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April 26, 2021

Caleres outlines five-year goals in inaugural ESG report

US footwear company Caleres has published its first environmental, social, governance (ESG) report in which it outlines commitments for the next five years, including a pledge to use environmentally preferred materials in 100% of its namesake brand's products and shoeboxes.

By Beth Wright

US footwear company Caleres has published its first environmental, social, governance (ESG) report in which it outlines commitments for the next five years, including a pledge to use environmentally preferred materials in 100% of its namesake brand’s products and shoeboxes.

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How can your business build resilience within the ESG space?

ESG is a key theme impacting companies across all sectors globally. It has emerged as the top theme among company filings, with a rising focus on SDG 16 (Peace, Justice, and Strong Institutions) amidst current geopolitical tensions and sustainability-driven investments. Leading sectors with the highest active jobs in this space include aerospace and defense, automotive, banking and payments, construction, and consumer, with many companies actively looking to establish ESG-related expertise. For more information related to company filings and job analytics, as well as key insights across the latest news, deals, and patents, consult our full report. This report will help you to:
  • Identify the top trending themes relevant to ESG across all sectors
  • Monitor investment and innovation landscape in ESG
  • Track key events and social media mentions related to ESG
Download our full report to understand how you can use GlobalData’s trusted insight to develop your business in 2022 and beyond.
by GlobalData
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The inaugural ‘Caleres Cares … Feet First’ report is the result of the company’s broader efforts to formalise its approach to ESG, complete a materiality assessment, and establish a strategic ESG framework that will be used to track its progress.

Notable 2025 commitments also include 25% of footwear sold in Famous Footwear will use environmentally preferred materials, and reclaim, recycle, or refurbish 90,000 pairs of shoes each year.

The firm also aims to reduce waste by 50% in Caleres’ strategic sourcing supplier base, with 100% of strategic sourcing suppliers contributing to waste reduction; reduce energy consumption by 25% in Caleres-owned retail stores and distribution centres; and ensure 100% of strategic factories are socially compliant and employ leading global social working standards.

“At Caleres, how we do business has always been as important as how much business we do,” says  CEO Diane. “I know this passion and energy will carry forward as we pursue, track and report on our 2025 commitments.”

The report, which was published yesterday (22 April), coinciding with Earth Day, also spotlights Caleres portfolio brands’ individual sustainability initiatives and charitable endeavours in 2020 – including product donations for frontline healthcare workers during the Covid-19 pandemic.

Other companies who have made sustainability announcements in the lead-up to Earth Day include VF Corporation’s action sports brand Vans; US denim brand Wrangler; Canadian outdoor apparel specialist Canada Goose; and Gap Inc’s Old Navy clothing business. 

Click here to see: What the fashion industry is doing for Earth Day.

Related Companies

Free Report
img

How can your business build resilience within the ESG space?

ESG is a key theme impacting companies across all sectors globally. It has emerged as the top theme among company filings, with a rising focus on SDG 16 (Peace, Justice, and Strong Institutions) amidst current geopolitical tensions and sustainability-driven investments. Leading sectors with the highest active jobs in this space include aerospace and defense, automotive, banking and payments, construction, and consumer, with many companies actively looking to establish ESG-related expertise. For more information related to company filings and job analytics, as well as key insights across the latest news, deals, and patents, consult our full report. This report will help you to:
  • Identify the top trending themes relevant to ESG across all sectors
  • Monitor investment and innovation landscape in ESG
  • Track key events and social media mentions related to ESG
Download our full report to understand how you can use GlobalData’s trusted insight to develop your business in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

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