Hooker Furnishings Releases 2023 Company Social Duty Report

Hooker Furnishings has launched its third annual Company Social Duty (CSR) Report.

The 55-page doc outlines the corporate’s progress towards advancing its many Environmental, Social and Governance (ESG) aims together with a number of key areas of focus: local weather and vitality, variety, fairness and inclusion, well being and security and company citizenship. With an enhanced give attention to KPIs, the report takes a deeper have a look at the corporate’s present state, identifies areas of enchancment in addition to outlines key objectives for 2024 and past.

“2022 was a transformative 12 months for Hooker Furnishings,” stated Jeremy Hoff, chief govt officer. “Our crew has laid the muse for driving organizational change by creating processes, metrics, and reporting strategies that present us with higher visibility of our progress, whereas permitting us to construct on areas of success and determine enhancements. As we head into our a centesimal 12 months in 2024, I’m pleased with our crew’s progress and, extra importantly, the promising path forward.”

Key highlights from the report embrace:

• The corporate now makes use of vitality from renewable sources at three of its main services, leading to a 40 p.c discount in the usage of carbon-based vitality yearly. Hooker Furnishings plans to increase this program to all services and additional scale back its carbon footprint transferring ahead.

• All Hooker Furnishings manufacturers, aside from its newly acquired Sundown West model, at the moment are EFEC licensed (Enhancing Furnishings’s Environmental Tradition.) The corporate plans to hunt certification for Sundown West in 2024.

• Hooker Furnishings expanded its ongoing assist of the Arbor Day Basis with the latest launch of its new fashionable way of life furnishings model, M. For each piece of furnishings bought inside the model, M will plant one tree in partnership with the Arbor Day Basis to assist restoration tasks situated all through central Georgia.

• From a variety, fairness, and inclusion perspective, the corporate will challenge its first DEI annual report this 12 months in addition to host its first worker “listening session,” moderated by its DEI accomplice, The Variety Motion. The listening session goals to uncover gaps inside the group and assist achieve actionable insights to information its general DEI technique.

• The corporate donated $1.5 million of money, in-kind donations, and numerous volunteer hours to the charities necessary to its workers in 2022 in an ongoing effort to assist the communities wherein its workers dwell and work.

“As an organization, we attempt to combine moral, environmental, and social issues into all the things we do,” stated Anne Smith, Chief Administrative Officer, President of Home Upholstery, and an govt sponsor of the CARE committee. “By weaving these aims into our firm’s day-to-day actions, they permeate deeper into our company tradition, permitting us to make even better progress towards our continued ESG journey.”

The CSR Report is compiled and disseminated yearly by the Hooker Furnishings CARE (Neighborhood Motion & Duty for our Setting) Committee. Based in 2021 with the aim of addressing the matters of environmental stewardship, social duty, ethics and governance at a company stage, CARE is a cross-functional, cross-company crew that encompasses people from all divisions and ranges of the group, together with the C-Suite. Members of the committee are tasked with figuring out gaps and subsequently formulating options to points underneath the umbrella of Hooker Furnishings’ ESG efficiency. By seeing these tasks by way of to fruition, CARE strives to constantly enhance upon the corporate’s standing as a very good company citizen, serving the surroundings and the native communities wherein workers dwell and work.

Entry Hooker Furnishings’ 2023 Company Social Duty Report on the Hooker Furnishings web site, right here:  https://www.hookerfurnishings.com/css/30109/pdf/2023-CSR-Report-FINAL-5-9-23.pdf.

About Hooker Furnishings

 Headquartered in Martinsville, VA, Hooker Furnishings is ranked among the many nation’s largest publicly traded furnishings sources and encompasses 12 working companies. These manufacturers embrace: Hooker Furnishings, Bradington-Younger, HF Customized, Shenandoah Furnishings, H Contract, M, Pulaski Furnishings, Samuel Lawrence Furnishings, Prime Useful resource Worldwide, Samuel Lawrence Hospitality, and Sundown West.  Hooker Furnishings Company’s company places of work and fabric manufacturing services are situated all through Virginia and North Carolina, and the corporate has showrooms in Excessive Level, North Carolina, Las Vegas, Nevada, and Ho Chi Minh Metropolis, Vietnam. Hooker Furnishings operates distribution facilities in the US, China, and Vietnam. The corporate’s inventory is listed on the Nasdaq International Choose Market underneath the image HOFT.