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1、2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORTTable of Contents 3 A MESSAGE FROM OUR CHAIRMAN AND CEO4 OUR GLOBAL CITIZENSHIP&SUSTAINABILITY APPROACH 6 ANNUAL HIGHLIGHTS7 PROGRESS ON OUR GOALS11 INTEGRATED CIRCULARITY 15 SUSTAINABLE MATERIALS21 DESIGN WITH INTENT 26 VALUE CHAIN FOR IMPACT31 CLIMATE 3
2、6 WATER STEWARDSHIP39 WASTE MANAGEMENT41 CHEMICAL MANAGEMENT43 BIODIVERSITY46 DIVERSITY,EQUITY&INCLUSION53 EMPLOYEE WELL-BEING 56 COMMUNITY ENGAGEMENT&PHILANTHROPY69 RIGHTS&EMPOWERMENT IN THE SUPPLY CHAIN80 GLOBAL CITIZENSHIP&SUSTAINABILITY GOVERNANCE 83 ETHICS&COMPLIANCE85 DATA PRIVACY&SECURITY88 C
3、OLLABORATING FOR IMPACT 90 GLOBAL REPORTING INITIATIVE INDEX106 SUSTAINABILITY ACCOUNTING STANDARDS BOARD INDEX109 TASK FORCE ON CLIMATE-RELATED FINANCIAL DISCLOSURES INDEX110 ABOUT THIS REPORTINTRODUCTION&OVERVIEW 3CREATE WITH INTENT 10PROTECT THE ENVIRONMENT 30CHAMPION BETTER LIVES 45GOVERNANCE 79
4、2024 GLOBAL CITIZENSHIP&SUSTAINABILITY SUPPLEMENT 87CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEW 2 2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|3CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SU
5、PPLEMENT INTRODUCTION&OVERVIEWA Message from Our Chairman and CEOSince our founding 57 years ago,Ralph Lauren has stood for timelessness creating beautiful,quality pieces that are made to be worn,loved and passed on to the next generation.Our vision for timelessness not only inspires what we create
6、but also how we create it including how we operate our global business and engage with the communities where we operate.We do this because,like our iconic styles,we want our business to stand the test of time.Guided by our Purpose to inspire the dream of a better life through authenticity and timele
7、ss style we advance this work by testing,learning,collaborating and scaling programs to reduce our dependence on limited natural resources,engage and inspire our global teams,and to enrich the communities where we operate because when they thrive,we thrive.Some highlights from this year include:Crea
8、ting timeless products with innovative materials and manufacturing processes including our Cradle to Cradle(C2C)Certified Denim Flag Trucker Jacket,our first-ever Global Recycled Standard(GRS)certified 100%Recycled Cotton Polo and our first collection of Responsible Wool Standard(RWS)-certified swea
9、ters;Launching our Artist in Residence program with Din(Navajo)artisan Naiomi Glasses to deliver beautiful,authentic products based on a first-of-its-kind model for mutually-beneficial cultural collaboration;Continuing to phase out the use of coal in our supply chain and decreasing our absolute emis
10、sions against FY20 baseline with a 33%reduction;and Celebrating the newest Ralph Lauren Center for Cancer Prevention,which will open in Fall 2024 at the University of Southern California,Norris Comprehensive Cancer Center.As a Company,and as an industry,we have much more to do,but we are committed t
11、o progressing this important work that supports business longevity and creates value for all of our stakeholders.Thank you to our teams and partners whose leadership,dedication and creativity are represented throughout the pages of this report.Ralph LaurenExecutive Chairman and Chief Creative Office
12、rPatrice LouvetPresident and Chief Executive Officer 2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|4CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWOur Global Citizenship&Sustainability Approach For 57 years,we have created products t
13、hat are timeless that can be worn,loved and passed on through generations.Our Global Citizenship&Sustainability(GC&S)strategy,Timeless by Design,is grounded in this philosophy and how we embed our Companys Purpose throughout our business.Our 2024 GC&S Report outlines progress on our goals and commit
14、ments.This is brought to life through our three pillars:2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|5CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWCreate with IntentTimelessness has always defined the creative vision for our produ
15、cts today,this ethos extends to how we create and the stories we tell,and includes our work to embed inclusivity and incorporate circular principles into our design processes,enabling our products to live on from generation to generation.Protect the EnvironmentWhen we shift toward practices that tak
16、e less from our planet,we can be stewards in protecting our environment for generations to come.In addition to creating products more responsibly,in our business operations we are transitioning to renewable energy,diverting waste from landfill and incineration and efficiently managing water use.Cham
17、pion Better LivesShaping a business that is timeless and has a positive impact for years to come means building relationships that stand the test of time and focusing on causes and actions that simultaneously benefit our communities,our teams and our Company.Thats why were committed to supporting ou
18、r employees,our partners and those within our communities working to help people thrive today and build a brighter future for tomorrow.SUSTAINABLE DEVELOPMENT GOALSThrough our work,we aim to address global priorities,contribute to tangible solutions and move closer to achieving targets.To align our
19、approach to global efforts,elements of Timeless by Design support the United Nations Sustainable Development Goals(SDGs).Ralph Laurens current programs,metrics and policies were benchmarked against all 17 SDGs to identify and determine where the Company has the biggest opportunity to contribute to t
20、he SDGs:2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|6CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWCREATE WITH INTENTLaunched the first collection of our Artist in Residence program,Polo Ralph Lauren x Naiomi GlassesIntroduced our
21、 C2C Certified Denim Flag Trucker Jacket and Flag Cashmere SweaterUnveiled our first-ever GRS-certified 100%Recycled Cotton CLARUS Polo,as part of the 2024 Paris OlympicsPROTECT THE ENVIRONMENTBegan in-depth engagement in Science Based Targets for Nature methodology 84%of chemicals reported conform
22、to the ZDHC Manufacturing Restricted Substances List(MRSL)Initiated process of phasing out on-site1 coal consumption from our manufacturing supply chainCHAMPION BETTER LIVESAnnounced our newest Ralph Lauren Center for Cancer at USC Norris Comprehensive Cancer Center in Los Angeles,CAEarned Fortunes“
23、Worlds Most Admired Companies”(2023&2024);Forbess “Worlds Best Employers”(2023);“Best Employers for Diversity”(2024)and “Best Employers for Women”(2023)rankings Annual Highlights94%Waste Diversion 33%Absolute Greenhouse Gas Emissions Reduction26%Total Water Use Reduction$12.6M+2 Donations10K+Volunte
24、er Hours1 On-site refers to the coal consumption of the on-site equipment of our manufacturing partners.2 Includes both Social Partnerships and Philanthropy and The Ralph Lauren Corporate Foundation donations.2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|7CREATE WITH INTENTPROTECT THE ENVIRONMENTCHA
25、MPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWTARGETPROGRESSINTEGRATED CIRCULARITYEnable our past and future products to live on responsibly by 2030Made advancements toward our circular product,experience and investment goalsMake five of our iconic products Cradle to Cradle(C
26、2C)Certified by the end of 2025Launched our C2C Certified Denim Flag Trucker Jacket and Flag Cashmere Sweater,marking four Ralph Lauren iconic products to be C2C CertifiedOffer high-quality products made with 100%recycled cotton by the end of 2025Introduced high-quality products with 100%recycled co
27、tton,including a Polo shirt as part of our 2024 Olympics Villagewear collection and a denim capsule with the Ellen MacArthur FoundationSet and implement circular design principles into our design and development process by the end of 2025Developed circular principles with a cross-functional team and
28、 working to implement within the design and development processInvest in scaling innovative technologies and regenerative practices to advance a circular economy by the end of 2025Continued to develop innovative products with partners like NFW(Natural Fiber Welding)Connect consumers with options to
29、rent,repair and recirculate our products in select key cities by the end of 2025Scaling Ralph Lauren Vintage program and developing strategies to connect consumers to repair services in key cities in FY25SUSTAINABLE MATERIALSAchieve 100%sustainably sourced key materials by the end of 202592%of our u
30、nits produced met at least one of our sustainable material criteria in FY24 compared to 89%in FY23100%of our key wood suppliers for new Ralph Lauren store interiors will use sustainably sourced wood substrates1 by the end of 202563%of our key suppliers had committed to meeting the benchmark at the e
31、nd of FY24 compared to 37%in FY23VALUE CHAIN FOR IMPACT80%of our business will be with suppliers that meet our strategic and key supplier criteria,which include business,quality,citizenship and sustainability performance by the end of 202556%of our business was with strategic and key suppliers that
32、met our business,quality,citizenship and sustainability performance criteria compared to 50%in FY23CREATE WITH INTENTProgress on Our Goals1 Certified by a forest management system,repurposed or recycled.2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|8CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION
33、BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWTARGETPROGRESSCLIMATEReduce absolute Scope 1,2 and 3 greenhouse gas(GHG)emissions by 30%by 2030(Science Based Targets initiative approved)from a FY20 base yearDecreased absolute emissions by 33%in FY24 from our FY20 baselineAchieve net
34、zero GHG emissions across the value chain by 2040 from a FY20 base yearPower our owned and operated offices,distribution centers and stores with 100%renewable electricity by the end of 2025Continued to invest in renewable energy attribute certificates,accounting for 64%of our global electricity use,
35、and signed our first virtual power purchase agreement for electricity use in Europe WATER STEWARDSHIPAchieve at least a 20%reduction in total water use across our operations and value chain,compared to a FY20 baseline,by the end of 2025Decreased total water use across our operations and value chain
36、by 26%from our FY20 baselineWASTE MANAGEMENTAchieve 100%recyclable,reusable or sustainably sourced packaging materials by the end of 202579%of our total packaging volume met at least one of our sustainable packaging criteria in FY24 compared to 73%in FY23CHEMICAL MANAGEMENTWe are committed to using
37、safer and more sustainable chemicals throughout our business to address their human and environmental impact1Gained 91%visibility of chemical use in manufacturing(by spend);84%of chemicals reported conform to ZDHC Manufacturing Restricted Substances List(MRSL)BIODIVERSITYDevelop a biodiversity strat
38、egy and set goals aligned with the Science Based Targets for Nature by 2024Completed Steps 1 and 2 of the Science Based Targets for Nature methodology to inform the development of a comprehensive biodiversity strategyPROTECT THE ENVIRONMENT1 In FY24,we established a new commitment for chemical manag
39、ement to replace our previous goal(“Eliminate the use of hazardous chemicals in our supply chain by 2025”),to align with the industry-wide shifts towards a more holistic chemical management approach prioritizing safety,sustainability and continuous improvement.2024 GLOBAL CITIZENSHIP&SUSTAINABILITY
40、REPORT|9CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWCHAMPION BETTER LIVESTARGETPROGRESSDIVERSITY,EQUITY&INCLUSIONReach 87%favorability on responses to“Ralph Lauren is committed to diversity and inclusion in the workplace”in the em
41、ployee surveyAchieved 85%favorable responses in most recent employee surveyReach 80%favorability on responses to“my manager champions diversity and psychological safety”in the employee surveyAchieved 80%favorable responses in most recent employee surveyEnsure at least one person of color(U.S.only)an
42、d one female candidate interviewed for 80%of VP-level and above open rolesAt least one person of color was interviewed for 88%of all U.S.-based VP-level and above open roles.At least one female candidate was interviewed for 100%of all VP-level and above open rolesEnsure at least one minority busines
