Crocs, Inc. Releases 2014 Sustainability Report
March 24 2015 - 5:00PM
Crocs, Inc. (Nasdaq:CROX) today announced the release of its 2014
sustainability report. The third annual report provides an update
on the company's sustainability-related accomplishments and
objectives in the areas of Workplace & Supply Chain,
Environment, and Community & Employee Engagement.
An infographic accompanying this release is available at
http://media.globenewswire.com/cache/29994/file/32772.pdf
The report was developed using the Global Reporting Initiative
(GRI) reporting framework. These GRI "third-generation"
sustainability-reporting guidelines are used by more than 3,000
organizations worldwide to provide a common standard for producing
sustainability reports.
"Sustainability is a core priority at Crocs," said Scott
Crutchfield, chief operating officer at Crocs. "This means that we
are always looking for ways to lessen our environmental impact,
ensure our people are safe and cared for and that our partners and
our communities are supported to the best of our ability. We're
proud of the progress we made in 2014, but recognize that there's
more work to be done when it comes to our ongoing commitment to
make the world a better and more comfortable place."
This year's report is organized in three sections: Workplace
& Supply Chain; Environment; and Community & Employee
Engagement. Key accomplishments in these areas included:
- Completion of 138 social compliance audits with Crocs' Asia
contract manufacturers and an additional nine audits led by its
company-owned Mexico manufacturer. As a result of these audits, the
company's Asia tier-one contract manufacturers scored an average of
approximately 90 percent.
- Reduction of emission of volatile organic compounds (VOCs) per
pair of shoes manufactured by more than 17 percent compared to a
2013 baseline, as a result of switching to water-based
adhesives.
- Launch of a program to re-use rubber scrap in operations from
two key Asia suppliers for factories using compression molding
processes. Crocs maintains one of the lowest solid waste per-pair
levels in the footwear industry among companies that publish this
metric.
- Support for partnerships with There with Care, an organization
that provides services to low-income families with children facing
critical illness, and the Breast Cancer Welfare Association of
Malaysia – including monetary support, donation of Crocs footwear
and employee-led fundraising efforts.
For highlights from the report, please visit
http://company.crocs.com/our-company/sustainability/. Crocs
welcomes comments on the report at responsibility@crocs.com.
To learn more about Crocs or to find a Crocs store near you,
visit Crocs.com.
About Crocs, Inc.
Crocs, Inc. (Nasdaq:CROX) is a world leader in innovative casual
footwear for men, women and children. Crocs offers a broad
portfolio of all-season products, while remaining true to its core
molded footwear heritage. All Crocs™ shoes feature Croslite™
material, a proprietary, revolutionary technology that gives each
pair of shoes the soft, comfortable, lightweight, non-marking and
odor-resistant qualities that Crocs fans know and
love. Crocs celebrates the fun of being a little
different and encourages fans to "Find Your Fun" in every colorful
pair of shoes. Since its inception in 2002, Crocs has
sold more than 300 million pairs of shoes in more than 90 countries
around the world.
Get social with Crocs –www.crocs.com, www.facebook.com/crocs,
www.twitter.com/crocs, www.pinterest.com/crocsshoes.
CONTACT: Media Contact:
Katy Michael/Crocs, Inc.
(303) 848-7000
kmichael@crocs.com
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