Connect with us

Press Releases

CooperCompanies Releases 2020 Environmental, Social, and Governance Report

The report details its commitment to bringing health and vision care to more people worldwide through ethical business practices and innovative, high-quality products.

mm

Published

on

(PRESS RELEASE) SAN RAMON, CA — CooperCompanies (NYSE: COO) announced the publication of its first Environmental, Social, and Governance (ESG) Report, highlighting the Company’s progress on ESG items most important to its businesses and stakeholders, including employees, shareholders, customers, and global communities.

“At Cooper, we believe operating with integrity and conducting our business in a socially and environmentally responsible manner is important to our long-term success. We are proud of our ESG progress and committed to accomplishing more,” said Al White, President and CEO of CooperCompanies (“Cooper”).

Cooper’s 2020 ESG Report details its commitment to bringing health and vision care to more people worldwide through ethical business practices and innovative, high-quality products. It includes the Company’s approach and progress on key ESG priority issues identified during a recent materiality assessment, including product quality and patient safety; business ethics; employee health and safety; diversity and inclusion; and human capital management. In developing the report, Cooper aligned with the Sustainability Accounting Standards Board (SASB) standards.

Key report highlights include:

  • Established a breakthrough partnership with Plastic Bank that makes CooperVision’s clariti 1 day the first net plastic neutral contact lens in the U.S.
  • All key facilities in New York and the United Kingdom source 100% renewable electricity via Renewable Energy Certificates.
  • Women make up approximately 48% of Cooper’s global workforce. The Company will achieve gender parity on its Board of Directors as of July 2021 with the addition of its fourth woman director.
  • Received certification as a Great Place to Work in the U.S. for the third consecutive year and recognition as one of the Top 10 Best Large Workplaces in Manufacturing and Production in the U.S.

Cooper’s mission of improving lives one person at a time is grounded in enhancing the health and wellness of people and communities across the globe. The company aligned our commitments with United Nations Sustainable Development Goals (“SDGs”), in particular with three SDG’s that most closely connect with its business: #3 Good Health and Well-being, #12 Responsible Consumption and Production, and #17 Partnerships.

Read more in the Cooper 2020 Environmental, Social, and Governance Report here.

Advertisement

SPONSORED VIDEO

SPONSORED BY VARILUX

The Best Overall Progressive Lens, Now Powered by AI

Engineered with Behavioral Artificial Intelligence and utilizing new XR-motion™ technology, Varilux XR series goes beyond prescription and eye physiology to consider the patient’s visual behavior and design a progressive lens that respects how
their eyes naturally move.

Varilux XR series comes in two versions, Varilux® XR design and Varilux® XR track. The Varilux XR track lens provides an additional level of personalization by incorporating the exclusive Near Vision Behavior Measurement, providing up to 25% more near vision width3 according to the patient’s need, so patients get the highest level of customization.

Discover Varilux XR series and enjoy instantly sharp vision in motion4 and seamless transitions from near to far.

For more information, visit here.

Promoted Headlines

Advertisement

Advertisement

Advertisement

Subscribe

INVISIONMAG.COM
BULLETINS

Get the most important news and business ideas for eyecare professionals every weekday from INVISION.

Facebook

Most Popular