43、s enterprise or female supplier included in 50%of open requests for proposalAt least one minority business enterprise or female supplier was included for 52%of open requests for proposalCOMMUNITY ENGAGEMENT&PHILANTHROPYIncrease Company employee volunteer hours by 25%compared to a FY22 baseline by th
44、e end of 2025Achieved in FY23RIGHTS&EMPOWERMENT IN THE SUPPLY CHAINMake empowerment and life skills programs available to 250,000 workers across our supply chain by 2030Reached over 136,000 workers through our empowerment and life skills programs to dateEnsure all strategic and key suppliers will ha
45、ve the capabilities and systems in place to deliver fair and timely compensation by 2030Developed our Human Resources Management(HRM)Playbook,which is a critical tool to support suppliers as they improve their wage management systemsGrounded in our enduring philosophy of timelessness,we are reimagin
46、ing what and how we create and the stories we tell through our products.This includes our work to embed inclusivity and incorporate circular principles into our design processes,enabling our products to live on from generation to generation.Create with IntentEXPLORE THIS SECTION11 INTEGRATED CIRCULA
47、RITY 15 SUSTAINABLE MATERIALS21 DESIGN WITH INTENT26 VALUE CHAIN FOR IMPACT CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEW 102024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|11CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LI
48、VESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWOur Approach Our ethos of timelessness has always guided our creative vision.Guided by this philosophy,we are evolving the way our products are designed,made,used and recirculated.Our circularity strategy has three main focus areas:Designing and
49、 making products through the lens of circular principles Connecting consumers to services that enable product longevity and reuse Investing in circular systems and innovation across the industryIntegrated Circularity2030 GOALEnable our past and future products to live on responsibly 2025 GOALSMake f
50、ive of our iconic products Cradle to Cradle(C2C)Certified Offer high-quality products made with 100%recycled cottonSet and implement circular principles into our design and development processInvest in scaling innovative technologies and regenerative practices to advance a circular economyConnect co
51、nsumers with options to rent,repair and recirculate our products in select key citiesLIVE ON PROMISEOur Live On Promise to enable our past and future products to live on responsibly underpins our vision for a more circular fashion industry.This includes creating products that are made with future us
52、es in mind and connecting consumers with solutions that help improve and extend the life of their garments.LINEAR SYSTEMTakeDesignUseRecirculateRecycleMakeMakeUseWasteCIRCULAR SYSTEM2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|12CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNAN
53、CE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWOur ActionsDesigning for TimelessnessOur circular design principles,developed through collaborative cross-functional engagement,are intended to support our design and product development teams to create products that can live on for generations to come.Cra
54、dle to Cradle CertifiedThis past year,we certified two additional icons the luxury Flag Cashmere Sweater and the Polo Denim Flag Trucker Jacket,our third and fourth products to be C2C Certified Gold.The jacket is also made with 75%Regenagri certified cotton and 25%recycled cotton and has removable b
55、uttons to enable recycling at the end of the products life cycle.These products follow the launch of our initial C2C Certified Gold products,the classic,luxury Cashmere Crewneck Sweater and luxury Cashmere Turtleneck Sweater.C2C certification is the global standard for products that are safe and cir
56、cular.Ralph Lauren partnered with an independent assessment body to ensure every component of these four products met the C2C Certified Product Standards set by the Cradle to Cradle Products Innovation Institute(C2CPII).CREATE RESPONSIBLYDESIGN FOR LONGEVITYINSPIRE CIRCULATIONDESIGN FOR CYCLABILITYU
57、se sustainable materials and processesCreate durable,timeless silhouettesSupport care,repair and recirculationEnable material recyclingBy developing Cradle to Cradle Certified circular icons within their collection,Ralph Lauren demonstrates a true dedication to the circular economy while offering ti
58、meless luxury to a broad audience.The cashmere sweater and denim trucker jacket are excellent examples that show C2C Certified collections look fantastic while adhering to all stringent environmental and social requirements of the product standard.We are proud to have Ralph Lauren as a partner in ou
59、r program,and we celebrate these outstanding results as we eagerly anticipate the upcoming new icons.“ELWYN GRAINGER-JONESExecutive Director,Cradle to Cradle Products Innovation Institute”2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|13CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGO
60、VERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWNEW PRODUCT LAUNCHESC2C Denim Flag Trucker JacketC2C Flag Cashmere SweaterReclaimed Denim (EMF Jeans Redesign)Ellen MacArthur FoundationLaunched this year,our unisex,classic fit jean and trucker jacket were developed to meet the Ellen MacArthur Found
61、ations The Jeans Redesign guidelines,which were created through the collaborative project that took place from 2019-2023.Crafted with features like removable metal buttons and a rivet-free design,the jean and trucker jacket were made for recyclability at the end of their usable life.Both products in
62、clude recycled cotton.Since 2021,we have been a Network Partner of the Foundation,participating in collaborative engagements to further a shift to a circular economy throughout our industry.Enable Circular Consumer ExperiencesTo help extend the life of Ralph Lauren products we are helping consumers
63、make conscious decisions when buying,maintaining or parting ways with their items.Ralph Lauren customers can access our products on several rental platforms,including Rent the Runway.This enables consumers to rent items for a one-time event or as part of an ongoing subscription.We are launching a re
64、cycling program for 100%cashmere garments in partnership with Re-Verso,which was developed as part of the C2C certification process for our C2C Certified Gold Cashmere Sweater.We are also engaging with the resale market by selling curated collections of iconic,vintage Ralph Lauren products.These col
65、lections can be found on our digital platforms and in select stores.2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|14CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEW88 million digital product IDs activated in FY24DISTRIBUTED AND AUTHEN
66、TICATED RESALE NETWORKThe World Economic Forum(WEF),Ralph Lauren,Vestiaire Collective and Digimarc(formerly EVRYTHNG),in collaboration with Bain&Company,launched a pilot to support the authentication of fashion products in the secondhand market through digital ID technology.This pilot established a
67、global collaboration between manufacturers and brand owners,suppliers,consumer representatives and regulators,enabling richer consumer experiences in secondhand marketplaces.The first phase of the pilot,completed in FY24,focused on designing the digital architecture and testing it with limited stake
68、holders.Now in its second phase,the pilot has been extended to multiple marketplaces,brands and technology providers.The working group will build a framework establishing an open standard,which helps demonstrate the power of collaboration.Advance a Circular EconomyWe consider the entire life cycle o
69、f our products and invest in innovative,scalable solutions to help deliver the quality our consumers expect.This includes leveraging authentication and digital traceability tools to demonstrate transparency.Digital Product ID(DPID)We have offered DPID since 2019 as a way for consumers to verify the
70、authenticity and details of their Ralph Lauren product easily and seamlessly.With more than 300 million individual items equipped with DPIDs,we are continuing to leverage DPID to identify counterfeiters and to ensure customers can easily report fraudulent products to us.Looking ahead,Ralph Lauren ha
71、s developed DPID to enable future integration of additional functionality,such as enhanced product traceability and transparency information,as well as product information that can help reduce the need for excess hangtags.2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|15CREATE WITH INTENTPROTECT THE
72、ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWOur Approach We craft our products to stand the test of time and to live on responsibly.We seek to use materials that help to address our environmental impact and animal welfare,while delivering the quality,longevity
73、 and durability our customers expect.We focus our efforts on the key materials that make up the chief content of 94%of our apparel units:cotton,polyester,wool,viscose,down1,tanned leather and cashmere.We are committed to sourcing materials certified to credible third-party standards and working towa
74、rds increasing traceability across our supply chain.For more on our approach and progress around transparency and traceability,see the Value Chain for Impact section of this report.Sustainable Materials2025 GOALSAchieve 100%sustainably sourced key materials 100%of our key wood suppliers for new Ralp
75、h Lauren store interiors will use sustainably sourced wood substrates(certified by a forest management system,repurposed or recycled)1 Down is a key material,but as a fill material it is quantified separately.2 Defined as:organic,transitional/in-conversion,Better Cotton,recycled,regenerative,U.S.Cot
76、ton Trust Protocol or Fair Trade-certified.3 Down only includes apparel.OUR OVERALL GOALAchieve 100%sustainably sourced key materials by the end of 2025PROGRESS97%Cotton100%of our cotton will be sustainably sourced by the end of 2025278%Viscose100%of viscose will be sourced and verified through Cano
77、pyStyle audits by the end of 202587%Polyester100%recycled polyester by the end of 2025100%Down100%Responsible Down Standard-certified or recycled down and feathers by 2023392%Wool100%Responsible Wool Standard-certified or recycled wool by the end of 202590%Tanned Leather100%of our tanned leather wil
78、l be Leather Working Group-certified by the end of 202585%Cashmere100%Sustainable Fibre Alliance-certified(or equivalent)or recycled cashmere by 202592%of our units produced met at least one of our sustainable material criteria in FY24 compared to 89%in FY232024 GLOBAL CITIZENSHIP&SUSTAINABILITY REP
79、ORT|16CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWKey MaterialsThe material development and sourcing teams who work directly with our finished goods suppliers embed sustainability as a key component of their strategy.We had some n
80、oteworthy achievements this year,particularly in our cotton and animal-derived material programs,and our core apparel programs continue to have sustainable content.CottonCotton is the most widely used natural fiber for clothing production2 and is the chief content in approximately 80%of our product
81、units.In FY24,97%of the cotton apparel units we produced met at least one of our defined sustainability attributes(organic,transitional/in-conversion,Better Cotton,recycled,regenerative,U.S.Cotton Trust Protocol or Fair Trade-certified).Through the U.S.Regenerative Cotton Fund(USRCF),The Ralph Laure
82、n Corporate Foundation also supports the increased adoption of regenerative practices,such as reduced tillage and cover cropping.For more information on the USRCF,see the Community Engagement&Philanthropy section of this report.PolyesterPolyester is the chief content in 6.5%of our apparel units and
83、is critical to performance in certain categories,such as outerwear,swim or certain types of knit shirts.In FY24,87%of our polyester apparel units had a sustainability attribute.We have successfully transitioned our core programs from conventional to recycled polyester and are focused on addressing t
84、he challenges to transition the remaining units.WoolThe Responsible Wool Standard(RWS)is a certification focused on protecting animal welfare and promoting progressive methods of land management at the farm level.As wool moves through the supply chain,the RWS Content Claim Standard ensures a strong
