US sportswear and footwear retailer Foot Locker has announced its ambition to achieve net zero greenhouse gas emissions by 2050 or sooner.
It intends to set out targets in line with the criteria established by the Science-based Targets initiative and has committed to report its progress against certain metrics regarding its emissions annually.
Foot Locker is committed to operating its business “in a manner that reduces our environmental impact and helps protect natural resources” and managing product lifecycle in an environmentally-responsible manner.
It plans to take steps to fight climate change and reduce its carbon footprint by implementing practices that cut emissions, increase supply chain and energy efficiency and improve its operational waste and reuse profile.
During the 2019 financial year, Foot Locker installed LED lighting in 228 of its stores across North America and Europe, resulting in an estimated 2.48 million kWh annual savings.
In Asia, 100% of the its stores use LED lighting.
The retailer is also increasing its use of renewable energy through new regional green power contracts and all its retail stores in Austria, Belgium, Spain and the UK have been sourcing 100% renewable energy since 2019.
In 2020, it started using renewable energy for the majority of its retail stores in France, Germany, Ireland, Italy and the Netherlands.
Richard A. Johnson, Chairman and Chief Executive Officer said: “Foot Locker, Inc. is committed to helping our planet remain a sustainable home for current and future generations.
“Unabated climate change presents risks for our business, industry and society but through climate stewardship, we may unlock opportunities to innovate and strengthen our relationships with our customers and the communities we serve.”