The Company Discloses Its Progress From the
2023 Fiscal Year Across Its Business and Functions
SHELTON,
Conn., June 18, 2024 /PRNewswire/ -- Edgewell
Personal Care Company (NYSE: EPC) has released its fiscal 2023
Sustainability Report, which details the sustainability progress
the company has made over the past year in its efforts to enable
the business to 'Move Forward'. The report outlines key actions and
progress in advancing the Company's Sustainable Care 2030
commitments across its brands, operations and supply chain, as well
as through supporting its teammates and communities around the
world.
Rod Little, CEO of Edgewell
Personal Care stated, "With the launch of this year's report, I
continue to have an optimistic outlook on our company's growth
strategy and sustainability journey. I am pleased to say that our
business continues to deliver consistent, structural top-line
growth, fueled by a stronger portfolio of brands and underpinned by
the strides we have made across brand building, product innovation,
retail execution and eCommerce activation. Sustainability is one of
the most important topics facing our global future and equally
important is the vibrant culture and people that make up our
organization. Being named as the Forbes #2 Best Midsize Company to
work for in America, we take our Purpose, Values and Behaviors
seriously and continue to live by them and work together to make
our community a positive and supportive one. By continually
striving to work toward our sustainability commitments throughout
the business and wherever possible, we demonstrate our dedication
and commitment to doing our small part to care for our planet and I
am confident that Edgewell will continue to make progress moving
forward."
In fiscal 2023, Edgewell continued to drive progress in
advancing its sustainability objectives, which can be seen through
its highlights and recognition:
- Reduced virgin petroleum-based plastic in packaging in razors
and blades segment by 55.8% versus FY19 baseline1,
exceeding its 50% reduction goal ahead of schedule
- Reduced virgin petroleum-based plastic in disposable razor
handles by 22.9% versus 50% reduction goal against FY19
baseline2
- 8% reduction in virgin petroleum-based plastic feminine care
products versus FY19 baseline2
- Used 85.9% recycled and/or certified responsibly sourced fiber
for fiber- and paper-based packaging across its product
portfolio
- 100% certified sustainable palm oil directly sourced and
through credits for use in our products
- Reduced greenhouse gas (GHG) emissions by 23.5% versus FY19
baseline (Scope 1 and 2)
- Exceeded its 10% energy reduction goal by 2030 ahead of
schedule, reducing energy use by 11.3% against FY19 baseline
- Achieved its 5% water reduction goal by 2030 ahead of schedule,
reducing water use by 5.2% against FY19 baseline
- Achieved 0.68 world-class injury rate
- Donated ~US$1.5M through
charitable giving throughout FY23
- 45,250 InspireJOY recognition moments awarded by teammates and
managers in FY23, and more than 118,000 recognition moments since
FY21 when the program launched
- 54% women representation across our global workforce
Recognition
- Ranked one of America's Most Responsible Companies by Newsweek
and Statista for the fifth year running. In 2024, we rose to #19
overall — and #3 in our industry
- Recognized as a Climate Leader in America in USA Today's
ranking of American companies that have achieved the greatest
reductions in core GHG emissions intensity
- Ranked #2 out of 400 companies listed on Forbes America's Best Midsize Employers in 2024
— our first time being listed and a testament to our commitment to
being a people-first employer
- Featured on Newsweek and Plant-A Insights Group's America's
Greatest Workplaces for Diversity list as well as their America's
Greatest Workplaces for Women ranking in 2024
- Named as a Connecticut Top Workplace of 2023 by Hearst Media
Services, based on a survey of teammate experiences and
sentiment
Edgewell also continued to make notable advancements through
product and packaging innovation. Its sun care brand, Banana Boat,
launched a disruptive packaging innovation in the sunscreen
category – the Banana Boat 360 Coverage Sunscreen Mist. The new
suncare innovation features a reusable sprayer,3 with
corresponding refill bottles that contain 25% post consumer
recycled (PCR) plastic4 and are recyclable where
recycling facilities exist.5
Amy Knight, Vice President of
Global Sustainability said, "At Edgewell, we are dedicated to
Moving Forward. Throughout FY23, our passionate teammates across
the globe have continued to bring this sentiment to life — whether
through evolving products that inspire moments of consumer joy or
embracing opportunities to reduce waste, emissions, energy use and
water consumption. I am so proud to see how engaged our teammates
are in pushing our Sustainable Care 2030 strategy onward,
collectively delivering progress against our goals, ambitions and
vision. I am proud of what we've accomplished so far, and know we
have a bright future ahead of us on our sustainability
journey."
To read the full report, please visit
Edgewell.com/SustainabilityReport23.
About Sustainable Care 2030
Edgewell's Sustainable
Care 2030 is the Company's ambitious strategy that will enable
it to sustain and grow its business while inspiring a world where
the joy of caring for yourself is balanced with caring for our
shared planet and society. Unveiled in 2020, Sustainable Care
2030 includes key commitments and targets across its brands,
operations and supply chain, and workforce and communities. For
more information, visit www.edgewell.com/sustainability.
About Edgewell
Edgewell is a leading pure-play consumer products company with an
attractive, diversified portfolio of established brand names
including Schick® and Wilkinson Sword® men's shaving products;
Schick® and Billie® women's shaving products; Edge® and Skintimate®
shave preparations; Playtex®, Stayfree®, Carefree® and o.b.®
feminine care products; Banana Boat® and Hawaiian Tropic® sun care
products; Bulldog®, Jack Black® and Cremo® grooming products;
FieldtripTM skin care products; and Wet Ones® hygiene
products. The Company has a broad global footprint and
operates in more than 50 markets, including
the U.S., Canada, Mexico, Germany, Japan,
the U.K. and Australia, with approximately 6,800
employees worldwide.
1 Baseline includes primary and secondary packaging
data made available to us, excluding acquired brands (CREMO and
BILLIE), multi-pack eCommerce and Club store packaging in which
products are packed or presented and packaging utilized by our
Solingen facility.
2 In FY23, we enhanced our packaging data collection
capabilities and adjusted where new information was made available
to us, which included corrections to data previously reported.
These data corrections are reflected in our FY23 progress
reporting. Additionally, we have standardized and adjusted our
approach to reporting on our virgin petroleum-based plastic related
goals to more clearly communicate our reduction progress.
3 Can be used up to 14 times.
4 Excludes cap, sprayer and label
5 Bottles and refill caps are recyclable where
facilities exist; the sprayers are not.
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SOURCE Edgewell Personal Care Company