Driven by our purpose and values, our ambition is to do well by doing right.
As an open and caring company, we are committed to behaving responsibly towards our planet, our people and the communities we impact, and we continue to embed sustainable practices across our Company.
Our 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. To ensure we continue to prioritise and act on our most material Environmental, Social and Governance (ESG) topics, we will regularly conduct double materiality assessments in line with upcoming regulations, such as the European Union’s Corporate Sustainability Reporting Directive (CSRD). Insights from this assessment will act as our guiding principles for complying with regulation requirements alongside any future strategy development.
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 2023/24 can be found in our Annual Report 2023/24
