PORTLAND, Ore.–(BUSINESS WIRE)–July 27, 2022–
Columbia Sportswear Company (NASDAQ: COLM, the “Company”), a global innovation leader in outdoor, athletic and lifestyle products, including apparel, footwear, accessories and equipment , today published its 2021 Environmental, Social and Governance (ESG) Reportwhich includes performance highlights and progress made throughout 2021 across the three pillars of its corporate responsibility strategy – Empowering People, Sustaining Places and Responsible Practices.
2021 proved to be another challenging year with operations around the world impacted by the pandemic, but ESG remained a priority for Columbia Sportswear Company.
“Despite the challenges faced, the Company had its best year ever, and we did so while maintaining our commitment to environmental, social and governance issues. We have proven, once again, that by living our core value of doing the right thing, we can thrive and do well through our people, places and practices,” said Tim Boyle, Chairman, President and CEO.
The report highlights the work done by its four core brands – Columbia, SOREL, Mountain Hardwear and prAna. In 2021, Columbia Sportswear Company:
- Completed a Carbon Leadership Project and a Clean by Design program with two cohorts of Tier 1 and Tier 2 manufacturing partners to help partners reduce their environmental impact. Reduced emissions by the company’s manufacturing partners will help it meet its previously established manufacturing climate target of a 30% reduction in manufacturing emissions by 2030, compared to a 2019 baseline.
- Launched the Coalition of Asian & Pacific Islander Employee Resource Group, bringing the total number of Employee Resource Groups to seven.
- Built two new water towers at supply chain sites to bring clean water to the children of our manufacturing partners and their employees with the Planet Water Foundation, bringing the total number of water towers built at 24.
- Coordinated COVID-19 community vaccination clinics in Portland, OR and launched an educational campaign encouraging all employees to get vaccinated.
To learn more about Columbia Sportswear Company’s ESG efforts, see the 2021 Environmental, Social and Governance Report. The company has also published a Sustainability Accounting Standards Board (SASB) Index, which discloses the company’s ESG efforts in accordance with industry-specific SASB standards and can be accessed here.
About Columbia Sportswear Company
Columbia Sportswear Company connects active people with their passions and is a global innovation leader in outdoor, active and lifestyle products, including apparel, footwear, accessories and equipment. Founded in 1938 in Portland, Oregon, the company’s brands are sold in approximately 90 countries. In addition to the Columbia® brand, Columbia Sportswear Company also owns the Mountain Hardwear®, SOREL® and prAna® brands. For more information, please visit the Company’s websites at www.columbia.com, www.mountainhardwear.com, www.sorel.comand prana.com.
This document contains forward-looking statements regarding emission reductions. The company’s expectations, beliefs and projections are expressed in good faith and are believed to have a reasonable basis; however, such forward-looking statement involves a number of risks and uncertainties, including those described in the company’s annual report on Form 10-K and quarterly reports on Form 10-Q under the heading “Risk Factors”. , and those that have been or may be described in other reports filed by the company, including reports on Form 8-K.
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CONTACT: Mary Ellen Glynn
Senior Director of Corporate Communications
KEYWORD: OREGON UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) RETAIL CLIMATE CHANGE SUSTAINABILITY MANUFACTURING OTHER SPORTS OTHER CONSUMERS PROFESSIONAL SERVICES SUPPLY CHAIN MANAGEMENT E-COMMERCE ENVIRONMENT SPORTS TEXTILES DEI (DIVERSITY, EQUITY AND INCLUSION) CONSUMER FASHION
SOURCE: Columbia Sportswear Company
Copyright BusinessWire 2022.
PUBLISHED: 7/27/2022 2:35 PM / DISK: 7/27/2022 2:36 PM
Copyright BusinessWire 2022.