hibbett, inc.

FY2023 ENVIRONMENT, SOCIAL

& GOVERNANCE

At Hibbett, we have a clear sense of our purpose and consistent values ​demonstrated through our corporate strategy, which we refer to as our MVPs:



Environmental, social, and governance (ESG) issues and initiatives are a ​priority for us and are embedded in our culture and across our MVPs. We ​believe it is core to our overall success, as well as the success of our ​employees, the customers and communities we serve, our vendor partners, ​and our shareholders.


Our purpose, values and commitment to our stakeholders are evident ​throughout this Fiscal 2023 ESG Report, as we share our commitment to ​ethical business practices, our culture of service, our diversity, equity and ​inclusion efforts, and the ongoing progress we have made on our sustainability ​journey.


In an effort to maintain transparency and accountability, our 2023 ESG ​Report also includes disclosures aligned with the Sustainability Accounting ​Standards Board (SASB) Index and the Task Force for Climate Related ​Financial Disclosures (TCFD). *These disclosures can be found in an index at ​the end of this report.


Mission, Vision, Position and Principles.

*Hibbett has elected to disclose relevant ESG metrics from the SASB standards for the Consumer Goods, Multiline and Specialty Retailers and Distributors sector and Consumer Goods, E-Commerce sector, as well as certain disclosures in line with the TCFD. ​Unless otherwise noted, the metrics and statements contained herein cover the period from January 30, 2022 to January 28, 2023 (Fiscal Year 2023).

OUR MISSION is to inspire self-expression from TOE-TO-HEAD –

one customer, one outfit, and one community at a time.

Registered Trademark Logo
Cut off Paper Edges
Cut off Paper Edges
Cut off Paper Edges
Blue Splash Watercolor Paint
Cut off Paper Edges
Red Splash Watercolor Paint
Bright Yellow Splash Watercolor Paint
Cut off Paper Edges
Cut off Paper Edges

Vision

Our of being the leading source for the hottest trends in athletic inspired footwear and apparel requires relentless commitment ​and drive. We want to be the number one source for our customers and the most relevant partner for our vendors. We are committed to ​tackling the opportunities ESG provides with that same vigor and transparency. Like any winning team, we are relentlessly disciplined, measure ​our progress, assess our risks, and try to be nimble, rapidly adjusting to ever-changing circumstances.

Our Position

We target customers that are athletically inspired and influenced by current style trends in underserved US markets. We aspire to provide ​access to trendy, high-end sneakers and complementary TOE-TO-HEAD looks in modern, full-service stores, integrated with best-in-class digital ​platforms that create a level of availability and convenience that exceeds all other local and digital alternatives.

Registered Trademark Logo
Ripped Paper Line Texture
Ripped Paper Line Texture

mobile app

Decorative Torn Paper
Decorative Torn Paper

Local stores

Decorative Torn Paper
Decorative Torn Paper
Ripped Paper Line Texture
Ripped Paper Line Texture

online

Grunge Smear Brushstroke

Our Guiding Principles

WIN AS A TEAM

Our team is comprised of diverse, compassionate, and competitive individuals. ​We relish in the process of winning through taking initiative, embracing ​change, and sharing in the benefits and celebration of our success.


Bring unrivaled customer experiences

We bring a combination of the most compelling fits and superior customer ​service to every customer, every time. We deliver on our promises and are ​forever learning, listening, and quickly adapting to our customers’ needs.


Represent the community

We take pride in and share a sense of responsibility with our communities. We ​reflect the diversity of the communities we serve by hiring from within them, ​sometimes providing our employees with their first jobs and providing ​mentorship and leadership opportunities, and we strengthen our connectivity ​through local events and social programs.


Do the right thing

We are responsible corporate citizens who support environmentally sustainable ​practices, conduct ourselves ethically, operate with a focus on safety, and ​encourage transparency and honesty.

The principles that guide us and shape our culture are the bedrock of our ​ESG work. Our employees understand and connect with our purpose and ​principles and our customers see and hear what we stand for. We know ​it is vital for our employees to work for and our customers do business ​with a company that shares their values.

Grunge Smear Brushstroke
Cut off Paper Edges
Cut off Paper Edges
Grunge Smear Brushstroke
Grunge Smear Brushstroke

a message from our Ceo

Although Hibbett | City Gear has ​proudly served local communities for seventy-five ​plus years, we continue to evolve as an organization, guided by four key principles: ​win as a team, ​bring unrivaled customer experiences, represent the community, and ​do the right ​thing. These principles are foundational to shaping our culture and ​serve to embed ​ESG into our strategy and value system.


I am a firm believer in being deliberate about our culture, and that starts with our ​​leaders being aligned to our principles and values and empowering them to lead ​​across the organization. For many leaders within our organization, it is their first ​​time in a leadership role, particularly those running our stores. We take a great ​​deal of pride in hiring from the communities we serve, equipping them with skills, ​​confidence, and a sense of ownership of the stores they operate. Leaders ​​empowered in this way serve a vital role in reinforcing our principles and values ​​across our nearly 11,000 associate strong organization, as well as with the millions ​of ​customers with whom we interact.


