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ESG



Responsibility at Burberry

We are dedicated to playing a positive role in society as a business. We recognise that our long-term success depends on our continued investment in the environmental sustainability of our operations, the resilience of our supply chains, championing our people and supporting the wellbeing of those in our supply chain.

Our strategy, Burberry Beyond, sets out our ambition across four priority areas: Product, Planet, People, and Communities. We report non-financial KPIs that help measure progress against our targets in our Annual Report.  

Read our Annual Report FY 2023/24 here. 


Targets


Product

  • 100% of key raw materials in our products to be certified and traceable by FY 2029/30
  • Continue to evolve our aftercare offer and trial new circular business models
  • Eliminate plastic packaging by FY 2025/26

Planet

  • Reach net zero greenhouse gas emissions across our value chain by FY 2039/40
  • Embed sustainable manufacturing processes across our supply chain
  • Protect nature

People

  • Support inclusion
  • Increase representation
  • Advance ethical trading in our supply chain
  • Extend wellbeing across our supply chain

Communities

  • Empower young people to create better futures
  • Increase volunteering opportunities for colleagues

Progress and reporting

We disclose our performance against our Burberry Beyond strategy’s targets and initiatives within our Annual Report. This is complemented by our Taskforce on Climate-related Financial Disclosures (TCFD) and our consolidated Responsibility Data Appendix. 

Key documents, data and reports are available on our Resource Hub here.


People

We champion our people and foster an inclusive culture. We respect and uphold human rights wherever we operate and are focused on enhancing the wellbeing of all workers in our supply chain.

We are proud to have been recognised as a Level 2 Star Employer by the 2024 Investing in Ethnicity Maturity Matrix and named a Top Performer for Women in Leadership for the seventh consecutive year by the 2025 FTSE Women Leaders Report.

Governance

The Board is collectively responsible for promoting Burberry’s long-term success, for setting its strategic aims and ensuring a framework of prudent and effective controls.  

Our Code of Conduct outlines the key policies, processes and behaviours we expect our colleagues and partners to adhere to, while following all local laws and regulations.


Recognition

In FY 2024/25, we were recognised for our achievements among the following ratings and indices.


FTSE4Good Index Series

Included in the FTSE4 Good Index Series with a ranking of 4.3 out of 5*.

CDP

Ranked by CDP in the Leadership band, receiving an A- 2024 Climate change score.

MSCI

Received an MSCI ESG rating of AAA for the sixth consecutive year in a row*.

Sustainalytics

Received an ESG Risk Rating of Negligible and was assessed by Sustainalytics to be first out of 192 companies in the textiles and apparel sector*.

Workforce Disclosure Initiative (WDI)

During the 2024 disclosure cycle, we received a score of 96%, ahead of the sector average of 65%.


 

 

UN's Sustainable Development Goals

Our ESG activity is aligned with the Paris Climate Agreement, the UN Global Compact and UN Guiding Principles on Business and Human Rights and informed by the SDGs. As part of the United Nations’ 2030 agenda, we are committed to focusing action on driving change via the global Sustainable Development Goals (SDGs). 

Find out how we are contributing to the UN's Sustainable Development Goals


Our Sustainability Bond

On 21 September 2020, Burberry issued a debut five-year sterling Sustainability Bond for £300 million at a coupon of 1.125%.

The categories of our Eligibility Criteria are as follows:

  • Green buildings
  • Environmentally sustainable management of living natural resources and land use
  • Pollution prevention and control (including waste prevention, waste reduction and waste recycling)

At that time, a commitment was made to publish a use of proceeds report within one year of the issuance of the bond and annually thereafter.

Download the Sustainability Bond - Use of Proceeds Report FY 2023/24 here

 

*FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that Burberry Group plc has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products. 

*The use by Burberry Group plc of any MSCI ESG research LLC or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of Burberry Group plc by MSCI. MSCI services and data are the property of MSCI or its information providers and are provided ‘as-is’ and without warranty.  MSCI names and logos are trademarks or service marks of MSCI.

*Copyright ©2022 Sustainalytics. All rights reserved. This section contains information developed by Sustainalytics (www.sustainalytics.com). Such information and data are proprietary of Sustainalytics and/or its third party suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers.

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