Columbia Sportswear Company (NASDAQ: COLM, the "Company"), a global leading innovator in outdoor, active and lifestyle products including apparel, footwear, accessories, and equipment, today released its 2021 Environmental, Social, and Governance (ESG) Report, which includes performance highlights and progress made throughout 2021 in the three pillars of its corporate responsibility strategy – Empowering People, Sustaining Places, and Responsible Practices.
2021 proved to be another challenging year with operations across the globe affected by the pandemic, but ESG remained a priority for Columbia Sportswear Company.
“Despite facing challenges, the Company had its best year in history, and we did so while maintaining our commitment to environmental, social, and governance issues. We proved, once again, that by living our core value of Doing the Right Thing, we can thrive and do well by our people, places and practices,” said Tim Boyle, Chairman, President and CEO.
The report highlights work accomplished by its four primary brands – Columbia, SOREL, Mountain Hardwear and prAna. In 2021, Columbia Sportswear Company:
- Finalized one Carbon Leadership Project program and one Clean by Design program with two cohorts of manufacturing partners at the Tier 1 and Tier 2 levels to help the partners reduce their environmental impact. Reduction in emissions by the Company’s manufacturing partners will help it to meet its previously established manufacturing climate target of a 30% reduction in manufacturing emissions by 2030, as compared to a 2019 baseline.
- Introduced the Coalition of Asian & Pacific Islander Employee Resource Group, bringing the total number of Employee Resource Groups to seven.
- Built two new water towers in supply chain locations to bring clean water to the children of our manufacturing partners and their employees with the Planet Water Foundation, bringing the total number of water towers built to 24.
- Coordinated COVID-19 community vaccine clinics in Portland, OR and launched an educational campaign encouraging all employees to get vaccinated.
To learn more about Columbia Sportswear Company’s ESG efforts, view the 2021 Environmental, Social, and Governance Report. The Company has also released a Sustainability Accounting Standards Board (SASB) Index, which discloses the Company’s ESG efforts in accordance with SASB industry-specific standards and can be viewed here.