Driven by our purpose and values, our ambition is to do well by doing right.
By creating luxury products made to last, tackling the climate crisis and empowering our people and communities around the world, we can work together to secure a better future for our industry, our planet and generations to come.
Our latest responsibility strategy, Burberry Beyond, brings together everything we do across our Company, our supply chain and our communities to create a better world for the next generation. This outlines which initiatives we focus on and how we measure our progress.
Our Responsibility strategy was developed with the support of key stakeholders, to address the most material issues for our business, as well as the most pressing social and environmental needs along our value chain.
During FY 21/22, we undertook an ESG materiality assessment review to identify the most material risks and opportunities for the business. This included assessing environmental and social topics based on their importance to our stakeholders and their impact on Burberry, and determining which topics were most material for Burberry. We also reviewed the Group’s governance of ESG topics to ensure appropriate oversight of ESG risks and opportunities.
We have embedded Environmental and Social Responsibility into our governance and management structures.
The Board is responsible for ensuring its approach to sustainability is integrated into and implemented across the business, reflecting the importance of these topics to the Group and society as a whole.
The governance framework of committees oversee the implementation of our Environmental and Social Responsibility strategy and provide regular updates and key information to the Board.
These include:
For further information on our governance framework, please see the Corporate Governance page of our website.
Further details on these executive committees and their actions in FY 2022/23 can be found in our Task Force on Climate-related Financial Disclosures on page 94 of our Annual Report 2022/23.