CLIMATE REPORT2024Janelle Smiley New ZealandNgāi Tahu TerritoryWELCOME3OUR CLIMATE STRATEGY9PRODUCTS14SUPPLIERS23TRANSPORTATION29BUILDINGS32GOVERNANCE & ENGAGEMENT35APPENDIX41Brohm Ridge, BC Siwx̱. wú7meshARC’TERYXCLIMATE REPORT 20242OUR CLIMATE STRATEGYPRODUCTSSUPPLIERSTRANSPORTATIONBUILIDINGSGOVERNANCE & ENGAGEMENTAPPENDIXWELCOMEWELCOMEOur six̱th annual climate report is the account of the Arc'teryx̱ journey so far as we navigate toward our net-zero summit.ARC’TERYXCLIMATE REPORT 20243OUR CLIMATE STRATEGYPRODUCTSSUPPLIERSTRANSPORTATIONBUILIDINGSGOVERNANCE & ENGAGEMENTAPPENDIXWELCOMEIn 2024, it became ever clearer that climate change is not a distant threat. Arc’teryx̱ is located at the foot of the Coast Mountains of British Columbia, and our work is deeply rooted in the fragile alpine environments and temperate forests around us. We see the impact of ex̱treme weather all around us, altering mountain landscapes and affecting communities and ecosystems around the world.We recognize the effects we feel now pale in comparison to the potential impacts to come. This drives our commitment to act now and with urgency to help fight climate change.Our purpose is to Leave it Better. We have both a responsibility and a calling to reduce the impact our business has on the environment by transitioning from a traditional “take-make-waste” approach by decarbonizing and moving toward more circular business models.In 2020, we set our first science-based targets to reduce our emissions intensity by 2030. We made demonstrable progress toward these initial goals, but we knew we could do more. In 2023, we went back to the drawing board and set bolder, moreLEADERSHIP MESSAGEambitious science-based targets focused on reducing absolute emissions rather than emissions intensity. Our ultimate ambition as a business is to reach net-zero by reducing our greenhouse gas (GHG) emissions by at least 90% by 2050 from a 2022 base year. These updated targets were submitted and verified by the Science Based Targets initiative in 2024, pushing us to climb farther than ever before on our route to reach net-zero.We know that setting targets is only the first step on a long journey. In 2024, we developed a comprehensive roadmap to guide our journey toward net-zero and continued to make tangible forward progress. We made progress towarddecoupling GHG emissions from our business growth—while our absolute emissions did grow in 2024, our emissions intensity has continued to decrease, and our emissions grew at a slower rate than our revenue growth.As we look ahead to 2025, we will continue to act with urgency to climb toward net-zero, reduce our emissions, and deliver on our promise to Leave it Better.Stuart HaseldenChief Ex̱ecutive OfficerARC’TERYX4OUR CLIMATE STRATEGYPRODUCTSSUPPLIERSTRANSPORTATIONBUILIDINGSGOVERNANCE & ENGAGEMENTAPPENDIXWELCOMECLIMATE REPORT 2024Corporate offices Distribution centres Gl...
