An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Warby Parker Inc. (NYSE: WRBY) released its 2022 Impact Report, illustrating its commitment to corporate responsibility. The report emphasizes significant initiatives, including the distribution of over 13 million pairs of glasses globally via its Buy a Pair, Give a Pair program, which has been active since 2010. This program addresses the need for accessible vision care, with approximately one billion people lacking glasses worldwide.
Additionally, the company initiated a partnership with Eastman Chemical to recycle 20,000 pounds of single-use plastic in its first year. Warby Parker also expanded its Pupils Project, helping over 50,000 schoolchildren see clearly by providing free vision services in various U.S. cities.
The report aligns its efforts with the Global Reporting Initiative and the United Nations’ Sustainable Development Goals.
Positive
Distributed over 13 million pairs of glasses through the Buy a Pair, Give a Pair program.
Launched partnership with Eastman Chemical to recycle 20,000 pounds of single-use plastic.
Expanded Pupils Project, providing free vision care to over 50,000 schoolchildren.
Negative
None.
Highlights impact and milestones, including distribution of more than 13 million pairs of glasses globally through its Buy a Pair, Give a Pair program
NEW YORK--(BUSINESS WIRE)--
Warby Parker Inc. (NYSE: WRBY) (the “Company”), a direct-to-consumer lifestyle brand focused on vision for all, today published its 2022 Impact Report. In the spirit of three of its core values (Do good, Set ambitious goals and measure results, and Learn. Grow. Repeat), Warby Parker tracks and annually reports its impact on stakeholders following the Global Reporting Initiative (GRI) framework. Using these guidelines, Warby Parker is able to examine where it is as a company today and envision where it wants to be in the future.
The GRI is one of the most widely recognized sets of global sustainability reporting guidelines that helps organizations understand, communicate, and compare their impact on key sustainability topics. Warby Parker also releases a Sustainability Accounting Standards Board (SASB) summary and aligns its key areas of sustainability to the United Nations’ Sustainable Development Goals (SDGs) within the Impact Report.
Distributing 13 Million Pairs of Glasses Globally through Buy a Pair, Give a Pair program: Warby Parker believes in vision for all, which is why for every pair of glasses or sunglasses sold, a pair of glasses is distributed to someone in need through its Buy a Pair, Give a Pair program. Since the program began in 2010, the need for accessible vision care remains high—according to the World Health Organization, approximately one billion people around the world need glasses but don’t have access to them.
In 2022, Warby Parker reached more than 13 million pairs of glasses distributed globally through Buy a Pair, Give a Pair, meaning 13 million more people now have the glasses they need to learn, work, and achieve better economic outcomes. Additionally, for the first time in the history of the program, Warby Parker expanded efforts to Europe, as the Company partnered with RestoringVision to distribute 100,000 pairs of glasses to those impacted by the war in Ukraine.
Launching aFirst-of-its-kind Partnership with Eastman Chemical to Recycle 20,000 Pounds of Single-Use Plastic in First Year: After two years of research and testing, Warby Parker launched a demo lens recycling program in partnership with Eastman Chemical in the first quarter of 2022. Through this program, discarded demo lenses (the clear lenses used to maintain the frame integrity and shape in transit and for display) from Warby Parker’s two optical labs are broken down to the molecular level and then used as feedstock in place of fossil fuels to produce new materials that are indistinguishable from their counterparts, preserving natural resources in the process. In 2022 alone, Warby Parker saved 20,000 pounds of single-use plastic from landfill.
Helping More than 50,000 U.S. Schoolchildren See Clearly through Pupils Project Program: In 2015, Warby Parker created Pupils Project, a program that works with local organizations and government agencies to provide free vision screenings, eye exams, and glasses to schoolchildren. In 2022, Warby Parker expanded this program to new school districts and cities across California and Pennsylvania, resumed a small-scale pilot in Boston, and celebrated reaching 10,000 pairs of glasses distributed in Baltimore, Maryland. In 2022, Pupils Project distributed more than 50,000 pairs of glasses to students across New York City, Baltimore, Pennsylvania, California, and Washington, D.C.—the most Warby Parker has provided through the program in one year to date.
About Warby Parker Warby Parker (NYSE: WRBY) was founded in 2010 with a mission to inspire and impact the world with vision, purpose, and style–without charging a premium for it. Headquartered in New York City, the co-founder-led lifestyle brand pioneers ideas, designs products, and develops technologies that help people see, from designer-quality prescription glasses (starting at $95) and contacts, to eye exams and vision tests available online and in more than 200 retail stores across the U.S. and Canada.
Warby Parker aims to demonstrate that businesses can scale while doing good in the world. Ultimately, the brand believes in vision for all, which is why for every pair of glasses or sunglasses sold, a pair is distributed to someone in need through their Buy a Pair, Give a Pair program. To date, Warby Parker has worked alongside its nonprofit partners to distribute more than 13 million glasses to people in need.
What are the key highlights from Warby Parker's 2022 Impact Report?
The report highlights the distribution of over 13 million pairs of glasses, a new recycling partnership with Eastman Chemical, and the expansion of the Pupils Project.
How does the Buy a Pair, Give a Pair program work for Warby Parker?
For every pair of glasses sold, Warby Parker donates a pair to someone in need, having distributed over 13 million pairs since its inception.
What sustainability initiatives has Warby Parker undertaken in 2022?
In 2022, Warby Parker partnered with Eastman Chemical to recycle single-use plastic and expanded its Pupils Project to help schoolchildren.
How many schoolchildren benefited from Warby Parker's Pupils Project in 2022?
The Pupils Project provided free vision care to over 50,000 schoolchildren across various U.S. cities in 2022.
What framework does Warby Parker follow for its sustainability reporting?
Warby Parker follows the Global Reporting Initiative (GRI) framework for its sustainability reporting.
