disclosure index
About this Report
We aim to map our reporting to specific metrics established by key reporting frameworks, such as the Sustainability Accounting Standards Board (SASB), the Task Force Climate-related Finance Disclosures (TCFD), and the Global Reporting Initiative (GRI).
This report generally covers Carter’s, Inc.’s corporate social responsibility efforts during fiscal year 2023, although some initiatives launched prior to fiscal 2023 and during fiscal 2024 are included as well. References to 2023, 2022, 2021, and 2020 are to calendar years, and references to fiscal 2023, fiscal 2022, fiscal 2021, and fiscal 2020 are to our fiscal years.
This report includes a Sustainability Accounting Standards Board (SASB) index and addresses topics associated with the Task Force on Climate-Related Financial Disclosures (TCFD) framework. It has been prepared with reference to the Global Reporting Initiative (GRI) Standards and also acknowledges in places how our long-term goals align with and support specific United Nations Sustainable Development Goals (SDGs).
We sought and received limited assurance from an independent external auditor for our performance disclosures on Scope 1 and 2 greenhouse gas (GHG) emissions, water usage, and waste volume. We did not seek or receive external assurance from third parties with respect to other information, although in certain instances, third parties assisted in the process of collecting, analyzing, and calculating information presented in this report. The items we have identified throughout this report reflect our Corporate Social Responsibility (CSR) strategy and programs, and should not be construed as a characterization regarding the materiality or financial impact of such issues or related information to our investors. Please see our most recent Annual Report on Form 10-K and our subsequent Quarterly Report on Form 10-Q and Current Reports on Form 8-K for a discussion of risks that may be material to our investors.
This report focuses primarily on operations under our direct control, but also includes discussions and data relating to operations outside of our direct control, as indicated. We intend to continue to publish a CSR report annually. “Carter’s” or “Company” refers to Carter’s, Inc. and its subsidiaries. Some initiatives referenced in this report may be made by Carter’s Charitable Foundation, Inc., which Carter’s, Inc. established in 2010. Our trademarks named in this report, including Carter’s, OshKosh, OshKosh B’gosh, Skip Hop, Child of Mine, Just One You, Simple Joys, and Little Planet, many of which are registered in the United States and more than 100 other countries and territories, are each the property of one or more subsidiaries of Carter’s, Inc.
Forward Looking Statements & Other Notices
Forward Looking Statements & Other Notices
Unless otherwise indicated, this report covers our fiscal year ended December 30, 2023. This CSR report contains certain forward-looking statements based on Carter’s current assumptions and expectations. These statements are typically accompanied by the words “aim,” “anticipate,” “believe,” “commit,” “could,” “drive,” “estimate, “envision,” “ensure,” “goal,” “intend,” “may,” “might,” “mission,” “seek,” “strategy,” “strive,” “target,” "plan," and “will” or similar words or phrases. The principal forward-looking statements in this report include: our sustainability goals, commitments and programs; our social goals, initiatives, programs and objectives; the scope and impact of CSR risks and opportunities; and standards and expectations of third parties.
All of our forward-looking statements are intended to enjoy the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, as amended. Although we believe there is a reasonable basis for the forward-looking statements, our actual results, including the achievement of our targets, goals or commitments, could differ materially.
These forward-looking statements are based largely on our expectations and judgments and are subject to a number of risks and uncertainties, many of which are unforeseeable and beyond our control. These risks include, but are not limited to, our ability to achieve our stated diversity, equity and inclusion, CSR and sustainability, and climate change goals, protecting customer and employee data, as well as those risks identified in Item 1A of our most recent Annual Report on Form 10-K and subsequent quarterly reports on Form 10-Q filed with the Securities and Exchange Commission (“SEC”), which should be read in conjunction with the forward-looking statements in this report, as well as other assumptions, risks, uncertainties, and factors identified in this report.
The information contained in this CSR report also is subject to the precision of our data collection and analysis methods, which are subject to future evolution and calibration. Such information is subject to additional uncertainties, as there are limitations inherent in the data collection and analysis methods.
While we consider information from external resources and consultants to be reliable, we do not assume responsibility for its accuracy. Additionally, all numbers referenced are subject to the quality and comprehensiveness of the reporting received by Carter’s from internal and external sources and, therefore, are approximate and/or estimated values. It is also important to note that the availability of data varies from section to section in this report.
Our goals and commitments include aspirational components that may take years or decades to achieve. Carter’s cannot assure you that the results reflected or implied by any forward-looking statement will be realized or, even if substantially realized, that those results will have the forecasted or expected consequences and effects. We urge you to consider all of the risks, uncertainties, and factors identified above or discussed in this and other reports carefully in evaluating the forward-looking statements in our reporting.
Readers of this report are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Except for any ongoing obligations to disclose material information as required by federal securities laws, Carter’s does not undertake any obligation to publicly update or revise any forward-looking statements after the publication of this report, whether as a result of new information, future events, or otherwise.
UN SDG Connection
UN SDG Connection
The United Nations Sustainable Development Goals (SDGs) are a set of 17 interconnected goals adopted in 2015 to address a wide range of environmental, social, and economic challenges.
These goals support the 2030 Agenda for Sustainable Development, which aims to create a more equitable, inclusive, and sustainable world by 2030.
They cover a range of ESG areas and provide a comprehensive framework for global cooperation and collective effort to ensure a better future for all, now and in the future.
Across our Product, Planet, and People pillars, we focus our efforts on five of the UN SDGs.