Sonos Reports Progress Made Against Climate Action Plan, Restates Commitment to Product Longevity and Sustainability
November 29 2022 - 3:00AM
Business Wire
The company released its 2022 Listen Better
Report, detailing actions to drive a more sustainable future
alongside progress on Diversity, Equity and Inclusion and Social
Impact
Today, Sonos (NASDAQ: SONO) released its annual Listen Better
Report, offering a comprehensive overview of the company’s ESG
efforts. Included in the Report are actions made against Sonos’
Climate Action Plan, introduced in 2021, which serves as a
framework to drive the company to carbon neutrality by 2030 and net
zero by 2040.
“We are driven by the belief that Sonos should have a positive
impact on the lives of our customers, communities and the world
around us. Our Listen Better Report outlines how we’re bringing
innovation and forward thinking to creating responsibly-designed
products and experiences built by inclusive teams in pursuit of our
mission to help the world listen better,” said Patrick Spence,
Sonos CEO. “We will continue to learn from our customers, employees
and peers to further extend the life of and address the total
environmental impact of our products.”
Reducing greenhouse gas emissions across operations
In FY22, Sonos held an internal Energy Efficiency Summit that
brought together experts from across the company to develop a
roadmap for improving device efficiency. This event helped the
company identify efficiency challenges and establish baselines
against its largest impact area of product energy use, creating a
detailed roadmap for achieving the lowest possible power
consumption while embracing an uncompromising customer
experience.
“We are proud of the progress that’s been made this past year
across the board, especially as it relates to our Climate Action
Plan,” said Deji Olukotun, Sonos Director of Global Affairs and
Sustainability. “We’ve been able to gain deeper insights and more
granular data so we can continue on our journey to reduce our
carbon emissions and make good on our deeply-held commitment to our
customers and the planet.”
To further accelerate its climate action, Sonos formalized a
dedicated Product Sustainability team to ensure sustainability is
built into every phase of the product development process, making
all products more easily repairable, while using safer materials
and incorporating recycled resins and plastics.
In FY22, Sonos’ new product packaging contained 90% sustainably
sourced paper content, moving toward its goal of achieving 100% by
FY25, and Sonos was recognized for these efforts earning The
Dieline Gold in the Consumer Electronics Category, IDEA Gold in the
Packaging category, the IDEA Jury Chair Award as well as Pentawards
Silver in the Home, Leisure and Other Markets category. Sonos also
conducted its first ever product life cycle assessment (LCA) to
better understand the impact of our products on climate, water
usage, and waste.
Promoting philanthropic efforts and diversity, equity and
inclusion
Sonos achieved its goal of providing 100,000 hours of youth
music education by 2025, donating more than $1 million to music
education nonprofits around the world through its Sonos Soundwaves
program, three years ahead of schedule. The company has also
expanded its program to include Regenerative Sound, a program which
uses sound – through bioacoustics – to promote biodiversity and
forest conservation worldwide. These programs follow a Giving
Tuesday campaign, in which Sonos is donating up to $100,000 to the
SeaTrees program of Sustainable Surf, a nonprofit supporting kelp
restoration to help sequester carbon.
Continuing its efforts towards Diversity, Equity, &
Inclusion, this year, Sonos developed representation goals for
Black employees, Latinx employees and women in tech-focused roles.
The company will continue to invest in its employees through
Employee Resource Groups which shape and influence many actions
throughout its operations, including the curation of Sonos Radio
stations such as Full Spectrum (LGBTQ+) and Sonido Mio
(LatinX).
To read the full Sonos 2022 Listen Better Report, please visit
sustainability.sonos.com.
About Sonos
Sonos (Nasdaq: SONO) is the world’s leading sound experience
company. As the inventor of multi-room wireless home audio, Sonos
innovation helps the world listen better by giving people access to
the content they love and allowing them to control it however and
wherever they choose. Known for delivering an unparalleled sound
experience, thoughtful design aesthetic, simplicity of use, and an
open platform, Sonos makes the breadth of audio content available
to anyone. Sonos is headquartered in Santa Barbara, California.
Learn more at www.sonos.com.
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Investor Contact James Baglanis IR@sonos.com
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