英文【macys】2023年企業(yè)責(zé)任報(bào)告

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macysInc

2023

Corporate

ResponsibilityReport

Contents

AMessagefromOurChairmanandCEO

02

Macy’s,Inc.ataGlance

04

MissionEveryOne:CreatingaBrighterFuturewithBoldRepresentationforAll

05

OurApproachtoCorporateResponsibility

06

CorporateResponsibilityFY2023Highlights

08

People

09

Community

44

Planet

59

Governance

87

Appendix93

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macysnc

ABOUTTHISREPORT

Thisreporthighlightsourcommitmenttocorporateresponsibility,anditprovidesanoverviewofourmultifacetedgovernance,

oversight,policies,programsandperformancerelatedtocorporateresponsibilitymattersthatareimportanttoMacy’s,Inc.anditsstakeholders.Unlessotherwisestated,thisreportcoversMacy’s,Inc.’sperformanceinfscalyear2023endedFebruary3,2024,andincluded53weeks.Throughoutthisreport,referencesto“Macy’s,Inc,”“we,”“our,”“us”and“company”refertotheMacy’s,

Inc.enterpriseandreferencesto“2023,”“2022”and“2021”arereferencestothecompany’sfscalyearsendedFebruary3,2024,January28,2023,andJanuary29,2022,respectively.Ourthreenameplates—Macy’s,Bloomingdale’sandBluemercury—are

referredtoastheirown.Thisreportrefectsfeedbackreceivedfromourcolleagues,customers,investorsandotherkeystakeholders.Wereportusingthefollowingstandards:theSustainabilityAccountingStandardsBoard(SASB)andtheTaskForceonClimate-

relatedFinancialDisclosures(TCFD).

01

2023CORPORATERESPONSIBILITYREPORT

AMessagefromOurChairmanandCEO

TONYSPRING

ChairmanandChiefExecutiveOffcer

DearStakeholders,

Earlierthisyear,weintroducedournewstrategy:ABoldNewChapter.Itisdesignedtofundamentallyrepositionourcompany,enhancethecustomerexperience,delivergrowthandunlockshareholder

value.Ourteamsareenergizedbytheworkasweaccelerateourpathtomarketsharegainsandsustainable,proftablegrowth.

AsweimplementthecomponentsofourstrategytocreateamoremodernMacy’s,Inc.,oursocial

purposeplatform–MissionEveryOne–remainsanessentialpartofhowweoperateasabusiness.

Launchedinearly2022,MissionEveryOneisbuiltonthecompany’sheritageofcorporatecitizenshipandaimstodirect$5billionofourspendthrough2025topeople,partners,productsandprograms

thatcreateamoreequitableandsustainablefutureforall.In2023,wecontinuedtofueltheseefforts.Through2023,nearly$3.2billioninspendhasbeendirectedtowardsourcolleagues,suppliers,brandpartnersandcommunities.

Wearepleasedtoprovidethefullscopeofourcorporateresponsibilityeffortsinoneconsolidatedreportforthefrsttime.Our2023CorporateResponsibilityReportemphasizesourthreepillars

ofimpact—people,communityandplanet—andshowcasesthemanywayswecreateamoreequitableandsustainablefuturethroughstewardshipofresourcesandmaximizingourpositivesocietalcontributions.

2023CORPORATERESPONSIBILITYREPORT02

People

Weareacompanydefnedbythededication

ofourpeople.Acrossourportfoliooficonic

nameplates,wecommittobeingthepreferred

employereverywhereweoperatebyenablingourcolleaguestobringtheirbestselvestoworkeachday.WerefreshedourestablishedColleague

ResourceGroupecosystemandexpandeditto

allMacy’sandBloomingdale’slocationsin2023.Providingourcolleagueswithmoreopportunitiestoconnectandsupportoneanotherstrengthens

ourrelationship-focusedculture,oneofourgreatestcompetitiveadvantages.

Investinginourcustomers,ourbrandsandthenextgenerationofentrepreneursispartofourDNA.Formorethanadecade,Macy’s,Inc.

hasbuiltaholisticecosystemthatprovides

supplierswithaccesstocustomers,educationandcapital.In2022,weintroducedS.P.U.R.

