National Vision, Inc. Releases First Corporate Responsibility Report
October 21 2021 - 8:00AM
Business Wire
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.
The full report is available here:
https://nationalvision.com/media/1583/fa-210825-nvi-corporate-responsibility-report.pdf
About National Vision Holdings, Inc. National Vision Holdings,
Inc. (NASDAQ: EYE) is the second largest optical retail company (by
sales) in the United States with over 1,200 stores in 44 states and
Puerto Rico. With a mission of helping people by making quality eye
care and eyewear more affordable and accessible, the company
operates five retail brands: America’s Best Contacts &
Eyeglasses, Eyeglass World, Vision Centers inside select Walmart
stores, and Vista Opticals inside select Fred Meyer stores and on
select military bases, and several e-commerce websites, offering a
variety of products and services for customers’ eye care needs. For
more information, please visit www.nationalvision.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20211021005326/en/
Media: Racheal Peters Racheal.Peters@nationalvision.com
(470) 448-2303
Investor Relations: David Mann, CFA
David.Mann@nationalvision.com (470) 448-2448
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