Being a successful company means also being a responsible steward of the natural environment. We are doing our part to tackle environmental challenges – from energy and climate change, to chemical pollution and waste.
Sustainability 2.0 is our new environmental sustainability strategy, developed to execute authentic environmental action in support of the Burlington 2.0 corporate strategy: to grow responsibly while delivering value to our customers. It outlines how we plan to:
- set goals to focus and align sustainability efforts;
- increase our use of renewable energy to mitigate emissions from growth;
- educate and engage internal partners on environmental sustainability;
- enhance Burlington’s reputation by incorporating sustainability into the Caring Culture; and
- partner with non-merchandise suppliers that have environmental products and services whenever possible.
See our Environmental Policy Statement for more information.
Climate Related Goals
With national and international regulatory consensus growing around climate risk management, governance, and reporting (including SASB, the Climate Disclosure Standards Board, and TCFD - see CSR/ESG Reporting for most recent indices), at Burlington we strive to conduct an analysis of multiple frameworks, standards, benchmarks, and historical data trends. This work has enabled us to set two climate-related targets:
- Reduce our Scope 1 and 2 GHG Emissions 60% by 2030 (per operating square foot compared to our 2016 baseline), and
- Achieve 20% renewable energy consumption by 2030 (compared to our full electricity consumption)
GHG Risk Management
We recognize that climate change inaction poses physical, financial, and reputational risks to our business. These include risks to our physical buildings and processes arising from changing weather patterns, and transitional risks to our bottom line arising from energy and fuel price rises. In mitigating these risks, we seek to harness opportunities from cost efficiencies, drive GHG reductions, and strengthen our reputation as an environmentally responsible company.
We have been actively monitoring GHG emissions progress since 2018, which is currently overseen by the Chief Operating Officer (COO), SVP of Facilities and Sustainability, and the executive leadership team via the CSR Report Committee (comprising senior leaders from cross-functional departments).
We require all departments that contribute to our overall GHG footprint to provide their data annually. The data is then uploaded to our environmental management system – this enables us to calculate our carbon footprint, which is annually reviewed by the internal audit team. We disclose certain data to CDP’s climate change, water, and forestry questionnaires.