GOLETA,
Calif., Nov. 3, 2023 /PRNewswire/ -- Deckers
Brands (NYSE:DECK), a global leader in designing, marketing, and
distributing innovative footwear, apparel and accessories, today
released its Fiscal Year 2023 Corporate Responsibility and
Sustainability Report, Creating Change.
Deckers' FY23 Creating Change report builds on the
progress made against its Sustainable Development Goals related to
materials, waste, water, climate and clean energy, chemistry and
consumer safety, human rights, and gender equality, quality
education and reduced inequalities.
"This is a milestone year for Deckers: our 50th anniversary! For
the past five decades, taking care of our people, our communities
and our environment has been an integral part of Deckers' ethos,"
said Dave Powers, CEO and
President of Deckers Brands. "ESG has played a key role in
enhancing our culture and has contributed, and continues to
contribute, to our historical and ongoing success."
FY23 Creating Change Report highlights include:
Environment:
- All brands have reduced footwear emissions, water, and energy*
per pair since our FY19 baseline year and are making progress
toward established physical intensity targets.
- Continued work with the Savory Institute to support
regenerative farming practices on sheep farms in Australia and, as of September 2023, have influenced 890,000 acres and
over 80 farms.
- Expanded environmental monitoring programs among manufacturing
partners, amplifying disclosures by utilizing the HIGG FEM module,
now Worldly, and continued monitoring of supplier partners through
our ongoing LCA outreach efforts.
Social:
- As of March 31, 2023, over 24% of
director-level and above employees in the US were from Black,
Indigenous, and People of Color (BIPOC) communities. This
represents an overall increase of more than 12 percentage points
since this target was first established in FY20.
- In FY23, 43% of all new US based hires (excluding retail and
distribution center employees) identified as BIPOC.
- Donated over $4.2 million through
Deckers' corporate giving program to non-profit organizations
supporting environment, racial and social justice, education,
uplifting youth, and those underserved in their communities.
- Employees volunteered over 15,000 hours globally, showcasing
passionate dedication to giving back.
"Our Creating Change Report is a reflection on where we have
been and where we aspire to be. It serves as a valuable tool to
build trust and engage our various stakeholders," said
Thomas Garcia, Chief
Administrative Officer. "Our tremendous progress would not be
possible without the efforts of so many teams across the
organization."
To learn more about Deckers Brands Sustainability and read the
full report, please visit www.deckers.com/responsibility.
*Using Compass 2020 methodology
About Deckers Brands
Deckers Brands is a global leader in designing, marketing, and
distributing innovative footwear, apparel, and accessories
developed for both everyday casual lifestyle use and
high-performance activities. The Company's portfolio of brands
includes UGG®, HOKA®, Teva®,
Sanuk®, and Koolaburra®. Deckers Brands
products are sold in more than 50 countries and territories through
select department and specialty stores, Company-owned and operated
retail stores, and select online stores, including Company-owned
websites. Deckers Brands has 50 years of history building niche
footwear brands into lifestyle market leaders attracting millions
of loyal consumers globally. For more information, please visit
www.deckers.com.
This press release contains forward-looking statements within
the meaning of the federal securities laws. Forward-looking
statements may relate to our future sustainability targets,
business operations and operations of our business partners or
other future events. You can identify forward-looking statements by
the use of words such as "may," "will," "could," "anticipate,"
"expect," "intend," "believe," "continue," or the negative of such
terms, or other comparable terminology. Forward-looking statements
include the assumptions underlying or relating to such statements.
We have based these forward-looking statements largely on our
current expectations and projections about future events and
financial trends that we believe may affect our business, results
of operations and financial condition. The outcomes of the events
described in these forward-looking statements are subject to risks,
uncertainties and other factors described in Item 1A, "Risk
Factors," and elsewhere, in our Annual Report on Form 10-K for
fiscal year 2023, or the Annual Report. We cannot assure you that
the events and circumstances reflected in the forward-looking
statements will be achieved or occur, and actual results could
differ materially from those expressed or implied in the
forward-looking statements. The forward-looking statements made in
this press release relate only to events as of the date of this
press release. We undertake no obligation to update any
forward-looking statement to reflect events or circumstances after
the date on which the statement is made.
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SOURCE Deckers Brands