The future of fashion must prioritize access over excess
The future of fashion must prioritize access over excess
Driving positive environmental and social impact is core to Rent the Runway’s business model. We enable our customers to buy less and wear more.
RTR’s Impact Strategy goals are focused on important environmental and social issues facing the fashion industry:
Driving positive environmental and social impact is core to Rent the Runway’s business model. We enable our customers to buy less and wear more.
RTR’s Impact Strategy goals are focused on important environmental and social issues facing the fashion industry:
Driving positive environmental and social impact is core to Rent the Runway’s business model. We enable our customers to buy less and wear more.
RTR’s Impact Strategy goals are focused on important environmental and social issues facing the fashion industry:
Displace New ProductionDisplace New ProductionDisplacing the need for new
production of at least half a million
garments through fiscal year 2026.
Minimize WasteMinimize WasteDiverting 90% of warehouse operations waste from landfill, which means continuing to divert nearly 100% of unusable clothing from landfill.
Offset Carbon EmissionsOffset Carbon EmissionsOffsetting 100% of estimated carbon
emissions from shipments to and from customers
starting in fiscal year 2022.
Additional Priorities
We feel it’s our responsibility to focus on the foundational work too:
Additional Priorities
We feel it’s our responsibility to focus on the foundational work too:
Achieve Net Zero EmissionsAchieve Net Zero EmissionsReducing carbon emissions so that we operate with net zero emissions by 2040.
Foster Diversity and Inclusion in Our WorkforceFoster Diversity and Inclusion in Our WorkforceCultivate a diverse workforce where employees thrive.
Support Diversity in FashionSupport Diversity in FashionUsing our platform to support and
amplify diversity in fashion.
We are committed to being transparent about our progress
and report against our goals annually.
We are committed to being transparent about our progress and report against our goals annually.
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 the Resources below to learn more.
Production of 1.6 million estimated new garments displaced through our rental model since 2010. Refer to the Resources below to learn more.
6.5 million garment repairs performed as of January 31, 2024.
1.4 million decommissioned rental product diverted from landfill via resale, donation or recycling with our partner organizations as of January 31, 2024.
47% of our U.S. corporate workforce identifies as a racial and ethnic minority as of January 31, 2024.
100% of estimated carbon emissions offset on shipments to and from customers starting in fiscal year 2022. Refer to the Resources below to learn more.
Our Impact Strategy Ambitions
Our Impact Strategy Ambitions
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 2025.
- Sustainably source 50% of key materials - cotton, polyester, and linen - 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 2025.
- Sustainably source 50% of key materials - cotton, polyester, and linen - 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.
Foster a diverse and inclusive workforce and culture where our employees thrive.
Use our platform to support and amplify diversity in fashion.
- $6 million cumulative spend with Black designers between fiscal year 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 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.