404-2
GUESS Halloween costume 
competition (Los Angeles HQ).
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APPENDICES
ESG REPORT FISCAL YEARS 2022–2023

EMPLOYEE WELLBEING AND ENGAGEMENT continued
Health and wellbeing continued
Mental health training
To educate our associates on mental health, we partner 
with experts in the field to offer our employees data and 
support to help educate them about their own wellbeing 
and the wellbeing of their colleagues. 
In FY2023, we were proud to partner with Project Healthy 
Minds and the National Network of Depression Centers to 
offer specialized trainings for employees that provide them 
with tools to address mental health problems and support 
colleagues who may be struggling. Project Healthy Minds 
seeks to destigmatize mental health by creating campaigns 
with celebrities, hosting panels and events, and partnering 
with brands.
Guess US established a wellness program in FY2023 to 
help raise awareness and understanding of mental health 
and wellbeing. This program was comprised of panels, 
workshops, and various training for employees. At the 
heart of our wellness program is the Wellness Wednesday’s 
series, which hosts external speakers such as licensed 
therapists, psychologists, and life coaches to discuss topics 
including emotional intelligence and coping skills, burnout, 
grief, and sourcing professional help.
Employee training and development
At GUESS, we are dedicated to supporting the growth 
and development of our associates by providing a diverse 
range of training and development opportunities. 
We offer customized training for associates in each region, 
supporting their operations and career advancement goals 
no matter their career stage. These trainings come in a 
variety of formats including classroom courses, e-learning, 
external seminars, and virtual training. 
Our e-learning platform, MyAcademy, enables employees 
to access these trainings no matter where they are based. 
In FY2023 we were excited to launch our new 
development tool, GES Conversations (Growth, 
Engagement, Satisfaction), aimed at field employees in 
the US. This tool will be used to help focus and support 
individual performance. We also offer a wide range 
of training for corporate employees including:
•	Management Development Program – During 
FY2022–2023, 49 US Managers and 100 EU HQ 
Managers participated in this six-month development 
program, which supports essential leadership skills, 
including basic management, effective communication, 
delegation, conflict resolution, and coaching. 
•	Coaching and assessment (EMEA) – We provide 
coaching sessions to enable associates to unlock their 
full potential, maximizing their performance level and 
personal growth.
•	Performance management (EMEA) – We provide 
trainings for Managers to support their teams to reach 
their goals.
•	Design Your Knowledge (EMEA) – We provide a 
catalog of nearly 100 online training courses focused 
on personal development. 
GRI 404-2
GUESS Community panel discussion on gender equality 
(Lugano, Switzerland HQ).
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APPENDICES
ESG REPORT FISCAL YEARS 2022–2023

Employee training and development 
continued
We also offer a variety of training for retail employees 
including:
•	Future Leaders Program (US) – Aims to develop 
high-potential sales associates for succession into 
management. In FY2022-2023, 47% of those who 
participated in the Future Leaders Program received 
a promotion. 
•	Product Knowledge trainings – Provides knowledge 
of GUESS products to field teams to support them in 
becoming brand ambassadors and personal stylists. 
•	The Master Class (US) – A monthly training series on 
different topics including growth mindset, goal setting, 
loyalty, hiring, product knowledge, scheduling, new 
field training initiatives, and other topics of interest to 
our employees in the field. Masterclass training topics 
were reinforced through monthly Managers’ meetings 
to turn concepts into actions in each store.
Developing young talent
We are always on the hunt for talent from the next 
generation, and that search begins with our internship 
program. GUESS runs a 10-week, full-time internship 
experience in the US as well as an apprenticeship program 
in Europe. 
Our US internship program is designed to be experiential, 
aimed at providing interns with valuable, real world 
experience. In FY2023, our interns participated in a 
variety of activities including discussion panels, a visit to 
the Marciano Art Foundation, and teachings about 
operations at our flagship store. We also hosted special 
career development workshops where recruiters helped 
review participating interns’ resumes. In total, we hosted 
54 interns across multiple departments including 
Advertising, Buying/Planning/Allocation, Customer Care, 
Design, Finance, Marketing, Merchandising, E-commerce, 
Internal Audit, Sustainability, Licensing, Field Operations, 
MIS, Wholesale, and Supply Chain. 
In Europe, we have continued to develop our apprenticeship 
program aimed at Business School students in Ticino. 
The apprenticeship is three years, and it helps support the 
integration of potential future associates into the company 
by facilitating structured rotations between departments 
including HR, Accounting, Logistics, Customer Service, 
and Marketing.
EMPLOYEE WELLBEING AND ENGAGEMENT continued
We provided valuable, real world work 
experience to 54 interns at our Los Angeles 
corporate head office in FY2023.
GRI 404-2
GUESS summer 2022 internship program 
(Los Angeles HQ).
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EMPLOYEE WELLBEING AND ENGAGEMENT continued
Employee engagement
Employee engagement is an essential part of workplace 
satisfaction. Throughout the last year, we have hosted 
various events to help bring employees together and 
celebrate the diversity of our business. 
•	Celebrating Mother’s Day and Family Day 
– To recognize the value in the diversity of colleagues’ 
families, we asked associates with children from 
across the business to share their experiences as 
working parents. In turn, they recorded videos which 
were then edited and shared on our social media.
•	Recognizing European Day of Languages – As a 
global company, GUESS has talent across the world, 
speaking multiple different languages. In celebration 
of this diversity, we asked colleagues to share what 
working at GUESS means to them, with answers 
submitted in their native languages.
•	Hosting fun Halloween activities – In both our 
European and US HQs, we ran a Halloween costume 
competition across different departments. Colleagues 
voted on the most creative, and the winners received 
a free breakfast or a GUESS gift card.
•	Farmers’ market and bingo – In the US, we held 
a several in-person events focused on bringing our 
colleagues together in an interactive way to support 
charities and small business owners. These events 
included farmers’ market and annual pride-themed 
bingo.
Building on the above, we have executed several events 
through GUESS Fun, an initiative from our European HQ that 
organizes activities that create a sense of belonging and 
community for teams across the company. Thanks to GUESS 
Fun, a cooperation group has been created to channel 
and organize activities ranging from contests and raffles, 
to sporting activities such as skiing, volleyball, and football.
Our GUESS Community program in the EU helps bring 
associates together to work towards a common goal that 
will positively impact their lives and society. Through the 
GUESS Community program, we hosted several events to 
help support mental and physical health and wellbeing, 
with themes including mental health, gratitude, gender 
equality, and the environment. We brought in expert 
speakers to take part in panel discussions and hosted 
forums for community experience sharing. 
Sustainability employee engagement 
One of the best ways we encourage sustainability is 
through the products we sell. By educating store associates 
on the sustainability features of our GUESS ECO and 
Consciously Constructed merchandise, we can help drive 
impact on a wider scale through our customers.
When it comes to corporate and retail training programs, 
product knowledge training is a valuable tool. These 
trainings include videos, courses on MyAcademy, 
information on the sustainability credentials of GUESS 
products, and the sustainable technologies and production 
processes we use. 
The MyAcademy platform is available for EMEA 
employees and includes trainings on animal welfare, 
our supply chain practices, and recycling. 
Additional training and informative webinars have 
been organized and developed in collaboration with 
the Sustainability and ESG team to support a deeper 
understanding of sustainability across the business, 
with a particular focus on sustainability reporting.
GUESS ECO Men’s Upcycle Event, 
November 2022; Throw Clay L.A.
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ESG REPORT FISCAL YEARS 2022–2023

EMPLOYEE WELLBEING AND ENGAGEMENT continued
Volunteering and fundraising
The commitment to “continue to give back to the community, 
support humanity, and protect the environment” is 
embedded in our mission statement. We are always 
looking for ways to increase engagement in the 
communities in which we work and live. 
Our approach is driven by our GUESS Cares program, 
an employee-led philanthropic initiative. We are proud 
to host at least one GUESS Cares event or volunteering 
opportunity every month.
Volunteering activities
Over the last year, GUESS associates have supported various 
initiatives benefiting victims of natural disasters, breast cancer 
research, pediatric cancer research, children’s charities, 
veterans’ organizations, animal rescue, and more.
Volunteering and fundraising highlights from FY2022–
2023 include:
•	Fundraising for refugees – Associates from our 
GUESS Poland office came together to raise funds to 
buy supplies for refugees affected by the war in Ukraine.
•	Tree planting – Guess US donated 5,415 trees, 
one for every North American corporate and retail 
employee, to be planted in areas affected by forest 
fires in California and British Columbia. Trees were 
planted by One Tree Planted in partnership with 
GUESS Foundation.
•	Creating spaces for children – Members of our 
internship program built playhouses for families with 
the organization Habitat for Humanity.
•	Supporting children’s learning – We provided 
back-to-school supplies, including 200 backpacks, 
for children in multiple Youth Activity Leagues through 
the Sheriff’s Youth Foundation.
•	GUESS Wears Pink – As part of Breast Cancer 
Awareness Month, colleagues in the US bought t-shirts 
to support the donation to Breast Cancer Angels. At the 
same time, our employees from other global offices 
came to work wearing pink to demonstrate support for 
breast cancer survivors. 
•	Employee wellness – We have held wellness 
workshops through the GUESS Cares program, 
aimed at supporting the mental and physical 
wellbeing of our own employees.
Holiday extravaganza
To celebrate the cheer of the holiday season, our GUESS 
offices put on various activities and events. In the US, 
employees were invited to a Holiday Mingle and Jingle 
celebration with food, drinks, a raffle, and an ugly sweater 
competition. The D&I team also coordinated a Holiday 
Farmers’ Market where employees could shop in support 
of small businesses.
Similar celebrations took place in Switzerland, with a 
Christmas market being held at our headquarters. We also 
ran a raffle to raise money for our charity partners and 
had a friendly competition for the best decorated 
office department.
5,415
trees donated in California 
and British Columbia
GUESS Wears Pink (Los Angeles HQ).
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CUSTOMER ENGAGEMENT
Engaging our 
customers
Everything we do is about our people, and our 
customers are an integral part of our GUESS 
Family. From the Marciano brothers and the 3-Zip 
Marilyn jean in 1981, to becoming an iconic 
lifestyle global brand, customers have always 
been at the center of what we do. 
Creating positive customer interactions is 
imperative to the health and success of our 
business. We work tirelessly to deliver customers 
an enjoyable and seamless shopping experience, 
in store, online, and on our mobile app. Whether 
fashion tastes lean towards sophisticated, trendy, 
streetwear, or vintage, our customers can choose 
from designs that provide uncompromising quality 
and flawless finishes with a commitment to 
customer safety and sustainability. 
While customer engagement did not appear 
as a priority topic in our materiality assessment, 
we want to recognize the steps we are taking to 
act responsibly and build this vital relationship.
Commitment
•	Deliver iconic designs made with 
uncompromising quality backed by 
exceptional customer service and a 
commitment to customer safety 
and sustainability 
GUESS campaign, summer 2023; Tenerife, Spain. 
Dress is made of recycled nylon.
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CUSTOMER ENGAGEMENT continued
Talking to customers about sustainability
Sustainability is becoming a bigger part of consumers’ 
purchasing decisions. We want to help them make choices 
that support their values and use our platform to engage 
consumers on sustainability.
We use product labels to communicate directly with our 
customers on product features. 
Our GUESS ECO jeans include pocket flashers made of 
recycled paper that explain the fabric benefits including 
things like water-saving production methods and the use 
of responsible manmade cellulosic fibers. Other identifiers 
used include sewn-in, embroidered, or printed labeling 
to display more sustainable products. For our eco jewelry 
collections, we include a label on the 100% recycled 
polyester pouch and insert a Forest Stewardship Council 
(FSC) certified card to confirm the use of recycled 
materials in the jewelry itself.
Circular initiatives
A big part of talking to customers about sustainability is 
encouraging them to make more sustainable purchasing 
decisions. One way we do this is by encouraging customers 
to bring in their old clothing for recycling. RESOURCED, 
our clothing takeback program, is located in all North 
American stores and select stores in Austria and Germany, 
with further expansion planned. Our GUESS vintage line 
promotes product buy-back and resale, allowing 
customers to support circular fashion while enjoying 
classic GUESS looks. 
Eco events
Each year, we hold eco events with influencers and the 
press to help engage our customers on sustainability 
topics. Events have included educational talks on our eco 
materials and processes, a beach clean-up, sessions on 
zero-waste cooking, making herbal teas, and creating 
clay pots. We also celebrated the launch of our latest 
GUESS ECO collection with a terrarium building workshop. 
Sample events from across Europe include:
Ocean Generation, London, UK
•	To celebrate the GUESS ECO Kids collection, we 
created an artificial “beach clean” made from sandpits 
with hidden “rubbish”. Children were guided through 
the sandpits to search, and collect the rubbish and were 
treated to an educational talk by Ocean Generation on 
the importance of protecting our oceans and beaches. 
Upcycling workshop, Munich, Germany 
•	We held a sustainability brunch in Munich with 15 
influencers and friends and learned about different 
ways to upcycle and recycle fashion. The workshop 
was hosted in conjunction with THE RENEWERY, a 
young Munich-based fashion business, that upcycles 
vintage clothes. 
GUESS ECO: Gift with purchase
To shine a light on our brand eco collection, GUESS 
recently established the Gift with purchase campaign 
where customers receive a gift when they purchase an item 
from our GUESS ECO range. In previous years, we have 
offered a reusable cotton bag or mug, and last year we 
were able to give customers a code to have a tree planted 
through the “Be(leaf) in Change” Treedom project. 
Customers were also able to use the code to see where 
the tree was planted and follow its life.
GUESS Upcycle Collection Event, April 2022: 
Conservatory, West Hollywood, CA.
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Customer satisfaction
Customer satisfaction and customer feedback have always 
been vital to us, so we continue to create more channels for 
customers to easily engage with us at their convenience. 
These channels include:
•	GUESS Customer Care – Here customers can submit 
comments through our OpinionLab software on our 
website, request a call back, or chat with us online.
•	GUESS Loyalty Program – Through multiple channels, 
we engage and update customers on the latest events, 
products, and services, as well as rewarding customers 
with points for purchases. Our Loyalty Program is 
industry benchmarked and internally audited to ensure 
we provide best-in-class experiences. 
•	GUESS mobile app – US customers can chat with a 
stylist while shopping, receive personal recommendations, 
track orders, become a member of the GUESS Loyalty 
Program, and talk to a customer care representative. 
•	Social media – Here our customers can connect 
directly with the brand, provide feedback, and engage 
with the GUESS community.
•	Retail and pop-up events – We select stores to 
showcase product releases, special initiatives, and 
new partnerships. 
•	PR events – GUESS PR hosts events for local key 
opinion leaders and influencers to build awareness 
and provide education around product releases and 
special initiatives. GUESS influencers have the ability 
to expand the brand’s reach through their social media 
followings and influence potential new customers as 
representatives of the company.
Product quality testing
Product safety and quality is an important part of our 
interactions with consumers. We have stringent quality 
and safety controls in place throughout our operations 
and supply chain. As part of our quality control program, 
we conduct quality, health and safety inspections for all 
product styles throughout the supply chain: from raw 
materials and prototype testing to contractor 
manufacturing and distribution centers. We perform 
random, in-line quality control checks during and after 
production, as well as before distribution. This strict 
protocol not only maintains the high quality and reputation 
of our products, but ensures the safety and satisfaction of 
our customers. For all our merchandise, we ask all vendors 
to provide quality tests regarding raw materials, 
embellishments and the final product, all in accordance 
with applicable regulations and our LRSM. For more 
about safer chemicals in our supply chain, see page 28. 
Product compliance 
At GUESS we are committed to providing high-quality 
apparel while ensuring compliance with all relevant 
regulations and industry standards. We diligently monitor 
and comply with all applicable laws, regulations, and 
directives related to the manufacturing, distribution, 
and sale of apparel in every region in which we operate. 
This includes, but is not limited to, regulations concerning 
safety, labeling, chemical restrictions, and product 
performance standards. It is important to note that 
GUESS has had no critical compliance issues over the 
past two years. Occasionally, there have been issues 
related to state or local requirements. If there is any 
question related to compliance, we address the issue 
and immediately recall the product. We continuously 
strive to improve our processes and maintain the 
highest level of product compliance to safeguard the 
trust our customers place in us.
Since 2019, our Customer Care Better 
Business Bureau rating has consistently 
remained at an A+.
CUSTOMER ENGAGEMENT continued
In the past year, we have enhanced 
our online shopping experience for 
customers. Using only relevant data, we 
are elevating our customers’ experience, 
while giving them greater control over 
that data. See page 62 for more details.
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COMMUNITY INVESTMENT
Supporting 
communities
Our commitment to giving back to our 
communities is embedded in our mission 
statement, and we do this by partnering with 
and supporting organizations that foster positive 
social change, development, and wellbeing. 
During FY2022–2023, we honored this 
commitment by supporting various projects and 
the people behind them that are transforming 
our communities every day. 
Over the course of this time frame, GUESS 
Foundation donated to over 40 non-profits while 
GUESS Cares supported close to 50 organizations. 
These contributions included clothing donations to 
centers for homeless youth and for communities 
near our LA HQ, volunteer events at low income 
community centers, and employee led drives to 
collect necessities such as apparel, computers, 
toys, and food to support these organizations. 
In addition to our charitable donations, both in 
the US and in Europe, we are always looking for 
ways to increase effective engagement in our local 
communities. Because after all, we are all connected. 
While community investment did not appear as a 
priority topic in our materiality assessment, we 
recognize the value this brings to communities, 
employees and other stakeholders.
Commitment
•	Our mission commits us to “give back to the 
community, support humanity, and protect the 
environment as part of our responsibility” 
GUESS Cares x Alex’s Lemonade Stand (Los Angeles HQ).
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GUESS Foundation
The mission of the GUESS Foundation is to pursue social, 
health, and educational opportunities that enhance the 
wellbeing, development, and protection, of men, women, 
and children in our global environment. 
Founded in 1994, the GUESS Foundation supports a wide 
range of causes whose messages promote social change. 
In FY2023, we donated to the Children’s Burn Foundation, 
the Los Angeles Children’s Hospital, the Crenshaw Subway 
Coalition, the Los Angeles Regional Food Bank, the World 
Stage Performance Gallery, Violence Intervention 
Program-Community, the Tower Cancer Research 
Foundation, and many more!
Through the Foundation, we have also been able to 
support our local communities hit by natural disasters and 
other hardships by sending product donations to those in 
need. Thousands of pieces of apparel and footwear were 
sent to organizations like Shelter Partnerships, Safe Place 
for Youth, LA LGBT Center, Jordan Down’s Center, Sheriff’s 
Youth Foundation, and the Global Gift Foundation.
GUESS Foundations in Europe 
The Fondazione GUESS Onlus was established in 
October 2014 by the Italian subsidiary of the GUESS 
Group. It represents the natural evolution of the 
philanthropic spirit that has always characterized 
GUESS, with a view to best directing resources and 
organizing activities that align with our vision.
Among the organizations and initiatives supported 
by GUESS in Europe during FY2022–2023 are:
•	The Associazione Fiorenzo Fratini Onlus oversees 
charitable projects in Italy and abroad. Through this 
charity we supported the donation of a portable 
echocardiograph to help children with rheumatic 
disease in Eritrea, and the donation of a transport 
incubator to the Meyer Children’s Hospital 
in Florence, Italy. 
•	The IEO-Monzino Foundation to support the 
Follow the Pink program, which aims to raise awareness 
of the importance of prevention and early diagnosis 
of cancers and support the European Institute of 
Oncology’s research on tumors affecting women. 
•	The Ocean Generation, an inclusive global 
movement advocating and engaging people to nurture 
a more sustainable relationship between humanity and 
the ocean. Our donations helped support the Project 
Ocean Academy, which aims to bring the ocean into 
classrooms for a new generation of children and 
provide open-source material about the ocean and 
how to protect it. 
COMMUNITY INVESTMENT continued
Jordan Down’s Center.
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Get 
things 
done
GOVERNANCE
GUESS Kids campaign, spring 2023; Los Angeles, California.
Outfits contain organic cotton.
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GOVERNANCE INTRODUCTION
Honesty, integrity, and strong governance
Key topics 
Governance and business ethics
	» Read about on pages 58-61
Responsible marketing
	» Read about on page 62
Data security and privacy
	» Read about on pages 63-64
The GUESS brand is built on the foundation of 
honesty, integrity, and strong governance across 
our supply chain and operations. We see our 
company as a team. From the supply chain to our 
stores, our GUESS Family is built on good values 
and support. 
To ensure the success of the GUESS brand, we 
have to implement the right structures so we can 
grow and evolve. We evaluate our performance 
throughout the supply chain, collaborating with 
partners and reporting on our achievements – 
and mistakes – openly and transparently. Building 
trust and respect with all those we work with is 
essential to the way we do business. This allows 
us to build lasting and mutually rewarding 
relationships with our associates, suppliers, 
and partners.
Sustainable Development Goals
We believe in strong governance to manage 
our impacts robustly and embed accountability into 
our business, while working with others to amplify 
our efforts. We align our work to SDG 16 Peace, 
Justice and Strong Institutions and SDG 17 
Partnerships for the Goals, and specifically 
target 16.6 to develop effective, accountable, 
and transparent institutions at all levels, and 17.16 
to take part in multi-stakeholder partnerships 
that mobilize and share knowledge, expertise, 
technology, and financial resources, to support 
the achievement of the SDGs.
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When it comes to ESG priorities there are several moving 
parts to ensure continued progress. ESG issues are covered 
by the GUESS Nominating and Governance Committee 
Charter, which is the leading supervisory body on ESG 
topics. Providing the Board with valuable intel, the charter 
helps determine ongoing ESG Strategies and Directives. 
ESG topics are discussed in detail annually and at Board 
meetings, as deemed necessary.
The CEO meets with our Vice President of Internal Audit 
and ESG quarterly, or as needed to stay informed about 
ESG Strategy, reporting, climate-related, and other 
sustainability activities within the organization. 
Additionally, our Sustainability Steering Committee 
reviews plans and monitors progress against our ESG 
Commitments and Goals. The Committee meets once 
or twice a year as needed, led by our Chief Executive 
Officer, along with our Chief Financial Officer and 
our global Executive leadership teams.
GOVERNANCE AND BUSINESS ETHICS
ESG 
governance
Our Sustainability and ESG team works to 
ensure that environmental and social responsibility 
is at the forefront of our decision making. Our 
global Sustainability and ESG team is made up 
of Directors and Senior Managers in the US, 
Europe, and Asia. This team reports to our 
Vice President of Internal Audit and ESG, who 
administratively reports to our Chief Executive 
Officer and directly reports to the Board of 
Directors’ Audit Committee.
This chain of command ensures that those 
involved in internal auditing and sustainability 
performance have a direct line of communication 
with the Board of Directors. By doing this, we 
elevate the importance of ESG company wide 
and allow for additional independence among 
our Internal Audit and Sustainability and ESG 
team. This structure strengthens our approach 
and the integrity of our data. 
Goals
•	Align Executive performance incentives 
with ESG KPI performance (2024)
•	Continuously improve GUESS 
Sustainability Assurance Framework 
to maintain the highest standards 
for ESG data quality (ongoing)
•	Continue to obtain “reasonable 
assurance” of our key ESG metrics 
and disclosures (ongoing)
•	Move to annual ESG reporting 
starting FY2026 (2025)
GUESS’ wider corporate governance structure takes a 
more holistic approach to ensure global accountability 
and engagement on ESG issues. With our Vice President 
of Internal Audit and ESG reporting administratively to the 
Chief Executive Officer, we ensure high-level oversight on 
all ESG-related commitments to drive successful execution 
and monitoring. With the support of internal stakeholders, 
this top-down approach helps to ensure deep integration 
of ESG across our global footprint. 
	» GUESS’ general approach to corporate governance is publicly available 
on our investor relations website at investors.guess.com. 
Audit Committee
Sustainability Steering Committee
Board of Directors
Sustainability governance
GRI 2-9, 2-13
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GOVERNANCE AND BUSINESS ETHICS continued
ESG priorities and Executive compensation
At GUESS, protecting the planet and caring for our people 
remain a top priority, and one of the ways we do that is 
by implementing environmental, social, and governance 
(ESG) standards. These standards show evidence of our 
commitment to safeguard the environment, fairly manage 
relationships, and conduct responsible governance. As 
years have passed, we have seen the increasing demand 
to integrate ESG criteria into reporting, performance 
evaluation, governance, and oversight. In FY2022, we set 
the goal to incorporate ESG criteria into our Executive 
incentive structure. With the continuing COVID-19 pandemic 
and the challenges businesses have faced, we have yet 
to meet this goal entirely. Heading into FY2024, we are 
reestablishing our strong commitment to integrating ESG 
criteria into our Executive performance incentives.
ESG risk management
As part of our sustainability assessment this year, we 
conducted a double materiality assessment to identify our 
ESG impacts, risks and opportunities through an integrated 
approach. We are in the process of incorporating ESG 
into our enterprise risk management framework and will 
consider the results of our double materiality assessment 
for future reporting periods.
Code of Ethics
Throughout our global operations, we conduct our 
business in accordance with the highest ethical standards. 
All employees – from Executives to associates – are held 
to our Code of Ethics. The Code guides every facet of our 
business, including how we operate both internally and 
externally with suppliers and business partners, with minor 
regional differences.
All new associates must read and engage with the Code 
of Ethics, incorporating it into every task and interaction. 
It clearly states our expectations on topics such as 
personal responsibility, conflicts of interest, confidentiality, 
treatment of employees, and many others. Our Code of 
Ethics emphasizes a standard of ethical conduct that 
must permeate all business dealings and relationships.
GUESS Europe corporate headquarters, Lugano, Switzerland.
GRI 2-13, 2-16
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GOVERNANCE AND BUSINESS ETHICS continued
GUESS ESG Controlling
A roadmap for the full integration of ESG programs 
in a comprehensive ESG governance system is very 
complex and requires continuous efforts to set targets, 
measure progress, and report to stakeholders. While 
ESG metrics are data intensive and judgment oriented, 
there are expectations for a higher degree of reliability, 
an acceleration of ESG Reporting processes, and the 
implementation of effective governance and 
internal controls. 
To meet stakeholder and regulatory demands, we have 
created a new ESG Global Controlling function, with a 
mandate to establish internal controls and reporting 
structures, set benchmarks and goals, and develop 
processes to provide robust reporting to our stakeholders, 
including regulatory bodies.
The role of the ESG Global Controlling function is to 
establish business requirements aligned with expectations, 
develop measurement and reporting policies, ensure 
internal control and governance is appropriate, 
and monitor ESG progress against our targets. 
This will further support GUESS to meet our ESG 
Commitments, provide accurate and transparent ESG 
Reporting, and develop and implement the necessary 
systems, processes, and controls to achieve success.
Accurate, comparable, 
and consistent
Our ESG Report is more than just a way for us 
to share our sustainability journey with our 
stakeholders. More than anything, it’s a way to 
demonstrate our continued commitment to create 
a positive impact on our environment and society. 
To ensure continued progress in sustainability, we 
strive to use data that is accurate, comparable, 
and consistent.
While Transparency and verification did not 
appear as a priority topic in our materiality 
assessment, we want to highlight the robust 
processes we have in place to reassure 
stakeholders and build confidence in our 
ESG Reporting.
GUESS Sustainability Assurance 
Framework
In keeping with our commitment to continuous 
improvement and transparency in reporting, in FY2021 
we undertook a significant internal auditing process to 
provide robustness and confidence in our sustainability 
reporting and performance data. By underpinning our 
reporting with a rigorous internal auditing and testing 
approach, we can provide GUESS stakeholders with 
internally verified, quantified, and reliable assessments 
of our sustainability performance. 
Our first step was to create a comprehensive reporting 
framework, the GUESS Sustainability Assurance 
Framework, that identified all the key performance 
indicators (KPIs) needed to provide a complete accounting 
of our sustainability performance. We also took this 
opportunity to link internal GUESS KPIs with disclosures 
and metrics in the GRI Standards and the SASB Apparel, 
Accessories & Footwear Sustainability Accounting 
Standard, and the Multiline and Specialty Retailers & 
Distributors Sustainability Accounting Standard. 
GRI 2-5
“We continue to be 
committed to obtaining 
reasonable assurance 
over our key ESG 
metrics and disclosures 
and will begin reporting 
on an annual basis 
starting FY2026.”
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GOVERNANCE AND BUSINESS ETHICS continued
GRI 2-5
GUESS Sustainability Assurance 
Framework continued
A team of internal Sustainability and ESG Specialists and 
Internal Auditing Experts collaborated on the framework to 
ensure it covered the most relevant metrics and indicators. 
This approach builds on the knowledge and expertise of 
our Sustainability and ESG and Internal Audit teams as 
well as drawing from well-established internal auditing 
methodologies. The resulting framework includes nearly 
100 indicators, disclosures, and metrics that are disclosed 
throughout this report. For each metric, the framework 
identifies key sources, data owners, IT systems, and other 
information needed to create a replicable methodology 
year on year.
In FY2022, we expanded the framework to cover the 
underlying internal controls, reflecting best practice financial 
reporting processes. The internal controls must be executed 
and documented by the process and control owners before 
they provide and validate the data for the ESG Report. 
Having built these foundations, we will expand the internal 
control system in the coming years. 
The aim is to provide Management with the tools to prevent 
any material errors in our reporting, and provide internal 
assurance of the accuracy, reliability, and robustness of 
our reporting system. These internal controls demonstrate 
our commitment to fair, transparent, and reliable reporting. 
External reasonable assurance
We have been engaging KPMG as our third-party 
assurance provider since we released our first Sustainability 
Report covering calendar year 2014. Over the past eight 
years we have increased both the scope of the information 
assured and the level of assurance we receive. For the 
second report in a row, we have obtained reasonable 
assurance over our key ESG metrics and disclosures 
included on pages 81 to 103. Reasonable assurance 
provides a higher level of assurance than limited assurance 
about whether the information is fairly stated, in all 
material respects. 
GUESS has been one of the first in the fashion industry 
to obtain reasonable assurance over ESG metrics 
and disclosures.
Please see our Independent accountants’ report on 
page 80. 
Other initiatives to increase ESG 
transparency
We strive to be an industry leader in transparency through 
our continued membership of the Global Reporting 
Initiative’s GOLD Community and our membership on 
the SASB’s Consumer Sector Advisory Group.
We also reported with respect to:
•	Our GHG inventory – We report to CDP about our 
climate action approach and scored a B in our FY2023 
climate disclosure.
•	Our SBTs – We have set ambitious science-based 
GHG reduction targets for our company and supply 
chain, approved by SBTi in FY2022. We are a Business 
Ambition for 1.5°C campaign member.
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Product information and labeling
Providing customers with essential product information is 
extremely important. By labeling our products correctly, 
we encourage customers to shop responsibly. Customers 
can easily identify the product, the person responsible for 
placing it on the market, the care instructions, and the 
information that helps minimize risks. To ensure compliance, 
GUESS follows global regulations that set the criteria for 
the information included on apparel product labels. 
Our “Guidelines for Eco Fibers & Product Public Facing 
Claims” provide guidance to various internal stakeholders 
on eco fibers and the claims that can be made regarding 
GUESS ECO, Consciously Constructed, and conventional 
GUESS branded goods which contain environmentally 
preferred fibers and materials. 
The best practices described in the guidelines aim to 
ensure that GUESS communication is in compliance with 
the law and provides the consumer with clear, honest, 
and easy to understand messaging related to a product’s 
environmentally preferred fibers and material credentials. 
The guide is updated periodically to reflect changes in the 
law and market.
In France, new AGEC regulations are driving a shift 
towards a more circular economy for apparel and 
footwear. Following these rules, GUESS includes the 
Triman logo, which indicates how best to dispose of the 
product at the end of its life. To meet AGEC regulations, 
this information must be shown on a composition or 
temporary label and be placed directly on the product 
or embroidery, on the packaging, or even on a sticker. 
As regulation around responsible marketing, sustainable 
materials, and product claims continues to evolve, GUESS 
is staying informed of developments in different markets. 
By carrying out an assessment of product labeling and 
packaging compliance in France, Italy, and Spain, GUESS 
reviewed all products, with a particular focus on products 
sold to customers. We identified a number of potential issues. 
To rectify these disparities, GUESS aims to have new 
product labeling guidelines for all European markets in 
FY2024, which will reflect potential incoming legislation.
Sustainable communication training
At the beginning of FY2024, we hosted a special training 
session on the communication of sustainability, where we 
talked about best practices, benefits, and risks. The training 
was prepared specifically for GUESS employees and was 
delivered by a third-party organization. 
The aim of the session was to share more information 
regarding the complexity of effectively communicating 
sustainable concepts to consumers, and the risks associated 
with making inaccurate or unfounded claims. 
We were proud to see we had good attendance, with 
members from the Marketing, Communication, Sales, 
Merchandising, Product Development, Internal Audit, 
Sustainability and ESG teams present.
Customer data privacy
At GUESS, we see customers as guests in our own homes. 
We value customer safety, trust, and experience and 
are always looking for new ways to improve customer 
satisfaction. As online shopping becomes increasingly 
relevant, we have introduced a new system to deliver an 
enhanced guest experience. By using minimal amounts of 
data regarding shopping preferences and behavior of our 
guests, they enjoy a personalized shopping experience 
for ultimate ease of use. The GUESS enhanced shopping 
system leverages only relevant data to elevate your unique 
GUESS experience.
Transparency and clear communication are tenets of the 
GUESS vision. Rather than be unclear about our use of 
data, we recognize the value of personal data protection 
and want to assure our customers that precautions are 
being taken to protect their information. If customers prefer 
to have GUESS erase all their data, we are happy to 
accommodate that request, although this will impact their 
online GUESS experience.
RESPONSIBLE MARKETING 
Building 
customer trust
As a brand, we have a responsibility for not 
only the products we sell but also the ways in 
which we communicate with our customers. 
The way we market our products to the public 
is extremely important and must be done in a 
careful, and thoughtful way. With public and 
regulatory scrutiny of green washing growing, 
we recognize the increased need for transparency 
and credibility. This means ensuring we include 
the proper sustainability credentials in marketing 
for the GUESS ECO and Consciously 
Constructed collections. 
 
