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Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they were made. Some of these risks and uncertainties are described in the Companys filings with the Securities and Exchange Commission, including in the Risk Factors section of its Annual Report on Form 10-K for the fiscal year ended January29, 2022. Our annual ESG reporting highlights our initiatives and goals and details the Companys progress toward these goals.. Some highlights fromthe Companys 2021 ESG Report include: Adrian Sherman, Vice President, Environment & Social Responsibility, said, We are proud of the progress we have made on the environmental and social goals highlighted in our 2021 ESG Report. Over 85 percent of our customers are women and we are a woman-led Company; 87% of our workforce are women, with strong representation across every level of our organization, from our store associates to our Board of Directors. The Children's Place Announces the Expansion of Its Revolving Credit Facility From $350.. A new GHG reduction goal of 50% for scope 1 and scope 2 market-based emissions by the end of 2030. Leverage AI-based benchmarking to tackle production and pricing. It sets forth the progress made in fiscal 2020 on the Company . No representations and warranties are made as to the reasonableness of the assumptions. A reduction in GHG emissions of 41% against a 2018 baseline in owned and leased operations (scope 1 and scope 2), exceeding the previously announced goal of 30% targeted for 2030. (2.2-5212) Children who are eligible for "foster care services" as defined in 63.2-905 are "mandated" for CSA, meaning "sum-sufficient" funding for services must be appropriated by state and local governments. It sets forth the progress made in fiscal 2021 on the Companys environmental initiatives, including its science-based goals to reduce greenhouse gas (GHG) emissions, and its measurable targets to increase the use of more sustainable raw materials in products and to reduce the use of water and chemicals in its global supply chain. Contact: Investor Relations(201) 558-2400 ext. The 2020 ESG Report also establishes new and updated environmental goals against which future annual reports will measure progress on addressing climate change, water stewardship initiatives, chemical management programs, waste diversion targets and circularity through reuse and recycling. Create your Watchlist to save your favorite quotes on Nasdaq.com. Moving from virgin polyester to recycled polyester is a major part of the new goals weve set here, Sherman told Sourcing Journal. Backtested performance is not an indicator of future actual results. Adding onto that, consumers climate concerns pushed the retailer further to prioritize areas like emissions, waste and materials. The 2020 ESG Report also establishes new and updated environmental goals against which future annual reports will measure progress on addressing climate change, water stewardship initiatives, chemical management programs, waste diversion targets and circularity through reuse and recycling. Some of these risks and uncertainties are described in the Company's filings with the Securities and Exchange Commission, including in the Risk Factors section of its annual report on Form 10-K for the fiscal year ended January 30, 2021. These forward-looking statements are based upon the Companys current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results and performance to differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they were made. The Children's Place, Inc. SECAUCUS, N.J., Oct. 31, 2022 (GLOBE NEWSWIRE) -- The Childrens Place, Inc. (Nasdaq: PLCE), the largest pure-play childrens specialty apparel retailer in North America, today announced the release of its 2021 Environment, Social and Governance (ESG) Report. To view its 2021 ESG Report, please visit the Companys website at https://corporate.childrensplace.com, under the ESG tab. The 2021 ESG Report details the Companys strategic approach to ESG. Included among the risks and uncertainties that could cause actual results and performance to differ materially are the risk that the Company will be unsuccessful in gauging fashion trends and changing consumer preferences, the risks resulting from the highly competitive nature of the Companys business and its dependence on consumer spending patterns, which may be affected by changes in economic conditions, the risks related to the COVID-19 pandemic, including the impact of the COVID-19 pandemic on our business or the economy in general (including decreased customer traffic, schools adopting remote and hybrid learning models, closures of businesses and other activities causing decreased demand for our products and negative impacts on our customers spending patterns due to decreased income or actual or perceived wealth, and the impact of legislation related to the COVID-19 pandemic, including any changes to such legislation), the risk that the Companys strategic initiatives to increase sales and margin are delayed or do not result in anticipated improvements, the risk of delays, interruptions and disruptions in the Companys global supply chain, including resulting from the COVID-19 pandemic or other disease outbreaks, foreign sources of supply in less developed countries, more politically unstable countries, or countries where vendors fail to comply with industry standards or ethical business practices, including the use of forced, indentured or child labor, the risk that the cost of raw materials or energy prices will increase beyond current expectations or that the Company is unable to offset cost increases through value engineering or price increases, various types of litigation, including class action litigations brought under consumer protection, employment, and privacy and information security laws and regulations, the imposition of regulations affecting the importation of foreign-produced merchandise, including duties and tariffs, and the uncertainty of weather patterns. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Directions. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. Receive Our Daily Newsletter & Special Offers. The Children's Place Issues 2021 Annual ESG Report - Yahoo Finance Enter your email to receive our newsletter. It sets forth the progress made in fiscal 2021 on the . This report covers The Children's Place's global operations for the 2020 fiscal year beginning February 2, 2020 and ending January 30, 2021. It sets forth the progress made in fiscal 2021 on the Companys environmental initiatives, including its science-based goals to reduce greenhouse gas (GHG) emissions, and its measurable targets to increase the use of more sustainable raw materials in products and to reduce the use of water and chemicals in its global supply chain. To view its 2021 ESG Report, please visit the Companys website at https://corporate.childrensplace.com, under the ESG tab. We believe our strong commitment to gender diversity gives us a competitive edge in the marketplace, and to reinforce our strong support for women, we have expanded our commitments this year with new goals to maintain representation of women in our overall workforce of 80% or over, and to maintain at least 50% representation of women in our corporate leadership.. The Childrens Place Board of Directors and its Committees have oversight responsibility for ESG matters, and the Companys goals and initiatives are informed by the Sustainable Accounting Standards Board (SASB) standards, the GRI (formerly the Global Reporting Initiative) standards, and the United Nations Sustainable Development Goals (SDGs). Help us improve your experience, delivering more of what you want. SECAUCUS, N.J., Oct. 31, 2022 (GLOBE NEWSWIRE) -- The Children's Place, Inc. (Nasdaq: PLCE), the largest pure-play children's specialty apparel retailer in North America, today announced the release of its 2021 Environment, Social and Governance (ESG) Report. November 15, 2021 08:30 ET In these . From fiscal 2019 to 2020, which ended Jan. 1, 2021, the childrens wear retailer grew the amount of responsibly sourced cotton it used from just 6 percent to 46 percent. The Childrens Places report also highlighted its newest brand, tween e-commerce label Sugar & Jade, saying that sustainability and community are part of the overall core vision for the retailer going forward. The 2021 ESG Report details the Companys strategic approach to ESG. Our annual ESG reporting highlights our initiatives and goals and details the Companys progress toward these goals.. The Childrens Places second annual Environment, Social and Governance (ESG) report reveals its ambition to responsibly source 100 percent of the cotton it uses by 2025. These forward-looking statements are based upon the Companys current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results and performance to differ materially. Hosted by the Paris Peace Forum, the commission comprises 13 global leaders, including former . Over 85 percent of our customers are women and we are a woman-led Company; 87% of our workforce are women, with strong representation across every level of our organization, from our store associates to our Board of Directors. The Worst States For Black Americans: Every State Ranked The 2020 ESG Report details the Companys strategic approach to ESG. Show all The Children's Place stores. The Company designs, contracts to manufacture, sells at retail and wholesale, and licenses to sell fashionable, high-quality merchandise predominantly at value prices, primarily under the proprietary The Childrens Place, Place, Baby Place, Gymboree, Sugar & Jade and, PJ Place brand names. The Children's Place Issues 2020 Annual ESG Report | Nasdaq To view our 2020 ESG Report, please visit the Companys website at https://corporate.childrensplace.com under the ESG tab. In dozens of countries around the world, journalists and media outlets serve as little more than government mouthpieces - and often not by choice. The Childrens Place Board of Directors and its Committees have oversight responsibility for ESG matters, and the Companys goals and initiatives are informed by the Sustainable Accounting Standards Board (SASB) standards, the GRI (formerly the Global Reporting Initiative) standards, and the United Nations Sustainable Development Goals (SDGs). Not everyone thinks it should. Your email address will not be published. Over two-thirds of the cotton fibers used in the Companys apparel are now responsibly sourced with a goal of 100% responsibly sourced cotton by the end of fiscal 2025. The Company designs, contracts to manufacture, sells at retail and wholesale, and licenses to sell fashionable, high-quality merchandise predominantly at value prices, primarily under the proprietary The Childrens Place, Place , Baby Place, Gymboree and Sugar & Jade brand names. