Nordstrom’s New Sustainability Goals in a COVID World

COVID is often equating to greater sustainability and greater interest in diversity and inclusion, and this week’s release of new sustainability standards by Nordstrom joins the trend.

What the Nordstrom CEP is saying: “As a company, we believe the impacts we have on our employees, customers and communities extend well beyond the walls of our stores. The idea that we have a role to play in building and shaping a positive, more inclusive and sustainable future isn’t new to us, but it’s become more important than ever.” 

Nordstrom’s updated corporate responsibility goals:

• By 20205 halve its use of single use plastics
• Promoting recycled beauty packaging
• Helping consumers recycle and donate clothing
• $1 million in grants to support industry innovation for textile recycling
• $250,000 in grants toward slowing and preventing climate change
• disclose traceability to the factory for 90% of Nordstrom Made products by 2025
• 90% of products from factories that invest in women’s rights 
• Living Wages for products that are Nordstrom Made
•  invest more than $50 million in communities where it operates
• Increased charitable matching

Financial news | Inside Nordstrom’s Plan to Become More Sustainable & Improve on Corporate Social Responsibility