HUGO BOSS publishes 2015 Sustainability Report
- Reporting compliant with GRI G4 guidelines
- Results of materiality assessment being presented
- Clarity on sustainability targets until 2020
Metzingen, May 23, 2016. HUGO BOSS AG has published its third sustainability
report. In this, the Group presents its extensive sustainability program, its
sustainability goals up to and including 2020, and their current status of
implementation. Beyond this, the report comprehensively documents the actions
taken and progress achieved during the past business year. HUGO BOSS has based
its reporting on the revised G4 guidelines issued by the Global Reporting Initiative
(GRI). With the expanded range of information covered, the Group is increasing its
transparency on central sustainability issues for a range of stakeholder groups.
"Our sustainability management program lays the foundations for the long-term
success of HUGO BOSS while simultaneously satisfying public interest in greater
transparency and responsibility," explains Mark Langer, CEO of HUGO BOSS AG.
The core topics of sustainability management in the respective areas are:
1. Materiality analysis: As a core element of its program, HUGO BOSS
conducted a comprehensive materiality analysis during 2015, defining the
specific requirements of external and internal stakeholders in the process.
The Group will be intensifying the dialog on this issue during 2016.
2. Environmental guidelines: In 2015, HUGO BOSS approved a set of
environmental guidelines that defines the principles of environmental
protection as they apply for all relevant sections of the Group and its partners.
Beyond this, the Group has been cooperating with the International Union for
Conservation of Nature (IUCN) since 2014 and became official partner to the
Natural Capital Coalition (NCC) in 2015.
3. Animal welfare and species protection: The Company has classified animal
welfare and species protection as one of its core principles of product
responsibility. Farmed fur and exotic leathers have long only featured
sporadically in the collections of HUGO BOSS. Since 2016 they have been
excluded completely.
4. Improved working conditions: HUGO BOSS is taking various steps to
continuously improve working conditions in its supply chain. To this end it has
also become a member of the Partnership for Sustainable Textiles.
Furthermore, the Group promotes the development of shared standards for
the industry in conjunction with other companies and NGOs.
5. Corporate Citizenship Strategy: The Group also restructured its social
commitment in 2015 and incorporated existing projects supported in the area
of education into a global Corporate Citizenship Strategy. The main focuses
are "access to education," "professional training" and "fostering creativity." As
such, the HUGO BOSS strategy is aligned with the sustainable development
goals of the United Nations'.
Further details of the Group's initiatives can be found in the Sustainability Report:
group.hugoboss.com/files/user_upload/Nachhaltigkeit/Nachhaltigkeitsbericht/S
ustainability_Report_2015.pdf
Further information on HUGO BOSS can be found at group.hugoboss.com.
If you have any questions, please contact:
Dr. Hjördis Kettenbach
Head of Corporate Communication
Phone: +49 7123 94-83375
Fax: +49 7123 94-80237
Dennis Weber
Head of Investor Relations
Phone: +49 7123 94-86267
Fax: +49 7123 94-886267