Investor Presentaiton
BOOHOO GROUP PLC
ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT
CONTINUED
ANNUAL REPORT AND ACCOUNTS 2021
/ STRATEGIC REPORT
PROGRAMMES
2021 up
Set and donate £1 million
to the Garment Workers' Trust
in Leicester
2021 Launch manufacturing centre
of excellence
One of our key Agenda for Change commitments was to set up a Garment Workers' Trust in
Leicester to help champion workers' rights and provide support for vulnerable garment workers
in Leicester. The Trust will be overseen and managed by an independent Board of Trustees (for
whom we're currently recruiting), and we will provide grants and crisis funds for those in need.
We hope that it will become a recognised and trusted source of support for anyone working in
the fashion and textiles industry, providing both hardship funds and clear and understandable
guidance in multiple languages for those who may need independent support.
We've also purchased a site in Leicester where we want to establish a manufacturing facility in
partnership with one of our strategic suppliers.
We're obtaining planning permission for the facility, which is due to launch in 2021. We hope that
it will showcase how our products can be made legally, ethically and safely. We hope to create up
to 100 local jobs and offer a community hub to inspire new talent in the industry. Our growing
team in charge of checking standards among our Leicester suppliers will also work from this
facility.
CLIMATE CHANGE
2030
Achieve carbon reductions across
our value chain aligned with
science-based targets equivalent
to 52% reduction in emissions
relative to our growth.*
*4.2% absolute reduction in operational emissions
year-on-year, and 7% reduction in value chain emissions
year-on-year relative to our growth.
The climate crisis is one of the biggest challenges facing the planet and urgent action is needed.
We know that boohoo has a key role to play in this fight and are determined to be a proactive
presence in the retail industry.
Working with an independent and expert carbon management consultancy, we have calculated
our carbon footprint across both our own operations and value chain. We have identified key
areas where we can - and must- make the most significant reductions. These are our products,
product logistics and marketing channels.
We are setting a bold climate change commitment. By 2030, we will achieve carbon reductions
across our value chain aligned with science-based targets equivalent to a 52% reduction in
emissions relative to our growth.*
Furthermore, we have joined the BRC Climate Action Roadmap and the WRAP Textiles 2030
initiative.
Find out more in our sustainability report on pages
39 to 49.
FOCUS AREA 3:
OUR BUSINESS
TAKING ACTION
GOVERNANCE
2021 Embed sustainability risks and
opportunities in business decisions
and KPIs
Running our business responsibly - strong governance, a great place
to work, tackling climate change, responsible marketing and a role in
communities we can all be proud of.
In 2020, we strengthened our approach to governance with a Supply Chain Compliance
Committee, which reports to our Risk Committee and the group board.
Improving supply chain standards is an important agenda item at every board meeting. In 2020,
these discussions focused on our Agenda for Change, UK supplier management programme and
UP.FRONT sustainability strategy. In 2021, we will discuss broader sustainability issues through
this
s governance process.
And to drive change, teams across our business will have KPIs linked to our sustainability
strategy. For example, buying teams are focusing on better materials.
Find out more in business governance on pages 52 to 59.
OUR PEOPLE
2025 Aspire to be independently
recognised as the best online
retailer to work for
We want to attract and retain the best talent in the industry, building a diverse, inclusive boohoo
family where all our colleagues feel valued, have the opportunity to reach their full potential and
are proud of what we achieve together.
We'll listen to colleagues' needs, make diversity and inclusion a part of everything we do, and
create a thriving workplace culture. We'll focus on health and wellbeing, and provide first-class
learning and development opportunities and market-leading reward and benefit packages. And
we'll improve the way we monitor performance and plan for the future.
Find out more in our people section on pages 48 to 49.
44
MARKETING
2021
Publish responsible marketing
principles
ONGOING Make it easier for customers to
make sustainable choices with us
We live and breathe marketing and social media. It's how we get inspiration, talk with our
customers, sell our products and get feedback on what we do. Our marketing approach and
discounting strategies mean that customers from all walks of life are able to access our on-trend
products at great prices.
We've published our responsible marketing principles. Our teams are also working hard to make
it easier for customers to make more sustainable choices by launching READY FOR THE
FUTURE products and clearly communicating how products are meeting these guidelines.
Find out more in our sustainability report on pages 39 to 49.
COMMUNITY
2021 Publish our social impact strategy
to support local communities
Our teams are passionate about giving back to their local communities and supporting charities.
In addition, all our brands have their own charitable giving programmes, which include sample
donations, cash donations, volunteering and partnerships.
To amplify our positive impact, in 2021, we plan to launch a group-wide social impact strategy,
bringing all this work together under shared ambitions. This won't stop our brands supporting the
causes that they and their customers love, but it will help us reach more people and measure the
impact on their lives.
Find out more in our sustainability report on pages 39 to 49
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