Investor Presentaiton
BOOHOO GROUP PLC
ANNUAL REPORT AND ACCOUNTS 2021
/ STRATEGIC REPORT
ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT
CONTINUED
boohoo
group plc
FOCUS AREA 1:
UP.FRONT
FASHIONREADY FOR THE FUTURE
CLOTHES MADE
SMARTER
BETTER MATERIALS
2025 All our polyester and cotton will
be recycled or more sustainable
2030 All our clothes made with more
sustainable materials
SUSTAINABLE DESIGN
2025 Design innovation to reduce
waste, increase durability and
improve recyclability
Making our clothes in a smarter way - with better materials, more
sustainable design and less waste and packaging.
Buying more sustainable alternatives to traditional materials is a top priority. Working with our
industry partners like WRAP and the SAC, we've analysed our materials mix and developed
guidelines on more sustainable options.
Around 80% of the materials we use (by volume) are polyester and cotton, so our most
ambitious targets focus on these areas. However, we're also working with our suppliers on other
materials like viscose, acrylic and animal-derived products.
We're launching a consistent strapline across our brands to help customers identify which
products helping to achieve our goals, so look out for READY FOR THE FUTURE across our
sites, as products displaying this criterion will meet our standards.
Building on our materials strategy, we want to develop a set of standards to incorporate this
and consider other relevant elements of product design, such as upcycling, recyclability and
durability.
We've appointed one of our most experienced designers in the business as Sustainable Product
Design Director to lead this work, and we're excited about the potential innovations in the
pipeline.
FUTURE FOCUS
on water,
chemicals, biodiversity and
microfibers, developed in
partnership with experts
2023 Announce our goals
FOCUS AREA 2:
SUPPLIERS ON
BETTER TERMS
TRANSPARENCY
2021
2021
Disclose our supplier and factory
list
Publish our purchasing practices
2025 Map our raw materials supply
chain for key fibres
There are other important issues to address like water, chemicals, biodiversity and microfibres.
Our work in areas such as better materials and improved supply chain standards will help us
make progress on these areas, as well as our contribution to industry groups like the Microfibre
Consortium and Textiles 2030. But we will also develop dedicated goals on each of these issues
and work with experts to understand the best role we can play in tackling them.
Find out more in our sustainability report on pages
39 to 49.
Doing more for our suppliers - transparent supply chains, improved
standards and management, and a long-term commitment to those that
work in fashion.
Transparency is central to the commitments we've made through our Agenda for Change.
We have already delivered in a number of areas by publishing Alison Levitt QC's independent
review of our supply chain in full, and sharing updates by Sir Brian Leveson PC, who is holding
our board to account on delivering our Agenda for Change programme and publishing our list of
UK suppliers.
In 2021, we will continue to deliver against our Agenda for Change commitments by publishing
our global supplier list and our purchasing practices.
Longer term, we're going to work with key suppliers to map priority raw materials through our
supply chain, right back to the fields and factories where they were produced.
TEXTILE WASTE
2023
Launch resale and recycling offers
across out brands
2025 No textile waste direct to landfill
in our UK supply chain
We've been working for some time on diverting any textile waste in our own operations from
landfill, working with recycling partners and charities. Now, we want to extend this to our UK
supply chain. In particular, we hope to launch a pilot project to make sure that Iany offcuts are put
to the best use, through upcycling or recycling, for example.
We're also committed to developing different ways for customers to recycle their garments and
investing in resale platforms to keep clothes in use for longer.
STANDARDS
2023 Demonstrated improvements in
UK garment factories and the
positive impact on workers
2025 Demonstrate the impact of our
improved supplier management
programme over five years
Our new sourcing team includes ethical trade, product compliance, quality assurance and
environmental sustainability experts.
Together, they are implementing a more robust set of supplier standards and a rigorous
management programme. They're also improving the systems we use to order, monitor and track
our products.
All this work will drive positive changes for suppliers, factories and workers, and we are
committed to monitoring the impact of these improvements over the coming year and
publishing the findings.
PACKAGING
2030 All customer garment packaging
will be reusable, recyclable or
compostable, and any plastic used
will contain over 50% recycled
content
We've made a lot of progress on key types of packaging and labelling. For example, our despatch
bags contain over 80% recycled plastic, and we're working with a local supplier on poly-bags
(which we use to keep clothes protected in transport) with a high proportion of recycled content.
Now, we want to go further by working with our suppliers to ensure this is consistent across
all our garment packaging. We'll also keep innovating to explore more sustainable, recyclable
packaging materials.
42
43View entire presentation