Torrid Holdings Inc. published its 2023 Sustainability Report, outlining significant strides in integrating environmental, social, and governance (ESG) principles across its business operations. The report highlights a continued focus on sustainable materials sourcing, chemical management, and optimizing energy, waste, and water across the value chain.
Key accomplishments in 2023 include the use of Environmental Impact Measuring (EIM) software to evaluate denim products and improvements in EIM scores for bestselling jeans compared to 2022. The company also transitioned to sustainable trims, with 100% of jewelry carding made from FSC-certified fiber and 100% of shoebags made with biodegradable content.
In terms of environmental responsibility, Torrid implemented a new carbon accounting platform in 2023, calculating Scope 1 and 2 emissions for all retail stores, corporate headquarters, and distribution centers. The company reported total Scope 1 emissions of 2,907 metric tons CO2e and total Scope 2 emissions of 15,609 metric tons CO2e for 2023, showing a slight reduction from 2022 figures.
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