Hudson, Ohio — JOANN Inc., the nation’s category leader in sewing and fabrics with one of the largest arts and crafts offerings, has released a report outlining the company’s Corporate Responsibility results for fiscal year 2023. The report highlights the company’s impact across its EVERGREEN Strategic Pillars:
• Creating an environment where all team members can be their authentic selves and contribute at the highest level;
• Minimizing carbon footprint by taking action throughout JOANN and supplier operations;
• Powering reusability with customers to tie environmental responsibility to a greater purpose; and
• Appealing to, inspiring and supporting diverse customer base and communities.
“The mission of our EVERGREEN Strategy is to work every day to be a better corporate citizen than we were the day before,” says Chris DiTullio, chief customer officer and interim office of the CEO. “The strategy outlined in this report builds on our goal of continuously supporting and celebrating those who give back and inspire others to use their hands, hearts and minds for the good of other people, our planet and our communities.”
When it comes to the environmental pillar, some highlights from the report include:
• Efforts across the company are helping JOANN move toward more sustainable processes and solutions, including working with EcoEnergy Insights to implement energy efficiency improvements across retail stores that led to an estimated savings of over 50 million kWh of energy over the last 4 years. This earned JOANN recognition as a Top Project at the Environment + Energy Leader’s 2023 Awards.
• Additionally, product packaging changes resulted in a 15% reduction year-over-year in overall packaging ordered in FY23.
• JOANN also has conducted an Issue Prioritization Process, which culminated in three major projects:
1. A climate risk assessment, which references the Taskforce on Climate-related Financial Disclosures framework;
2. A materiality assessment, which supports ongoing reporting with reference to the Global Reporting Standard; and
3. JOANN’s first evaluation of Scope 3 GHG emissions.
The combination of these efforts resulted in an enhanced approach to ESG oversight and governance, a better understanding of JOANN’s climate and social impact, and a clearer sense of where it should focus its EVERGREEN Strategy as it works to become a better corporate citizen.
Download the full Impact Report at https://investors.joann.com/corporate-responsibility.
Starting as a single storefront in Cleveland, Ohio, 80 years ago, JOANN has grown to include 830 stores across 49 states.
SOURCE: JOANN