Business
Sleep Number Issues Annual Corporate Sustainability Report
Wellness technology leader updates environmental, social, and governance (ESG) priorities and progress MINNEAPOLIS--(BUSINESS WIRE)-- Today, Sleep Number
About this update from Sleep Number Corporation
[{"type":"text","content":"\nWellness technology leader updates environmental, social, and governance (ESG) priorities and progress\n\n MINNEAPOLIS--(BUSINESS WIRE)--\nToday, Sleep Number Corporation (Nasdaq: SNBR) announced the publication of its 2023 Corporate Sustainability Report, which provides a comprehensive update of the company’s environmental, social and governance (ESG) priorities and progress. A participant of the United Nations Global Compact (UNGC) since 2020, Sleep Number is committed to incorporating the UNGC principles into its strategy, culture and day-to-day operations and advancing ESG initiatives in pursuit of sustainable, profitable growth that benefits all stakeholders.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230320005573/en/Today, Sleep Number announced the publication of its 2023 Corporate Sustainability Report, which provides a comprehensive update of the company’s ESG priorities and progress. (Photo: Business Wire)\n“Our ESG priorities are rooted in our company’s purpose to improve the health and wellbeing of society through higher quality sleep, which drives us to achieve important strategic milestones that strengthen our sleep health leadership and progress our sustainability initiatives,” said Shelly Ibach, Chair, President and CEO, Sleep Number. “We are proud of our thoughtful environmental stewardship, inclusive social progress and strong corporate governance, and we are resolute in our long-term commitment to further integrate our efforts. I am grateful to our Sleep Number team for their dedication to our mission and making a positive impact every day in the lives of our customers, our company and our planet.”\n\nKey ESG accomplishments detailed in the report include:\n\n\nEnvironmental: Continued measurement of, and focus on, reducing Scope 1 and 2 greenhouse gas (GHG) emissions and initiated an assessment of Scope 3 GHG emissions; completed a multi-year transition to an integrated manufacturing and distribution network which will enable operational efficiencies and environmental benefits, including waste reduction, cost savings and improved customer experience for years to come;\n\n\n\nSocial: Enterprise-wide coordination and communication of social initiatives, including formation of a cross-functional social impact team; financial commitments to and ...