logo
Columbia's 2024 report shows strong progress on ESG targets

Columbia's 2024 report shows strong progress on ESG targets

Fibre2Fashion6 days ago
Columbia Sportswear Company (NASDAQ: COLM), a global leader in outdoor, active, and lifestyle products, today published its 2024 Impact Report. The report outlines progress across the Company's three corporate responsibility pillars: Empowering People, Sustaining Places, and Responsible Practices.
The report highlights work accomplished by its four primary brands – Columbia, SOREL, Mountain Hardwear and prAna. 2024 highlights include:
Columbia Sportswear's 2024 Impact Report showcases key achievements across its brands: 80 per cent progress toward its clean water goal, 6,100+ employee volunteer hours, a 900,000 kWh and 67,000 therm energy reduction in Oregon, and support for 375,000 workersâ€'65 per cent womenâ€'via RISE. Mountain Hardwear was honoured as Leave No Trace's Corporate Partner of the Year.
As of 2024, we've exceeded 80% of our Planet Water goal of providing access to clean water for 100,000 people per day.
Employees contributed over 6,100 volunteer hours.
Mountain Hardwear was named Corporate Partner of the Year by Leave No Trace.
Absolute energy consumption, 2022 versus 2024, at our Oregon distribution center and headquarters has declined by over 900,000 kilowatt hours and nearly 67,000 therms.
In partnership with all other RISE industry supporters in 2024, RISE reached over 425 workplaces, totaling more than 375,000 workers, over 65% of whom are women.
To learn more about Columbia Sportswear Company's efforts, view the 2024 Impact Report. The Company has also conducted a Sustainability Accounting Standards Board (SASB) disclosure for 2024, which discloses the Company's ESG efforts in accordance with SASB industry-specific standards. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (RM)
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

India's electronics exports surge 47% in Q1FY26, led by mobile phones
India's electronics exports surge 47% in Q1FY26, led by mobile phones

Business Standard

time5 hours ago

  • Business Standard

India's electronics exports surge 47% in Q1FY26, led by mobile phones

India's electronics exports saw a significant rise of over 47 per cent year-on-year, reaching $12.4 billion in the first quarter of FY26, according to data from the India Cellular and Electronics Association (ICEA). This sharp increase was largely driven by strong performance in mobile phone exports. In comparison, electronics exports stood at $8.43 billion during the April-June quarter of FY25, the industry body said in a statement on Thursday. Mobile phones lead the surge Mobile phones emerged as the top contributor, with exports climbing by 55 per cent from $4.9 billion in Q1 FY25 to around $7.6 billion in Q1 FY26. Meanwhile, the non-mobile electronics category also recorded healthy growth, rising 37 per cent to $4.8 billion from $3.53 billion during the same period last year. Key items in the non-mobile segment include solar modules, switching and routing devices, charger adapters, and other electronic parts. Strategic milestone: ICEA chairman Calling the progress a turning point for the sector, ICEA Chairman Pankaj Mohindroo said: "This is a strategic national achievement. Now begins the real climb towards global competitiveness, sustainability, and deeper value addition." He added that several other product categories are also gaining ground: "Other product segments in electronics have also shown significant growth, such as solar modules, networking equipment, chargers, and components are gaining traction. We must now accelerate their expansion. We need IT hardware, wearables, hearables, and consumer electronics exports to rise sharply." Annual exports and production on rise India's total electronics exports grew from $29.1 billion in FY24 to $38.6 billion in FY25. With the current pace of growth, ICEA expects exports in FY26 to reach between $46 billion and $50 billion. Over the last ten years, India's total electronics production has expanded rapidly, going from $31 billion in FY15 to $133 billion in FY25. Focus on building local supply chains Mohindroo stressed the need to strengthen local manufacturing and supply capabilities: "It is more important than ever to build an indigenous supply chain. We need globally competitive Indian brands and Indian champions across the entire value chain from components and sub-assemblies to final products. This is the path to long-term sovereignty in electronics."