Goals
•	Review eco label policy in line with 
emerging best practice (2025)
•	Review eco marketing policy in line 
with emerging best practice (2024)
GRI 417-1, 417-2, 417-3, SASB CG-MR-230a.2
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DATA SECURITY AND PRIVACY 
Data protection
In the last few years, we have seen a strong push towards 
working from home which has had repercussions for both 
work-life balance and cyber security risks. As it stands, the 
boundaries between work and private places are becoming 
increasingly blurred. To accommodate for changing times, 
we are committed to creating new initiatives and protective 
measures to ensure our cyber safety. 
Data protection has always been a focal point in the 
GUESS information security strategy. That is why we have 
launched a global project to adopt new technologies to 
help guarantee higher security standards and greater 
control of personal and business data. 
At the same time, we have created a global vulnerability 
and patching management program to constantly track 
vulnerabilities on all company IT assets. This program will 
also prioritize our remediation efforts by utilizing a 
risk-based approach.
Aside from these important initiatives, we have also piloted 
a global cyber security awareness and training program 
for our employees and collaborators. We want our 
colleagues to be fully aware of all cyber security threats 
and foster personal and organizational resilience to cyber 
risks. Our mission is to equip our team with a toolkit of 
knowledge that will help protect them against malicious 
cyber activity. 
A holistic 
approach 
towards cyber 
security
We have a responsibility to protect our customers’ 
data and privacy. We use all the tools available 
to us to ensure we have systems including 
technological solutions, strong policies and 
processes, and employee training. To support 
this, we give consumers control over how we 
store and use their data.
In FY2023, we implemented an additional security service 
to monitor our critical assets on a 24/7 basis. Through a 
Security Operating Center (SOC) service, we have 
strengthened and widened our capacity to identify 
potential cyber threats and rapidly respond with 
appropriate procedures. 
Our security staff work in complete synergy with the 
IT Operations department to optimize the organization’s 
IT resources. This includes streamlining all software, data 
flows, and systems to improve infrastructure security while 
reducing our carbon footprint. Thanks to an accurate 
optimization of processes and business needs, we were 
able to shut down all physical and virtual obsolete servers. 
This has resulted in a significant reduction in cyber attacks 
and an increase in our energy efficiency. 
SASB CG-MR-230a.1, CG-MR-230a.2
Goals
•	Continuously improve the current data 
protection policies to promote sustainable 
business practices by avoiding costly data 
breaches that can harm GUESS and our 
clients (ongoing)
•	Establish a global “Bug Bounty Program” 
to incentive the identification and 
reporting of potential security 
vulnerabilities (2024)
•	Implement sustainable global asset 
management to reduce carbon footprint 
(ongoing)
“To accommodate for 
changing times, we are 
committed to creating 
new initiatives and 
protective measures to 
ensure our cyber safety.”
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DATA SECURITY AND PRIVACY continued
Data protection continued
As part of our commitment to ESG, we have improved our 
process for selecting IT solution providers. We implemented 
detailed guidelines that consider both cyber security risks 
and compliance with data protection laws. In order to 
safeguard our customers’ and colleagues’ personal data, 
we have begun to integrate cyber security best practices 
into the vendor selection process. This allows us to provide 
protection while also selecting the best IT solutions for 
our business. 
To protect our systems and data, we have adopted a holistic 
approach toward cyber security and sustainability. We use 
our resources wisely and continue to invest in technology, 
personnel, and training to ensure that we stay at the 
forefront of best practices. To further promote transparency 
on a company level, we will continue to record progress 
in our corporate social responsibility reports. 
 
