CooperVision Launches MADE BETTER™ Promise Beginning with MyDay® Contact Lenses*¹

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

(Very Positive)

Rhea-AI Summary

CooperVision (Nasdaq: COO) launched the MADE BETTER™ Promise on April 9, 2026, beginning with the MyDay® daily disposable contact lens family.

The program uses ISCC PLUS-certified bio-attributed plastic in MyDay® blisters, manufacturing efficiency gains (≈30% lower GHG per lens at Puerto Rico site vs 2021), >90% recycling rates at production sites, and a plastic neutrality partnership that offset ~12.4M kg of coastal plastic waste (≈659M bottles) as of Feb 2026.

AI-generated analysis. Not financial advice.

Positive

ISCC PLUS-certified bio-attributed plastic used in MyDay® blisters
Manufacturing ~30% lower greenhouse gas per lens at Juana Díaz vs 2021
Manufacturing sites recycle >90% of waste (Juana Díaz verified 94.7%)
Plastic neutrality program collected 12.4M kg plastic (≈659M bottles) through Feb 2026

Negative

ISCC certification uses mass balance allocation; packaging not physically segregated
Foil lidding and lenses themselves are not ISCC PLUS-certified
Plastic neutrality offsets cover only a portion of product plastic footprint

News Market Reaction – COO

-0.38%

1 alert

-0.38% News Effect

On the day this news was published, COO declined 0.38%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Plastic waste collected: 12.4M kg Bottle equivalent: 659M plastic bottles GHG reduction: 30% lower emissions per lens +5 more

8 metrics

Plastic waste collected 12.4M kg Plastic Bank partnership as of February 2026

Bottle equivalent 659M plastic bottles Equivalent to plastic collected via Plastic Bank program

GHG reduction 30% lower emissions per lens Juana Díaz facility 2024 vs 2021

Recycling rate 94.7% Juana Díaz facility, SCS Global Services certificate SCS-ZW-0018

Manufacturing recycling Over 90% Average recycling rate for UK MyDay manufacturing facilities

Plastic Bank members More than 7,000 Collection members in Indonesia, Egypt, Philippines as of October 3, 2025

Plastic Bank communities 500+ communities Participating coastal communities in Plastic Bank program

Lives impacted Over fifty million People impacted annually by CooperCompanies’ products

Market Reality Check

Price: $62.55 Vol: Volume 2,222,107 vs 20-da...

normal vol

$62.55 Last Close

Volume Volume 2,222,107 vs 20-day average 2,033,252 (relative volume 1.09x). normal

Technical Shares at $71.73, trading 20.15% below 52-week high of $89.83 and below 200-day MA at $74.63.

Peers on Argus

COO up 2.97% while peers are mixed: SOLV +1.37%, WST +1.21%, BAX -0.89%, RMD -0....

COO up 2.97% while peers are mixed: SOLV +1.37%, WST +1.21%, BAX -0.89%, RMD -0.26%, HOLX flat. This points to a stock-specific move rather than a coordinated sector shift.

Common Catalyst Only WST reported a conference-related headline today; no shared sustainability or product theme across peers.

Historical Context

5 past events · Latest: Mar 05 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 05	Earnings release	Positive	-4.5%	Q1 FY2026 beat with raised revenue, EPS, and free cash flow guidance.
Feb 10	Product launch	Positive	+0.1%	Launch of MiSight 1 day in Japan as first myopia control contact lens.
Feb 05	Earnings date set	Neutral	+2.5%	Announcement of Q1 2026 release date and investor conference call details.
Dec 29	Conference appearance	Neutral	+0.3%	Planned presentation at the J.P. Morgan Healthcare Conference with webcast access.
Dec 23	Board change	Neutral	-1.1%	Appointment of new independent director and Cooperation Agreement with Browning West.

Pattern Detected

Recent news often saw muted or contrary price reactions, including a selloff on strong earnings, with only one clear alignment between positive news and price gains.

