Along the entire value chain at HUGO BOSS, important natural resources are used, along with chemical and energy inputs – from the extraction of raw materials and production to shipment of finished products. This has an impact on climate change, the quality of ecosystems and biodiversity, as well as and human health, among other factors.
To live up to our responsibility, it is important to know about these impacts in detail. Fact-based knowledge is needed to set strategic priorities, make well-founded decisions, and develop sensible, sustainable innovations.
That’s why HUGO BOSS has conducted life cycle assessments since 2009, to examine the environmental impacts of the individual product categories. Findings by partners and scientific studies are also included to support and validate the study. But environmental impacts – such as water consumption, land requirements, and CO2 emissions, for example – are not directly comparable, because they are measured in different units such as kilograms and liters. A further intermediate step is needed to render the different environmental impacts comparable. This is why HUGO BOSS began using the Natural Capital Protocol by the Capitals Coalition in 2016. It renders the results comparable by translating them into standardized monetary values.
In short, the natural capital evaluation identifies the steps in the value chain that cause the greatest environmental impacts. These findings form the foundation for HUGO BOSS to implement targeted measures to achieve more environmentally-friendly production and distribution of its products.