Data privacy
Global attention to cyber security risks has increased 
markedly in recent years. With a rise in high-profile data 
breaches, every consumer-facing business must work 
harder to ensure customer trust. This is reinforced by the 
enactment of strong data protection regulations in the 
countries where GUESS operates, in particular, the EU 
General Data Protection Regulation (GDPR) and California 
Consumer Protection Act (CCPA). 
Reflecting this, we have systems and activities in place 
to maintain a high compliance standard relating to data 
processing. Our customers, employees, and suppliers 
entrust us with their data, and so privacy and protection 
are core requirements for our company. Improvements 
in FY2023 include: 
•	Revising our Global Corporate Data Transfer 
Policy in line with European guidelines – By 
analyzing the systems, tools, and infrastructure we use 
to process and transfer data, we have been able to 
apply the best legal, technical, and organizational 
measures available regarding data transfer, with a 
substantial focus on data transfers outside the EU.
•	Reviewing the cookie policy of our 
e-commerce website in line with European 
Data Protection Authority guidelines – 
Updates following this review give customers the 
greatest freedom of choice on the cookies that can be 
installed, allowing them to review their preferences at 
any time, and making our privacy notice clearer and 
more transparent.
Privacy and data protection are not a one-shot activity but 
an ongoing, dynamic, and constantly evolving process to 
work on, day after day. At GUESS we work continuously 
to design, develop, and run systems that process personal 
data in a proportional, fair, and secure manner.
SASB CG-MR-230a.1, CG-MR-230a.2
“We have systems 
and activities in place 
to maintain a high 
compliance standard 
relating to data 
processing. Privacy and 
data protection are not a 
one-shot activity but an 
ongoing, and constantly 
evolving process.”
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APPENDICES
GUESS campaign, Holiday 2022; Lake Como, Italy.
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Double 
materiality 
assessment
In FY2023, we carried out a double materiality assessment 
to identify, update, and prioritize sustainability topics, 
and refresh our ESG Strategy.
We carried out the assessment working with Anthesis 
sustainability specialists, in line with emerging best 
practice and regulation in sustainability reporting.
The assessment allowed us to identify which topics are 
material for our company both from an impact perspective 
– the impacts we have as a company on society and the 
environment – and a financial perspective – the ESG risks 
and opportunities our business faces and their potential 
financial implications.
Following the validation of our results 
with the Sustainability Steering Committee 
and our CEO, Carlos Alberini, we have been 
able to refresh our ESG Strategy and targets.
Quantitative Assessment: We carried out 
portfolio level analysis of our products based 
on sales volume and life cycle assessments to 
understand the individual and cumulative impacts 
of our product categories and materials.
Our approach considered both actual and potential, and 
negative and positive impacts on the economy, environment, 
and people (including impacts on their human rights), across 
our organization’s activities and business relationships. 
We built a multi-tier process, complying with relevant 
reporting frameworks including the GRI (Global Reporting 
Initiative) and SASB (Sustainability Accounting Standards 
Board), and in alignment with emerging ESRS (European 
Sustainability Reporting Standards) and CSRD (Corporate 
Social Responsibility Directive) principles when building 
an updated list. These frameworks informed our choice 
of topics for assessment, as did the topics from our most 
recent assessment completed in FY2020–2021, and a 
review of the topics identified and prioritized by a group 
of ten industry peers and leaders. 
To get a data-driven view of impacts in our value chain, 
we also carried out a quantitative impact study using sales 
and other data to understand hotspots for environmental 
and social impacts of our product portfolio. To achieve a 
deeper understanding of risks and potential financial 
impacts, we explored global, national and industry-level 
risk data sets for our key geographies. 
The topics identified as potentially material were also used 
as the basis of interviews with a range of external and 
internal stakeholders to understand their interests and 
priorities, and in surveys of customers and colleagues. 
Peer Review
Interviews
Surveys
Risk Analysis
Product Impact Study
10 peers were benchmarked to 
understand ESG priorities, 
ambition level, industry best 
practice and overall ESG maturity.
10 interviews were conducted 
involving 37 stakeholders, both 
internal and external (incl. Textile 
Exchange and our main Tier 1 
supplier for apparel) to gather 
insights on internal priorities, 
management capacity, and 
broader industry trends.
We ran two surveys involving: 
•	Over 3,800 customers
•	Over 1,100 global employees
We reviewed country-level and 
industry risks using the Risk 
Horizon platform, which 
aggregates the most 
comprehensive global ESG risk 
data sets.
We conducted an assessment of our 
product portfolio in order to identify 
the greatest impacts across our product 
categories. The study considered sales 
data, type of material and life cycle 
assessments, providing us with 
data-led insights that can help us 
better address our impacts.
With the evidence gathering complete, we carried out a 
set of workshops with senior stakeholders from across the 
business, to further explore and test the findings, with 
separate strands focused on impact and financial materiality. 
The workshops engaged the GUESS Sustainability and 
ESG team and senior staff from Audit, Legal, Risk and 
Finance functions. The assessment was then validated in 
a final sign-off meeting with our CEO, Carlos Alberini.
Based on the result of the double materiality assessment, 
we considered material a topic that has at least a 
significant impact. As shown in the matrix, fourteen of the 
fifteen topics tested emerged as clearly material to the 
future performance of GUESS, from both an impact and a 
financial perspective. One topic – community engagement 
– did not reach the same level by the process described 
above and thus was not included in the matrix as material. 
GUESS nevertheless continues to engage its communities, 
and will review this topic materiality in future assessments. 
Alignment with enterprise risk management
Risks identified through the double materiality assessment 
are being incorporated into the GUESS overall enterprise 
risk management approach and are subject to internal 
audit procedures, depending on the level of risk assessed. 
Our Internal Audit team conducts an annual global risk 
assessment encompassing all of the organization’s business 
functions. The global risk assessment considers likelihood 
Double 
Material 
Impacts
Impacts
Caused 
(Impact Materiality)
Incurred  
(Financial Materiality)
Reporting
Strategy
GRI 3-1, 3-2
MATERIALITY
and impact as a basis for risk management in addition to 
inherent risk and residual risk. Results of the risk assessment 
are communicated to the Board of Directors, Audit 
Committee, Senior Management, and external financial 
statement auditors, and are used to identify areas of the 
organization that will be audited for the upcoming year.
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MATERIALITY continued
FY2022-2023 
GUESS ESG 
material topics 
1  Labor rights
2  Climate
3  Sustainable materials and products
4  Employee wellbeing and engagement
5  Circular economy
6  Pollution and chemicals
7  Responsible marketing
8  Diversity and inclusion
9  Responsible sourcing
10 Nature and wildlife
11 Water stewardship
12 Packaging and waste
13 Data privacy and cyber security
14 Business ethics
Materiality matrix
Impact on society and the environment
Impact on the business
1
2
14
4
7
6
13
9
11
8
5
3
12
10
GRI 3-1, 3-2 
Changes to the list of material 
topics compared to the previous 
reporting period
By reviewing both impacts caused and impacts incurred, 
our materiality process looked different from our last. 
Looking beyond stakeholder commentary, we took 
quantitative sources into account and considered financial 
impact more formally. Reflecting this and to help shape 
our ESG Strategy, we have grouped the topics as “Priority” 
and “Significant” (see left).
Despite the different approach and the time passed since 
our last assessment, the results have proved to be well 
aligned to previous assessments. Primary variances include 
an increase in importance assigned to Climate, Circular 
economy, Pollution and chemicals, and Nature and wildlife. 
The main changes are reported in the “Management of 
material topics” (see pages 68 - 74). 
Fortunately, given evolving trends and imperatives, the 
results have corresponded closely with our expectations 
at GUESS. We have outlined any implications for our 
ESG Strategy moving forward at the beginning of this 
report, for example strengthening some of our targets 
around chemicals and committing to develop a biodiversity 
strategy. Major details about our material topics are 
covered in the next pages.
Topics to be monitored
Significant topics
Priority topics
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MANAGEMENT OF MATERIAL TOPICS 
GRI 2-23, 2-24, 3-3
Priority topics
1. Labor rights (previously labeled as Human 
Rights and Labor Relations)
This is covered in the Supply chain responsibility and labor 
rights section of our strategy and reporting. Due to the 
overlap in how we approach the topics, we report on 
labor rights and sustainable supply chain together.
As a global brand, we source our merchandise from 
hundreds of supplier factories in approximately 25 
countries. As GUESS does not own any manufacturing 
facilities, we do not have direct visibility over all the 
workers making our products. It is imperative, therefore, 
that we work with our suppliers to ensure that the workers 
in our supply chain are treated with dignity, paid fairly, 
and provided with safe workplaces. 
Trend vs. previous materiality assessment: Topic 
remaining with a similar level of priority.
Boundary and Involvement: Workers that are hired and 
managed by factories in our supply chain are external to 
the organization, and therefore we only have limited, 
indirect influence, particularly for sub-contracted suppliers 
with which we do not have a direct relationship.
Reporting Limitations: Workers at our Tier 1 supplier 
factories (those from which GUESS directly buys) are 
covered by our social compliance program. However, full 
visibility of supplier operations, particularly Tier 2 and 3 
vendors (such as fabric mills, spinners, weavers, etc.), 
remains a challenge given the indirect nature of our 
relationship and large network of supply chain operations. 
Actual or potential impacts: With a broad, global supply 
chain we have the opportunity to provide decent work and 
economic opportunity to finished product workers, and, 
further down our supply chain, textile makers and raw 
material growers. These working environments can also 
lead to negative impacts around working conditions, 
human rights, health and safety, and working hours. 
Policies & Goals:
•	GUESS Supplier Factory Code of Conduct
•	Publish and update an interactive multi-tier supply 
chain map (2025)
•	Becoming member of best-in-class associations for 
Social Compliance (such as The Bangladesh Accord 
and Better Work) to ensure all key factories have 
worker safety and wellbeing (2025)
•	Develop training and development opportunities to 
promote positive change for women (2025)
Impact management & effectiveness evaluation: 
For Tier 1 supplier factories, we publicly report our audit 
findings on a biennial basis (see pages 83-85). We use 
the trends found through audits and assessments to better 
inform our approach to training (content, format, 
participants and frequency), relationship building, supplier 
vetting and civil society engagement and positively impact 
workers beyond compliance. We are also continuing to 
monitor our program to align with best industry practice. 
We use our Vendor Scorecard program to evaluate our 
partners on key performance indicators that include social 
responsibility, environmental management, and innovation. 
The tool includes historical results, corrective action 
measures and GUESS training participation to ensure that 
the GUESS approach to vendor management and selection 
takes into account facility performance on these important 
topics. In some higher risk countries, we know we can have 
more impact by working with local or industry community 
groups such as INNO in China. With this in mind, we have 
begun working with external experts to pilot a worker 
engagement program in India, Bangladesh, and Pakistan. 
As transparency helps facilitate accountability and drive 
systemic industry change, we also monitor our transparency 
scores and continue to improve year on year. We measure 
continuous improvement by setting and reaching goals 
related to transparency, training and partnership, and 
publish a list of key facilities to provide transparency of 
our supply chain. We aim to publish and update an 
interactive multi-tier supply chain map by 2025. We also 
continue to reach our partners through ongoing training, 
and in an effort to increase the effectiveness of such 
trainings, ask attendees to share the knowledge internally 
with all employees. 
Specific Requirements: Tier 1 suppliers must sign our 
policy for responsible business conduct “GUESS Supplier 
Factory Code of Conduct” (CoC). This policy was drafted 
conducting an internal due diligence to identify, prevent, 
mitigate, and account for actual and potential negative 
impacts regarding human and labor rights violation in 
the GUESS supply chain. The CoC covers the principles 
concerning fundamental rights set out in the International 
Labor Organization (ILO) Declaration on Fundamental 
Principles and Rights at Work. The CoC is approved by the 
GUESS Nominating and Governance Committee and is 
publicly available at sustainability.guess.com. This policy 
is updated by the Sustainability and ESG team as deemed 
necessary and approved by the GUESS Nominating and 
Governance Committee. The last version of the policy was 
issued in October 2020. The CoC is always shared with 
new suppliers as a mandatory document to be approved. 
The Sustainability and ESG team is responsible to verify 
the compliance of Tier 1 suppliers with GUESS CoC 
following the Social Compliance program (see section 
“Supply chain responsibility and labor rights” for more 
details regarding this program). Suppliers must provide 
evidence of their social compliance record via audit 
reports and certificates issued by peer companies, 
third-party audits and certification bodies, or multi-
stakeholder organizations. 
2. Climate (previously labeled as Energy 
efficiency and greenhouse gas emissions, 
and Climate Change and Risk Governance) 
This is covered in the Climate section of our strategy 
and reporting.
Climate change is one of society’s most important 
challenges and we know we must play our part in reducing 
greenhouse gas emissions. Energy consumption as a 
retailer is directly linked to climate change, and also offers 
cost savings if reduced. Reporting GHG emissions is 
becoming a regulatory requirement in many jurisdictions, 
and the ability as a business to operate and compete with 
the expectations of a low carbon economy is important to 
our business and our stakeholders. We must also respond 
to the risks posed to our business by climate change.
Trend vs. previous materiality assessment: Topic rising 
in priority, driven by both risk and impact. 
Boundary and Involvement: Scope 1 (direct) and 2 
(indirect) emissions are considered internal to the 
organization in that we have operational control and 
influence over the energy consumption associated with 
such emissions. Scope 3 (indirect, other organizational 
and value chain activities - Category 1 - Purchased Goods 
and Services) emissions occur outside the organization; 
however, they are required for our Science Based Target 
goals and are linked with sustainable materials, products 
and business operation. 
Reporting Limitations: Invoices for electricity use are 
collected internally. When not available, we use the best 
available estimates to fill any gaps. 
Actual or potential impacts: Through our business and 
supply chain we contribute to global carbon emissions. 
With ambitious targets to reduce our emissions, we have 
an opportunity to lessen this impact. We are also carrying 
out work to understand how climate change is likely to 
impact our business and mitigate these impacts. 
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Priority topics continued
2. Climate (previously labeled as Energy 
efficiency and greenhouse gas emissions, 
and Climate Change and Risk Governance) 
continued
Policies & Goals:
•	Reduce Scope 1 + 2 GHG emissions by 50% vs 
baseline FY2019 (2030)
•	100% renewable electricity in company operated 
facilities (2035) 
•	Reduce Scope 3 GHG emissions by 30% vs baseline 
FY2019 (2030)
•	Climate Positive: exceeding carbon neutrality by 
removing additional CO2 from atmosphere (2035)
•	Announce roadmap to achieve SBTs (2024)
Impact management & effectiveness evaluation: 
At GUESS, we include climate change and energy use as 
part of our enterprise-wide risk management evaluation, 
of which results go directly to our Board of Directors. 
We also report annually to CDP which ensures we stay 
current on best practices in terms of climate risk reporting 
in addition to reporting our improvements in overall GHG 
emissions. We track year on year greenhouse gas emission 
reductions and our progress on energy efficiency activities 
through our annual global carbon inventory tracking. Our 
Science Based Targets initiative aligned targets are in 
direct response to the climate crisis, noting that incremental 
changes are insufficient to meet the needs of this decade. 
More robust operational policies, creative financing, and 
new supply chain programs and partnerships will be 
needed to achieve our Science-based targets. 
Specific Requirements: In the US, the SEC is introducing 
new requirements related to emissions reporting due to 
come as soon as 2024.
3. Sustainable materials and products 
(previously labeled as Use of sustainable and 
recycled materials; and Reducing Environmental 
Impacts of Products Across the Lifecycle) 
This is covered in the Responsible materials and products 
section of our strategy and reporting. 
We are conscious of the environmental impact of the 
materials used to produce our goods and of what happens 
to our products at end-of-life. This is of increasing concern 
to customers and other stakeholders, as well as essential 
to reaching our Scope 3 science-based target. We are 
increasing our sourcing and use of environmentally 
preferred materials, focused on growing our two 
collections of more sustainable products, GUESS ECO 
and Consciously Constructed.
Trend vs. previous materiality assessment: Topic rising 
in priority, driven by both risk and impact.
Boundary and Involvement: We specify the materials 
in our design for our Tier 1 suppliers to use. We use fabric 
choice, vendor communication and in some cases, mill 
communication, to indirectly influence our supply chain, 
but ultimately, raw material production occurs outside 
our business.
Reporting Limitations: GUESS is not yet able to track and 
report on non-core fabric materials, such as the linings or 
embellishments used in our apparel products; nor are we 
able to fully disclose the full materials of our accessories 
and footwear beyond the main core body materials. 
Actual or potential impacts: The materials our suppliers 
use to produce our merchandise have an environmental 
impact including water use, pollution, biodiversity impacts, 
carbon emissions, and human rights impacts. 
Policies & Goals:
•	GUESS Responsible Sourcing – Policy on 
Cellulosic Fabrics
•	GUESS Responsible Cotton Sourcing Policy
•	Guidelines for Apparel Eco Products
•	30% of GUESS global apparel materials portfolio 
will be environmentally preferred (2023)
•	75% of GUESS global apparel materials portfolio 
will be environmentally preferred (2030)
•	75% of all fibers used in men’s bags main material 
will be environmentally preferred (2025) 
•	80% recycled or biobased polyester will be used 
for the apparel mainline (2025)
•	80% recycled or biobased polyester will be used 
for all apparel brands (2030)
•	80% regenerative, recycled, or organic cotton 
will be used for all apparel brands (2030) 
•	75% of GUESS denim apparel mainline will be 
GUESS ECO (2030)
•	50% of GUESS all apparel mainline will be 
GUESS ECO (2025)
•	35% of GUESS apparel Factory mainline will be 
Consciously Constructed (2025)
•	50% of GUESS men’s bags will be GUESS ECO (2025)
Impact management & effectiveness evaluation: 
Choosing lower impact materials, such as recycled, organic 
or regenerative fibers, reduces this impact and provides 
better quality jobs. We implement policies on raw material 
sourcing and responsible production to address highest 
priority issue areas. We have set ambitious goals across 
our material types and product lines to increase the use of 
environmentally preferred materials, publishing progress 
in our sustainability reporting. Our global project, the 
“GUESS Sustainability Assurance Framework” has also 
helped to reinforce the importance of certification 
management with the team. 
Specific Requirements: Certifications for materials, or 
other evidence of traceability systems are required for 
styles to be counted towards our environmentally preferred 
materials goals. Furthermore, to drive the daily operations 
of our sourcing teams, the Sustainability and ESG team 
has proposed the GUESS Responsible Sourcing – Policy 
on Cellulosic Fabrics and the GUESS Responsible Cotton 
Sourcing Policy to the GUESS Nominating and Governance 
Committee for approval. These policies are publicly 
available at sustainability.guess.com and are updated 
as deemed necessary. These policies are based on the 
recommendations shared for the industry by both the 
Textile Exchange and the UNFCCC task teams. For internal 
use and guidance to our design and product development 
teams, the Sustainability and ESG team in cooperation 
with the product teams leaders, defined the “Guidelines 
for Apparel Eco Products”, which are updated annually 
and based on industry best practices. The guidelines set 
the minimum requirements to consider a garment “GUESS 
ECO” or “Consciously Constructed”. These policies and 
guidelines are shared internally through meetings and 
dedicated training sessions.
4. Employee wellbeing and engagement 
(previously labeled as Health, Safety and 
Wellbeing; and Employee Engagement 
and Training)
This is covered in the Employee wellbeing and 
engagement section of our strategy and reporting.
Employee wellbeing: With over 12,000 employees 
globally, the safety and wellbeing of our associates is a top 
priority, and we recognize that mental and social wellbeing 
are as essential to overall health as physical wellbeing. 
MANAGEMENT OF MATERIAL TOPICS continued
GRI 2-23, 2-24, 3-3
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Priority topics continued
4. Employee wellbeing and engagement 
(previously labeled as Health, Safety and 
Wellbeing; and Employee Engagement 
and Training) continued
Trend vs. previous materiality assessment: Topic rising 
in priority, driven by both risk and impact.
Boundary and Involvement: Directly owned operations 
at corporate, retail and distribution, where the company 
must take precautions to ensure a safe, healthy 
working environment. 
Reporting Limitations: None 
Actual or potential impacts: We provide decent work 
and employment to our workforce, creating a positive 
impact on individuals economic empowerment and on 
the economies where we operate. Working in stores, 
distribution centers and offices can negatively or positively 
impact individuals’ health, safety and wellbeing.
Policies & Goals:
•	Expand the wellness and mental health program for 
all employees (2025)
Impact management & effectiveness evaluation: 
We provide training and support on health and wellbeing 
which varies depending on geography. During the 
pandemic we offered a 24/7 health and safety hotline 
and expanded our regular health and safety email series 
to cover overall wellness and self-care tips. In our 
distribution centers, we took additional precautions 
to ensure safe working such as a staggered schedule, 
regular testing, and contact tracing. 
Specific Requirements: Adherence to Occupational 
Health and Safety guidance, as well as the guidance of 
the CDC in the US, and local health and safety regulation 
for all our locations around the world.
Employee engagement: We owe our iconic brand 
and global presence to our passionate and talented 
associates, and we aim to create a great place for them 
to work by offering benefits alongside training and 
education opportunities. 
Trend vs. previous materiality assessment: Topic rising 
in priority, driven by both risk and impact.
Boundary and Involvement: Our human resources 
program exists internally to the organization and is 
something over which we have direct control. 
Reporting Limitations: Some specific issues related 
to employee and human resources may be subject to 
confidentiality or may be unreportable for organization’s 
decision. 
Actual or potential impacts: Providing employees 
with decent work engagement and development 
opportunities that help them reach their personal career 
goals and lifestyle.
Policies & Goals:
•	All associates will be sustainability literate (2025)
•	Create a metric to measure internal promotion rate to 
Senior Manager positions and above versus external 
(2025)
•	Create a metric on learning hours and assess the 
baseline; disclose medium-term target (2027)
Impact management & effectiveness evaluation: 
We track the growth and improved quality of our benefits, 
education, career advancement opportunities and 
employee participation in our engagement programs. 
We are constantly evolving our learning and development 
offerings to adapt to new technologies and provide 
relevant training for different job types and goals. Each 
GUESS Region customizes its training for their associates 
and their operations, all designed to give our associates 
the resources and skills they need to advance and achieve 
their career goals.
Specific Requirements: None.
5. Circular economy (previously labeled as 
Circular Products and Business Models)
This is covered in the Circular economy, packaging, and 
waste section of our strategy and reporting. Due to the 
overlap in how we approach the topics, we report on 
Circular economy and Packaging and Waste together.
With the global rise in production and consumption of 
fashion goods, we aim to do our part to reduce waste 
generation by extending the lifecycle of clothing, keeping 
resources in use for longer, increasing re-use and 
recycling, and diverting products from landfill. 
Trend vs. previous materiality assessment: Topic rising 
in importance.
Boundary and Involvement: Most product waste occurs 
external to our organization. For example, fabric waste in 
supplier factories and post-consumer waste at the end of a 
product’s life and we have limited, indirect influence over 
our customers’ decisions on what to do with products at 
end-of-life. GUESS has partnered with a textile recycler to 
manage product waste, as a direct result of our operations, 
for returned or damaged apparel. We also run a takeback 
program, RESOURCED, for customers to recycle unwanted 
apparel and footwear from any brand.
Reporting Limitation: Although GUESS is able to report 
on the weight of products given to our textile recycling 
partner and through RESOURCED, we have little to no 
visibility into the end-of-life stages of our products after 
the point of sale.
Actual or potential impacts: A linear economy has been 
demonstrated to have a negative environmental impact, 
extracting materials faster than the plant can replenish 
them and reliant on finite resources. 
Policies & Goals:
•	Introduce or increase repair, resale, and upcycling 
initiatives in key markets, that truly drive a circular 
economy (2025)
•	Develop circular strategy and policy to define 
circularity and what a circular product is to GUESS, 
supported by a circular design playbook for product 
designers (2025)
•	Apply circular design playbook to one capsule per 
each season (2030)
Impact management & effectiveness evaluation: 
By choosing recycled materials and designing to reduce 
waste and support recycling at end-of-life, we can support 
a more sustainable circular economy. We have introduced 
goals to develop circular strategy and policy, supported 
by a circular design playbook that will be applied to one 
capsule per season by 2030. We also aim to increase 
customer participation in our RESOURCED program which 
encourages customers to exchange their old clothing and 
shoes for a discount on future purchases. By increasing 
customer participation in the program and committing to 
international expansion of the program, we help divert 
unwanted shoes and clothing that would have otherwise 
ended up in a landfill. In addition to the ongoing program, 
we set ourselves a goal to introduce or increase repair, 
resale, and upcycling initiatives in key markets, that can 
truly drive a circular economy in near future. To achieve 
this, GUESS is currently revisiting the actual RESOURCED 
program partnerships and communication to maximize 
effect with our customer.
Specific Requirements: None
GRI 2-23, 2-24, 3-3
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Priority topics continued
6. Pollution and chemicals (previously labeled 
as Chemicals Management)
This is covered in the Chemicals, pollution, and water 
stewardship section of our strategy and reporting. Due to 
the overlap in how we approach the topics, we report on 
Pollution and chemicals, and Water stewardship together.
It is important that the chemicals and dyes used in 
manufacturing that could pose harm to the health of 
workers or the environment are properly monitored and 
managed and avoided where possible.
Trend vs. previous materiality assessment: Topic rising 
in importance.
Boundary and Involvement: We have direct influence 
over our internal product quality testing and performance 
protocol program for our products, seeing this as a 
fundamental responsibility to our customers. External 
chemical testing in our supply chain is not under our direct 
influence though we are striving to extend our 
responsibility in this direction. 
Reporting Limitations: Our chemical testing program at 
present includes Tier 1 vendors and inbound logistics 
quality testing.
Actual or potential impacts: Chemicals used 
irresponsibly can lead to pollution of water ways and 
ground as well as harm to human health. 
Policies & Goals:
•	List of Restricted Substances and Materials (2023)
•	Eliminate unnecessary use of persistent organic 
pollutants (“forever chemicals” / PFAS) in line with the 
requirements of our LRSM (2025)
•	Become signatory of ZDHC and adopt ZDHC MRSL 
(2026)
•	All supply chain ZDHC approved (2030)
•	Clean wastewater – Zero hazardous chemicals leaving 
wet processors (2030) 
Impact management & effectiveness evaluation: 
We require Tier 1 suppliers to comply with our category-
specific List of Restricted Substances and Materials (LRSM). 
This is supported by supplier testing of finished products and 
independent testing by accredited third parties. In addition, 
GUESS is aware of risks associated with discharge of 
water from supplier facilities and in this regard we have set 
ambitious goals to become signatory of ZDHC and adopt 
ZDHC MRSL by 2026. Currently, GUESS is not tracking 
the treatment methods used for wastewater discharge at 
supplier facilities.
Specific Requirements: Tier 1 suppliers are required to 
agree to and use our LRSM, with additional requirements 
needed as part of our GUESS ECO guidance. The LRSM 
was drafted by the Quality Control department with the 
support of external expert conducting a due diligence 
to identify the most stringent requirements on the use of 
chemicals in each country where GUESS operates. The 
policy is approved by the Head of the Technical department 
and is updated annually in partnership with a third-party 
expert to cover the European Union’s REACH requirements 
as well as other target markets’ or client specific regulations. 
The last version of the policy was issued in April 2023 and 
is publicly available at sustainability.guess.com. The LRSM 
is shared by email to Tier 1 suppliers as an attachment of 
the business contract (i.e. factory vendor agreement). The 
Quality Control department is in charge of verifying the 
compliance with the LRSM. Suppliers must provide evidence 
of the testing performed on final products or raw materials.  
Products or raw materials that do not pass testing may be 
accepted with contingencies to be reserved or reworked, 
and retested or rejected depending on adherence to 
legal requirements.
Significant topics
7. Responsible marketing (previously labeled 
as Business Ethics and Responsible Marketing)
This is covered in the Responsible marketing section of 
our strategy and reporting.
GUESS is responsible for the products the company puts 
into the marketplace, and properly communicating to our 
customers about the product whether it be a regulatory 
requirement or a marketing claim. 
Trend vs. previous materiality assessment: Topic 
remaining with a similar level of priority.
Boundary and Involvement: Marketing and product 
claims made by GUESS. 
Reporting Limitations: Some specific issues related to 
ethics and integrity may be subject to confidentiality 
restrictions or may be unreportable for organization’s 
decision.
Actual or potential impacts: Incorrect claims will mislead 
customers, breaching trust and marketing regulations. 
Making accurate, substantiated claims will help build trust 
and the market for more sustainable products.
Policies & Goals:
•	Guidelines for Eco Fibers & Product Public Facing Claims
•	Review eco label policy in line with emerging best 
practice (2025) 
•	Review eco marketing policy in line with emerging best 
practice (2024)
Impact management & effectiveness evaluation: 
For GUESS ECO and Consciously Constructed, we have 
guidelines in place on the claims that can be made and 
provide regular training and guidance updates to provide 
context, and support associates to understand and apply 
the guidelines. From a regulatory perspective, we generally 
remain in compliance with marketing regulations globally. 
On occasion, we may have an issue related to specific 
marketing laws in particular jurisdictions, which is typically 
a result of human error in our global operation. If such an 
incident occurs, we immediately act and rectify the situation. 
We have also introduced goals to review eco label and 
eco marketing policies in line with emerging best practice.
Specific Requirements: Marketing communication 
requirements in specific localities, such as new AGEC 
regulations in France. In addition, for internal use and 
guidance to our marketing team, the Sustainability and 
ESG team defined, and update as necessary, the 
“Guidelines for Eco Fibers & Product Public Facing Claims”. 
This guideline is based on industry best practice and the 
recommendation shared for the industry by Textile 
Exchange. The guideline sets the restrictions for public 
facing statements and claims that can be made for GUESS 
branded goods which contain environmentally preferred 
materials. This guideline is shared internally through 
meetings and dedicated training sessions.
8. Diversity and inclusion (previously labeled as 
Diversity, Inclusion, and Equal Opportunities)
This is covered in the Diversity and inclusion section of our 
strategy and reporting.
With over 12,000 employees globally, we are proud of 
our inclusive company culture, celebrating diversity and 
cultivating creativity throughout the business. Diversity and 
inclusion of all is essential to a healthy business environment 
that welcomes new ideas and perspectives. 
Trend vs. previous materiality assessment: Topic with 
a small decline in importance.
Boundary and Involvement: The diversity of our 
organization occurs internally within the organization, 
over which we have direct responsibility for recruitment 
and hiring. 
MANAGEMENT OF MATERIAL TOPICS continued
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MANAGEMENT OF MATERIAL TOPICS continued
Significant topics continued
8. Diversity and inclusion (previously labeled as 
Diversity, Inclusion, and Equal Opportunities) 
continued
Reporting Limitations: We report on diversity of 
associates within our organization to the extent the data 
can lawfully be collected and reported. 
Actual or potential impacts: A diverse, inclusive culture 
provides employment to all members of society, encourages 
equity and social justice and gives us a diverse range of 
perspectives and ideas. Discrimination of people from 
protected groups will lead to people feeling excluded 
and leaving our business and opens us up to regulatory 
non-compliance.
Policies & Goals:
•	Guess?, Inc. Code of Ethics
•	Review company marketing and advertising materials 
and develop plans to ensure diverse representation 
(ongoing)
•	Maintain gender pay parity at all levels and 
geographic regions (2025)
•	100% of Directors and above trained on harassment 
prevention in workplace (2025)
•	100% of Managers covered with unconscious bias 
training (2025)
Impact management & effectiveness evaluation: 
We review our performance and identify opportunities 
for improvement, as well as the effectiveness of and 
participation in training and events. In response to increased 
calls for social and racial justice in the US, GUESS has 
continued to grow its D&I council in the US and is in the 
process of relaunching the European D&I council. We 
monitor pay parity, and look to improve HR practices to 
promote diversity and inclusion in recruitment and internal 
policies. Through the GUESS Foundation, we provide 
community outreach that reflects our commitment to support 
an inclusive culture and community. As we expand the 
Diversity Council globally, each council’s focus will be 
tailored to be most relevant and appropriate for that region. 
We track D&I data through our Sustainability Report and 
submit relevant material to the Human Right Campaign’s 
Corporate Equality Index. Our expectations of everyone at 
GUESS to support a diverse and welcoming workplace are 
spelled out in the Guess?, Inc. Code of Ethics. The Guess?, 
Inc. Code of Ethics is publicly available at investors.guess.
com. We expect all at GUESS to promptly report and 
investigate concerns about possible discrimination, as 
appropriate, and to facilitate this, we maintain an open-
door policy that fosters honest and open communication. 
GUESS associates are encouraged to discuss work-related 
concerns or issues with their Manager, Department Head, 
Human Resources, or Executive Management without fear 
of repercussion. In addition, our global whistleblower 
hotline allows associates to report concerns about 
unethical behavior or other potential conflicts.
Specific Requirements: Updated SEC guidance on 
general human capital disclosure that include diversity and 
inclusion topics. All new employees and suppliers sign our 
Guess?, Inc. Code of Ethics, and corporate associates have 
compulsory annual training on the topic. For full information 
and details on Guess?, Inc. Code of Ethics please refer to 
FY2023 Annual Report (10-K and Proxy statement).
9. Responsible sourcing (previously labeled as 
Supply Chain Management and Transparency)
This is covered in the Supply chain responsibility and labor 
rights and Responsible materials and products sections of 
our strategy and reporting. Due to the overlap in how we 
approach the topics, we report on the management of 
labor and environmental management in the supply chain 
together in Supply chain responsibility and labor rights 
and the use certification to manage environmental impacts 
in Responsible materials and products.
The majority of our social and environmental impacts lie 
in our supply chain. As a result, it is imperative that we 
have strong polices and processes in place to manage 
environmental and social risks in the supply chain.
Trend vs. previous materiality assessment: Topic 
remaining with a similar level of priority. 
Boundary and Involvement: Internal GUESS processes 
to manage supplier onboarding, auditing and training.
Reporting Limitations: Our supplier processes are 
primarily focused on Tier 1 supplier factories. 
Actual or potential impacts: Our responsible sourcing 
program is designed to manage the social and 
environmental supply chain impacts outlined in Labor 
rights and Sustainable products and materials.
Policies & Goals:
•	Establish training program for GUESS suppliers in key 
regions (2023) 
•	Increase factory employee access to trainings and 
development opportunities and grievance mechanism 
(ongoing)
Impact management & effectiveness evaluation: 
For Tier 1 supplier factories, we publicly report our audit 
findings on a biennial basis (see page 83-85). We use the 
trends found through audits and assessments to better inform 
our approach to training (content, format, participants and 
frequency), relationship building, supplier vetting and civil 
society engagement and positively impact workers beyond 
compliance. We are also continuing to monitor our program 
to align with best industry practice. We use our Vendor 
Scorecard program to evaluate our partners on key 
performance indicators that include social responsibility, 
environmental management, and innovation. The tool 
includes historical results, corrective action measures and 
GUESS training participation to ensure that the GUESS 
approach to vendor management and selection takes into 
account facility performance on these important topics. 
We also use material certifications to identify 
environmentally preferred materials and manage supply 
chain environmental impacts.
Specific Requirements: New Tier 1 suppliers must sign 
our GUESS Supplier Factory Code of Conduct and 
provide evidence of their social compliance record via 
audit reports and certificates issued by peer companies, 
third-party audits and certification bodies, or multi-
stakeholder organizations.
10. Nature and wildlife (previously labeled 
as Biodiversity and Wildlife Conservation)
This is covered in the Nature and biodiversity section 
of our strategy and reporting.
Our primary biodiversity impacts are through our materials 
choices, and as we increase our use of environmentally 
preferred materials – such as recycled or organic materials 
– we will continue to reduce our biodiversity impacts.
Trend vs. previous materiality assessment: Topic rising 
in importance.
Boundary and Involvement: The biodiversity impacts of 
our own operations, which are primarily shops and offices 
in towns and cities across the globe, are minimal. Instead, 
we focus on our supply chain and the materials we specify 
in our design. 
Reporting Limitations: Although we can report on the 
quantity of certified or recycled materials, given the nature 
of our business, we currently have limited visibility of our 
supply chain biodiversity impacts, and we are not able to 
provide additional details such as species affected, or the 
extent of areas impacted.
Actual or potential impacts: Through our supply 
chain and the materials we source, we have the potential 
to negatively impact biodiversity primarily through 
deforestation to create cellulosic fibers, and pesticides and 
fertilizer use to grow cotton. Certified and regenerative 
fibers help to mitigate or reverse these impacts.
GRI 2-23, 2-24, 3-3, 304-2
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Significant topics continued
10. Nature and wildlife (previously labeled as 
Biodiversity and Wildlife Conservation) continued
Policies & Goals:
•	Develop a biodiversity strategy aligned with SBTN 
(2025)
Impact management & effectiveness evaluation: 
Our use of environmentally preferred materials will be key 
to reducing our supply chain biodiversity impacts. As such, 
we currently measure the proportion of certified and 
recycled materials. To expand, strength and codify our 
response to biodiversity impacts, we have a target to 
develop a biodiversity strategy aligned with SBTN by 2025.
Specific Requirements: None 
11. Water stewardship 
This is covered in the Chemicals, pollution, and water 
stewardship section of our strategy and reporting. Due to 
the overlap in how we approach the topics, we report on 
Pollution and Chemicals and Water stewardship together.
The GUESS brand was founded on denim, a fabric reliant 
on water from cotton growing to washing during the 
manufacturing process to customer care. Cotton can be a 
water intensive crop, and as GUESS’ materials portfolio 
uses over 50% cotton, water stewardship, tracking and 
monitoring is fundamental to our environmental 
responsibility. We also see it as a risk management 
opportunity as water variability could become higher risk 
in areas in which we operate. 
Trend vs. previous materiality assessment: Topic with 
a small decline in importance.
Boundary and Involvement: Corporate water use occurs 
internally to the organization and is something over which 
we have direct influence, although given the nature of the 
retail business, is relatively small. The company’s water 
impact occurs external to the organization throughout the 
product lifecycle – upstream in raw material sourcing 
and products manufacturing, and downstream in consumer 
product care and washing – and is something over which 
we have indirect control that we continue to influence, 
especially through our focus on GUESS ECO denim 
production. 
Reporting Limitations: As our material water impact 
occurs in our supply chain, we do not report on direct 
operational water use. Our reporting is focused on 
innovations with Tier 1 suppliers to reduce water use 
and improve waste-water quality.
Actual or potential impacts: Denim is a water hungry 
material, using water throughout the life cycle to grow the 
cotton, and to dye, treat and wash the fabric. This can 
impact water availability and quality in supply chain 
communities.
Policies & Goals:
•	GUESS Denim Water and Chemical Management 
Policy
•	Be water positive in supply chain: replenishing more 
water than used in our supply chain (2035)
Impact management & effectiveness evaluation: 
We conducted a product water footprint and lifecycle 
assessment in FY2017 and are continuing to monitor 
improvements throughout the lifecycle according to this 
baseline. We have a targeted, strategic approach to 
reduce our products’ impact on water, with an emphasis 
on denim, throughout the lifecycle based on high impact 
areas and opportunities for influence and improvement. 
This strategy has resulted in our Denim Water and 
Chemicals Management Policy, which applies to all denim 
suppliers and their facilities. The policy addresses each 
phase of the denim life cycle to prioritize water savings 
and water quality. We are also finding innovative garment 
production methods to provide water and chemical saving 
for GUESS ECO denim products. These techniques and 
technologies reduce water impact and help us to have the 
most influence on our partners’ practices. We have also set 
an ambitious goal to be water positive in supply chain 
by 2035.
Specific Requirements: In order to drive the daily 
operations of our teams, Sustainability and ESG team 
has proposed the GUESS Denim Water and Chemical 
Management Policy to the GUESS Nominating and 
Governance Committee for approval. This policy is 
publicly available at sustainability.guess.com and is 
updated as deemed necessary. This policy is based on the 
recommendation shared for the industry by both the Textile 
Exchange and the UNFCCC task teams and it is shared 
internally through meetings and dedicated training sessions.
12. Packaging and waste (previously labeled 
as Use of Packaging and Packaging Materials; 
and Waste in Manufacturing and Operations)
This is covered in the Circular economy, packaging and 
waste section of our strategy and reporting. Due to the 
overlap in how we approach the topics, we report on 
Circular economy and Packaging and Waste together.
Responsible packaging and materials occur both 
inbound from suppliers and outbound to our retail stores, 
wholesale and e-commerce customers. With plastic waste 
accumulating in our environment, it is important that we 
transition our approach to packaging and materials to 
use more innovative solutions that are better for the 
environment and create less waste. 
Trend vs. previous materiality assessment: Topic with 
a small decline in importance.
Boundary and Involvement: We are directly 
responsible for the packaging of our e-commerce 
shipments and shipments to stores. 
Reporting Limitations: Currently we do not have full 
visibility into our apparel, handbag and footwear licensee 
packaging data, nor do we have the ability to fully track 
all inbound packaging from suppliers. 
Actual or potential impacts: Packaging creates 
downstream waste, for our customers to manage, dispose 
of and recycle. Creating recyclable and recycled 
packaging supports circular principles and markets for 
recycled materials and input.
Policies & Goals:
•	GUESS Responsible Packaging Policy
•	100% product packaging to be recycled and 
recyclable for all apparel and men’s bags (including 
primary and secondary packaging and hangtags) 
(2030)
Impact management & effectiveness evaluation: 
Our Responsible Packaging Policy covers varied 
packaging types including airbag fillers, dust bags, 
jewelry boxes, polybags, hangtags, and other forms of 
packaging. The policy has been implemented globally by 
both GUESS and our largest licensee business partners. 
We have committed that all product packaging will be 
recycled and recyclable for all apparel and men’s bags 
(including primary and secondary packaging and 
hangtags) by 2030.
Specific Requirements: Collection of certifications as 
required for recycled materials. For internal use and 
guidance to our design and product development teams, 
the Sustainability and ESG team in cooperation with the 
product developer and licensee team leaders, defined and 
updated as deemed necessary the GUESS Responsible 
Packaging Policy, based on industry best practices, that set 
packaging requirements. This policy is shared internally 
through meetings and dedicated training sessions.
MANAGEMENT OF MATERIAL TOPICS continued
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MANAGEMENT OF MATERIAL TOPICS continued 
Significant topics continued
13. Data privacy and cyber security (previously 
labeled as Management of Customer Data 
Privacy & Security)
This is covered in the Data security and privacy section of 
our strategy and reporting.
Protecting our customers’ and employees’ personal and 
financial data is of critical importance to GUESS. We 
maintain strong data security processes and infrastructure. 
High-profile retail data breaches in the media have 
affected general customer trust, and are a risk to every 
consumer-facing business. 
Trend vs. previous materiality assessment: Topic with 
a small decline in importance.
Boundary and Involvement: We have direct influence 
over our privacy and security systems; however, the 
sophistication and breadth of breaches is significant and 
constantly evolving. We are also subject to international 
regulation on this topic. 
Reporting Limitations: Our reporting scope is limited 
by confidentiality as well as legal considerations related 
to naming or detailing our privacy and security 
systems publicly. 
Actual or potential impacts: A privacy leak can 
negatively impact customers’ and employees’ security, 
finances and wellbeing. Strong processes in this area 
support trust in our brand.
Policies & Goals:
•	Continuously improve the current data protection 
policies to promote sustainable business practices by 
avoiding costly data breaches that can harm GUESS 
and our clients (ongoing)
•	Establish a global “Bug Bounty Program” to incentive 
the identification and reporting of potential security 
vulnerabilities (2024)
•	Implement sustainable global asset management to 
reduce carbon footprint (ongoing)
Impact management & effectiveness evaluation: 
We will continue to evaluate and improve our management 
approach to ensure we are staying current with the latest 
threats and key elements of compliance and security. 
For every global region where we operate, we also stay 
abreast of relevant regional regulations, such as the EU 
General Data Protection Regulation (GDPR) and California 
Consumer Protection Act (CCPA). We will continue to 
improve our data protection policies and technologies, 
and monitor legislation to ensure the customer, associate, 
and company data handled by GUESS remains safe 
and protected. 
Specific Requirements: Adherence to regulations as 
relevant by region.
14. Business ethics (previously labeled as 
Business Ethics and Responsible Marketing; 
and Sustainability Governance and 
Business Integration)
This is covered in the Governance and business ethics 
section of our strategy and reporting.
Our company relies on goodwill, reputation and trust in 
our brand with our customers, investors, business partners, 
employees and other stakeholders. Therefore, maintaining 
ethics and responsibility in how we do business and 
engage our stakeholders is a priority.
Trend vs. previous materiality assessment: Topic with 
a small decline in importance.
Boundary and Involvement: GUESS is responsible for 
acting as a responsible business to continue its operation 
and in obligation to shareholders. 
Reporting Limitations: Some specific issues related to 
ethics and integrity may be subject to confidentiality or 
may be unreportable for organization’s decision. 
Actual or potential impacts: Governance and ethics 
practices determine how robustly we can respond to our 
impact area, affecting performance across our impact 
areas and on the GUESS bottom line.
Policies & Goals: 
•	Guess?, Inc. Code of Ethics
•	Align Executive performance incentives with ESG KPI 
performance (2024)
•	Continuously improve GUESS Sustainability Assurance 
Framework to maintain the highest standards for ESG 
data quality (ongoing)
•	Continue to obtain “reasonable assurance” of our key 
ESG metrics and disclosures (ongoing)
•	Move to annual ESG Reporting starting FY2026 
(2025)
Impact management & effectiveness evaluation: 
GUESS takes great care to adhere to regulatory 
requirements within each marketplace where we operate 
globally. Our product compliance, legal and customs 
teams manage various elements of regulatory monitoring, 
and work closely with our product teams to assure 
consistent adherence with the law. We also conduct 
training for employees on general business ethics. ESG 
scores, good governance and overall management 
improvement are enhanced by the accountability provided 
by our biennial, externally validated Sustainability Report, 
as well as our hiring practices, employee culture and 
training. For more related to governance and ethics, 
please refer to the Corporate Governance section of our 
investors.guess.com website. We benchmark our progress 
through continuous improvement of SP Global, 
Sustainalytics, Independent Shareholder Services (ISS) 
Quality Scores as well as continuous improvement of our 
hiring practices, employee culture and training. 
Specific Requirements: All new employees and suppliers 
sign our Guess?, Inc. Code of Ethics, and corporate 
associates have compulsory annual training on the topic. 
For full information and details on Guess?, Inc. Code of 
Ethics please refer to FY2023 Annual Report (10-K and 
Proxy statement).
GRI 2-23, 2-24, 3-3
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Stakeholder engagement
Our stakeholders help to shape GUESS as a company and 
brand. Staying in touch with them and gathering their input 
strengthens our approach to ESG on an ongoing basis. 
Our investors, our suppliers, our industry peers, the 
communities we serve, the non-governmental organizations 
we partner with, the media, and government agencies 
are all valuable external stakeholders.
We consider our customers and associates to be valuable 
internal stakeholders due to their close interactions with 
our brands and our company. 
Who and how we engage
Our groups of stakeholders are important to GUESS in 
different ways, and as such each has a different level of 
interest when it comes to engaging with us and influencing 
our sustainability journey.
We engage our stakeholders on ESG challenges in a 
multitude of ways including surveys, focus groups, 
interviews, social media, or other direct communications. 
Others prefer to be kept informed through product 
communications, ESG Reports, and our website. 
For certain groups we also use a variety of communication 
platforms to keep in touch. For instance, our core 
customers are style-conscious consumers in three primary 
groups, Heritage, Millennials, and Generation Z, and 
each group engages with us through different media.
We engage, collect feedback, and share information with 
different stakeholders in different ways, making sure we 
keep up with our stakeholders’ changing perspectives.
Our FY2022-2023 engagement platforms for each stakeholder group, along with the topics they raised, are summarized below.
Stakeholder type
Engagement methods
Key topics raised
Customers
•	Customer surveys and feedback
•	Social media
•	Focus groups
•	Email and phone
•	Industry
•	Company research
•	Nature and wildlife
•	Pollution and chemicals
Associates 
•	Online surveys
•	Interviews
•	Volunteering and training
•	Pollution and chemicals
•	Employee wellbeing 
and engagement
Investors 
•	Investor surveys, reports
•	Company research 
•	Direct communications
•	Industry
•	Nature and wildlife
•	Employee wellbeing 
and engagement
•	Labor rights
•	Responsible marketing
•	Community engagement
•	Business ethics
Suppliers 
•	Interviews
•	Direct communications
•	Surveys, audits, trainings
•	Circular economy
•	Climate
•	Diversity and inclusion
Communities 
and NGOs
•	Interviews
•	GUESS Foundation
•	Partnerships and sponsorships
•	GUESS Cares
•	Events
•	Research
•	Email
•	None identified
Stakeholder type
Engagement methods
Key topics raised
Media and 
industry
•	Industry associations
•	Industry initiatives, 
conferences, meetings
•	Interviews
•	Company research
•	Press events and communication
•	Nature and wildlife
•	Climate
•	Labor rights
•	Responsible marketing
Regulators and 
government
•	Regulatory reporting 
and compliance
•	Meeting on emerging regulations 
and government initiatives
•	Work with industry associations
•	All topics relevant, 
particularly climate
Leadership 
•	Interviews
•	Surveys
•	ESG meetings
•	Circular economy
•	Responsible sourcing
•	Data privacy and cyber security
•	Labor rights
•	Employee wellbeing 
and engagement
GRI 2-29, 3-1
STAKEHOLDER ENGAGEMENT
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STAKEHOLDER ENGAGEMENT continued
Partnerships and collaboration
Organization
Membership and Collaboration
Topics Working on Together
We are a member of the GRI Community and support the mission 
of GRI to empower decision-makers everywhere, through GRI 
Sustainability Reporting Standards and its multi-stakeholder 
network, to take action toward a more sustainable economy 
and world.
Transparency
 