Pathways,aninnovativefundingprogramto

advanceentrepreneurialgrowth.Sinceits

inception,theprogramdeployed$9.2millionin

investmentcapitaltounderfundedandgrowth-stagebusinessesandentrepreneurs,creating

neweconomicopportunitiesinourcommunities.

Community

Webelieveinthepowerofgivingbackasacorevalue.Ourphilanthropicinvestments

fundprogramsthatnurturethecuriosityand

confdenceofyoungpeople,fuelingtheirjourneytobefutureleaders,andsupportmentalhealthandwell-beingtohelpnavigatethechallenges

oftodayandtomorrow.Throughoursocial

impactcommitments,in2023,weraisedand

directed$33.1milliontoover800organizationsincommunitiesacrosstheU.S.thatsupport

immediateneedandlong-term,sustainable

solutions.Ourcolleaguesvolunteered66,000hours,includingincreasedtimeformentorship.

Planet

Webelievethatmanagingourenvironmental

impactandcaringforthepeoplewhomake

ourproductsiskeytothecompany’scontinuedgrowthandsuccess.Wearecommittedto

ensuringsafetyandsecurityacrossoursupplychainand,in2023,100%oftheMacy’sprivate

brandsuppliersmanagedbytheMacy’s

Sourcingteamcompletedzerotolerancetraining,whichreinforcesourVendorCodeofConduct.

InNovember2022,wecommittedtosetnear-termcompany-wideemissionreductionsinlinewithclimatesciencewiththeScienceBased

Targetsinitiative(SBTi),andwecontinueto

integratesustainableenergy-management

practicesandinfrastructureintoouroperations.

Wecouldnothaveaccomplishedthese

resultswithoutthepassionandcommitmentofourteamsandpartnersacrossthe

entireMacy’s,Inc.enterprise.

AsweprogresstowardourambitionsandthepromiseofMissionEveryOneintheyears

ahead,welookforwardtodrivingpositive

impactforourpeople,communitiesandplanet.

TONYSPRING

ChairmanandChiefExecutiveOffcer

2023CORPORATERESPONSIBILITYREPORT03

Macy’s,Inc.ataGlance

$23.1billion

FY2023netsales

38.8%

FY2023grossmarginasapercentofnetsales

$105million

AtMacy’s,Inc.,wehelpourcustomersexpress

theiruniquestyleandcelebratespecialmoments

throughourportfoliooficonicnameplates:Macy’s,

Bloomingdale’sandBluemercury.Ourpurposeistocreateabrighterfuturewithboldrepresentation—

sowecanrealizethefullpotentialineveryoneofus.

HeadquarteredinNewYorkCity,ourcomprehensivedigitalandnationwidefootprintempowersustodeliveraseamlessshoppingexperienceforourcustomers.

FY2023netincome

~85,500

Combinedfull-time&part-timecolleagues*

718

Storelocationsacrossbrands*

*AsoffscalyearendFebruary3,2024Note:FY2023wasa53-weekperiod.

Macy’sisourlargestretail

brand,knownforhavingthe

lateststylesinfashion,beauty,homeandbeyond,aswellasforhostingAmerica’smostbelovedholidayevents.Today,Macy’sispoweredbyourindustry-leading

e-commerceplatformandnationalnetworkofstores,offeringahigh-qualityassortmentofbrands

createdandcuratedtoinspireourcustomerswhileprovidingthem

valueandseamlessconvenience.

blomingcales

Sincetheirdebutin1872,

Bloomingdale’shasbeenafxture

ofNewYorkfashion.And150yearslater,itjustkeepsgettingbetter.

Frompremiumluxurydesigners

toemergingcontemporarybrandsandbelovedprivatelabels,we’vecreatedaspacetodiscoverandindulgeyourownuniquestyle.

BLUEMERCURY

Bluemercuryisrecognizedasa

leadingdestinationforluxurybeautyandspaservices.Designedasa

havenforbeautyafcionados

in1999,wehavealwaystriedtoprovideaninclusivespacefor

expert,personalizedadvicerightinourcustomers’neighborhoods.

