UPDATE 2-UK fashion group ASOS ties exec pay to new environmental goals [Reuters]
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Source: Reuters
FILE PHOTO: A smartphone with the ASOS app and a keyboard and shopping cart are seen in front of a displayed ASOS logo in this illustration picture taken October 13, 2020. REUTERS/Dado Ruvic/Illustration/File Photo Sept 16 (Reuters) - Online fashion retailer ASOS (ASOS.L) set out plans to cut its environmental impact and improve worker rights on Thursday, tying its success in cutting waste and carbon levels to future management pay. Joining a growing list of fast-fashion companies to open up its supply chain for external scrutiny, ASOS set out targets for improving recycling rates, cutting energy usage and increasing the diversity of its corporate leaders. Like Primark which produced a similar plan on Wednesday, ASOS must overhaul operations in Asia, Europe, the United States and elsewhere without threatening the ultra-low prices or rapid delivery times that have won over an army of young shoppers. The new mission statements follow calls from shareholders, governments and socially awa
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