HUGO BOSS strives to conduct an open, constructive dialog with stakeholders. The company has countless touch points with a variety of individuals and interest groups that are affected by the company’s decisions along the entire value chain – including employees, customers and business partners, shareholders, and investors, as well as non-governmental organizations and representatives from civil society, business, academia, and politics (see the stakeholder matrix).
Discussing challenges and potential solutions together with these stakeholders is both a responsibility and an opportunity for HUGO BOSS. These discussions can generate additional value – not only for the company, but also for society at large.
HUGO BOSS also relies on dialog with its stakeholders for the evolution and execution of its sustainability strategy. They played a major role in the materiality analysis, for example.
The dialog with existing partners is broadened continually – with scientific institutions, animal welfare organizations, consumer protection groups, and other NGOs. HUGO BOSS also continues to expand its involvement in external collaborations for the same reason.
HUGO BOSS actively promotes dialog between its employees and the Managing Board. The dialog is conducted at a variety of events, including strategically important topics. Different types of events for employees convey a deeper understanding of sustainability topics within the company to employees. At these events, internal and external experts, as well as HUGO BOSS suppliers, report on their sustainability activities and answer questions from the participants.
With its regular Supplier Days, HUGO BOSS has established an event format for strategic suppliers. Their commercial relations with HUGO BOSS – some of them long-standing – are intensified further during the Supplier Days: Here, they find out about important targets and measures by HUGO BOSS, internal and external speakers present important topics, and the partnerships are strengthened through open, cooperative exchange regarding current challenges.
At the production site in Izmir (Turkey), HUGO BOSS organizes the “Operational Excellence Day” (abbreviated “OPEX Day”). With this event, we offer companies from different industries, NGOs, academies and education representatives a platform for open exchange on business trends as well as trends in the field of innovation and sustainability. The event was last held in 2023.