Our second annual ESG report continues our Journey to Revolutionize Impact – for our company and for our industry. ESG remains a critical part of our growth and transformation strategies, and our actions reflect this. While last year's report communicated our strategy and goals, this year's provides year-over-year performance and details about the strategic investments and partnerships that are operationalizing ESG throughout our business.
Our ESG strategy seeks to Revolutionize Luxury Experiences by:
Over the past year, we've invested in key roles, systems and infrastructure to help refine goals and data collection, drive progress, and hold ourselves accountable as we continue integrating ESG into our direct operations.
We've developed this report in alignment with the Sustainability Accounting Standards Board (SASB) standards for Multiline and Specialty Retailers & Distributors and with reference to the Global Reporting Initiative (GRI) Standards. The reporting period is FY22–August 1, 2021, to July 30, 2022–unless otherwise stated.
"NMG has the potential to impact crucial social and environmental issue by creating connections and experiences between two very influential groups—the world's most desired brands and American luxury customers. We take this position seriously and understand that our actions can and will make a difference at scale."
“Our ESG strategy and business outcomes are linked. Over the past year, we've made notable progress against our 2025 targets that aim to decouple growth from environmental and social impact.”