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

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Boohoo Group PLC

Boohoo Group PLC 2024 Annual Report and Financial Statements

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