AsapartofMacy’s,Inc.since2015,wehaveexpandedourspecialtystorenationwide,

andwecontinuetocelebrateuniquenessandindividuality.

2023CORPORATERESPONSIBILITYREPORT

04

CreatingaBrighterFuturewithBoldRepresentationforAll

MissionEveryOne,ourenterprise-widesocialpurposeplatform,buildsonourheritageofcorporatecitizenshiptoachievepositivesocietalchange.Thiscommitment

aimstocreateabrighterfuturewithboldrepresentationforallthatempowersmorevoice,choiceandownershipforcolleagues,customersandcommunities.

OURSIGNATURECOMMITMENT

$5billion

ofthecompany’sspendthrough

2025willbedirectedtothe

people,partners,productsandprogramsthathelpcreateamoreequitableandsustainablefuture.

OURPROGRESS

Approximately

$1.8billion

ofspendwasdirectedtoMissionEveryOnein2023,totaling

approximately$3.2billionsincetheprogramlaunchedinearly2022.

OURCOMMITMENTPILLARS

§f$People

Werecognizeandvaluethediversecommunityofcolleaguesand

partnersthatfuelsourmutualgrowthandinnovation.

L_」Community

Weempowerthecuriosityandconfdenceofyoungpeople

ontheirjourneytobecometheleadersoftomorrow.

Planet

Wecurateandcreatesustainableproductsandservicessopeopleandplanetcanthrivetogether.

Thisworkisbroughttolifebyinitiativesacross

diversity,equity&inclusion;sustainabilityandsocialimpact.

2023CORPORATERESPONSIBILITYREPORT05

OurApproachtoCorporateResponsibility

Webelievefashionandstylehavealways

beenaforceforchange,andwehavea

uniqueroleinleveragingourpeopletocreateamoreequitableandsustainablefuture.

Stewardshipofresourcesandmaximizing

ourpositivesocialimpactcontinuetobeat

theforefrontoftheorganization.Proactivelyengagingonissuesthatspanthebreadth

ofouroperations—transparency;product

responsibilityandsupplychainmanagement;resourcemanagement;humancapital;

diversity,equity&inclusion(DE&I);and

buildingresilientcommunities—remainsacriticalcomponentofourEnvironmental,

SocialandGovernance(ESG)programs.Ourrelationshipswithourcustomers,colleagues,suppliersandcommunitiesdriveourdeep

senseofstewardshipinhowweserveour

stakeholdersandunderpinourcommitmenttopromotingESGacrossourglobalvaluechain.

Weactivelyengagestakeholderstobetter

understandthetopicsthatareimportanttoourMacy’s,Inc.colleagues,customers,suppliers

andcommunities.Bothactionsandreporting

areguidedbystakeholderfeedbackandthird-partyframeworks,includingtheSASBmultilineandspecialtyretailers&distributorsstandard.

CorporateResponsibilityGovernance

WehaveembeddedmanagementofESGmatters

atalllevelsofourcompany.TheBoardofDirectorsandtheMacy’s,Inc.leadershipteamtakeanactiveroleinourESGstrategyandcorporateresponsibilityprograms.Macy’s,Inc.leadershipisresponsible

forthedevelopmentandimplementationofour

ESGstrategiesandprogramsenterprise-wide.

UltimateoversightbyourBoardofDirectorsis

includedinitscommitteechartersandpractices.

WehaveestablishedseveralBoard-levelandleadership-levelcommitteesandgroupsthatchampionthe

company’sperformance-drivencultureandoperating

modelthatencourageslifelongeducationandempowerscolleaguestobeleadersregardlessoftitleorfunction.

Formoreinformationregardingouroversightofclimate-relatedrisksandopportunities,

seetheTCFDintheAppendix.