85、chain of custody is in place at every stage so the consumer can be confident the finished product contains wool from an RWS-certified farm.In FY24,92%of our chief content wool apparel products were RWS or recycled wool.Our first fully certified RWS sweaters were launched in our Fall 2023 Polo collec
86、tion.This included more than 900,000 units spanning 160 styles across our Polo mens,womens and childrens,RLX and Lauren brands.We were proud to provide the Paris 2024 Olympic Team USA with blazers crafted from USA-grown RWS-certified wool for the Opening Ceremony.ViscoseViscose and other man-made ce
87、llulosic fibers(MMCF)are used in only 0.4%of the apparel units we produce.These materials are typically made from trees,which presents a risk of sourcing inputs from ancient and endangered forests.Canopy is an environmental nonprofit organization dedicated to protecting 1 Percentage represents total
88、 that each key material makes up across our entire portfolio of products.2 World Resources Institute79.5%Cotton8.1%Animal derived6.5%Polyester3.9%Other1.6%Nylon0.4%ViscoseKEY MATERIALS IN OUR PORTFOLIO1ANIMAL DERIVED5.3%Leather/Skins2.5%Wool0.2%Cashmere0.1%Silk2024 GLOBAL CITIZENSHIP&SUSTAINABILITY
89、REPORT|17CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWthe worlds forests.Their tool,the Hot Button Report,is the fashion sectors primary tool to identify the sourcing practices of MMCF manufacturers.Our material sourcing team reque
90、sts that our suppliers only use viscose and other MMCFs from“green shirt”manufacturers,those who score highest on the CanopyStyle audit.In FY24,78%of our yarn and fabric suppliers reported that they sourced MMCF from green shirt manufacturers.DownWe started using Responsible Down Standard(RDS)virgin
91、 down in 2019 and have only used 100%RDS-certified down in apparel since 2023.RDS is a globally recognized standard that aims to improve the welfare of ducks and geese used for down and feathers and provides confidence that the chain of custody was intact through the supply chain.Marketing the use o
92、f RDS-certified down on a specific product requires every member of the value chain be certified and the usage validated.As part of our Fall and Holiday 2024 Polo outerwear collection,we are offering nearly 400,000 units of RDS-certified products across 90 styles for our mens,womens and childrens li
93、nes.Tanned LeatherIn FY24,we continued making progress towards our goal of sourcing all of our tanned leather from Leather Working Group(LWG)-certified tanneries,achieving a total of 90%.LWG seeks to drive best practices and positive environmental and social change in leather production;the cornerst
94、one of its efforts is the LWG Leather Manufacture Audit Standard,which assesses the environmental impact of leather production at the facility level.As part of our Fall 2023 footwear collection,we offered our first shoes made with regenerative leather.The Polo Camp shoes were crafted using leather a
95、nd suede processed in the U.S.,sourced from farms and ranches that use regenerative grazing practices,such as high-density,short-duration grazing.Traceability in the leather supply chain continues to be an industry-wide challenge.We see opportunity in changing systems at the beginning of the supply
96、chain.This year we continued to support the Leather Impact Accelerator(LIA),a set of tools developed by Textile Exchange focused on enabling key stakeholders from farmers to retailers to foster the development of a more responsible leather supply chain.These tools individually establish minimum soci
97、al,environmental and animal welfare thresholds for practices at the farm and leather production levels and give recognition to producers who meet them.Cashmere We are focused on sourcing Sustainable Fibre Alliance(SFA)-certified virgin or recycled cashmere,which typically comes from post-consumer re
98、cycled textiles or pre-consumer industrial waste.In FY24,85%of our chief content cashmere product was SFA-certified or recycled.As part of our annual Textile Exchange Brand Certification audit in 2024,we added SFA certification to We are committed to ensuring our products are ethically made and adhe
99、re to our strict and robust Animal Welfare Policy,which outlines clear sourcing guidelines and requirements for all animal-based raw materials.2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|18CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVE
100、RVIEWour scope and launched SFA-certified cashmere sweaters to consumers in our Fall 2024 Polo and Lauren collections.This is in addition to our Cradle to Cradle certified cashmere products,which you can learn more about in the Integrated Circularity section of this report.Our ActionsWe continue to
101、prioritize collaboration with innovative startups to help us create new,high-quality materials that can also help us reduce our environmental footprint.We are also exploring various recycling solutions that are focused on disassembly,decolorization,separation and re-creation.By partnering globally,w
102、e can help support the creation of processes that allow materials and products to be recycled at scale.InnovationWe are committed to investing in and using innovative materials to decrease our reliance on virgin raw materials.As part of the 2024 Team USA Olympics Villagewear collection,we were proud
103、 to introduce the 100%Recycled Cotton CLARUS Polo Shirt.Weve reimagined our most iconic product using CLARUS welding technology.The shirt is crafted with performance attributes,including less pilling and shrinkage over time,while still retaining the comfort of our signature cotton Polo.CLARUS was de
104、veloped by NFW.We have invested in NFWs innovative solutions to enable us to reduce our reliance on virgin raw materials and advance a more circular fashion industry.In addition,we are focused on yarn and process optimization for post-industrial recycled cotton.As part of this work and to help reduc
105、e waste,we are building recycling hubs within our sourcing regions to deliver high-quality,viable yarns.We currently have pilots in Turkey and Bangladesh and are exploring opportunities to scale in select top regions in FY25.NEW PRODUCT LAUNCHES:RWS-certified Polo sweaters(Fall 2023)RDS-certified Po
106、lo outerwear (Fall 2024)Collaborations with leading brands like Ralph Lauren are critical for driving system-level change and ultimately making biobased performance materials available to everyone.The 100%Recycled Cotton Polo shirt a first for performance apparel is emblematic of the purpose behind
107、our partnership:together,we are testing,refining and improving in order to share these solutions with others and raise the bar for the entire industry.“LUKE HAVERHALSFounder and CEO of NFW”2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|19CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESG
108、OVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWGlobal Research and Development StudioOur Global Research and Development Studio is a physical and virtual resource that contributes to our progress on our sustainable materials goals by expanding our library of materials and processes available for
109、 adoption by our design and product teams.As part of the Studios work,our Digital Product Creation program creates prototypes of garments,with the intent to avoid unnecessary production and reduce material waste.The program is comprised of apparel designers in the Polo and Lauren brands,as well as a
110、 number of strategic and key suppliers who have been certified as 3D capable by our Digital Sourcing team.FY24 was the first year of the program,which resulted in over 500 prototypes created.2024 OLYMPICS:TEAM USARalph Lauren is proud to be an Official Outfitter of the U.S.Olympic and Paralympic Tea
111、ms.For the Olympic and Paralympic Games Paris 2024,we thoughtfully considered materials and manufacturing practices for the Team USA collection.Styles throughout the collection,including the athletes Opening and Closing Ceremony outfits,are crafted from recycled polyester and USA-grown RWS-certified
112、 wool,among other materials.And as mentioned in the Innovation section on page 18,we were proud to introduce our first-ever 100%Recycled Cotton CLARUS Polo Shirt as part of the 2024 Team USA Olympics Villagewear.2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|20CREATE WITH INTENTPROTECT THE ENVIRONMEN
113、TCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWSustainable Store InteriorsSustainability guidelines from the U.S.Green Building Council(USGBC)and the Forest Stewardship Council(FSC)currently inform our store interior materials sourcing.Our Forest Protection Policy outlines
114、 our commitment to protecting the worlds forests and guides the selection of wood suppliers for our store interiors.Our goal is to have 100%of our key wood suppliers use sustainably sourced(certified repurposed or recycled by a forest management system)wood substrates for new Ralph Lauren store inte
115、riors by the end of 2025.Forty suppliers committed to meeting the benchmark by the end of FY24,which represents 63%of our suppliers,compared to 37%in FY23.In FY24,our key wood suppliers represented 97%of our business volume in this category.SUSTAINABLE STORE HIGHLIGHTSIn our new flagship store in Pr
116、ague,all new millwork elements,such as wall cases and architectural trims,were produced from sustainably sourced woods,and over half of all floor fixtures were reclaimed and repurposed pieces.In North America,the new Polo Menswear shop at Macys State Street in Chicago features FSC-certified wood flo
117、oring and hangers,as well as millwork fixtures,perimeter units and trims produced from sustainably sourced woods.71%of our new stores and renovations globally in FY24 included sustainably sourced wood flooringKEY WOOD SUPPLIERS THAT MET BENCHMARK BY END OF FY24:100%of suppliers serving EMEA88%of sup
118、pliers serving North America50%of suppliers serving APAC2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|21CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWOur ApproachSince our founding,Ralph Laurens design ethos has been inspired by the
119、 beautiful and interconnected histories,arts,crafts and cultures that make up the fabric of America.Mindful of our efforts to expand our portrayal of America,were on a journey to evolve from inspiration to collaboration with communities that inspire us.That includes taking meaningful steps to be mor
120、e inclusive throughout our business,from how we design to how products go to market.We are developing and embedding principles of culturally sustainable design into our product creation processes,supporting the preservation of traditional craft and driving economic and social impact within artisan c
121、ommunities.At its core,Design with Intent is about making sure the products we create and the stories we tell are authentic expressions of heritage,which is foundational to our timeless brand.Formally launched in 2022,our Design with Intent department guides and operationalizes Ralph Laurens cultura
122、lly sustainable design and go-to-market execution with a focus on:Leading internal education efforts about culturally cognizant design Creating and actioning a model for mutually beneficial cultural collaborations Driving community and artisan engagement Establishing a network of external resources
123、to advise on our effortsOur ActionsCultural Collaboration ModelsTo help enable our shift from inspiration to collaboration,we are building and refining two models for collaboration with the communities that own and sustain heritage craft:our Artist in Residence program and our Authentic Makers progr
124、am.Both models are intended to be mutually beneficial exchanges,combining the unique skill of the artisan with our core brand sensibilities.They also aim to recognize the broader communal ownership of the craft and design motifs represented within collaborations.We are grateful to have received thir
125、d-party counsel to help guide us in building models that are fair,replicable and may be refined as we learn more with each collaboration.Design with Intent2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|22CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTR
126、ODUCTION&OVERVIEWArtist in Residence ProgramThrough our Artist in Residence program,we invite artisans working with a variety of skill sets,mediums and materials to collaborate with Ralph Laurens design teams.Our first focus is on partnering with Indigenous artisans,but this is intended to be an ong
127、oing program where we will seek to collaborate with those who authentically connect to and inspire us.Acknowledging the broader communal ownership of the traditional expression utilized within these product collaborations,we work closely with each Artist in Residence to identify a beneficiary organi
128、zation serving members of their community,to which a portion of collaboration product sales will be donated.Authentic Makers ProgramRalph Laurens Authentic Makers program invites artisans to create a product collaboration with our design teams and manufacture the product using traditional techniques
129、.While the program is still in its early stages,we have engaged in several small-scale Authentic Makers collaborations,including:A collection of special-edition concho belts for our womens Collection made by silversmith Jimmy Begay Jr.(Din/Navajo).A special-edition collaboration with Ishi Glinsky(To
130、hono Oodham Nation)using traditional hand tattooing techniques to adorn USA-made leather moccasins.Navajo weaving is a craft that has carried on through my family for seven generations and preserving these traditions in new ways has been so inspiring to me as an artist.To now be able to share it wit
131、h people around the world,as seen through my eyes and brought to life in clothing,is a dream come true.It is only through the power of collaboration and Ralph Laurens unique program that this collection was made possible,and the best part is that it brings traditional Navajo weaving to a new generat
132、ion.“NAIOMI GLASSESSeventh-generation Din(Navajo)textile artist and weaver”2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|23CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWCultural CognizanceOur Design with Intent work is founded upon
133、continued education deepening our understanding of the communities that inspire us and relearning how to use cultural inspirations respectfully and inclusively.EducationOur Cultural Awareness Guidelines support our approach to culturally cognizant product creation and storytelling across the Company
134、.We update these regularly according to emerging best practices and guidance from our network of external advisors and distribute them to all teams with a role in design,merchandising,advertising and marketing.We inform and prepare these teams to apply our guidelines through mandatory cultural aware
135、ness educational programs.We also remain dedicated to providing next-generation leaders with opportunities to access education.The Company continues to support scholarship programs via the American Indian College Fund and launched a two-year Master of Fine Arts scholarship at the Institute of Americ
136、an Indian Arts(IAIA),aiming to support Indigenous talent in creative fields of work.Additionally,we supported IAIA as a sponsor of its 2023 benefit event with proceeds going toward their general scholarship fund.Cultural Consultants and LiaisonsOur Cultural Awareness Council(the Council)enables prog
137、ress by working cross-functionally to create and implement culturally sustainable policies,guidelines and best practices.The Council is made up of team members across disciplines including Legal/Cultural IP,DE&I,Corporate Communications and Design with Intent.They participate in weekly review sessio
138、ns to ensure cultural responsibility practices are maintained from products conception through their go-to-market campaigns.This year,the Council expanded to include team members from our EMEA and APAC regions to ensure global and regional perspectives are represented.Employee Impact Group(EIG)leade
139、rs and external cultural and textile experts are consulted as needed to help inform our decision making and development of authentic partnerships,programs and storytelling.Our External Native and Indigenous Advisory Council includes Indigenous leaders across cultural,historical,educational,legal,med
140、ia and creative disciplines.The group reviews and provides guidance on our Design with Intent work.The Design with Intent team also engages in continuous education,which has included training with Cultural Intellectual Property Rights Initiative and partnering with Legal and Learning and Development
141、 teams to host sessions on Cultural Intellectual Property and Traditional Cultural Expression.Additionally,Design teams are also able to access global textile expertise to understand textile histories,origins and provenance via our extended network.CULTURAL ENGAGEMENTA critical part of our work is b
142、uilding relationships based on respect and trust with the communities that inspire us.We regularly seek opportunities to connect with Native community leaders and Indigenous-serving organizations to apply greater cultural cognizance to our work and scale our impact.In FY24,delegations from Ralph Lau
143、ren attended the International Folk Art Market,the Santa Fe Indian Market,the Cherokee Nation Art Market and Original 2023 in Mexico City.In December 2023,Ralph Lauren launched the inaugural collection of the Companys Artist in Residence program,Polo Ralph Lauren x Naiomi Glasses a collaboration wit
144、h seventh-generation Din(Navajo)textile artist and weaver Naiomi Glasses.Over the past two years,Glasses worked with the Polo Ralph Lauren design teams to reimagine her original weaving designs into three capsule collections inspired by her family,homelands and community on Dintah(Navajo Nation).To
145、accompany each collection,she curated one-of-a-kind silver and turquoise jewelry pieces,handmade by renowned artisans from the Navajo Nation,Hopi Pueblo,San Felipe Pueblo and Zuni Pueblo.Unveiled as three seasonal,special-edition product launches through Fall 2024,this collection celebrates the arti
146、stry of timeless Navajo traditions from Naiomis perspective.A beautiful,360 campaign promoting each collection was showcased across Ralph Laurens channels,including a docuseries,two episodes of which were directed by award-winning filmmaker Shaandiin Tome(Din/Navajo).Drops one and two of the campaig
147、n were shot by Ryan RedCorn(Osage Nation),alongside photography from Daryn Sells(Din/Navajo)and Lonnie Begay(Din/Navajo).All three drops featured many Native and Indigenous models,including friends and family of Naiomi Glasses.As an avid turquoise and silver collector,Naiomi curated a unique selecti
148、on of handcrafted pieces by several renowned jewelry makers from Navajo Nation,Hopi Pueblo,San Felipe Pueblo and Zuni Pueblo,showcased throughout the campaign and profiled in a piece in RL Magazine,guest written by Sheyenne Sky Lacy(Din/Navajo).Special handmade silver and turquoise pieces from the a
149、rtisans were available for purchase online and in select flagship stores.Ralph Laurens External Native and Indigenous Advisory Council advised the Company on the ideation,approach and creation of the campaign,as part of its ongoing role to share guidance on Ralph Laurens representation of and engage
150、ment with Indigenous communities.Additionally,a portion of the sales of the Polo Ralph Lauren x Naiomi Glasses collection support organizations serving communities within the Navajo Nation and beyond.CASE STUDYPolo Ralph Lauren x Naiomi Glasses2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|24CREATE W
151、ITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWCASE STUDY(CONTINUED)DROP 1:LOVE OF THE LANDInspired by Naiomis family,homelands and community of Dintah(Navajo Nation)from the beauty and colors of the land to cherished cultural symbols.A port
152、ion of the drop one collection sales benefit Change Labs,a Native-led organization focused on fostering the creation of successful Navajo and Hopi small businesses.DROP 2:COLOR IN MOTIONA reflection of the second phase of Naiomis weaving journey,as she began to play with new colorways and more conte
153、mporary adaptations of traditional Navajo motifs while refining her skill in the craft.A portion of the drop two collection sales benefit Phoenix Childrens Foundation Patient and Family Assistance Fund for Native American Families and the Center for Cleft&Craniofacial Care.DROP 3:DENIM DAYDREAMAn od
154、e to Naiomis love for rodeo culture,its heritage,and its deep connection to the Navajo way of life reflected across a wardrobe of denim and indigo hues nodding to the signature attire of Navajo rodeo riders and the color of Dintah skies.A portion of the drop three collection sales will be donated to
155、 Edward Charles Foundation to benefit Creative Futures Collective an organization working to unearth and empower the next generation of creative leaders from disenfranchised or system-impacted communities.2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|25CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPI
156、ON BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEW2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|26CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWOur ApproachTo build a resilient and responsible value chain,we are con
157、tinuing to create transparency and traceability,strengthen relationships with partners in our ecosystem and identify areas for improvement.We are also working with our suppliers to respect human rights and promote environmental sustainability.Our Supplier Engagement Strategy(SES)work is a vital part
158、 of this,and we started in FY20 with our Tier 1 suppliers and in FY23 expanded the program to our Tier 2 suppliers.Our work in supplier engagement helps create an agile and resilient value chain ecosystem that can respond to disruption and change while meeting our shared and individual goals.We cont
159、inue to progress towards our goal to conduct 80%of our business with suppliers that meet strategic and key supplier criteria,which includes business,quality,citizenship and sustainability performance.In FY24,56%of our business was with suppliers that met the strategic and key supplier criteria.For m
160、ore information on our procurement practices,refer to our Supply Chain and Product Sustainability Policy and our Supplier Engagement Strategy.Value Chain for Impact2025 GOAL80%of our business will be with suppliers that meet our strategic and key supplier criteria,which include business,quality,citi
161、zenship and sustainability performance by the end of 202556%of our business was with strategic and key suppliers that met our business,quality,citizenship and sustainability performance criteriaSUPPLIER ENGAGEMENT STRATEGYOur Supplier Engagement Strategy(SES)continues to focus on strengthening perfo
162、rmance in these key areas:business,quality,citizenship and sustainability.Maintain a responsible,agile and transparent supply chainSecure the right capacity and capability that meets our objectives and standardsSupport supplier empowerment through partnership and performance evaluation;and create va
163、lue through a Global Supplier NetworkASSESS&DEVELOPCAPACITY MANAGEMENTSOURCINGRESPONSIBLE EXIT1Support supplier owned exit strategy to respect the rights of workersONBOARDINGInvest time and resources to build strong relationships1 Responsible exit may occur when the supplier has a change in strategy
164、 or is not meeting our compliance and business requirements.We are in the process of creating a Responsible Exit policy.2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|27CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWOur ActionsTranspa
165、rency and Traceability Enhancing transparency and traceability across our value chain is foundational to the successful implementation of our GC&S strategy and achievement of our goals.It enables us to better understand our impacts,improve compliance with social and environmental requirements throug
166、hout the value chain and track our progress more accurately.We are committed to continuously improving both transparency in global supply chains and the traceability of our products across our value chains.To support this,we have created a strong internal governance system and are investing in a com
167、bination of tools and processes that target different aspects of this work in addition to exploring new technologies as they become available.TransparencyIn order to map and disclose our supplier partners,we use Open Supply Hub to publish the name,location and parent company of Tier 1 value-adding p
