Sustainability
Sustainability Strategy
HUGO BOSS is committed to protecting the planet and ensuring a viable future for tomorrow’s generations. We want to make a meaningful difference. In line with our bold commitment to strongly support creating a planet free of waste and pollution, we introduced our new Sustainability Strategy “For A Bold & Better Future” in 2023, focusing on five key pillars.
ESG RATINGS & RANKINGS
Our strong commitment to sustainability is regularly acknowledged and rewarded by various renowned ESG ratings and rankings. This reinforces our dedication to responsible business practices and our ongoing efforts to have a positive impact on the environment and society. With our approach of following transparent reporting and sustainable business practices, we remain committed to continuing to lead the way in our industry, in line with our bold mission statement “We Love Fashion, We Change Fashion.”
KEY ESG RATINGS AND RANKINGS
| Elaboration | Score | |
|---|---|---|
Dow Jones Sustainability Index | With 87 points in the 2023 Corporate Sustainability Assessment (CSA), HUGO BOSS was included in the Dow Jones Sustainability Index (DJSI) World for the 7th consecutive year, taking second place in the industry. | 87 |
CDP | In 2023, HUGO BOSS was rewarded with a B by CDP for its overall climate action, scoring an A for the climate targets and Scope 1 & 2 emissions. | B |
| MSCI | HUGO BOSS achieved an AA score in the 2023 MSCI assessment, revealing over-industry average practices regarding product carbon footprint, raw material sourcing, and governance. | AA |
| ISS ESG | ISS ESG assessed the HUGO BOSS’ overall ESG performance with B- (Prime), therefore exceeding the sector specific threshold. | B- |
| Sustainalytics | In 2024, HUGO BOSS was assessed with a score of 13.0, signifying that the Company is exposed to a low ESG risk and applies good management practices. | 13 |
| Bloomberg | HUGO BOSS was rewarded with a 6.24 (Leading) ESG score, accompanied by a high transparency disclosure. | 6.24 |
SUSTAINABILITY REPORT
Our annual sustainability report provides detailed information about our sustainability strategy, and our numerous measures and progress towards achieving our ambitious targets. The report showcases our ongoing commitment to sustainability and our efforts to make a positive impact on the climate, the environment, and society.
Our Annual Report covers a broad range of material ESG topics as part of the Combined Non-Financial Statement.
