National Vision Releases 2023 Sustainability Report

Rhea-AI Summary

National Vision, one of the largest optical retail companies in the U.S., has released its 2023 Sustainability Report, titled "A World Worth Seeing." The report highlights progress across the company's Social, Employees, Environment and Governance (SEE+G) framework. Key achievements include:

• Nearly 10 million people helped to see better and live better in 2023
• Over $4.1 million donated by National Vision and its charitable foundation, impacting more than 1.4 million lives
• $100,000 in scholarships provided to associates' children
• Hosted over 1,200 optometrists for the 2023 Continuing Education Symposium
• Continued rollout of electronic health records and energy-efficient lighting improvements
• Strengthened supplier sustainability commitments

The report aligns with SASB, GRI Standards, and UN Sustainable Development Goals.

DULUTH, Ga.--(BUSINESS WIRE)-- National Vision, Inc., one of the largest optical retail companies in the U.S., released its 2023 Sustainability Report, “A World Worth Seeing.” The report reflects continued progress across its Social, Employees, Environment and Governance (SEE+G) framework.

(Photo: Business Wire)

“In 2023, National Vision helped nearly 10 million people see better and live better. Our success as a business is deeply intertwined with our commitment to improving lives through accessible and affordable eye care and eyewear,” said CEO Reade Fahs. “This report reflects our continued strides in our commitment to sustainability and long-term growth as a means to build a better future."

Highlights from the 2023 Sustainability Report include:

• Societal Impact: More than $4.1 million donated by National Vision and its charitable foundation, 20/20 Quest, with more than 1.4 million lives impacted by our philanthropic activities
• Employees: Continued dedication to training and advancement of National Vision associates and affiliated optometrists, including providing $100,000 in scholarships to associates’ children and hosting more than 1,200 optometrists for the 2023 Continuing Education Symposium, which offered access to 22 hours of continuing education credits
• Environment: Continued electronic health records rollout to more locations across the country and completed energy-efficient lighting improvements across all facilities
• Governance: Completed phase out of classified Board structure and strengthened our supplier sustainability commitments, including updating our Supplier Code of Conduct

“This report showcases the true team effort underpinning our progress across the four pillars of our SEE+G framework,” said Jared Brandman, SVP, General Counsel and Secretary, who leads the company’s sustainability efforts. “It also highlights our continued commitment to improving our ability to capture and disclose the information that our stakeholders find most meaningful.”

The report is aligned with recognized guidelines including those developed by the Sustainability Accounting Standards Board (SASB), the Global Reporting Initiative (GRI) Standards, and the United Nations’ Sustainable Development Goals.

The report is available online at www.nationalvision.com/SEEG.

About National Vision Holdings, Inc.

National Vision Holdings, Inc. (NASDAQ: EYE) is one of the largest optical retail companies in the United States with over 1,200 stores in 38 states and Puerto Rico. With a mission of helping people by making quality eye care and eyewear more affordable and accessible, the company operates four retail brands: America’s Best, Eyeglass World, and Vista Opticals inside select Fred Meyer stores and on select military bases, and an e-commerce website DiscountContacts.com, offering a variety of products and services for customers’ eye care needs. For more information, please visit www.nationalvision.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240827103008/en/

Investor Contact:

Tamara Gonzalez

Vice President of Investor Relations

Investor.Relations@nationalvision.com

Media Contact:

Racheal Peters

media@nationalvision.com

(470) 448-2303

Source: National Vision, Inc.

FAQ

What were the key highlights of National Vision's 2023 Sustainability Report?

National Vision's 2023 Sustainability Report highlighted helping nearly 10 million people see better, donating over $4.1 million, providing $100,000 in scholarships, hosting 1,200 optometrists for continuing education, rolling out electronic health records, and improving energy efficiency in facilities.

How many lives did National Vision impact through its philanthropic activities in 2023?

According to the 2023 Sustainability Report, National Vision's philanthropic activities impacted more than 1.4 million lives.

What environmental initiatives did National Vision (EYE) undertake in 2023?

In 2023, National Vision (EYE) continued the rollout of electronic health records to more locations and completed energy-efficient lighting improvements across all facilities.

How much did National Vision (EYE) donate to charitable causes in 2023?

National Vision (EYE) and its charitable foundation, 20/20 Quest, donated more than $4.1 million in 2023.

What governance changes did National Vision (EYE) implement in 2023?

National Vision (EYE) completed the phase-out of its classified Board structure and strengthened supplier sustainability commitments, including updating the Supplier Code of Conduct.