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