At Macy's, Inc., we are guided by our values, which are embedded in how we think, act and operate and are woven throughout our business strategy. We call it Mission Every One. As part of this mission, we are directing $5 billion of our spend through 2025 to our people, partners, products and programs to create a more equitable and sustainable future. We believe that when our business includes everyone with a seat at the table, full potential can be realized, and innovation is unlocked.
We recognize and reward our diverse community of colleagues and partners to fuel our mutual growth, innovation and impact.
We’re increasing our investment in underrepresented designers, brands and business partners, products and service providers to amplify diverse voices, create better choices and expand opportunities for our colleagues, partners and communities. A portion of our overall $5B commitment will support retail and non-retail diverse-owned businesses, investments in diverse retail development programs including The Workshop at Macy's.
We’re advancing a more equitable future, and Macy’s, Inc. has focused corporate grant funding towards organizations on the front lines of advancing human rights, racial justice, workforce development and economic opportunity.
We’re accelerating the diverse representation of our leadership by achieving 30% ethnically diverse representation by 2025 at all levels director and above to more closely reflect our customers.
We’re providing an enterprise-wide, fully-funded education program for our colleagues through Guild Education, investing approximately $35M through 2025.
We’ve raised the minimum pay rate for colleagues at Macy’s, Inc. businesses to $15 per hour, furthering our mission to be the preferred employer where we operate by offering competitive pay and benefits.
We empower the curiosity and confidence of young people on their journey to become the leaders of tomorrow.
As part of our commitment to empower future leaders, we’ll donate more than $100M by 2025 to nonprofit organizations that support the emotional well-being and education of underrepresented youth, as well as environmental stewardship, such as Girls Inc., Trust for Public Land, APIA Scholars and The Trevor Project, plus many more.
Through the Future of Style Fund, we’re providing $2M by 2025 to support programs and scholarships to underrepresented youth in fashion, design and sustainability, and offering mentorship and employment opportunities through our business.
We engage our customers, colleagues, nonprofit, and community partners in mission-led campaigns, year-round, and will expand these initiatives moving forward. In 2022, we’re proud to have donated more than $34M and volunteered 54,000+ volunteer hours with our community partners.
For our planet, we curate and create sustainable products and services so people and planet can thrive together.
We're making it easier to find and shop products that are independently certified as responsibly made.
We're incorporating sustainably sourced raw materials and fibers into the design of our own products (including cotton, synthetic, and all wood-based materials) to support our goal of achieving 100% preferred materials in Macy's, Inc. Private Brands by 2030.
We're advancing worker's rights, women's equality, and family well-being in our global Private Brands value chain by investing $500K with nonprofits like Fashion Makes Change by 2025 to support our suppliers and their factories. We will also include worker well-being in social and environmental audits of 100% of our Strategic Tier 1 Private Label supplier facilities.
We're improving our operations by investing in sustainable innovations that help reduce, reuse, and repurpose materials to eliminate waste. We have also committed to set near-term company-wide emission reductions in line with climate science through the Science Based Targets initiative (SBTi).
“Mission Every One is an essential part of how we operate and make decisions as a business. We believe that when our business enables everyone to stand in their truth and have a seat at the table, they realize their full potential, which unlocks innovation and progress for all.”
Tony Spring, Chairman and Chief Executive Officer
We’re committed to using our business to tackle the barriers to representation, so that our brands, product offerings, and all levels of leadership better reflect the customers and communities where we live and work.
We’re focused on providing sustainable and ethically produced products and services for our customers, upholding human rights in the communities we operate and reducing our impact on the environment.
We’re proud to continue our decades-long legacy of giving back to the communities where we live, work, and play through grants, customer-led donations, and colleague volunteerism.
Retail's longest running diverse retail development program.
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