One of the key elements that is embedded into our culture and value system is the ​​expectation of treating each other with dignity and respect. This is important to us ​​from our local stores, distribution centers, Store Support Center, to our vendor ​​partners. We draw a great deal of organizational strength from the diversity of our ​​teams, and we learn from each other every day. We believe being authentic in our ​​representation of the communities, especially the richness in diversity it brings, is ​​the right way to do business and gives us a competitive advantage.


Throughout this report, you will see examples of active work and ambitious plans ​as we ​amplify our focus on our corporate responsibilities and ESG opportunities. ​Part of this responsibility is balancing being thoughtful about sustainability with ​returns to our shareholders. We look forward to the ​challenges of this balance and ​will not take it lightly, because as members of over a thousand ​local communities, ​we understand that playing a key role in supporting ​sustainable practices goes hand ​in hand with serving local communities.


I am proud of our progress and look forward to future opportunities to further ​enhance our existing work. I am confident ​that each action we take exponentially ​strengthens the future of our communities, our team, our ​company, and our ​nation.

Mike Longo

President and CEO, Hibbett | City Gear


Two Colored Brushstroke Paint

governance

Our Board of Directors has overall oversight and accountability for our ESG ​efforts. Our Board is committed to continuing education and development on a ​number of topics, including ESG.


Hibbett’s Board is comprised of three committees, each of which participates ​in ESG efforts under its particular charter:


The Nominating and Corporate Governance Committee is assigned primary ​oversight of our ESG efforts, including reviewing quarterly updates from ​Hibbett management and monitoring evolving disclosure requirements. The ​Audit Committee has direct responsibility for risk assessment and risk ​management, including cybersecurity, data privacy, and assurance, while the ​Compensation Committee oversees Human Capital Management issues including ​pay equity and diversity and inclusion initiatives.


Our Senior Vice President and General Counsel is the executive sponsor for ​our ESG program and reports directly to our CEO and the Board.

We have an established ESG Working Group that meets quarterly and includes ​members from Merchandising, Store Operations, Digital & Marketing, Store ​Development, Human Resources, Legal, Finance & Accounting, Information ​Technology, Supply Chain & Procurement, and Corporate Strategy.


In addition, our Sustainability Taskforce, which is a subcommittee of the ESG ​Work Group, meets at least bi-annually or more often as needed to discuss ​current sustainability initiatives and emerging opportunities. These cross-​functional teams drive ESG strategy across our organization.



In addition, our Sustainability Taskforce, which is a subcommittee of the ESG ​Work Group, meets at least bi-annually or more often as needed to discuss ​current sustainability initiatives and emerging opportunities. These cross-​functional teams drive ESG strategy across our organization.


In FY2023, Hibbett underwent a comprehensive materiality assessment ​conducted by Forvis, a third-party accounting and advisory services firm. This ​assessment was conducted to learn more about ESG expectations from the ​perspective of different stakeholders. Customers, investors, vendor partners, ​and internal management were interviewed and/or participated in surveys ​identify key topics of focus to inform our existing and future ESG strategy.


Immediately following the materiality assessment, Hibbett engaged independent ​auditor Ernst & Young to perform an assessment of compliance readiness and ​disclosure quality in preparation for the United States Securities and Exchange ​Commission’s proposed rules on climate-related disclosures.


In FY2024, Hibbett’s executive management team and its Board of Directors ​plan to use these assessments to determine the Company’s long-term ESG ​strategy and develop a roadmap for the future of its ESG initiatives.



Cut off Paper Edges
Cut off Paper Edges

Enterprise Risk Management

Our Enterprise Risk Management (ERM) Committee has primary responsibility for understanding and ​managing all risks, including those related to ESG, which may impact our ability to achieve our ​purpose and objectives. The ERM Committee meets quarterly to discuss significant enterprise-level ​uncertainties.


Each year, these top-tier risks are assessed and re-prioritized based on the current environment. ​Our Board receives a comprehensive annual report, along with periodic updates regarding emerging ​risk information and new mitigation efforts from our SVP and General Counsel, who leads our ERM ​efforts.


Light Blue Watercolor Mark Illustration

Operating a responsible business – ​Ethics and Compliance

Hibbett has an established system of governance which starts with our commitment to ​ethical business practices and standards. Hibbett’s Code of Business Conduct and Ethics ​includes our policies on conflict of interest, compliance with insider trading laws, acceptance ​of gifts, and prohibition against corruption.


These policies must be reviewed and signed annually by all corporate employees and certain ​management employees in the field. The Audit Committee of our Board directly oversees our ​Code of Business Conduct and Ethics, which can be found here.


Providing training opportunities to our employees is crucial to ensure adherence to our ethics and compliance obligations. In FY2023, employees at our headquarters, ​select management employees in the field, and all of our Board members underwent comprehensive and interactive Insider Trading training. We look forward to ​providing additional ethics training to our employees and Board members in the future.

Board Independence

One of our key governance highlights is independence of our Board of Directors. Nine Directors of our ten-person Board are independent, including our Chairman of ​the Board. Our three Board Committees are comprised entirely of independent Directors. At least once per year, our Board and management team engage in an in-​depth discussion and align on our corporate strategy, including our ESG efforts. For more detailed information on our Board of Directors and corporate governance ​matters, please refer to our 2022 Proxy Statement.


Vendor Compliance

Operating our business in a responsible manner and doing the right thing has always been a part of who we are as a company. Our longstanding desire to do the right ​things flows to our vendors, our stores, to our e-commerce platform, and the way we handle customer data.


