SASB Standards

The Sustainability Accounting Standards Board (SASB) is a nonprofit organization that sets financial reporting standards. The SASB aims to establish industry-specific disclosure standards across environmental, social, and governance topics that facilitate communication between companies and investors about financially material, decision useful information. The table below cross-references the SASB accounting metrics with where that information can be found on the La-Z-Boy website, La-Z-Boy 2019 Proxy and 2019 Annual Report.

Topic Accounting Metric Category Description of Metric Location of Disclosure
Energy Management in Manufacturing Total energy consumed Quantitative Includes energy from all sources, including energy purchased from sources external to the entity and energy produced by the entity itself (self-generated) during the reporting period Carbon and Climate
% Grid electricity Calculated as purchased grid electricity consumption divided by total energy consumption
% Renewable % of energy it consumed that is renewable
Management of Chemical Products Discussion of processes to assess and manage risks and/or hazards associated with chemicals in products Discussion and Analysis Business and operational processes employed to assess and manage potential risks and hazards associated with the use of materials, chemicals and substances Waste and Toxicity Social Compliance Manual
% of eligible product Quantitative % of eligible products, by revenue, that meet volatile organic compound (VOC) emissions and content standards TBD1
Product Lifecycle Environmental Impacts Description of efforts to manage product lifecycle impacts and meet demand for sustainable products Discussion and Analysis Discussion of strategies to assess and manage the environmental impact of products through their lifecycle Natural Resources Environmental Policy La-Z-Boy 2019 Proxy
(Sustainability Section)
La-Z-Boy 2019 Annual Report Investor Presentation
Weight of end-of-life material recovered Quantitative Weight, in metric tons, of materials recovered, including those recovered through recycling services, product take-back programs, and refurbishment service Waste and Toxicity
% of recovered materials recycled The entity shall disclose the % of end-of-life materials recovered that were recycled or remanufactured Waste and Toxicity
Wood Supply Chain Management Total weight of wood fiber materials purchased Quantitative Total amount of wood fiber materials (in air-dried metric tons) it purchased during the reporting period Natural Resources
% from third-party certified forestlands % of total wood fiber materials purchased that have been sourced from forestlands that are certified to a third-party forest management standard TBD2
% by standard % of wood fiber materials purchased that have been certified to wood fiber standards, separated by standard
% certified to other wood fiber standards Weight of entity’s wood fiber materials that have been certified to each wood fiber’s standard divided by the total weight of wood fiber materials
% certified to other wood fiber standards % of wood fiber materials purchased that have been sourced from the forrestlands that are not certified to a third party forest management standard and not certified to other wood fiber certification standards

1VOC data collection is in process
2Third-party forest management, forestry best practices and data collection is in process