For the third consecutive year since its publication began in 2018, Williams-Sonoma, Inc. ranked among Barron’s 100 Most Sustainable U.S. Companies. This year stood out not only for our continued recognition as an industry leader in sustainability—we also earned a spot among the Top 25 stock market performers, generating long-term value from our environmental, social and governance (ESG) initiatives.
“In our third annual ranking of companies with the highest ESG scores, more than half of the firms are also top performers in the stock market.”Barron’s
Our sustainability strategies deliver value and ROI for our brands, company, customers and the communities where we work, while also mitigating risk and identifying new business opportunities. For example, the expansion of certified nontoxic bedding and furniture across our Pottery Barn Kids brand contributed to a 7.9% comp in the fourth quarter of 2019. Within our operations, our efforts to reach 75% landfill diversion by 2021 have saved millions of dollars in recycling rebates. As we face unprecedented shifts in global climates and economies, sustainability is vital to driving long-term growth and resilience.
“We will continue to build sustainability into every corner of our company, so our continued financial success will enhance the lives of our many stakeholders, the communities where we have a business presence and the natural environment upon which we all rely.”Laura Alber, CEO, Q4 2019 Earnings Call
Sound environmental practices can lower costs, improve health and provide customers with the quality, safety and sustainability they demand. As we meet ambitious ESG goals and set new ones, we’re going beyond our own operations to help customers and suppliers become more sustainable. Our customers values are ours, and they drive change whenever they purchase responsible products. We move forward hand-in-hand with them, putting people and planet first.
Image: West Elm Work