Hibbett contractually requires its vendors to adhere to strict standards of compliance and ethics. These efforts are led by our General Counsel. We prohibit our suppliers ​from using forced or child labor in the manufacturing of the merchandise we purchase and require our suppliers’ compliance with the laws of the country where our ​merchandise is produced.


We require evidence of compliance with the Consumer Product Safety Act for applicable vendors and mandate that all goods purchased by us from these vendors are free ​from defects and hazardous substances and that any associated marketing by these vendors is truthful and accurate. In addition, all of our vendors are expected to ​comply with our Conflict Minerals policy. Our Vendor Compliance Manual can be found here and incudes our Conflict Minerals policy.


Cut off Paper Edges
Cut off Paper Edges

Prohibitions against Harassment, ​Discrimination and Retaliation

Hibbett is committed to providing equal opportunity and fair treatment to all individuals on the ​basis of merit, without discrimination because of race, color, religion, national origin, sex ​(including pregnancy), age, disability, veteran status, gender identity, sexual orientation or other ​characteristic protected by law. We prohibit harassment in any form by anyone.


To support this commitment, we provide training on discrimination, harassment, retaliation, and ​other issues, such as wage law compliance and fraud, to our entire team. We have a “Speak ​Up” policy which clearly communicates that any concerns related to such issues should be ​reported immediately to management or by phone or online through our Ethics & Compliance ​Hotline. Employees are also given the option to report issues anonymously if they desire.


At our stores, in our corporate office and in our logistics facility, retaliation against ​whistleblowers or employees making complaints of improper workplace conduct is strictly ​prohibited, clearly communicated to all employees, and monitored by our Human Resources ​Department. Our employees have the right to freely associate and the right to discuss wages, ​hours or other terms and conditions of employment.

Cut off Paper Edges

As a result of our work, we are proud to report that we had no significant ​monetary losses from legal proceedings associated with employment ​discrimination or labor law violations.

Cut off Paper Edges
Cut off Paper Edges
Cut off Paper Edges
Cut off Paper Edges
Cut off Paper Edges
Cut off Paper Edges

Data Stewardship

Our commitment to operate with a focus on safety and encourage ​transparency and honesty can be seen in the way we handle the digital ​well-being of our team members and customers through protection of our ​company, customer and employee data. We have security measures ​designed to protect against the misappropriation or corruption of our ​systems, intentional or unintentional disclosure of confidential information ​or disruption of our operations.


Additionally, we strive to be transparent in our collection of data from ​our customers and have a platform to allow customers to make requests ​for information on the data we have collected, as well as requests to ​delete such data. Our Chief Information Officer (CIO) has primary ​responsibility for our cybersecurity and data privacy work and directly ​reports on these efforts and risks to senior management and the Audit ​Committee of our Board.


information technologies

We have implemented the ​following additional

Information security measures:


Information Security

Risk Management

Information

Security Awareness

Hibbett currently utilizes National ​Institute of Standards and ​Technology of the U.S. Department ​of Commerce (NIST) risk ​management and privacy ​management frameworks as the ​basis for its risk management ​process for information security. ​Risks are evaluated and remediation ​plans are developed as needed. We ​also complete a third-party security ​and maturity assessment of our IT ​security portfolio.

Hibbett utilizes an Information ​Security Awareness program that ​provides team members with an ​understanding of the foundations of ​information security through regular ​communications and newsletters. In ​addition, the IT Privacy and ​Compliance team manages monthly ​company wide Information Security ​education and awareness campaigns ​and phishing tests to determine ​compliance with company policies ​and best practices and to determine ​additional focus needs.

Information

Security Policies

Vendor Risk

Management

Vulnerability

Identification

The Information Security team has ​a number of policies and ​administrative procedures that ​provide guidance around ​Information Security and Risk ​Management requirements. These ​policies are updated regularly to ​align with industry standards, ​regulatory requirements and ​contractual obligations.

Hibbett’s IT Privacy and ​Compliance team reviews ​vendors when they are ​onboarded and as needed to ​review the information and ​applications involved and advise ​on the appropriate controls and ​ensure the adequate ​information security contractual ​obligations are in place.

Hibbett utilizes vulnerability ​management tools and ​exercises such as scans and ​penetration tests, which are ​aligned with a vulnerability ​remediation strategy for all ​Hibbett-owned assets.


In the event of a data breach, the Company has a documented incident response plan with defined incident severity levels and actions to be taken. Our incident response ​plan is tested regularly, including through “tabletop” exercises in which a security breach is simulated. These practice exercises are led by our General Counsel with ​guidance from our CIO and Information Security Officer (ISO). Senior management and members of our Board of Directors actively participate and contribute to such ​exercises. In addition, our entire Board underwent cybersecurity training last year.

We know that doing the right thing is a constant and evolving process. We are committed to the highest standards of ethics and compliance in all aspects our business – from our ​Board of Directors down. We will continue to monitor these standards and pledge to attempt to conduct ourselves ethically, operate with a focus on safety, and encourage ​transparency and honesty in all that we do.


For a full description of our approach to privacy, our Privacy Policy can be viewed here.


Two Colored Brushstroke Paint

social

Cut off Paper Edges

We are committed to forging deep bonds with our employees by ensuring that all team ​members feel a sense of belonging and can maximize their creativity, innovation, and ​productivity while at work.


