Burberry Group PLC 2024 AR2
The report outlines Burberry's strategic progress and financial performance for the fiscal year 2023/24, highlighting its transition to a modern British luxury brand. Despite a challenging global slowdown in luxury demand, the company advanced its 'Burberry Beyond' sustainability strategy, achieving a 45.9% reduction in Scope 3 emissions from a FY 2018/19 baseline. Additionally, Burberry successfully eliminated plastic from its consumer packaging and ensured that 55% of its key raw materials were certified or responsibly sourced. The company also expanded its circular business models, including aftercare services and resale partnerships, while continuing its commitment to reach net-zero emissions by 2040.
Company: Burberry Group PLC
Sector: Consumer Discretionary
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 227
Burberry Group PLC
Annual Report
The report outlines Burberry's strategic progress and financial performance for the fiscal year 2023/24, highlighting its transition to a modern British luxury brand. Despite a challenging global slowdown in luxury demand, the company advanced its 'Burberry Beyond' sustainability strategy, achieving a 45.9% reduction in Scope 3 emissions from a FY 2018/19 baseline. Additionally, Burberry successfully eliminated plastic from its consumer packaging and ensured that 55% of its key raw materials were certified or responsibly sourced. The company also expanded its circular business models, including aftercare services and resale partnerships, while continuing its commitment to reach net-zero emissions by 2040.
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Document Details
Report Year
2024
Reporting Period
Apr 2, 2023 - Mar 30, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Net Zero Target
Employees