ESG Reporting
Gap Inc.'s Leap Towards Digital Sustainability Reporting with IRIS CARBON®
Gap Inc., headquartered in San Francisco, California, leads the apparel industry with its purpose-driven lifestyle brands offering a diverse range of clothing, accessories, and personal care goods for all ages under prestigious labels such as Old Navy, Gap, Banana Republic, and Athleta. With a strong presence in the United States, Asia, the Middle East, Europe, and Africa.
This reflects the company's commitment to Sustainability and staying ahead of the curve by Digital reporting using SASB XBRL taxonomy.
Business Objectives
Business Challenge
Stakeholder Engagement
To improve ESG reporting accessibility across diverse stakeholders
Precise Performance Comparison
Converting to machine-readable format for better rater and aggregator evaluations
Favorable ESG Assessments
Accurate audit process for improved ESG ratings
Operational Efficiency
Saving time through streamlined communication channels with raters and rankers
Gap Inc. Meets ESG Reporting Goals with IRIS CARBON®
Offering XBRL Expertise
The team at Gap Inc. was expertly guided through a smooth onboarding process by team IRIS, ensuring they understood the intricacies of the SASB XBRL taxonomy to navigate digital ESG reporting accurately.
XBRL Conversion and Creation
Smoothly conducted the conversion and creation of Gap Inc.’s 2021 ESG Report smoothly digitized, ensuring accurate representation and compliance with reporting standards.
Seamless Report Publishing Process
Through the integration of an XBRL viewer link into an in-line viewer, team IRIS enabled Gap Inc. to publish their ESG report on their website, contributing to transparency initiatives and stakeholder engagement.
Digital Transformation of GAP Inc. Reporting
IRIS team digitally upgraded Gap Inc.’s ESG Reporting, facilitating smooth review and approvals.
“IRIS CARBON® came with a good understanding of XBRL, the taxonomy, and how it worked. They helped us understand our limitations in terms of using the framework or things that may not work with the way we were disclosing. We are excited to take this step ahead and cannot wait to see how the market responds to it”.
Marvin Smith
Director – ESG Reporting & Disclosures (Gap Inc.)
Download Gap Inc. Case Study
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