Recent Company History

Over the past several months, CooperCompanies has announced mixed catalysts. Strong Q1 FY2026 results with raised full-year guidance on Mar 5, 2026 were followed by a -4.55% move. Strategic product expansion continued with the MiSight 1 day Japan launch on Feb 10, 2026, which saw little price change. Neutral items such as earnings date notices, a J.P. Morgan conference appearance, and a board/Cooperation Agreement update produced modest moves. Today’s sustainability-focused product news fits into this pattern of operational execution and brand positioning rather than financial inflection.

Market Pulse Summary

This announcement underscores CooperVision’s emphasis on sustainability, highlighting lower-carbon m...

Analysis

This announcement underscores CooperVision’s emphasis on sustainability, highlighting lower-carbon manufacturing, ISCC PLUS-certified packaging, and collection of 12.4M kg of plastic waste (about 659M bottles) through Plastic Bank. These initiatives support brand differentiation in contact lenses without altering the company’s near-term financial guidance. In context of recent earnings strength and global product expansion, investors can watch how adoption of MADE BETTER-branded products evolves, along with future ESG disclosures and any quantified impact on costs, margins, or customer demand.

Key Terms

iscc plus-certified, mass balance approach, scope 1 emissions, scope 2 emissions, +4 more

8 terms

iscc plus-certified technical

"Use of ISCC PLUS-certified materials in the packaging of participating products"

ISCC PLUS-certified means a product, facility, or supply chain has been independently audited under the International Sustainability and Carbon Certification (ISCC) PLUS scheme to verify that materials—such as recycled plastics, bio-based feedstocks, or chemically recycled inputs—are sustainably sourced, properly documented, and traceable from origin through processing. For investors, it functions like a trusted sustainability seal: it reduces regulatory and reputational risk, can open access to customers and markets that demand certified materials, and may support pricing advantages or contract opportunities.

mass balance approach technical

"bio-attributed material sourced and allocated via the ISCC mass balance approach"

A mass balance approach is a bookkeeping method that tracks how much sustainable, recycled, or specialty input is present when those inputs are mixed with conventional materials during production; it assigns a proportion of the sustainable content to finished products rather than physically separating batches. Like saying a percentage of candies in a mixed jar came from a recycled batch, it lets companies make certified sustainability claims, affecting regulatory compliance, customer trust, supply risks and potential market value for investors.

scope 1 emissions technical

"Scope 1 emissions are direct emissions from owned or controlled sources"

Direct greenhouse gas emissions that come from sources a company owns or controls, such as fuel burned in boilers, on-site manufacturing processes, or emissions from company vehicles. Investors care because these emissions create regulatory, cost and reputation risks and signal how efficiently a business runs—think of them as the pollution coming from a household’s own car and furnace, versus emissions from the electricity it buys.

scope 2 emissions technical

"Scope 2 emissions are indirect emissions from the generation of purchased energy"

Greenhouse gas emissions that come from the electricity, steam, heating or cooling a company buys rather than from its own on-site fuel use. Think of it like the emissions tied to your household’s power bill: the company didn’t burn the fuel itself, but its energy purchases still cause pollution upstream. Investors watch these figures because they reveal exposure to carbon-related costs, regulatory risk and reputation issues, and indicate how well a company can meet clean-energy targets and lower operating risk.

greenhouse gas emissions technical

"reduced waste, improved energy efficiency, and lowered greenhouse gas emissions"

Greenhouse gas emissions are the gases a company releases into the air—like carbon dioxide or methane—that trap heat in the atmosphere and contribute to global warming. For investors, these emissions matter because they can lead to higher regulatory costs, fines, shifting consumer preferences, and physical risks (like supply-chain disruptions), or create opportunities in low-carbon products; think of emissions as a company’s climate footprint that can affect future profits and value.

renewable energy technical

"At its manufacturing facilities in the UK, CooperVision purchases 100% renewable energy"

