Boohoo may link bonuses to ethical performance

The EAC produced the suggestion in a letter to the group following an evidence session in December 2020, attended virtually by Kamani and executives. The committee reported aligning government remuneration to ESG advancements would demonstrate a “genuine motivation to environmental and social responsibility”.

EAC chairman Philip Dunne reported: “Boohoo’s reaction to our committee’s letter sends promising alerts that we are achieving a turning level in rapid fashion’s recognition of its environmental and social obligations. It is welcome news that the board is taking into consideration aligning senior government bonuses with building ESG advancements, and I glimpse ahead to hearing regardless of whether this is remaining taken ahead.

“Bonuses should not just be joined to breakneck expansion. Boohoo requires to demonstrate that it is providing verifiable advancements in workers’ rights and the local climate impact of its goods.

“News previous summer emanating from Leicester’s garment business appalled us all, with allegations of fashionable slavery in provide chains and a deficiency of Covid-protected steps in factories. This spotlight on Leicester might have inspired Boohoo to take actions to thoroughly clean up its provide chain.

“As soon as the publicity dies down, I hope these modifications keep on being in location for several years to appear with a renewed pleasure in ‘Made in Britain’ objects and certainty on enhanced workers’ rights.”

The EAC’s evidence session on Repairing Fashion will be held on 28 April, wherever it will be taking into consideration the government’s new Textiles 2030 initiative.

Boohoo Group confirmed the letter, but declined to comment.