“Positioned at Bommasandra, Bangalore in India, device-3 was audited by WRAP as for each its typical processes in Oct 2020. WRAP has re-accredited the facility to be socially compliant,” Webpage Industries explained in a regulatory submitting.
Vedji Ticku, Executive Director and CEO, Webpage Industries Ltd (Jockey India) explained WRAP was totally happy soon after an independent audit of the firm’s device-3 producing facility at Bangalore.
Jockey International and all its subsidiaries solely use WRAP accredited or equal factories and needs all licensed companions to comply with Jockey specifications and keep WRAP certification.
Earlier this 12 months, Norway’s USD one-trillion wealth fund, Norges Lender Expenditure Management, experienced excluded Webpage Industries from its portfolio for alleged human rights violations. Post which, WARP began its audit of Webpage Industries’ facility.
“Webpage Industries’ monitor document and prolonged-standing partnership with Jockey did not match with the allegations revealed in the report by the Council on Ethics for the Norges Lender pertaining to Webpage Industries Ltd , device-3.
“In maintaining with its typical processes, WRAP not long ago performed an audit of device-3, as aspect of the WRAP re-certification course of action for that facility… Webpage worked transparently with WRAP to carry out the audit and keep certification for device-3,” Mark Fedyk, President and COO, Jockey International, Inc explained.
Webpage Industries is also the exceptional licensee of Speedo International for the producing, marketing and distribution in India.
It was established up in 1994 with the essential goal of bringing brand Jockey to India. Its promoter Genomal family has been connected with Jockey International for 50 several years. It grew to become a general public enterprise in March 2007 and is mentioned on primary bourses these kinds of as BSE and NSE.
In accordance to a regulatory submitting, Webpage Industries experienced documented a earnings of Rs two,945.42 crore and a internet earnings of Rs 343.22 crore for FY 2019-twenty.
WRAP is a non-earnings organisation focused on the sewn goods sector and it certifies socially liable amenities.