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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 43
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