Timberland Issues Latest Quarterly CSR Report
While many companies create much buzz over the release of that annual or semi-annual report, Timberland is one of the best examples of a company that embeds corporate social responsibility (CSR) rigorously throughout its operations. To that end, the outdoor apparel trailblazer released its quarterly CSR report to its stakeholders. CSR mavens who raised their eyebrows over VF Corp’s recent acquisition of Timberland appear to have little to worry about. It is business as usual for Timberland--at least to those of us who are outside observers--and its constant dialogue with its stakeholders reveals as such. Some metrics the latest Timberland quarterly report shared with its stakeholders include:
- Emissions increased a tad, 2.1 percent from Q1 (first quarter) 2010 to Q1 2011, due to increased business and the decision to stop buying carbon offsets for its Smartwool operations.
- Clean energy purchases saw an uptick and are approaching 12 percent.
- One factory within Timberland’s supply chain earned a high risk assessment during Q1, which in plain English means that threats to life and health were found. As of June the factory underwent a massive course correction and the risks were eliminated.
- About one-third of its factories had a “high priority” score in Q1, mostly because of new supplier arrangements and labor shortages as the economy improves.
- Employees served almost 14,500 hours during Q1, a whopping 65 percent increase from the Q1 2010.
- Expanded its organic cotton metric to gauge the use of recycled and renewable fibers in addition to cotton.
0 comments on “Timberland Issues Latest Quarterly CSR Report”
Pingback: Timberland and Children’s Rights | greengopost.com