Impact Governance

Why It Matters

Impact governance helps achieve impact goals, create clear lines of responsibility, and drive company-wide strategy, enabling companies to create an environment of trust, transparency, and accountability.

What We’re Doing

To drive progress toward our impact ambitions, we have a multi-level governance structure that brings together business leaders across lululemon. This governance structure supports impact strategies and practices across the company, helping us deliver on our Impact Agenda goals. Our planning process accounts for ESG-related risks and opportunities to strengthen long-term business resilience.

We monitor performance through mechanisms such as key performance indicators and quarterly updates on our goal progress shared with our Executive Leadership Team, CEO, and our Corporate Responsibility, Sustainability, and Governance Committee. The Board and its relevant committees assess whether management has appropriate mechanisms to oversee the development of significant sustainability initiatives, strategies, policies, and practices related to matters of sustainability and corporate responsibility.

Governance Body	Responsibilities
Board of Directors	Reviews and approves strategic and annual operating plans, including resource allocation and investment decisions. Oversees environmental, social, and governance (ESG) management with delegation to specific committees. Oversees ESG-related risks and opportunities and the Impact Agenda through regular committee updates, and our annual Enterprise Risk Management (ERM) work.
Audit Committee	Oversees enterprise financial reporting and controls, including ESG-related disclosures within the financial reporting framework and compliance risks to our business and supply chain. Reviews legislative and regulatory developments related to ESG and oversees reporting and auditing of global regulated sustainability and climate-related disclosures.
Corporate Responsibility, Sustainability, and Governance Committee (CRS&G Committee)	Reviews and evaluates strategies, policies, programs, practices, and public reporting related to corporate responsibility, environmental sustainability, human rights, social impact, and philanthropy issues to support sustainability and responsible growth. Approves Impact Agenda goals and reviews quarterly updates on progress.
People, Culture, and Compensation Committee	Oversees overall compensation philosophy and policies, including benefits and incentives plans, as well as executive employee agreements, talent management, succession planning, diversity and inclusion, and related activities.
Executive Leadership Team	Led by our CEO, the Executive Leadership team is responsible for our enterprise Impact Agenda goals and execution, including multi-year planning and integration into company strategy.

Functions that engage on ESG topics
Sustainability	Sets enterprise Impact Agenda, goals, and commitments; delivers subject matter expertise and key programs; and facilitates progress tracking and reporting. Works cross-functionally to operationalize end-to-end and deliver progress. Led by Senior Vice President, Sustainability.
Inclusion, Diversity, Equity, and Action (IDEA)	Oversees People Networks and task forces for locations and specific business functions. Led by Vice President, IDEA, Employee Relations & Compliance.
Other Business Functions and Teams	Implement function-specific Impact Agenda targets, policies, procedures, programs, practices, and reporting. Includes Finance, Supply Chain, Product and Brand, Legal and Compliance, People and Culture, Risk, Sourcing, Production, Merchandising, and others. A Senior Leadership member is accountable for each Impact Agenda goal.
ESG Regulatory Reporting Committee	Cross-functional working group comprised of Sustainability, Finance, Legal, and People & Culture that tracks and monitors regulations and compliance issues.
Impact Steering Committees and Councils	Steering committees and advisory councils that govern focus areas of our Impact Agenda. Where applicable, these groups oversee key performance indicators, risk management, and multi-year investment plans for their respective Impact Agenda goals.

Policies

Ethical conduct is the foundation for how we do business. We have policies and guidelines that apply to lululemon employees, Ambassadors, contractors, officers, directors, and suppliers. See Policies & Guidelines for details.

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Reporting & Disclosure

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Policies & Guidelines

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Stakeholder Engagement

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