This commitment starts with our Board’s own commitment to diversity, inclusion and ​belonging and flows down through the entire organization. Our executive leaders are ​actively engaged and listening to our employees across all levels and are working toward ​developing the next generation of leaders. Our employees in our stores, at the store ​support center, and at our logistics facility are encouraged to speak up, connect, learn, ​grow, and develop their skills.


Our employees are our number one asset, and we know that we cannot win as a team ​unless we have an authentic culture that allows self-expression, embraces diversity, and ​gives our team members the tools they need to succeed.


Cut off Paper Edges
Cut off Paper Edges
Cut off Paper Edges
Organic Text Placeholder Rectangle

diversity, equity and inclusion

Board of Directors Diversity

Our Board of Directors believes that maintaining a diverse membership with varying ​backgrounds, skills, expertise, and other differentiating personal characteristics promotes ​inclusiveness, enhances the Board’s deliberations, and enables the Board to better represent ​all of the Company’s stakeholders.


Women comprise 50% of our Board of Directors. 20% of our directors self-identify as ​members of the LGBTQIA+ community. Persons of Color represent 20% of our Board ​members. In total, 80% of our Board members self-identify as diverse on one or more of ​these attributes. The diversity of background and experience that our Board members bring ​to the table has broadened the Board’s perspective and strengthened the quality of its ​decision-making processes.


Our Board composition sets the tone for the inclusive culture we aspire to create throughout ​our Company, and our full Board readily accepts its responsibility for ensuring oversight of ​our diversity, equity and inclusion (DEI), pay equity, and employee engagement and retention ​efforts. The Compensation Committee of our Board is tasked with direct oversight of these ​Human Capital Management issues and meets with management regularly to discuss and ​provide insight and guidance on these critical areas.


50%

Women comprise 50% of our Board of Directors

20%

20% of our Board of Directors self-identify as ​members of the LGBTQIA+ community

20%

Persons of Color represent 20% of our Board

of Directors

80%

80% of our Board members self-identify as ​diverse on one or more of these attributes

DE&I at Hibbett

Our philosophy is simple, be inclusive and treat each other with ​respect. As a result of our ongoing efforts, we have built a winning ​team comprised of diverse, compassionate, and competitive individuals.


We have cultivated an authentic representation of our communities ​through thoughtful local hiring, often from our customer base and the ​communities we serve.


Our teams’ unique backgrounds, perspectives, and skills improve us all, ​creating a competitive advantage that positively impacts our business ​and contributes to our success.

Ripped Paper Line Texture
Ripped Paper Line Texture
Ripped Paper Line Texture
Ripped Paper Line Texture

51%

WOMEN IN OUR WORKFORCE

53%

WOMEN IN MANAGEMENT

51%

WOMEN IN NON-MANAGEMENT

Empowering Women and Minorities

We fully believe that our differences make us stronger, and we are ​relentless in creating a work environment that promotes diversity and ​inclusion. As evidence of this commitment, we were named one of the Best ​Employers for Diversity by Forbes in 2022.


In FY 2023, Women represented 51% of our entire workforce, 53% of ​management, and 51% of non-management employees.

75%

Ethnically Diverse

WORKFORCE

58%

77%

Ethnically Diverse

MANAGEMENT

Ethnically Diverse

NON-MANAGEMENT

Ethnically diverse employees represented 75% of our total workforce, 58% of management, and 77% of nonmanagement employees.


We are continuously working to improve our DE&I efforts as seen through our ongoing recruiting efforts at Historically Black Colleges and Universities ​(HBCUs) and our partnership with UAB’s Office of Diversity, Equity, & Inclusion. This local university provides education and training to our associates ​and members of our Board of Directors on this important topic.

In a company that inspires self-expression and inclusion, the mission of ​Ignite, the Hibbett ǀ City Gear Women’s Resource Group, is to cultivate a ​sense of belonging in a space that supports and encourages all women to ​develop and further their potential through collaboration, connection, and ​conversation.


Cut off Paper Edges

Ignite's GOALS

Cut off Paper Edges
Grunge Smear Brushstroke

Development and Collaboration:

Support the advancement of women through professional development and ​mentorship programming and resources.


Education and Awareness:

Promote visibility, advocacy and empowerment for women.


Community and Belonging:

Provide social gatherings and a space of mutual trust and respect.


Service and Impact:

Engage in outreach and volunteer opportunities.

Grunge Smear Brushstroke
Cut off Paper Edges
Cut off Paper Edges
Grunge Smear Brushstroke
Cut off Paper Edges
Grunge Smear Brushstroke
Cut off Paper Edges
Cut off Paper Edges

inclusivity

Ignite is open to all employees who share in and want to contribute to its mission.


In its first year, Ignite asked, listened and answered. Female employees were asked what educational and service projects were most important to ​them. Based on this feedback, we provided approximately 75 men and women at our store support center with educational programming on financial ​wellness and mental health.


The women at our store support center also clearly expressed an interest in supporting other women and children facing instability in their lives. ​Ignite answered this call by providing opportunities to feed breakfast, lunch, and dinner at First Light, a homeless shelter serving women and children ​in the Birmingham, Alabama area. Through this work, Ignite fed 50 women and children during the holidays. Ignite was also able to bring holiday ​cheer to school aged girls at Girls’ Inc., a non-profit organization which encourages all girls to be strong, smart and bold. The women of Ignite ​provided approximately 75 girls with holiday gifts and the opportunity to decorate gingerbread houses during the holiday season.

