Wayfair, the ultimate destination for all home needs, has unveiled its third-annual Corporate Responsibility Report, highlighting its strides in sustainability, social impact, and diversity, equity, and inclusion throughout 2023. Dubbed “Bringing Impact Home,” this year’s report demonstrates Wayfair’s commitment to data-driven decision-making, referencing the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB) frameworks for the second consecutive year.
Accompanying the report is Wayfair’s pledge to achieve zero waste across its global operations by 2030. This ambitious objective aims to divert over 90 percent of the company’s operational waste from landfills and incineration. Complementing its goal of reducing Scope 1 and 2 emissions by 63 percent by 2035, the zero waste initiative underscores Wayfair’s dedication to fostering climate action and implementing effective waste management strategies.
Kate Gulliver, Chief Financial Officer and Chief Administrative Officer at Wayfair, expressed pride in this year’s Corporate Responsibility Report, emphasizing the company’s commitment to supporting communities, employees, and environmental stewardship. Gulliver reiterated Wayfair’s ongoing dedication to these vital areas and welcomed the addition of the zero waste goal as a key milestone.
Key highlights from the report include:
- Launching the Wayfair Neighborhood Fund with an initial $1 million donation, channeling grants to organizations aiding individuals experiencing homelessness and bolstering local neighborhoods.
- Wayfair volunteers contributing to 25 Habitat for Humanity builds, assisting in the construction of new homes for those in need.
- Doubling the number of Black-owned suppliers on the Wayfair platform and increasing business through the Celebrate Black Makers program in 2023.
- Over 4,000 Wayfair employees participating in Employee Resource Groups or Affinity Groups, fostering camaraderie and celebrating shared cultures.
- Doubling the number of third-party certified products in Wayfair’s Shop Sustainability program to exceed 33,000 items.
- Committing to covering 66.5 percent of Wayfair’s electricity consumption in North America through contracted energy offtake from its involvement in the Liberty Solar virtual power purchase agreement (VPPA).
For further insights into Wayfair’s zero waste initiative and corporate responsibility achievements, the full report is available for reference.
