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Sonos Reports Progress Made Against Climate Action Plan, Showcases Commitment to Product Longevity and Sustainability
The company released its 2023 Listen Better Report, detailing actions to build a more sustainable future alongside progress on Social Impact and Diversity,
About this update from Sonos, Inc.
[{"type":"text","content":"\nThe company released its 2023 Listen Better Report, detailing actions to build a more sustainable future alongside progress on Social Impact and Diversity, Equity and Inclusion\n\n\n SANTA BARBARA, Calif.--(BUSINESS WIRE)--\nToday, Sonos (NASDAQ: SONO) released its annual Listen Better Report, offering a comprehensive overview of the company’s Environmental, Social, and Governance (ESG) efforts. Included in the Report are actions made against Sonos’ Climate Action Plan, introduced in 2021, which serves as a framework to drive the company to carbon neutrality by 2030 and net zero by 2040.\n\n\n“We aim to build products and experiences that bring joy to people, and to do it in a responsible way. Our Listen Better Report outlines how we’re bringing thoughtful innovation to everything we do in pursuit of helping the world listen better,” said Patrick Spence, Sonos CEO. “This year, we expanded our portfolio by unveiling three products that tie together immersive sound and sustainable design.”\n\n\nCreating responsibly-designed products\n\n\nBuilding sustainability into product hardware and software is central to Sonos’ efforts to respond to climate change. In 2023, Sonos released three new products that deliver on its commitment to provide innovative sound and superior functionality – while doing so responsibly. Sonos Era 100 and Sonos Era 300 are two all-in-one speakers, featuring stereo sound and spatial audio, respectively. Sonos Move 2 is a premium portable speaker. Sonos Era 100 and Sonos Era 300’s idle power consumption was reduced to under 2 watts, marking Sonos’ first plug-in speakers to reach this milestone. The design of the Sonos Era product line facilitates easy in-region repair, reducing transportation emissions and keeping products and component materials in use longer. Sonos achieved its FY23 circular materials goal by including post consumer recycled (PCR) plastic in all three of its new products, with Sonos Era 100 and Sonos Era 300 utilizing approximately 40% recycled plastic.\n\n\nAll Sonos products are wrapped in sustainable packaging, providing superior protection and a premium unboxing experience. Sonos was recognized for its responsible packaging efforts, earning The Dieline’s Best in Show award for the Sonos Ray and Sub Mini speakers. The packaging team continues to innovate by utilizing Forest Stewardship C...