Ralph Lauren Details Progress on Social and Environmental Goals in 2023 Global Citizenship & Sustainability Report
20 Junho 2023 - 9:00AM
Business Wire
Ralph Lauren Corporation (NYSE:RL) today published its 2023
Global Citizenship & Sustainability Report, emphasizing the
Company’s ongoing commitment to creating timeless products that are
made to live on responsibly, using materials in ways that reduce
its products’ environmental impact, and supporting people within
its workforce, supply chain and communities. The 2023 report
outlines progress across the Company’s Citizenship &
Sustainability approach, Timeless by Design, which ensures
timelessness is embedded from inspiration through to products’
every use and reuse across generations.
“Ralph’s vision of timelessness is apparent in the beautiful
products we create, and it’s our commitment to ensure this vision
is carried into how we create and address our impact on the world,”
said Katie Ioanilli, Chief Global Impact & Communications
Officer, Ralph Lauren Corporation. “Our approach is rooted in
science, ambitious goals, collaboration and innovation that,
together, will enable us to continue to inspire people to live the
life of their dreams.”
As part of its Timeless by Design strategy, the Company
continued over the past year to advance on its commitments across
three pillars: Create with Intent, Protect the Environment and
Champion Better Lives. Highlights include:
- Continuing to support the circular economy with the
introduction of Ralph Lauren’s Cradle to Cradle Certified® Gold
Luxury Cashmere Sweater, the first luxury cashmere C2C Certified®
product and the first of five iconic products that the Company
committed to make C2C Certified® by 2025;
- Expanding its efforts to create innovative products with
sustainable attributes, including the POLO® MIRUM® sneaker and
crossbody pouch, featuring Natural Fiber Welding’s MIRUM®
components that are 100% plastic-free and made from plants and
minerals;
- Establishing a roadmap to eliminate coal in its supply
chain;
- Meeting its zero waste goal by diverting 92% of waste from
landfill and incineration across its distribution centers;
- Achieving its goal to increase the number of women in factory
leadership by at least 25% two years ahead of schedule, making
progress on the path to gender parity in the supply chain; and
- The Ralph Lauren Corporate Foundation announcing a $25 million
commitment to expand or establish five cancer centers in the U.S.
aimed at reducing cancer care inequity in underserved communities
and celebrating the opening of the Ralph Lauren Center for Cancer
Prevention at Georgetown Lombardi Comprehensive Cancer Center as a
part of this commitment.
The full 2023 Ralph Lauren Global Citizenship &
Sustainability Report and ESG Supplement are available for download
on the Company’s website.
ABOUT RALPH LAUREN CORPORATION Ralph Lauren Corporation
(NYSE:RL) is a global leader in the design, marketing and
distribution of luxury lifestyle products in five categories:
apparel, footwear & accessories, home, fragrances and
hospitality. For more than 50 years, Ralph Lauren has sought to
inspire the dream of a better life through authenticity and
timeless style. Its reputation and distinctive image have been
developed across a wide range of products, brands, distribution
channels and international markets. The Company’s brand names —
which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren
Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren,
Polo Ralph Lauren Children and Chaps, among others — constitute one
of the world’s most widely recognized families of consumer brands.
For more information, visit https://corporate.ralphlauren.com.
ABOUT TIMELESS BY DESIGN Timeless by Design is Ralph
Lauren Corporation’s commitment to Global Citizenship and
Sustainability, ensuring timelessness is embedded from inspiration
through to our products’ every use and reuse across generations. We
consider how we impact nature and champion the people and
communities that intersect with our business across three key
pillars: Create with Intent, Protect the Environment and Champion
Better Lives. We progress in our goals and scale our approach
through memberships, investments and partnerships with industry
leaders and high-impact organizations. For more information, visit
https://corporate.ralphlauren.com/citizenship-and-sustainability.
ABOUT THE RALPH LAUREN CORPORATE FOUNDATION The Ralph
Lauren Corporate Foundation works to make the dream of a better
life a reality by championing equity and empowering underserved
communities around the world. Established in 2001, The Ralph Lauren
Corporate Foundation is committed to making a difference across its
core areas of focus: supporting cancer care and prevention,
protecting the environment, fostering advocacy and access and
strengthening community resilience. It hopes to deliver meaningful
change in its communities through its nonprofit collaborations,
grant funding and volunteering programs. For more information,
visit https://corporate.ralphlauren.com/Foundation.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This
press release and the Global Citizenship & Sustainability
Report contain goals, initiatives and “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements include statements regarding,
among other things, the Company’s citizenship and sustainability
goals and environmental, social and governance goals.
Forward-looking statements are indicated by words or phrases such
as “aim,” “anticipate,” “outlook,” “estimate,” “ensure,” “commit,”
“expect,” “project,” “believe,” “envision,” “seek,” “goal,”
“target,” “can,” “will,” and similar words or phrases. These
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause actual results,
performance or achievements to be materially different from the
future results, performance or achievements expressed in or implied
by such forward-looking statements. Forward-looking statements are
based largely on the Company's expectations and judgments and are
subject to certain risks and uncertainties, many of which are
unforeseeable and beyond Company control. The factors that could
cause actual results, performance or achievements to materially
differ from forward-looking statements include, among others, the
risk factors identified in the Company’s Annual Report on Form
10-K, Quarterly Reports on Form 10-Q and Current Reports on Form
8-K filed with the Securities and Exchange Commission. The Company
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
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Corporate Communications RL-Press@RalphLauren.com
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