The Children’s Place Issues 2020 Annual ESG Report | Your Money | kulr8.com KULR-TVThe Children’s Place Issues 2020 Annual ESG Report | Your Money | kulr8.com KULR-TV
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SECAUCUS, N.J., November 15, 2021 (GLOBE NEWSWIRE — The Children’s Place, Inc. (Nasdaq : PLCE), North America’s largest pure-play children’s specialty clothing retailer, today released its 2020 Environment, Social and Governance Report. The 2020 ESG Report outlines the Company’s strategic approach towards ESG. The 2020 ESG Report details the Company’s strategic approach to ESG. The 2020 ESG Report includes new and updated environmental goals that will be used to measure progress in future annual reports. These include its science-based goals to reduce greenhouse gas emissions, chemical management programs, waste diversion targets, and circularity through reuse, recycling, and water stewardship initiatives. Our annual ESG report highlights our initiatives and goals, and details the Company’s progress towards these goals. “The Children’s Place Board of Directors and its Committees have oversight responsibility for ESG matters, and the Company’s goals and initiatives are informed by the Sustainability Accounting Standards Board (SASB) standards, the Global Reporting Initiative (GRI) standards, and the United Nations Sustainable Development Goals (SDGs).To view our 2020 ESG Report, please visit the Company’s website at https://corporate.childrensplace.com under the ESG tab.About The Children’s Place, Inc.The Children’s Place is the largest pure-play children’s specialty apparel retailer in North America. The Company designs, contracts for manufacturing, sells at wholesale and retail, and licenses to distribute fashionable, high-quality merchandise primarily at value prices. The Company has online stores at www.childrensplace.com, www.gymboree.com and www.sugarandjade.com, and, as of July 31, 2021, the Company had 708 stores in the United States, Canada and Puerto Rico, and the Company’s eight international franchise partners had 208 international points of distribution in 17 countries.Forward Looking StatementsThis press release, contains or may contain forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to statements relating to the Company’s strategic initiatives and adjusted net income per diluted share. Forward-looking statements are often identified using terms such as “may”, “will”, “should”, “should,” and “should” along with similar words. However, some forward-looking statements may be expressed differently. These forward-looking statements are based on the Company’s current expectations, assumptions, and are subject to various uncertainties that could cause actual results or performance to differ materially. These risks and uncertainties are detailed in the Company’s annual reports on Form 10-K for fiscal year ending January 30, 2021. There are many risks and uncertainties that could lead to actual results and performance being different from those expected. These include the possibility that the Company will not be able to gauge fashion trends and change consumer preferences, the risks resulting in the Company’s highly competitive business and its dependence upon consumer spending patterns, the risk of delays in its annual report on Form 10-K for the fiscal year ended January 30, 2021, and the “Risk Factors” section. These forward-looking statements are only valid as of the date made. The Company does not undertake any obligation to publicly release any revisions to these forward looking statements that may be made to reflect changes in circumstances or events after the date hereof, or the occurrence of unanticipated developments. 14500