Sources of power that come from naturally replenishing resources—such as sunlight, wind, flowing water, and geothermal heat—rather than fuels that can run out. Investors care because renewable energy can reduce long-term fuel costs, lower regulatory and climate risk, and create growing markets for technology and infrastructure; think of it like putting money into a well that refills itself rather than a one-time fuel tank, offering steadier long-term returns and different risk profiles.

life cycle assessment technical

"Full life cycle assessment has been conducted in accordance with ISO 14067"

A life cycle assessment is a systematic review of the environmental impacts of a product or service across its entire existence — from raw material extraction through manufacturing, use, and disposal. For investors, it acts like a full 'environmental health check' that reveals hidden costs, regulatory and supply-chain risks, and opportunities for efficiency or branding that can affect long-term profitability and valuation.

iso 14067 technical

"life cycle assessment has been conducted in accordance with ISO 14067"

ISO 14067 is an international standard that sets a consistent method for measuring and reporting the greenhouse gas emissions linked to a product across its entire life cycle, from raw materials and manufacturing to use and disposal. For investors it matters because a clear, comparable “carbon label” helps reveal supply-chain and regulatory risks, guides sustainability-driven buying decisions, and can influence costs, market access and long-term value—much like a nutrition label reveals what's inside a food package.

AI-generated analysis. Not financial advice.

04/09/2026 - 08:05 AM

New sustainability platform reflects company's commitment to responsible sourcing, more
efficient manufacturing, and offsetting a portion of plastic footprint^*†1

ROCHESTER, N.Y., April 9, 2026 /PRNewswire/ -- CooperVision announced today the launch of its MADE BETTER^™ Promise—a new global sustainability platform focused on smarter, more sustainable choices.^*†1 Built on years of CooperVision innovation in sustainability, MADE BETTER^™ Promise is woven throughout the life of participating products, beginning with the MyDay^® daily disposable family of contact lenses.^*†1

As part of the MADE BETTER™ Promise, CooperVision's MADE BETTER™ Innovation with MyDay^® is introducing mindful packaging material choices and manufacturing improvements that lowers the carbon impact.^*†1 The company also continues to offset a portion of MyDay^® plastic footprint through its plastic neutrality program.^†^‡2

Key elements of CooperVision's MADE BETTER^™ Innovation include:

Use of ISCC PLUS-certified materials in the packaging of participating products, making CooperVision the first and only contact lens manufacturer to do so.^*†§^♦^1,3 The plastic within MyDay^® blisters is 100% ISCC PLUS-certified bio-attributed material sourced and allocated via the ISCC mass balance approach^.^¶^3,4
Manufacturing processes intentionally designed to reduce carbon footprint through next-generation technologies and improved resource efficiency.^*†**^††‡‡^1,5
Use of lower-carbon energy where possible across production operations.^§§⁶
Manufacturing sites that recycle more than 90% of waste, helping conserve natural resources.^♦♦⁷

MADE BETTER^™ Innovation also encompasses CooperVision's plastic neutrality program with Plastic Bank, which supports the removal of plastic waste from coastal communities while creating positive socioeconomic impact.^†^‡2 To date, the program has enabled the collection and recycling of more than 659 million plastic bottles from coastal areas where plastic pollution is prevalent.^¶¶8

"CooperVision's sustainability progress begins with innovation—in materials, manufacturing, and the way we think about the full life cycle of our products.^*†1 MADE BETTER^™ Promise reflects how we are turning those innovations into real–world impact through thoughtful choices that benefit both People + Planet,*^♦♦♦^1,9 said Aldo Zucaro, Senior Director of Corporate Responsibility, CooperCompanies. "We're off to a strong start, delivering practitioners and their patients the same MyDay^®—just made with less carbon." ****^{††††6}

CooperVision's MADE BETTER^™ Promise is an ongoing global commitment, with continued advancements in materials, technologies, and processes intended to further reduce environmental impact over time.^*1

