Qurate Retail Group Releases Second Annual Corporate Responsibility Report

·5 min read

2021 progress included record community giving of $41.6 million, expansion of team member resource groups to nearly 40 & recognition on Human Rights Campaign Foundation’s Corporate Equality Index & Bloomberg Gender-Equality Index.

WEST CHESTER, Pa. --News Direct-- Qurate Retail Group

WEST CHESTER, Pa., June 23, 2022 /3BL Media/ – Qurate Retail Group, a world leader in video commerce (“vCommerce”) across linear TV, ecommerce sites, streaming experiences and social apps, today announced the release of its second annual Corporate Responsibility (CR) Report. In 2021, the company made significant advancements toward its goal of inspiring a more sustainable way to retail that is intentionally inclusive, entrepreneurially driven, responsibly curated and waste-smart. Qurate Retail Group is part of Qurate Retail, Inc. (NASDAQ: QRTEA, QRTEB, QRTEP).

Qurate Retail Group puts trust and transparency at the heart of its business and has therefore set measurable, time-bound goals for its corporate responsibility program, focused on those challenges and needs where the company believes it can have the greatest impact. To maintain trust and transparency, Qurate Retail Group’s reporting follows relevant sector standards published by the Sustainability Accounting Standards Board (SASB), and the company’s corporate responsibility commitments are informed by a materiality assessment and guided by the United Nations’ Sustainable Development Goals.

“At its best, retail is more than just a way to fulfill our material needs,” said David Rawlinson II, President and CEO of Qurate Retail, Inc. “Retail is an opportunity to explore, dream and come together around shared ideas of what could be. In 2021, our team made tremendous strides on our long-term journey of putting our corporate responsibility vision into action. By leveraging Qurate’s ‘superpowers’ - our airtime, the reach of our digital platforms, our deep customer and vendor relationships, and our expertise in content production - we have been able to elevate diverse voices, improve the sustainability of our business, and have a positive impact on the many communities we touch around the world.”

“As a new member of the Business Roundtable, I signed the ‘Statement on the Purpose of a Corporation,’ a commitment by more than 180 CEOs to lead their companies for the benefit of all stakeholders,” Rawlinson added. “I look forward to building on this promise in the years ahead, working hand in hand with our talented community to co-author a brighter future.”

Highlights from the 2021 CR Report include:

Protecting Our Environment

  • Achieved waste-smart operations goal to eliminate all single-use plastic bottles from Qurate Retail Group corporate office locations worldwide by 2021, eliminating approximately 700,000 bottles per year

  • Achieved sustainable packaging goal to decrease the average emissions per package shipped by 5% (from a 2018 baseline) by 2022 and set more ambitious goals focused on reducing packaging emissions and increasing recycled content in outbound overpack fiber and plastic packaging

  • Made significant progress toward achieving 2022 Scope 1 and 2 greenhouse gas emissions-reduction goal of 14% by coming in at 13.46%

Curating Product Responsibly

  • Expanded Sourcing Social Responsibility program to cover vendors that account for 80% of volume of purchases in the U.S. and approximately 60% in Qurate Retail Group’s European supply chain

  • Increased number of available products made from sustainable fibers and products that have earned such seals as QVC and HSN Clean Beauty and QVC and HSN Conscious Choice Cleaning, which designate products formulated and manufactured without ingredients of concern

  • Helped consumers make responsible choices by expanding the use of sustainable materials at Garnet Hill and in multimillion-dollar brands at QVC, such as AnyBody, zuda and Denim & Co.

  • Launched Zulily’s first Sustainability Shop, along with a new show on sustainable living at QVC Japan

Championing Empowering & Belonging

  • Featured nearly 100 diverse entrepreneurs through Qurate Retail Group’s Small Business Spotlight program, a flagship program that offers diverse small businesses national exposure on QVC®, HSN® and Zulily®

  • Directed $41.6M in annual community giving — the highest amount in Qurate Retail Group history – supporting more than 1,000 nonprofits worldwide focused on multiple areas and issues, including health and wellbeing, hunger and social justice

  • Increased diverse representation among supervisory and leadership roles, with underrepresented racial/ethnic groups now comprising 21% of leaders, relative to our 2025 goal of 25%

  • Achieved 46% representation of women at the director+ level worldwide, marking significant progress toward meeting 2023 goal of 50% gender parity among this leadership group

  • Integrated DE&I practices into consumer and marketplace strategies, launching 17 diverse brands across HSN and QVC, QVC’s first Spanish-language program in the U.S., and a new QVC Italy program that features stories of resilience and empowerment

  • Launched 24 new Team Member Resource Groups (TMRGs) within the U.S. and across international markets, expanding the number of TMRGs to 39 worldwide that offer hundreds of new employee learning and engagement opportunities

  • Achieved a perfect 100% on Human Rights Campaign Foundation’s 2022 Corporate Equality Index and joined the 2022 Bloomberg Gender-Equality Index (based on applications submitted in 2021), in addition to Forbes’ list of America’s Best Employers for Diversity

To learn more about Qurate Retail Group’s Corporate Responsibility initiatives or to access the company’s 2021 CR Report, visit: www.qurateretailgroup.com/lp/corporate-responsibility.

About Qurate Retail Group

Qurate Retail GroupSM comprises seven leading retail brands – QVC®, HSN®, Zulily®, Ballard Designs®, Frontgate®, Garnet Hill® and Grandin Road® – all dedicated to providing a more human way to shop. Qurate Retail Group is the largest player in video commerce (“vCommerce”), which includes video-driven shopping across linear TV, ecommerce sites, digital streaming and social platforms. The retailer reaches more than 200 million homes worldwide via 14 television networks and reaches millions more via multiple streaming services, social pages, mobile apps, websites, print catalogs and in-store destinations. Qurate Retail Group combines shopping and entertainment to curate products, experiences, conversations and communities for millions of highly discerning shoppers. Headquartered in West Chester, Pa., Qurate Retail Group has team members in the U.S., the U.K., Germany, Japan, Italy, Poland and China. For more information, visit www.qurateretailgroup.com, follow @QurateRetailGrp on Facebook, Instagram or Twitter, or follow Qurate Retail Group on YouTube or LinkedIn.

Qurate Retail, Inc. (NASDAQ: QRTEA, QRTEB, QRTEP) is a Fortune 500 company that includes the Qurate Retail Group portfolio of brands as well as other minority interests and green energy investments.

View additional multimedia and more ESG storytelling from Qurate Retail Group on 3blmedia.com

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