We appreciate your interest in Foot Locker, Inc. and our corporate social responsibility (“CSR”) efforts.
At Foot Locker, we continuously strive to bring real value to all of our stakeholders. Stakeholders increasingly want to know that the company they are buying from, investing in, working for, or doing business with is not only delivering strong financial returns, but also acting responsibly and ethically. They look to companies like ours to be good corporate citizens that value their employees, give back to their communities in meaningful ways, and actively address the impact their operations may have on the environment, while simultaneously delivering strong financial performance and long-term shareholder value.
Our global CSR efforts are part of the fabric of who we are and reflect our core values of integrity, leadership, excellence, service, team work, innovation, and community. At Foot Locker, we are focused on bringing value to the world in which we live and do business—by providing value for our customers in the form of product assortment; understanding the importance of a diverse workplace and inclusive culture; adding value in our neighborhoods by helping people access the resources and opportunities they need to build a better future; and sustaining value by making decisions that are good for the environment as well as our business. We have a global cross-functional CSR team, including representatives from our Legal, Human Resources, Supply Chain, Sourcing, Real Estate, and Product teams, to monitor our CSR efforts. The Governance Committee of the Board oversees our CSR program, including climate-related risks, and receives regular updates from management.
We appreciate the opportunity to update all of you on the exciting progress we are making in each of these areas. Our CSR priorities are focused on Human Capital Management; Community; Worker Dignity; and Environmental Sustainability.
We will continue to keep you informed about our CSR efforts, generally after the end of each calendar year. While important progress to enhance our disclosure has already been made, we are on a journey—continuously working to improve our reporting and develop specific CSR goals. We believe that the Sustainability Accounting Standards Board (“SASB”) provides a clear set of standards for reporting sustainability information across a wide range of issues. For evaluating and reporting climate-related risks, the Task Force on Climate-related Financial Disclosures (“TCFD”) provides a valuable framework. We continue to make progress towards SASB- and TCFD-aligned reporting. We will continue to increase the use of metrics to better demonstrate our progress so that our efforts are transparent for our stakeholders. This process will be more evolutionary than revolutionary, but our goal is to make progress each year. We look forward to sharing more with you over time.