JCPenney JCP announced today that it has
released its 2013 Sustainability Report, detailing activities in fiscal year
2012, which ended February 2013. The report highlights strategic initiatives
to reduce the Company's environmental impact and encourage positive social
change.
"JCPenney has recently experienced a time of transition and change, but we've
never lost our focus on the importance of being socially and environmentally
responsible," said Myron E. (Mike) Ullman, III, Chief Executive Officer of
JCPenney. "Supporting the communities we serve goes well beyond philanthropic
efforts - it's also about making mindful decisions in all of our operations,
whether in stores, supply chain, customer service centers or international
offices."
The online report summarizes the Company's activity in the following
categories:
* Stores and Operations - JCPenney has a clear focus on operational
efficiency, utilizing programs to manage energy consumption, reduce waste
and encourage recycling across all approximately 1,100 stores and 14
logistics facilities. Through the Company's energy conservation efforts,
JCPenney has received ENERGY STAR certification in over 500 locations and
earned the ENERGY STAR Sustained Excellence Award for five consecutive
years.
* Supplier Social and Environmental Standards - JCPenney is committed to
responsible sourcing and improving social and environmental supply chain
standards. To ensure these high standards are met consistently, the
Company contracted Bureau Veritas (BV) to perform independent social
compliance audits. BV began independently auditing in February 2012, and
completed 826 audits within twelve months.
* Product Safety - JCPenney sets quality and safety standards for its
private brand products. The Company partnered with BV's Consumer Products
Services group to analyze product performance test results and spot
potential issues and concerns. The Company encourages national brand
partners to meet the same high production standards.
* Ethics - To emphasize the importance of our ethical culture, the Company
publishes a statement of business ethics in ten languages to be accessible
to associates in the countries where JCPenney does business.
* Employment - With approximately 116,000 associates across the globe in
stores, offices and facilities, JCPenney continually celebrates and
enriches its diverse and skilled workforce through business resource teams
and continuing education.
* Community - James Cash Penney founded JCPenney on the Golden Rule of
treating people as you would like to be treated. This principle continues
today through the Company's grants and sponsorships, disaster relief,
in-kind donations and community engagement through employee giving and
volunteerism. Our customers joined our efforts by rounding up their
purchases to the nearest dollar and donating over $10 million to
non-profit organizations from July to December of 2012
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