Climate Change Data

QURATE RETAIL, INC.

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Diversity, Equity, & Inclusion

Social Achievements

  • Launched and expanded Team Member Resource Groups to promote employee connections, career development, community impact and consumer and marketplace growth.
  • Delivering DEI training to all employees via online modules, videos, and e-learning experiences.
  • Continuing efforts to attract and grow diverse talent and suppliers, offer inclusive product assortments, and ensure broad representation in marketing, digital, and on-air activities.

Climate Goals & Targets

Environmental Challenges

  • COVID-19 pandemic and its impact on the economy, customers, vendors, and business operations.
  • Supply chain disruptions due to factory closures, shipping delays, and labor shortages.
  • Product shortages due to high market demand.
  • Shipping disruptions due to global supply chain and labor market challenges.
  • Increased product costs due to inflationary pressures.
  • Fire at the Rocky Mount distribution center.
  • Staffing issues and labor shortages.
  • Increased wages and incentives to attract and retain employees.
Mitigation Strategies
  • Mandated work-from-home for non-essential employees.
  • Implemented increased cleaning protocols, social distancing measures, and temperature screenings.
  • Reduced the number of people on-site at facilities.
  • Diverted inbound deliveries to other distribution facilities.
  • Evaluating secondary facilities to supplement fulfillment and returns demand.
  • Assessing damage and submitting insurance claims related to the Rocky Mount fire.
  • Received an advance of $100 million from insurance provider.
  • Increased wages and offered incentives to address labor shortages.

Supply Chain Management

Climate-Related Risks & Opportunities