The Container Store Publishes Third Annual Sustainability Report
The Container Store Group, Inc. (TCS) has released its third annual Sustainability Report, showcasing significant progress in environmental, social, and governance (ESG) practices during fiscal year 2023. Key highlights include:
- Reducing energy consumption by 7.1% between 2022 and 2023
- Decreasing waste generation by 58% in the same period
- Being named one of USA Today's America's Top Climate Leaders in 2023
- Awarding nearly $200,000 in grants through its Employee First Fund
- Launching the Allyship Program to promote diversity and inclusion
CEO Satish Malhotra emphasized the company's commitment to building a better world while serving customers and stakeholders, stating that prioritizing sustainable practices has created new opportunities for innovation, reduced operational risks, and strengthened relationships driving long-term value.
The Container Store Group, Inc. (TCS) ha pubblicato il suo terzo Rapporto di Sostenibilità annuale, mostrando progressi significativi nelle pratiche ambientali, sociali e di governance (ESG) durante l'anno fiscale 2023. I principali punti salienti includono:
- Riduzione del consumo di energia del 7,1% tra il 2022 e il 2023
- Diminuizione della generazione di rifiuti del 58% nello stesso periodo
- Essere stata nominata una dei Top Climate Leaders d'America da USA Today nel 2023
- Assegnazione di quasi 200.000 dollari in sovvenzioni attraverso il suo Employee First Fund
- Lancio del Programma di Allyship per promuovere diversità e inclusione
Il CEO Satish Malhotra ha sottolineato l'impegno dell'azienda nel costruire un mondo migliore mentre serve clienti e portatori di interesse, dichiarando che dare priorità alle pratiche sostenibili ha creato nuove opportunità per l'innovazione, ridotto i rischi operativi e rafforzato le relazioni che guidano il valore a lungo termine.
The Container Store Group, Inc. (TCS) ha publicado su tercer Informe de Sostenibilidad anual, mostrando avances significativos en prácticas ambientales, sociales y de gobernanza (ESG) durante el año fiscal 2023. Los aspectos más destacados incluyen:
- Reducción del consumo de energía en un 7,1% entre 2022 y 2023
- Disminución de la generación de residuos en un 58% en el mismo período
- Ser nombrada uno de los Líderes Climáticos de América por USA Today en 2023
- Otorgar casi 200,000 dólares en subvenciones a través de su Employee First Fund
- Lanzamiento del Programa de Allyship para promover la diversidad y la inclusión
El CEO Satish Malhotra enfatizó el compromiso de la compañía de construir un mundo mejor mientras sirve a los clientes y a las partes interesadas, afirmando que priorizar las prácticas sostenibles ha creado nuevas oportunidades para la innovación, reducido riesgos operativos y fortalecido relaciones que impulsan el valor a largo plazo.
The Container Store Group, Inc. (TCS)는 2023 회계연도 동안 환경, 사회 및 거버넌스(ESG) 관행에서 상당한 진전을 보여주는 세 번째 지속 가능성 보고서를 발표했습니다. 주요 내용은 다음과 같습니다:
- 2022년과 2023년 사이에 에너지 소비를 7.1% 줄임
- 동기간 동안 폐기물 발생을 58% 감소
- 2023년 USA Today에서 미국의 최고 기후 리더 중 하나로 선정됨
- Employee First Fund를 통해 거의 20만 달러의 보조금 지급
- 다양성과 포용성을 촉진하기 위한 Allyship 프로그램 출범
CEO Satish Malhotra는 고객과 이해관계자에게 서비스를 제공하는 동시에 더 나은 세상을 만들겠다는 회사의 의지를 강조하면서, 지속 가능한 관행의 우선순위가 혁신의 새로운 기회를 창출하고 운영 위험을 줄이며 장기 가치를 주도하는 관계를 강화했다고 언급했습니다.
