Over the summer, fashion brands group Boohoo found itself at the centre of a scandal. The company’s share price dropped 42% over three days in early July when reports surfaced that its suppliers in Leicester were paying below minimum wage to garment-makers.
Yet the company was rated highly by many ESG rating agencies — an ESG rating aggregator, CSRHub, shows that Boohoo rates better than 70% of over 20,000 companies worldwide.
