Despite the turbulent times the world has been facing, HUGO BOSS has reached important milestones in its sustainability strategy in 2021 and has set itself ambitious new targets. One key component is our commitment to climate protection. Its common ambition, along with other signatories of the Fashion Industry Charter for Climate Action, is to achieve “net zero” greenhouse gas emissions by 2050. For our own area of influence, for example, we have set ourselves the goal of using only electricity from renewable energy sources by 2030. Today, almost 60% of the electricity consumed within the group already comes from renewable energy sources, including energy that is generated by its own photovoltaic systems. In addition, its product range is becoming even more sustainable. We aim to double the share of RESPONSIBLE Styles in our collections to 60% by 2025. These contain at least 60% raw materials that are more sustainable and are manufactured in accordance with stringent environmental and social standards.
In addition, its products are set to become even more durable and recyclable and easier to reuse and repair. It aims to enable eight out of ten products to be part of the circular economy by 2030. A further selection of important targets:
Use of 100% sustainably sourced cotton by 2025 (2021: 79%) Sourcing of all goods from finished goods suppliers who achieved a result of “satisfying” or better in the last social audit by 2025 (2021: 99%). Reduction of energy consumption in relation to area by 20% by 2030 in comparison to 2018 (2021: 18% reduction) Share of at least 40% of women in the first management level below the Managing Board (top management) by 2025 (2021: 29%) Reaching 2,100 women from a weak economic background with a training to re-enter the workforce at the Izmir location (‘Open Doors for Women’) by 2025 (2021: 1,625)
Further information on its commitment can be found in the Sustainability Report. Source