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The Children's Place Issues 2020 Annual ESG Report
15
Nov '21

SECAUCUS, N.J., Nov. 15, 2021 (GLOBE NEWSWIRE) The Children’s Place, Inc. (Nasdaq: PLCE), the largest pure-play children’s specialty apparel retailer in North America, today announced the release of its 2020 Environment, Social and Governance (ESG) Report. 

The 2020 ESG Report details the Company’s strategic approach to ESG. It sets forth the progress made in fiscal 2020 on the Company’s environmental initiatives, including its science-based goals to reduce greenhouse gas emissions, and its measureable targets to increase the use of more sustainable raw materials in its products and to reduce the use of water and chemicals in its global supply chain.  The 2020 ESG Report also establishes new and updated environmental goals against which future annual reports will measure progress on addressing climate change, water stewardship initiatives, chemical management programs, waste diversion targets and circularity through reuse and recycling.

The 2020 ESG Report also details the Company’s commitment to social topics, including workforce diversity, equity in pay and opportunity, building an inclusive environment where all people feel welcomed and valued, giving back to children and families in need, and worker well-being in its global supply chain.

Adrian Sherman, Vice President, Environment & Social Responsibility, said, “Children are at the center of everything we do, and we believe we have a special responsibility to today’s children and to future generations to contribute to a healthier planet and to foster a culture of diversity, equity and inclusion. Our annual ESG reporting highlights our initiatives and goals and details the Company’s progress toward these goals.”

The Children’s Place Board of Directors and its Committees have oversight responsibility for ESG matters, and the Company’s goals and initiatives are informed by the Sustainability Accounting Standards Board (SASB) standards, the Global Reporting Initiative (GRI) standards, and the United Nations Sustainable Development Goals (SDGs).

To view our 2020 ESG Report, please visit the Company’s website at https://corporate.childrensplace.com under the ESG tab.

About The Children’s Place, Inc.

The Children’s Place is the largest pure-play children’s specialty apparel retailer in North America.  The Company designs, contracts to manufacture, sells at retail and wholesale, and licenses to sell fashionable, high-quality merchandise predominantly at value prices, primarily under the proprietary “The Children’s Place,” “Place” , “Baby Place”, “Gymboree” and “Sugar & Jade” brand names.  The Company has online stores at www.childrensplace.com, www.gymboree.com and www.sugarandjade.com, and, as of July 31, 2021, the Company had 708 stores in the United States, Canada and Puerto Rico, and the Company’s eight international franchise partners had 208 international points of distribution in 17 countries.

 


(This story has not been edited by Fibre2Fashion staff and is published from a syndicated feed.)


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