Nordstrom outlines 5-year-plan for sustainability, equality
Nordstrom has released its 2025 Corporate Social Responsibility goals, which includes a previously announced pledge to produce 90% of its Nordstrom Made own brand products in factories that invest in women’s empowerment and will disclose the traceability of those store brand products to the factory.
The five-year plan also set a goal that half of its Nordstrom Made products would use sustainably sourced raw materials, primarily made from cotton, polyester or cellulosic fabrics and will ensure that 100% of Nordstrom Made products come from suppliers that pay a living wage to its workers. The company said it would develop an internal working group to support the development of circular Nordstrom Made products and contribute $1 million in corporate grants to support industry innovation for textile recycling.
Also included in the report are a list of sustainability measures such as a goal to reduce single-use plastic in the value chain by 50% by 2025, ensure that 15% of the product assortment in stores qualifies for its “Sustainably Style” category, ensure that 100 tons of beauty packaging that Nordstrom sells is recyclable, invest $50 million in communities where the company operates, and contribute $250,000 in corporate grants to help slow and prevent climate change.
The report also updated on where the retailer sat with previous goals. Nordstrom surpassed a goal of sourcing 90% of its energy from renewables in deregulated markets where there is flexibility in choosing an energy partner, the company said. Other highlights: Achieved 100% pay equity for employees and too additional steps to further empowerment of women in its global supply chain, increased investment in environmental sustainability by launching its Sustainable Style category, signed the G7 Fashion Pact, increased clothing donations by 42%, and achieved 100% on the Human Rights Campaign’s Corporate Equality Index for the 15th year in a row.
Here’s a look at the full report.