LEXINGTON, Ky., Jan. 10, 2022 /PRNewswire/ -- Tempur Sealy
International, Inc. (NYSE: TPX, "Tempur Sealy" or "Company") today
issued its 2022 Corporate Social Values Report. The Company made
significant progress on its ESG initiatives in 2021, including the
following highlights:
Environment
- Achieved an 8.4% reduction in greenhouse gas emissions per unit
produced at our wholly owned manufacturing and logistics operations
compared to the prior year, furthering our progress towards our
goal of achieving carbon neutrality by 2040
- Improved the percent of waste diverted from landfills from our
U.S. wholly owned manufacturing operations to 94% for the trailing
twelve months ended September 30,
2021, compared to 91% in 2020, furthering our progress
towards our goal of achieving zero landfill waste by the end of
2022
- Installed multi-million dollar solar panel technology at our
largest manufacturing site, located in Albuquerque, New Mexico, which is expected to
reduce the annual electric consumption purchased from public
utility by over 3 million kWh
Social
- The Tempur Sealy Foundation made its largest gift yet in the
form of $2 million to support the
establishment of the Tempur Sealy Pediatric Sleep Center at
Kentucky Children's Hospital
- Designed and developed Sealy Naturals, a responsibly-built
mattress line made with sustainable materials, that will launch in
the U.S. in 2022
- Developed accessible marketing material and shopping
experiences by implementing a bilingual marketing program and
reflecting our diverse consumer base in advertising campaigns
Governance
- The Nominating Corporate Governance Committee of our Board of
Directors established oversight of our practices and positions
relating to ESG issues
- Embedded ESG as a metric in executive leadership's compensation
for 2021
- Increased the ratio of women represented on our Board of
Directors by 50% to represent 33% of the Board's composition
Tempur Sealy Chairman and CEO Scott Thompson said,
"Our commitment to improving the sleep of more people, every night,
all around the world was especially rewarding, albeit challenging,
during this past year. In 2021, we experienced record demand for
our brands and products amid a challenging supply chain
environment. Despite the many changes and challenges that we
undertook in 2021, we remained steadfast in our commitment to
protecting our communities and the environment."
Thompson continued, "Our global organization continues to
embrace our ESG ideals through driving initiatives that further our
social values. We firmly believe that ESG initiatives create value
for our stakeholders and contribute to the financial success of our
business. We look forward to sharing updates on our future social
values progress with you."
To view the full 2022 Corporate Social Values Report,
please refer to the Tempur Sealy Investor
website, http://investor.tempursealy.com/.
Forward-Looking Statements
This press release contains statements that may be characterized
as "forward-looking," within the meaning of the federal securities
laws. Such statements might include information concerning one or
more of the Company's plans, guidance, objectives, goals,
strategies, and other information that is not historical
information. When used in this release, the words "commitment,"
"plans," "intends," and variations of such words or similar
expressions are intended to identify forward-looking statements.
These forward-looking statements include, without limitation,
statements relating to the Company's expectations regarding its
sustainability initiatives. Any forward-looking statements
contained herein are based upon current expectations and beliefs
and various assumptions. There can be no assurance that the Company
will realize these expectations or that these beliefs will prove
correct.
About the Company
Tempur Sealy is committed to improving the sleep of more people,
every night, all around the world. As a global leader in the
design, manufacture and distribution of bedding products, we know
how crucial a good night of sleep is to overall health and
wellness. Utilizing over a century of knowledge and
industry-leading innovation, we deliver award-winning products that
provide breakthrough sleep solutions to consumers in over 100
countries.
Our highly recognized brands include Tempur-Pedic, Sealy®
featuring Posturepedic® Technology, and Stearns & Foster® and
our non-branded offerings include value-focused private label and
OEM products. Our distinct brands allow for complementary
merchandising strategies and are sold through third-party
retailers, our Company-owned stores and e-commerce channels. This
omni-channel strategy ensures our products are offered where ever
and how ever customers want to shop.
Lastly, we accept our global responsibility to serve all
stakeholders, our community and environment. We have and are
implementing programs consistent with our responsibilities.
Investor Relations Contact
Aubrey Moore
Investor Relations
Tempur Sealy International, Inc.
800-805-3635
Investor.relations@tempursealy.com
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SOURCE Tempur Sealy International, Inc.