GUESS is a member of the SASB sector advisory group on 
consumer goods and actively engaged in our industry disclosures. 
This report was developed in keeping with two SASB Standards.
Transparency
 
Since 2015, GUESS has been a member of the SAC, 19% of 
our suppliers by volume completed the Higg Index Facility 
Environmental Module (FEM) self-assessments. As a company, 
GUESS also completes the Higg Brand and Retail Module (BRM) 
to assess the impacts of its operations. This tool includes 
environmental topics such as packaging, logistics, and 
chemicals management.
Sustainable sourcing through 
the Higg FEM Index for safer 
chemistry and chemicals 
management, packaging, 
logistics, and others
 
Cotton is a water-intensive crop that comprises over half of 
our material use. BCI helps farmers increase water efficiency, 
reduce pesticide use, and ensure fair treatment of workers.
Sustainable sourcing, 
sustainable raw materials
 
In 2019, GUESS joined the Ellen MacArthur Foundation’s Jeans 
Redesign Project to design and make jeans fit for a circular 
economy, today. The Project uses the principles of a circular 
economy to ensure positive impacts for the environment, society, 
and the health of those people working in the fashion industry. 
GUESS launched products that met the Project’s Guidelines in fall 
2021 and for all 2022 seasons.
Circularity, sustainable 
materials, recycling
 
GUESS submitted its first CDP climate change report in 2018 and 
achieved leadership status in 2019. We continue to respond to 
CDP annually. In 2022, GUESS was recognized by the CDP to be 
among the top 8% for supplier engagement on climate change.
Climate change
 
The Science Based Targets initiative (SBTi) champions science-
based target setting in the transition to a low-carbon economy. 
GUESS has set and received approval of its ambitious science-
based targets for our corporate and supply chain greenhouse gas 
emissions for 2030.
Climate change
Organization
Membership and Collaboration
Topics Working on Together
 
Since 2020, GUESS has been a member of Textile Exchange, 
a non-profit organization positively impacting climate through 
accelerating the use of environmentally preferred materials across 
the global textile industry.
Sustainable sourcing, 
sustainable raw materials
 
In 2019, GUESS became a signatory of the UNFCCC Fashion 
Industry Charter for Climate Action. GUESS has since joined 
working groups to further contribute and learn how to implement 
the charter’s principles and limit global warming to 1.5°C 
compared to pre-industrial levels.
Climate change
 
In partnership with Good360, a global leader in product 
philanthropy and purposeful giving, Guess US donated goods 
to its communities, such as activewear, outerwear, and knitwear, 
as well as blankets and coloring books.
Community support
 
Since 2016, GUESS has sponsored sustainability and fashion 
classes at the Los Angeles Fashion Institute of Design and 
Merchandising, educating hundreds of students and associates 
on material efficiency, circularity, sustainable denim, sustainable 
life cycle, and other topics.
Sustainability education 
and engagement
 
In China, we partnered with Inno Community Development 
Organization, a non-profit committed to improving workplace 
transparency, equality, and public health. We provided a 
confidential Handshake Workers’ Hotline that enables 1,000+ 
workers to report any concerns anonymously.
Supply chain social 
compliance, workers’ 
grievance program
 
