GAP's discharge of social responsibilities pay dividends
14 Jul '05
5 min read
· Ensuring workplace health and safety by exploring better processes and stricter enforcement of safety protocols. As a result, the worker injury rate decreased nine percent from 2003.
· Attracting and retaining talented employees by providing training and development opportunities, offering a holistic rewards programs that incorporates compensation, benefits and a recognition component, and encouraging open dialogue through formal and informal channels, including surveys, focus groups and the open-door policy.
"Over the past year, we've learned the power of collective engagement, and of open, honest discussion about the issues that we and many other companies face," Mr. Pressler said. "We know we still have a long way to go. That's why we're continuing to push the boundaries of what's possible, developing new programs and learning along the way."
Gap Inc is a garment retailer offering clothing, accessories and personal care products for men, women, children and babies under the Gap, Banana Republic and Old Navy brand names. Fiscal 2004 sales were $16.3 billion. Gap Inc. operates about 3,000 stores in the United States, the United Kingdom, Canada, France and Japan.
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