La-Z-Boy Incorporated Releases FY 2023 Sustainability Report: Delivering Sustainable Comfort
“I am proud of the sustainability efforts across our organization consistent with our mission, purpose, and values to empower courage for a sustainable culture, embrace curiosity for sustainable design, and operate with compassion for a sustainable planet,” said
“Our unrelenting commitment to producing high-quality, comfortable furniture has been a fundamental part of how
Key highlights from the FY 2023 Sustainability Report include:
- Starting from FY 2023, we have incorporated sustainability key performance indicators (KPIs) in our supplier scorecards.
- We successfully executed a power purchase agreement (PPA) in
Mexico. This agreement provides us with the opportunity to utilize renewable energy sources to power our largest manufacturing facility located outside the U.S. La-Z-Boy Incorporatedjoined Ascend’s National Cohort Program as a partner. The move provided several diverse La-Z-Boysuppliers an opportunity to gain access to new markets, funding sources, and high-quality business management education through The Ohio State University Fisher School of Business.
To learn more about La-Z-Boy Incorporated’s goals and corporate responsibility performance in FY 2023, read the full report at https://lazboy.gcs-web.com/.
The corporation’s branded distribution network is dedicated to selling
Cautionary Note Regarding Forward-Looking Statements:
This news release contains “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. Generally, forward-looking statements include information concerning expectations, projections or trends relating to our results of operations, financial results, financial condition, strategic initiatives and plans, expenses, dividends, share repurchases, liquidity, use of cash and cash requirements, borrowing capacity, investments, future economic performance, and our business and industry.
The forward-looking statements in this press release are based on certain assumptions and currently available information and are subject to various risks and uncertainties, many of which are unforeseeable and beyond our control. Additional risks and uncertainties that we do not presently know about or that we currently consider to be immaterial may also affect our business operations and financial results. Our actual future results and trends may differ materially depending on a variety of factors, including, but not limited to, the risks and uncertainties discussed in our fiscal 2023 Annual Report on Form 10-K and other factors identified in our reports filed with the
Source: La-Z-Boy Incorporated