Climate Change Data

Foot Locker, Inc.

Climate Impact & Sustainability Data (2020, 2022)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Diversity, Inclusion, and Belonging
  • Social Responsibility
  • Sustainability
  • Community Investment
  • Black workforce and communities support

Environmental Achievements

  • Participating in the Carbon Disclosure Project platform, including improving our global emissions profile in fiscal 2020.

Social Achievements

  • Committing to investing $200 million over the next five years to support our Black workforce and communities through our Leading in Education and Economic Development (LEED) initiative.
  • Partnership with Rock the Vote, registering voters at over 2,000 locations.
  • Donated over $1.5 million in footwear to youth communities affected by the pandemic.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • COVID-19 pandemic causing temporary store closures and supply chain disruptions.
  • Social unrest affecting sales and operations.
  • Increased global competition and higher consumer expectations.
Mitigation Strategies
  • Strong balance sheet and employee engagement allowed for quick adaptation and resilience.
  • Accelerated digital transformation to meet changing consumer buying patterns.
  • New organizational structure to sharpen consumer focus.
  • Expense reductions, lease concessions, inventory management, and temporary workforce reductions to preserve cash.
  • Repaid credit facility and exited 2020 with strong cash position.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Diversity, Inclusion, and Belonging
  • Climate Change
  • Community Investment
  • Human Rights
  • Supply Chain Sustainability

Environmental Achievements

  • Announced ambition to achieve Net Zero GHG emissions by 2050 or sooner.
  • Committed to setting a science-based target in line with SBTi criteria.

Social Achievements

  • LEED initiative empowered Black entrepreneurs and designers, invested in Black-led venture capital firms and Black and other underserved communities, and supported Black team members through education and career development opportunities.
  • Foot Locker Foundation provided $560,000 in scholarships in 2022 and roughly $4 million over 10+ years.
  • Foot Locker Foundation supports United Negro College Fund, Two Ten Footwear Foundation, and Boys & Girls Clubs of America.

Governance Achievements

  • Smooth CEO succession from Dick Johnson to Mary Dillon.
  • Separation of Chair and CEO roles.
  • Establishment of Technology Committee and disbanding of Finance Committee.

Climate Goals & Targets

Long-term Goals:
  • Net Zero GHG emissions by 2050 or sooner.
Medium-term Goals:
  • Achieve $9.5 billion annual revenue and 8.5–9% EBIT margin by 2026.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Global Sourcing Guidelines requiring suppliers to respect employment standards

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: SASB, TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Best Workplaces in Chicago and Texas
  • CANDE Award winner in APAC, EMEA, and North America
  • Human Rights Campaign Corporate Equality Index score of 90/100
  • Forbes’ 50 Most Engaged Customer List (No. 4)
  • Best Employers for Women in Canada
  • America’s Best Employers in Canada
  • World’s Best Employers
  • 100 Best Workplaces for Diversity
  • Best Workplaces in Retail and New York
  • Certified Great Place to Work
  • Newsweek Top-Rated Workplace
  • NACD NXT Recognition Award for Board Diversity
  • America’s Best Customer Service
  • America’s Greatest Workplaces for Diversity
  • 100 Companies that Care