Seattle — As part of REI Co-op’s recently released 2023 Impact Report, REI has made significant progress toward reaching its aggressive climate goals, with 2023 emissions coming down 10% compared to 2022 and 6% lower than emissions in its 2019 baseline year. This year marks the first time REI is reporting a decrease in its emissions alongside an increase in revenue over its baseline year. The co-op is achieving its ultimate goal of growing its business while lowering emissions.
Also in 2023, REI celebrated its 11th year of powering U.S. operations with 100% renewable electricity and continued working to make local renewable energy more accessible everywhere it operates. It also achieved Climate Neutral certification for the fourth year in a row and diverted 86% of operational waste from landfills — remaining on track to meet its goal of being a Zero Waste organization by 2025.
Another way that REI is preserving the long term health of the planet is through its Re/Supply program, which helps the co-op — and its members — lower their collective carbon impact by maximizing the life of products that have already been made. REI has Re/Supply sections in nearly all retail locations and opened its second standalone Re/Supply store in Oregon last year, joining the co-op’s first Re/Supply store that opened in California in 2020. The co-op sells more than 1 million used items each year and Re/Supply sales continue to see double-digit growth year over year as the co-op makes progress toward its goal of decoupling continued business growth from carbon impact.
In other recent company news, REI Co-op plans to open a new store in College Station, Texas, this fall. The new store will be the outdoor retailer’s 11th location in the state. Located less than a half-mile from Texas A&M University, the 21,732-square-foot store will offer a wide assortment of outdoor gear and expertise for camping, cycling, running, fitness, hiking, climbing and more. It will also feature a full-service bike shop, staffed by certified mechanics.
The 10 existing REI stores in Texas include Austin-Downtown (opened 2006), Austin-Gateway (opened 1989, relocated 1995), Dallas (opened 1993, relocated 2015), Fort Worth (opened 2016), Houston (opened 1996, relocated 2003), Houston-Baybrook (opened 2016), Houston-Willowbrook (opened 2004), Plano (opened 2005), San Antonio (opened 2012), and Southlake (opened 2014).
The nation’s largest consumer co-op, REI is a specialty outdoor retailer headquartered near Seattle. For more information, visit www.REI.com.
SOURCE: REI Co-op