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. The Overshoot Commission is talking about solar geoengineering. Not In bolstering its recycled fiber offering, the company is keeping in line with certifications such as the GRS, or Global Recycle Standard. From the same 2018 baseline, The Childrens Place wants to cut absolute scope 3 GHG emissions from purchased goods and product transport by 30 percent by 2030 as well. Included among the risks and uncertainties that could cause actual results and performance to differ materially are the risk that the Company will be unsuccessful in gauging fashion trends and changing consumer preferences, the risks resulting from the highly competitive nature of the Companys business and its dependence on consumer spending patterns, which may be affected by changes in economic conditions, the risks related to the COVID-19 pandemic, including the impact of the COVID-19 pandemic on our business or the economy in general (including decreased customer traffic, schools adopting remote and hybrid learning models, closures of businesses and other activities causing decreased demand for our products and negative impacts on our customers spending patterns due to decreased income or actual or perceived wealth, and the impact of legislation related to the COVID-19 pandemic, including any changes to such legislation), the risk that the Companys strategic initiatives to increase sales and margin are delayed or do not result in anticipated improvements, the risk of delays, interruptions and disruptions in the Companys global supply chain, including resulting from the COVID-19 pandemic or other disease outbreaks, foreign sources of supply in less developed countries, more politically unstable countries, or countries where vendors fail to comply with industry standards or ethical business practices, including the use of forced, indentured or child labor, the risk that the cost of raw materials or energy prices will increase beyond current expectations or that the Company is unable to offset cost increases through value engineering or price increases, various types of litigation, including class action litigations brought under consumer protection, employment, and privacy and information security laws and regulations, the imposition of regulations affecting the importation of foreign-produced merchandise, including duties and tariffs, and the uncertainty of weather patterns. including in the "Risk Factors" section of its annual report on Form 10-K for the fiscal year ended January 30, 2021. We believe our strong commitment to gender diversity gives us a competitive edge in the marketplace, and to reinforce our strong support for women, we have expanded our commitments this year with new goals to maintain representation of women in our overall workforce of 80% or over, and to maintain at least 50% representation of women in our corporate leadership.. Actual performance may differ significantly from backtested performance. Jane Elfers, President and CEO said, Our strong commitment is evident in our industry-leading gender diversity statistics. While we realize there is much work to be done in achieving the goals we have set, we remain committed to continued progress for the benefit of our customers, our shareholders, our associates, and the communities we impact through our operations., The 2021 ESG Report details the Companys continued commitment to social topics, including a focus on diversity, equity and inclusion (DE&I). The next significant step in the companys evolving raw material approach takes aim at polyester, according to Adrian Sherman, vice president, environment and social responsibility for The Childrens Place. The Company has online stores atwww.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 Companys eight international franchise partners had 208 international points of distribution in 17 countries. Over two-thirds of the cotton fibers used in the Companys apparel are now responsibly sourced with a goal of 100% responsibly sourced cotton by the end of fiscal 2025. During the 1960s, Americans across the country boycotted, sat, and marched to protest discrimination, segregation, and disenfranchisement of African Americans . This 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. A new GHG reduction goal of 50% for scope 1 and scope 2 market-based emissions by the end of 2030. The Company has a broad representation of races and ethnicities throughout the organization, with 67% of the Companys workforce identifying as racially/ethnically diverse. The Childrens Place is the largest pure-play childrens specialty apparel retailer in North America. Included among the risks and uncertainties that could cause actual results and performance to differ materially are the risk that the Company will be unsuccessful in gauging fashion trends and changing consumer preferences, the risks resulting from the highly competitive nature of the Companys business and its dependence on consumer spending patterns, which may be affected by changes in economic conditions, the risks related to the COVID-19 pandemic, including the impact of the COVID-19 pandemic on our business or the economy in general (including decreased customer traffic, schools adopting remote and hybrid learning models, closures of businesses and other activities causing decreased demand for our products and negative