ASOS Plc

Climate Impact & Sustainability Data (2019-08-31 to 2021-08-31)

Renewable Energy Share:80%

Reduced operational emissions per order by approximately 45% since 2015/2016
Approximately 80% of electricity used by ASOS directly is powered by renewable energy
Achieved Level 3 (Maturing) status in Textile Exchange’s Material Change Index

Launched #StopAsianHate support hub
Partnership with British Paralympics Association
ASOS Foundation donation of £500,000 in FY 2020 and commitment of £1.2 million over 4 years to co-fund Yorkshire’s OnSide Youth Zone

Medium-term Goals:

Achieve net zero carbon emissions across its value chain by 2030
Ensure that 100% of ASOS Own Brand products and packaging are made from more sustainable or recycled materials by 2030
Increase capital expenditure to between £200 million and £250 million
Increase marketing spend to in excess of 6% of revenue

Short-term Goals:

Supply chain disruptions (increased administrative requirements at the UK-EU border, Suez Canal disruption, industry-wide supply chain pressures, increased shipping and delivery costs)
Disruptions to ASOS’ website and mobile app
Cybersecurity incidents and data breaches
Failure to accurately predict and respond to changes in customer demands
Competition in the e-commerce industry
Failure to attract and retain high-quality personnel
Fluctuations in exchange rates
Seasonal fluctuations in revenue
Increased product returns
Climate change related risks (physical and transition risks)

Investing in automation of fulfilment centres
Developing alternative sourcing strategies
Implementing security measures to protect data
Investing in data infrastructure and capabilities to improve the application of data science
Investing in marketing activities
Implementing the Flexible Fulfilment Programme
Hedging foreign exchange rate exposure
Implementing the 2030 “Fashion with Integrity” programme (net zero emissions, circular economy, transparency, diversity)

Climate Change Data