Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Ethical Sourcing
• Plastic Reduction
• Transparency

Environmental Achievements

• 78% of brands use either reusable or bio-sourced plastic and packaging. Target is 100% for 2025.
• 100% of Skinny Tan aerosols now use PCR and 100% recyclable shrink wrap.
• 100% of Super Facialist Men tubes are now fully PCR and feature in-mould labelling technology.
• Skinny Tan reconfigured shipping packs, reducing corrugated board use.
• Fish Sea Salt Spray introduces Prevented Ocean Plastic (POP™).

Social Achievements

• Continued implementation of strategy to invest and support brands that engender strong consumer loyalty and deliver stronger margins.
• Streamlined Board composition, reducing the number of Non-Executive Directors.
• Improved employee engagement through town hall meetings, company events, newsletters, performance development reviews, personal development plans, and employee surveys.
• Move to a hybrid office working culture.

Governance Achievements

• Resolved legal dispute with Jamie Stevens Media Limited.
• Agreed to purchase JSML’s 49% shareholding in Mr Haircare Ltd.
• Implemented bi-annual presentations to retail investors online.

Climate Goals & Targets

Environmental Challenges

• Challenging trading conditions in UK channels.
• Softening of the direct-to-consumer (DTC) market.
• Rampant inflation and high interest rates.
• Cost-of-living crisis affecting consumer appetite for masstige products.
• Talent retention.
• Acquisition integration.
• Consumer and customer trends.
• Product quality, regulations and compliance.
• Cost inflation.
• Cyber security.
• Pension fund deficit.

Mitigation Strategies

• Better targeted advertising & promotions.
• Reduced Skinny Tan Mousse and Whip retail prices.
• Investment in profitable brand awareness digital campaigns and customer acquisition initiatives.
• Competitive remuneration for key personnel.
• Personal Development Plans and Performance Development Reviews.
• Hybrid way of working and office culture.
• Board approved functional integration project.
• Regular reviews of EPOS and market dashboards.
• New product development process incorporating product quality and compliance verification.
• Strong, long-term relationships with major suppliers.
• Negotiating higher rates with retail customers to offset increased costs.
• Investment in software, policies, procedures, and training.
• Supplier review including cyber security review.
• Cyber insurance.
• Fund deficit recovery plan.

Supply Chain Management

Responsible Procurement

• Ethical sourcing
• Collaboration with like-minded partners

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Super Facialist Clear Skin
• Skinny Tan Wonder Serum
• The Solution Menopause range
• Fish Sea Salt Spray (using Prevented Ocean Plastic)

Awards & Recognition

• Cosmopolitan naming Skinny Tan Self-Tanning Whip ‘Best Fake Tan 2023’

Environmental Metrics

ESG Focus Areas

• Sustainability
• Ethical Sourcing
• Plastic Reduction
• Recyclability

Environmental Achievements

• 99% of single products are fully recyclable or reusable
• 60% of plastic packaging includes post-consumer recycled (PCR) materials (90% for tubes)
• 100% of UK-sourced cartons have Forest Stewardship Council (FSC) certification
• Using Prevented Ocean Plastic™ in Super Facialist, Dirty Works, and Fish

Social Achievements

• Launched The Solution Menopause range, addressing a traditionally taboo topic
• Partnership with GenM to promote menopause awareness
• Improved database engagement for Skinny Tan (32% to 81%)
• Focus on employee wellbeing through hybrid work and training programs

Governance Achievements

• Adoption of the QCA’s Corporate Governance Code
• Annual strategy review and risk assessment
• Regular engagement with shareholders and employees
• Ethical policy and Group Handbook implemented

Climate Goals & Targets

Environmental Challenges

• Challenging trading conditions in the UK due to cost-of-living crisis and wet weather
• Decline in premium self-tan category affecting Skinny Tan sales
• Softening in Dirty Works sales in TJ Maxx
• Over-reliance on non-strategic sales channels
• Cost inflation in supply chain

Mitigation Strategies

• Planned brand rationalisation programme
• Improved targeted advertising and promotions
• Cost control measures (reduced staff costs and overheads)
• Launch of Skinny Tan Body Glow (gradual tanner)
• Focus on improving profitability and ROAS in DTC channels
• Negotiating higher rates with retail customers to offset increased costs
• Investing in brand awareness campaigns for Skinny Tan and Super Facialist

Supply Chain Management

Responsible Procurement

• Ethical sourcing with trusted suppliers
• Collaboration with suppliers to minimize environmental impact

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Super Facialist Vegan Collagen line
• Super Facialist Sleep Smart Night Moisturisers
• Skinny Tan Body Glow
• The Solution Menopause range