Source:
Liontrust
Author:
Harriet Parker, Investment Manager, Liontrust Sustainable Investment team

As part of our continued engagement with DFS on the timber and leather supply chain, we met with Sally Hopson, CEO of Sofology, a subsidiary of DFS, who is also the executive responsible for the Group’s sustainability strategy. She outlined the strategy DFS is developing, which includes building a leadership position on the sourcing of timber and leather, with a key target of 100% FSC timber by 2025 (95% by 2023), and 100% recyclable and recycled packaging by 2020.

In addition to the supply chain effort, the company is also researching modular designs and recyclable materials to enable a more circular product lifecycle. We believe DFS continues to lead the sector in terms of ESG management and are proud of our engagement with the company.