GUESS continues to work together with Homeboy Industries an 
organization that provides hope, training, and support to formerly 
gang-involved and previously incarcerated individuals.
Community support
COMMUNITY MEMBER
GRI 2-28
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ACTION GUESS & GOALS
GUESS ESG Goals (deadline – calendar year)
FY2023 status
Respect nature
Climate
Reduce Scope 1 + 2 GHG emissions by 50% vs baseline FY2019 (2030)
-50%
100% renewable electricity in company operated facilities (2035)1
New metric to 
be established
Reduce Scope 32 GHG emissions by 30% vs baseline FY2019 (2030)
-17%
Climate Positive: exceeding carbon neutrality by removing additional CO2 from atmosphere 
(2035)1
New metric to 
be established
Announce roadmap to achieve SBTs (2024)3
Ongoing
Responsible materials and products
30% of GUESS global apparel materials portfolio will be environmentally preferred (2023)4
28%
75% of GUESS global apparel materials portfolio will be environmentally preferred (2030)1
New metric to 
be established
75% of all fibers used in men’s bags main material will be environmentally preferred (2025)1
New metric to 
be established
80% recycled or biobased polyester will be used for the apparel mainline (2025)5
21%
80% recycled or biobased polyester will be used for all apparel brands (2030)6
15%
80% regenerative, recycled, or organic cotton will be used for all apparel brands (2030)1
New metric to 
be established
75% of GUESS denim apparel mainline will be GUESS ECO (2030)7
42%
50% of GUESS all apparel mainline will be GUESS ECO (2025)1
51%
35% of GUESS apparel Factory mainline will be Consciously Constructed (2025)1
21%
50% of GUESS men’s bags will be GUESS ECO (2025)1
New metric to 
be established
GUESS ESG Goals (deadline – calendar year)
FY2023 status
Circular economy, packaging, and waste
Introduce or increase repair, resale, and upcycling initiatives in key markets, that truly drive a 
circular economy (2025)1
New metric to 
be established
Develop circular strategy and policy to define circularity and what a circular product is to GUESS, 
supported by a circular design playbook for product designers (2025)1
To be started
Apply circular design playbook to one capsule per each season (2030)1
To be started
100% product packaging to be recycled and recyclable for all apparel and men’s bags (including 
primary and secondary packaging and hangtags) (2030)8
New metric to 
be established
Chemicals, pollution, and water stewardship
Eliminate unnecessary use of persistent organic pollutants (“forever chemicals” / PFAS) in line with 
the requirements of our LRSM (2025)1
New metric to 
be established
Be water positive in supply chain: replenishing more water than used in our supply chain (2035)1
New metric to 
be established
Clean wastewater – Zero hazardous chemicals leaving wet processors (2030)1
New metric to 
be established
Become signatory of ZDHC and adopt ZDHC MRSL (2026)1
To be started
All supply chain ZDHC approved (2030)1
New metric to 
be established
Nature and biodiversity
Develop a biodiversity strategy aligned with SBTN (2025)1
To be started
1	 New goal introduced in GUESS ESG Strategy.
2	 Category 1 – Purchased Goods and Services.
3	 Previous goal was “Announce roadmap to achieve SBTs (2021)”; with the continuing COVID-19 pandemic and the challenges businesses have faced, we have yet to 
meet this goal entirely. Heading into 2023, we are reestablishing our strong commitment to integrating such commitments in our strategy and deliver the expected results. 
4	 Previous goal was “30% of our global materials portfolio will be more sustainable (2023)”; rewording to better specify the goal’s scope.
5	 Previous goal was “100% recycled or biobased polyester for mainline (2024)”; due to constraints on availability, quality, performance and final appearance of the 
garment, we had to remodulate this target so we can still consistently challenge the innovation of our products but stay true to GUESS fashion.
6	 Previous goal was “100% recycled or biobased polyester for all brands (2029)”; due to constraints on availability, quality, performance and final appearance of the 
garment, we had to remodulate this target so we can still consistently challenge the innovation of our products but stay true to GUESS fashion. 
7	 Previous goal was “75% of GUESS denim mainline will be SMART GUESS (2024)”; due to constraints on availability, quality, performance and final appearance of the 
garment, we had to remodulate this target so we can still consistently challenge the innovation of our products but stay true to GUESS fashion. 
8	 Previous goal was “100% of product packaging to be recycled or recyclable (2025)”; deadline extended to include the whole packaging used during GUESS product 
life cycle considering both primary and secondary packaging.
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ACTION GUESS & GOALS continued
GUESS ESG Goals (deadline – calendar year)
FY2023 status
Be a good teammate
Supply chain responsibility and labor rights
Publish and update an interactive multi-tier supply chain map (2025)9
Ongoing
Becoming member of best-in-class associations for social compliance (such as The Bangladesh 
Accord and Better Work) to ensure all key factories10 have worker safety and wellbeing (2025)1
To be started
Establish training program for GUESS suppliers in key regions (2023)11
From FY2022 
GUESS established 
a quarterly training 
program for 
GUESS suppliers
Increase factory employee access to trainings and development opportunities and grievance 
mechanism (ongoing)
Ongoing
Develop training and development opportunities to promote positive change for women (2025)12
New metric to 
be established
Diversity and inclusion
Review company marketing and advertising materials and develop plans to ensure diverse 
representation (ongoing)1
Ongoing
Maintain gender pay parity at all levels and geographic regions (2025)1
Corporate: 97%
Retail: 98%
Distribution center: 
82%
100% of Directors and above trained on harassment prevention in workplace (2025)1
To be started
100% of Managers covered with unconscious bias training (2025)1
To be started
Employee wellbeing and engagement
All associates will be sustainability literate (2025)13
Ongoing
Expand wellness and mental health programs for all employees (2025)1
Ongoing
Create a metric to measure internal promotion rate to Senior Manager positions and above versus 
external (2025)1
New metric to 
be established
Create a metric on learning hours and assess the baseline; disclose medium-term target (2027)1
New metric to 
be established
GUESS ESG Goals (deadline – calendar year)
FY2023 status
Get things done
Governance and business ethics
Align Executive performance incentives with ESG KPI performance (2024)14
Ongoing
Continuously improve GUESS Sustainability Assurance Framework to maintain the highest standards 
for ESG data quality (ongoing)15
Ongoing
Continue to obtain “reasonable assurance” of our key ESG metrics and disclosures (ongoing)16
Ongoing
Move to annual ESG Reporting starting FY2026 (2025)1
To be started
Responsible marketing
Review eco label policy in line with emerging best practice (2025)1
To be started
Review eco marketing policy in line with emerging best practice (2024)1
To be started
Data security and privacy
Continuously improve the current data protection policies to promote sustainable business practices 
by avoiding costly data breaches that can harm GUESS and our clients (ongoing)1
Ongoing
Establish a global “Bug Bounty Program” to incentive the identification and reporting of potential 
security vulnerabilities (2024)1
Ongoing
Implement sustainable global asset management to reduce carbon footprint (ongoing)1
Ongoing
1	 	 New goal introduced in GUESS ESG Strategy.
9	 	 Previous goal was “Publish multi-tiered supplier map (2021)”; achieved goal but re-proposed for short term to be an interactive mapping.
10		 Factories from which GUESS sources over 250 thousand units per year.
11		 Previous goal was “Establish training program for 100% factory owners in key regions (2024)”; rewording to include not only factory owners and anticipated.
12		 Previous goal was “Partner with key vendors on disclosures and programs that will lead to positive change for women (2022)”; rewording to better specify the goal’s scope. 
13		 Previous goal was “100% of product teams educated on sustainability and designing for circularity (2021)”; postponed to 2025 to expand the scope of the goal 
including all associates.
14		 Previous goal was “Connect ESG performance with new incentive structures (2022)”; with the continuing COVID-19 pandemic and the challenges businesses have 
faced, we have yet to meet this goal entirely. Heading into 2023, we are reestablishing our strong commitment to integrating such commitments in our strategy and 
deliver the expected results.
15		 Previous goal was “Continuously Improve our Internal Audit protocol to maintain highest standards for ESG data quality (ongoing)”; rewording for clarity.
16		 Previous goal was “Obtain third-party assurance of non-financial data to increase stakeholder confidence in our reporting”; goal achieved, reworded for continuity.
78
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ABOUT OUR REPORT
Scope and boundaries
This ESG Report covers the periods from January 31, 2021 
to January 29, 2022 (FY2022) and January 30, 2022 
to January 28, 2023 (FY2023). Select prior period 
information has been presented for comparative purposes 
only. Any statements or references to dates that don’t 
include “FY” follow the calendar year. For the purposes of 
this ESG Report, GUESS business operations are grouped 
into the following segments: Guess US, Guess Canada, 
Guess Europe, and Guess Asia. Any reference to “GUESS” 
refers collectively to Guess US, Guess Canada, Guess 
Europe, and Guess Asia, unless otherwise indicated.
The scope of this ESG Report covers corporate offices, 
distribution centers, warehouses, and retail stores directly 
owned and operated by GUESS unless otherwise indicated. 
Data for licensee operations, third parties to which GUESS 
grants the right to manufacture, distribute, or sell GUESS 
branded items are not included in this report. We have 
selected this scope based on the availability of reliable 
data. We continue to increase the scope of our coverage 
over time.
Data presented in this report includes the entities that are 
consolidated for financial reporting purposes, with a few 
exceptions for certain KPIs, including:
•	Data of Guess Korea and Guess Japan are generally 
excluded, with the exception of certain metrics of the 
employee section and “Climate” section.
•	Joint ventures (JVs) not directly managed by GUESS 
are generally excluded, primarily due to our limited 
influence on their operations.
•	Our JV in Russia is included because it is operated 
by GUESS. We have included 100% of this JV’s data 
in our metrics, rather than make adjustments for 
minority interests.
The content of this report includes ESG topics determined to 
be material based on our double materiality assessment, 
and are topics that we manage and monitor given their 
significance to GUESS stakeholders and the sustainable 
growth of the company, as well as the size, number of 
associates, and overall impact of our largest business units 
based on revenue.
Our contributions to the United Nations Sustainable 
Development Goals (UN SDGs) are also addressed. 
Management’s Assertion
The metrics and disclosures referenced in the GRI Index 
contained on pages 94-99 were prepared in accordance 
with the Global Reporting Initiative Universal Standards 
(2021) – “GRI Universal Standards”. 
The metrics and disclosures referenced in the SASB Index 
contained on pages 100-102 were prepared in 
accordance with the SASB Apparel, Accessories & 
Footwear Sustainability Accounting Standard (2018), and 
the Multiline and Specialty Retailers & Distributors 
Sustainability Accounting Standard (2018) – collectively, 
the “SASB Standards”.
Our Scope 1, 2 and 3 greenhouse gas (“GHG”) emissions 
contained on page 81 and the related methodological 
statements on pages 104-106 were prepared in 
accordance with the World Resource Institute/World 
Business Council for Sustainable Development Greenhouse 
Gas Protocol: A Corporate Accounting and Reporting 
Standard, Revised Edition, including the GHG Protocol 
Scope 2 Guidance, An amendment to the GHG Protocol 
Corporate Standard – collectively, the “GHG Protocol”. 
The KPIs in the ESG data summary tables contained on 
pages 81-93 were prepared in accordance with the GHG 
Protocol, GRI Universal Standards, the SASB Standards, 
and the Supplemental KPIs and criteria on page 103, as 
specified within the tables. 
Our Scope 1, 2 and 3 greenhouse gas GHG emissions, 
the metrics and disclosures referenced in the GRI Index, 
the metrics and disclosures referenced in the SASB Index, 
and the KPIs in the ESG data summary tables referenced 
above are collectively referred to as our “Key ESG Metrics 
and Disclosures”. 
We take responsibility for the completeness, accuracy, 
and validity of our Key ESG Metrics and Disclosures. 
Management is responsible for the collection, quantification, 
and presentation of our Key ESG Metrics and Disclosures 
and for the selection of the criteria, which we believe 
provide an objective basis for measuring and reporting 
on the Key ESG Metrics and Disclosures. 
Estimation uncertainty
Measurement of certain disclosures includes estimates 
and assumptions that are subject to inherent measurement 
uncertainty resulting, for example, from accuracy and 
precision of conversion and other factors. The selection by 
Management of different, but acceptable measurement 
methods, input data, or assumptions may have resulted in 
materially different amounts or metrics being reported.
About our report
GRI 2-2, 2-3, 2-5
Our approach to assurance
We are committed to transparently reporting our progress 
against our ESG Goals and sustainability standards. By 
applying our Sustainability Assurance Framework and 
obtaining third-party assurance, we are holding ourselves to 
higher standards, which in turn provides stakeholders with 
increased confidence in our Key ESG Metrics and Disclosures.
Internal Audit
Our Internal Audit team has reviewed our FY2022-2023 
metrics and data for completeness and accuracy, including 
the methodology and calculations. The GUESS Internal 
Audit team operates under an Internal Audit Charter 
approved by the Board of Directors Audit Committee that 
defines the Internal Audit team’s purpose, as well as its 
authority, responsibility, and independent position within 
the organization. 
Third-party assurance
In addition, KPMG performed an examination engagement 
over Management’s assertions as of and for the fiscal years 
ended January 29, 2022 and January 28, 2023 described 
above under the “Management’s assertion” section and 
issued a reasonable assurance report. Please see page 80 
for the Independent accountants’ report. For avoidance of 
doubt, forward-looking information, including our 
commitments and goals, was not subject to KPMG’s assurance. 
In addition, throughout the ESG Report, we’ve included 
specific GRI and SASB indicator references on the upper 
left-hand corner of relevant pages to help facilitate cross-
referencing from the GRI and SASB indices. Accordingly, 
pages within the ESG Report without a GRI or SASB indicator 
are not subject to KPMG’s assurance, unless otherwise 
specified in the Independent accountants’ report on page 80. 
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The Board of Directors and Management 
Guess?, Inc.:
We have examined management of Guess?, Inc.’s 
assertions on page 79 of the GUESS ESG Report Fiscal 
Years 2022-2023 (the “ESG Report”) that (1) the metrics 
and disclosures included in the GRI index, (2) the metrics 
and disclosures included in the SASB index, (3) Guess?, 
Inc.’s Scope 1, 2 and 3 greenhouse gas (GHG) emissions 
metrics and disclosures, and (4) the key performance 
indicators (“KPIs”) in the ESG data summary tables as 
of and for the years ended January 29, 2022 and 
January 28, 2023 (collectively, the “Key ESG Metrics 
and Disclosures” appearing on pages 81-106) were 
prepared in accordance with the Global Reporting 
Initiative Universal Standards, the SASB Apparel, 
Accessories & Footwear Sustainability Accounting 
Standard, and the Multiline and Specialty Retailers & 
Distributors Sustainability Accounting Standard, the World 
Resource Institute/World Business Council for Sustainable 
Development Greenhouse Gas Protocol: A Corporate 
Accounting and Reporting Standard, Revised Edition, 
including the GHG Protocol Scope 2 Guidance, An 
amendment to the GHG Protocol Corporate Standard, 
and the Supplemental KPIs and criteria, as specified 
within the Key ESG Metrics and Disclosures, respectively 
(collectively, the “Management Assertion”). Guess?, Inc.’s 
management is responsible for its assertion. Our 
responsibility is to express an opinion on Management’s 
Assertion based on our examination. 
Our examination was conducted in accordance with 
attestation standards established by the American Institute 
of Certified Public Accountants in AT-C Section 105, 
Concepts Common to All Attestation Engagements, 
and AT-C Section 205, Examination Engagements. 
Those standards require that we plan and perform the 
examination to obtain reasonable assurance about 
whether management’s assertion is fairly stated, in all 
material respects. An examination involves performing 
procedures to obtain evidence about management’s 
assertion. The nature, timing, and extent of the procedures 
selected depend on our judgment, including an assessment 
of the risks of material misstatement of management’s 
assertion, whether due to fraud or error. We believe that 
the evidence we obtained is sufficient and appropriate 
to provide a reasonable basis for our opinion. 
We are required to be independent and to meet our other 
ethical responsibilities in accordance with relevant ethical 
requirements relating to the examination engagement.
As discussed in the “Estimation uncertainty” section on 
page 79, measurement of certain disclosures includes 
estimates and assumptions that are subject to inherent 
measurement uncertainty resulting, for example, from 
accuracy and precision of conversion and other factors. 
The selection by management of different, but acceptable 
measurement methods, input data, or assumptions may 
have resulted in materially different amounts or metrics 
being reported. Obtaining sufficient, appropriate evidence 
to support our opinion does not reduce the inherent 
uncertainty in the metrics.  
Our examination was limited to Management’s Assertion. 
All other information presented within the ESG Report, 
including forward looking statements, hyperlinked 
information, and prospective information such as targets, 
goals, ambitions, strategy, plans and expectations, was 
not examined by us, and accordingly, we do not express 
an opinion or any other form of assurance on such 
other information.  
In our opinion, Management’s Assertion related to the 
Key ESG Metrics and Disclosures as of and for the years 
ended January 29, 2022 and January 28, 2023 is fairly 
stated, in all material respects. 
Boston, Massachusetts
June 28, 2023
KPMG LLP, a Delaware limited liability partnership and a member firm of 
the KPMG global organization of independent member firms affiliated with 
KPMG International Limited, a private English company limited by guarantee.
INDEPENDENT ACCOUNTANTS’ REPORT
GRI 2-5
KPMG LLP  
Two Financial Center  
60 South Street  
Boston, MA 02111
80
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SOCIAL