168、rocessing units including sewing,washing,embroidery and printing facilities.The list is updated as needed and was last updated on April 24,2024.In FY24,we worked with 378 active Tier 1 factories across 31 countries.In addition to finished goods factories,we continued to disclose Tier 1 processing un
169、its.We had 190 active processing units for finished goods factories.Overall,FY24 disclosures included 94%of business coverage.TIER 1 SUPPLIERSTIER 2 SUPPLIERSTIER 3 SUPPLIERSTIER 4 SUPPLIERSFinished goods manufacturers and value-adding processes(processing units)such as washing,embroidery and printi
170、ngMaterial production(mills,weaving,knitting,dye houses and washing facilities,sundry suppliers,tanneries,outsole manufacturers,embroiderers,screen printers,trim suppliers and packaging suppliers)Raw material processing(spinning,yarn production)Raw material source/feedstock production(farms,ginning,
171、forestry,extraction)2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|28CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWTraceabilityTracking products and their inputs across the value chain from source to shelf is emerging as a regulatory
172、 requirement globally.This is possible through digital traceability(e.g.,chain of custody)and physical traceability(e.g.,trackers and fiber verification).Traceability also supports our efforts to achieve 100%sustainably sourced key materials(as described in the Sustainable Materials section of this
173、report).To standardize and communicate our expectations around verifiable chain of custody documentation,we created a Transparency&Traceability Playbook for our suppliers,providing clear definitions,training and tools for support.Responsible Purchasing Practices We are addressing the role we play in
174、 being a responsible buyer by continuing our commitment to responsible purchasing practices(RPP).Since 2021,we have leveraged the Better Buying Survey to help us further understand the impact of our business practices on factories and workers.This supplier feedback creates an ongoing opportunity for
175、 collaborative problem solving.We leverage our Better Buying Survey results through cross-functional working groups covering five categories:planning and forecasting,design and development,cost and negotiations,sourcing and order management and win-win sustainable partnership.These working groups id
176、entify improvement areas and create metrics to continuously evaluate and improve our RPP.As a result of this work,in FY24 we expanded our Supply Chain Financing strategy to include additional banking partners to facilitate further competition and provide suppliers with more choices to ensure they re
177、ceive competitive pricing.Additionally,we are collaborating with the banking partners to establish preferential financing rates to incentivize suppliers who have better performance as defined through our SES.We continue to conduct mandatory training in these practices for our buying and sourcing tea
178、ms.We connect with our industry peers to benchmark our progress,as well as review standards and expectations from non-governmental organizations(NGOs)to identify opportunities for continuously improving our RPP.With this in mind,we are in the process of developing a Responsible Purchasing Practices
179、Policy and corresponding guidelines.Supplier EngagementWe engage suppliers through two-way communication,sharing our expectations and seeking feedback on how to strengthen our overall partnership via strategies:one-on-one check-ins,roundtable discussions,our Supplier Engagement Scorecard,surveys(inc
180、luding the Better Buying Survey)and semi-annual supplier summits.BETTER BUYING SURVEYIn FY24,the suppliers who joined the survey covered 86%of value and 88%of unit volume of our business.In total,104 suppliers participated in the survey which is 9%more compared to last year.Our suppliers recognized
181、our year-over-year improvements in the areas of payment terms,management of purchasing practices as well as win-win sustainable partnership.Based on our suppliers feedback,we will continue to focus on improvements for planning and forecasting.2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|29CREATE WI
182、TH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWWe have also created a Supplier Innovation Council,which is a group of key and strategic suppliers that meet our innovation criteria and share innovative practices and solutions collaboratively.W
183、e present this cross-supplier forum with startups and new technologies,which they then test,if interested,then share their results to enable scaling in their production.Supplier Engagement ScorecardOur Supplier Engagement Scorecard has social and environmental performance indicators that enable us t
184、o communicate our sustainability expectations,evaluate and monitor the progress of our suppliers and strengthen collaboration.This includes the use of industry tools,including the Higg Facility Environment Module(FEM),Better Work and Social Labor Convergence Project(SLCP),Aii Carbon Toolkit,ZDHC che
185、mical monitoring tools,as well as the tracking of sustainable material certifications and resource-efficient production practices to ensure alignment between our sourcing strategy and our goals.In FY24,we diversified our social key performance indicators(KPIs)within the scorecard to align with key a
186、reas:career advancement for workers,wage management and effective grievance mechanisms.This year,we also digitized our scorecards,which provides better efficiency and helps us build real time data;and we added Transparency and Traceability KPIs.We collected Higg FEM data from 276 Tier 1 facilities,r
187、epresenting 92%of our supply chain spend.Among the reporting facilities,263 facilities(91%of business volume)have completed data verification by verifiers approved by Cascale(formerly known as Sustainable Apparel Coalition).Facilities scored an average of 63 points across all sections(out of 100),wi
188、th an average of 72 points in the water section,26 points in chemical management section and 81 in the energy section.For raw material manufacturing,Higg FEM data collection covers 119 mills,representing our woven,knit and sweater yarn production.A total of 115 mills have completed data verification
189、,representing an estimated 62%of core fabric business volume.The mills scored an average of 69 points across all sections(out of 100),with an average of 71 points in the water section,28 points in the chemical management section and 83 points in the energy section.This year,we have significantly inc
190、reased our FEM roll out to our subcontracted finished goods facilities;a total of 131 facilities completed FEM and 125 facilities completed third-party verification.These facilities scored an average of 60 points across all sections(out of 100),with an average of 71 points in the water section,28 po
191、ints in the chemical management section and 82 points in the energy section.WORKING WITH LICENSEESIn addition to our own products,we license the Ralph Lauren brands to select companies.We extend our GC&S expectations and standards to licensees and require them to have social compliance programs and
192、standards equivalent to our own.We separately assess licensee supplier compliance programs and review their assessments to ensure that they meet our requirements.We are reviewing the licensee roadmaps for incorporating sustainable materials,packaging and chemical management and adopting energy and w
193、ater efficiency and coal phase out plans.In FY24,32 licensees used approximately 489 factories to make licensed products.92%of our business volume with Tier 1 facilities was represented in Higg FEMWhen we shift toward practices that take less from our planet,we can be stewards in protecting our envi
194、ronment for generations to come.In addition to creating products more responsibly,in our business operations we are transitioning to renewable energy,diverting waste from landfill and incineration and efficiently managing water use.Protect the EnvironmentEXPLORE THIS SECTION31 CLIMATE 36 WATER STEWA
195、RDSHIP39 WASTE MANAGEMENT41 CHEMICAL MANAGEMENT43 BIODIVERSITYCREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEW 30 2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|31CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE
196、2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWOur Approach The risks posed by climate change require us all to make significant reductions to global GHG emissions so we can protect and preserve our planet.Climate StrategyTo support our roadmap and targets,we have defined key strategies for reducing GHG
197、emissions across our own operations and supply chain.Climate2040 GOALAchieve net zero GHG emissions across the value chain from a FY20 base year2030 GOALReduce absolute Scope 1,2 and 3 GHG emissions by 30%from a FY20 base year(SBTi-approved)2025 GOALPower our owned and operated offices,distribution
198、centers and stores with 100%renewable electricityAchieving and maintaining our target of sourcing 100%renewable electricity for power used at our facilitiesIncreasing the share of low-carbon materials in our products(e.g.,recycled fiber or regenerative cotton farming practices)Expanding and accelera
199、ting decarbonization practices with our product manufacturing suppliers,including supplier GHG reduction roadmap development and coal phase outPrioritizing ocean freight and minimizing air freight to transport our productsInvesting in our efforts to advance a circular fashion industryWorking with pa
200、rtners and action networks for industry-wide changeKEY DECARBONIZATION STRATEGIESCollaboration across the industry which is crucial to making impactful progress is one of our strategies for reducing GHG emissions across our operations and supply chain.We participate in industry initiatives,including
201、 the United Nations Fashion Industry Charter for Climate Action,Apparel Impact Institutes Carbon Leadership Program,Cascale,Fashion Pact,Clean Energy Buyers Alliance and RE100,among others.Through these collaborations,we gather expert insights to help inform actions for decarbonization,such as our g
202、oal to transition to renewable energy across our entire supply chain and shifting toward a more circular economy.2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|32CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWOur Science-Based TargetT
203、o do our part in mitigating the effects of climate change,we have set an ambitious target to achieve net zero emissions across our value chain by 2040.This target has interim goals:1.To power our owned and operated offices,distribution centers and stores with 100%renewable electricity by the end of
204、2025 2.To reduce our absolute Scope 1,2 and 3 greenhouse gas(GHG)emissions by 30%by 2030 from a FY20 baseline yearOur 2030 goal has been validated by the Science Based Targets initiative(SBTi)and our net zero goal has been submitted for validation to SBTi.Climate RiskClimate-related risks pose chall
205、enges to our operations,our supply chain and how we manage the transition to a low-carbon economy.We address these risks with regular assessments and contingency planning.Our Board of Directors and CEO review climate-related risks and management strategies on at least an annual basis.We have establi
206、shed a Climate Risk Taskforce that meets semiannually to update our Climate Risk Report,identifying key physical and transitional climate risks,their likelihood of occurring,potential impact and actions being taken to manage each risk.This process includes assigning a risk rating to each potential t
207、hreat based on its ability to inhibit our strategic or financial objectives under potential future climate scenarios.Among the top climate risks identified by the Taskforce were:Physical risk from wind and flood to our operations and key manufacturing suppliers.We are responding by deploying crisis
208、management teams to impacted owned and operated facilities to address extreme weather events,as well as diversifying and balancing our sourcing countries and supply locations.Transitional risk from the cost and availability of cotton fiber and fabric.To address this risk,we are implementing a sourci