The Container Store Group, Inc. (TCS) a publié son troisième Rapport de Durabilité annuel, mettant en avant des progrès significatifs dans les pratiques environnementales, sociales et de gouvernance (ESG) au cours de l'exercice fiscal 2023. Les points clés incluent:
- Réduction de la consommation d'énergie de 7,1 % entre 2022 et 2023
- Diminution de la génération de déchets de 58 % sur la même période
- Désignation en tant que l'un des meilleurs leaders climatiques d'Amérique par USA Today en 2023
- Attribution de près de 200 000 dollars en subventions via le Employee First Fund
- Lancement du Programme de Allyship pour promouvoir la diversité et l'inclusion
Le PDG Satish Malhotra a souligné l'engagement de l'entreprise à construire un monde meilleur tout en servant les clients et les parties prenantes, affirmant que la priorité accordée aux pratiques durables a créé de nouvelles opportunités d'innovation, réduit les risques opérationnels et renforcé les relations qui favorisent la valeur à long terme.
The Container Store Group, Inc. (TCS) hat ihren dritten jährlichen Nachhaltigkeitsbericht veröffentlicht, der erhebliche Fortschritte in den Bereichen Umwelt, Soziales und Governance (ESG) im Geschäftsjahr 2023 zeigt. Wichtige Highlights sind:
- Reduzierung des Energieverbrauchs um 7,1% zwischen 2022 und 2023
- Verminderung der Abfallerzeugung um 58% im gleichen Zeitraum
- Auszeichnung als einer der Top Climate Leaders in Amerika von USA Today im Jahr 2023
- Vergabe von fast 200.000 US-Dollar an Zuschüssen durch den Employee First Fund
- Einführung des Allyship-Programms zur Förderung von Vielfalt und Inklusion
CEO Satish Malhotra betonte das Engagement des Unternehmens, eine bessere Welt aufzubauen und dabei Kunden und Stakeholder zu bedienen, und erklärte, dass die Priorisierung nachhaltiger Praktiken neue Möglichkeiten für Innovation geschaffen, betriebliche Risiken reduziert und Beziehungen gestärkt hat, die den langfristigen Wert fördern.
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“Our third year highlights the measurable impact we are making towards building a better world while serving our valuable customers and stakeholders. We are carrying the momentum of prior years to advance our sustainability efforts, making meaningful progress every day,” said Satish Malhotra, Chief Executive Officer and President of The Container Store. “By prioritizing sustainable practices, the Company has created new opportunities for innovation, reduced operational risks, and strengthened relationships that drive long-term value for the Company.”
Highlights of the 2023 report include:
- Remaining on target with the Company’s 10 unique goals defined across its environmental, social, and governance strategy
-
Reducing energy consumption between 2022 and 2023 by
7.1% as a result of ongoing energy efficiency initiatives -
Being named one of
USA Today’s America’s Top Climate Leaders in 2023 -
Decreasing the amount of waste generated between 2022 and 2023 by
58% - Formally launching the Allyship Program providing teams with the necessary tools to empower employees and customers on diverse and inclusive topics
-
Awarding nearly
$200,000
The report also showcases the Company’s progress against new and innovative environmental solutions, strong customer engagement, and investment in leadership and employees. As The Container Store looks to the future, Chief Executive Officer and President, Satish Malhotra said “the Company looks forward to further advancing our goals as an operating sustainable business and deepening our impact across the value chain and the world.”
Learn more about the Company’s commitment towards ESG and download a copy of the 2023 Sustainability Report HERE.
About The Container Store
Founded in 1978, The Container Store Group, Inc. (NYSE: TCS) is the nation’s only retailer with a solution-oriented offering of custom spaces, organizing solutions, and in-home services, designed to transform lives through the power of organization. With more than 100 locations nationwide and a flagship online store, the retailer offers an exclusive portfolio of custom space lines that can be designed for any area of the home, and more than 10,000 products to complete any space.
Visit www.containerstore.com for more information about complementary Custom Spaces in-home or in-store design, in-home organizing, products, store locations, trade program, and business to business opportunities.
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or
Media:
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Carson Netherton, 972-538-6402
publicrelations@containerstore.com
Source: The Container Store Group, Inc.
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