Boohoo Group committed to delivering the highest standards of ethics, compliance and transparency

Boohoo group plc (LON:BOO) has published the Terms of Reference with regards to the Independent Review of its Leicester supply chain, being led by Alison Levitt QC, as previously announced on 8 July 2020.

The purpose of this Independent Review is to consider the Group’s obligations and relevant duties of care in relation to the workforce in its Leicester supply chain. The Group will act decisively on the Independent Review’s findings and look to embed its recommendations into its strategic planning to help restore confidence in the Leicester garment industry and increase transparency for all of our stakeholders.

A full copy of the Terms of Reference can be found further below, with the Independent Review’s key objectives as follows:

·    To investigate the allegations made in relation to the Leicester supply chain and determine whether they are well-founded;

·    If they are, to consider the extent to which the Group monitored its supply chain in Leicester and had knowledge of the allegations;

·    To consider the Group’s compliance with the relevant law; and

·    To make recommendations for the future in response to those findings.

The Group will provide an update on the findings of the report with its half year results for the six months ending 31 August 2020 on 30 September 2020.

Brian Small, Deputy Chairman and Senior Independent Director, commented:

“We are pleased to share the Terms of Reference for the upcoming Independent Review into our Leicester supply chain. We believe this demonstrates how seriously we, as a board, are treating the recent allegations into our supply chain. The Group is committed to delivering the highest standards of ethics, compliance and transparency.”

Terms of Reference: Independent Review into the boohoo Group’s UK Supply Chain 

Articles have appeared in the Press alleging unacceptable working conditions and underpayment of workers at premises owned and controlled and operated by some of the company’s suppliers, principally in Leicester.

The purpose of this independent Review, conducted by senior barrister Alison Levitt QC, is to consider the Boohoo Group’s obligations and relevant duties of care in relation to the workforce in its Leicester supply chain.

Objectives

There are four core objectives for the Independent Review:

1.    To investigate the allegations made in relation to the Leicester supply chain and determine whether they are well-founded;

2.    If they are, to consider the extent to which the Boohoo Group monitored its Leicester supply chain and had knowledge of the allegations;

3.    To consider the Boohoo Group’s compliance with the relevant law; and

4.    To make recommendations for the future in response to those findings.

Output

Alison Levitt QC should provide a report which addresses the issues listed above. Any findings and recommendations should be evidence-based and proportionate.

Scope

The focus of the investigation will be on the Boohoo Group’s Leicester supply chain. Alison Levitt QC will produce a full report, including any recommendations for the future by 15th September for the Company to consider.  

Governance and methodology

This Review was instigated and commissioned by the Boohoo Group. However, the Review and Alison Levitt QC are independent of Boohoo. Ms Levitt QC is instructed by Jason Cropper of TLT LLP. 

A team of solicitors from TLT LLP and two junior counsel will support Ms Levitt QC.

Details of the governance and the methodology for the investigation will be agreed between Alison Levitt QC and TLT LLP.

It will include the issuing of a public call for evidence.

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