Boohoo to link top team bonuses to meeting ethical and environmental targets

Boohoo Carol Kane and Maumud Kamani

Boohoo has agreed to link its bonus scheme for directors to making changes to its supply chain following last year’s scandal.

The fast fashion etailer has bowed to pressure from the Environmental Audit Committee (EAC) and MPs to connect its £150m long-term bonus pot to supply chain improvements.

Boohoo said its board would now connect 15% of its bonus scheme to implementing its Agenda for Change, which was put into action following allegations of modern slavery in its Leicester factories last July.

 

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