CooperCompanies Publishes Environmental, Social, and Governance (ESG) Report

CooperCompanies (“Cooper”) (Nasdaq: COO) released its 2023 Environmental, Social, and Governance (ESG) Report showcasing progress on enhancing the health and wellness of people around the world while protecting the planet and serving its communities.

CooperCompanies made significant investments in learning and development programs for global employees, maintained its commitment to protect the planet, and continued making its leading healthcare solutions more accessible in underserved communities,.

“We are most innovative when we leverage synergies across our ESG priorities,” said Al White, President and CEO of CooperCompanies. “We believe in the importance of sustainability and are pursuing a future in which everything we create mutually reinforces the wellbeing of people and planet.”

The 2023 ESG Report includes expanded and updated ESG performance data and highlights the Company’s efforts to drive positive change for people and the planet. The report is aligned with the Sustainability Accounting Standards Board (SASB) Standards, a leading framework that identifies important ESG topics most relevant to investors.

Key highlights from the report:

People + Planet

We enhance the health and wellness of people around the world, while doing our part to protect the planet and serve our communities.

Scored 100 on the Human Right Campaign’s 2023 Corporate Equality Index
Named to the Top 20 Global Inspiring Workplaces and the Top 10 North American Inspiring Workplaces
CooperVision Puerto Rico received the President’s Award for workplace safety
More than 2,000 employees participate in our employee resource groups
Women received 49% of management-level promotions and made up 49% of our global workforce
Launched our Generation Sight initiative to bridge myopia management access disparities among children in the U.S. and train the next generation of optometry care providers
In 2023, CooperVision sites in Puerto Rico and Costa Rica achieved LEED Gold certification; 8 of CooperCompanies’ facilities are LEED® or BREEAM® certified
Received our first Zero Waste Facility certification at our CooperVision Distribution and Packaging Center in West Henrietta, diverting more than 90% of waste from landfill
Prevented 6.9 kilograms of plastic waste from entering the ocean since the start of our partnership with Plastic Bank[1]
100% renewable electricity sourcing at all CooperVision facilities in New York and the United Kingdom

Governance

Adherence to high standards of ethics, compliance and accountability provides long-term value for our stakeholders.

Employee engagement is now a KPI for all executives
50% Board gender diversity
Launched the Speak Up awareness campaign, highlighting the responsibility of all employees to speak up if they observe or suspect misconduct
Three ESG organizational bodies, including our Executive Leadership, our ESG Team, and a dedicated ESG Cross-Functional Project Team; the Board of Directors oversees ESG

Read more in the Cooper 2023 ESG Report.

[1] Data from April 15, 2024. For calculation purposes, Plastic Bank uses the measurement of 50 bottles equating to 1kg (2.2 pounds) of plastic.