Wayfair Outlines Corporate Responsibility Progress

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by KnowESG
KnowESG_Wayfair corporate responsibility report 2022
Image courtesy of Freepik

Wayfair has released its second Corporate Responsibility Report, as the online retail giant shares and celebrates the progress it has made across its key areas of impact in 2022.

"We're committed to making a positive difference in our communities, our workplace, and our planet," says Nathan Barr, head of corporate affairs. "Wayfair's focus on home extends to our social impact work to fight homelessness, and we're using the power of our platform business model to empower customers to make sustainable choices when shopping with us. We're also focused on running the business responsibly and transparently and have gone further in our reporting this year, referencing GRI and SASB frameworks for the first time."

The report includes the company's efforts in diversity, equity, and inclusion (DEI) to provide a summary of its progress all in one place.

Key highlights include: listing over 15,000 third-party certified products to customers via the Shop Sustainably offering on-site; launching the Wayfair Emergency Relief Fund and supporting more than 90 employees going through personal hardship or impacted by natural disasters; earning a 100% rating and the designation of being a 2022 Best Place to Work for LGBTQ+ Equality from the Human Rights Campaign; and contracted to participate in an aggregated virtual power purchase agreement (VPPA) that is expected to generate enough renewable energy to power more than 3500 average US homes each year.

To learn more about Wayfair's goals and corporate responsibility performance in 2022, read the full report here.

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