We are dedicated to playing a positive role in society as a business. We recognise that our long-term success depends on our continued investment in the environmental sustainability of our operations, the resilience of our supply chains, championing our people and supporting the wellbeing of those in our supply chain.
Our strategy, Burberry Beyond, sets out our ambition across four priority areas: Product, Planet, People, and Communities. We report non-financial KPIs that help measure progress against our targets in our Annual Report.
We disclose our performance against our Burberry Beyond strategy’s targets and initiatives within our Annual Report. This is complemented by our Taskforce on Climate-related Financial Disclosures (TCFD) and our consolidated Responsibility Data Appendix.
Sustainability reports are available on our Resource Hub here.
In FY 2023/24, we were recognised for our achievements among top global ESG ratings and indices.
FTSE4Good Index Series
Included in the FTSE4 Good Index Series with a ranking of 4.3 out of 5*.
CDP
Ranked by CDP in the Leadership band, receiving an A- 2024 Climate change score.
MSCI
Received an MSCI ESG rating of AAA for the sixth consecutive year in a row*.
Sustainalytics
Received an ESG Risk Rating of Negligible and was assessed by Sustainalytics to be first out of 192 companies in the textiles and apparel sector*.
Workforce Disclosure Initiative (WDI)
During the 2024 disclosure cycle, we received a score of 96%, ahead of the sector average of 65%.
Our ESG activity is aligned with the Paris Climate Agreement, the UN Global Compact and UN Guiding Principles on Business and Human Rights and informed by the SDGs. As part of the United Nations’ 2030 agenda, we are committed to focusing action on driving change via the global Sustainable Development Goals (SDGs).
Find out how we are contributing to the UN's Sustainable Development Goals
On 21 September 2020, Burberry issued a debut five-year sterling Sustainability Bond for £300 million at a coupon of 1.125%.
The categories of our Eligibility Criteria are as follows:
At that time, a commitment was made to publish a use of proceeds report within one year of the issuance of the bond and annually thereafter.
Download the Sustainability Bond - Use of Proceeds Report FY 2023/24 here.
*FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that Burberry Group plc has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.
*The use by Burberry Group plc of any MSCI ESG research LLC or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of Burberry Group plc by MSCI. MSCI services and data are the property of MSCI or its information providers and are provided ‘as-is’ and without warranty. MSCI names and logos are trademarks or service marks of MSCI.
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