Climate Change Data

Environmental Metrics

ESG Focus Areas

• Ethical Trading
• Environmental Sustainability
• Employee Well-being
• Health and Safety
• Community Investment

Environmental Achievements

• 39% carbon footprint reduction at the distribution center (saving 47 tonnes of CO2 each year)
• Landfill emissions from waste decreased by 30% despite business growth
• Committed to purchasing 100% of the Group’s UK electricity from renewable energy sources

Social Achievements

• Redefined ethical trading terms of engagement with suppliers
• Implemented an ongoing program to visit suppliers and discuss performance improvement against the Ethical Trading Code of Practice
• Introduced a confidential whistleblowing policy
• Donation of £25,000 to a local charity that helps young people develop their skills
• Donation of £25,000 to the Japanese Earthquake Disaster Fund
• Introduced specific training courses to develop leadership and management skills
• Trained 200 members of staff in health and safety
• Implemented an employee assistance program

Governance Achievements

• Board evaluation carried out to assess the performance of the Board, its Non-executive Directors and committees
• Regular meetings of the Board and its committees (Audit, Remuneration, Nomination)

Climate Goals & Targets

Environmental Challenges

• Changing fashion trends
• Unfavorable changes in currency exchanges
• Significant growth putting pressure on key resources
• Inability to effectively control and monitor suppliers’ compliance with labor laws
• Business interruption at distribution centers
• Loss of key factory or supplier
• Insufficient disaster recovery plans
• Loss of key individuals
• Breach of intellectual property and counterfeit product

Mitigation Strategies

• Designing new and innovative products, market research, visits to trade fairs
• Documented foreign exchange policy, forward foreign exchange contracts
• Continual review of strategic objectives, investment in infrastructure
• Ethical trading code of practice, supplier audits, improvement plans
• Investment in improvements to protect distribution centers
• Developing a broader supplier base, dual sourcing
• Investment in improving business protection and IT systems
• Senior management appointments
• Monitoring supply chain and global sales, taking action against unlicensed parties

Supply Chain Management

Supplier Audits: Majority of product supply base audited

Responsible Procurement

• Ethical Trading Code of Practice, based on the principles and conventions of the International Labour Organisation (ILO)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Ethical Trade Initiative base code

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Fashion industry's addiction to synthetic fibres produced from fossil fuels.
• Lack of transparency about the amount and source of synthetics in collections.
• Rampant greenwashing.
• Lack of systematic approach to addressing microplastic pollution.
• Lack of leadership to detox from fossil fashion.

Mitigation Strategies

• Increased use of recycled polyester from PET bottles (downcycling).
• Some brands are exploring fibre-to-fibre recycling technologies.
• Some brands are working to reduce overall synthetic fibre use.
• Some brands have joined industry initiatives to address microplastics.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Sustainability

Environmental Achievements

• 99% of single-use packaging was reusable, recyclable, or compostable.
• 38% reduction in absolute SBT-aligned emissions compared to FY20 baseline.
• 93% renewable energy used in stores, offices, and distribution partner sites.
• 62% of volume bought was classified as ‘Sustainably Sourced’

Social Achievements

• Launched a confidential, independent Employee Assistance Programme (EAP).
• Launched a compressed four-day working week for full-time Retail colleagues.
• Increased the percentage of workers enrolled in our Respect and Dignity training programme by 4%.

Governance Achievements

• Improved CDP rating from B to A.
• Reached the CDP ‘A List’ for climate disclosure.
• Ranked 15 out of 500 overall and topped the list of UK-based fashion companies in the Financial Times index of Europe Climate Leaders in 2023.

Climate Goals & Targets

Environmental Challenges

• Challenging trading environment and cost-of-living crisis.
• Delayed recovery of Wholesale business putting pressure on liquidity.
• Underperformance of Wholesale division, especially in mainland Europe.
• Significant pressure on liquidity.
• Slowdown in Retail trading in the second half of the year.
• Wholesale performance lagged own channel performance.
• Loss of some Wholesale partners due to cost-of-living crisis.

Mitigation Strategies

• Recapitalised the Company through a 20% equity raise and sale of Superdry brand rights in certain Asia Pacific territories.
• Reduced cost base.
• Introduced a new leadership team and a more cohesive approach with Wholesale customers.
• Returned to an agency model across Europe.
• Improved Ecommerce fulfillment operations and offered enhanced drop-shipment services.
• Identified initial cost savings of around £35m through estate optimisation, logistics and distribution savings, better procurement, and continued range reduction.
• Secured new loan facilities with Bantry Bay Capital and Hilco Capital Limited.

Supply Chain Management

Supplier Audits: 96% of Tier 1 factories ranked in line with or above social and environmental compliance.

