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about carter's
A Message from Our CEO
A Message from Our CEO
To my Fellow Stakeholders,
For generations, Carter's has been trusted to provide families with safe, high-quality children’s apparel that is responsibly made and helps celebrate the many joys of childhood. We have built a strong foundation for our iconic brands which is supported by our commitment to sustainability, social responsibility, and positive impact. We are proud to share with you our Raise the Future Impact Report, which highlights the progress we have made in our promise to better our world. Our Raise the Future strategy has three objectives:
- Grow Our Sustainable Offerings
- Reduce Our Carbon Footprint
- Uplift Workers and Communities
Grow Our Sustainable Offerings
In recent years, we have increased the sales of our sustainable product offerings. Our Little Planet and PurelySoft brands have been overwhelmingly supported by our customers. These product offerings reflect our dedication to environmental stewardship and ability to meet the evolving needs and expectations of consumers.
In 2023, we increased the use of sustainable cotton in our product offerings to over 40%. We expect to achieve our goal of 100% by 2030. Our progress reflects our expanded use of Better Cotton and the success of our sustainable product offerings, which leverage our innovation in design, eco-friendly materials, and more efficient manufacturing processes.
Reduce Our Carbon Footprint
We are reducing our environmental impact, especially with our carbon emissions and packaging. By 2030, we plan to reduce our virgin plastic packaging by 50% and, to date, have reduced it by over 30%. Given our participation in the renewable energy market, we were recognized as a Top 30 Retail Company in the EPA’s Green Power Partnership. We continue to work towards our science-based targets to reduce Scope 1 and 2 greenhouse gas (GHG) emissions by 50% by 2030. Since 2019, we have reduced GHG emissions by over 25%. Our efforts to reduce GHG emissions and operational waste have yielded tangible results. By implementing innovative technologies and refining our processes, we have reduced our environmental footprint which has improved operating efficiencies and lowered costs.
Uplift Workers and Our Communities
For many years, Carter’s has been recognized as a top employer for women, diverse employees, and new college graduates. We also provide a broad range of competitive benefit programs that improve the lives of our employees and their families. By investing in career development opportunities and enhancing employee benefits, we have uplifted our workforce, and improved retention, productivity, and innovation. Our mission to uplift communities is a reflection of the way we live our values every day. We foster a positive and inclusive culture, which has created good jobs for over 16,000 employees worldwide. Since 2021, our employees and customers have supported our charitable giving efforts through more than 60,000 volunteer hours and nearly $30 million of donations to various organizations focused on early childhood education and literacy.
Our Commitment to a Sustainable Future
We remain committed to social and environmental responsibility, and maintaining the trust that Carter’s has earned over its nearly 160 years of operation. We are dedicated to creating positive change and earning the trust that generations of families with young children have placed in us. We will continue to reduce our environmental footprint, support our communities, empower our employees, and provide sustainable and ethical products that meet the evolving needs of our customers.
Sincerely,
Michael D. Casey
Chairman & Chief Executive Officer
