Home » Corporate social responsibility » Corporate practices » United Kingdom: Boohoo aligns executive bonuses to CSR targets United Kingdom: Boohoo aligns executive bonuses to CSR targets Having been rocked by the scandal surrounding poor practices at its suppliers last year (see article n°12051), UK online clothing retailer Boohoo is looking to restore its image and 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. By . Published on 21 May 2021 à 12h34 - Update on 21 May 2021 à 12h34 Resources Boohoo, which employs some 2,000 people, revealed in the presentation of its annual report on 19 May that 15% of bonus pay to executives for the ongoing financial year will be calculated according to progress on the objectives set by the group’s Agenda for Change programme.… Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst nameLast nameOrganizationFunctionemail* Object of the messageYour messageRGPD J’accepte la politique de confidentialité.NameThis field is for validation purposes and should be left unchanged. Essentials Latest articles Longer careers: a new state of affairs for companies CSRD: social and environmental reporting market takes shape Analysis & Data Latest articles Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels
