Wayfair Inc.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:6,925,356 tCO2e/year
Scope 1 Emissions:21,343 tCO2e/year
Scope 2 Emissions:20,299 tCO2e/year
Scope 3 Emissions:6,883,714 tCO2e/year
Renewable Energy Share:5.23%
Total Energy Consumption:618,886 GJ/year
ESG Focus Areas
- Our Communities
- Our Workplace
- Our Planet
Environmental Achievements
- Launched Shop Sustainably program featuring 15,000+ third-party certified products.
- Achieved 83% global recyclability rate for purchased packaging (excluding Germany).
- Reduced more than 26,600 pounds of plastic in 2022 through material substitutions.
- Contracted to participate in a 15 megawatt solar energy project in Texas (operational by end of 2024).
Social Achievements
- Housed 15,000+ people through partnerships with Community Solutions and Canadian Alliance to End Homelessness.
- Issued 90 grants totaling $100,000 USD through the Wayfair Emergency Relief Fund.
- Increased employee paid service hours by 63% and number of employees using this benefit by 68%.
- Donated nearly $7.8 million USD of in-kind product donations and over $1.25 million USD in financial support to nonprofits.
- Achieved pay equity for each employment level across gender, race, and age for all U.S. employees.
Governance Achievements
- Established a strategic governance structure with an Executive Impact Council and Committees.
- Implemented a new infrastructure to support the development and growth of Employee Resource Groups (ERGs).
- Established a Supplier Diversity Program focusing on Black-owned businesses.
- Earned a perfect score in the Human Rights Campaign’s Corporate Equality Index.
Climate Goals & Targets
Medium-term Goals:
- Reduce Scope 1 and 2 GHG emissions by 63% by 2035 (compared to 2020 baseline).
Environmental Challenges
- Reducing Scope 3 emissions.
- Managing waste and packaging impacts.
- Maintaining employee engagement during company restructuring.
- Addressing potential supply chain disruptions.
Mitigation Strategies
- Establishing cross-functional working groups to identify reduction pathways for GHG emissions.
- Implementing waste management strategies across global operations and partnering with waste vendors.
- Conducting employee listening tours, surveys, and focus groups.
- Risk-based approach to auditing the supply chain and implementing corrective action plans.
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct (SCOC) establishing standards for suppliers.
- Risk-based approach to auditing the supply chain.
- Supplier Diversity Program.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, SASB
Sustainable Products & Innovation
- Shop Sustainably program