"Our Work Toward Better Futures" Impact Report
outlines goals and progress that demonstrate the organization's
commitment to improving the wellbeing of people and the
planet.
GRAND
RAPIDS, Mich., Sept. 23,
2024 /PRNewswire/ -- Steelcase (NYSE: SCS), a
global design, research and thought leader in the world of work,
today announces the release of its 2024 Impact Report, "Our Work
Toward Better Futures." The report shares recent goals and progress
to build community and belonging in the workplace, as well as the
company's new commitment to reduce carbon emissions to net zero by
2050.
"This report reflects our commitment to the wellbeing of people
and the planet. It shares data about our progress toward our goals
and it also represents all the hard work our employees do to create
better futures," said Kim Dabbs,
Steelcase vice president of Impact. "We are proud of the
cross-functional collaboration that reflects the collective action
needed to make a difference in the world we share."
Better Futures for People
Steelcase is working toward
building community and belonging so that all people feel seen,
heard and valued. The company is focused on helping communities
thrive, fostering inclusion and acting with integrity. Progress
includes:
- Hosting the first annual "Better Is Possible" Design Challenge,
bringing together employees, dealers and community members in 11
cities around the world to consider bold ideas for climate
action.
- Contributing more than $9.9M in
charitable giving, including employee donations, employee matching
gifts, and grants from the Steelcase Foundation, a separate 501c3
organization
- Volunteering more than 62,270 hours since 2021, moving toward
the goal of 100,000 hours by 2030.
- Growing the number of employee Business Inclusion Groups to 12.
These employee-led groups play a critical role in creating cultures
that foster inclusion.
- Building the Steelcase inclusive design practice by
collaborating with global partners.
Steelcase has been recognized for its leadership in improving
the wellbeing of people. The organization was named one of
America's 50 Most Community-Minded Companies by Points of Light, a
Best Employer for Diversity by Forbes and an MVAA Silver-Level
Veteran-Friendly Employer and more.
Better Futures for the Planet
Steelcase is working
toward a better future for the planet by reducing its carbon
footprint, designing for circularity, and choosing and using
materials responsibly.
Earlier this year, Steelcase announced its commitment to a
net-zero future. The company's plan is to reduce carbon
emissions over 90%* throughout its entire value chain by 2050. The
organization became the first in its industry to publish a net-zero
transition plan, The Power of Possibility: A Net Zero Future Needs
Us All, which describes how the company plans to reach its goal of
net-zero emissions. Additional progress includes:
- Being on track to reach its goal of reducing carbon emissions
in its operations 50% by 2030*. Over four years, Steelcase has
already achieved a 30% carbon emissions reduction in its
operations.
- Partnering with suppliers to set their own science-based carbon
emissions reduction targets, thereby leading the industry through
supplier engagement.
- Expanding the breadth and regional availability of products
with CarbonNeutral® product certification, which helps
customers offset carbon emissions for the entire lifecycle of a
product.
- Piloting new ways to package, ship and deliver products. The
company now averages 40% recycled content in all Steelcase® brand
product packaging, which builds on efforts to phase out single-use
plastics and increase recycled content.
- Leading the industry in the number of BIFMA LEVEL® certified
products, a rigorous sustainability standard.
Read the 2024 Impact Report and learn more about the
organization's work at Steelcase.com/People-Planet.
*Reductions are measured from a FY2020 base year.
About Steelcase
Established in 1912, Steelcase is a global design, research and
thought leader in the world of work. We help people do their best
work by creating places that work better. Along with more than 30
creative and technology partner brands, we design and manufacture
furnishings and solutions for the many places where work happens —
including learning, health and work from home. Our solutions come
to life through our community of expert Steelcase dealers in
approximately 770 locations, as well as our online Steelcase store
and other retail partners. Founded in Grand Rapids, Michigan, Steelcase is a
publicly traded company with fiscal year 2024 revenue of
$3.2 billion. With approximately
11,300 global employees and our dealer community, we come together
for people and the planet — using our business to help the world
work better.
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SOURCE Steelcase
