CHICO’S FAS RELEASES IMPACT REPORT FOR 2021

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The report outlines environmental, social, and governance (“ESG”) highlights for 2021 in significant areas like inclusion and diversity, supply chain responsibility, sustainable innovations, and operations, among others, outlining how the company is adding value for its stakeholders through its persistent dedication to a more just and sustainable future.

Chico’s FAS President and CEO Molly Langenstein stated, “Chico’s has always aspired for ongoing development in achieving ESG impact through customer-centric innovation.” “Our customers and staff remain at the centre of everything we do as we develop as a company driven by women and for women. By connecting Chico’s ESG commitment through the prism of our four strategy pillars—Customer Led, Product Obsessed, Digital First, and Operationally Excellent—we hope to advance the interests of all our stakeholders and produce long-term value.”

Kim Roy, an independent Board member and the chair of the ESG Committee, continued, “We are happy to announce our 2021 Impact Report that demonstrates the success we achieved furthering our ESG goals. “This report, which is the result of a cross-functional effort to identify our major ESG concerns and build a framework to address them with accountability and transparency, gives our stakeholders a better understanding of how we are doing in relation to our long-term ESG strategy. I’m especially proud of the accomplishment of 10 short-term ESG goals and the development of 7 mid-term ESG goals that will help us advance over the next three years and are in line with the UN Sustainable Development Goals.”

Source: Prnewswire

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