New York City — Foot Locker, Inc., the New York-based specialty athletic retailer, aims to achieve net zero greenhouse gas (GHG) emissions by 2050 or sooner, in alignment with climate scientists’ recommendations to transition toward a net zero state and avoid the worst impacts of climate change. This ambition marks an important milestone in the company’s environmental, social and governance (ESG) journey.
Answering the call to limit the global temperature rise to 1.5°C, as well as feedback from stakeholders, the company commits to setting a science-based target in line with the criteria established by the Science Based Target initiative (SBTi). The company will report its progress against certain metrics regarding its GHG emissions annually in its Impact Report, which is available at www.investors.footlocker-inc.com/impactreport, and is aligned with the reporting disclosure guidance of the Sustainability Accounting Standards Board (SASB) industry standards and the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. The company expects to publish its next Impact Report in fall 2022.
“Foot Locker, Inc. is committed to helping our planet remain a sustainable home for current and future generations,” says Richard A. Johnson, chairman and chief executive officer. “Unabated climate change presents risks for our business, industry and society, but through climate stewardship, we may unlock opportunities to innovate and strengthen our relationships with our customers and the communities we serve.”
For more information, visit www.investors.footlocker-inc.com/climate.
New York-based Foot Locker, Inc. leads a portfolio of brands including Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, atmos, WSS, Footaction and Sidestep. The company operates approximately 3,000 retail stores in 28 countries across North America, Europe, Asia, Australia and New Zealand. For more information, visit www.footlocker-inc.com.
SOURCE: Foot Locker, Inc.