WILLIAMS-SONOMA, INC. RELEASES 2023 IMPACT REPORT

Rhea-AI Summary

Williams-Sonoma, Inc. (NYSE: WSM), the world's largest digital-first, design-led and sustainable home retailer, has released its 2023 Impact Report. The report highlights the company's progress towards its sustainability and social impact goals. Key achievements include:

- Reduction of greenhouse gas emissions through increased use of renewable energy
- Adoption of innovative packaging solutions
- Continued investment in Fair Trade Premiums and worker wellbeing programs
- Waste diversion from landfills
- Launch of GreenRow, a new sustainability-focused home furnishings brand

CEO Laura Alber emphasized the company's commitment to innovation and continuous improvement in sustainability efforts, aiming to positively impact the planet while driving sustainable growth.

Positive

• Reduction of greenhouse gas emissions across the value chain
• Expanded use of renewable energy, including green power and solar power
• Adoption of innovative packaging solutions
• Continued investment in Fair Trade Premiums and worker wellbeing programs
• Diversion of waste from landfills
• Launch of GreenRow, a new sustainability-focused home furnishings brand

Negative

• None.

Annual Report Highlights Company’s Industry-Leading Sustainability Commitments and Social Impact Goals

SAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma, Inc. (NYSE: WSM), the world’s largest digital-first, design-led and sustainable home retailer, announced today that the company has published its 2023 Impact Report. The annual report highlights Williams-Sonoma, Inc.’s progress towards the company’s industry-leading sustainability and social impact goals.

Williams-Sonoma, Inc. Publishes 2023 Impact Report (Photo: Williams-Sonoma)

In 2023, Williams-Sonoma, Inc. focused on operational efficiencies and the adoption of innovative solutions to drive progress towards the company’s sustainability goals. The company also launched GreenRow, a new sustainability-focused home furnishings brand and strengthened commitments to worker wellbeing programs that positively impact communities around the world where Williams-Sonoma, Inc. business is conducted.

“The progress we have made towards our sustainability goals reflects our company’s on-going commitment to innovation and continuous improvement,” said Laura Alber, President and CEO of Williams-Sonoma, Inc. “We continue to evaluate and execute on opportunities across all aspects of our business that allow us to have a positive impact on our planet and drive sustainable growth.”

Additional highlights from the 2023 Williams-Sonoma, Inc. Impact Report include:

• Reduction of greenhouse gas emissions across the company’s value chain driven by the adoption of renewable energy, including expanded use of green power and solar power.
• Adoption of innovative packaging solutions and the reduction of unnecessary packaging.
• Continued investment in Fair Trade Premiums, Nest Certified Ethically Handcrafted products, and other worker wellbeing programs.
• Diversion of waste from landfills.

For more information on Williams-Sonoma, Inc.’s sustainability efforts and to view the 2023 Impact Report, please visit: http://sustainability.williams-sonomainc.com.

ABOUT WILLIAMS-SONOMA, INC.

Williams-Sonoma, Inc. is the world’s largest digital-first, design-led and sustainable home retailer. The company’s products, representing distinct merchandise strategies — Williams Sonoma, Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, West Elm, Williams Sonoma Home, Rejuvenation, Mark and Graham, and GreenRow — are marketed through e-commerce websites, direct-mail catalogs and retail stores. These brands are also part of The Key Rewards, our loyalty and credit card program that offers members exclusive benefits across the Williams-Sonoma family of brands. We operate in the U.S., Puerto Rico, Canada, Australia and the United Kingdom, offer international shipping to customers worldwide, and have unaffiliated franchisees that operate stores in the Middle East, the Philippines, Mexico, South Korea and India, as well as e-commerce websites in certain locations. We are also proud to be a leader in our industry with our sustainability efforts. Our company is Good By Design — we’ve deeply ingrained sustainability into our business. From our factories to your home, we’re united in a shared purpose to care for our people and our planet.

For more information on our sustainability efforts, please visit: http://sustainability.williams-sonomainc.com

WSM-PR

View source version on businesswire.com: https://www.businesswire.com/news/home/20240730783556/en/

Kendall Coleman

Williams-Sonoma, Inc.

kacoleman@wsgc.com

415-616-7926

Source: Williams-Sonoma, Inc.

FAQ

What sustainability goals did Williams-Sonoma (WSM) highlight in its 2023 Impact Report?

Williams-Sonoma's 2023 Impact Report highlighted goals including reducing greenhouse gas emissions, adopting innovative packaging solutions, investing in worker wellbeing programs, and diverting waste from landfills.

How is Williams-Sonoma (WSM) reducing its greenhouse gas emissions?

Williams-Sonoma is reducing greenhouse gas emissions by adopting renewable energy, including expanded use of green power and solar power across its value chain.

What new brand did Williams-Sonoma (WSM) launch in 2023 focused on sustainability?

In 2023, Williams-Sonoma launched GreenRow, a new sustainability-focused home furnishings brand.

How is Williams-Sonoma (WSM) supporting worker wellbeing in its supply chain?

Williams-Sonoma is supporting worker wellbeing through continued investment in Fair Trade Premiums, Nest Certified Ethically Handcrafted products, and other worker wellbeing programs.