Home retailer Williams-Sonoma has published its 2021 Impact Report highlighting the company’s environmental, social and governance progress.
The retailer, known in part for its private brands, set a Science-Based Target pledge to reduce emissions across its value chain by 2030 with a goal of carbon neutrality in the company’s own operations by 2025. The Impact Report notes a 24% decrease in emissions from 2020, and a 40% decrease since 2019.
The company pledges to plant one tree for every indoor wood furniture product purchased, with the goal of reaching 3 million trees planted by 2023. To date, Williams-Sonoma Inc. has planted over 1.5 million, many replacing wildfire damaged areas in California.
“Sustainability has always been core to our business strategy and we’re proud to have established a reputation for offering an industry-leading assortment of responsibly-made products,” said Laura Alber, President and CEO of Williams-Sonoma, Inc. “We plan to continue to set goals and make progress on those goals in a way that inspires our customers and our entire industry.”
The report also gives insights into the retailer’s sourcing. 75% of products at Williams-Sonoma will be sourced from suppliers who offer worker well-being programs by 2030. Currently, this number is at 46%. The efforts also include a commitment to paying an additional $10M in Fair Trade Premiums and an investment of $50M in Nest Certified products by 2025.
The full ESG report can be found here.