We appreciate your interest in Foot Locker, Inc. and our environmental, social, and governance (ESG) strategy.
Our commitment to ESG—built on a strong foundation of transparency, governance, and ethics—creates value for Foot Locker, Inc. and our stakeholders. Our 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. They look to companies like ours to be good corporate citizens that value their team members, give back to their communities in meaningful ways, and actively address the impact their operations may have on the environment.
Our global ESG strategy is focused on the following four pillars:
We recognize that this is a journey. The way in which we achieve our purpose is just as important as the outcome itself. Over the past four years, we have improved the ESG impacts of our business, measured the impact we are making, and communicated with our stakeholders. We view reporting as an ongoing process and expect our public disclosures to continue to evolve. We are fully committed to building on our progress and strengthening our vision for a more sustainable world. In 2021, we arrived at an important milestone in our journey as we published our inaugural Impact Report covering two fiscal years (2019-20). 2022 marked a pivotal moment for our Company, as we announced our ambition to achieve Net Zero greenhouse gas (GHG) emissions by 2050 or sooner; we also published our second Impact Report covering fiscal year 2021 consistent with the Sustainability Accounting Standards Board (SASB) and Task Force on Climate-related Financial Disclosures (TCFD) reporting standards, which highlights our continued investment and progress towards our ESG priorities. In addition, we obtained third-party independent limited assurance of certain ESG metrics in our Impact Report.
To learn more about our global ESG strategy, please review our Impact Report.