Cut off Paper Edges
Cut off Paper Edges
Cut off Paper Edges

Together, Hibbett | City Gear and Nike are amplifying the voices of those who stand out. We celebrate ​women who pave the way for others and play by their own rules.


We want to encourage Gen-Z girls and millennial women to knock down boundaries and create their own ​stories through self-expression and being themselves. To do this, we have brought together a community of ​strong, successful women in sports and business to share their stories in a series of mini episodes about the ​power that comes with being a woman, how to find power through sport and how to showcase the power ​that comes from fashion and style.


Episodes this year featured special tributes to the many cultures and heritages of our community through ​Native American, Hispanic, and Asian Americans and Pacific Islanders (AAPI) Heritage Month videos and ​content. For more information on Support Her Sole™ and to see the videos produced and published by an ​all-female team, click here.

Cut off Paper Edges
Cut off Paper Edges

In addition to providing dynamic video content, the Support Her Sole™ program expanded to community givebacks this year. Along with Nike, ​Hibbett donated $50,000 to the women’s athletic program at Fultondale High School after a tornado destroyed their school.


Hibbett and Nike also teamed up with the Memphis Grizzlies and surprised 20 deserving girls with a $500 shopping spree.


Hibbett x Nike Fultondale High School Donation

Hibbett x Nike x Memphis Grizzlies Shopping Spree

Push play on video to watch + Audio

Push play on video to watch + Audio

Organic Text Placeholder Rectangle

committed to our employees

Attracting, developing, and retaining the best people is crucial to all aspects of our activities and long-term success, and is ​central to our long-term strategy. This begins by providing competitive wages and benefits in a positive work environment where ​we focus on doing what is right.

Wages & Benefits

Brushstroke Paint Isolated Icon

HEALTH

Brushstroke Paint Isolated Icon

Li​fe

Brushstroke Paint Isolated Icon

Financial

Medical, Dental & Vision Coverage

Competitive Time Off

401(K) Match

Employee Assistance Program

Gender Neutral Parental Leave

Employee Stock Purchase Program

Health Savings Account

Employee Assistance Fund

Early Access to Pay

Flexible Spending Accounts: ​Health and Dependent Care

Company Paid Life Insurance

Generous Employee Discount

Tuition Reimbursement

We are committed to providing fair and competitive wages for the market and our industry. Enhancing the financial stability of our ​team members is a priority and we continually look for ways to improve our efforts in this area, including our early access to pay ​feature, which allows our employees to get paid when they need it instead of waiting until a set pay day, increasing our employee ​discount, and offering financial wellness classes to our associates at the store support center.


Helping our employees in need is important to us so we have an established employee charitable foundation which allows employees ​to apply for assistance in a dignified and private manner. We are also committed to the continuing education of our employees and ​have implemented an Education Assistance Tuition Reimbursement Program for our store support center and logistics facility ​associates employed 6 months or longer.


We partner with Bellevue University to offer online classes for our associates, and we encourage our associates to use LinkedIn ​Learning to further enhance their skills.

We conducted the Employee Engagement Survey and ​determined employee engagement based upon the following ​questions to our team members:

Yellow Paint Brushstroke

How likely is it that you would recommend ​Hibbett | City Gear as a place to work?

Yellow Paint Brushstroke

How likely is it that you would stay with ​Hibbett | City Gear if you were offered the ​same job at another organization?

Yellow Paint Brushstroke

Overall, how satisfied are you working at

Hibbett | City Gear?

Employee Engagement and Retention

At Hibbett, we understand that maintaining an inclusive and high-performance ​culture requires an engaged workforce, where associates are motivated to do ​their best work every day.


Last year, we expanded our employee engagement survey to all employees, giving ​them a channel for feedback on a variety of topics, such as company direction ​and strategy, individual growth and development, collaboration, confidence, and ​trust.


The results of the survey showed that over 84% of our associates feel as though ​they perform meaningful work and 78% would recommend working with us.


We believe in fostering an environment that prepares talent for growth and ​advancement within the organization. We offer monthly professional development ​sessions for senior leadership including course offerings such as team ​development, unconscious bias, and goal setting/performance management.


LinkedIn Learning licenses are provided for all corporate employees and offers a ​variety of learning paths and collections ranging from leadership development to ​professional success.


Although employee turnover is traditionally high at retail companies, we ​continuously look for ways to improve in this area. Our engagement approach ​centers on growth and development, communication, and recognition.


We communicate with our associates in a variety of ways, including monthly live ​CEO updates that include Q&A sessions with associates and regular ​communications to all our retail locations.


We offer best-in-class training development opportunities for our team members, ​and a fun workplace. Employees enjoy a sneaker culture-inspired environment, ​talking about and showing customers the latest trends in TOE-TO-HEAD styles, ​and showcasing those styles through our social media platforms.

Registered Trademark Icon

team member health and safety

Some of our logistics facility safety program and employee perks include:

safety

We strive to create a safe and healthy work environment for all of our team ​members.


At our corporate office, employees have on-site gym access, equipped with ​exercise equipment and a basketball court, as well as an on-site cafeteria ​stocked with convenient and healthy food choices.


