MONROE, Mich. -- La-Z-Boy Inc. released its inaugural Environmental, Social and Governance (ESG) report highlighting the residential furniture manufacturer’s progress toward its goals to achieve sustainable products, a healthy planet, and a values-based culture.
Melinda Whittington, president and CEO of La-Z Boy, said, “For nearly 100 years, La-Z-Boy Incorporated has delivered quality and comfort to families around the world. As we build the La-Z-Boy of tomorrow, our goal is to make the world a better place through the transformational power of comfort. This means we embrace curiosity for sustainable design, operate with compassion for a sustainable planet, and empower courage for a sustainable culture, leveraging our core values.”
La-Z-Boy’s reported “notable progress” across the three key pillars of its “Deliver Sustainable Comfort” initiative. They include:
- Sustainable Design – La-Z-Boy said it received a High Score on the Wood Furniture Scorecard, an initiative of the National Wildlife Federation and Sustainable Furnishings Council to demonstrate the progress of sustainability initiatives by furniture companies. The company also established a Supplier Inclusion Program, which seeks to ensure inclusion is a component of every product La-Z-Boy Incorporated makes.
- Sustainable Planet – La-Z-Boy joined the Science Based Targets initiative (SBTi) with the goal to reach net-zero emissions by 2050. In addition, the company executed a Virtual Power Purchase Agreement to help it address the carbon footprint of more than 90% of its current total annual U.S. energy consumption.
- Sustainable Culture -- Signed the CEO Action for Diversity & Inclusion pledge which outlines specific actions to cultivate a diverse, inclusive and trusting workplace environment. La-Z-Boy also granted more than $2.7 million to non-profit organizations through cash and in-kind donations from the corporation and the La-Z-Boy Foundation.
In addition to its namesake, La-Z-Boy’s brands include England, La-Z-Boy, American Drew, Hammary, Kincaid, and the company's international wholesale and manufacturing businesses. The company-owned retail segment includes 161 of the 348 La-Z-Boy Furniture Galleries stores, plus Joybird an e-commerce retailer and manufacturer of upholstered furniture.
Have something to say? Share your thoughts with us in the comments below.