U.K. Boohoo aligns executive bonuses to CSR targets

Publication

28 May 2021 à 09h55

Updated on 21 October 2022 à 21h32

Reading time

3 minutes

Publication: 28 May 2021 à 09h55, Updated on 21 October 2022 à 21h32

Reading time: 3 minutes

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Having been rocked by the scandal surrounding poor practices at its suppliers last year, UK online fashion retailer Boohoo is looking to restore its image. It has decided for the first time, under pressure from its shareholders as well as members of parliament, to calculate the bonuses pocketed by its executives on the basis of progress made on environmental, social and governance issues.
Publication

28 May 2021 à 09h55

Updated on 21 October 2022 à 21h32

Reading time

3 minutes

Publication: 28 May 2021 à 09h55, Updated on 21 October 2022 à 21h32

Reading time: 3 minutes

Share
Copy link Share on LinkedIn Share on Bluesky Share on Facebook Share on WhatsApp
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Having been rocked by the scandal surrounding poor practices at its suppliers last year, UK online fashion retailer Boohoo is looking to restore its image. It has decided for the first time, under pressure from its shareholders as well as members of parliament, to calculate the bonuses pocketed by its executives on the basis of progress made on environmental, social and governance issues.

The scheme requires the company to improve working conditions at the factories of suppliers. It also...

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