National Vision : 10.21.21 National Vision, Inc. Releases First Corporate Responsibility Report (PDF)
October 21, 2021 at 08:14 am EDT
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Duluth, Ga. (October 21, 2021) - National Vision, Inc., the nation's second largest optical retailer providing quality, affordable eye care and eyewear, today released its first Corporate Responsibility Report, A World Worth Seeing, as part of its ongoing efforts to increase transparency in its environmental, social and governance (ESG) activities.
"As a low cost healthcare provider to primarily uninsured Americans living on tight budgets, our business provides an inherent social good," said CEO Reade Fahs. "This report is National Vision's first attempt to lay out in detail all the things we are doing to be responsible citizens and to bring eye care and eyewear to low income Americans and people around the world."
The new report builds on the company's 2019 philanthropic impact report and for the first time, expands disclosure across key ESG areas. Beyond data, the report presents National Vision's approach to corporate responsibility and leverages the company's "SEE+G" framework to focus activities and reporting within four key pillars - Social, Employees, Environment, and Governance.
Highlights from the company's "A World Worth Seeing" report include:
Results of the company's first-ever Corporate Responsibility "materiality assessment"
Progress in each of the SEE + G focus areas, including:
Social: Donated more than $2.3 million to strategic nonprofit partners to alleviate the global vision crisis
Employees: Enhanced benefits to align with what associates said mattered most to them, such as extending the amount of paid parental leave
Environment: Completed the company's first Greenhouse Gas Emissions Inventory
Governance: Board composition and diversity overview, including achieving gender parity among independent directors
Response to COVID-19, including supporting the safety and wellbeing of associates, doctors, patients and customers
Our Crisis Relief Fund granted more than $900,000 to associates and doctors in need
Efforts to foster a culture of diversity, equity and inclusion
Launched new DEI strategy and goals
"Our stakeholders are increasingly interested in the role of ESG activities," said Jared Brandman, Senior Vice President, General Counsel and Secretary, of National Vision. "Our commitment to corporate responsibility is built into the core of National Vision's business and
identity, and we are excited to have the opportunity with this inaugural report to share a more comprehensive view of our SEE + G framework and progress on our ESG journey. This report is a big step forward in our ongoing commitment to disclosure and transparency."
To address areas of most relevance for its investors and stakeholders, the report is aligned with recognized guidelines, such as the Sustainability Accounting Standards Board (SASB), the Global Reporting Initiative (GRI), and the United Nations' Sustainable Development Goals.
View the report here: https://nationalvision.com/media/1583/fa-210825-nvi-corporate-responsibility-report.pdf
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National Vision Holdings Inc. published this content on 21 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 October 2021 12:13:05 UTC.
National Vision Holdings, Inc. is an optical retail company in the United States with over 1,100 stores in 38 states and Puerto Rico. The Company operates four retail brands: America's Best Contacts & Eyeglasses, Eyeglass World, and Vista Opticals inside select Fred Meyer stores and on select military bases, and e-commerce websites, offering a variety of products and services for customers eye care needs. The Company's segment includes Owned & Host. The Company, through its subsidiary, FirstSight Vision Services, Inc., is licensed as a single-service health plan under California law and issues individual vision plans in connection with its America's Best operations in California. The Company's e-commerce platform, which is managed by its subsidiary, AC Lens, serves its e-commerce websites and the e-commerce websites of third parties. AC Lens handles site management, customer relationship management (CRM) and order fulfillment and also sells a variety of contact lenses and eyeglasses.