Preserving Our Heritage, Transforming for Tomorrow
Key Highlights
Company Profile
355 La-Z-boy Furniture Galleries® stores
187 owned; 168 independently operated
14 distribution centers in the U.S.
*As of April 30, 2024
10 000
employees (approximately)
2 000+
supply chain partners
$2B
annual revenues
Key Highlights
Company Profile
Manufacturing Facilities
355 La-Z-boy Furniture Galleries® stores
187 owned; 168 independently operated
14 distribution centers in the U.S.
*As of April 30, 2024
$3M*
donated by La-Z-boy
Incorporated + Foundation
75%
of North America electricity consumption covered by renewable energy
96%
of wood sustainably sourced
42%
reduction in transportation miles for North American product deliveries
96%
recycle rate for non-hazardous waste
100%
of North American produced products are UL GREENGUARD® certified
Key Highlights
Fiscal Year 2024 Sustainability Spotlight
*Approximate contribution amount from La-Z-boy Incorporated fiscal year 2024 and La-Z-boy Foundation calendar year 2023 combined donations
$3M*
donated by La-Z-boy
Incorporated + Foundation
75%
of North America electricity consumption covered by renewable energy
96%
of wood sustainably sourced
42%
reduction in transportation miles for North American product deliveries
96%
recycle rate for non-hazardous waste
100%
of North American produced products are UL GREENGUARD® certified
Key Highlights
Fiscal Year 2024 Sustainability Spotlight
*Approximate contribution amount from La-Z-boy Incorporated fiscal year 2024 and La-Z-boy Foundation calendar year 2023 combined donations
Key Principles
Human-centered approach
Placing compassion for people and
communities at the heart of our service
Sustainable & agile supply chain
Ensuring necessary materials and services
availability while upholding environmental
and social standards
Lean manufacturing
Production aimed at maximizing yield, minimizing waste, and optimizing efficiencies
Our overall business strategy aims to elevate brand reach, strengthen enterprise capabilities, and drive profitable, sustainable growth.
Key Principles
Human-centered approach
Placing compassion for people and
communities at the heart of our service
Sustainable
& agile supply chain
Ensuring necessary materials and services
availability while upholding environmental
and social standards
Lean manufacturing
Production aimed at maximizing yield, minimizing waste, and optimizing efficiencies
Awards & Recognition
Awards
& Recognition
High Score on the Wood Furniture Scorecard
Top 10 Places to Work in Furniture
Corporate Culture of Safety
Energy Consumption
& Greenhouse Gas (GHG) Emissions
Energy Consumption
& Greenhouse Gas (GHG) Emissions
Energy mix profile for fiscal year 2024
64%
Fiscal Year 2024 GHG Emissions
Science Based Emissions Targets
Our GHG emissions targets are validated by the Science Based Targets initiative (SBTi).
Our commitments are for absolute emissions reductions to be achieved by fiscal year 2032 compared to a fiscal year 2022 baseline.
Science Based Emissions Targets
Our GHG emissions targets are validated by the Science Based Targets initiative (SBTi).
62%
reduction in scope 1 emissions
62%
reduction in scope 2 emissions
51%
reduction in scope 3 emissions
Performance oversight
Advancing environmental, social and governance initiatives from Board-level oversight, Executive Leadership Team, and Sustainability Team
Enterprise risk management
Conducting TCFD-aligned assessments to evaluate our exposure to climate-related risks and help guide resilience initiatives
Guiding policies
Adhering to a robust set of policies to uphold the highest ethical standards and promote excellence across operations
Sustainability Governance & Policies
Performance oversight
Advancing environmental, social and governance initiatives from Board-level oversight, Executive Leadership Team, and Sustainability Team
Enterprise risk management
Conducting TCFD-aligned assessments to evaluate our exposure to climate-related risks and help guide resilience initiatives
Guiding policies
Adhering to a robust set of policies to uphold the highest ethical standards and promote excellence across operations
Sustainability Governance & Policies
Social Compliance Supplier Manual
Responsible Wood Sourcing Policy