2023CORPORATERESPONSIBILITYREPORT06

BoardofDirectorsResponsibleforoversightofcorporatestrategy,

enterpriseriskmanagementframework,

environmentalstewardship,corporategovernancepoliciesandhumancapitalmanagement

ESGoversightresponsibilitiesareincludedinBoardcommitteecharters:

NOMINATINGANDCORPORATEGOVERNANCECOMMITTEE

?Responsibleforoverseeingthe

programs,policiesandpractices

relatingtocharitable,political,social,

environmentalandhumanrightsissues,impactsandstrategies

?Responsibleforoverseeingthe

company’scorporategovernance

COMPENSATIONANDMANAGEMENTDEVELOPMENTCOMMITTEE

?Responsibleforoverseeingthe

company’sstrategyandinitiativesin

supportofaninclusivecorporateculture

?Reviewsandprovidesguidanceontheenterprisetalentandpeoplestrategies

?Receivesperiodicupdatesand

providesguidanceonotherprogramsandinitiatives,suchaslaborrelations,

compensationandcolleagueengagement

AUDITCOMMITTEE

?Responsiblefordiscussingpolicies

withrespecttothecompany’srisk

assessmentandriskmanagement,

includingpossiblerisksrelatedtodataprivacy,computerizedinformation

controls,cybersecurityandtoconsideranyrecommendationsforimprovementofthesecontrols

ChairmanoftheBoardandChiefExecutiveOffcerSetstheESGvisionanddrives

accountabilityacrosstheorganization

ManagementcommitteesareunderthedirectionandsupervisionoftheCEO:

SUSTAINABILITY

EXECUTIVESTEERINGCOMMITTEE

?LeadersfromPrivateBrandProductDevelopment

andOperations,Legal,

Communicationsandthe

CorporateController,aswellastheSustainabilityteam

DISCLOSURECOMMITTEE

?LeadersfromFinance,

Legal,InvestorRelationsandCommunications

?ChiefOperatingOffcerandChief

FinancialOffcerworkswiththe

DisclosureCommitteetoengage

withstakeholdersonESGissuesandprovidefeedbacktomanagement

andtheBoard

DIVERSITY,EQUITY&INCLUSIONBUSINESSCOUNCIL(DEIBC)

?Leadersfromevery

departmentanddivision,aswellastheDiversity,Equity&Inclusionteam

CORPORATE

STRATEGYGROUP(CSG)

?Leadersofall

operatingand

functionaldivisions

TheSustainabilityExecutiveSteeringCommittee,

DisclosureCommitteeandCorporateStrategyGroupalsoapprovetheESGstrategyandpriorities,guide

riskmanagementandlinktogrowthopportunities

TheDEIBC,theDisclosureCommitteeandtheCSGworktogethertomaintainourperformance-drivencultureand

operatingmodelthatencourageslifelonglearnersandempowerscolleaguestobeleadersregardlessoftitleorfunction

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2023CORPORATERESPONSIBILITYREPORT

CorporateResponsibilityFY2023Highlights

People

99%payequityacrossgenderandracemaintainedin2023

89%engagementscoreforour12thCulturePulseSurvey,completedinJanuary2024

100%ofMacy’sandBloomingdale’scolleagueshaveaccesstoColleagueResourceGroups

100%ofallMacy's,Bloomingdale'sandBluemercurystoremanagersreceivedstoreleadertrainingontheCustomerBillofRights

SeeProgressReport:People

Community

$33.1millionraisedanddonatedto800+organizationsacrosstheU.S.66,000volunteerhours

$1millionfundedfororganizationsadvancingjusticeandequityinunderservedcommunities

SeeProgressReport:Community

Planet

7,000+productpagesonand

sustainabilitysitelets,meetingrequirementsofoursustainabilitypillars

100%ofprivatebrandsupplierssourcedbyMacy’sPrivateBrandSourcing,ProductDevelopment&Productionteamcompletedzerotolerancetraining,includingtransparencyandbusinessethics,laborandhealthandsafety

65%ofwastefromdirectoperationswasdivertedfromlandfllsSeeProgressReport:OurSustainableStewardshipAmbitions

Governance

EstablishedanArtifcialIntelligence(AI)PolicythatdefnestheuseandimplementationofAIacrossMacy’s,Inc.

Highlightsareenterprise-wideunlessotherwisestated.