At our logistics facility, we have ramped up safety initiatives and efforts to ​increase the happiness and well-being of our team members.


- OSHA Certified trained employees

- First Aid/CPR/AED trained first responders

- Newly appointed Safety Committee Members representing each ​department and monthly safety meetings

- Departmental Safety Audits

- Structured and documented investigations process for high impacts, near ​misses, accidents, and injuries

- Increased safety signage and training

- Newly certified power equipment trainers on all shifts


Cut off Paper Edges

Lifestyle

- Food trucks, break treats, catered meals from local restaurants

- Raffles for free sports event tickets

- Employee of the Month recognition

- Monthly professional development and team building sessions for ​management employees

- Monthly events for Black History, Women’s History, Diversity, Fire Safety, ​National Safety Month, Breast Cancer Awareness, Prostate Cancer ​Awareness, Mental Health Awareness, and various health topics

- Fun competitions: March Madness basketball competition, Corporate ​Challenge, Homerun Derby, and Fantasy Football



Cut off Paper Edges

Mental health is a priority now more than ever. We are proud to report that all ​of our associates have free access to mental health assistance, including ​marital, grief and financial counseling, through a company-paid benefit program.

Circle Outline

R

We take pride in and share a sense of responsibility with our communities. Our dedicated ESG ​committee meets regularly to review opportunities that align with our purpose and culture of ​service.


We reflect the diversity of the communities we serve and strengthen our connectivity through local ​events and social programs. We believe it is important to invest in our youth and give back to the ​communities we serve in a meaningful and impactful way.


The primary way we do that is through our Sole School program.

Registered Trademark Icon
Cut off Paper Edges

Founded by City Gear in 2015, Sole School is a community giveback program through which ​local stores connect with and provide support to underserved schools and athletic programs in ​their neighborhoods.


As part of the Sole School program, sponsored schools receive a yearly financial gift, donations ​of equipment, footwear and backpacks, and interested students are given the opportunity to be ​mentored by local store management staff. Sole School also opens the door for employment ​within these stores.


Since the program's initial launch in 2015, Sole School has impacted hundreds of schools in ​need and promising student-athletes. Sole School includes both local City Gear and Hibbett ​stores and in partnership with Nike, provided funds and merchandise to 94 schools across 36 ​states to help support education and athletics.



Registered Trademark Icon
Registered Trademark Icon
Registered Trademark Icon
Registered Trademark Icon
Registered Trademark Icon
Cut off Paper Edges
Cut off Paper Edges

Sole School® is not just a charitable contribution ​to us. It is part of our culture of service and ​embedded into our purpose and values.

Cut off Paper Edges

In total and in conjunction with Nike, we provided over $600,000 to 94 ​schools in Fiscal Year 2023. We live, work and play in the communities ​we serve. We are dedicated to hiring locally and take pride in developing ​associates into diverse, inclusive, and engaged leaders.

for oak cliff

For Oak Cliff is a non-profit organization ​based in Dallas, TX serving the South Oak ​Cliff community. Its mission is to provide ​“culturally responsive initiatives in South ​Oak Cliff to liberate the community from ​systemic oppression, create a culture of ​education, and increase social mobility ​and social capital.”


In FY2023, Hibbett partnered with Jordan ​Brand to support For Oak Cliff and the ​community by donating 1,000 backpacks ​to be given away at the 8th Annual Back ​to School Infinity Festival.

Brushstroke Paint Isolated Icon

Other Programs We Support

Hibbett x Jordan Brand For Oak Cliff Media Lab Reveal

Push play on video to watch + Audio

In addition to this donation, For Oak ​Cliff received $50,000 on behalf of ​Hibbett and Jordan Brand to help ​with funding for the organization’s ​new Multimedia Lab.


With this donation, For Oak Cliff ​aims to equip the lab with different ​technologies like graphic design ​video editing software and cameras ​to help teach the community graphic ​arts including photography, ​filmmaking, music production and ​more.

In celebration of “Banned Day” on ​October 18, 2022, Hibbett also ​partnered with For Oak Cliff to ​provide a custom mural that ​comprises an entire wall in the lab ​and features the faces of For Oak ​Cliff community children who will ​benefit from the new lab’s offerings. ​All of the children in the mural were ​gifted a pair of Jordans as part of ​the event.


Parkview High school -

af1 40th-anniversary donation

Hibbett and Nike partnered to present a $50,000 check to the Parkview High School ​faculty during their annual holiday luncheon this year.


The donation was part of the celebration of the 40th anniversary of Nike Air Force 1 ​sneakers.


The donation was earmarked as part of Hibbett’s ongoing outreach to connect with ​neighborhood schools and align with our goal of giving back to the communities we ​serve.


Parkview plans to use the money to support their Athletics, Fine Arts, Professional ​Development, and After School activities.


fresh off the block

In FY2023, City Gear, in conjunction with Nike, launched a ​new video series which takes viewers to a new city to explore ​the area’s impact on the music scene, basketball, personal ​style, and the neighborhoods behind the city’s heartbeat.


In honor of the inaugural Fresh Off The Block city showcase, ​City Gear and Nike donated $50,000 to Building Blocks ​Mentoring Program, a Memphis, TN community giveback ​organization that supports area youth with mentoring to ​empower social development, education, and self-awareness.


