Daily News
From Home Furnishing Business
Wayfair Releases Corporate Responsibility Report
June 14,
2023 by HFBusiness Staff in Business Strategy, Industry 
Wayfair released its second Corporate Responsibility Report, as the company shares and celebrates the progress 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," said 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 in a responsible and transparent way 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.
Some of the key highlights include:
~ Listed over 15,000 third-party certified products to customers via the "Shop Sustainably" offering on site.
~ Launched the Wayfair Emergency Relief Fund and supported more than 90 Wayfair employees going through a personal hardship or impacted by a natural disaster.
~ Earned a 100% rating and the designation of being a 2022 "Best Place to Work for LGBTQ+ Equality" from the Human Rights Campaign, reflecting the company's continuing commitment to the LGBTQIA+ community.
~ Contracted to participate in an aggregated virtual power purchase agreement (VPPA) that is expected to generate enough renewable energy to power 3,500+ average U.S. homes per year.
To learn more about Wayfair's goals and corporate responsibility performance in 2022, read the full report here.