Fraser Group’s ESG and pay equity targets

Fraser Group has made a number of commitments to its sustainability goals, including reducing waste and closing the gender pay gap

Starting as a small store in Maidenhead, UK, in 1982, Frasers Group has grown to become a global powerhouse, home to some of the world’s biggest brands, including Sports Direct.

With Michael Murray at the helm, the Fraser group provides its consumers with access to the world’s best sports, premium and luxury brands, while working towards a number of sustainability targets. 

How is the Fraser Group prioritising ESG issues?

As the Fraser Group has seen rapid growth over the past few years, the business’s greenhouse gas emissions have also increased. 

As a result, the group has committed to decreasing its carbon footprint, particularly regarding electricity, which makes up 81% of its carbon footprint. What’s more, the Fraser Group’s chosen intensity ratio of electricity-related emissions per £1mn revenue has decreased by 10%, due to the reduced CRC factors and efficiencies. 

Additionally, the group has set strict waste reduction targets, to minimise the amount of waste sent to landfill. While the business is still exploring new ways of reducing its environmental impact, every store now uses recyclable carrier bags and promotes “bags for life”.

The Fraser Group’s: Closing the gender pay gap

Defining the gender pay gap as “the difference in the average pay of women and men, irrespective of the type of work they do”, the group has recently released a report disclosing its recent progress through data. 

“Frasers Group places a significant emphasis on equality and fairness when it comes to earnings across the Group,” says Chris Wootton, CFO of Fraser Group. “We continue to work vigorously on aligning roles and putting transparent structures in place across all areas of the business. When it comes to rewards, Sports Direct has been a lifelong champion of growth in earnings through performance-related bonuses – we encourage all our people to reach their maximum potential and reward the achievement of appropriate targets set within the respective discipline of the business.”

What’s more, the report states that the high percentage of males and females earning bonuses are all gender neutral by design, and, in 2022, the proportion of females receiving a bonus was greater than the proportion of males. Consequently, the median bonus gap reduced significantly year on year.

Although there is still a disparity in total earnings between female and male employees, the Frasers Group is committed to exploring methods to reduce this. Read the full report here


For more insights into Sustainability - check out the latest edition of Sustainability Magazine and be sure to follow us on LinkedIn & Twitter

Other magazines that may be of interest - EV Magazine | Energy Digital

Please also check out our upcoming event - Sustainability LIVE in London at the BDC on Sept 6/7th 2023


BizClik is a global provider of B2B digital media platforms that cover 'Executive Communities' for CEO's, CFO's, CMO's, Sustainability Leaders, Procurement & Supply Chain Leaders, Technology & AI Leaders, Cyber Leaders, FinTech & InsurTech Leaders as well as covering industries such as Manufacturing, Mining, Energy, EV, Construction, Healthcare + Food & Drink.

BizClik, based in London, Dubai & New York offers services such as Content Creation, Advertising & Sponsorship Solutions, Webinars & Events.


Featured Articles

Sustainability LIVE – More Events to Come in 2024

Sustainability LIVE will be returning with more events in 2024 with New York, London, The Global Sustainability & ESG Awards, and Diversity & Inclusion

Sustainability LIVE New York: Meet Our Speakers

Discover the lineup for Sustainability LIVE New York. Don’t miss out on your chance to attend the two-day virtual event on 3 and 4 June 2024

The Sustainability & ESG Awards Submissions – 1 Week to Go

Just one more week to go until submissions close for The Sustainability & ESG Awards launching at Sustainability LIVE London Global Summit

American Express’s Madge Thomas joins Sustainability LIVE NY


PepsiCo CSO Jim Andrew joins Sustainability LIVE New York


Amy Brachio, EY Joins Sustainability LIVE New York

Diversity & Inclusion (D&I)