To define a structure for the analysis, the value chain was divided into four stages
HUGO BOSS identified potentially relevant sustainability topics at each of these stages, taking the requirements of internationally recognized sustainability standards and ratings into account.
In the further course of the analysis, HUGO BOSS analyzed the 21 individual aspects with regard to three categories:
As such, the materiality analysis satisfies the requirements of both the Global Reporting Initiative (GRI) and the CSR Guidelines Implementation Act (CSR-RUG). The results of the analysis are incorporated into the company’s ongoing strategic work. The individual fields of action implement the insights in their practice.
The results of the materiality analysis were approved by the managing board within the Sustainability Committee.
The clusters were summarized in a materiality matrix according to their importance to stakeholders and the company’s impact. When the business relevance is also taken into account, this approach identifies the topics that are especially material to the sustainability strategy.
Among the most important topics:
Further information on the most important topics can be found on the subpages of the website.