COPPELL, Texas--(BUSINESS WIRE)-- The Container Store Group, Inc (the “Company”), the leading specialty retailer of organizing solutions, custom spaces, and in-home services, today announced the release of its second annual Sustainability Report. The fiscal 2022 report details the Company’s Environmental, Social, and Governance (“ESG”) continued strategic progress, which focuses on empowering its people, operating in an environmentally responsible manner, and delivering sustainable value to its customers, communities, employees, suppliers, and shareholders.
“It is encouraging to see the progress we have made against our ESG strategy, which directly supports our growth as a business, and enables us to meet the needs and demands of our customers and valued stakeholders,” said Satish Malhotra, Chief Executive Officer and President of The Container Store. “Our ESG commitments are guided by our seven Foundation Principles, which are core to our culture and propel our company toward a more sustainable future. Our fiscal 2022 report demonstrates how our integrated approach is advancing our broader goals as a sustainable business and benefiting all company stakeholders in significant ways.”
Highlights of progress and achievements from the past year include:
This year’s report demonstrates the Company’s progress against its top-ranked material topics, resulting from the formal materiality assessment it conducted in 2021. To further strengthen the Company’s commitment to ESG Integrity, in 2022, the Company launched a new data mapping process to ensure data credibility and process efficiency. It also partnered with third-party experts to build a customized data integrity program to manage data mapping and systems analysis and facilitate a formal internal controls assessment, which analyzes the Company’s internal controls and risk management processes.
To learn more about the company’s ESG commitments, or to download a copy of the 2022 Sustainability Report, please click here. The report aligns to leading sustainability frameworks and reporting standards including the Global Reporting Initiative, the Sustainability Reporting Standards Board, and the Task Force on Climate-Related Financial Disclosures.
About The Container Store
The Container Store Group, Inc. (NYSE: TCS) is the nation’s leading specialty retailer of organizing solutions, custom spaces, and in-home services – a concept they originated in 1978. Today, with locations nationwide, the retailer offers more than 10,000 products designed to transform lives through the power of organization.
Visit www.containerstore.com for more information about products, store locations, services offered and real-life inspiration.
Follow The Container Store on Facebook, Twitter, Instagram, TikTok, YouTube, Pinterest and LinkedIn.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230620800694/en/
Investors: ICR, Inc.Farah Soi/Caitlin Churchill, 203-682-8200 Farah.Soi@icrinc.com Caitlin.Churchill@icrinc.com
Media: The Container Store Group, Inc.Katelyn Clinton, 972-538-6000 publicrelations@containerstore.com
Source: The Container Store Group, Inc.