Month: May 2023

CooperCompanies (“Cooper”) (NYSE: COO) today released its 2022 Environmental, Social, and Governance (ESG) Report. It highlights the company’s progress on social and environmental issues most important to its businesses and stakeholders, including employees, shareholders, customers, and global communities.

In 2022, CooperCompanies manufactured a record number of products while reducing greenhouse gas (GHG) emissions by more than 7%. A big contributor to this success was the start of the operation of a combined heat and power (CHP) facility in Puerto Rico. The company expects the CHP system to help significantly reduce its carbon footprint in the coming years.

“At CooperCompanies, we are committed to working diligently to positively impact the world around us,” said Al White, President and CEO of CooperCompanies. “In 2022, we continued making great progress and we’re proud of the success we’ve had, and the direction in which we’re moving. Conducting business in a socially and environmentally responsible manner is important to our long-term business success, and to the future of our planet.”

The 2022 ESG Report includes expanded and updated ESG performance data and provides stories across the company’s ESG pillars: People, Planet, and Partnerships. The report is aligned with the Sustainability Accounting Standards Board (SASB) Standards, a leading framework that identifies important ESG issues most relevant to investors.

Key highlights from the report:

Environment8 facilities LEED® or BREEAM® certifiedPrevented the equivalent of more than 100 million plastic bottles from polluting the oceans through company’s focus on plastic neutrality1100% renewable electricity sourcing at all key facilities in New York and the UKSocial Women made up 49% of our global workforceScored 100% on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index$1.5 million raised to date for Optometry Giving Sight, providing eye exams for 300,000 peopleGovernance 50% Board gender diversityExecutive Leadership participation in ESG and a dedicated cross-functional ESG team; the Board of Directors oversees ESG topics

Read more in the Cooper 2022 ESG Report: https://coopercos.com/esg/.

About CooperCompanies

CooperCompanies (“Cooper”) is a global medical device company publicly traded on the NYSE (NYSE: COO). Cooper operates through two business units, CooperVision and CooperSurgical. CooperVision brings a refreshing perspective on vision care with a commitment to developing a wide range of high-quality products for contact lens wearers and providing focused practitioner support. CooperSurgical is committed to advancing the health of women, babies, and families with its diversified portfolio of products and services focusing on medical devices and fertility and genomics. Headquartered in San Ramon, CA, Cooper has a workforce of more than 14,000 with products sold in over 100 countries. For more information, please visit www.coopercos.com.

1 Net plastic neutrality is established by purchasing credits from Plastic Bank. A credit represents the collection and conversion of one kilogram (kg) of plastic that may reach or be destined for waterway. CooperVision purchases credits equal to the weight of plastic in participating brand orders in a specified time period. Plastic in participating brand plastic is determined by the weight of plastic in the blister, the lens, and the secondary package, including laminates, adhesives, and auxiliary inputs (e.g., ink). For calculation purposes, Plastic Bank uses 1 kg of plastic to equal 50 bottles.

Media Contact:
Kim Duncan
CooperCompanies

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Tell us about Bath & Body Works’ first ESG Report. 

Our first-ever Environmental, Social and Governance (ESG) Report marks an especially exciting milestone as we transparently share our progress and approach with our stakeholders. Now more than ever, putting ESG at the center of how we work will be crucial in meeting our business goals. Within our report, we’re proud to announce our new near- and longer-term ESG commitments to guide us on this journey and make sure that what we do counts.

What role does ESG play in the future of Bath & Body Works? 

Bath & Body Works has gone through a tremendous amount of change over the past few years. We became our own independent, publicly traded company. We navigated a pandemic and are adjusting to our new post-pandemic norm. We’ve welcomed new leadership with a refreshed vision for the company’s future. Yet, amid all this transition, our purpose remains steadfast: to make the world a brighter, happier place through the power of fragrance. Our customers still guide every decision we make. That’s why we’re committed to not only bringing them the products and experiences they love but doing so in a way that leads to a resilient and responsible future.

What is one key observation you have made since joining Bath & Body Works as it relates to ESG? 

