The international Stakeholder Dialog of HUGO BOSS gives interest groups and organizations an opportunity to present their perspective of the company’s sustainability work and speak directly with the persons responsible at HUGO BOSS. In the past years, some 20 external stakeholders took part at each event, along with internal experts from different departments at the company.
These talks are a major cornerstone of strategic sustainability management at HUGO BOSS. We take the opinions of our stakeholders very seriously. In the past, the stakeholder dialogues have given impetus to important issues. For example, the exchange is used to reposition the company's strategic focus and to reflect the results of the materiality analysis, among other things.
In keeping with the motto "New times – new rules? Successful stakeholder dialog in times of crisis", the fifth HUGO BOSS Stakeholder Dialog took place in 2020. In this year, participants from NGOs, companies and from the worlds of science and finance met virtually for the first time. Together with our stakeholders, we discussed the challenges facing the fashion industry, particularly in light of the pandemic. In recent months, the COVID-19 pandemic and its effects on global supply chains have affected everyone involved and have led to intense discussions. That is why the event focused on dialog and how to conduct it successfully.