impacts on our customers spending patterns due to decreased income or actual or perceived wealth, and the impact of the CARES Act and other legislation related to the COVID-19 pandemic, and any changes to the CARES Act or such other legislation), the risk that the Companys strategic initiatives to increase sales and margin are delayed or do not result in anticipated improvements, the risk of delays, interruptions and disruptions in the Companys global supply chain, including resulting from COVID-19 or other disease outbreaks, or foreign sources of supply in less developed countries, more politically unstable countries, or countries where vendors fail to comply with industry standards or ethical business practices, including the use of forced, indentured or child labor, the risk that the cost of raw materials or energy prices will increase beyond current expectations or that the Company is unable to offset cost increases through value engineering or price increases, various types of litigation, including class action litigations brought under consumer protection, employment, and privacy and information security laws and regulations, the imposition of regulations affecting the importation of foreign-produced merchandise, including duties and tariffs, and the uncertainty of weather patterns. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Forward-looking statements typically are identified by use of terms such as may, will, should, plan, project, expect, anticipate, estimate and similar words, although some forward-looking statements are expressed differently. SECAUCUS, N.J., Oct. 31, 2022 (GLOBE NEWSWIRE) -- The Childrens Place, Inc. (Nasdaq: PLCE), the largest pure-play childrens specialty apparel retailer in North America, today announced the release of its 2021 Environment, Social and Governance (ESG) Report. The Company actively strives to ensure that its workplace includes a diverse range of perspectives and backgrounds at the Board of Director level, in senior leadership and throughout its management and associate base. Are Biodegradable Textiles Really Just a Myth? The 2021 ESG Report details the Company's strategic approach to ESG. TipRanks is a comprehensive research tool that helps investors make better, data-driven investment decisions. Some of these risks and uncertainties are described in the Companys filings with the Securities and Exchange Commission, including in the Risk Factors section of its Annual Report on Form 10-K for the fiscal year ended January29, 2022. The Company designs, contracts to manufacture, sells at retail and wholesale, and licenses to sell fashionable, high-quality merchandise predominantly at value prices, primarily under the proprietary The Childrens Place, Place , Baby Place, Gymboree and Sugar & Jade brand names. . Delayed Nasdaq Were proud of our diverse teams that we have in place, and we recognize and celebrate the strong gender and racial representation that we have across the company. The Children's Place's second annual Environment, Social and Governance report reveals its ambition to responsibly source 100 percent of the cotton it uses by 2025.. From fiscal 2019 to 2020, which ended Jan. 1, 2021, the children's wear retailer grew the amount of responsibly sourced cotton it used from just 6 percent to 46 percent. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. June 6, 2023. The Children s Place was founded in 1969 and has grown to become the largest pure-play children s specialty apparel retailer in North America. Forward-looking statements typically are identified by use of terms such as may, will, should, plan, project, expect, anticipate, estimate and similar words, although some forward-looking statements are expressed differently. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. The 2020 ESG Report details the Company's strategic approach to ESG. This 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 Companys strategic initiatives and adjusted net income per diluted share. Forward-looking statements typically are identified by use of terms such as may, will, should, plan, project, expect, anticipate, estimate and similar words, although some forward-looking statements are expressed differently. This past year, the Company reinforced its commitment to ensure that its workforce is reflective of local demographics and the customers the Company serves by setting a new goal to double the representation of Black/African American associates at its U.S. corporate offices by 2025. Connect with the definitive source for global and local news. | March 11, 2023 The 2021 ESG Report details the Companys strategic approach to ESG. Jane Elfers, President and CEO said, "Our strong commitment is evident in our industry-leading gender diversity statistics. For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate., Invest Like a Pro with Unique Data & Simplifed Tools, The Childrens Place Announces the Expansion of Its Revolving Credit Facility From $350 Million to $445 Million, Short Report: Bears load up on beaten down consumer cyclicals into rally, PLCE Nosedives on Big Q1 Miss; Outlook Disappoints. These forward-looking statements are based upon the Companys current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results and performance to differ materially. The Children's Place, Inc. