The future of fashion must prioritize access over excess
The future of fashion must prioritize access over excess
For too long fashion has thrived on excess.
Rent the Runway was founded to — and continues to —
disrupt the industry’s pollutive and exclusive norms
via shared access.
RTR’s Impact Strategy tackles pressing environmental and
social issues facing our industry that we are uniquely
equipped to address:
For too long fashion has thrived on excess. Rent the Runway was founded to — and continues to — disrupt the industry’s pollutive and exclusive norms
via shared access.
RTR’s Impact Strategy tackles pressing environmental and social issues facing our industry that we are uniquely equipped to address:
Displace New ProductionDisplace New ProductionDisplacing the need for new
production of at least half a million
garments through the next five years.
Minimize WasteMinimize WasteDiverting 90% of waste from landfill
for our warehouse operations, which
means continuing to divert nearly
100% of unusable clothing from
landfill.
Offset Carbon EmissionsOffset Carbon EmissionsOffsetting 100% of carbon emissions
from shipments to and from customers
starting in fiscal year 2022.
Additional Priorities
We feel it’s our responsibility to ensure we’re doing the foundational work, too:
Additional Priorities
We feel it’s our responsibility to ensure we’re doing the foundational work, too:
Achieve Net Zero EmissionsAchieve Net Zero EmissionsReducing carbon emissions so that we operate with net zero emissions by 2040.
Ensure Diversity of Our WorkforceEnsure Diversity of Our WorkforceEnsuring our workforce remains diverse
and that leadership reflects the population of individual contributors.
Support Diversity in FashionSupport Diversity in FashionUsing our platform to support and
amplify diversity in fashion.
We’re committed to being transparent about our progress
and plan to report against our goals in our annual report
beginning in 2023.
We’re committed to being transparent about our progress and plan to report against our goals in our annual report beginning in 2023.
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 “Resources” below to learn more.
Production of 1.3 million estimated new garments displaced through our rental model in the past decade. Refer to “Resources” below to learn more.
4.1 million garment repairs performed as of June 2021.
1.1 million decommissioned rental product diverted from landfill via resale, donation or recycling as of June 2021.
45% of our U.S. Senior Leadership identifies as a racial and ethnic minority as of June 2021. Refer to “Resources” below to learn more.
100% of carbon emissions offset on shipments to and from customers starting in fiscal year 2022. Refer to “Resources” below to learn more.
Our Impact Strategy Ambitions
Our Impact Strategy Ambitions
What we aim to achieve as a business.
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 2024.
- Sustainably source 50% of key materials - cotton and polyester - 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 2024.
- Sustainably source 50% of key materials - cotton and polyester - we use for Exclusive Designs by fiscal year end 2026.
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 2024.
- Sustainably source 50% of key materials - cotton and polyester - 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 2024.
- Sustainably source 50% of key materials - cotton and polyester - we use for Exclusive Designs by fiscal year end 2026.
Minimize Waste From Our Business
- Divert 90% of waste from our warehouse operations from landfill by fiscal year end 2026.
- 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.
- Divert 90% of waste from our warehouse operations from landfill by fiscal year end 2026.
- 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 Business
- Divert 90% of waste from our warehouse operations from landfill by fiscal year end 2026.
- 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.
- Divert 90% of waste from our warehouse operations from landfill by fiscal year end 2026.
- 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.
Ensure Our Workforce Remains Diverse And That Leadership Reflects The Population Of Individual Contributors
- Maintain on average 40% representation of racial and ethnic minorities for the US corporate workforce through fiscal year end 2026.
- Maintain on average 50% representation of individuals identifying as women and non-binary in the US workforce through fiscal year end 2026.
- Double representation of LatinX leadership in the new hire classes at our Secaucus warehouse by fiscal year end 2026.
- Double representation of Black and LatinX leadership in new hire classes at our Dallas warehouse by fiscal year end 2026.
- Maintain on average 40% representation of racial and ethnic minorities for the US corporate workforce through fiscal year end 2026.
- Maintain on average 50% representation of individuals identifying as women and non-binary in the US workforce through fiscal year end 2026.
- Double representation of LatinX leadership in the new hire classes at our Secaucus warehouse by fiscal year end 2026.
- Double representation of Black and LatinX leadership in new hire classes at our Dallas warehouse by fiscal year end 2026.
Ensure Our Workforce Remains Diverse And That Leadership Reflects The Population Of Individual Contributors
- Maintain on average 40% representation of racial and ethnic minorities for the US corporate workforce through fiscal year end 2026.
- Maintain on average 50% representation of individuals identifying as women and non-binary in the US workforce through fiscal year end 2026.
- Double representation of LatinX leadership in the new hire classes at our Secaucus warehouse by fiscal year end 2026.
- Double representation of Black and LatinX leadership in new hire classes at our Dallas warehouse by fiscal year end 2026.
- Maintain on average 40% representation of racial and ethnic minorities for the US corporate workforce through fiscal year end 2026.
- Maintain on average 50% representation of individuals identifying as women and non-binary in the US workforce through fiscal year end 2026.
- Double representation of LatinX leadership in the new hire classes at our Secaucus warehouse by fiscal year end 2026.
- Double representation of Black and LatinX leadership in new hire classes at our Dallas warehouse by fiscal year end 2026.
Use Our Platform To Support And Amplify Diversity In Fashion
- $6 million cumulative spend with Black designers between fiscal year ended 2022 and fiscal year end 2026.
- Ensure at least 40% representation of racial and ethnic minorities in our marketing materials and imagery by fiscal year end 2026.
- $6 million cumulative spend with Black designers between fiscal year ended 2022 and fiscal year end 2026.
- Ensure at least 40% representation of racial and ethnic minorities in our marketing materials and imagery by fiscal year end 2026.
Use Our Platform To Support And Amplify Diversity In Fashion
- $6 million cumulative spend with Black designers between fiscal year ended 2022 and fiscal year end 2026.
- Ensure at least 40% representation of racial and ethnic minorities in our marketing materials and imagery by fiscal year end 2026.
- $6 million cumulative spend with Black designers between fiscal year ended 2022 and fiscal year end 2026.
- Ensure at least 40% representation of racial and ethnic minorities in our marketing materials and imagery by fiscal year end 2026.