SAN RAMON, Calif.—CooperCompanies (Nasdaq: COO) has released its 2023 Environmental, Social, and Governance (ESG) report, which describes the company’s “progress on enhancing the health and wellness of people around the world while protecting the planet and serving its communities.” The company notes in the report that it made significant investments in learning and development programs for global employees, maintained its commitment to protect the planet, and continued making its health care 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, according to the announcement. The report is aligned with the Sustainability Accounting Standards Board (SASB) Standards, the company said, a leading framework that identifies important ESG topics most relevant to investors.

 
Highlights from the report include:

People + Planet

  • 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 participated in the company's employee resource groups.

  • Women received 49 percent of management-level promotions and made up 49 percent of the company’s global workforce.

  • Launched 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.

  • Received first Zero Waste Facility certification at its CooperVision distribution and packaging center in West Henrietta, N.Y., diverting more than 90 percent of waste from landfills.

  • Prevented 6.9 million kg of plastic waste from entering the ocean since the start of its partnership with Plastic Bank.

  • 100 percent renewable electricity sourcing at all CooperVision facilities in New York and the U.K.
Governance

  • Employee engagement is now a key performance indicator for all executives.

  • 50 percent 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 the company’s executive leadership, its ESG team, and a dedicated ESG cross-functional project team; the board of directors oversees ESG topics.
For more information, read the Cooper 2023 ESG report here.