Climate Change Data

Columbia Sportswear Company

Climate Impact & Sustainability Data (2020, 2022)

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Diversity and Inclusion
  • Sustainability
  • Governance

Environmental Achievements

  • Worked with partners to support the Great American Outdoors Act.
  • Signed onto a letter supporting the Great American Outdoors Act and collaborated with other brands on an op-ed in Outside magazine.
  • Partnered with Patagonia to file an Amicus Brief supporting the striking down of the Affordable Clean Energy Rule.
  • Signed the “America is All In” joint declaration supporting climate action.
  • Publicly expressed support for President Biden’s Executive Order on the 30x30 initiative.
  • Founding member of the Outdoor Industry Association’s Climate Action Corps.
  • Signatory of the Ocean Conservancy’s Arctic Shipping Pledge.
  • Committed to reducing the manufacturing portion of its carbon footprint by 30% by 2030.

Social Achievements

  • Expanded employee donation match program to double-match donations to organizations combating racial injustice (resulting in over $300,000 in donations).
  • Established a Diversity, Equity and Inclusion (“DEI”) Leadership Team.
  • Activated three new employee resource groups: the Black Employee Network and Friends, ¡Vamos Unidos!, and the Veterans Employee Resource Group.
  • Partnered with LinkedIn Learning to promote DEI content challenges for employees.
  • Created engagement and developed department-level DEI activities.

Governance Achievements

  • Board appointed John W. Culver to fill a vacancy.
  • Board formalized its role in ESG efforts, with each committee playing a unique role in oversight.
  • Nominating and Corporate Governance Committee monitors Board composition and conducts annual evaluations.

Climate Goals & Targets

Medium-term Goals:
  • Reduce manufacturing carbon footprint by 30% by 2030

Environmental Challenges

  • COVID-19 pandemic significantly impacted financial performance due to store closures, reduced operating hours, decreased retail traffic, order cancellations, and supply chain disruptions.
Mitigation Strategies
  • Smooth transition to a virtual work environment.
  • Implemented social distancing and sanitation measures in distribution centers.
  • Participated in government stimulus programs.
  • Implemented Catastrophic Paid Leave benefit for employees.
  • Implemented partial pay program for employees when workplaces closed.
  • Executive officers voluntarily reduced salaries.
  • Swift action to reduce expenses and preserve capital, resulting in free cash flow of nearly $250 million.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • empowering people
  • sustaining places
  • maintaining responsible practices

Social Achievements

  • A Diversity, Equity and Inclusion Leadership Team was formed in 2020 to focus on diversity, equity, and inclusivity in the workplace.

Climate Goals & Targets

Environmental Challenges

  • Elevated Inflationary Pressures
  • Strengthening U.S. Dollar
  • Heightened Geopolitical Environment
  • Increased Freight Charges
  • Later Inventory Receipts
  • COVID-19 Impacts in China
  • Elevated Inventories
  • Increased U.S. Distribution Center Capacity Pressure
  • Talent Market and Wage Rate Pressures
  • Changes in Promotional Environment
Mitigation Strategies
  • implemented product price increases
  • adjusted future inventory purchases and are utilizing our outlet stores to profitability sell a portion of our excess inventory
  • made certain wage adjustments

Supply Chain Management

Responsible Procurement
  • Independent contractors manufacturing our products are subject to our standards of manufacturing practices to facilitate safe and humane working conditions, as well as to promote ethical business practices. We have programs in place to monitor manufacturer practices and assess alignment against these standards.

Climate-Related Risks & Opportunities