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. The stakeholders play a major role in the materiality analysis, for example, to jointly determine which sustainability topics should be the focus of HUGO BOSS.
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.