I’ve been focused on listening and learning from all areas of the business and have had the privilege of meeting many of our talented and dedicated associates in our stores, distribution and fulfillment centers and home offices. Through these conversations, I’ve seen firsthand how our unique culture and strong values are driving our company’s success. By building a culture of belonging and one that supports and encourages growth, we’re creating meaningful opportunities for our associates to reach their full potential. I’m proud that Diversity, Equity and Inclusion (DEI) are longtime Bath & Body Works values and that this company understands by investing in DEI, we will be stronger and smarter.

What do your ESG priorities include? 

As part of our ESG journey, we’re going to do more for all the people that touch our business, working to increase ethnic and racial diversity among our leadership, supporting diverse suppliers and ensuring our workplaces set our associates up for success. We’re also going to do more for the planet that provides the ingredients for our fragrances and products. Our plans to lower our environmental impact include activities like reducing Scope 1 and 2 emissions 50% and shifting our packaging to be 100% reusable, recyclable or compostable by 2030, all requiring collaboration across our business — from initial product design to final delivery of products to our customers.

What’s next for ESG at Bath & Body Works? 

Our dedicated teams are already accelerating these sustainability initiatives and people-focused efforts across every area of our business. I’m incredibly energized by the progress we’ve made so far, and even more excited about the near- and long-term impact we’ll continue to have through the plans outlined in this ESG report.

To read Bath & Body Works’ ESG report visit bbwinc.com.

Tidewater Equipment, a CASE Construction Equipment dealer in the Southeastern United States, has donated equipment and support for Team Rubicon’s recent tornado disaster response and recovery efforts in Selma, Alabama.

In January, multiple tornadoes hit the Southeastern United States. One of which was a category F3 tornado that touched down in Selma, Alabama — a city that was still recovering from 2020’s Hurricane Zeta, and the tornadoes of 2021. The storm hit the city hard, leaving vehicles overturned in the streets, homes destroyed, and lives lost. Team Rubicon, a veteran-led volunteer humanitarian organization, having already deployed to Selma in recent years on a multi-year rebuilding program, knew that it was time for action.

Tidewater Equipment provided three CASE TV370 compact track loaders, equipped with buckets and root grapple attachments to help Team Rubicon with the intense cleanup operation. The machines ensured that Team Rubicon had the support needed to complete their mission.

“As a company with locations and customers throughout the Southeastern United States, we understand the realities that catastrophic weather can bring,” said Kevin Pittman, Manager of Construction Equipment and Equipment Rental Divisions at Tidewater Equipment. “We recognize the noble work of Team Rubicon and the relief they bring to help rebuild communities when disaster strikes. Tidewater Equipment was honored to provide machines to make their tough work just a little bit easier.”

Tidewater Equipment has been a trusted equipment dealer for over 70 years, with a commitment to providing quality equipment and service to their customers. The company’s newest location in Enterprise, Alabama donated the equipment for this Team Rubicon operation and to support their local community.

“Our partnership with CASE allows us to provide the best equipment to our customers, and to those in need during disaster relief efforts. We appreciate the opportunity to support Team Rubicon and their efforts to rebuild communities impacted by this terrible storm system,” said Pittman.

CNH Industrial brand CASE also appreciates Tidewater Equipment’s partnership and the support they have given to help provide equipment to disaster relief efforts during hurricane season. With the recent extreme weather and tornadoes that have impacted the region, it is vital to have strong partnerships like the one between Tidewater Equipment and CASE to help support those in need.

“Our dealers are critical partners in helping us provide equipment to those who need it most,” said Terry Dolan, Vice President, North America, CASE Construction Equipment. “We are proud to work with Team Rubicon, Tidewater Equipment and our other dealers to support disaster relief efforts and to provide the best equipment to help rebuild communities impacted by natural disasters.”

Team Rubicon serves global communities before, during, and after disasters and crises. Founded in 2010, the organization has deployed across the United States and around the world to provide immediate relief to vulnerable communities who have been impacted by hurricanes, tornadoes, COVID-19 and more.

CASE first partnered with Team Rubicon in 2015 to develop a heavy equipment training program for its volunteers for the safe and effective use of construction equipment in disaster operations. For more information on the partnership between CASE and Team Rubicon to support communities in response to natural disasters, visit CaseCE.com/TeamRubicon.