The Boohoo fallout: Poor sustainability will always haunt investors

Following allegations of modern slavery, Boohoo's share price halved as investors jumped ship and wholesale partners such as Next and ASOS delisted their products. It is not the first time (nor will it be the last) that sustainability issues hit a company's share price. Whether it is an oil spill or tinkering with emissions data, there's increasing evidence that poor sustainability practices do not pay off, scandals often tend to dampen share prices well beyond the immediate blow up as investors' trust takes time to rebuild. Post-pandemic investment in agtech holds the key to a 'farm ...