ESG DATA SUMMARY
KPI
Unit
FY2020 *
FY2021 *
FY2022
FY2023
Environment
Climate
GHG emissions1 (GRI 305-1, 305-2, 305-3, 305-5)
Scope 1
MTCO2e
1,576
1,137
1,124
1,216
Scope 2 (Location-based)
MTCO2e
37,497
29,694
25,635
26,213
Scope 2 (Market-based)
MTCO2e
41,425
32,377
19,420
19,079
Total Scope 1 and 2 (Location-based)
MTCO2e
39,073
30,831
26,759
27,429
Total Scope 1 and 2 (Market-based)
MTCO2e
43,001
33,514
20,544
20,295
Scope 3 (Category 1 – Purchased Goods and Services)
MTCO2e
445,802
303,743 
524,296
385,077
Scope 2 (Market-based) emissions reduction due to RECs purchased
MTCO2e
Not reported
Not reported
9,740
11,358
Energy consumption (GRI 302-1, SASB CG-MR-130a.1)
Non-renewable energy consumption
Electricity consumption2
GJ
380,558
318,665
209,080
223,717
Heating consumption
GJ
31,305
22,590
22,317
24,158
Cooling consumption
GJ
2,208
2,200
1,516
1,309
Total
GJ
414,071
343,455
232,913
249,185
Renewable energy consumption
Renewable Energy Credits
GJ
0
0
95,721
98,582
Total energy consumption
Total
GJ
414,071
343,455
328,634
347,767
Energy consumed in retail and distribution centers
Total energy consumed 
GJ
362,349
294,317
276,216
299,892
Percentage grid electricity 
GJ
93%
93%
94%
93%
Percentage renewable 
GJ
Not reported 3
Not reported 3 
22%
26%
Total energy sold (GJ)
GUESS does not sell energy, nor does it make any direct purchases of 
renewable energy sources.
Responsible materials and products (GRI 308-1, SASB CG-AA430a.2, Internal Criteria – KPI #1) 
New suppliers assessed for environmental impacts4 (SVR)
Number
Not reported
Not reported
93
107
Percentage
Not reported
Not reported
65%
82%
Suppliers assessed for environmental impacts4 (Higg FEM)5
Number
37
43
61
73
Percentage
9%
12%
17%
19%
Denim mills reporting to Higg FEM
Percentage
33%
75%
60%
100%
*	 Subject to KPMG’s prior examination engagement. Please see page 91 of the FY2020–2021 Sustainability Report for the Independent accountants’ report.
1	 For Scope 1, 2 and 3 emissions FY2019 is the SBTi baseline – Scope 1 FY2019: 1,539 MTCO2e; Scope 2 FY2019: 39,246 MTCO2e; Scope 3 FY2019: 463,162 
MTCO2e.  
Breakdown of FY2022 and FY2023 emissions data for all relevant GHGs separately, in metric tons of carbon dioxide (CO2) equivalent (MTCO2e):
FY2022
FY2023
CO2
CH4
N2O
Total
CO2
CH4
N2O
Total
Scope 1
1,122
1
1
1,124
1,215
0.6
0.6
1,216
Scope 2 (Location-based)
25,517
38
80
25,635
26,090
41
82
26,213
Scope 2 (Market-based)
19,390
6
24
19,420
19,063
3
13
19,079
2	 Excluding Renewable Energy Credits (RECs).
3	 We did not have contracted renewable energy in our energy mix in FY2020 and FY2021 and are therefore unable to claim renewable energy under the Scope 2 
Guidance of the GHG Protocol for these years. We are evaluating our renewable energy strategy as part of achieving our science-based target and have started adding 
RECs into our energy mix starting from FY2022.
4	 Starting from FY2022, GUESS introduced a new tool (Sustainable Vendor Rating – SVR) to assess environmental impacts of new suppliers. For future fiscal years, GUESS 
intends to deploy the SVR tool to existing suppliers. In this report, new suppliers are counted towards the SVR, while all suppliers are counted towards Higg FEM.
5	 Tier 1 suppliers only, GUESS has not yet started to track the completion rate of its Tier 2 suppliers to Higg FEM.
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KPI
Unit
FY2020 *
FY2021 *
FY2022
FY2023
Environment continued
Responsible materials and products continued
GUESS Product Materials Overview by equivalent units purchased6 (GRI 301-1)
Renewable fibers
Cotton
Percentage
59%
60%
62%
57%
Cellulosic (including Tencel)
Percentage
10%
10%
9%
10%
Other – Natural7
Percentage
<1%
<1%
<1%
<1%
Leather
Percentage
1%
1%
1%
2%
Angora8
Percentage
0%
0%
0%
0%
Non-renewable fibers
Synthetic
Percentage
29%
28%
27%
30%
Other – MMF
Percentage
<1%
<1%
<1%
<1%
Environmentally preferred raw material9  (GRI 301-2, SASB CG-AA-440a.2, CG-MR-410a.1)
Certified materials sourced
Organic materials10
Percentage by weight
0.28%
6%
11%
11%
Recycled materials11
Percentage by weight
0.22%
1%
1%
5%
Total certified materials
Percentage by weight
0.50%
7%
12%
16%
Certified materials sourced
Recycled materials11
Percentage by equivalent units
0.14%
1%
1%
3%
Sustainable materials sourced
Environmentally preferred materials12
Percentage by equivalent units
1%
12%
19%
28%
Revenues from third-party certified styles
USD $
15,999,575
74,190,251
192,710,060
389,365,710
Environmentally preferred product9 (Internal Criteria – KPI #4, #5, #6)
Consciously Constructed styles13
GUESS Factory mainline14
Percentage by units
Not reported
Not reported
1%
21%
Recycled or biobased polyester sourced
Mainline17
Percentage by equivalent units
Not reported
Not reported
14%
21%
All brands15
Percentage by equivalent units (weight)
Not reported
Not reported
8%  (6%)
15%  (14%)
GUESS ECO styles16
Mainline17 denim only
Percentage by units
3%
21%
23%
42%
Mainline17 non-denim only
Percentage by units
2%
16%
40%
53%
Mainline17 denim and non-denim
Percentage by units
2%
17%
38%
51%
Circular economy, packaging, and waste (Internal Criteria – KPI #3)
Total amount of leftovers diverted from landfills
Kilograms
 31,374
 27,670
 49,272
 101,515
*	 Subject to KPMG’s prior examination engagement. Please see page 91 of the FY2020–2021 Sustainability Report for the Independent accountants’ report.
6	 Fiber composition (both equivalent units and weight) is calculated on main fabric only – as reported in the composition label, excluding packaging. Data calculated on 
purchased Apparel, Accessories and Footwear merchandise directly purchased by Guess US, Guess Canada, Guess Europe, and Greater China excluding samples and 
merchandise not to be sold (e.g. gift, advertising); FY2020 and FY2021 data are calculated on 96% of purchased goods while FY2022 and FY2023 data are calculated 
on 98% of purchased goods.
7	 Includes alpaca hair, cashmere, linen, mercerized wool, virgin wool, wool, recycled wool, other hair.
8	 Any yarn, fur or wool from the Angora rabbit was removed from our supply chain in FY2017.
9	 Data calculated on apparel only merchandise directly purchased by Guess US, Guess Canada and Guess Europe, excluding samples and merchandise not to be sold 
(e.g. gift, advertising). Environmentally preferred materials include items for which we have received or expect to receive the required certification (e.g., Transaction 
Certificate “TC” or other supporting evidence). In accordance with industry guidelines, such documentation may be provided up to six-months after the receipt of the 
merchandise. FY2023 data has been calculated as of our fiscal year-end and estimated for the remaining amount expected to be received within the six-month window 
after January 28, 2023. The estimated population, representing 29% of environmentally preferred materials’ equivalent units for FY2023, has been calculated using 
historical data for the first six-months of the FY2023. 4% of the estimated population represents Branded Initiatives for which there is no timeframe limitation. Such 
estimates were based on judgment and historical knowledge of each individual supplier.
10		 OCS and GOTS certifications are aggregated and presented as one certification, “Organic Material”.
11		 GRS (including Repreve™ fabric) and RCS certifications are aggregated and presented as one certification, “Recycled Material”.
12		 Environmentally preferred materials include both certified materials (i.e. organic and recycled) and more sustainable non-certified materials (e.g., hemp, linen, Lenzing™).
13		 Consciously Constructed stands for GUESS Factory off-price products made using more sustainable materials that satisfy minimum requirements as defined by our 
internal guidelines for the given year of development. Consciously Constructed products are marketed as more sustainable product range by GUESS.
14		 GUESS Factory mainline stands for off-price mainline collection of GUESS branded clothes for adults, both women and men, that encompasses all apparel categories, 
from t-shirts to outerwear. Factory mainline excludes other apparel categories (i.e. Kids, Athleisure, Underwear, Beachwear) and other non-apparel product categories 
(i.e. Bags, Footwear, Small Leather Goods, Accessories, Home).
15		 All brands include mainline.
16		 GUESS ECO stands for GUESS full-price products made using more sustainable materials and processes that satisfy minimum requirements as defined by our internal 
guidelines for the given year of development. GUESS ECO products are marketed as more sustainable product range by GUESS. In addition to preferred materials, 
production method is optional for non-denim and required for denim to be branded GUESS ECO.
17		 GUESS mainline stands for full-price mainline collection of GUESS branded clothes for adults, both women and men, that encompasses all apparel categories, from 
t-shirts to outerwear. Mainline excludes other GUESS branded apparel categories (i.e. Kids, Athleisure, Underwear, Beachwear, Factory), other non-apparel product 
categories (i.e. Bags, Footwear, Small Leather Goods, Accessories, Home) and other brands (i.e. Marciano, GBG, GUESS Jeans U.S.A., GUESS Originals).
ESG DATA SUMMARY continued
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ESG DATA SUMMARY continued
KPI
Unit
FY2020 *
FY2021 *
FY2022
FY2023
Social
Supply chain responsibility and labor rights
Directly sourced suppliers assessed for social impact (GRI 308-2, 414-2a)
Number
329
246
265
266
Suppliers identified as having significant actual and potential negative social impacts (GRI 308-2, 414-2b)
Percentage
96%
94%
92%
90%
Supplier factories reporting compliance issues (GRI 308-2, 414-2c)
Health and safety
Number
186
123
133
142
Hours of work
Number
120
87
91
108
Wages and benefits
Number
121
80
93
106
Laws and regulations
Number
58
39
43
55
Environment
Number
47
33
28
38
Freedom of association and collective bargaining
Number
24
25
21
32
Monitoring and compliance
Number
33
21
8
13
Communication
Number
16
3
8
7
Health and safety – dormitories
Number
14
9
9
2
Harassment18
Number
13
3
7
2
Child labor19
Number
7
2
3
2
Subcontracting
Number
3
2
0
2
Women’s rights20
Number
4
0
1
1
Non-discrimination21
Number
4
2
0
0
Forced labor22
Number
3
2
1
0
Relationship with suppliers (GRI 414-2d, SASB CG-AA-430b.1)
Suppliers identified as having significant actual and potential negative social impacts with which improvements were agreed 
upon as a result of assessment 
Percentage
98%
100%
100%
100%
Supplier factories that have been audited to the GUESS supplier Code of Conduct23
Percentage
55%
52%
58%
58%
*	 	 Subject to KPMG’s prior examination engagement. Please see page 91 of the FY2020 - 2021 Sustainability Report for the Independent accountants’ report.
18		 Findings related to monetary fine or lack of proper procedures, records or training for disciplinary measure management.
19		 Findings related to young workers’ overtime issue, lack of proper procedures, document keeping. 
20		 Findings related to absence or inadequate equipment in lactation room.
21		 Findings related to lack of specific anti-discrimination policy and missing hiring of workers with disabilities.
22		 Findings related to excessive restrictions placed on basic liberties (clock-in-clock-out to go to toilet).
23		 Directly sourced suppliers (Tier 1) that received POs in fiscal year. The related GRI metric includes the number of assessments performed during the reporting period. The 
SASB standards use the word “audit” and also track completion differently. The difference between the GRI and SASB standards means that if we conduct an audit in the 
final month(s) of the previous fiscal year and assess the results in the current fiscal year, the number is included for GRI, but not for SASB. In addition, if GUESS does not 
use a supplier again in the new fiscal year, it is still counted as an active supplier under SASB.
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KPI
Unit
FY2020 *
FY2021 *
FY2022
FY2023
Social continued
Supply chain responsibility and labor rights continued 
Relationship with suppliers (GRI 414-2e, SASB CG-AA-430b.1, CG-AA-430b.2) continued
Audits conducted by third-party auditors
Percentage
99.6%
100%
100%
100%
Priority non-conformance rate for suppliers’ labor code
Percentage
7%
6%
2%
2%
Non-conformance associated corrective action rate for suppliers’ labor code
Percentage
97%
100%
100%
100%
Priority non-conformance associated corrective action rate for suppliers’ labor code
Percentage
100%
100%
100%
100%
Percentage of suppliers identified as having significant actual and potential negative social impacts with which relationships 
were terminated as a result of assessment
Percentage
0%
0.4%
0.4%
0%
Directly sourced suppliers’ training programs24
Number of training events
Number
3
0
1
3
Number of suppliers trained
Number
80
0
27
186
Description of the greatest labor and environmental, health, and safety risks in the supply chain (GRI 414-2, SASB CG-AA-430b.3)
Health and safety
No or missing machine guards
Number and %
Not reported
Not reported
102
(84%)
108
(77%)
Chemicals are not stored in 
appropriate secondary containers, 
kept off the ground, and/or labeled 
properly with safety precautions
No/Inadequate health and 
medical checks
Hours of work
Overtime in excess of law or code
Number and %
Not reported
Not reported
72
(59%)
82
(59%)
Systematic or periodic excessive 
overtime on a regular basis
Wages and benefits
Failure to provide 100% of 
employees with pension, medical, 
and work-related injury insurance
Number and %
Not reported
Not reported
74
(61%)
80
(57%)
Failure to provide 100% of 
employees with unemployment 
and maternity insurance
ESG DATA SUMMARY continued
*	 	 Subject to KPMG’s prior examination engagement. Please see page 91 of the FY2020 - 2021 Sustainability Report for the Independent accountants’ report.
24		 Suppliers include both vendors and plants. All FY2021 trainings postponed due to COVID-19.
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ESG DATA SUMMARY continued
KPI
Unit
FY2020 *
FY2021 *
FY2022
FY2023
Social continued
Supply chain responsibility and labor rights continued
% of assessments performed by GUESS auditors and others on directly sourced suppliers (Internal Criteria – KPI #2)
Audits
GUESS audits
External auditors
Percentage
16%
16%
16%
15%
GUESS internal auditors
Percentage
<1%
0%
0%
0%
External audits
Sedex
Percentage
26%
25%
24%
30%
BSCI
Percentage
0%
0%
12%
17%
Other
Percentage
19%
16%
7%
6%
Total
Percentage
62%
57%
59%
68%
Certification
WRAP
Percentage
36%
41%
37%
30%
SA8000
Percentage
2%
1%
4%
2%
Serico
Percentage
<1%
1%
<1%
<1%
Total
Percentage
38%
43%
41%
32%
GUESS’ directly sourced apparel, jewelry, and accessories by country and units purchased25 (GRI 2-6, 301-1, SASB CG-AA-000.A)
China
Percentage
42%
27%
25%
31%
Bangladesh
Percentage
15%
23%
32%
29%
India
Percentage
14%
18%
18%
17%
Guatemala
Percentage
7%
5%
3%
3%
Pakistan
Percentage
2%
2%
3%
3%
Vietnam
Percentage
3%
5%
4%
2%
Myanmar
Percentage
3%
4%
3%
2%
Turkey
Percentage
2%
3%
2%
2%
Indonesia
Percentage
2%
2%
2%
2%
Tunisia
Percentage
2%
2%
2%
2%
Italy
Percentage
1%
1%
1%
2%
Mexico
Percentage
2%
2%
1%
1%
Sri Lanka
Percentage
1%
1%
1%
1%
Cambodia
Percentage
0%
1%
1%
<1%
Other
Percentage
5%
3%
2%
2%
Total suppliers
Number
 438 
 358 
 360 
 375 
Quantity received (units)
Million
Not reported
Not reported
62
58
*	 	 Subject to KPMG’s prior examination engagement. Please see page 91 of the FY2020 - 2021 Sustainability Report for the Independent accountants’ report.
25		 This section includes data from Guess US, Guess Canada, Guess Europe, and Guess Asia (China subsidiaries only). Tier 1 suppliers only.
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KPI
Unit
FY2020 *
FY2021 *
FY2022
FY2023
Diversity and inclusion
Racial/Ethnic group representation of the US employees by category (GRI 405-1, SASB CG-MR-330a.1)
Indigenous American/Alaska Native
Managers and above including Executives
Percentage
Not reported
Not reported
1%
1%
All other employees
Percentage
Not reported
Not reported
1%
0%
Asian
Managers and above including Executives
Percentage
20%
13%
8%
8%
All other employees
Percentage
7%
7%
6%
6%
Black or African American
Managers and above including Executives
Percentage
4%
8%
12%
14%
All other employees
Percentage
15%
15%
16%
18%
Hispanic or Latinx
Managers and above including Executives
Percentage
21%
35%
49%
46%
All other employees
Percentage
52%
52%
52%
50%
Native Hawaiian/Pacific Islander
Managers and above including Executives
Percentage
Not reported
Not reported
1%
1%
All other employees
Percentage
Not reported
Not reported
1%
0%
White
Managers and above including Executives
Percentage
50%
36%
24%
24%
All other employees
Percentage
19%
21%
19%
20%
Other
Managers and above including Executives
Percentage
5%
8%
0%
0%
All other employees
Percentage
7%
5%
0%
0%
Two or more races
Managers and above including Executives
Percentage
Not reported
Not reported
5%
6%
All other employees
Percentage
Not reported
Not reported
5%
5%
Racial/Ethnic group representation of the US employees by location (GRI 405-1, SASB CG-MR-330a.1)
Indigenous American/Alaska Native
Executives only27
Percentage
Not reported
Not reported
0%
0%
Corporate26
Percentage
Not reported
Not reported
0%
0%
Retail26
Percentage
Not reported
Not reported
1%
1%
Asian
Executives only27
Percentage
19%
24%
26%
23%
Corporate26
Percentage
18%
20%
19%
19%
Retail26
Percentage
5%
4%
4%
4%
Black or African American
Executives only27
Percentage
Not reported
Not reported
0%
0%
Corporate26
Percentage
9%
9%
9%
9%
Retail26
Percentage
16%
15%
16%
18%
ESG DATA SUMMARY continued
*	 	 Subject to KPMG’s prior examination engagement. Please see page 91 of the FY2020 - 2021 Sustainability Report for the Independent accountants’ report.
26		 Excluding Executives. 
27		 Executives includes VPs and above.
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ESG DATA SUMMARY continued
KPI
Unit
FY2020 *
FY2021 *
FY2022
FY2023
Diversity and inclusion continued
Racial/Ethnic group representation of the US employees by location (GRI 405-1, SASB CG-MR-330a.1) continued
Hispanic or Latinx
Executives only27 
Percentage
4%
4%
4%
4%
Corporate26
Percentage
26%
26%
27%
28%
Retail26
Percentage
56%
56%
57%
54%
Native Hawaiian/Pacific Islander
Executives only27
Percentage
Not reported
Not reported
0%
0%
Corporate26
Percentage
Not reported
Not reported
1%
1%
Retail26
Percentage
Not reported
Not reported
1%
0%
White
Executives only27
Percentage
77%
72%
66%
69%
Corporate26
Percentage
41%
40%
40%
39%
Retail26
Percentage
16%
18%
16%
18%
Other
Executives only27
Percentage
Not reported
Not reported
0%
0%
Corporate26
Percentage
6%
5%
0%
0%
Retail26
Percentage
7%
7%
0%
0%
Two or more races
Executives only27
Percentage
Not reported
Not reported
4%
4%
Corporate26
Percentage
Not reported
Not reported
4%
4%
Retail26
Percentage
Not reported
Not reported
5%
5%
Employees by Executive Management27 and associates26 by retail and corporate by age and gender (GRI 2-9, 405-1)
Executive Management – Global level
Gender
Female
Percentage
35%
29%
31%
30%
Male
Percentage
65%
71%
69%
70%
Not declared
Percentage
Not reported
Not reported
0%
0%
Age
Below 30
Percentage
Not reported
Not reported
0%
0%
30-50
Percentage
55%
42%
40%
32%
Over 50
Percentage
45%
58%
60%
68%
*	 	 Subject to KPMG’s prior examination engagement. Please see page 91 of the FY2020–2021 Sustainability Report for the Independent accountants’ report. 
26		 Excluding Executives. 
27		 Executives includes VPs and above.
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KPI
Unit
FY2020 *
FY2021 *
FY2022
FY2023
Diversity and inclusion continued
Employees by Executive Management27 and associates26 by retail and corporate by age and gender (GRI 2-9, 405-1) continued
Associates in Americas – Corporate
Gender
Female
Percentage
65%
64%
64%
64%
Male
Percentage
35%
36%
35%
34%
Not declared
Percentage
Not reported
Not reported
1%
2%
Age
Below 30
Percentage
20%
16%
18%
16%
30-50
Percentage
51%
50%
51%
51%
Over 50
Percentage
29%
34%
31%
33%
Associates in Americas – Retail
Gender
Female
Percentage
68%
66%
62%
59%
Male
Percentage
25%
23%
22%
22%
Not declared
Percentage
7%
11%
16%
19%
Age
Below 30
Percentage
81%
79%
77%
76%
30-50
Percentage
17%
19%
21%
21%
Over 50
Percentage
2%
2%
2%
3%
Associates in Europe – Corporate
Gender
Female
Percentage
64%
65%
65%
66%
Male
Percentage
36%
35%
35%
34%
Not declared
Percentage
Not reported
Not reported
0%
0%
Age
Below 30
Percentage
22%
22%
22%
23%
30-50
Percentage
72%
71%
71%
70%
Over 50
Percentage
6%
7%
7%
7%
Associates in Europe – Retail
Gender
Female
Percentage
86%
89%
88%
88%
Male
Percentage
14%
11%
12%
12%
Not declared
Percentage
Not reported
Not reported
0%
0%
Age
Below 30
Percentage
69%
64%
67%
67%
30-50
Percentage
30%
35%
32%
32%
Over 50
Percentage
1%
1%
1%
1%
*	 	 Subject to KPMG’s prior examination engagement. Please see page 91 of the FY2020–2021 Sustainability Report for the Independent accountants’ report.
26		 Excluding Executives. 
27		 Executives includes VPs and above.
ESG DATA SUMMARY continued
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ESG DATA SUMMARY continued
KPI
Unit
FY2020 *
FY2021 *
FY2022
FY2023
Diversity and inclusion continued
Employees by Executive Management27 and associates26 by retail and corporate by age and gender (GRI 2-9, 405-1) continued
Associates in Asia – Corporate
Gender
Female
Percentage
72%
71%
70%
70%
Male
Percentage
28%
29%
30%
30%
Not declared
Percentage
Not reported
Not reported
0%
0%
Age
Below 30
Percentage
12%
9%
10%
8%
30-50
Percentage
84%
84%
84%
83%
Over 50
Percentage
4%
7%
6%
9%
Associates in Asia – Retail
Gender
Female
Percentage
87%
86%
86%
85%
Male
Percentage
13%
14%
14%
15%
Not declared
Percentage
Not reported
Not reported
0%
0%
Age
Below 30
Percentage
48%
38%
36%
31%
30-50
Percentage
51%
61%
62%
67%
Over 50
Percentage
1%
1%
2%
2%
Management (retail and corporate) and non-management (retail and corporate) by gender (SASB CG-MR-330a.1)
Management28
Female
Percentage
71%
73%
68%
67%
Male
Percentage
29%
26%
26%
26%
Not declared
Percentage
0%
<1%
6%
7%
Other employees
Female
Percentage
75%
75%
75%
74%
Male
Percentage
21%
20%
19%
19%
Not declared
Percentage
4%
5%
6%
7%
*	 	 Subject to KPMG’s prior examination engagement. Please see page 91 of the FY2020–2021 Sustainability Report for the Independent accountants’ report.
26		 Excluding Executives. 
27		 Executives includes VPs and above.
28		 Managers and above including Executives.
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Americas
Europe
Asia (Greater China only)
Global
KPI
Unit
FY2022
FY2023
FY2022
FY2023
FY2022
FY2023
FY2022
FY2023
Diversity and inclusion continued
Ratio of basic salary breakdown by gender by employee category (Women to Men)29 (GRI 405-2)
Corporate
Ratio
94%
96%
101%
99%
91%
92%
97%
97%
Retail
Ratio
100%
99%
98%
95%
104%
101%
100%
98%
Distribution center
Ratio
79%
82%
N/A
N/A
N/A
N/A
79%
82%
Corporate
Vice President
Ratio
104%
103%
114%
120%
N/A
N/A
107%
108%
Senior Director/Director
Ratio
88%
95%
91%
91%
85%
89%
89%
93%
Senior Manager/Manager with team
Ratio
93%
94%
96%
99%
94%
98%
95%
96%
Senior Manager/Manager without team
Ratio
95%
99%
112%
95%
89%
83%
101%
96%
Other employees
Ratio
88%
88%
93%
92%
94%
97%
92%
91%
Retail
Store Manager
Ratio
101%
99%
96%
93%
118%
107%
100%
98%
Other employees
Ratio
100%
98%
99%
98%
90%
96%
99%
98%
Distribution center
Vice President
Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Senior Director/Director
Ratio
58%
67%
N/A
N/A
N/A
N/A
58%
67%
Senior Manager/Manager with team
Ratio
86%
86%
N/A
N/A
N/A
N/A
86%
86%
Senior Manager/Manager without team
Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Other employees
Ratio
94%
93%
N/A
N/A
N/A
N/A
94%
93%
ESG DATA SUMMARY continued
29		 Our corporate categories include corporate associates working at our headquarters across the globe; our distribution center categories include those working at our directly operated distribution centers in US and Canada; and our retail categories span directly employed retail employees across the Globe. Ratios have been calculated at Americas 
level, Europe level and Greater China level and then aggregated at Global level. The ratios have been calculated on 92% of employees who had comparable job position (i.e., same employee category) of different genders in the same country for FY2022 and on the 91% for FY2023. 
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ESG DATA SUMMARY continued
KPI
Unit
FY2020 *
FY2021 *
FY2022
FY2023
Employee wellbeing and engagement
Average hourly wage (excl. Overtime) of retail employees/Average hourly wage (excl. Overtime) of distribution center employees (SASB CG-MR-310a.1)30, 31
Americas (retail)
Canada32
USD $
12
13
14
14
United States32
USD $
14
14
16
17
Americas (distribution centers)
Canada
USD $
16
20
20
18
US
USD $
18
25
26
25
Europe (retail)
Andorra
USD $
10
11
11
9
Austria
USD $
14
15
15
16
Belgium
USD $
13
14
13
14
Cyprus32
USD $
7
8
8
8
Czechia
USD $
9
10
9
9
Denmark32
USD $
21
22
19
19
Finland32
USD $
14
15
14
13
France
USD $
13
14
13
14
Germany
USD $
14
16
14
15
Greece32
USD $
6
7
6
7
Hungary
USD $
6
6
7
6
India
USD $
1
No retail employees
No retail employees
No retail employees
Ireland32
USD $
13
15
13
14
Italy
USD $
12
13
12
11
Kazakhstan
USD $
3
3
3
4
Luxembourg
USD $
14
17
15
15
Netherlands
USD $
12
13
12
14
Norway32
USD $
19
19
17
17
Poland
USD $
6
6
6
6
Russia
USD $
3
3
4
4
Singapore
USD $
9
10
10
10
*	 	 Subject to KPMG’s prior examination engagement. Please see page 91 of the FY2020 - 2021 Sustainability Report for the Independent accountants’ report.
30		 To translate the average hourly wage (excl. Overtime) of retail employees from source currency to USD, the Company used the spot rates from the date corresponding 
to the fiscal year-end average wage are calculated on basic salary only (w/o commissions).
31		 The SASB Guidance requires the disclosure of average hourly wages by location, in line with SEC segment reporting. However, in order to offer readers a 
comprehensive perspective on salaries across countries with highly varying pay scales in the same region, we present the data by country.
32		 Average wage is calculated on basic salary only (w/o commissions).
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KPI
Unit
FY2020 *
FY2021 *
FY2022
FY2023
Employee wellbeing and engagement continued
Average hourly wage (excl. Overtime) of retail employees/Average hourly wage (excl. Overtime) of distribution center employees (SASB CG-MR-310a.1) continued
Europe (retail) continued
Spain
USD $
14
12
11
11
Sweden32
USD $
24
18
15
15
Switzerland
USD $
27
30
26
28
Turkey32
USD $
3
3
2
3
United Kingdom32
USD $
12
13
13
13
Asia (retail)
Chinese Mainland
USD $
5
5
6
5
Hong Kong SAR
USD $
8
7
10
10
Macau SAR
USD $
9
8
13
12
Taiwan Region
USD $
6
6
9
8
Retail and distribution center employees earning minimum wage (SASB CG-MR-310a.1)
Earning minimum wage
Americas
Percentage
22%
15%
23%
17%
Europe
Percentage
38%
10%
16%
15%
Asia (Greater China only)
Percentage
4%
7%
1%
0%
Exceeding minimum wage
Americas
Percentage
78%
85%
77%
83%
Europe
Percentage
62%
90%
84%
85%
Asia (Greater China only)
Percentage
96%
93%
99%
100%
Turnover rate for retail and distribution center employees (SASB CG-MR-310a.2)
Voluntary turnover
Percentage
Not reported
36%
41%
42%
Involuntary turnover
Percentage
Not reported
15%
11%
11%
Corporate Board of Directors diversity (GRI 2-9, 405-1)
Gender
Male
Percentage
67%
67%
63%
71%
Female
Percentage
33%
33%
37%
29%
Ethnicity
White
Percentage
89%
89%
88%
86%
Hispanic or Latinx
Percentage
11%
11%
12%
14%
Age
30-50
Percentage
11%
11%
0%
0%
Over 50
Percentage
89%
89%
100%
100%
ESG DATA SUMMARY continued
*	 	 Subject to KPMG’s prior examination engagement. Please see page 91 of the FY2020 - 2021 Sustainability Report for the Independent accountants’ report.
32		 Average wage is calculated on basic salary only (w/o commissions).
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ESG DATA SUMMARY continued
KPI
Unit
FY2020 *
FY2021 *
FY2022
FY2023
TOTAL – as of 
FY2023
Employee wellbeing and engagement continued
Employee numbers (total) (GRI 2-7, 405-1, SASB CG-MR-330a.1)33
Americas
Total workforce
Number
7,000
5,500
5,500
5,500
Full time
Female
Percentage
70%
68%
65%
63%
39%
Male
Percentage
28%
28%
28%
28%
Not declared
Percentage
2%
4%
7%
9%
Part time
Female
Percentage
66%
64%
60%
58%
61%
Male
Percentage
26%
23%
22%
22%
Not declared
Percentage
8%
13%
18%
20%
Regular
Percentage
99.9%
99.9%
100%
100%
100%
Temporary
Percentage
0.1%
0.1%
0%
0%
Europe
Total workforce
Number
5,000
4,000
5,000
5,500
Full time
Female
Percentage
77%
77%
77%
77%
48%
Male
Percentage
23%
23%
23%
23%
Not declared
Percentage
0%
0%
0%
0%
Part time
Female
Percentage
87%
92%
90%
90%
52%
Male
Percentage
13%
8%
10%
10%
Not declared
Percentage
0%
0%
0%
0%
Regular
Percentage
74%
91%
73%
78%
100%
Temporary
Percentage
26%
9%
27%
22%
Asia
Total workforce
Number
1,500
1,000
1,000
1,000
Full time
Female
Percentage
84%
81%
80%
79%
93%
Male
Percentage
16%
19%
20%
21%
Not declared
Percentage
0%
0%
0%
0%
Part time
Female
Percentage
78%
85%
73%
82%
7%
Male
Percentage
22%
15%
27%
18%
Not declared
Percentage
0%
0%
0%
0%
Regular
Percentage
92%
90%
88%
91%
100%
Temporary
Percentage
8%
10%
12%
9%
*	 	 Subject to KPMG’s prior examination engagement. Please see page 91 of the FY2020–2021 Sustainability Report for the Independent accountants’ report.
33		 Differing from the requirements of GRI 2-7, we have chosen to present these metrics as percentages rather than absolute values. This decision was made to enhance the ease of year-over-year comparison and to provide a more accurate representation of our workforce composition. However, even though the data breakdown is in percentages, 
we have included the total number of headcounts for each main data aggregation. This approach allows for a straightforward calculation of the absolute values for each sub-category, as mandated by GRI 2-7. Data on headcounts as at the end of Fiscal Year. “Temporary” refers to seasonal workers hired for specified amount of time; “Full Time” 
refers to associates that work a full week using country-specific definitions of full time. There are no significant fluctuations across employees’ categories between fiscal years.
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GRI INDEX
GRI index
Disclosure Number
Disclosure Title 
Report 
Coverage Location
GRI 2: General Disclosures (2021)
1. The organization and its reporting practice
2-1
Organizational details
About GUESS
2-2
Entities included in the organization’s sustainability reporting
About GUESS
About our report
For the complete list of legal entities refer to 10K – Exhibit 21.1 List of Subsidiaries
2-3
Reporting period, frequency, and contact point
About our report
The frequency of ESG reporting is biennial.
Contact us at sustainability@guess.com if you have a questions about the report or reported information.
2-4
Restatements of information
No restatements in this report
2-5
External assurance
Governance and business ethics (GUESS Sustainability Assurance Framework, External reasonable assurance)
About our report
Independent accountants’ report
2. Activities and workers
2-6
Activities, value chain, and other business relationships
About GUESS
Supply chain responsibility and labor rights (Our supply chain, Total suppliers used in FY2023)
ESG data summary (GUESS’ directly sourced apparel, jewelry, and accessories by country and units purchased)
2-7
Employees
ESG data summary (Employee numbers (total))
2-8
Workers who are not employees
The number of workers who are not employees is managed at local level, fluctuate on a daily basis, and is not administered centrally, therefore we cannot provide an headcount number. 