REA Group gains on profit jump, dividend hike
REA Group gains on profit jump, dividend hike

Time of India

time6 hours ago

  • Time of India

REA Group gains on profit jump, dividend hike

BENGALURU: Shares in Australia's REA Group marked their sharpest intraday rise in two and a half years on Wednesday, after the News Corp-backed property listings firm posted strong full-year profit and raised its final dividend. The stock touched A$257.13 during the session, the highest level since February 20, buoyed by a 23% rise in attributable net profit to A$564 million ($365.30 million) for the year as well as a record annual revenue of A$1.67 billion and a resurgent housing market. Chief Executive Owen Wilson said Australia's property fundamentals remain robust, with buyer demand underpinned by expectations of further interest rate cuts and steady house price growth. "These are favourable conditions for sellers to bring their properties to market," Wilson added. REA, which operates the popular realestate(dot)com(dot)au platform, declared a final dividend of A$1.38 per share - up 35% from last year - supported by strong operating cash flow and proceeds from the sale of its stake in Southeast Asian portal PropertyGuru. The company said it expects residential buy listing volumes in the new financial year to remain broadly in line with last year's "healthy" levels, underscoring the market resilience. REA noted that market conditions remain healthy, supported by high employment and expectations of further monetary policy easing by the Reserve Bank of Australia , which is likely to boost buyer demand and vendor confidence to list on REA's portal. Analysts at Jarden called the result "solid" and in line with expectations. They noted the key question now lies in residential yield growth - or how much REA can earn per listing - with future uplift likely hinging on customer uptake of its premium product, Audience Maximiser All. REA also confirmed that a new chief executive will be appointed in September, as Wilson prepares to step down after a decade with the firm.

China's July exports top forecasts amid rush to meet Trump tariff deadline
China's July exports top forecasts amid rush to meet Trump tariff deadline

Time of India

time13 hours ago

  • Time of India

China's July exports top forecasts amid rush to meet Trump tariff deadline

China's exports surpassed expectations in July, driven by manufacturers capitalizing on a temporary tariff truce with the U.S. to ship goods before an impending deadline. Despite this surge, economists anticipate a slowdown in export growth during the latter half of the year due to persistent tariffs and strained relations with both the EU and the U.S. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Popular in International China's exports beat forecasts in July, as manufacturers made the most of a fragile tariff truce between Beijing and Washington to ship goods ahead of a looming deadline later this shipments from the world's second-largest economy rose 7.2% year-on-year in July, customs data showed on Thursday, beating a forecast 5.4% increase in a Reuters poll and June's 4.8% grew 4.1%, following a 1.1% rise in June. Economists had predicted a 1.0% is facing an August 12 deadline to reach a durable tariff agreement with the U.S. administration, after Beijing and Washington reached framework agreements in May and June to reduce non-tariff barriers such as rare earth minerals and technology to avoid further escalating their trade a deal, global supply chains could face renewed turmoil from U.S. duties snapping back to triple-digit levels that would amount to a bilateral trade said on Tuesday the U.S. was close to a trade deal with China and that he would meet his Chinese counterpart Xi Jinping before the end of the year if the world's two largest economies could come to an July trade surplus narrowed to $98.24 billion from $114.77 billion in June. Separate data from the U.S. Commerce Department's Bureau of Economic Analysis on Tuesday showed the U.S. trade gap with China shrank to its lowest in more than 21 years in government advisers are stepping up calls to make the household sector's contribution to broader economic growth a top priority at Beijing's upcoming five-year policy plan, as trade tensions and deflation threaten the top leaders have vowed to step up regulation of aggressive price-cutting by Chinese companies that is pushing prices ever economists warn that reversing the current deflationary slump will be far more difficult than during the last round of supply-side reforms a decade ago, as the downturn now poses a broader threat to employment, which Chinese leaders have emphasised is a core component of social an agreement with the United States - and with the European Union, which has accused China of producing and selling goods too cheaply - would give Chinese officials more room to advance their reform analysts expect little relief from Western trade pressures. Export growth is projected to slow sharply in the second half of the year, hurt by persistently high tariffs, President Trump's renewed crackdown on the rerouting of Chinese shipments and deteriorating relations with the EU.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store