209、ng strategy focused on the use of sustainable materials,like organic and recycled cotton,and adopting energy-and water-efficient fabric production methods.Our work to build greater transparency and traceability in our supply chain is critical to identifying and managing climate risk from raw materia
210、l availability.Mapping this system will enable a more accurate measurement of our carbon footprint and a better understanding of where our physical risks lie.For more information about how we assess and plan for climate risk,see our CDP 2024 Climate Change Disclosure and TCFD Index.2024 GLOBAL CITIZ
211、ENSHIP&SUSTAINABILITY REPORT|33CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWOur ActionsEmissions ProgressWe reduced our absolute greenhouse gas emissions by 33%in FY24 from our FY20 baseline.This reduction was mainly driven by a re
212、duction in units produced,as a result of our corporate strategy,as well as decarbonization efforts across our supply chain.1 Percentages may not add up to 100 due to rounding.2 Consumer Product Use includes emissions from product washing,drying,dry cleaning and/or ironing.3 Other Value Chain include
213、s upstream energy production,waste generated in operations and licensed stores.1%Heating and Cooling2%Purchased Electricity12%Manufacturing&Processing(Tier 1)16%Manufacturing&Processing(Tier 2)31%Raw Materials6%Transportation&Distribution 16%Consumer Product Use22%Product End of Life3%Business Trave
214、l&Employee Commuting10%Non-Merchandise Spend1%Other Value Chain3FY24 GHG FOOTPRINT OVERVIEW:SCOPE 1,2 AND 31 MtCO2eScope 1:Heating&Cooling(1%)Scope 2:Purchased Electricity(2%)Scope 3:Value Chain(97%)33%Absolute Emissions Reduction4 We measure and calculate our emissions according to the World Resour
215、ces Institute Greenhouse Gas Protocol,the industry standard and international tool for carbon accounting.For a more detailed methodology,see our GC&S Supplement.CARBON FOOTPRINT(SCOPE 1,2 AND 3)(MtCO2e)4FY24FY23FY22FY21FY20(baseline)Total Emissions1,242,6731,317,3481,273,1221,237,0171,861,736Scope 1
216、 Emissions 14,67912,20611,58214,66116,248Scope 2 Emissions22,36262,38169,29178,30590,380Scope 3 Emissions1,205,6321,242,7611,192,2491,144,0311,755,107GHG Intensity(MtCO2e/$million revenue)187.39204.44204.73281.09 302.24Operations EmissionsIn recent years,increased demand for renewable electricity an
217、d disruptions in the supply chain have led to sourcing challenges in the energy marketplace.As we continue to pursue projects that will help us meet our 2025 target and bring additional renewable electricity to the grid,we are also seeking novel contract arrangements.Renewable ElectricityIn FY24,we
218、signed a 10-year Collective Virtual Power Purchase Agreement(VPPA)with 12 other Fashion Pact members.The project,located in Spain,is expected to begin operating in 2026 and will match approximately 90%of our power consumption in Europe with renewable electricity.We also sourced renewable energy attr
219、ibute certificates in North America,EMEA and APAC equivalent to 64%of our global power consumption in FY24.2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|34CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWLED LightingWe have finished ou
220、r LED lighting retrofits at two of our North Carolina distribution centers,which have resulted in a total building electricity reduction of 20%in FY24,compared to FY23.Once fully programmed and integrated,these retrofits are anticipated to decrease the total electricity used in the facilities by 35%
221、and help avoid 6,300 pounds of fluorescent light waste each year.These projects are part of a larger push to achieve LEED certification for our distribution centers in FY25.Supply Chain EmissionsA significant portion of our emissions comes from our supply chain,so we work with suppliers to set and i
222、mplement goals and plans to reduce their carbon footprint.We recognize that achieving global net zero emissions is a shared responsibility.In addition to addressing the impact within our value chain,we actively participate in and contribute to industry-wide collective movements.For example,we are me
223、mbers of the Steering Committee of the Fashion Industry Charter for Climate Action under the UNFCCC and participate in their Low Carbon Manufacturing working group and Policy working group.We are also an Apparel Impact Institute(Aii)Roundtable member,actively contributing to driving supply chain dec
224、arbonization efforts within our industry in a standardized and scalable manner.The Carbon Leadership ProgramIn FY24,we continued our roll out of the Carbon Leadership Program(CLP)through our partnership with the Apparel Impact Institute(Aii).Through the Program,we provided funding for expert technic
225、al support for nominated manufacturing facilities to establish their 2030 carbon and water reduction plans in alignment with broader industry ambitions and best practices.We expanded our CLP roll out to cover 95 facilities,representing suppliers with approximately 48%of our core fabric business volu
226、me,including 28 finished goods facilities.The average carbon reduction targets committed to by all the nominated facilities so far is 63%by 2030 compared to a 2019 baseline.We continue to engage with facilities in the program quarterly to track and review the implementation progress through Aiis Car
227、bon Target Monitoring(CTM)work.PURSUING LEED CERTIFICATION In May 2024,our two Distribution Centers in North Carolina were awarded LEED Silver certification,the first of our facilities to achieve LEED certification.LEED(Leadership in Energy and Environmental Design)is the internationally accepted be
228、nchmark for the design,construction and operation of high-performance green buildings and is a voluntary third-party rating system administered by the U.S.Green Building Council(USGBC).These certifications were achieved as part of our continuous improvement initiatives,which include employee engagem
229、ent and training,LED lighting retrofits with integrated sensor controls and operating with the Zero Waste program.2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|35CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWRenewable EnergyWe are m
230、aking progress toward transitioning our supply chain towards clean and renewable electricity.Based on the latest verified Higg FEM data,8%of the electricity across Tier 1 and Tier 2 are from on-site and/or off-site renewable energy.We currently have 21 facilities in Bangladesh,Vietnam and Cambodia p
231、articipating in on-site solar programs in partnership with Cascale and GIZ PDP.The program supports interested facilities in conducting pre-feasibility assessments,developing a business case for top management,and tendering and connecting suppliers to solar contractors and investors.Additionally,the
232、 program provides support throughout the implementation of on-site solar power.We also encourage capacity building on on-site/off-site renewable energy to our suppliers through Aii CLP.Coal Phase OutAs we continue expanding visibility into our upstream value chain through transparency and traceabili
233、ty work,we are committed to identifying and working with suppliers to phase out on-site coal consumption.Our goal is to phase out coal from our Tier 1 and Tier 2 manufacturing facilities by the end of 2025.We support our suppliers in this journey by enrolling them in programs to set GHG,energy and w
234、ater reduction roadmaps.Globally,we have identified 74 active on-site coal-using facilities(Tier 1 and Tier 2),35 of which have successfully phased out coal to date,with the rest on track to meet the 2025 goal.In November 2022,we ceased onboarding any new facilities with on-site coal.For the existin
235、g facilities with on-site coal usage that were onboarded prior to November 2022,we require written coal phase out commitments and action plans from facilities and track their progress quarterly.Transportation and DistributionOur Scope 3 footprint includes emissions from product transport such as tra
236、in,ocean,air and truck freight.To reduce costs and mitigate environmental impact,we prioritize efficiency when choosing how to transport products to our distribution centers.We only allow vendors to deliver products by air in rare circumstances,such as when production does not meet delivery deadline
237、s.Our logistics provider selection process continues to include and consider candidates sustainability practices from the presence of existing company sustainability strategy to working with some parcel carriers to develop performance measurement and continuous improvement plans.In FY24,air freight
238、managed directly by us was 5.8%compared to 7.6%in FY23.This decrease was due to ongoing improvements in our buying practices and inventory strategy as well as fewer production delays.AIR FREIGHT(%OF SHIPMENTS)FY216.7%FY245.8%FY237.6%FY2214.5%2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|36CREATE WIT
239、H INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWOur Approach We are committed to reducing water consumption across our value chain.We strive to conserve water throughout our operations,and support our suppliers to improve their water use effici
240、ency and responsibly manage wastewater.We also engage in programs aimed at helping improve community access to this essential resource.Water Stewardship2025 GOALAchieve at least a 20%reduction in total water use across our operations and value chain,compared to a FY20 baselineWATER FOOTPRINTWe reduc
241、ed our water use by 26%in FY24 from our FY20 baseline.This reduction was mainly driven by a reduction in units produced,as a result of our corporate strategy,as well as water stewardship efforts across our supply chain.FY24FY23FY22FY21FY20 Manufacturing&Processing10,663,521 m3(98%)10,836,188 m3(97%)
242、11,087,765 m3(98%)9,661,765 m3(97%)14,573,646 m3(98%)Owned&Operated Facilities268,481 m3(2%)314,415 m3(3%)263,541 m3(2%)253,000 m3(3%)296,669 m3(2%)Total10,932,002 m311,150,603 m311,351,306 m39,914,765 m314,870,315 m3Our ActionsWater in Our Supply ChainOur industry depends on water for fiber crop ir
243、rigation,dyeing and washing in manufacturing and management of facilities.We continuously evaluate water use across our value chain,looking for ways to drive efficient water management and support our suppliers in setting and reaching water reduction goals.We work with a third-party expert to analyz
244、e water hotspots in our supply chain and identify priority areas for improving water use practices in manufacturing and production.Based on the findings from the analysis conducted in FY24,it was identified that water use in our mills and vertical suppliers with wet processing constitutes a signific
245、ant portion of our water footprint.Additionally,we leverage the World Wildlife Fund(WWF)water risk filter to help us prioritize and engage in targeted supplier engagement in reducing our water impact.TOTAL WATER USE IN OUR OPERATIONS FY24Total Facility Water Use:268,481 m349%Retail32%Office19%Distri
246、bution Center26%Total Water Use Reduction 2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|37CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWWater EfficiencyOur Company is committed to achieving a minimum 20%reduction in total water cons
247、umption throughout our operations and value chain by the end of 2025.In parallel,we continued our direct collaboration with suppliers to improve water management through the adoption of more water-efficient processing for our materials and product manufacturing.Over the past year,we continued to wor
248、k with our suppliers to shift from traditional finishing setups to more water-efficient techniques where available.As a result of these processing choices,in FY24 we estimate the avoided use of 200,000 m3 of water.We have been actively seeking innovations,ranging from chemical to machine,that impact
249、 various phases of our products manufacturing life cycle.Notably,as the dyeing and finishing of cotton products are water intensive processes,we engage in trials with both startups and established companies to explore innovative solutions aimed at reducing water consumption across the pretreatment,d
250、yeing and rinsing stages of product manufacturing.These innovations have the potential to substantially impact water usage,energy consumption and carbon emissions in our supply chain.The Carbon Leadership ProgramWe continue to support our partners in setting facility-level water reduction targets th
