Climate Change Data

RH

Climate Impact & Sustainability Data (2019, 2020)

Reporting Period: 2019

Environmental Metrics

Waste Generated:330 tons/year

ESG Focus Areas

  • Compliance & Product Safety
  • Philanthropy
  • Responsible Sourcing
  • Environmental & Sustainability

Environmental Achievements

  • Diverted over 660,000 pounds (330 tons) of product from the landfill in 2019.
  • RH Austin, The Gallery at The Domain is a LEED Gold Certified building.
  • Distribution center in Patterson, California is a LEED Gold Certified building.
  • Restoration of several historic and landmark buildings.

Social Achievements

  • Maintained a diverse workforce.
  • Partnered with Fair Working Conditions and GoodWeave to audit for child and forced labor issues in the supply chain.
  • Donated close to $37 million of product at cost to a variety of charities and non-profit organizations over the last five years.

Governance Achievements

  • Adopted a code of ethics for our chief executive officer and senior financial officers.
  • Adopted a code of business conduct applicable to our associates, officers and directors.
  • Adopted stock ownership guidelines applicable to all directors and executive officers.

Climate Goals & Targets

Environmental Challenges

  • COVID-19 pandemic impacting business introductions, capital spending, and necessitating cost reductions.
Mitigation Strategies
  • Deferred new business introductions and capital spending.
  • Reduced costs to navigate short-term challenges.

Supply Chain Management

Responsible Procurement
  • Vendor Code of Conduct
  • Conflict Minerals Policy

Climate-Related Risks & Opportunities

Awards & Recognition

  • Circle of Good Award from Good360
  • Community Donor Award from Habitat for Humanity Greater Vancouver
  • Preservation Achievement Award from the Boston Preservation Alliance

Reporting Period: 2020

Environmental Metrics

Total Energy Consumption:59,827,479 kWh/year (2020)
Waste Generated:320 tons/year (2020)

ESG Focus Areas

  • Product Safety & Compliance
  • Responsible Sourcing & Vendor Compliance
  • Environmental & Sustainability
  • Philanthropy

Environmental Achievements

  • More than 660,000 pounds (330 tons) of waste diverted from landfills in 2019 and 639,000 pounds (320 tons) diverted in 2020
  • Steady lowering of energy consumption throughout U.S. and Canadian operations (65,900,772 kWh in 2018 to 59,827,479 kWh in 2020)
  • RH Austin, The Gallery at The Domain (LEED Gold Certified building)
  • Distribution center in Patterson, California (LEED Gold Certified building)
  • Distribution center in Ontario, California (LEED Certified building)
  • Restoration of historic buildings in Boston, Chicago, Greenwich, and New York

Social Achievements

  • Partnered with Habitat for Humanity, donating products and design services
  • Implemented a salary deferral program and other measures in response to the COVID-19 pandemic
  • Maintained a diverse workforce

Governance Achievements

  • Adopted a Code of Ethics for CEO and senior financial officers
  • Adopted a Code of Business Conduct for associates, officers, and directors
  • Established a Disclosure Committee
  • Formally established a charter for the Chief Compliance Officer in 2020
  • Adopted stock ownership guidelines for directors and executive officers

Climate Goals & Targets

Environmental Challenges

  • COVID-19 pandemic and its impact on business operations
  • Supply chain disruptions
Mitigation Strategies
  • Temporarily closed retail locations and restaurants
  • Curtailed expenses and delayed investments
  • Implemented workforce restructuring, including layoffs and furloughs
  • Implemented salary deferral program
  • Reopened retail and restaurant locations with safety measures in place

Supply Chain Management

Responsible Procurement
  • Vendor Code of Conduct
  • Social Compliance and Product Safety programs
  • Partnerships with Fair Working Conditions, GoodWeave, and Label STEP

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Products incorporating recycled and repurposed wood
  • GREENGUARD Gold certified RH Baby & Child merchandise

Awards & Recognition

  • Community Donor Award from Habitat for Humanity Greater Vancouver
  • Circle of Good Award from Good360
  • Preservation Achievement Award from the Boston Preservation Alliance