Most of these workers who are not employees work in our distribution centers managed and administered by 3PLs and therefore are excluded from the scope of this ESG Report. 
GUESS employees are reported as headcounts, at year-end basis - see GRI 2-7.
3. Governance
2-9
Governance structure and composition
Governance and business ethics (ESG governance)
ESG data summary (Employees by Executive Management and associates by retail and corporate by age and gender, Corporate Board of Directors diversity)
Proxy statement FY2023 - DIRECTOR AND EXECUTIVE OFFICERS (pag. 20), CORPORATE GOVERNANCE AND BOARD MATTERS - Board 
Independence, Structure (pag. 27, 28, 29) and Board Leadership Structure (pag. 31)
2-10
Nomination and selection of the highest governance body
Proxy statement FY2023 - CORPORATE GOVERNANCE AND BOARD MATTERS - Board Independence, Structure and Committee Composition 
(pag. 27-28) and Consideration of Director Nominees (pag. 29)
2-11
Chair of the highest governance body
Proxy statement FY2023 - CORPORATE GOVERNANCE AND BOARD MATTERS - Board Leadership Structure (pag. 31-32)
2-12
Role of the highest governance body in overseeing the management of impacts
Proxy statement FY2023 - CORPORATE GOVERNANCE AND BOARD MATTERS - Our Commitment to Sustainability (pag. 33) and Risk Oversight 
(pag. 34)
Report Coverage Key: 
 Full 
 Partial 
 Omission
Guess?, Inc. has reported the information within and referenced in this GRI index for the periods January 31, 2021 to January 29, 2022 
(FY2022) and January 30, 2022 to January 28, 2023 (FY2023) in accordance with the GRI Standards (2021).
In addition, we have included specific GRI indicator references within this ESG Report on specific pages’ upper left hand corner to serve 
as a cross-reference from the sections of the ESG Report that are referenced in the “Location” column herein.
GRI 1 used: Foundation 2021; Applicable GRI sector standard: none.
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GRI INDEX continued
Disclosure Number
Disclosure Title 
Report 
Coverage Location
GRI 2: General Disclosures (2021) continued
3. Governance continued
2-13
Delegation of responsibility for managing impacts
Governance and business ethics (ESG governance)
Proxy statement FY2023 - CORPORATE GOVERNANCE AND BOARD MATTERS - Our Commitment to Sustainability (pag. 33)
2-14
Role of the highest governance body in sustainability reporting
Proxy statement FY2023 - CORPORATE GOVERNANCE AND BOARD MATTERS - Our Commitment to Sustainability (pag. 33)
2-15
Conflicts of interest
Proxy statement FY2023 - CORPORATE GOVERNANCE AND BOARD MATTERS - Board Independence, Structure (pag. 27) and CERTAIN 
RELATIONSHIPS AND RELATED TRANSACTIONS (pag. 82)
2-16
Communication of critical concerns
Governance and business ethics (Code of ethics)
We have not had any instances of critical concerns communicated through our formal grievance mechanisms during the reporting period. From time to time, we hear from stakeholders such as 
NGOs, investors or press outlets, with questions or concerns about specific corporate sustainability topics (like those related to cotton sourced from the Xinjiang region in China and its impact on 
the Uyhgur people, or the environmental impacts of certain materials used in our products). Such inquiries are considered internally, including through Senior Management, and, as appropriate, 
are included in communications with the Board or Committees of the Board related to sustainability and sustainability reporting.
2-17
Collective knowledge of the highest governance body
FY2023 Annual Report, 10K - PART I - ITEM 1. Business - Strengthening Sustainability Oversight (pag. 11)
2-18
Evaluation of the performance of the highest governance body
Proxy statement FY2023 - ELECTION OF DIRECTORS (pag. 12), COMPENSATION OF THE NAMED EXECUTIVE OFFICERS (pag. 13), ADVISORY 
VOTE ON THE FREQUENCY OF FUTURE SHAREHOLDER VOTES ON THE COMPENSATION OF THE NAMED EXECUTIVE OFFICERS (pag. 16), 
CORPORATE GOVERNANCE AND BOARD MATTERS - Board Independence, Structure (pag. 29) and Board Leadership Structure (pag. 32)
2-19
Remuneration policies
Proxy statement FY2023 - Compensation Discussion and Analysis - Executive Compensation Program Philosophies and Objectives (pag. 43), Executive 
Compensation Program Elements for Fiscal 2023 (pag. 45) and 401(k) Retirement Benefits (pag. 51)
2-20
Process to determine remuneration
Proxy statement FY2023 - EXECUTIVE AND DIRECTOR COMPENSATION (pag. 37), Compensation Discussion and Analysis - The Role of the 
Independent Compensation Consultant (pag. 44) and Shareholder Engagement and the Role of Shareholder Say-on-Pay Votes (pag. 45)
2-21
Annual total compensation ratio
Proxy statement FY2021 - CEO Pay-Ratio Disclosure (pag. 70)
Proxy statement FY2022 - CEO Pay-Ratio Disclosure (pag. 90)
Proxy statement FY2023 - CEO Pay-Ratio Disclosure (pag. 74)
The information in the Proxy Statement is disclosed as per the Exchange Act. The percentage of increase in annual total compensation for the CEO is available comparing the data of CEO 
Pay-Ratio across fiscal years as reported in the Proxy Statements.
4. Strategy, policies, and practices
2-22
Statement on sustainable development strategy
A message from our CEO, Carlos Alberini
A message from our Co-Founder and Chief Creative Officer, Paul Marciano
2-23
Policy commitments
ACTION GUESS
Management of material topics
2-24
Embedding policy commitments
Management of material topics
2-25
Processes to remediate negative impacts
Supply chain responsibility and labor rights (Amplifying workers’ voices, Audits and remediation)
Diversity and inclusion (Diversity and inclusion at GUESS)
Report Coverage Key: 
 Full 
 Partial 
 Omission
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GRI INDEX continued
Disclosure Number
Disclosure Title 
Report 
Coverage Location
GRI 2: General Disclosures (2021) continued 
4. Strategy, policies, and practices continued
2-26
Mechanisms for seeking advice and raising concerns
Supply chain responsibility and labor rights (Amplifying workers’ voices)
Diversity and inclusion (Diversity and inclusion at GUESS)
2-27
Compliance with laws and regulations
FY2023 Annual Report, 10K - PART I -  ITEM 1. Business - Government Regulations (pag. 12) and Notes to consolidated financial statements (pag. F-45)
Any financially material not compliance with laws and regulation is reported in the Form 10-K where also the methodology to define their significance is described.
2-28 
Membership associations
Stakeholder engagement (Partnerships and collaboration)
5. Stakeholder engagement
2-29
Approach to stakeholder engagement
Stakeholder engagement (Stakeholder engagement, Who and how we engage)
2-30
Collective bargaining agreements
Omission for information unavailable / incomplete
We do not currently report data of employees covered by collective bargaining agreements, but we are working to implement a process to collect and report this information to meet such GRI 
requirement in future ESG reporting.
Collective bargaining agreements, where applicable, differ from country to country and, within a same country, they may vary in terms of employee category. Due to the complexity and 
fragmentation of this information, we are still working to collect it from more than 50 legal entities across the world and we will be able to report it in the next ESG Report.
GRI 3: Material Topics (2021)
3-1
Process to determine material topics
Materiality, Stakeholder engagement (Stakeholder engagement, Who and how we engage)
3-2
List of material topics
Materiality
3-3
Management of material topics
Management of material topics
Environment
GRI 301: Materials (2016)
301-1
Materials used by weight or volume
ESG data summary (GUESS Product Materials Overview by equivalent units purchased, GUESS’ directly sourced apparel, jewelry, and accessories by 
country and units purchased)
301-2
Recycled input materials used
ESG data summary (Environmentally preferred raw material)
Fiber composition (both equivalent units and weight) is calculated on main fabric only – as reported in the composition label, excluding packaging. Data calculated on purchased Apparel, 
Accessories and Footwear merchandise directly purchased by Guess US, Guess Canada, Guess Europe, and Greater China excluding samples and merchandise not to be sold (e.g. gift, 
advertising); FY2020 and FY2021 data are calculated on 96% of purchased goods while FY2022 and FY2023 data are calculated on 98% of purchased goods.
GRI 302: Energy (2016)
302-1
Energy consumption within the organization
Climate (Reducing our carbon footprint)
ESG data summary (Energy consumption)
Methodological statements (Standards, methodologies, assumptions, and/or calculation tools and source of the conversion factors used for energy calculations)
302-4
Reduction of energy consumption
Climate (Reducing our carbon footprint)
In FY2022 and FY2023 we accounted reduction in total energy consumption of -50,320 GJ (-13%) and -31,187 GJ (-8%), respectively, compared to baseline of FY2019. Given the nature of our 
business, the reduction in total energy consumption is due to different factors: while energy efficiency measures may have played a role in optimizing our operations (such as new concept stores 
with more energy efficient appliances), factors such as changes in sales levels, new store openings and closures, or variations in opening hours and/or weather conditions could impact energy 
consumption too. Therefore, a breakdown of reductions in energy consumption achieved as a direct result of conservation and efficiency initiatives only is not immediate.
Report Coverage Key: 
 Full 
 Partial 
 Omission
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GRI INDEX continued
Disclosure Number
Disclosure Title 
Report 
Coverage Location
Environment continued
GRI 303: Water and Effluents (2018)
303-1
Interactions with water as a shared resource
Chemicals, pollution, and water stewardship (Water stewardship at GUESS)
Management of material topics (Significant topics)
GRI 304: Biodiversity (2016)
304-2
Significant impacts of activities, products, and services on biodiversity
Management of material topics (Significant topics)
GRI 305: Emissions (2016)
305-1
Direct (Scope 1) GHG emissions
Climate (Reducing our carbon footprint)
ESG data summary (GHG emissions)
Methodological statements (Methodological statements for carbon and energy, Scope 1 and Scope 2 calculation)
305-2
Energy indirect (Scope 2) GHG emissions
Climate (Reducing our carbon footprint)
ESG data summary (GHG emissions)
Methodological statements (Methodological statements for carbon and energy, Scope 1 and Scope 2 calculation)
305-3
Other indirect (Scope 3) GHG emissions
Climate (Reducing our carbon footprint)
ESG data summary (GHG emissions)
Methodological statements (Methodological statements for carbon and energy, Scope 3 calculation)
According to GHG protocol we reported on the Scope 3 Category 1 - Purchased Goods and Services.
305-5
Reduction of GHG emissions
Climate (Reducing our carbon footprint)
ESG data summary (GHG emissions)
Methodological statements (Methodological statements for carbon and energy, Scope 1 and Scope 2 calculation, Scope 3 calculation)
GRI 308: Supplier Environmental Assessment (2016)
308-1
New suppliers that were screened using environmental criteria
ESG data summary (Responsible materials and products)
308-2
Negative environmental impacts in the supply chain and actions taken
Supply chain responsibility and labor rights (Audits and remediation)
ESG data summary (Directly sourced suppliers assessed for social impact, Suppliers identified as having significant actual and potential negative social 
impacts, Supplier factories reporting compliance issues)
Social
GRI 404: Training and Education (2016)
404-1
Average hours of training per year per employee
Omission for information unavailable / incomplete
We do not currently report data of employees’ hours of training per year, but we are working to implement a process to collect and report this information to meet such GRI requirement in future 
ESG reporting. Despite information on the average number of hours of training is not available, we have disclosed the key training programs developed to support the growth and development of 
our associates.
404-2
Programs for upgrading employee skills and transition assistance programs
Employee wellbeing and engagement (Employee benefits, Employee training and development)
Report Coverage Key: 
 Full 
 Partial 
 Omission
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GRI INDEX continued
Disclosure Number
Disclosure Title 
Report 
Coverage Location
Social continued
GRI 404: Training and Education (2016) continued
404-3
Percentage of employees receiving regular performance and career 
development reviews
Omission for information unavailable / incomplete
GUESS employees received a regular performance and career development review during the reporting period. Currently, the tracking of the completion rate of the performance reviews of some 
employees categories in certain countries is not of adequate quality to report, but we are working to implement a process to collect and report this information to meet such GRI requirement in 
future ESG reporting.
GRI 405: Diversity and Equal Opportunity (2016)
405-1
Diversity of governance bodies and employees
Diversity and inclusion (Gender diversity)
ESG data summary (Racial/Ethnic group representation of the US employees by category, Racial/Ethnic group representation of the US employees by 
location, Employees by Executive Management and associates by retail and corporate by age and gender, Corporate Board of Directors diversity, 
Employee numbers (total))
405-2
Ratio of basic salary and remuneration of women to men
Diversity and inclusion (Gender diversity)
ESG data summary (Ratio of basic salary breakdown by gender by employee category (Women to Men))
GRI 406: Non-discrimination (2016)
406-1
Incidents of discrimination and corrective actions taken
Omission for confidentiality
GUESS considers the information confidential and cannot report it publicly. Despite confidentiality constraints, we have disclosed our approach to the management about potential discrimination 
in the section “Diversity and inclusion at GUESS” and provide supporting detail in “Management of material topics”.
GRI 407: Freedom of Association and Collective Bargaining (2016)
407-1
Operations and suppliers in which the right to freedom of association and collective 
bargaining may be at risk
Supply chain responsibility and labor rights (Supply chain social compliance, Our supply chain, Our approach to supply chain social responsibility, 
Amplifying workers’ voices, Supply chain assessment, Audits and remediation)
GRI 408: Child Labor (2016)
408-1
Operations and suppliers at significant risk for incidents of child labor
Supply chain responsibility and labor rights (Supply chain social compliance, Our supply chain, Our approach to supply chain social responsibility, 
Supply chain assessment, Audits and remediation)
GRI 409: Forced or Compulsory Labor (2016)
409-1
Operations and suppliers at significant risk for incidents of forced or compulsory labor
Supply chain responsibility and labor rights (Supply chain social compliance, Our supply chain, Our approach to supply chain social responsibility, 
Supply chain assessment, Audits and remediation)
GRI 414: Supplier Social Assessment (2016)
414-1
New suppliers that were screened using social criteria
Supply chain responsibility and labor rights (Our approach to supply chain social responsibility)
414-2
Negative social impacts in the supply chain and actions taken
Supply chain responsibility and labor rights (Supply chain social compliance, Our supply chain, Our approach to supply chain social responsibility, 
Supply chain assessment)
ESG data summary (Supply chain responsibility and labor rights, Supplier factories reporting compliance issues, Relationship with suppliers, 
Description of the greatest labor and environmental, health, and safety risks in the supply chain)
Report Coverage Key: 
 Full 
 Partial 
 Omission
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GRI INDEX continued
Disclosure Number
Disclosure Title 
Report 
Coverage Location
Social continued
GRI 416: Customer Health and Safety (2016)
416-1
Assessment of the health and safety impacts of product and service categories
Chemicals, pollution, and water stewardship (Our approach to safe chemicals)
416-2
Incidents of non-compliance concerning the health and safety impacts of products 
and services
Chemicals, pollution, and water stewardship (Our approach to safe chemicals)
Management of material topics (Priority topics)
GUESS has had no critical compliance issues in this reporting period. Currently, we do not track non critical compliance issues. In addition, we have disclosed our approach to prohibit or limit 
chemicals that may arm our products’ safety in the section “Chemicals, pollution, and water stewardship (Our approach to safe chemicals)” and provided supporting detail in “Management of 
material topics”.
GRI 417: Marketing and Labeling (2016)
417-1
Requirements for product and service information and labeling
Responsible marketing (Product information and labeling)
417-2
Incidents of non-compliance concerning product and service information and labeling
Responsible marketing (Product information and labeling)
Management of material topics (Significant topics)
GUESS has had no non-compliance with regulations and/or voluntary codes in this reporting period. GUESS deems material incidents based on financial scoping (financially relevant and 
reported also in the Annual Report - 10K).
417-3
Incidents of non-compliance concerning marketing communications
Responsible marketing (Product information and labeling)
Management of material topics (Significant topics)
GUESS has had no non-compliance with regulations and/or voluntary codes in this reporting period. GUESS deems material incidents based on financial scoping (financially relevant and 
reported also in the Annual Report - 10K).
GRI 418: Customer Privacy (2016)
418-1
Substantiated complaints concerning breaches of customer privacy and losses of 
customer data
Omission for confidentiality
GUESS considers the information confidential and cannot report it publicly. Despite confidentiality constraints, we have disclosed our approach to privacy and data security in the sections 
“Responsible marketing (Customer data privacy)” and “Data security and privacy” and provided supporting detail in “Management of material topics”.
Report Coverage Key: 
 Full 
 Partial 
 Omission
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SASB INDEX
SASB index
Disclosure Number
Disclosure Title
Report 
Coverage Location
Apparel, accessories, and footwear
Management of Chemicals in Products
CG-AA-250a.1
Discussion of processes to maintain compliance with restricted substances regulations
Chemicals, pollution, and water stewardship (Our approach to safe chemicals) 
GUESS is requiring to comply with chemical management to its Tier 1 suppliers that are responsible to assure the compliance of their suppliers as well.
CG-AA-250a.2
Discussion of processes to assess and manage risks and/or hazards associated with chemical in product
Chemicals, pollution, and water stewardship (Our approach to safe chemicals)
Management of material topics (Priority topics)
Environmental Impacts in the Supply Chain
CG-AA-430a.1
Percentage of: 
(1) Tier 1 supplier facilities 
(2) Supplier facilities beyond Tier 1 in compliance with wastewater discharge permits and/or contractual agreement
Chemicals, pollution, and water stewardship (Working with suppliers, Water-saving technologies)
Management of material topics (Priority topics)
GUESS has not yet started to track the completion rate of its Tier 2 suppliers.
CG-AA-430a.2
Percentage of: 
(1) Tier 1 supplier facilities
(2) Supplier facilities beyond Tier 1 that have completed the Sustainable Apparel Coalition’s Higg Facility 
Environmental Module (Higg FEM) assessment or an equivalent environmental data assessment
ESG data summary (Responsible materials and products) 
GUESS has not yet started to track the completion rate of its Tier 2 suppliers.
Labor Conditions in the Supply Chain
CG-AA-430b.1
Percentage of: 
(1) Tier 1 supplier facilities
(2) Supplier facilities beyond Tier 1 that have been audited to a labor code of conduct
(3) Percentage of total audits conducted by a third-party auditor
Supply chain responsibility and labor rights (Supply chain social compliance, Our approach to supply chain social responsibility)
ESG data summary (Relationship with suppliers)
GUESS has not yet started to track the completion rate of its Tier 2 suppliers.
CG-AA-430b.2
Priority non-conformance rate and associated corrective action rate for suppliers’ labor code of conduct audits
Supply chain responsibility and labor rights (Supply chain social compliance, Our supply chain, Our approach to supply chain 
social responsibility, Supply chain assessment, Audits and remediation)
ESG data summary (Relationship with suppliers)
CG-AA-430b.3
Description of the greatest: 
(1) Labor 
(2) Environmental, health, and safety risks in the supply chain
Supply chain responsibility and labor rights (Supply chain assessment)
ESG data summary (Description of the greatest labor and environmental, health, and safety risks in the supply chain)
Raw Materials Sourcing
CG-AA-440a.1
Description of environmental and social risks associated with sourcing priority raw materials
Responsible materials and products (Responsible material sourcing, Reduce vulnerability, Using environmentally preferred 
materials)
CG-AA-440a.2
Percentage of raw materials third-party certified to an environmental and/or social sustainability standard, by standard
ESG data summary (Environmentally preferred raw material)
Activity Metric
CG-AA-000.A
Number of:
(1) Tier 1 suppliers
(2) Suppliers beyond Tier 1
ESG data summary (GUESS’ directly sourced apparel, jewelry and accessories by country and units purchased) 
GUESS is not currently able to provide an accurate number for its full list of Tier 2 suppliers at this time.
Report Coverage Key: 
 Full 
 Partial 
 Omission
We have included specific SASB indicator references within this ESG Report on specific pages’ upper left hand corner 
to serve as a cross-reference from the sections of the ESG Report that are referenced in the “Location” column herein.
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SASB INDEX continued
Disclosure Number
Disclosure Title
Report 
Coverage Location
Multiline and Specialty Retailers & Distributors
Energy Management in Retail & Distribution
CG-MR-130a.1
(1) Total energy consumed
(2) Percentage grid electricity
(3) Percentage renewable
ESG data summary (Energy consumption)
Data Security
CG-MR-230a.1
Description of approach to identifying and addressing data security risks
Data security and privacy
CG-MR-230a.2
(1) Number of data breaches 
(2) Percentage involving personally identifiable information (PII)
(3) Number of customers affected
Responsible marketing (Customer data privacy)
Data security and privacy
GUESS is committed to assuring the protection of personal information of our customers, and taking care to implement best practices and follow the regulatory 
safeguards within each country we operate. To learn more about our general data security program, refer to Sections “ Responsible marketing (Customer data 
privacy)” and “Data security and privacy”. Any financially material disclosure on this matter would be included in our Form 10-K.
Labor Practices
CG-MR-310a.1
(1) Average hourly wage
(2) Percentage of in-store employees earning minimum wage, by region
ESG data summary (Average hourly wage (excl. Overtime) of retail employees/Average hourly wage (excl. Overtime) of 
distribution center employees, Retail and distribution center employees earning minimum wage)
CG-MR-310a.2
(1) Voluntary
(2) Involuntary turnover rate for in-store employees
ESG data summary (Turnover rate for retail and distribution center employees)
CG-MR-310a.3
Total amount of monetary losses as a result of legal proceedings associated with labor law violations
Guess?, Inc. operates in approximately 100 countries around the world, and is committed to provided a workplace where our associates thrive. We are proud of the 
investment we make to train and develop our associates, and create a culture that empowers our retail teams to take pride and ownership of the store in which they 
work. We have systems in place to assure that we uphold relevant labor laws in the jurisdictions in which we operate. However, Guess?, Inc. does on occasion 
receive lawsuits or demands related to wage and hour violations. Any financially material losses related to labor law violations would be disclosed in SEC reporting 
documents. To learn more about our employees and company culture, please refer to sections “Diversity and inclusion” and “Employee wellbeing and engagement”. 
Any financially material disclosure on this matter would be included in our Form 10-K.
Workforce Diversity & Inclusion
CG-MR-330a.1
Percentage of gender and racial/ethnic group representation for: 
(1) Management
(2) All other employees
Diversity and inclusion (Diversity and inclusion at GUESS, Ethnic diversity, Integrating D&I into HR processes and tools, D&I training)
ESG data summary (Racial/Ethnic group representation of the US employees by category, Racial/Ethnic group representation of 
the US employees by location, Management (retail and corporate) and non-management (retail and corporate) by gender, 
Employee numbers (total))
CG-MR-330a.2
Total amount of monetary losses as a result of legal proceedings associated with employment discrimination
Diversity and inclusion is a core value for GUESS, and is fundamental to the way we do business. We appreciate and understand the importance of creating an 
environment in which all of our employees feel valued, included and empowered, and we strive to ensure that our workforce is reflective of the communities in which 
we live and work. Guess?, Inc. is an equal opportunity employer that operates without regard to age, ancestry, arrest record, citizenship, race of color, marital or 
parental status, military discharge status, national origin, pregnancy, religion, sex, sexual orientation, gender identify, union activity, or physical or mental disability, 
or medical condition unrelated to the individual’s ability to perform the job. Any financially material losses as a result of legal proceedings associated with 
employment discrimination would be reported in our SEC reporting documents.
For more information refer to the “Diversity and inclusion” section of the ESG Report.
Report Coverage Key: 
 Full 
 Partial 
 Omission
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Disclosure Number
Disclosure Title
Report 
Coverage Location
Multiline and Specialty Retailers & Distributors continued
Product Sourcing, Packaging & Marketing
CG-MR-410a.1
Revenue from products third-party certified to environmental and/or social sustainability standards
ESG data summary (Environmentally preferred raw material)
CG-MR-410a.2
Discussion of processes to assess and manage risks and/ or hazards associated with chemicals in products
Chemicals, pollution, and water stewardship (Our approach to safe chemicals)
CG-MR-410a.3
Discussion of strategies to reduce the environmental impact of packaging
Circular economy, packaging, and waste (Enhancing our packaging)
Activity Metric 
CG-MR-000.A
Number of retail locations and DCs
FY2023 Annual Report, 10K - PART I - Logistics - (pag. 8), 10K - PART II - Executive Summary - Global Store Count (pag. 44)
CG-MR-000.B
Total area of retail space and DCs
FY2023 Annual Report, 10K - PART I - ITEM 1. BUSINESS - Business Strengths (pag. 2), 10K - PART I - ITEM 2. Properties 
(pag. 38)
SASB INDEX continued
Report Coverage Key: 
 Full 
 Partial 
 Omission
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SUPPLEMENTAL KPIS AND CRITERIA
This table provides the criteria for certain supplemental key performance indicators (KPIs) included in the ESG data summary that are in addition to the metrics used to satisfy GRI and SASB standards requirements.
KPI number, title and criteria 
Location
1. GUESS denim mills that fulfilled Higg FEM
Ratio of GUESS denim mills that fulfilled Higg FEM out of all denim mills from which GUESS sourced during previous fiscal year.
ESG data summary (Responsible materials and products)
2. % of assessments performed by GUESS auditors and others on directly sourced suppliers
Identify and count the GUESS supplier Code of Conduct assessments for the period in scope and categorize by percent by type of 
auditor or certification type (GUESS auditors, External auditors, Sedex and Other audits, WRAP, SA8000 and Seri.co certifications).
ESG data summary (% of assessments performed by GUESS auditors and others on directly sourced suppliers)
3. Leftovers diverted from landfills
Weight, in kilograms, of unused, damaged and returned goods sent by GUESS directly to a third-party partner for reuse, repair 
or recycling.
ESG data summary (Circular economy, packaging, and waste)
4. % of recycled or biobased polyester for GUESS apparel mainline and for all brands
Ratio of recycled or biobased polyester contained in styles received at DCs out of total polyester contained in styles received at DCs 
during the reporting fiscal year. Scope includes GUESS apparel mainline only and GUESS apparel all brands only.
ESG data summary (Environmentally preferred product)
5. Received units at DC of GUESS ECO denim and non-denim styles for GUESS apparel mainline
Denim and non-denim styles received at DCs that satisfy the minimum requirements established by the GUESS ECO guidelines and 
marketed as GUESS ECO for the brand’s eco collection out of the total denim and non-denim styles received at DCs during the 
reporting fiscal year. Scope includes GUESS apparel mainline only.
ESG data summary (Environmentally preferred product)
6. Received units at DC of Consciously Constructed styles for GUESS apparel Factory mainline
Denim and non-denim styles received at DCs that satisfy the minimum requirements established by the Consciously Constructed 
guidelines and marketed as Consciously Constructed for the brand’s eco collection out of the total denim and non-denim styles received 
at DCs during the reporting fiscal year. Scope includes GUESS apparel Factory mainline only.
ESG data summary (Environmentally preferred product)
Supplemental KPIs and criteria
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Scope 1 and Scope 2 calculation
Gases included, emissions factors, consolidation 
approach, standards, methodologies, assumptions, 
and/or calculation tools used
Scope 1 represents direct GHG emissions that occur from 
sources that are owned or controlled by the company. 
Scope 2 accounts for indirect GHG emissions from the 
generation of purchased utilities consumed by the 
company. The operational boundaries for Scope 1 and 2 
emissions include leased and owned offices, warehouses, 
showrooms, and stores under operational control in all 
global regions within which the company operates. 
For direct emissions (Scope 1), equivalent emission factors 
for CO2, CH4, N2O, by fuel type or process application are 
used for all sites worldwide according to figures published 
by the United States Mandatory Reporting Rule (MRR). 
For indirect emissions (Scope 2) emission factors for the 
specific utility supplied to GUESS’ facilities are defined 
by the following methods (version detailed in next pages), 
in each relative geography, where GUESS operates: 
Location-based 
•	US: 
	
