Boohoo Group publishes its international factory list, meeting its transparency pledge

Boohoo Group plc (LON:BOO) has announced the publication of its international factory list, meeting its transparency pledge to publish it within twelve months of the Independent Review produced by Alison Levitt QC (the “Independent Review”). The international factory list details around 1,100 factories following an extensive period of mapping and auditing which initially began in 2020.

The 17 recommendations from the Independent Review were broken down into 34 deliverables as part of the Agenda for Change. To date the programme has completed 28 of these items, which are governed by a KPMG review cycle. The remainder are expected to be completed in the coming months.

Sir Brian Leveson PC, who is providing independent oversight of the Agenda for Change programme, has submitted his fourth report to the Board and, in line with the Group’s ongoing commitment to transparency, this has today been published on the Group’s website. Sir Brian acknowledges the progress that has been made in relation to both the Independent Review and also the wider ethical programme upon which the Group has embarked, embedding the Agenda for Change into business as usual. 

Sir Brian states: “I continue to applaud the enthusiasm that all at boohoo have demonstrated for the Agenda for Change Programme and chart the very real progress that has been made in relation both to the recommendations set out in the Review and also the wider ethical programme upon which the Group has embarked. It marks the movement of A4C into business as usual which is not, of course, the beginning of the end of the process, but merely the end of the beginning.”

The Group has also announced that it intends to sign the International Accord for Health and Safety. The legally binding agreement is a replacement for the Bangladesh Accord which has delivered significant improvements to working conditions for garment workers in the country.

John Lyttle, Group CEO, commented:

“The Agenda for Change programme was designed to ensure that the changes we made to our business are sustainable and embedded into our culture as we look to the future. The dedication of our teams to delivering real change has meant we have been able to achieve the challenging targets we set ourselves and I’d like to thank everyone who has been involved in this, both inside boohoo group and all of the external partners we have worked with, for their commitment.”

Click to view all articles for the EPIC: ,
Or click to view the full company profile:
    Facebook
    Twitter
    LinkedIn
    boohoo Plc

    More articles like this

    Fintel plc

    Fintel core revenue growth is higher than Zeus forecast

    Fintel plc (LON:FNTL), the leading provider of Fintech and support services to the UK retail financial services sector, has released a trading update for the six months to 30 June 2022, which reveals: Core revenue grew

    OnTheMarket Plc

    OnTheMarket analyst Zeus confident in forecasts

    Foxtons, one of London’s leading estate agencies with more than 50 interconnected branches across London, has signed an agreement to advertise its UK residential sales and letting properties at OnTheMarket plc (LON:OTMP). Zeus view: Foxtons, the

    SpaceandPeople analyst Zeus restores estimates and valuation

    SpaceandPeople plc (LON:SAL) secures, sells, and manages flexible space for brand experiences, short term promotions and retailing in high footfall venues for its customers, including in shopping centres and travel hubs. The Group has issued a

    Lookers Plc

    Lookers shares are still undervalued says Zeus

    Lookers plc (LON:LOOK) has released an H1 trading update reporting a continuation of strong performance year to date. H1 2022 underlying PBT is expected to be c. £45m and Management anticipate full year PBT will also

    Inchcape

    Inchcape performance exceeding expectations says Zeus

    Inchcape plc (LON:INCH) has released another positive trading update, with performance exceeding expectations so far this year. This follows on from a positive Q1 update on 28 April. Through quarterly improvement in Distribution volumes and operating

    boohoo Plc

    Boohoo Group analyst Zeus sees a strong performance in Q1

    ¨ Q1 financial highlights: Boohoo Group plc (LON:BOO) revenue of £445.7m is -8.3% YOY vs. a strong comp (Q1 FY22 revenue +32.1%), in line with Zeus’s forecast and management’s previously stated guidance. Gross sales growth remained