Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Employees
• Community
• Governance

Environmental Achievements

• Submitted new multi-environmental issue questionnaire of CDP.
• Science Based Targets initiative (SBTi) approved Boozt’s near-term science-based emissions reduction targets: 55% reduction in absolute scope 1 and 2 GHG emissions by 2032 from 2022 base year; increase active annual sourcing of renewable electricity from 98.2% in 2022 to 100% by 2030; 88% of suppliers by spend covering purchased goods and services will have science-based targets by 2028.
• Onboarded 32% of its business volume in the apparel and footwear segment to complete the Higg BRM 2023. 23% of Boozt’s business volume shared their module, giving Boozt access to their supply chain data and ESG risks.

Social Achievements

• Maintained a high employee engagement level, with an aggregated employee survey participation rate of 90%.
• Launched a new social events calendar for fall.
• Initiated a mentorship program with 30 participants.
• First "Made With Care" photoshoot, challenging traditional sustainability imagery.

Governance Achievements

• Actively engaged with ISS ESG to improve the accuracy of the corporate rating.
• Shared 2023 data with the ESG database of the Nasdaq ESG Portal and certified as a ‘Nasdaq ESG Transparency Partner’.
• Launched the ESG Supplier Scorecard to its fashion segment (apparel and fashion). 119 brands completed the scorecard.
• Integrated sustainability risks into its annual internal control self-assessment process.
• Reached over 200 approved data files, bringing the total to over 1,050 files reviewed year-to-date for "Made With Care" shop.

Climate Goals & Targets

Environmental Challenges

• Decreased eNPS score to 42 (Q3 2023: 58) after reintroducing a five-day working week at the office.
• Need to ensure accurate and transparent environmental data for its "Made With Care" shop, including validating voluntary environmental claims and requiring social audits from high-risk production countries.

Mitigation Strategies

• Launched a new social events calendar to encourage socializing and networking.
• Engaging suppliers to ensure accurate and transparent environmental data, validating voluntary environmental claims and requiring social audits.

Supply Chain Management

Responsible Procurement

• Higg BRM 2023
• ESG Supplier Scorecard

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: CSRD, ESRS