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Burberry named leading luxury brand for sustainability

Burberry has been named as the leading luxury fashion brand in the Dow Jones Sustainability Index.

The brand has been included in the textiles, apparel and luxury goods sector for the fourth consecutive year.

The Dow Jones Index is considered a benchmark for investors who integrate sustainability considerations into their decision-making and investments.

The inclusion in the rankings comes despite news earlier this year that Burberry set fire to £28m of surplus fashion and cosmetics stock in a bid to guard against counterfeiting. Earlier this month, it said it would stop the practice in future.

Leanne Wood, Burberry’s chief people, strategy and corporate affairs officer said: “We are incredibly proud to be the leading luxury brand in the 2018 Dow Jones Sustainability Index.

“At Burberry, we are passionate about finding ways to be socially and environmentally responsible in everything we do, from investing in the communities at the heart of our business to creating innovative ways to tackle the most pressing issues faced by our industry.

“We will continue to expand these efforts as we work towards our responsibility goals to 2022 and beyond.”

 

 

Readers' comments (1)

  • Burberry burnt £28m surplus stock this year to control prices (which appears to be normal practice for previous years)...or does this not matter to the 2018 sustainability index!!

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