GOVERNANCE

A robust governance framework underpins our ESG strategy, supporting accountability, integrity and transparency across the business.

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STRUCTURE & MANAGEMENT

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Reiss has implemented a governance framework along with associated policies and processes to embed ESG across its business operations.

Our commitments are to:

- Provide a robust structure to ensure accountability and oversight of the ESG strategy.

- Incorporate ESG risks and opportunities in annual risk assessment processes.

STRUCTURE

The ESG Steering Group has oversight of ESG related matters. The group is made up of the CEO and senior executives, and reports to the Reiss Board of Directors. Reiss ESG Steering Group is responsible for oversight and leadership of our ESG strategy, which is implemented by department leads and the Reiss CSR department.

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ESG RISK ASSESSMENT

We have assessed our ESG Risks using the Landmark Risk Horizons tool, which is based on the Sustainable Accounting Standards Board Methodology. Risk Horizons uses industry sector and countries of operation, providing a high-level risk profile which we use as a basis for developing our ESG programmes and targets and which informs our due diligence approach.

Using this methodology, our top five salient combined risks in order of priority have been identified as (1) Labour Practices (2) Materials Sourcing (3) Supply Chain Management (4) Child Labour (5) Product Quality and Safety. Our top 5 geographical regions, when mapped against volume of Reiss orders, are (1) China (2) Turkey (3) India (4) Vietnam (5) Bangladesh.

STAKEHOLDERS

As we develop our ESG Roadmap, Reiss is identifying and engaging both formally and informally with internal and external stakeholders. Our stakeholders provide insights and perspectives which contribute to the identification and mitigation of ESG risks, as well as valuable support and challenge.

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BUSINESS ETHICS

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Reiss strives to build a culture of integrity across its business and takes a zero-tolerance approach to bribery and corruption. Reiss upholds all applicable laws relevant to countering bribery and corruption.

Our commitment is to:

Eliminate bribery corruption in all its forms and take steps to ensure that employees, suppliers and contractors are aware of their responsibilities and Reiss policies.

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SECURITY

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Information security, physical security and data protection are key elements of our ESG approach, enabling us to safeguard our operations, customers, and reputation while fulfilling wider social and environmental obligations. Everyone at Reiss has a role to play in protecting our security.

Our commitments are to:

Maintain a strong security culture as an essential part of our defence against potential breaches of security.

Provide accurate information and opportunities to engage with our customers in a more sustainable and circular fashion.

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TRANSPARENCY & RESPORTING

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Reiss is currently developing its ESG Roadmap and will publish more detailed information on our ESG progress and commitments in 2024. Our 2023 Modern Slavery and Gender Pay Gap reports are published on our website, and our factory list can be accessed here.

Our commitment is to:

Make transparent disclosures of our progress in ESG, aligning our work with recognised standards and frameworks.