Boohoo
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.
DitchCarbon Score
How does Boohoo's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Apparel Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Boohoo's score of 53 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Boohoo's reported carbon emissions
In 2023, Boohoo Group PLC reported total carbon emissions of approximately 514,955,000 kg CO2e, with emissions from Scope 1 at about 38,000 kg CO2e and significant contributions from Scope 3 emissions, particularly from purchased goods and services (about 331,687,000 kg CO2e) and use of sold products (approximately 94,174,000 kg CO2e). This represents a decrease from 2022, where total emissions in Great Britain were about 779,849,000 kg CO2e. Boohoo 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, the company targets a 52% reduction in Scope 3 emissions per unit of value added over the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and reflect Boohoo's commitment to sustainability and responsible growth. The company is also focused on achieving a carbon reduction across its value chain, with a goal of sourcing 100% renewable electricity through 2030. Boohoo's near-term targets include a 4.2% annual reduction in operational emissions and a 7% reduction in value chain emissions relative to growth, set to be achieved by 2025. Overall, Boohoo's climate strategy demonstrates a proactive approach to reducing its carbon footprint while addressing the challenges of the fast fashion industry.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 289,000 | 000,000 | 000,000 |
| Scope 2 | - | - | - |
| Scope 3 | 748,444,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Boohoo is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
