Hugo Boss AG 2024 AR2
The report highlights HUGO BOSS's performance and sustainability progress in fiscal year 2024, during which the company generated EUR 4.3 billion in sales. Under its 'CLAIM 5' strategy, the company advanced its sustainability initiatives, achieving a 33% share of circular apparel products and sourcing 100% of its cotton sustainably. HUGO BOSS reduced its Scope 1 and 2 emissions by 12% compared to 2023, although total emissions increased by 13% due to higher production volumes. The company also expanded its employee share investment program to 25 countries and launched a hyper-personalized loyalty program, HUGO BOSS XP, to enhance customer engagement.
Company: Hugo Boss AG
Sector: Manufacturing
Country: Germany
Year: 2024
Type: AR2
Pages: 149
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Hugo Boss AG
Annual Report
The report highlights HUGO BOSS's performance and sustainability progress in fiscal year 2024, during which the company generated EUR 4.3 billion in sales. Under its 'CLAIM 5' strategy, the company advanced its sustainability initiatives, achieving a 33% share of circular apparel products and sourcing 100% of its cotton sustainably. HUGO BOSS reduced its Scope 1 and 2 emissions by 12% compared to 2023, although total emissions increased by 13% due to higher production volumes. The company also expanded its employee share investment program to 25 countries and launched a hyper-personalized loyalty program, HUGO BOSS XP, to enhance customer engagement.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Women in Management
Net Zero Target
Employees