Burberry Is Now The Leading Luxury Brand In The 2018 Dow Jones Sustainability Index
Burberry is the leading luxury brand in the 2018 Dow Jones Sustainability Index (DJSI), and has been included for the fourth consecutive year in the ‘Textiles, Apparel & Luxury Goods’ sector.
Burberry’s score reflects its commitment to drive positive change, as well as its early progress towards its responsibility goals to 2022, which were launched in 2017.
The index is a trusted benchmark for investors who integrate sustainability considerations into their decision-making and investments. It is a significant global metric, evaluating economic, environmental and social factors.
Burberry is also a constituent of the FTSE4Good Index and the MSCI World ESG Leaders Index, participant in the Carbon Disclosure Project (CDP), signatory of the UN Global Compact, member of the Ethical Trading Initiative, Principal Partner of the Living Wage Foundation and a core partner of the Ellen MacArthur Foundation’s Make Fashion Circular initiative.
Last year, Burberry launched its new responsibility agenda, “Creating Tomorrow’s Heritage”, focusing on three ambitious goals that cover the entire footprint of Burberry’s operations:
Invent new approaches to revaluing waste, whilst becoming carbon neutral in its own operations.
As part of this, Burberry has launched a five-year partnership with sustainable luxury company Elvis & Kresse to transform 120 tonnes of leather offcuts into new products. Burberry also has ongoing partnerships in the UK and Italy to recycle textiles. Burberry procured 48% of its total energy (including 56% of its electricity) from renewable sources in 2017/18, an increase of 24% from the previous year. Burberry is also a member of RE100 to drive demand for low carbon power.
Burberry recently announced that it will stop the practice of destroying unsaleable products, a commitment which is supported by its business strategy to tackle the causes of waste