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2023CORPORATERESPONSIBILITYREPORT

People

Overview

11ProgressReport:People

HumanCapital

13Culture

15TalentAcquisition

17TotalRewards

20ColleagueDevelopment

23ColleagueEngagement

25FutureofWork

Diversity,Equity&Inclusion

29Customers

30Colleagues

34Suppliers

40Community

42Marketing

Overview

AtMacy’s,Inc.,werecognizeandvaluethediversecommunityofcolleaguesandpartnersthatdriveourmutualgrowthand

innovation.Wearefueledbyacultureofbelongingandthebeliefthatwhatwedoandhowwedoithaveequalweight.Theworkofeachcolleaguedirectlyimpactsourbusinessandiskeytobringinginspirationandjoytoourcustomers.

OurBoardofDirectors,throughtheCompensationand

ManagementDevelopmentCommittee,maintainsultimate

oversightofhumancapitalmanagementandhumancapital–

relatedrisks.OurChiefHumanResourcesandCorporate

AffairsOffcerisresponsibleforoverseeingourhumancapitalprogram.OurSVPandChiefDiversity,Equity&Inclusion

OffcerandourDiversity,Equity&InclusionBusinessCouncil

(DEIBC)leadourinitiativestobeaninclusiveemployer,committedtoincreasingourdiversecandidatepoolstobetterengagewithallmembersofourcustomerbase.

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2023CORPORATERESPONSIBILITYREPORT

PROGRESSREPORT

People

Weareworkingtocreateabrighterfuturewithboldrepresentationforall.Wesetambitions

tosupportandcelebrateourtalentedanddiversecolleaguesandourcustomers.

Ongoing

Completed

HumanCapital

FULLYFUNDEDEDUCATIONYEARFY22FY23

FY23CHANGE

VSFY22PROGRESS

*Welaunchedapartnershiptoprovide

afullyfundededucationbeneftprogramforeligiblecolleagues.

(Fordetails,seetheFullyFundedEducationsection.)

2022CompletedCompletedin2022

Completed

*MissionEveryOne-relatedcommitmentacrossourcommitmentpillars.

Diversity,Equity&Inclusion

SPENDINGWITHDIVERSESUPPLIERSYEARFY22FY23

FY23CHANGE

VSFY22PROGRESS

Achieve4.9%spendwithunderrepresentedsuppliersandincreaseourinvestment

withBlack-ownedbusinesses**(Fordetails,seetheSupplierssection.)

20234.2%oftotal

companyspend

4.2%oftotal

companyspend

Nochange

*MissionEveryOne-relatedcommitmentacrossourcommitmentpillars.

**Spendingwithdiversesuppliersisatotalofretailspendandnon-retailspend.

2023CORPORATERESPONSIBILITYREPORT

11

HumanCapital

Throughanunwaveringpassionandcommitmenttoourcolleagueswestrivetobethepreferred

employerinretailacrossallournameplates—Macy’s,Bloomingdale’sandBluemercury.Weprioritizeandsupportthedevelopmentandwell-beingofourcolleagues,aswerecognizethattheworkofeachindividualdirectlyimpactsourbusinessandiskeytobringinginspirationandjoytoourcustomers.

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2023CORPORATERESPONSIBILITYREPORT

Culture

Ourstrongcultureisacompetitiveadvantageandisallaboutrelationships—howwe

serveandsupportourcustomers,our

communitiesandeachother.Weknoweach

personisunique,sowerespectandinvest

ineachindividualtocreategrowth,prideand

satisfaction.Wevaluetransparencyandhonestconversations,andwethriveinadynamic,

collaborativeandinclusiveenvironment.

In2023,webuiltapurpose-driven,collaborativeandinclusiveculturethatencourageslifelong

learningandempowersourcolleaguestobe

leaders,regardlessoftitleorfunction.Looking

forwardtoournextchapter,wearefocusedon

beingintentionalinhowweevolveourwaysof

working,leadingtodrivegrowthacrossMacy’s,Inc.andempoweringourcolleagues.In2023,werefectedonthestrongestelementsofourcultureandwherewehaveopportunitiestoimprove.

