Better Health for All

No specific, scorable evidence was found in the provided articles for FRAS.LSE (Frasers Group PLC) regarding the 'Better Health for All' ethical value. While mentions a future launch of Myprotein nutrition products across Sports Direct stores (Frasers Group), this is a forward-looking statement and not evidence of current health impact or nutritional quality.

Other articles refer to 'Frasers Property' or 'Frasers Centrepoint Trust,' which are distinct real estate entities or business segments, and their activities are not applicable to Frasers Group PLC's core retail operations as described. , which explicitly covers FRASERS GROUP PLC, states that it contains no information for any of the health-related KPIs.

Fair Money & Economic Opportunity

Frasers Group's Frasers Plus credit platform charges interest at 3.1% per month on the outstanding balance.

This equates to an Annual Percentage Rate (APR) of approximately 44.02%.

Fair Pay & Worker Respect

The CEO-to-median employee pay ratio was 0:1 in 2024, with the CEO's salary reported as £0.

The gender pay equity ratio was 0.979 in 2024, reflecting a 2.1% unadjusted gender pay gap. The accident rate for the distribution, office, and store workforce was 2.5 per 100,000 hours worked in FY22, equivalent to 5.0 per 200,000 hours. The workforce turnover rate was 25.0% in the most recent year.

Fair Trade & Ethical Sourcing

Frasers Group PLC reported that it was not aware of any human rights breaches in the 2024 financial year

and the 2021/22 financial year. The company conducts due diligence within its supply chains and operations to identify risks , embeds due diligence checks in the supplier onboarding process , and continuously monitors third-party actors in its supply chain.

Honest & Fair Business

Frasers Group scored 17.5 out of 250 (7.0 out of 100) on the Fashion Transparency Index in 2023.

The company has also withheld consent for the Financial Reporting Council (FRC) to publish key findings of reviews into its annual reports for two consecutive years, representing three out of 14 such cases since 2018. Sports Direct, part of Frasers Group, has been linked to multiple allegations of labour rights abuses, including worker suffering at garment factories in Myanmar and Jordan, and criticism over zero-hour contracts in the UK. The company also has a history of corporate governance controversies. The Group has a publicly disclosed whistleblowing policy, effective August 2023, which applies to employees, business partners, contractors, and suppliers. It provides multiple reporting channels, includes safeguards against reprisal, and is overseen by the Audit Committee. New employees receive orientation on whistleblowing procedures. Frasers Group has an Anti-Bribery and Corruption Policy, established following the UK Bribery Act, with a zero-tolerance approach. It has been a continuously certified member of the Thai Private Sector Collective Action Against Corruption (CAC) since 2017. All employees are required to complete online business ethics training with an 80% pass score, and annual seminars are organized to reinforce understanding of corporate governance and ethics.

Kind to Animals

No specific, quantifiable evidence was found in the provided articles to assess Frasers Group PLC against the 'Kind to Animals' ethical value according to the defined KPIs and their quantitative thresholds. While the company has committed to stop purchasing fur products

and is working with Humane Society International/UK to phase out existing fur inventory , the articles do not provide the necessary percentages of total animal-derived inputs replaced, the extent of collaboration in quantifiable terms, or any other specific metrics required to score the relevant KPIs.

Planet-Friendly Business

Frasers Group's total Scope 1, 2, and 3 emissions were 0.0963 M tCO₂e in 2024, representing a 21.9% decline from 0.1233 M tCO₂e in 2023.

The Group has SBTi-aligned targets to reduce absolute Scope 1 and 2 emissions by 58.8% and Scope 3 emissions by 63.8% per million GBP value added by FY2034 from a FY2023 base year, with further reductions by FY2050. In FY22, the Group recycled 86% of its waste at Shirebrook DC. There have been no environmental enforcements or prosecutions in the past 12 months. The company has adopted TCFD, with its first full disclosure including qualitative scenario analysis for physical and transition risks, considering 1.5°C and 4°C temperature scenarios.

Safe & Smart Tech

Frasers Group implements encryption to applicable industry standards

and conducts annual external reviews of its cyber infrastructure and penetration testing across the Group. However, the company faces significant challenges in data privacy and regulatory compliance. The Information Commissioner's Office (ICO) has stated that the company's use of live facial recognition (LFR) cameras offers targets no opportunity to opt-out or control the use of their personal data , and involves the automatic collection of biometric data without clear justification. The ICO has issued a warning regarding this technology , and a similar system used by a supermarket received a formal warning from the Dutch DPA. Furthermore, the company retains customer service details for 7 years and Frasers Plus product data, declined applications, and unprogressed applications for 6 years. While the company states compliance with UK GDPR and other regulations , these issues indicate significant gaps in user data control, data minimization, and regulatory adherence.

Zero Waste & Sustainable Products

Frasers Group recycled 86% of waste from its Shirebrook Distribution Centre in FY22.

The company has implemented several waste reduction initiatives, including saving over 2 million hangers from disposal and a container optimisation program that reduces deliveries by 25% on average. A store recycling initiative is also being piloted. For waste reduction targets, the company aimed to recycle 90% of the waste from its Shirebrook Distribution Centre in FY23.