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From Home Furnishing Business

The Ashley Companies Release 5th Annual Corporate Social Responsibility Report

The Ashley companies ("Ashley") today released their fifth annual Corporate Social Responsibility Report. The comprehensive report showcases the company's commitment to environmental stewardship, community engagement and social impact across its global operations throughout 2024.

"Our commitment to enriching communities goes far beyond furniture - it's about creating lasting positive change where our employees live and work," said Todd Wanek, President and CEO of Ashley Furniture Industries. "From supporting medical research breakthroughs to empowering the next generation through education, our initiatives reflect our deep-rooted belief that business success and community well-being go hand in hand. While we're proud to be an industry leader, we're even prouder of the meaningful impact we continue to make in communities across the globe."

The Ashley companies, including Ashley Furniture Industries - the world's largest manufacturer of home furnishings; Ashley Global Retail – the largest furniture store brand in North America; and Ashley Distribution Services - the industry's largest motor carrier, continue to make significant strides in these key areas:

Employee Involvement: As a family-oriented organization, Ashley fosters numerous opportunities for employee engagement and facilitating employee-led charitable giving.

— Nearly $144,000 raised through employee contributions to non-profit organizations nationwide.

Community Impact: The company maintains strong partnerships with non-profit organizations, leading initiatives that support military personnel and first responders, assist children in need, advance medical research and invest in educational opportunities for future generations.

— More than $750,000 raised through Ashley for the Arts, supporting 70+ non-profit organizations.

— Over 30,000 children were impacted by the efforts of Hope to Dream ®, Ashley's Angels and STEM education partnerships combined.

— Donation of over 42,000 wreaths to 40 different cemeteries through Wreaths Across America partnership.

Environmental Stewardship: Ashley demonstrates environmental stewardship through comprehensive programs focused on energy usage reduction, renewable energy, innovative waste management and recycling initiatives and resource preservation.

— Solar panel installations projected to generate 25 million kilowatt-hours annually.
— Recycled nearly 110,000 tons of materials including wood, cardboard and poly-foam.
— Donated 250 trees to communities in Wisconsin.

The report reflects Ashley's massively transformative purpose: "To inspire the love of home and enrich the lives of those around us by being the most innovative and competitive furniture company on the planet."

Read the full CSR report to learn how Ashley is making an impact: https://www.ashleyfurniture.com/about-us/corporate-social-responsibility/report/



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