OURVALUESAREWHATGUIDEUS

AcceptanceRespectIntegrityGivingBack

OURBEHAVIORSAREHOWWEBRINGOURCULTURETOLIFE

GetBetterEveryDay

CommittoWin

OwnYourRole

BuildTrust

WEAREALLLEADERS

Peopleleadership

Leadingothersisaprivilege,notsimplyacareerstatustobereached

Personalleadership

Bringingprideandpassiontoyourworkand

pushingeachothertodeliverexcellentresults;allareencouragedtobeleadersandmaximizetheirimpact,nomattertheirspecifcrole

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2023CORPORATERESPONSIBILITYREPORT

WeempowerourcolleaguesinourPERFORMANCE-DRIVENCULTUREwithanaimtoachievesuperiorfnancialandteamresults,includingengagementandretention.Weshareamotivationtoperformandsucceed,measuringourprogressandholdingourselvesaccountable.Forcolleagues,thismeans:

Meaningfulgoals

Collaboration

Continuousfeedback

Recognitionandrewards

Iseehowmywork

Wecommunicate

Mypeopleleader

Myuniquecontributions

alignswithourbusiness

openly,makedecisions

providesmewiththe

areappreciated,

strategiesandresults,

quicklyandlearn

personalizedfeedback

recognizedandvalued.

andIknowwhatI’m

fromoneanother.

andsupportIneedto

accountablefor.

growinmyroleandachievemygoals.

Ouriconiceventswouldnotbepossiblewithoutourdedicated,talentedcolleagueswhoinspireandcreatememories

forourcustomers.

BUILDING&CELEBRATINGCOMMUNITYWHILESTRENGTHENINGBRANDAWARENESS

Fornearly100years,the

Macy’sThanksgivingDay

Parade?hasservedasa

refectionofthefnestof

Americanpopularculture.

Millionstuneineachyear

towitnesstheiconicevent

thatushersintheholiday

season.Itisalsooneofour

biggestvolunteereventsof

theyear,withthousandsof

dedicatedvolunteersbringingtheParadetolifeannually.

Macy’s4thofJuly

Fireworks?isthenation’s

largestIndependenceDay

celebration.FiredfromvariouslocationsacrossNewYork

City,weinvitespectators

fromcoasttocoasttojointhepyrotechnicsalutetoAmericathroughthenationalbroadcast.

Macy’sFlowerShow?

isanannualspringtime

foralcelebrationheldat

ourfagshipstoreinNew

YorkCity.Theshowoffersaone-of-a-kindopportunityforcustomerstomarvelat

intricatefowersculpturesandlandscapedgardensacross

theiconicstore’smainfoor,mezzanineandwindows.

2023CORPORATERESPONSIBILITYREPORT

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TalentAcquisition

Westrivetoworkwiththebestandbrightesttalentintheindustrybyfosteringadynamic

cultureinwhichcolleaguescanthriveandbetheirbesteachday.Fromstudentslookingfortheirfrstjobandseasonalcandidates,toexperiencedtalentthatwerecruittodriveourkeygrowth

initiatives,Macy’s,Inc.hasjobopportunitiesforcandidatesatallstagesoftheircareerjourney.

In2023...

Wehiredmorethan75,000

combinedcolleagues(28,000full-timeand47,000seasonal)

intotheorganization.

Storesandsupplychains

performedstronglywithover90%staffnglevelsmet.

Wereceivedmorethan1.8millionapplicationsacrosstheenterprise,anincreaseof6%from2022.

JobDescriptions

WestartedrefreshingMacy’s,Inc.jobdescriptions,

puttingagreateremphasisonjobskillsandwhat

Macy’s,Inc.canprovideacandidate.Ourworkin

2023wasfocusedonupdatestohourlycolleagues’

jobdescriptions,andweexpecttoextendthisworktoprofessionalcolleaguesin2024.Wealsoexpanded

thedescriptionstobetterdescribewhatweexpect

fromcandidates.Inaddition,weworkedtoremove

barriersforcandidatesinouremploymentapplication,suchasremovingthedegreerequirementforallrolesexceptforthosethatrequireaspecifcprofessional

license.Throughthischange,wehopetoeliminatebiasandencouragemorecandidatestoapply.