Responsible Procurement

• Supplier Manual
• Ethical Trading Code of Practice
• Respect programme

Climate-Related Risks & Opportunities

Physical Risks

• Supply chain pressures from raw material shortages
• Decreased productivity from extreme weather events

Transition Risks

• Consumer demand volatility
• Regulatory changes
• Growing expectations for responsible conduct

Opportunities

• Enhanced reputation and brand value through sustainability initiatives
• Improved supply chain resilience
• Development of energy-efficient products

Reporting Standards

Frameworks Used: TCFD, CDP

Certifications: ISO 14064-3:2019

Third-party Assurance: Bureau Veritas

Sustainable Products & Innovation

• Products made from recycled materials
• Products made from organic cotton

Awards & Recognition

• CDP ‘A List’ for climate disclosure
• Financial Times Europe Climate Leaders

Environmental Metrics

ESG Focus Areas

• Low Impact Materials
• Moving Towards Net Zero
• Communicating With Integrity
• Respect - Equal Voice & Equal Treatment for All Workers

Environmental Achievements

• Reduced average emissions per garment by 17% (from 6.84 kg CO2e to 5.66 kg CO2e)
• Achieved 64% sustainably sourced products (volume bought), nearing the 2025 target of 65%
• Converted 82% of jacket padding, 77% of liners, and introduced recycled shells in outerwear
• 95% of swimwear range contains recycled materials
• SBTI approved net-zero targets for 2040 (Scopes 1-3)
• Achieved a 58% reduction in Scope 3 emissions (SBTI targeted)
• Reduced energy consumption per square meter in stores from 226.4 to 159.1
• Used 100% renewable electricity across global retail and office estate
• 941 MT of fabric donated or recycled
• Suppliers now use 100% recycled poly bags

Social Achievements

• Launched Respect & Dignity program in India and Turkey, reaching 36% of Tier 1 supply chain workers
• Donated 0.71 MT of clothing to Oxfam and 58 tonnes to Newlife
• 12,258 farmers participated in organic cotton conversion programs
• Increased workers actively engaged in respect and dignity training program

Governance Achievements

• Maintained CDP A- list ranking
• Ranked 9th in Financial Times European Climate Leaders table
• Public disclosure of supply base list to increase transparency
• Increased HIGG reporting data validation with supplier partners to 75%

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions
• Increased water usage due to organic cotton conversion
• Uncertainty of buying renewable gas in Europe
• Reducing returns from internet sales

Mitigation Strategies

• Developed alternative sourcing strategies
• Working with Higg to understand water usage in organic cotton conversion
• Focusing on decarbonisation plan for retail estate (electricity only for FY25 target)
• Ceased offering exchanges for customers to reduce back-and-forth for orders

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Respect & Dignity program
• Ethical Trading Initiative membership
• Code of Practice requirements
• Intensive Care Programme (ICP) for underperforming suppliers
• Public disclosure of Tier 1 factory list

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products
• Reduced carbon footprint through sustainable materials

Reporting Standards

Frameworks Used: SBTI, CDP, HIGG

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Recycled outerwear
• Recycled swimwear

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Water Stewardship
• Chemical Management
• Sustainable Materials
• Supply Chain Responsibility
• Worker Rights
• Packaging
• Renewable Energy
• Transparency and Accountability

Environmental Achievements

• 91% renewable energy used in stores, offices, and distribution centers
• 47% of bought garments contain organic, low-impact, or recycled materials
• Reduced airfreight to 2.1% of all inbound goods (61% year-on-year reduction)
• Saved up to 7.5 billion liters of water by sourcing organic and recycled cotton
• 98% of packaging is recyclable, reusable, or compostable
• 50.7 million recycled bottles used to produce outerwear fill, recycled sweats, and swimwear
• 455 tonnes of fabric recycled (23% of 2025 target)

Social Achievements

• Launched partnership with Oxfam for pre-loved clothing donations
• Respect and Dignity training program reached over 15,000 workers (22% of Tier 1 supply chain)
• Average coverage of social insurance in China increased to 74.8% (30% increase since 2020)
• 91% of Tier 1 factories ranked at or above the highest ratings of social and environmental compliance

Governance Achievements

• Improved CDP grade from B to A-
• Completed ASA’s Green Claims Code Guidelines workshops
• Sustainability KPIs included in senior management bonus scheme
• Published full Scope 3 carbon emissions report

Climate Goals & Targets

Environmental Challenges

• High water intensity of cotton production
• Hazardous chemical use in garment production
• Reducing carbon emissions across the supply chain
• Ensuring social insurance coverage in China
• Maintaining high social and environmental compliance in all factories

Mitigation Strategies

• Transitioning to organic and recycled cotton
• Joining ZDHC program and aiming for compliance by 2030
• Setting science-based targets for emissions reduction
• Working with Chinese factories to increase social insurance coverage
• Implementing Intensive Care Programme (ICP) to support underperforming factories

Supply Chain Management

Supplier Audits: 91% of Tier 1 factories ranked at or above highest ratings of social and environmental compliance

Responsible Procurement

• Superdry Code of Practice
• Respect and Dignity training program
• Intensive Care Programme (ICP)

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products and processes

Reporting Standards

Frameworks Used: GRI, CDP, Science Based Targets initiative (SBTi), Higg Index, UN Women’s Empowerment Principles, Advertising Standards Agency’s (ASA) Green Claims Code Guidelines, ZDHC

Certifications: ISO 50001 (in some factories)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Fully recycled hoodie and t-shirt collection
• Swimwear collection made with recycled materials

Awards & Recognition

• Not disclosed