Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Environment › Burberry boss could earn up to £12.2m under new bonus...
Environment

Burberry boss could earn up to £12.2m under new bonus scheme as company rolls back climate goals

The Guardian Business Thursday 28 May 2026, 15:24 UTC By Sarah Butler 1 min read
Key Points

Company, which paid boss Joshua Schulman £4m in year to March, becomes latest to extend deadline to become carbon neutralBusiness live – latest updatesThe boss of Burberry could earn up to £12.2m after the luxury British brand introduced a new bonus scheme, while its annual report also revealed the company has scaled back its climate ambitions.Joshua Schulman, a former chief executive of the US fashion brand Coach who was hired in July 2024 to help revive Burberry, was paid £4m in the year...

Company, which paid boss Joshua Schulman £4m in year to March, becomes latest to extend deadline to become carbon neutral

The boss of Burberry could earn up to £12.2m after the luxury British brand introduced a new bonus scheme, while its annual report also revealed the company has scaled back its climate ambitions.

Joshua Schulman, a former chief executive of the US fashion brand Coach who was hired in July 2024 to help revive Burberry, was paid £4m in the year to March, up from £2.5m for his first nine months in the job.

Continue reading...
Originally published by The Guardian Business Read original →

Related Stories

Aldi shoppers face 62p car parking update as store announces new change across UK

Aldi shoppers face 62p car parking update as store announces new change across UK Many shoppers who drive certain cars will be interested to know about the new update Aldi has issued an announcement today, June 10, that'll affect some customers who use the supermarket's car parks while doing their food shop. People who drive certain types of vehicles will notice an update to facilities in hundreds of car parks, which the store has described as "affordable, reliable and convenient". Aldi...

Daily Mirror 56m ago

Pollinators in peril: scientists reveal the hidden human health costs of the world’s disappearing bees

Crops and flowers rely on them for survival, but wild bees are declining – and crucial nutrients will go missing from our diets as a resultThere are few ways in and out of Nepal’s Jumla district. The Karnali highway, considered one of the world’s most dangerous roads, provides the only land link, splicing through the Himalayas to connect Jumla’s terraced valleys to the rest of the country. As such, the 120,000 people that live there are almost entirely self-sufficient, with most of them...

The Guardian Environment 1h ago

What's holding US pastors back from preaching on climate

What's holding US pastors back from preaching on climate June 10, 2026After years of decline, the number of Christians in the US has stabilized. But as they file into church on a Sunday morning, only a few will hear about the state of the planet the Bible calls on them to steward. According to a 2025 study, although almost 90% of US Christian faith leaders across all major denominations believe in at least some degree of human-caused climate change, only around half have ever discussed it...

Deutsche Welle 1h ago

Nothing says stupidity like Reform's obsession with destroying British jobs | George Monbiot

The net zero economy is booming, so claims that prosperity depends on oil and gas are bunkum – unless you’re a Reform backer with fossil fuel interests, of courseReally? You want to destroy a million jobs? Vote Reform UK for mass unemployment: is that your pitch?

The Guardian Environment 2h ago