LONDON – The chairman of UK online fast fashion retailer Boohoo has told the government’s Environmental Audit Committee (EAC) his company is looking into whether it can link senior executive remuneration incentives to Environmental Social and Governance (ESG) improvements.
The EAC recommended the move following an evidence session in December, attended virtually by Boohoo chairman Mahmud Kamani and executives.
The Committee said it believes that a move linking senior executive incentives to ESG improvements would “demonstrate a genuine commitment to environmental and social responsibility.”
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