Environment
A defining feature of Boozt is our decision to maintain control over our full value chain with an integrated model that ensures quality, efficiency, and flexibility at every stage of our operations.
Control over the value chain has the potential for Boozt to integrate sustainability directly into day-to-day operations. Our practices include using renewable energy at the Angelholm fulfilment centre, handling returns locally and improving processes to reduce returns, mitigating the impact of our business.
Climate action
In 2024, the Science Based Target initiative (SBTi) approved Boozt’s near-term science-based emissions reduction targets.
SBTi has classified Boozt’s scope 1 and 2 target ambition as in line with a 1.5 °C trajectory. Based on a 2022 base year, Boozt's targets are below.
“This achievement marks an important step in Boozt’s journey and a testament to our commitment to transparency and accountability in our sustainability efforts.”
Read about our progress on action on our latest Annual Report.
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Boozt Group commits to reduce absolute scope 1 and 2 GHG emissions 55% by FY2032 from FY2022 base year.
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Boozt Group also commits to increase active annual sourcing of renewable electricity from 98.2% in FY2022 to 100% by FY2030.
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Boozt Group further commits that 88% of its suppliers, by spend covering purchased goods and services, will have science-based targets by FY2028.
Read below about our practices and more about the Science Based Target initiative (SBTi).
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LOCAL handling
As a leading Nordic department store, logistics and fulfilment are cornerstones of Boozt’s model, with our Angelholm Fulfilment Centre (BFC) enabling fast deliveries and efficient returns.
By managing logistics and operations internally, our practices support minimising our environmental impact. Handling returns locally at our Fulfilment Centre reduces emissions per order and allows us to support the local economy by employing our own workforce instead of relying heavily on external providers or outsourcing return handling to other countries.
Operating a local fulfilment centre enables us to ship multi-category orders in consolidated parcels, enhancing customer convenience and satisfaction while optimising shipping efficiency.
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packaging
The e-commerce business model requires significant amounts of packaging. Boozt's Fulfilment Centre is handling the storage, packaging, shipping and returns of Boozt's products and has an effect on resource use and circular economy.
Boozt is focusing on improving sourcing and use of its packaging, while ensuring that customers receive their orders in the right-sized packaging, towards damage-free and intact delivery. In order to minimise the negative impact caused by packaging material, Boozt is exploring more circular options.
As part of Boozt's efforts to maintain control over its operations, we collaborate with distributors to understand the impact of our delivery and returns.
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Supply Chain Decarbonization
In 2024, Boozt joined Fashion Leap for Climate together with ASOS and Selfridges Group as new members, extending the climate education program’s invitation to hundreds of fashion brands within its combined portfolio. This marks an important milestone in fostering a supportive environment to address the industry’s urgent need for climate action and supports Boozt reaching its SBTi Supplier Engagement target.
The program guides how to measure their own carbon footprints and set targets in line with climate science.
FASHION LEAP FOR CLIMATE, launched in 2022 by ABOUT YOU Group, YOOX NET-A-PORTER and Zalando, is designed to elevate the fashion industry's response to the inherent climate challenges it faces.
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REDUCING UNNECESSARY RETURNS
Boozt meets the high expectations of Nordic consumers for speed and reliability. Efficiency, along with a smooth returns process, makes Boozt a trusted platform. Unnecessary returns as part of the online experience lead to increased GHG emissions and waste creation. In 2019, Boozt introduced the Fair Use Policy to its Terms & Conditions, which aims to eliminate excessive returns. Fair Use supports Boozt having a transparent dialogue with, and possibly pausing, customers who repeatedly exploit the high service levels of free shipping and returns at the expense of our business, other customers and the environment.
Returns are handled locally in Angelholm, with all sellable goods being put back in stock. Items returned with minor defects are sold via the outlet physical store.
SCIENCE BASED TARGET INITIATIVE
The Science Based Targets initiative (SBTi) is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. It is focused on accelerating companies across the world to halve emissions before 2030 and achieve net-zero emissions before 2050.
The initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF) and one of the We Mean Business Coalition commitments. The SBTi defines and promotes best practices in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies’ targets.
