LEXINGTON, Ky., Jan. 10,
2024 /PRNewswire/ -- Tempur Sealy International,
Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today issued its
2024 Corporate Social Values Report.
Tempur Sealy Chairman and CEO Scott
Thompson said, "We are pleased to share our annual Corporate
Social Values Report as it highlights our steadfast commitment to
protect and improve our communities and the environment. While
there are many updates in this report, our most important beliefs
remain the same, including our core value of Doing The Right Thing.
We know that when we invest in a socially responsible and
sustainable future for our organization and our world, we
strengthen and fortify our business. Our Board of Directors and
executive management team believe that our focus on ESG initiatives
unlocks shareholder value and contributes to our long-term
growth."
The Company's progress on its ESG initiatives in the twelve
months ended September 30, 2023
includes the following highlights:
Environment
- Achieved zero waste to landfill status at our Canadian and
Mexican manufacturing operations and maintained our zero waste to
landfill status at our U.S. and European manufacturing
operations
- Achieved zero waste to landfill at 75% of our corporate offices
and R&D labs, in line with our goal to achieve zero landfill
waste at our corporate offices and R&D labs by 2025
- Progressed towards our goal of achieving carbon neutrality by
2040 through reducing greenhouse gas emissions at our wholly owned
manufacturing and logistics operations by 4%* compared to the prior
year
- Summarized and published our approach to comprehensive chemical
supply management in a Chemical Safety Policy
Purpose
- Continued to bring industry-leading innovation to market that
provides consumers with access to higher quality sleep at a variety
of price points, including the new U.S. product launches
of TEMPUR-Breeze®, TEMPUR-Ergo® Smart Base, and Stearns &
Foster, and the new international launches of TEMPUR® products
- Contributed over $800,000 through
the Tempur Sealy Foundation and donated more than 12,100
mattresses worth approximately $16.9
million, bringing our ten-year donation total to over
$100 million
People
- Increased transparency and expanded disclosures around Employee
Health & Safety, Ethics Line, and Employee Satisfaction &
Engagement
- Embedded ESG performance as a factor in executive
leadership's 2023 compensation program
To view the full 2024 Corporate Social Values Report and the new
Chemical Safety Policy, please refer to the Tempur Sealy Investor
website, http://investor.tempursealy.com/.
*This excludes the impact of new facilities opened in the
twelve-month period ended September 30,
2023. Including the impact of new facilities, we reduced
greenhouse gas emissions at our wholly owned manufacturing and
logistics operation by 1% compared to the prior year.
Forward-Looking Statements
This press release contains statements that may be characterized
as "forward-looking," within the meaning of the federal securities
laws. Such statements might include information concerning one or
more of the Company's plans, guidance, objectives, goals,
strategies, and other information that is not historical
information. When used in this release, the words "goal,"
"commitment," "plans," "intends," and variations of such words or
similar expressions are intended to identify forward-looking
statements. These forward-looking statements include, without
limitation, statements relating to the Company's expectations
regarding its sustainability initiatives. Any forward-looking
statements contained herein are based upon current expectations and
beliefs and various assumptions. There can be no assurance that the
Company will realize these expectations or that these beliefs will
prove correct.
About the Company
Tempur Sealy is committed to improving the sleep of more people,
every night, all around the world. As a leading designer,
manufacturer, distributor, and retailer of bedding products
worldwide, we know how crucial a good night of sleep is to overall
health and wellness. Utilizing over a century of knowledge and
industry-leading innovation, we deliver award-winning products that
provide breakthrough sleep solutions to consumers in over 100
countries.
Our highly recognized brands include Tempur-Pedic®, Sealy® and
Stearns & Foster® and our popular non-branded offerings consist
of value-focused private label and OEM products. At Tempur Sealy we
understand the importance of meeting our customers wherever and
however they want to shop and have developed a powerful
omni-channel retail strategy. Our products allow for complementary
merchandising strategies and are sold through third-party
retailers, our 700+ Company-owned stores worldwide and our
e-commerce channels. With the range of our offerings and variety of
purchasing options, we are dedicated to continuing to turn our
mission to improve the sleep of more people, every night, all
around the world into a reality.
Importantly, we are committed to carrying out our global
responsibility to protect the environment and the communities in
which we operate. As part of that commitment, we have established
the goal of achieving carbon neutrality for our global wholly owned
operations by 2040.
Investor Relations Contact
Aubrey Moore
Investor Relations
Tempur Sealy
International,
Inc.
800-805-3635
Investor.relations@tempursealy.com
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SOURCE Tempur Sealy International, Inc.