251、rough the Carbon Leadership Program,whereby nominated facilities set 2025 and 2030 water reduction targets,then create corresponding roadmaps to reach these goals.Based on the roadmaps developed and committed to by the nominated facilities,we estimate 22 million m3 of aggregate water consumption cou
252、ld be saved annually by 2030.Water efficiency projects have been identified as having the highest potential for reduction,followed by water recycling projects,which,on average,reduce freshwater usage by 16%and 13%,respectively.For example,specific actions such as using low liquor ratio baths for dye
253、ing machines,reusing water in the dyeing system and retrofitting existing dyeing machines have been identified as the most effective water-saving measures.We also work closely with our suppliers to track progress and support capability building and collective action programs.Supporting Improved Wate
254、r Access and ManagementAddressing water challenges across our value chain goes beyond water use in manufacturing,which is why our approach to water stewardship includes supporting organizations providing clean water for those in need and engaging in joint efforts to improve water management at scale
255、.SUPPLY CHAIN WATER USE BY SOURCE54.8%Municipal28.7%Groundwater9.0%Produced/Processed Water6.0%Surface Water0.6%General or Unknown Origin0.1%Rainwater0.8%Wastewater from Another OrganizationSUPPLY CHAIN WATER USE BY FACILITY TYPE2,468,443 m3(23%)Tier 1 Factory3,603,605 m3(34%)Tier 1 Subcontractor4,5
256、91,472 m3(43%)Tier 2 Fabric Mill 2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|38CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWWorld Wildlife Fund PartnershipThrough our ongoing partnership with World Wildlife Fund(WWF),we have regu
257、larly conducted comprehensive water risk analyses,enabling us to identify water-stressed basins in our supply chain,prioritize action and provide funding to improve watershed health in those locations.In FY24,we began the third year of our current 3-year partnership,which included continued particip
258、ation in WWFs Noyyal-Bhavani Collective Action Program.This program is focused on ensuring that,by 2030,the Noyyal and Bhavani sub-basins of the Cauvery River in Southern India are healthy ecosystems that ensure water security for people and nature.In addition to addressing regional textile industry
259、 impacts on freshwater,the program also focuses on improving farming water management practices,protecting freshwater biodiversity,clearing invasive species,improving groundwater supply and restoring vital habitats and wetlands.Over the past three years,a total of 50 clean-tech facility assessments
260、have been completed through the program,enabling the identification of nearly 500 specific recommendations for water,energy and other operational improvements.Facilities that have adopted these recommendations have achieved a total water savings of more than 209,000 m3 per year.The Ralph Lauren Corp
261、orate Foundation has also made several commitments to improve access to clean water,as well as sanitation and hygiene around the world.More information on these Foundation and Company efforts can be found in the Community Engagement&Philanthropy section of this report.58,000 approximate number of pe
262、ople benefited by 58 total water pumps funded with GiveMeTap including 15 new pumps in FY24GIVEMETAP PARTNERSHIPSafe drinking water is the most primary of human needs,yet worldwide,one in three people do not have access to this vital resource.To help address this disparity,we partner with GiveMeTap,
263、which works to provide clean,safe drinking water sources to rural communities in Africa,while also reducing single-use plastic waste.To date,our partnership has funded 58 water pumps in communities,primary schools and health centers including 15 new pumps in FY24.These water pumps directly benefit a
264、pproximately 58,000 people in the Upper West Region of Ghana and alleviate the need for miles-long walks to the nearest water source,allowing children to stay in school and women to pursue work,while reducing the risk of life-threatening disease.This trip helped me understand how privileged we are t
265、o have water and safe shelter.I learned that will can make the impossible,possible.“NAOKO YOKOOAdministrative Assistant,Omotesando Operations”2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|39CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVER
266、VIEWOur Approach We are committed to conserving natural resources by managing waste responsibly.We work to minimize waste in our operations and divert waste from landfill and incineration through donation,reuse and recycling.Our goal is to continue incorporating zero-waste principles throughout our
267、business practices.Our ActionsIn Our OperationsWe are proud to have diverted 94%of waste from landfill and incineration across our distribution centers,meeting the Zero Waste International Alliance definition of zero waste.1 Many efforts contributed to this milestone,including our FY24 initiative to
268、 replace fluorescent lights with longer-lasting LED lights at two of our North Carolina distribution centers,which will reduce the volume of fluorescent lights disposed of by 6,300 pounds annually.We expect to maintain at least a 90%diversion level and seek ongoing improvements in waste diversion an
269、d reduction at all facilities.Our Waste Working Group has established partnerships in several regions to support our waste diversion efforts.This includes piloting and partnering with new recycling vendors globally to identify higher value uses for our excess materials.We also prioritize disposition
270、 methods that extend the life of our products with donations and employee sales as a first option.We are continually working to identify actions we can take in our corporate offices that contribute to waste reduction and diversion.For example,we have an ongoing partnership with FABSCRAP to recycle a
271、nd reuse sample fabric,leading to approximately 13,000 pounds of fabric diverted from landfill in FY24.We have also implemented composting at our corporate headquarters in New York City,which resulted in keeping over 20 tons of organic waste out of the landfill in FY24.PackagingIn FY24,we continued
272、to make progress toward our sustainable packaging goal,including:Beginning a shift to 100%recycled plastic fasteners,which will continue in the coming yearsWaste Management2025 GOALAchieve 100%recyclable,reusable or sustainably sourced packaging materials by the end of 202594%Diversion rate of waste
273、 from landfill and incineration across our distribution centers1 Using the Zero Waste International Alliance definition of zero waste,we will divert more than 90%of the waste generated at our distribution centers from landfill and incineration.2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|40CREATE W
274、ITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWWASTE GENERATED AT OUR FACILITIESMETRIC TONSDIVERSION RATEDistribution Centers 6,94594%Stores2,48484%Offices61963%Total10,04889%79%of our total packaging volume met at least one of our sustainab
275、le packaging criteria in FY24 compared to 73%in FY23EXCESS INVENTORY MANAGEMENT PRINCIPLES These principles guide our approach to limiting excess inventory and maximizing waste diversion across our value chain.Prevent Excess at SourcePursue Expanded Sales ChannelsMaximize Product or Materials Next L
276、ifeDonate for Positive ImpactRecycleDisposeLEAST PREFERREDMOST PREFERRED Transitioning to alternatives for much of our lock,seal and string volume that contain recycled materials and FSC-certified paper Making our adult clothing hangers from 80%or more recycled content We also continued piloting pap
277、er-based alternatives to polybags used in North American Polo Retail Outlets and e-commerce,and kicked off work to begin phasing out polyvinyl chloride(PVC)in our packaging.Of our total packaging volume,79%met at least one of our sustainable packaging criteria in FY24,compared to 73%in FY23.Managing
278、 Excess InventoryOur Excess Inventory Management Principles continue to guide our approach for limiting excess inventory and maximizing waste diversion.Through our Fabric First Initiative,we are focused on decreasing lead times in production,allowing us to keep our orders as close as possible to mar
279、ket demand.In FY24,this initiative helped increase flexibility in our supply chain,resulting in significant waste reduction.We also continued to prevent excess by decreasing the amount of product purchased specifically for sale at Polo Retail Outlets and increasing the amount of product originally o
280、ffered through other channels(e.g.,wholesale)for sale at Polo Retail Outlets.In FY24,we tested our new predictive buying model,an AI-driven purchasing tool that allows for more accurate forecasting,in our European stores.Based on the success of this pilot,we plan to continue scaling its use to an ex
281、panded range of categories and markets over time,allowing us to forecast demand more accurately,so we can reduce overproduction and lessen excess inventory.We are committed to identifying and applying sustainable options for managing excess and damaged products.In the past year,we continued to incre
282、ase diversion of excess inventory with new and expanded recycling and donation partnerships globally.2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|41CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWOur Approach We monitor and reduce ha
283、zardous chemical use and discharge,as we are committed to using safer and more sustainable chemicals throughout our business to address their human and environmental impact.We view chemical management as a continuous and collaborative effort to ensure there is no intentional use and discharge of haz
284、ardous chemicals in our industrys collective supply chain.The chemistries and chemical applications in our industry continue to develop and evolve.In FY24,in keeping with the industry-wide developments,we enhanced our chemical management strategy,developed more targeted impact measurement and implem
285、ented broader integration into our business.Our Sustainable Chemical Management Policy outlines our approach to assessing the impacts of the chemicals in our supply chain and partnering with our manufacturers on responsible chemical management practices.Our ActionsZero Discharge of Hazardous Chemica
286、ls ProgrammeRalph Lauren is a signatory in the Zero Discharge of Hazardous Chemicals(ZDHC)Programme,a sector-wide coalition aimed at advancing the industry toward zero discharge of hazardous chemicals.Through this partnership,we collaborate with peers and experts to eliminate the use and discharge o
287、f these chemicals across our apparel supply chain.Since 2020,we have adopted the ZDHC Manufacturing Restricted Substances List(MRSL)and ZDHC-approved Chemical Inventory List Management Tools to enable our suppliers to track and report on all chemicals used in the creation of our products,and priorit
288、ize the substitution of harmful chemicals with safer,MRSL-conformant alternatives.The MRSL and the industrys collective work in sustainable chemicals management continues to evolve.New materials,safer and more sustainable alternatives,chemical testing,tools and technologies continue to develop over
289、time.We are advancing toward the full elimination of hazardous chemicals in our global supply chain,and we are committed to continuing to do so as our industry evolves.In FY24,we continued expanding our visibility into chemical products used in our manufacturing supply chain,as well as their conform
290、ance status with the MRSL.We currently have visibility into chemical inventories of our Tier 1 manufacturing facilities representing 91%of our business volume,compared to 79%in FY23.Of the chemicals reported,84%conform with the Chemical ManagementCOMMITMENTWe are committed to using safer and more su
291、stainable chemicals throughout our business to address their human and environmental impact184%Of chemicals reported in Tier 1 manufacturing facilities conform to the MRSL1 In FY24,we established a new commitment for chemical management to replace our previous goal(“Eliminate the use of hazardous ch
292、emicals in our supply chain by 2025”),to align with the industry-wide shifts towards a more holistic chemical management approach prioritizing safety,sustainability and continuous improvement.2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|42CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIV
293、ESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWCHEMICAL INVENTORY VERIFICATION The quality of MRSL conformance data for chemical products used in our manufacturing supply chain depends on the accuracy and completeness of the chemical inventory uploaded by our suppliers.In FY24,we piloted ZDHC
294、s chemical inventory verification methodology,including an additional step to verify the commodity chemical products used in our supply chain.Thirty-six finished goods facilities with wet processing were nominated to the pilot,and the result showed that 100%of them achieved an overall pass result,wi
295、th an average of 96%of chemical products verified as compliant with the ZDHC standard.MRSL.In our Tier 2 supply chain,we have chemical visibility on 63%of our woven,knit and sweater core fabric business volume.Additionally,94%of the chemicals reported conform with the MRSL.We are working closely wit
296、h suppliers to achieve full MRSL conformance by the end of 2025 and beyond.In addition to ensuring chemical transparency and MRSL conformance,we evaluated the operational aspects of chemical management at the facility level using the Chemical Management section in the Higg FEM.In FY24,our Tier 1,Tie
297、r 2 suppliers and subcontracted facilities achieved average scores of 26,28 and 28 points,respectively.To guide and align our efforts to eliminate the use and discharge of hazardous chemicals with the industrys standards and best practices,we implement the ZDHC MRSL Wastewater Guidelines which provi
298、de clear guidance in effluent testing methods,parameters,limits and reporting approach as a way to confirm that our manufacturing facility is not discharging hazardous chemicals to the environment.While the wastewater test is only a snapshot of the effluent quality of the facility,we require annual
299、testing at a minimum,which allows us to follow up and address any nonconformance from its source through a root cause analysis approach that aligns with the ZDHC.This helps inform both the facility and Ralph Lauren on targeted chemicals phase out at the facility level.In FY24,86%of our Tier 1 facili
300、ties and 59%of our Tier 2 core fabric facilities by business volume,have performed the wastewater test in accordance with the Guidelines.Of all the facilities that performed the test,72%are in compliance with the ZDHC requirements,and out of the substances screened 99.7%comply with the ZDHC standard
301、.Eliminating Priority ChemicalsWe currently ban the intentional use of the following:PFAS(per-and polyfluoroalkyl substances)in water repellent/resistant fabrics.PFAS have been incorporated into our product testing manual to ensure product compliance with our RSL standard.PVC(polyvinyl chloride)in a
302、ll materials and prints.PVC has been incorporated into our product testing manual to ensure that our prints are not PVC-based.PP(potassium permanganate)in our denim washes.We are on track to phase out the use of PP spray in non-denim products as well.2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|43C
303、REATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWOur ApproachAs ecosystems and species are increasingly threatened,we are committed to leveraging science and globally recognized frameworks to understand and address our key impacts on na
304、ture by:Identifying ways to avoid new negative impacts and reduce existing ones,where possible Developing strategies to restore and regenerate ecosystems in our value chain Identifying opportunities to engage in transformative,systems-level efforts to address causes of nature lossWe have begun work
305、to establish a strategy and goals in alignment with Science Based Targets for Nature.Our approach will be integrated and built upon our existing initiatives in areas such as climate change and water stewardship.Biodiversity impacts all aspects of our value chain,so as we continue on our nature strat
306、egy development journey,we will seek to engage our supply chain partners in our goals and initiatives.Our ActionsIn FY24,we began leveraging the Science Based Targets(SBTs)for Nature methodology to shape our biodiversity goals and strategy.Through our engagement with Quantis,a leading environmental
307、sustainability consultancy,we conducted a formal assessment of our nature-related impacts.Specifically,we completed Steps 1 and 2,which included conducting a fashion and retail sector materiality assessment,determining where we have the greatest impact within our value chain given our material use,a
308、nd prioritizing the areas of highest nature impact.Following the SBTs for Nature methodology,our assessment took a location-specific and commodity-specific approach,examining the most pressing nature issues for us which include water quantity,water quality,soil pollution,land use change,land use and
309、 biodiversity as well as identifying key raw materials to prioritize,in particular cotton and cashmere.Looking ahead,we will leverage findings from Steps 1 and 2 to inform the development of a comprehensive nature strategy and goals that will cover impact areas such as water,land use and ecosystem e
310、ngagement.Biodiversity2024 GOALDevelop a biodiversity strategy and set goals aligned with the Science Based Targets for Nature by 2024 2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|44CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWASS
311、ESSPRIORITIZESET TARGETSACTTRACK12345 Step 1a:Conduct a fashion and retail sector materiality assessment Step 1b:Understand impact location throughout Ralph Laurens value chain Identify Ralph Laurens influence on the value chain Prioritize areas of highest nature impact Model selection through stake
312、holder consultation Measure baseline values Set target Avoid Reduce Monitor Report Restore&Regenerate Transform VerifyOUR BIODIVERSITY JOURNEYUsing the SBTs for Nature methodology we are shaping our nature goals and strategy.Addressing DeforestationDeforestation and land conversion are key drivers o
313、f biodiversity and habitat loss.For a third year,we purchased Impact Partnership Incentives through the Textile Exchange Leather Impact Accelerator(LIA).Impact Partnership Incentives directly supports Produzindo Certo,an on-the-ground organization working with cattle farms in Brazil.It seeks to impr
314、ove their practices to achieve animal welfare certification within three years and have their farms third-party verified as deforestation/conversion-free annually.In FY24,our support for LIA helped to empower eight cattle farms in Brazil to work towards achieving Textile Exchanges benchmarked standa
315、rds for animal welfare and zero deforestation.Partnerships and EngagementOur business,industry and the communities we are a part of depend on healthy,well-functioning natural ecosystems.A key aspect of our sustainable materials and biodiversity strategy is to pioneer,foster and scale impact through
316、industry partnerships and engagements.We continue to actively engage with The Fashion Pacts biodiversity pillar,which is focused on supporting members with developing biodiversity strategies aligned with SBTs for Nature,identifying pathways for reducing nature impacts of key materials and driving co
317、llective action at the landscape level.Shaping a business that is timeless means building relationships that stand the test of time and focusing on causes and actions that simultaneously benefit our communities,our teams and our Company.Thats why were committed to helping people thrive today and bui
318、lding a brighter future for tomorrow.Champion Better LivesEXPLORE THIS SECTION46 DIVERSITY,EQUITY&INCLUSION53 EMPLOYEE WELL-BEING56 COMMUNITY ENGAGEMENT&PHILANTHROPY69 RIGHTS&EMPOWERMENT IN THE SUPPLY CHAINCREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT I
319、NTRODUCTION&OVERVIEW 45 2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|46CREATE WITH INTENTPROTECT THE ENVIRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWOur ApproachOur Purpose,to inspire the dream of a better life through authenticity and timeless style,drives us to
320、 create a culture of diversity,equity,inclusion and belonging inside our Company and throughout the communities we serve.Our Diversity,Equity&Inclusion(DE&I)strategy consists of three pillars talent,engagement and education and is designed to create a culture of belonging,attract and retain diverse
321、talent and offer opportunities that enable all people to thrive.Diversity,Equity&InclusionONGOINGReach 87%favorability on responses to“Ralph Lauren is committed to diversity and inclusion in the workplace”in the employee surveyReach 80%favorability on responses to“my manager champions diversity and
322、psychological safety”in the employee surveyEnsure at least one person of color(U.S.only)and one female candidate interviewed for 80%of VP-level and above open rolesEnsure at least one minority business enterprise or female supplier included in 50%of open requests for proposalRECOGNITION Global:Forbe
323、sWorlds Best Employers 2023Best Employers for Women 2023Best Employers for Diversity 2024North America:Parity.Org2023 Best Companies for Women to Advance 2023 Best Companies for People of Color to AdvanceNewsweek Americas Greatest Workplaces 2023Americas Greatest Workplaces for Women 2023Americas Gr
324、eatest Workplaces for LGBTQ+2023Americas Greatest Workplaces for Diversity 2023&2024Australia:Great Place to WorkBest Workplaces for WomenKorea:Prime Ministers award for “Excellent Gender Equality and Inclusion Culture”2024 GLOBAL CITIZENSHIP&SUSTAINABILITY REPORT|47CREATE WITH INTENTPROTECT THE ENV
325、IRONMENTCHAMPION BETTER LIVESGOVERNANCE2024 GC&S SUPPLEMENT INTRODUCTION&OVERVIEWOur ActionsEmployee ExperienceAnnually,we conduct an engagement and enablement survey to gain feedback from employees.In FY24,we established a new global goal related to the question we ask employees regarding whether p
326、eople leaders“champion diversity and psychological safety,”and in FY24 we met our goal with responses 80%favorable.To understand employee sentiment related to DE&I,we also ask employees to react to the statement“Ralph Lauren is committed to DE&I in the workplace.”In FY24,responses were 85%favorable.
327、TalentAt Ralph Lauren,we are dedicated to cultivating a culture where every team member feels like they belong.Our mission extends beyond assembling diverse teams,it involves embedding the principles of inclusion and belonging into the fabric of our organization,ensuring these values are a top prior
328、ity enterprise-wide and ensuring there are opportunities for all talent to elevate into our leadership ranks.Early Career TalentTo enhance diverse representation within our early talent pool and ensure our early career talent reflects the communities we serve,we leverage two distinct talent pipeline
329、s undergraduate and MBA students.As we deepen our partnerships with professional organizations and educational institutions,we have incorporated baseline criteria to focus our engagement with partners that align with our Company values,beliefs and business objectives.Examples of this include:Partner
330、ships with 12 historically Black colleges and universities(HBCUs),via our Company and the Foundation,including scholarships,mentorship and development opportunities.For more information on our HBCU scholarships,see the Community Engagement&Philanthropy section of this report.Launching our UK-based i
331、nternship program with Rio Ferdinand Foundation in FY24,allowing four emerging leaders to participate in a year-long internship with Ralph Laurens teams.This supports our work together to create opportunities for young people to tackle inequality,achieve their personal potential and drive social cha
332、nge.Membership in the New York Jobs CEO Council,a coalition of employers focused on providing access to high-potential jobs for low-income New Yorkers,and those within Black,Hispanic/Latinx and Asian communities,including students from the City University of New York(CUNY)system.Through this coaliti
333、on,we have deepened our relationship with CUNY schools and provided their students access to our early career opportunities.85%of employees believe Ralph Lauren is committed to DE&I in the workplaceSECOND CHANCE BUSINESS COALITIONIn FY24,Ralph Lauren joined the Second Chance Business Coalition(SCBC),a cross-sector coalition of large,private-sector firms committed to expanding second chance hiring