Fossil Group

Fossil, Relic, Michele Watch, Misfit, WSI, Zodiac Watches
Texas
Consumer Durables and Apparel

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Fossil Group scored a 90 out of 100 on the 2023-2024 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, the company increases the risk of dividing employees, alienating customers and harming shareholders. The company provides a benefits package for employees which covers transgender medical procedures for covered employees and dependents, including children. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Fossil Group forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. Fossil Group implemented bias training as part of its onboarding process for new employees and requires its leaders complete DE&I workshops. The company’s CEO signed the CEO Action for Diversity and Inclusion pledge and supports the Equality Act. Its subsidiary Skagen has also released a Pride-themed merchandise brand and Fossil Group partners with HMI an LGBTQ advocacy group. The company has donated to the Trevor Project, which supports the provision of hormone treatments to minors for gender transitions. For these reasons, Fossil Group receives a High Risk rating.

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