NEW
YORK, March 24, 2022 /PRNewswire/ -- Foot
Locker, Inc. (NYSE: FL), the New
York-based specialty athletic retailer, today announced its
ambition to achieve net zero GHG emissions by 2050 or sooner, in
alignment with climate scientists' recommendations to transition
toward a net zero state and avoid the worst impacts of climate
change. This announcement marks an important milestone in the
Company's environmental, social, and governance (ESG) journey. As
the Company looks to fiscal 2022 and beyond, it is committed to
building on this progress and strengthening its vision for a more
sustainable world.
Answering the call to limit the global temperature rise to
1.5°C, as well as feedback from stakeholders, the Company commits
to setting a science-based target in line with the criteria
established by the Science Based Target initiative (SBTi). The
Company will report its progress against certain metrics regarding
its GHG emissions annually in its Impact Report, which is available
at investors.footlocker-inc.com/impactreport, and is aligned with
the reporting disclosure guidance of the Sustainability Accounting
Standards Board (SASB) industry standards and the Task Force on
Climate-related Financial Disclosures (TCFD) recommendations. The
Company expects to publish its next Impact Report in fall 2022.
"Foot Locker, Inc. is committed to helping our planet remain a
sustainable home for current and future generations,"
said Richard A. Johnson, Chairman and Chief Executive Officer.
"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."
To learn more about Foot Locker, Inc.'s efforts to power a more
sustainable future, see its Global Environmental and Climate
Change Statement, which is available at
investors.footlocker-inc.com/climate.
Foot Locker, Inc. leads the celebration of sneaker and youth
culture around the globe through a portfolio of brands including
Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, atmos, WSS,
Footaction, and Sidestep. With approximately 3,000 retail stores in
28 countries across North America,
Europe, Asia, Australia, and New
Zealand as well as websites and mobile apps, the Company's
purpose is to inspire and empower youth culture around the world,
by fueling a shared passion for self-expression and creating
unrivaled experiences at the heart of the global sneaker community.
Foot Locker, Inc. has its corporate headquarters in New York. For additional information please
visit https://www.footlocker-inc.com.
Disclosure Regarding Forward-Looking
Statements
This report contains forward-looking statements within the
meaning of the federal securities laws. Other than statements
of historical facts, all statements that address activities,
events, or developments that the Company anticipates will or may
occur in the future are forward-looking statements. These
forward-looking statements are based on many assumptions and
factors that are detailed in the Company's filings with the U.S.
Securities and Exchange Commission.
Investor Contact:
Robert Higginbotham
Vice President, Investor Relations
robert.higginbotham@footlocker.com
(212) 720-4600
Media Contact:
Cara Tocci
Vice President, Corporate Communications
cara.tocci@footlocker.com
(914) 582-0304
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SOURCE Foot Locker IR