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Social Responsibility There is no shortage of talk about the obligation of public companies to be socially responsible to the people and communities where they do business. At Macy’s, Inc., we hold those same beliefs – along with a belief that actions speak louder than words when it comes to helping tackle some of the toughest problems facing us today. Sustainability at Macy’s, Inc.: A 5-Point Action Plan At Macy’s, Inc. we believe that contributing to a more sustainable environment is good business practice and the right thing to do for future generations. As a leading national retailer with a significant workforce, we have the opportunity to make a meaningful difference in improving the environment. And we will do so by using resources more efficiently, providing “eco-friendly” products that meet customer expectations and striving to reduce our overall impact on the environment. We must, however, operate within the bounds of good business decision-making so that each action we take is measurable, sustainable and enduring. Macy’s, Inc.’s commitment to sustainability is multidimensional. 1. We will be aggressive in our drive to eliminate wasteful behavior. In some cases, this requires consistent application of very simple principles, such as reminding our associates to turn off lights when rooms are not in use, to print fewer hard copies of e-mails, to recycle waste, to optimize facility performance and to use mass transit for commuting to work. In other cases, we will be pursuing systematic improvements to the way we do business, such as better targeting customer mailing lists and shifting marketing to electronic media so we are printing and sending fewer hard copy advertisements.
2. We will reduce our use of scarce resources in a meaningful way. Macy’s, Inc. will pursue ongoing programs to consume less electricity and water, reduce our waste stream, and source more of our power from renewable resources such as solar energy. We will use fewer paper-related products, recycle more and seek to use paper made with postconsumer waste. We will work to migrate more of our output from paper to electronic/digital, including large scale projects such as monthly customer billing statements. By doing so, we will reduce the company’s greenhouse gas footprint, energy consumption and costs.
3. Where we have the option, we will pursue the most environmentally friendly solution. Whenever possible and sensible within the context of our business requirements, Macy’s, Inc. will be as aggressive as possible in changing for the better to preserve endangered forests, wildlife, water quality and eco-systems. We will explore ways to make our shopping bags, gift boxes, wrapping tissue, merchandise hangers and other staples of retailing from recycled and/ or certified paper sources, with a preference for Forest Stewardship Council (FSC) certification. The building materials used in our stores will be environmentally certified whenever reasonably possible.
4. We will take a 360-degree approach to sustainability, involving everyone around us. Macy’s, Inc. will advocate sustainability and renewability with our vendor partners, associates and customers. This will include developing supplier sustainability standards and promoting ecofriendly products to our customers. We will encourage our associates and ask them to support our initiatives with their ideas, energy, personal actions and volunteer time. We will support efforts in our communities and our nation to clean up the environment and reduce consumption of scarce resources.
5. We will measure what we do and strive toward quantifiable goals. Specifically, Macy’s, Inc., will seek to: • Reduce our total use of energy by another 10 percent to 15 percent by 2010, recognizing that we have already reduced our energy consumption by about 9 percent over the past five years. • Increase our use of renewable power sources (solar, wind, etc.) eight-fold by 2010 (from 2006 levels). • Reduce the amount of paper we use by at least 20 percent by 2010 (from 2006 levels). • Increase the percentage of recycled (10 percent PCW or higher) and/or third-party certified paper we use by 20-fold by 2010 (from 2006 levels) to at least 50 percent. Sweatshops and Child Labor In 1995, following government investigations into sweatshop conditions and incidents of child labor by some manufacturers of products for the American marketplace, Macy’s, Inc. adopted a stringent Vendor/Supplier Code of Conduct that sets out specific standards and requirements for any vendor doing business with Macy’s, Inc. All of the company’s vendors are required to sign written affirmations, agreeing to comply with the company’s Code of Conduct that is designed to protect workers in this country and abroad. Among other things, the Code requires Macy’s, Inc.’s vendors to allow unannounced factory inspections for contractual compliance, as well as for compliance with laws and regulations dealing with child or forced labor and unsafe working conditions. Inspections of factories engaged in the production of private brand merchandise for the company are made routinely, and violations can lead to termination by the company for noncompliance with the Code. (Macy’s, Inc.’s policy on sweatshops and forced or child labor is posted at www.macysinc.com. The company’s Vendor/Supplier Code of Conduct is available by calling 1-800-261-5385.) Welfare-to-Work
In cities from coast to coast, Macy’s, Inc. divisions are active partners with local governments and service organizations in ongoing programs helping to prepare welfare recipients to move into gainful employment. In addition to providing hands-on assistance in developing job criteria and specific training curricula, Macy’s, Inc.’s stores and central division offices have provided much-needed employment opportunities for many former welfare recipients who are entering the workforce, often for the first time. Consumer Choice
In a free society as eclectic and ethnically varied as ours, customers expect and demand a range of choices that meet their individual needs and fashion preferences. In our role as retailers we recognize that it is the consumer who ultimately will determine what products will continue to be viable retail offerings. Those decisions are made daily at the cash register by individual consumers and function as a singularly effective barometer for determining what will and will not be sold by retailers in a free and open marketplace. Varied and conflicting viewpoints about what should or should not be sold underscore our belief that factors unrelated to the workings of a free economy are inappropriate determinants of retail offerings. For example, while we respect the views of individuals who choose not to buy or wear fur, we also respect the wishes of many others who are our customers and who want to make such choices for themselves.
Macy’s, Inc. is involved in other crucial issue areas as well. Over the last several years the company has initiated and completed an extensive, readily achievable upgrading of stores and facilities to comply with the Americans With Disabilities Act. The company also has actively participated in facilitating consumer product recalls, in industry efforts to safeguard consumer privacy, and in preventing credit fraud and abuses of personal bankruptcy laws that cost American families millions of dollars annually. macys.com Hot Products at Macy's Shoes at Macy's Tommy Hilfiger Nike Nike Guess JLO by Jennifer Lopez Jones New York Signature Lauren by Ralph Lauren - Apparel Sean John Tasso Elba Tasso Elba Kenneth Cole DKNY Adidas XOXO Calvin Klein Hugo Boss Nine West Curious by Britney Spears??? Collection Jones New York Signature Woman INC International Concepts Woman Charter Club Woman
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