La-Z-Boy Inc 2023 SR

The report outlines La-Z-Boy Incorporated's 'Delivering Sustainable Comfort' strategy, focusing on sustainable design, planet, and culture. In FY 2023, the company achieved a 70% reduction in its OSHA recordable injury rate since 2012 and sourced 79% of its North American electricity from renewable sources via a virtual power purchase agreement. The company committed to a Net Zero emissions target by 2050 and plans to establish science-based targets in FY 2024. Circularity efforts were highlighted through the 'Smash the Trash' program, which diverted $1.6 million in reusable parts back to plants, and the launch of an Outlet pilot store to repurpose discontinued inventory.

Company: La-Z-Boy Inc

Sector: Consumer Discretionary

Country: United States

Year: 2023

Type: SR

Pages: 60

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La-Z-Boy Inc

La-Z-Boy Inc 2023 Sustainability Report

Sustainability Report

The report outlines La-Z-Boy Incorporated's 'Delivering Sustainable Comfort' strategy, focusing on sustainable design, planet, and culture. In FY 2023, the company achieved a 70% reduction in its OSHA recordable injury rate since 2012 and sourced 79% of its North American electricity from renewable sources via a virtual power purchase agreement. The company committed to a Net Zero emissions target by 2050 and plans to establish science-based targets in FY 2024. Circularity efforts were highlighted through the 'Smash the Trash' program, which diverted $1.6 million in reusable parts back to plants, and the launch of an Outlet pilot store to repurpose discontinued inventory.

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Document Details

Report Year

2023

Reporting Period

May 1, 2022 - Apr 29, 2023

Fiscal Year

2023

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Other Standards

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 3:

Energy Consumption

Total Waste

Workplace Fatalities

Net Zero Target

Employees