CollegeInternshipProgramsatMacy’s&Bloomingdale’s

OurcollegeinternshipprogramsatMacy’sand

Bloomingdale’sareakeypillarofourrecruitment

strategy.Eachinternshipistailoredtospecifc

organizationalpositionsandcareerpaths,providingin-depthknowledge,hands-onexperienceand

interactionwithseniorleadership.Ourinternship

programsprovideanunmatchedlearningexperience

andatalentpipelineforfutureleaders.The

2023programincluded42.5%ethnicallydiverseparticipantsand76%femaleparticipants.The

internshipprogramalsoincludesprogrammingtoengagewithdiverse,high-potentialparticipantsinanefforttoincreaseourfuturecandidatepools.

Handshak,

Macy’s,Inc.receivedaHandshake2023EarlyTalentAward,

recognizingourinternshipprogramforprovidinghands-on,in-depthexperiencewithcorebusinessfunctionsandmanagementteams,aswellasmentorshipandleadershipinsightsfromcompanyleaders.

2023CORPORATERESPONSIBILITYREPORT

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Buildingadiversecandidatepipelineisakeycomponentofourtalentstrategy.In2023,asaresultofourfocus

onensuringwehavediversetalentpoolsfromwhichtodrawtheverybesttalent,46.5%ofourexternalhiresatthedirectorlevelandabovewereethnicallydiverse.Wehavemultipleinitiativesthatfocusonhiringa

diversecolleaguepopulationandcreatingopportunities

foraninclusiveworkforce.(SeetheDiversity,

Equity&Inclusionsectionformoreinformation.)

Community&ProfessionalPartnerships

Wepartnerwithmanyorganizationstopromoteour

employerbrandandcreatemeaningfulconnections

withcandidates.OurpartnersspanacrosstheU.S.

andincludeorganizationssuchasUNCF,OutinTech,ProfessionalDiversityNetworkandWomeninTech.

CampusPartnerships

Wepartnerwith12coreuniversitiesacross

theU.S.toenrichourcandidatepools.Ofthe12schools,fourofthemareHBCUsandtwoareHispanicServingInstitutions(HSIs).

Bloomingdale’sEarlyImmersion

Weofferatwo-dayprogramfocusedonprovidingexperientiallearningandcareerexposuretothosewhoidentifywithunderrepresentedgroups.

SecondChanceHiring

ClarkAtlantaUniversity

Witha$100,000donationfromMacy’sFutureofStyleFundin2023,Macy’sinvestedin

scholarshipsandopportunitiesforHBCUstudentstoexplorecareersinretail.Theteamhosteda

full-dayvisitfor15fashionstudentsinFebruaryandprovidedcareerworkshopsandnetworkingopportunitiesforstudentsthroughouttheyear.

SeetheSocialImpactsectionformoredetailsonhowwearestrengtheningcommunities

bysupportinglocalandnationalnonproftorganizationstohelpmakeadifference.

Macy’s,Inc.pridesitselfonprovidingopportunitiestopeopleofallbackgrounds,includingthosewithprior

involvementinthejusticesystem.In2023,webecameamemberoftheSecondChanceBusinessCoalition.

InclusiveWorkplaceInitiatives

Wetookstepstowardremovinglanguageasabarriertoemploymentorsuccessacrossour

supplychainbyprioritizingbilingualworkplace

initiatives.Duringourholidayhiringseason,wenowofferonboardingsessionsinSpanishtotrainnew

seasonalcolleaguesinsupportoftheincreasedhiringneedsinselectfulfllmentcenters.

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2023CORPORATERESPONSIBILITYREPORT

TotalRewards

Ourrewardsstrategyrecognizesperformanceandtalentdevelopment,rewardingcolleaguesasindividualsor

teams,aswellasacrossbusinessfunctions.Weprioritize

andsupportthewell-beingofourcolleaguesthroughour

healthcareandbeneftsprograms—becausewhenwetakecareofourcolleagues,theytakecareofourcustomers.

2023CORPORATERESPONSIBILITYREPORT

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1.Allcolleaguesincludefull-timeandpart-time,aswellasseasonalandconting