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Boohoo Group PLC, commonly known as Boohoo, is a leading online fashion retailer headquartered in Manchester, GB. Founded in 2006, the company has rapidly established itself within the fast fashion industry, catering primarily to young, trend-conscious consumers. With a focus on affordable clothing, Boohoo offers a diverse range of products, including dresses, activewear, and accessories, all designed to reflect the latest fashion trends.
Boohoo's unique selling proposition lies in its ability to deliver new styles at an impressive speed, often launching new collections multiple times a week. The brand has achieved significant market presence, particularly in the UK and the US, and is recognised for its commitment to inclusivity and diversity in fashion. Notable milestones include its expansion into various international markets and the acquisition of other fashion brands, solidifying its position as a key player in the global online retail landscape.
+19 vs industry average
Boohoo’s score of 53 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Apparel Production has typical carbon intensity
The Apparel Production industry has reduced its overall emissions by 24% since 2018
Scope 3 accounts for ••• of total emissions.
In 2023, Boohoo Group PLC reported total carbon emissions of approximately 514.9 million kg CO2e. This figure includes Scope 1 emissions of about 38,000 kg CO2e and a significant portion of Scope 3 emissions, which total approximately 514.9 million kg CO2e. The company has set ambitious climate commitments, aiming for a 42% absolute reduction in Scope 1 and 2 greenhouse gas emissions by 2030, based on a 2020 baseline. Additionally, Boohoo is targeting a 52% reduction in Scope 3 emissions per unit of value added over the same timeframe.
Boohoo's climate strategy includes a commitment to source 100% renewable electricity through 2030, aligning with Science-Based Targets Initiative (SBTi) standards. The company is also developing a roadmap to achieve net-zero emissions by 2050. These initiatives reflect Boohoo's dedication to reducing its carbon footprint and addressing climate change effectively.
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2030
42% reduction in Scope 1
Debenhams Group commits to reduce absolute scope 1 GHG emissions 42% by 2030 from a 2020 base year.
2030
52% reduction in scope 3 total
Debenhams Group commits to reduce scope 3 GHG emissions 52% per unit of value added over the same timeframe.
2030
42% reduction in Scope 2
Debenhams Group commits to reduce absolute scope 2 GHG emissions 42% by 2030 from a 2020 base year.
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Common questions about Boohoo’s sustainability data and climate commitments
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