*CooperVision's MADE BETTER Innovation program has introduced lower-carbon inputs with traceable sourcing - including ISCC PLUS-certified, lower-carbon plastic and lower-carbon aluminum - into the primary packaging of the MyDay^® range of products. It also refers to process improvements that have reduced waste, improved energy efficiency, and lowered greenhouse gas emissions during production of the MyDay^® range of products. Methods and verification information are available at [coopervision.com/sustainability/methods].
^†Through its partnership with Plastic Bank, CooperVision offsets a portion of its plastic footprint by funding the collection and recycling of plastic waste, equivalent in weight to the plastic used in participating soft contact lens products sold in participating countries, gathered within 30 miles of oceans or waterways in countries where Plastic Bank operates. Plastic weight is based on the total weight of plastic in the lens, blister, and secondary packaging, including laminates, adhesives, and auxiliary inputs (e.g. ink). This does not include plastic used during the manufacturing process.
^‡Plastic used in participating CooperVision soft contact lens products is determined by the weight of plastic in the blister, the lens, and the secondary package, including laminates, adhesives, and auxiliary inputs (e.g. ink). The determination does not include plastic used during the manufacturing process for both these products and their packaging.
^§'Packaging' refers to the blister pack that directly encloses each contact lens - the plastic tray sealed with an aluminum foil lid.
^♦Determination is based on a review of the ISCC PLUS-certified public license database and publicly available information. ISCC PLUS-certified licenses are issued at supplier/site level and may not identify downstream brands. As of November 6, 2025, no other contact lens manufacturers were identified as using ISCC PLUS-certified plastic. ISCC License number ISCC-L-228, valid beginning April 6, 2026, along with CooperVision's internal documentation shows that 100% of the polypropylene used within the MyDay^® blisters is ISCC PLUS-certified bio-attributed material sourced and allocated via the mass balance approach; certification does not imply physical segregation.
^¶Foil lidding atop of the MyDay^® blisters and the contact lenses themselves are not ISCC PLUS-certified.
^**Refers to continuous manufacturing improvement processes undertaken by CooperVision to increase efficiency
^††Carbon footprint is limited to Scope 1 and 2 emissions, defined as: Scope 1 emissions are direct emissions from owned or controlled sources. Scope 2 emissions are indirect emissions from the generation of purchased energy.
^‡‡CooperVision's 2021 and 2022 Environmental, Social, and Governance Reports.
^§§The MyDay^® range of products are manufactured at two facilities that use lower-carbon energy sources. At CooperVision's Juana Díaz, Puerto Rico site, combined heat and power (CHP) technology generates electricity and thermal energy more efficiently than conventional grid-supplied electricity and separate heating systems. Based on CooperVision's scope 1 and scope 2 emissions data, total greenhouse gas emissions per manufactured lens at this facility in 2024 were approximately 30% lower than in 2021, prior to CHP startup. At its manufacturing facilities in the UK, CooperVision purchases 100% renewable energy.
^♦♦SCS Global Services Certificate No. SCS-ZW-0018 verifies a recycling rate of 94.7% for the Juana Díaz, PR facility. SCS Global Services is an international leader in third-party certification, validation, and verification for environmental sustainability. CooperVision's internal records demonstrate an average recycling rate of over 90% for its MyDay^® manufacturing facilities in the UK.
^¶¶CooperVision, through its collaboration with Plastic Bank, has collected and recycled approximately 12.4M kg of plastic waste gathered within 30 miles of oceans or waterways in countries where Plastic Bank operates as of February 2026. Using Plastic Bank's metric of 1kg of plastic equaling 50 standard 202mm bottles, that will be the equivalent of approximately 659M plastic bottles.
^♦♦♦As of October 3, 2025, more than 7,000 Plastic Bank collection members across 500+ communities in Indonesia, Egypt, and the Philippines have exchanged collected plastic waste for income and life-improving benefits (such as insurance, digital connectivity, grocery vouchers, and school supplies) through CooperVision's plastic neutrality program with Plastic Bank, cumulative since January 2021.
****Results compare 2024 with a 2021 baseline. Full life cycle assessment has been conducted in accordance with ISO 14067 and verified through independent critical review from a cradle-to-grave basis, which covers all product stages from raw material extraction to end-of-life. Details on methodology and verification are available at [coopervision.com/sustainability/methods].
^††††Carbon reduction' and/or 'lower carbon' refer to a reduction in total greenhouse gas emissions, expressed as carbon dioxide equivalent (CO2e). No carbon offsets are used.