– US EPA Emissions & Generation Resource 
Integrated Database (eGRID) 
•	Non-US: 
	
– Environmental Canada National Inventory Report 
(NIR) 
	
– International Energy Agency (IEA) CO2 Emissions 
from Fuel Combustion (Rest of World) 
Market-based 
•	US: 
	
– US Residual Mix (Green-e Energy Emissions Rates)
	
– US EPA Emissions & Generation Resource 
Integrated Database (eGRID) 
•	Non-US: 
	
– RE-DISS European Residual Mix 
	
– Environment Canada National Inventory Report 
(NIR) 
	
– International Energy Agency (IEA) CO2 Emissions 
from Fuel Combustion 
Market-based approach 
While the company discloses GHG emissions factors 
using both the location- and market-based methodology, 
in accordance with the GHG Protocol, Management 
applies the market-based methodology to measure 
emissions performance against the stated emission reduction 
targets as compared to the base year. The location-based 
methodology quantifies Scope 2 emissions based on 
average energy generation emission factors for defined 
geographic locations, whereas the market-based 
methodology quantifies Scope 2 emissions based on 
GHG emissions emitted by the generators from which the 
reporter contractually purchases utilities bundled with 
contractual instruments, or contractual instruments on their 
own. Additional factors, according to guidance in the 
GHG Protocol Scope 2 market-based data hierarchy, 
were used to calculate Scope 2 market-based emissions 
as the company purchased renewable energy instruments 
across various markets in FY2022-2023. These agreements 
included energy attribute certificates (EACs) such as 
renewable energy certificates (RECs), international-RECs 
(i-RECs), guarantees of origin (GoOs), and renewable 
energy guarantees of origin (REGOs) which all meet the 
GHG Protocol Scope 2 Quality Criteria requirements. 
Wind projects were the primary energy generation 
technology included in the EACs utilized for market-based 
Scope 2 calculations for FY2022-2023. 
Methodological statements for 
carbon and energy
Reporting boundaries 
Our Scope 1, 2 and 3 greenhouse gas (“GHG”) emissions 
contained on page 81 and this related methodological 
statements were prepared in accordance with the World 
Resource Institute/World Business Council for Sustainable 
Development Greenhouse Gas Protocol: A Corporate 
Accounting and Reporting Standard, Revised Edition, 
including the GHG Protocol Scope 2 Guidance, An 
amendment to the GHG Protocol Corporate Standard 
(collectively, the “GHG Protocol”).
Management has selected the control approach 
(operational control) as the organizational boundary 
to consolidate GHG emissions. Under the operational 
control approach, GUESS accounts for 100% of emissions 
from operations over which the company or one of its 
subsidiaries has operational control as explained in the 
section “About our report” at page 79.
Base year 
In FY2021, the company set GHG emission reduction 
targets approved by the Science Based Targets initiative 
(SBTi) utilizing a base year of FY2019. The base year 
was chosen in accordance with the GHG Protocol 
guidance for tracking emissions over time as Management 
believes FY2019 provides an accurate reflection of its 
overall emissions profile, boundaries, and current 
methodology. The Scope 2 indirect emissions for the 
base year were calculated using the market-based 
and the location-based methodologies. 
Base year and subsequent year reported GHG emissions 
are adjusted according to guidance as set forth in the 
GHG Protocol when a significant cumulative change in 
base-year emissions is triggered. The following conditions 
would require such an adjustment if a significant change 
is identified: 
•	A structural change of the company’s organizational 
boundaries (i.e., merger, acquisition, or divestiture) 
•	A change in calculation methodologies or 
emission factors 
•	Additional or new data or methodology are available 
on source emissions that was not previously available 
•	Outsourcing (i.e., production of goods that is moved 
outside of the company’s defined reporting boundaries) 
or insourcing (i.e., opposite of “outsourcing”) where 
the modified case includes emissions that were not 
previously accounted for within the inventory in 
Scopes 1, 2, or 3 
•	Discovery of a significant error or a number of 
cumulative errors in the company’s inventory 
Significant is defined under the company’s established 
policy as a cumulative change (plus/minus) of five percent 
(5%) or larger in the company’s total base-year emissions 
(Scope 1 and Scope 2 emissions in total, or Scope 3 
emissions on reported categories) on a CO2-e basis. 
No recalculations or adjustments have been made 
to base year emissions.
Greenhouse gases 
All GHG emissions figures are presented in metric tons 
of carbon dioxide equivalents (MTCO2e). In accordance 
with the GHG Protocol, the company has included carbon 
dioxide (CO2), methane (CH4), and nitrous oxide (N2O). 
Due to the nature of GUESS’ operations, 
hydrofluorocarbons (HFCs), perfluorocarbons (PFCs), 
sulfur hexafluoride (SF6), and nitrogen trifluoride (NF3) 
are not likely to be released in significant quantifies for 
tracking and have been omitted as they are not material 
sources of greenhouse gases for the company. 
METHODOLOGICAL STATEMENTS 
GRI 305-1, 305-2, 305-3, 305-5
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METHODOLOGICAL STATEMENTS continued 
Location-based 
Scope 
Source 
Proposed 
FY2019 
FY2020 
FY2021 
FY2022 
FY2023 
1 
Natural Gas 
US EPA Mandatory 
Reporting Rule (MRR) – 
Final Rule (40 CFR 98) 
– Commercial Sector 2013 
US EPA MRR 2013 
1 
Propane 
US EPA Mandatory 
Reporting Rule (MRR) – 
Final Rule (40 CFR 98) 
– Commercial Sector 2013 
US EPA MRR 2013 
1 
Chilled Water US EIA Emission Factors for 
Steam and Chilled Water; 
Steam and Chilled/Hot 
Water 
Steam and Chilled/Hot Water 
2 
Electric Power Environment Canada (NIR) 
 
2019  
(w/2017 data) 
2020  
(w/2018 data) 
2021  
(w/2019 data) 
2022  
(w/2020 data) 
2 
Electric Power US EPA eGRID 
2018  
(2016 data) 
2020 v2  
(2018 data) 
2021  
(w/2019 data) 
2022  
(2020 data) 
2023  
(2021 data) 
2 
Electric Power International Energy 
Agency 
2018  
(w/ 2016 data) 
2019  
(w/2017 data) 
2020  
(w/2018 data) 
2021  
(w/2019 data) 
2022  
(w/2020 data)
Scope 1 and Scope 2 calculation continued
Global warming potential 
All GHG emissions are calculated in metric tons (MT) of pollutant (CO2, CH4, N2O) and converted to MT of CO2 
equivalents (or “CO2-e”) using the global warming potentials (GWPs). GWPs for GUESS’ inventory are taken from 
the Intergovernmental Panel on Climate Change (IPCC) Fifth Assessment Report (AR5) 2014 using 100-year values. 
The following table outlines the applicability of emission factor sources by year. Applicability is based on the most up 
to date information in the year of the inventory publication. 
Market-based 
Scope 
Source 
Proposed 
FY2019 
FY2020 
FY2021 
FY2022 
FY2023 
1 
Natural Gas 
US EPA Mandatory 
Reporting Rule (MRR) – 
Final Rule (40 CFR 98) 
– Commercial Sector 2013 
US EPA MRR 2013 
1 
Propane 
US EPA Mandatory 
Reporting Rule (MRR) – 
Final Rule (40 CFR 98) 
– Commercial Sector 2013 
US EPA MRR 2013 
1 
Chilled Water US EIA Emission Factors for 
Steam and Chilled Water; 
Steam and Chilled/Hot 
Water 
Steam and Chilled/Hot Water 
2 
Electric 
Power/RECs 
Environment Canada (NIR) 
 
2019  
(w/2017 data) 
2020  
(w/2018 data) 
2021  
(w/2019 data) 
2022  
(w/2020 data) 
2 
Electric 
Power/RECs 
RE-DISS 
2018 v1.4 
2018 v1.4 
2019 v1.0 
2020 v1.0 
2021 v1.0 
2 
Electric 
Power/RECs 
US EPA eGRID 
2018  
(2016 data) 
2020 v2  
(2018 data) 
2021  
(w/2019 data) 
2022  
(2020 data) 
2023  
(2021 data) 
2 
Electric 
Power/RECs 
US Residual Mix (Green-e 
Energy Emissions Rates)
2018  
(w/ 2016 data) 
2019  
(w/2017 data) 
2020  
(w/2018 data) 
2021  
(w/2019 data) 
2022  
(w/2020 data)
2 
Electric 
Power/RECs 
International Energy 
Agency 
2018  
(w/ 2016 data) 
2019  
(w/2017 data) 
2020  
(w/2018 data) 
2021  
(w/2019 data) 
2022  
(w/2020 data)
GRI 305-1, 305-2, 305-5
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METHODOLOGICAL STATEMENTS continued
Scope 3 calculation
Gases included, other GHG emissions categories and 
activities, emissions factors, standards, methodologies, 
assumptions, and/or calculation tools used
The operational boundaries for Scope 3 emissions 
presented in this document represent GHG Protocol 
Category 1 “Purchased Goods and Services”, which 
only includes activities associated with land use changes, 
material extraction, textile processing, and final assembly 
for units purchased by GUESS. This Scope 3 Category has 
been defined as the one significant to set our SBTi goals.
Data for Americas, Europe and Mainland China on 
purchased units and related materials are retrieved from 
the same database used for the other GRI and SASB 
metrics presented in this ESG report. To date, GUESS is 
unable to access similar databases of product-level 
information for its Korea and Japan footprint. As such, 
material projections are based on total revenue 
breakouts in that region to calculate missing unit 
information assumptions.
For indirect emissions (Scope 3) Category 1 – Purchased 
Goods and Services – sources of Emission Factors: 
•	Tier 1 Final Assembly: 
	
– Higg FEM: Data on final assembly are estimated 
based on information retrieved from survey 
submitted by suppliers in their Higg FEM modules. 
Suppliers can choose to have their module validated 
by a third party, who reviews and approves the 
information. As GUESS seeks to improve data 
quality of its calculations based on self-reported 
supplier activity data, the final assembly activities 
data for units purchased is tested for quality 
assurance within reasonable threshold ranges. To 
date, the majority of GUESS suppliers do not report 
verified data. As such, the data is assessed for 
exclusions from likely errors in reporting unverified 
energy and emissions data from suppliers, then 
supplemented with estimations. These estimates are 
derived from assumptions based on inputs such as, 
the total units of reported data, the average energy 
per unit, % of units per country of origin, and 
assumed fuel breakdowns. This approach will be 
re-assessed once a majority of GUESS’ self-
reporting suppliers report better quality, third-party 
verified data
	
– US EPA MRR; EIA; US EPA Hub 2021-2023; US 
EPA EF Hub 2021-2023; International Energy 
Agency, 2022 publication (with 2020 data) 
•	Tier 2 Textile Processing – Weaving, Knitting & Dying:
	
– EcoInvent 3: Textile, knit cotton {GLO}| textile 
production, knit; Fabric pretreatment, dyeing and 
finishing, combined processes, US U; Textile, 
woven cotton {GLO}| production | Cut-off, S; 
Fabric pretreatment, dyeing and finishing, 
combined processes US U. US LCI 2.2: yarn 
production, cotton fibers/kg/GLO; Weaving, 
synthetic yarn, CN S; Knitting, circular, synthetic 
yarn/US US-EIU
	
– It is noted that the green materials Livaeco and 
Ecovero™ are pre-treated. Therefore, the emission 
factor calculation assumes a 0 impact from the 
“Fabric pretreatment, dyeing and finishing, 
combined processes”
•	Tier 3 Material Extraction & Processing: 
	
– EcoInvent 3: Viscose fiber {GLO} | viscose 
production | Cut-off, S; Polyethylene terephthalate, 
granulate, bottle grade {GLO} | market for | 
Cut-off, S|; Acrylonitrile {GLO} | market for | 
Cut-off, S’; Nylon 6-6 {GLO} | market for | 
Cut-off, S; Polypropylene, granulate {GLO} | 
market for | Cut-off, S; Cotton fiber {US} | 
cotton production | Cut-off, S. US LCI 2.2: yarn 
production, cotton fibers/kg/GLO; Spinning fiber, 
synthetic/US U US-EI U. Wrap.org. SAC MSI. 
Invista LCA: Spandex fiber {INVISTA}, contains 
data for yarn formation/spinning. Industry data 
2.0. The Life Cycle Assessment of Organic Cotton 
Fiber – A Global Average. Summary of Findings. 
K. Joseph et al. (2009)
	
– It is noted that recycled materials are assumed to 
not have intensity from agricultural production 
(naturals) or granulate production (synthetics)
	
– It is noted that the green materials sourced from 
certified sustainable forests subprocess assume 0 
associated Tier 3 emissions
•	Tier 4 Direct Land Use Changes:
	
– FAOSTAT. EcoInvent v 3.3: Cotton fiber {US} | 
cotton production | Cut-off, S. Blonk Consultants: 
Direct Land Use Change Assessment Tool
	
– Recycled materials assume 0 impact from land 
use changes, as no new cotton is grown for 
these materials
Standards, methodologies, 
assumptions, and/or calculation tools 
and source of the conversion factors 
used for energy calculations
We hired third-party greenhouse gas accounting specialists 
to collect and assess our direct metering reports from 
utilities and/or energy supplier invoices. When information 
was unavailable, gap fills or estimations were performed 
to approximate the usage. Approximations can be based 
on reports or invoices from other months of the same 
building or from other buildings comparable in size and 
energy consumption.
Conversion factors used: 
1)	 Natural Gas: HHV of 10260 Btu/scf (US EPA 
Mandatory Reporting Rule (MRR), 2013 
2)	 Electric Power (Purchased): Standard energy 
conversions, unlike GUESS’ other commodities, the 
electric power invoices are already provided as energy 
3)	 Chilled Water: 0.09532 GJ/m3, and from guidance 
from Energy Star
4)	 Propane: HHV of 3.824 MMBtu/Barrel (Climate 
Registry Table 13.1 US Default CO2 Emission Factors 
for Transport Fuels); Density of 4.12 lbs/gallon – (EPA 
Mandatory Reporting Rule (MRR)); Thermal expansion 
coefficient of 270
GRI 302-1, 305-3, 305-5
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APPENDICES
ESG REPORT FISCAL YEARS 2022–2023
SOCIAL

GLOSSARY OF TERMS
Americas
Includes GUESS in US & Canada
Apparel Factory 
mainline
GUESS Factory mainline stands for off-price mainline collection of GUESS branded clothes for adults, 
both women and men, that encompasses all apparel categories, from t-shirts to outerwear. Factory 
mainline excludes other apparel categories (i.e. Kids, Athleisure, Underwear, Beachwear) and other 
non-apparel product categories (i.e. Bags, Footwear, Small Leather Goods, Accessories, Home). 
In FY2023 Factory mainline represented 44% of global apparel products purchased (excluding 
Guess Korea and Guess Japan)
Apparel mainline GUESS mainline stands for full-price mainline collection of GUESS branded clothes for adults, both 
women and men, that encompasses all apparel categories, from t-shirts to outerwear. Mainline excludes 
other GUESS branded apparel categories (i.e. Kids, Athleisure, Underwear, Beachwear, Factory), 
other non-apparel product categories (i.e. Bags, Footwear, Small Leather Goods, Accessories, Home) 
and other brands (i.e. Marciano, GBG, GUESS Jeans U.S.A., GUESS Originals). In FY2023 apparel 
mainline represented 30% of global apparel products purchased (excluding Guess Korea and 
Guess Japan)
Asia
Includes GUESS in Greater China, Korea & Japan
BCI
Better Cotton Initiative
Biodegradable
A material or product is defined as Biodegradable if microorganisms (bacteria, fungi, algae) can 
break it down into simpler natural components (water, CO2, biomass, etc.) under natural conditions 
(with oxygen or without oxygen)
CDP
Carbon Disclosure Project
Consciously 
Constructed
Consciously Constructed stands for GUESS Factory off-price products made using more sustainable 
materials that satisfy minimum requirements as defined by our internal guidelines for the given year 
of development. Consciously Constructed products are marketed as more sustainable product range 
by GUESS
Degradable
Degradable simply means that a product or material breaks down. Most materials break down over 
a long enough time
Europe
Includes GUESS in Europe and countries managed by Guess Europe Sagl
FSC
Forest Stewardship Council
Greater China
Includes mainland China, Hong Kong, Taiwan and Macau
GHG
Greenhouse Gas
GRI
Global Reporting Initiative
GUESS ECO
GUESS ECO stands for GUESS full-price products made using more sustainable materials and 
processes that satisfy minimum requirements as defined by our internal guidelines for the given year 
of development. GUESS ECO products are marketed as more sustainable product range by GUESS. 
In addition to preferred materials, the production method is optional for non-denim and required for 
denim to be branded as GUESS ECO
Higg FEM
The Higg Index’s Facility Environmental Module is a standardized sustainability assessment tool 
to measure and evaluate apparel facilities’ environmental performance
HRC
Human Rights Council
LCA
Life cycle assessment to measure the impacts on the environment associated with the life cycle of 
a product, process, or service
LRSM
GUESS’ List of Restricted Substances and Materials which outlines the chemicals that are limited 
or prohibited in our products or in the production process
Materials 
Portfolio
Collection of diverse raw materials used in the production of goods
MRSL
ZDHC’s Manufacturing Restricted Substances List is a list of chemical substances banned from intentional 
use in the apparel industry
PFAS
Per- and polyfluoroalkyl substances, so called “Forever chemicals”
RECs
Renewable Energy Credits
SASB
Sustainability Accounting Standards Board
SBTi
Science Based Targets initiative
SBTN
Science Based Targets for Nature 
SVR
The Sustainable Vendor Rating is GUESS’ internally developed tool to evaluate suppliers based 
on environmental performance
TCFD
Task Force on Climate-related Financial Disclosures
UN SDGs
United Nations Sustainable Development Goals
VSC
GUESS’ Vendor Scorecard to measure the performance and effectiveness of core vendors
ZDHC
Zero Discharge of Hazardous Chemicals, an apparel industry program to promote sustainable chemical 
management within the fashion industry
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FORWARD-LOOKING STATEMENTS
This document contains forward-looking statements based 
on Management’s current expectations as of the date of 
publication of this report. These forward-looking statements 
are indicated by words or phrases such as “expect,” 
“project,” “believe,” “will,” “aim,” “plan,” “intend,” “look 
forward to,” and similar words or phrases. These forward-
looking statements are based largely on our current plans 
and expectations and are subject to a number of risks, 
uncertainties or other factors that may cause actual results 
or performance to be materially different from our current 
expectations. Please refer to our most recent Annual Report 
on Form 10-K and other filings with the U.S. Securities and 
Exchange Commission for a more complete list of risk 
factors. We do not undertake any obligation to publicly 
update or revise any forward-looking statements, whether 
as a result of new information, future events, or otherwise. 
For more about the scope and boundary of this report, 
please see About our report on page 79.
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© Guess?, Inc. 2023
Catalog #382
PRINTER
Lithographix, Los Angeles, California 
Lithographix is an FSC and SFI certified printer with a 
reduced hazardous waste stream of less than 1% of its 
consumption, and recycles 98% of all consumable waste. 
Corporate Social Responsibility serves as the foundation 
of its business philosophy.
PAPER
Project printed on Mohawk Options Smooth, 100% PC 
White, 65 cover/176 gsm and 70 text/104 gsm. 
Mohawk Options is certified by Preferred by Nature for 
FSC® standards. Mohawk purchases Renewable Energy 
Certificates (RECs) to match 100% of the electricity used in 
its operations. Mohawk Options recycled papers contain 
at least 30% post-consumer waste fiber and meet the EPA 
guidelines for recycled content paper,s and all recycled fiber 
content in Mohawk papers is process chlorine free (PCF).
109
ABOUT
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GUESS campaign, spring 2023, Capri, Italy.