JOANN Releases Annual Impact Report, Highlighting Progress in Support of Team Members, Customers and Communities

HUDSON, Ohio, Sept. 26, 2024 (GLOBE NEWSWIRE) -- JOANN, the nation's category leader in sewing and fabrics with one of the largest arts and crafts offerings, has released its FY24 Corporate Responsibility Impact Report as the company continues to harness the power of creativity to positively impact its Team Members, customers and communities. Through its Environmental, Social, and Governance (ESG) strategy, JOANN remains committed to operating as a responsible corporate citizen as a newly private company.

"As a creative business, we recognize the importance of using our platform to support the communities where we do business, champion diversity and inclusion, and contribute to a more sustainable future by embracing a key set of core values," said Ann Aber, Chief Legal and Human Resources Officer. "Our ESG approach builds on our goal of continuously supporting and celebrating those who give back and inspire others to use their hands, hearts, and minds for the good of other people, our planet, and our communities."

Key Highlights from the FY24 Impact Report include:

Communities
Giving back and investing in the communities it serves has been integral to the JOANN mission from the beginning. In FY24, JOANN raised and donated more than $5.6 million to its charitable partners: St. Jude Children's Research Hospital, Children's Miracle Network, National 4-H Council, Susan G. Komen, and Kids Mental Health Foundation (formerly known as On Our Sleeves).

Additionally, JOANN donated $100,000 through its Minority Creative Grant Program, and more than $3.4 million in products to the Kids in Need Foundation.

Environment
JOANN is committed to finding new ways to contribute to a more sustainable future and minimizing its carbon footprint continues to be a key priority. Over the past three years, JOANN has worked with third-party experts to conduct the Scope 1, 2 & 3 greenhouse gas (GHG) emissions inventory for its retail stores, corporate offices, distribution centers, OMNI-Fulfillment Center, and throughout its value chain.

Additionally, in FY24, JOANN continued efforts to create more sustainable packaging and products, address textile waste, and promote circularity, and in FY24, 72% of private label packaging was made with recyclable paper.

Team Members
JOANN believes in creating an environment where all Team Members can be their authentic selves and contribute at their highest level. In FY24, JOANN maintained a safe and healthy working environment. JOANN's focus on Safe Working Environments helped reduce Workers' Compensation and Indemnity claims by 34.7% year over year.

Additionally, JOANN continued to cultivate, develop, and support diversity and inclusion in the organization. JOANN is proud to share 84% of Team Members identify as women and the company continues to invest in training and career development for all Team Members.

Governance
In FY24, JOANN refined its ESG Oversight and Governance structure by tailoring its ESG Working Groups to the EVERGREEN core values. Each Working Group includes a cross-functional team working in key areas relevant to the associated materiality topics to better integrate the EVERGREEN priorities across workstreams and departments at JOANN.

For more on JOANN's ESG commitments and to see the full report, please visit https://news.joann.com/corporate-responsibility.

About JOANN
For more than 80 years, JOANN has inspired creativity in the hearts, hands, and minds of its customers. From a single storefront in Cleveland, Ohio, the nation's leader in sewing and fabrics with one of the largest arts and crafts offerings has grown to include more than 800 stores across 49 states and a robust ecommerce business. With the goal of helping every customer find their creative Happy Place, JOANN serves as a convenient single source for all the supplies, guidance, and inspiration needed to achieve any project or passion.

Contact
Amanda Hayes
[email protected]