References:

CVI data on file, 2023-2025
CVI data on file, 2024.
CVI data on file, 2025.
International Sustainability & Carbon Certification, 2025, https://iscc-system.org/about/who-we-are.]
CVI data on file, 2023.
CVI data on file, 2021-2025.
CVI data on file, 2024-2025.
CVI data on file as of 03/2026.
Plastic Bank, CVI data on file, 2025

SA17810/APP163993

About CooperVision
CooperVision, a division of CooperCompanies (Nasdaq:COO), is one of the world's leading manufacturers of contact lenses. The company produces a full array of daily disposable, two-week and monthly soft contact lenses that feature advanced materials and optics, and premium rigid gas permeable lenses for orthokeratology and scleral designs. CooperVision has a strong heritage of addressing the toughest vision challenges such as astigmatism, presbyopia, childhood myopia, and highly irregular corneas; and offers the most complete portfolio of spherical, toric, and multifocal products available. Through a combination of innovative products and focused practitioner support, the company brings a refreshing perspective to the marketplace, creating real advantages for customers and wearers. For more information, visit www.coopervision.com.

About CooperCompanies
CooperCompanies (Nasdaq: COO) is a leading global medical device company focused on helping people experience life's beautiful moments through its two business units, CooperVision and CooperSurgical. CooperVision is a trusted leader in the contact lens industry, helping to improve the way people see each day. CooperSurgical is a leading fertility and women's healthcare company dedicated to putting time on the side of women, babies, and families at the healthcare moments that matter most. Headquartered in San Ramon, Calif., CooperCompanies has a workforce of more than 15,000, sells products in over 130 countries, and positively impacts over fifty million lives each year. For more information, please visit www.coopercos.com.

Media Contact
Heather Kowalczyk, APR
McDougall Communications for CooperVision
heather@mcdougallpr.com or +1.585.434.2148

View original content to download multimedia:https://www.prnewswire.com/news-releases/coopervision-launches-made-better-promise-beginning-with-myday-contact-lenses-302737769.html

SOURCE CooperVision, Inc.

FAQ

What is CooperVision's MADE BETTER™ Promise announced April 9, 2026 (COO)?

The MADE BETTER™ Promise is a sustainability platform for participating products, starting with MyDay®. According to CooperVision, it combines ISCC PLUS-certified packaging, manufacturing efficiency, and a plastic neutrality program to reduce product environmental impact.

How does MyDay® packaging change under the MADE BETTER™ Promise (COO)?

MyDay® blister packaging now uses ISCC PLUS-certified bio-attributed polypropylene in the blister tray. According to CooperVision, the certification is allocated via a mass balance approach and does not imply physical segregation.

What manufacturing improvements did CooperVision report for MyDay® (COO)?

CooperVision reported manufacturing process upgrades and lower-carbon energy use at sites. According to CooperVision, Juana Díaz operations achieved approximately 30% lower GHG per lens in 2024 versus a 2021 baseline.

How much plastic has CooperVision offset through its Plastic Bank partnership (COO)?

CooperVision has funded collection and recycling of about 12.4M kg of coastal plastic waste (≈659M bottles) as of February 2026. According to CooperVision, offsets equal the weight of plastic in participating product packaging.

Do all MyDay® materials carry ISCC PLUS certification under MADE BETTER™ (COO)?

No. The polypropylene in the blister trays is ISCC PLUS-certified, but the foil lidding and contact lenses are not certified. According to CooperVision, certification covers the blister plastic only, via supplier-level licensing.