HBCUs

In honor of homecoming season, our City Gear brand and ​Nike partnered with three HBCUs: Florida A&M University in ​Tallahassee, Clark Atlanta University in Atlanta, and ​Tennessee State University in Nashville.


City Gear stores in each area hosted homecoming ​celebrations featuring live broadcasts by local radio stations, ​gift card and swag giveaways, and entertainment by school ​spirit groups.


In addition to these in-store events, City Gear and Nike also ​awarded $10,000 to each university.


Paper Torn
Paper Torn
Paper Torn

We are a long-term corporate partner ​with the United Way of Central ​Alabama. The United Way drives ​positive community impact by ​supporting education, low-income ​families, and healthy lifestyle initiatives. ​In FY2023, Hibbett and its associates ​pledged over $90,000 to support ​UWCA and its community partners.

Paper Torn

Autism Speaks

In 2022, Hibbett was proud to donate 5% ​of profits from each Wilson “Love The ​Moment” Glove sold during a 5 month ​period to Autism Speaks. Autism Speaks is ​dedicated to promoting solutions, across the ​spectrum and throughout the lifespan, for ​the needs of individuals with autism and ​their families.


Paper Torn

armando bacot Back to School

basketball camp

Hibbett partnered with Puma to provide 200 ​backpacks, 200 pairs of shoes, and ​basketballs to the attendees of UNC ​Forward/Center Armando Bacot’s back to ​school basketball camp. The two-day event ​was held in September in Bacot’s hometown ​of Richmond, VA. In addition to Bacot, the BTS ​basketball camp featured special guests and ​teammates Caleb Love and RJ Davis, as well ​as Ed Davis of the Cleveland Cavaliers.


Paper Torn

RAMSAY HIGH SCHOOL DONATION

In 2022, Hibbett donated backpacks and ​$1,000 for new athletic equipment to ​Ramsay High School. Hibbett also donated ​an additional $5,000 to replace items lost ​in a gymnasium fire.

Paper Torn

Children's Hospital of Alabama

For the third consecutive year, we partnered ​with Puma to make a donation of shoes and ​apparel to Children’s Hospital in Birmingham ​for their clothing closet, as well as a Secret ​Santa Shop where parents of hospitalized ​children shop for holiday gifts at no cost to ​them. $20,000 and more than $30,000 worth ​of goods were donated to this worthy cause.


Paper Torn

Community Food Bank of ​Central Alabama

After learning of a need at the Community ​Food Bank of Central Alabama, we donated a ​pallet mover to the organization to assist with ​the food bank’s mission of providing millions ​of meals across central Alabama each year. ​The Community Food Bank of Central Alabama ​provides fresh produce and groceries to ​seniors, children at risk of hunger during ​school breaks, patients facing chronic illness, ​first-time mothers, and others in need.


UNITED ABILITY SUMMER JOBS PROGRAM

We continued our partnership with United Ability of Alabama and ​hosted a worksite for its six-week summer Job Exploration Training ​Services (JETS) program.


The JETS summer program enables high school students with varying ​abilities to receive on-the-job training, mentoring and work ​experience, side-by-side with other Hibbett associates at our logistics ​facility. After the summer was over, two of the United Ability ​employees were offered jobs at our logistics facility.


As a result of this work, Hibbett | City Gear won the Large Employer ​of the Year from the Alabama Association of People Supporting ​Employment First (APSE).


The mission of the Alabama Chapter of APSE is to enhance ​innovative, individualized employment opportunities, promote careers, ​and improve the quality of life for individuals with significant ​disabilities by providing education, technical assistance and training, ​advocacy and support to people, family members, employers, and ​employment specialists.


The World Games 2022

We were thrilled to be a sponsor of The World Games 2022 which took place ​in Birmingham, Alabama. The World Games is an 11-day sports celebration held ​in the year following the Summer Olympic Games.


The Games represent the highest level of competition for more than 3,600 ​international athletes and 30+ unique sports.


In conjunction with our sponsorship, we teamed up with local artists to sponsor ​four murals across the city highlighting the events.


For more information about Hibbett x The World Games 2022, click here.

cutz for kids

For Back to School 2022, our City Gear and Hibbett stores hosted ​19 Cutz for Kids events. Along with providing free haircuts to kids ​in-stores, Hibbett and City Gear gave away free school supplies at ​each event, thanks to sponsorships from Nike, Jordan, adidas, ​Puma, Reebok, Staple, New Balance, Levi’s and Born Fly.

Back to School Cutz for Kids Highlights

Push play on video to watch + Audio

Cut off Paper Edges
Cut off Paper Edges
Cut off Paper Edges

Holy Family Cristo Rey Catholic High School

We also continued our partnership with Holy Family Cristo Rey Catholic High ​School, a local school which integrates college preparatory academics and a ​corporate work-study program to economically challenged students. High school ​students work at our corporate office throughout the school year.

