Crocs, Inc. Publishes 2024 Comfort Report Showcasing its Purpose in Action Across the Enterprise and its Brands
Rhea-AI Summary
Crocs, Inc. (NASDAQ: CROX) has released its 2024 Comfort Report, highlighting significant progress in corporate responsibility and sustainability initiatives. The company achieved 25% bio-circular content in its Croslite™ material, reducing emissions per Classic Clog pair by 5% compared to 2023 and 10% from 2021.
Key developments include the expansion of the Old Crocs. New Life. takeback program to all 183 stores in the U.S. and Canada, plus European locations. The company launched the Keep It Going Classic Clog featuring 25% post-consumer recycled content. Additionally, Crocs introduced STEP UP TO GREATNESS, a community program partnering with UNICEF and Big Brothers Big Sisters to support over 3 million young people.
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News Market Reaction – CROX
On the day this news was published, CROX gained 1.43%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Report details the enterprise's collective momentum with employees, fans, suppliers, business and community partners to innovate for quality, comfort and Purpose
This annual report demonstrates how Crocs, Inc., inclusive of the Crocs and HEYDUDE brands, continues building upon its guiding pillars of Comfort for the Planet, Comfort for Our Communities, and Comfort for All People through its action-oriented ambitions of Inclusivity, Climate, Circularity, and Community.
"Our Purpose strategy is a catalyst for stronger business outcomes and a More Comfortable World For All," said Andrew Rees, CEO, Crocs, Inc. "In embracing this shared understanding, our global teams have approached Purpose with a spirit of collaboration and a focus on innovation. Embedding impact into the way we operate isn't just about doing good – it's also about creating a resilient, future-ready business."
In 2024, the Crocs brand achieved
Additionally, Crocs expanded its Old Crocs. New Life. consumer takeback program from its 2023 pilot to all 183 stores in the continental
During 2024, Crocs, Inc. also introduced STEP UP TO GREATNESS, its community impact program that aims to helps young people ages 15-29 gain the skills they need to build confidence, access opportunities, unlock their potential, and be a positive force in their communities. Crocs, Inc. has committed to supporting more than 3 million young people to gain these STEP UP SKILLS by partnering with nonprofit organizations like UNICEF's UPSHIFT, a social innovation accelerator that equips young people with skills-building workshops, mentorship and entrepreneurial training, and Big Brothers Big Sisters, the preeminent youth mentoring organization in the
"Our teams around the world have worked together to take action toward our Purpose ambitions this past year," said Deanna Bratter, Chief Sustainability Officer, Crocs, Inc. "We have a lot of work ahead of us, and I am confident in our teams' collective efforts to Create a More Comfortable World For All."
Crocs, Inc.'s Purpose strategy continues to be underpinned by its commitment to Responsibility and strong corporate governance. Crocs, Inc. is moving forward knowing that its Purpose strategy is focused on opportunities to create sustained, shared value for our business, people and planet.
To read the complete Crocs, Inc. 2024 Comfort Report and learn more about how the company is taking action to Create a More Comfortable World For All, visit investors.crocs.com/responsibility.
About Crocs, Inc.:
Crocs, Inc. (Nasdaq: CROX), headquartered in
PR Contact:
Austin Cozzolino, Crocs, Inc.
303-848-7461
Acozzolino@crocs.com
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SOURCE Crocs, Inc.
FAQ
What sustainability goals did Crocs (CROX) achieve in 2024?
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What is Crocs' STEP UP TO GREATNESS program?
What is the Keep It Going Classic Clog by Crocs?
