What: Neiman Marcus Group has released its third ESG report, Our Journey to Revolutionize Impact, highlighting significant progress towards its 2025 goals.

Why it is important: The company is committed to reducing its environmental footprint, partnering with the Science-Based Targets Initiative, and advancing workplace equity. NMG is also dedicated to supporting diverse-owned brands, promoting flexibility in its working philosophy, and championing the next generation of industry leaders through partnerships with organizations such as the Fashion Scholarship Fund and Boys and Girls Club of America.

NMG has extended the useful life of over one million luxury items through circular services and increased racial and ethnic diversity in leadership roles. It achieved a perfect score in the Human Rights Campaign's Corporate Equality Index and was recognized as a top company for disability inclusion. NMG's ESG strategy focuses on advancing sustainable products and services, fostering a culture of Belonging, and leading with love in its communities.

Neiman Marcus Group is advancing its ESG strategy to meet its 2025 goals