Boohoo Group PLC 2024 AR2
The report outlines boohoo group plc's financial and sustainability performance for the fiscal year ended February 29, 2024. Despite a challenging macroeconomic environment with a 17% decline in revenue, the company focused on cost-saving initiatives, achieving over £125 million in annualised savings. Key strategic milestones included completing the Sheffield warehouse automation and launching a US distribution centre. On the sustainability front, boohoo refreshed its UP.FRONT strategy, reporting a 34% decrease in its market-based carbon footprint (Scope 1, 2, and 3) primarily due to reduced material purchases and goods sold. The group also expanded its partnership with CottonConnect and increased its use of Better Cotton.
Company: Boohoo Group PLC
Sector: Consumer Discretionary
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 93
Boohoo Group PLC
Annual Report And Financial Statements
The report outlines boohoo group plc's financial and sustainability performance for the fiscal year ended February 29, 2024. Despite a challenging macroeconomic environment with a 17% decline in revenue, the company focused on cost-saving initiatives, achieving over £125 million in annualised savings. Key strategic milestones included completing the Sheffield warehouse automation and launching a US distribution centre. On the sustainability front, boohoo refreshed its UP.FRONT strategy, reporting a 34% decrease in its market-based carbon footprint (Scope 1, 2, and 3) primarily due to reduced material purchases and goods sold. The group also expanded its partnership with CottonConnect and increased its use of Better Cotton.
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Document Details
Report Year
2024
Reporting Period
Mar 1, 2023 - Feb 29, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Women in Management
Employees