Burberry: Enhancing Investor Engagement
Burberry is a British luxury fashion house with stores in 59 countries worldwide. In 2017, they introduced sustainability targets to 2022, with Burberry’s Remuneration Committee introducing a restricted share plan in 2020, that included ‘progress on fulfilling longer term sustainability objectives’.
This case study demonstrates how reporting, particularly disclosing climate-related risks and opportunities in line with the recommendation of the Task Force on Climate-related Financial Disclosures (TCFD) has helped meet investor need, as well as new ways to engage investors, such as use of the sustainable bond market. By linking their sustainability strategy to both financial incentive and funding requirements, they have been able to embed ESG principles into their business.