Foot Locker

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Foot Locker Sustainability Actions

Published an Impact Report

Foot Locker released an Impact Report covering its environmental, social, and governance priorities. The report said the company had set up a global corporate social responsibility team, reviewed its main ESG issues, and aligned its reporting with SASB (Sustainability Accounting Standards Board, a reporting framework) and TCFD (Task Force on Climate-related Financial Disclosures, a climate-risk reporting guide). It also said the company took part in CDP, a platform where companies disclose environmental data such as emissions.

Set up ESG workstreams

The company said it created a cross-functional corporate social responsibility team to manage risks, trends, and opportunities across the business. It also launched a Diversity, Inclusion, and Belonging strategy and said it would invest $200 million over five years to support its Black workforce and communities through its LEED initiative. These steps are mainly about people, workplace culture, and community support.

Started climate reporting

Foot Locker said it would report progress on certain greenhouse gas emissions metrics in its Impact Report. It also said it had already taken some steps such as installing LED lighting and increasing zero-emission electricity use. These are basic energy-saving actions, but the available material does not show full emissions data or a complete plan for all parts of the business.

Shared supply chain concerns

A shareholder resolution filed in 2024 said Foot Locker faces climate-related supply chain risks, especially in manufacturing countries such as China, Bangladesh, and Vietnam. The filing said extreme weather could cause delays and inefficiencies. It also said the company had not set enterprise-wide greenhouse gas reduction targets for its operations and value chain, which is the full chain of business activity from suppliers to customers.

Rescinded a net zero plan

Independent shareholder material said Foot Locker had previously announced a net zero commitment and interim targets, but later removed that commitment from its latest sustainability report. That matters because net zero means balancing greenhouse gas emissions with removals so the total is effectively zero. The removal suggests the company’s climate plan has changed, and the current public material does not show a replacement target with the same level of detail.

Announced LED and clean power steps

A shareholder filing said Foot Locker had taken some emissions-cutting steps, including installing LED lighting and increasing zero-emission electricity use. These are practical actions that can lower energy use and emissions in stores and offices. However, the same filing said the company still lacked clear reduction targets for its full business and supply chain.

Published a climate ambition

In 2022, Foot Locker announced an ambition to reach net zero greenhouse gas emissions by 2050 or sooner. It also said it would set a science-based target, meaning a target designed to match climate science and the Paris Agreement goal of limiting warming. The company said it would share annual progress in its Impact Report.

Aligned with climate frameworks

Foot Locker said its reporting would follow SASB and TCFD guidance. SASB helps companies report financially relevant sustainability issues, while TCFD focuses on climate risks and how companies manage them. This shows the company was trying to use recognised reporting standards, even though later shareholder material said some climate commitments were no longer in place.

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