Local Relief

Our Hibbett and City Gear associates raise money for the local communities we ​serve for disaster relief, provide supplies to community shelters, and host food ​and clothing drives. As a result of these efforts, we hosted 1,160 hyperlocal ​events, resulting in hundreds of volunteers, hundreds of communities impacted, ​and thousands of lives changed for the better. Here are just a couple of ​examples of these hyperlocal events:

12-year-old buys sneakers for

bullied Classmate

new orleans community giveback

During the 2022 holiday season, Hibbett managers in Louisiana ​teamed up to provide bags of food and essential items to 250 ​homeless individuals in the New Orleans area

In Buffalo, New York, a 12-year-old student purchased and gifted a pair of sneakers ​to one of his classmates this past Christmas after having seen the boy bullied ​because of his worn-out shoes.


Inspired by this genuine act of kindness, the local Hibbett team awarded both ​students a $1,000 gift card and a year's supply of free sneakers each.

Brush Stroke Colorful Water Color Blue Fog Cloud Paint

Push play on video to watch + Audio

Push play on video to watch + Audio

We are proud of our current social efforts and seek to expand upon them in the future and further integrate them ​into our culture and purpose. We look forward to reporting on our efforts and any additional programs in the future.

Two Colored Brushstroke Paint

Environmental

We strive to act in the interests of our employees, customers, communities, and shareholders by supporting environmentally sustainable practices and are ​pleased to report on the ongoing efforts and progress we have made this year.


Our sustainability initiatives are focused on the reduction of waste and offering sustainable products.


current environmental initiatives


Doodle Shape Rectangle

PRODUCT

Sustainable Product Offerings

We continue to collaborate with our largest ​vendor partners to offer sustainable and eco-​friendly products. We support Nike Move to Zero, ​a closed-loop process that uses manufacturing ​scrap, unsellable products, and worn-out shoes to ​make new Nike products, by significant ​marketing, social media, and in-store displays.


We also offer other sustainable products, ​including the Adidas Parley collection of shoes ​and apparel partly made with recycled ocean ​plastic and certain The North Face products made ​with recycled polyester and nylon. We offer ​sustainable products from Under Armour, Puma ​and Crocs, as well.


Our biggest vendor partners are environmentally ​conscious and are the best source for ​sustainability information on the products we sell. ​For more information about their unique ​sustainability initiatives, please visit their websites ​directly.

Ripped Paper Line Texture
Ripped Paper Line Texture
Ripped Paper Line Texture
Ripped Paper Line Texture

Looking to the Future

It is more important than ever to stay true to our purpose and focus on the long-term, while maintaining agility and adapting to the new world around us. We ​are proud of our previous accomplishments, but like any winning team, we must recognize risks and opportunities to improve our performance.


We look forward to the role we can play in shaping society and acting as a catalyst for change, and we pledge to be accountable to our stakeholders and ​report on these efforts in the future. Our team members, customers, the communities we serve, and our investors deserve transparency and accountability in ​this regard.


As we look to the future, we will continuously monitor developing ESG regulations and frameworks, including those set forth by the United States Securities ​and Exchange Commission. We will comply with all regulations and reporting opportunities that provide a method to measure our performance and track our ​progress.


Throughout that process, we will continuously strive to serve our communities, do the right thing for our employees and the environment, and stand firm on ​societal issues intrinsic to the long-term success of our company and our stakeholders.


Thank you for your interest in our ESG initiatives. The executive sponsor of Hibbett’s ESG program is our Senior Vice President and General Counsel, David M. ​Benck. If you have any questions about this report, you may write to him at 2700 Milan Court, Birmingham, Alabama 35211, attention: General Counsel, or ​via email at ESG@hibbett.com.

SASB Content Index

The index below outlines how our existing disclosures align with the recommended metrics for the Sustainability Accounting ​Standards Board Consumer Goods, Multiline and Specialty Retailers and Distributors sector and Consumer Goods, E-Commerce ​sector. Though we do not yet address all metrics included in these standards, we will continue to evaluate our future disclosures.

Code

Metric

Company Response

CG-MR-310a.3

Total amount of monetary losses as a result of legal ​proceedings associated with labor law violations

$7,109.07 USD

CG-MR-330a.2

Total amount of monetary losses as a result of legal ​proceedings associated with employment discrimination

$4,500.00 USD

CG-MR-230a.1

Description of approach to identifying and addressing ​data security risks

Hibbett has implemented End-to-End Encryption and tokenization ​technology for all card-based transactions. Hibbett maintains ​compliance with the Payment Card Industry Data Security Standards ​which is reviewed and updated annually.

CG-EC-220a.2

Description of policies and practices relating to ​behavioral advertising and user privacy

We value the privacy rights of the customers we serve. We do not ​sell customer data and we give customers the right to request ​deletion of their data.

CG-MR-230a.2

(1) Number of data breaches, (2) percentage involving ​personally identifiable information (PII), (3) number of ​customers affected.

None. Hibbett has not experienced a reportable data breach.

CG-MR-330a.1

Percentage of gender and racial/ethnic group ​representation for (1) management and (2) all other ​employees.

Female breakdown: 51% of total workforce, 51% of ​nonmanagement, and 53% of management. Racial/Ethnic Diversity ​breakdown: 75% of total workforce, 77% of nonmanagement, and ​58% of management.

CG-MR-310a.1

(1) Average hourly wage and (2) percentage of in-store ​employees earning minimum wage, by region. 

We are committed to paying our team members fair and ​competitive rates for the market and our industry. Approximately ​4% of our in-store and logistics facility employees earn minimum ​wage.

CG-EC-330a.1

Employee Engagement as a percentage

Employment engagement was calculated at 87%