Academy Sports + Outdoors, Inc.
Climate Impact & Sustainability Data (2021-01-31 to 2022-01-29)
Reporting Period: 2021-01-31 to 2022-01-29
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:300.65 GWh
Water Consumption:Not disclosed
Waste Generated:16,000 tons (recycled)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Customer experience
- Team Member investment and diversity & inclusion
- Product quality and safety
- Community support
- Governance practices
- Compliance programs
- Cybersecurity
- Environmental impact
Environmental Achievements
- Achieved a 48% landfill avoidance rate, saving approximately 250,000 trees, 53.5 million kilowatt hours, 167,000 barrels of oil, 103 million gallons of water, and 15,000 tons of landfill.
- Increased recycled materials in private label products (apparel, footwear packaging, insole boards).
Social Achievements
- Reduced recordable safety incidents by 15% from 2019 to 2021.
- Increased racial and ethnic diversity of management level positions by approximately 10% in 2021.
- Invested approximately $71 million in financial donations, merchandise discounts, and sponsorships from 2019 to 2021, benefiting over 1,500 organizations and 2.7 million individuals.
- Expanded diversity, inclusion, and belonging (DIB) programs.
- 43% of store management positions filled via internal promotions in 2021.
- Team Members completed over 500,000 hours of training in 2021.
Governance Achievements
- Added four independent directors, resulting in 80% independent board membership in 2021.
- Revised Corporate Governance Guidelines to enhance independent director responsibilities, limit outside board service, and implement a mandatory retirement policy.
- Established a formal Enterprise Risk Management (ERM) program.
- Revised Ethics and Code of Conduct Policy to align with UN Human Rights Declaration and establish a Conflict Minerals Policy.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- By end of 2024: At least 35% of private label apparel from recycled materials; At least 50% of private label apparel packaging from recycled materials; At least 50% of private label footwear insole boards from recycled materials.
Environmental Challenges
- Supply chain disruptions (implied)
- Maintaining workplace safety during a pandemic (COVID-19)
Mitigation Strategies
- Implemented a strategic workforce management system for flexible scheduling.
- Provided paid time off for part-time employees.
- Implemented COVID-19 safety precautions based on CDC guidelines, including paid sick leave and on-site vaccination events.
Supply Chain Management
Supplier Audits: Ongoing basis, semi-unannounced annual audits by third party.
Responsible Procurement
- Vendor Code of Conduct (covering human and labor rights, environmental impact, safety, and legal compliance); Conflict Minerals Policy.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB Multiline and Specialty Retailers and Distributors sector standard, GRI 2016 standard
Certifications: LEED Silver (one corporate campus building)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Private label products with increased recycled content.
Awards & Recognition
- Not disclosed