Submitted by Ralph Lauren
NEW YORK, June 27, 2022 /CSRwire/ - Ralph Lauren Corporation (NYSE:RL) today published its 2022 Global Citizenship & Sustainability Report, outlining the Company’s progress across its environmental, social and governance (ESG) commitments. The new Report further details Ralph Lauren’s evolved Timeless by Design approach to ensure its philosophy of timelessness is embedded from inspiration through to products’ every use and reuse across generations.
“Ralph’s embrace of timelessness has kept our designs and, ultimately, our business resilient and relevant for more than 50 years,” said Patrice Louvet, President & Chief Executive Officer, Ralph Lauren Corporation. “Embedding this philosophy across our entire value chain is a natural and critical extension of Ralph’s vision as we work to address our impacts beyond the beautiful products and experiences we create.”
As part of Timeless by Design, the Company strengthened its commitment to advancing a circular economy through its new Live On promise to enable its past and future products to live on responsibly by 2030. The new commitment includes targeted goals such as investing to scale regenerative practices and innovative technologies by 2025 and extending the life of its products by piloting ways for its consumers to rent, repair and recirculate Ralph Lauren products by 2025 in select top cities.
Additional progress shared across Timeless by Design’s three pillars, Create with Intent, Protect the Environment and Champion Better Lives, include:
The full 2022 Ralph Lauren Global Citizenship & Sustainability Report and ESG Supplement are available for download on the Company’s website.
Corinna Van der Ghinst
ABOUT RALPH LAUREN
Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, footwear & accessories, home, fragrances and hospitality. For more than 50 years, Ralph Lauren has sought to inspire the dream of a better life through authenticity and timeless style. Its reputation and distinctive image have been developed across a wide range of products, brands, distribution channels and international markets. The Company’s brand names—which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children and Chaps, among others—constitute one of the world’s most widely recognized families of consumer brands. For more information, go to https://corporate.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release and the Global Citizenship & Sustainability Report contain goals, initiatives and “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding, among other things, the Company’s citizenship and sustainability goals and environmental, social and governance goals. Forward-looking statements are indicated by words or phrases such as “anticipate,” “aim,” “outlook,” “commit,” “estimate,” “ensure,” “expect,” “project,” “believe,” “envision,” “seek” “goal,” “target,” “can,” “will,” and similar words or phrases. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from the future results, performance or achievements expressed in or implied by such forward-looking statements. Forward-looking statements are based largely on the Company’s expectations and judgments and are subject to certain risks and uncertainties, many of which are unforeseeable and beyond Company control. The factors that could cause actual results, performance or achievements to materially differ include, among others, the risk factors identified in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, footwear & accessories, home, fragrance and hospitality. For more than 50 years, Ralph Lauren’s reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company’s brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children and Chaps, among others, constitute one of the world’s most widely recognized families of consumer brands. For more information, go to https://corporate.ralphlauren.com.
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