lululemon today released its fourth annual Impact Report, which provides an in-depth look at the Company’s FY23 progress across its social and environmental commitments and multi-year strategies to help advance positive change for people and the planet.
lululemon’s Impact Agenda, which was released in 2020, is integrated into the Company’s overall strategy and operations, and reflects lululemon’s understanding that individual, community, and planetary wellbeing are all linked together. As such, the Company’s Impact Agenda and Annual Impact Reports are organized into three interconnected pillars: Be Human, Be Well, and Be Planet.
“In 2023, we were pleased to make meaningful progress toward many of our Impact goals, while also identifying new areas of opportunity and ways in which we can accelerate our efforts,” said Calvin McDonald, Chief Executive Officer. “Looking ahead, we remain firmly committed to continuing to implement and action tangible Impact strategies and solutions across our business and supply chain, as well as transparently sharing updates with our stakeholders as we advance this important work.”
lululemon continues to make progress towards its 2030 climate targets and its 2050 net-zero target. The Company is working to address emissions in the supply chain and continues to source 100% renewable electricity in owned and operated facilities. lululemon’s climate action strategies are guided by data and science and shaped by industry collaboration and best practices.
“As we continue our Impact journey, partnership and collaboration remain important components of our approach to navigating and helping to solve the complex environmental and social challenges we face. We are committed to working with stakeholders across all areas of our value chain and industry to drive meaningful change and achieve shared goals,” said Esther Speck, Senior Vice President, Sustainable Business & Impact.
Key achievements from the FY23 Impact Report include:
Be Human
• Inclusion, Diversity, Equity and Action (IDEA): Reached 41% racially diverse representation of employees below assistant manager level within our retail stores in Australia, Europe, New Zealand, and North America.*
• Responsible Supply Chain: Ranked #1 for the second consecutive year on the KnowTheChain benchmark for the disclosure of information on forced labor policies and practices.
Be Well
• Scaling Access to Wellbeing: Through the lululemon Centre for Social Impact, we have reached 7.4 million people since 2021, providing them with access to wellbeing tools and resources.
Be Planet
• Circularity: Rolled out repair programs in the majority of our stores in China Mainland and Europe, and repair pilots in Australia and New Zealand.
• Product Innovation: Unveiled one of the world’s first enzymatically recycled nylon 6,6 products, marking a key milestone in textile-to-textile recycling.
• Material Innovation: Reached 57% total preferred materials procured for our products, up from 44% in 2022.
The teams at lululemon are currently planning the next iteration of the Company’s Impact Agenda, which will include refreshed goals and targets for the future.
Read lululemon’s FY23 Impact Report here.
Download the FY23 Impact Report infographic here.
To learn more about lululemon’s Impact Agenda, visit corporate.lululemon.com/our-impact.
*See report for further detail