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. This 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. When we look at climate change, we think that it is the most critical environmental issue of our time.. The Children's Place, Inc. Type a symbol or company name. Over two-thirds of the cotton fibers used in the Companys apparel are now responsibly sourced with a goal of 100% responsibly sourced cotton by the end of fiscal 2025. Directions to The Children's Place: . To view its 2021 ESG Report, please visit the Companys website at https://corporate.childrensplace.com, under the ESG tab. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. These symbols will be available throughout the site during your session. Jane Elfers, President and CEO said, Our strong commitment is evident in our industry-leading gender diversity statistics. The company has made progress by improving its global cotton farming practices through membership in the Better Cotton Initiative (BCI). An eye-watering and cough-inducing smoky haze from Canadian wildfires smothered a swath of the eastern and northern United States on Tuesday, with officials warning residents with . Report data covers fiscal 2020 unless otherwise . The Childrens Place is the largest pure-play childrens specialty apparel retailer in North America. A new GHG reduction goal of 50% for scope 1 and scope 2 market-based emissions by the end of 2030. Mall hours. November 15, 2021 08:30 ET | Source: The Children's Place, Inc. SECAUCUS, N.J., Nov. 15, 2021 (GLOBE NEWSWIRE) -- The Children's Place, Inc . The Children's Place Issues 2021 Annual ESG Report - GlobeNewswire While we realize there is much work to be done in achieving the goals we have set, we remain committed to continued progress for the benefit of our customers, our shareholders, our associates, and the communities we impact through our operations., The 2021 ESG Report details the Companys continued commitment to social topics, including a focus on diversity, equity and inclusion (DE&I). SECAUCUS, N.J., Oct. 31, 2022 (GLOBE NEWSWIRE) -- The Children's Place, Inc. (Nasdaq: PLCE), the largest pure-play children's specialty apparel retailer in North America, today announced the . This past year, the Company reinforced its commitment to ensure that its workforce is reflective of local demographics and the customers the Company serves by setting a new goal to double the representation of Black/African American associates at its U.S. corporate offices by 2025. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they were made. The 2021 ESG Report highlights 16 key focus areas for the Company and details its measurable goals and progress related to a number of topics: climate and energy, raw materials, water stewardship, chemical management, waste and circularity, diversity, equity and inclusion, community, and supply chain compliance and worker well-being. It sets forth the progress made in fiscal 2021 on the Company's environmental initiatives, including its science-based goals to reduce greenhouse gas (GHG) emissions . The Childrens Place Board of Directors and its Committees have oversight responsibility for ESG matters, and the Companys goals and initiatives are informed by the Sustainable Accounting Standards Board (SASB) standards, the GRI (formerly the Global Reporting Initiative) standards, and the United Nations Sustainable Development Goals (SDGs). This 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. Included among the risks and uncertainties that could cause actual results and performance to differ materially are the risk that the Company will be unsuccessful in gauging fashion trends and changing consumer preferences, the risks resulting from the highly competitive nature of the Companys business and its dependence on consumer spending patterns, which may be affected by changes in economic conditions, the risks related to the COVID-19 pandemic, including the impact of the COVID-19 pandemic on our business or the economy in general (including decreased customer traffic, schools adopting remote and hybrid learning models, closures of businesses and other activities causing decreased demand for our products and negative impacts on our customers spending patterns due to decreased income or actual or perceived wealth, and the impact of legislation related to the COVID-19 pandemic, including any changes to such legislation), the risk that the Companys strategic initiatives to increase sales and margin are delayed or do not result in anticipated improvements, the risk of delays, interruptions and disruptions in the Companys global supply chain, including resulting from the COVID-19 pandemic or other disease outbreaks, foreign sources of supply in less developed countries, more politically unstable countries, or countries where vendors fail to comply with industry standards or ethical business practices, including the use of forced, indentured or child labor, the risk that the cost of raw materials or energy prices will increase beyond current expectations or that the Company is unable to offset cost increases through value engineering or price increases, various types of litigation, including class action litigations brought under consumer protection, employment, and privacy and information security laws and regulations, the imposition of regulations affecting the importation of foreign-produced merchandise, including duties and tariffs, and the uncertainty of weather patterns.

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