The future of fashion must prioritize access over excess
The future of fashion must prioritize access over excess
Driving positive environmental and social impact is core to Rent the Runwayâs business model. We enable our customers to buy less and wear more.
RTRâs Impact Strategy goals are focused on important environmental and social issues facing the fashion industry:
Driving positive environmental and social impact is core to Rent the Runwayâs business model. We enable our customers to buy less and wear more.
RTRâs Impact Strategy goals are focused on important environmental and social issues facing the fashion industry:
Driving positive environmental and social impact is core to Rent the Runwayâs business model. We enable our customers to buy less and wear more.
RTRâs Impact Strategy goals are focused on important environmental and social issues facing the fashion industry:
Displace New ProductionDisplace New ProductionDisplacing the need for new production of at least half a million garments through fiscal year 2026.
Minimize WasteMinimize WasteMinimizing waste from our warehouse operations and diverting as much as possible from landfill, which means continuing to divert nearly 100% of unusable clothing from landfill.
Offset Carbon EmissionsOffset Carbon EmissionsOffsetting 100% of estimated carbon emissions from shipments to and from customers starting in fiscal year 2022.
Additional Priorities
We feel itâs our responsibility to focus on the foundational work too:
Additional Priorities
We feel itâs our responsibility to focus on the foundational work too:
Achieve Net Zero EmissionsAchieve Net Zero EmissionsReducing carbon emissions so that we operate with net zero emissions by 2040.
Foster Diversity and Inclusion in Our WorkforceFoster Diversity and Inclusion in Our WorkforceCultivating a diverse and inclusive workforce where all employees thrive.
Support Diversity in FashionSupport Diversity in FashionWorking with a vibrant community of diverse brands and talent in order to cater to our customersâ diverse needs.
We are committed to being transparent about our progress
and report against our goals annually.
We are committed to being transparent about our progress and report against our goals annually.
Highlights of Our Work to Date
Highlights of Our Work to Date
24% less water, 6% less energy, and 3% less emissions on average, per garment, when renting through our platform versus purchasing new. Refer to the Resources below to learn more.
Production of 1.6 million estimated new garments displaced through our rental model since 2010. Refer to the Resources below to learn more.
6.5 million garment repairs performed as of January 31, 2024.
1.4 million decommissioned rental product diverted from landfill via resale, donation or recycling with our partner organizations as of January 31, 2024.
47% of our U.S. corporate workforce identifies as a racial and ethnic minority as of January 31, 2024.
100% of estimated carbon emissions offset on shipments to and from customers starting in fiscal year 2022. Refer to the Resources below to learn more.
Our Impact Strategy Ambitions
Our Impact Strategy Ambitions
What we aim to achieve as a business.
Harness the power of our business model to set the standard for sustainable fashion.
Harness the power of our business model to set the standard for sustainable fashion.
Cultivate a culture and community where all people are inspired, empowered and thrive.
Cultivate a culture and community where all people are inspired, empowered and thrive.
Our Priorities & Goals
Our Priorities & Goals
Reduce carbon emissions from our business so that we operate with net zero emissions by 2040.
- Displace the need for new production of 500,000 garments by fiscal year end 2026.
- Power our owned and operated facilities (offices and warehouses) with 100% renewable electricity by fiscal year end 2026.
- Quantify our supply chain emissions (i.e. Scope 3 baseline) by fiscal year end 2026.
- Sustainably source 50% of key materials - cotton, polyester, and linen - we use for Exclusive Designs by fiscal year end 2026.
- Displace the need for new production of 500,000 garments by fiscal year end 2026.
- Power our owned and operated facilities (offices and warehouses) with 100% renewable electricity by fiscal year end 2026.
- Quantify our supply chain emissions (i.e. Scope 3 baseline) by fiscal year end 2026.
- Sustainably source 50% of key materials - cotton, polyester, and linen - we use for Exclusive Designs by fiscal year end 2026.
Minimize waste from our business.
- Minimize waste from our warehouse operations and divert as much as possible from landfill.
- Eliminate unnecessary plastic in shipments to customers and only utilize reusable, compostable or 100% recyclable content for necessary plastic packaging to customers by fiscal year end 2023.
- Minimize waste from our warehouse operations and divert as much as possible from landfill.
- Eliminate unnecessary plastic in shipments to customers and only utilize reusable, compostable or 100% recyclable content for necessary plastic packaging to customers by fiscal year end 2023.
Foster a diverse and inclusive workforce and culture where all of our employees thrive.
Work with a vibrant community of diverse brands and talent in order to cater to our customersâ diverse needs.