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

Core Insights - JOANN has released its FY24 Corporate Responsibility Impact Report, emphasizing its commitment to creativity and positive community impact through its Environmental, Social, and Governance (ESG) strategy [1] Communities - In FY24, JOANN raised and donated over $5.6 million to charitable partners including St. Jude Children's Research Hospital and Children's Miracle Network [3] - The company also donated $100,000 through its Minority Creative Grant Program and contributed more than $3.4 million in products to the Kids in Need Foundation [4] Environment - JOANN is focused on sustainability and minimizing its carbon footprint, having conducted a comprehensive greenhouse gas emissions inventory across its operations [5] - In FY24, 72% of private label packaging was made with recyclable paper, reflecting the company's commitment to sustainable packaging and addressing textile waste [6] Team Members - JOANN aims to create an inclusive environment, reporting that 84% of its Team Members identify as women, and it has reduced Workers' Compensation and Indemnity claims by 34.7% year over year [7][8] - The company continues to invest in training and career development for all Team Members [8] Governance - JOANN has refined its ESG Oversight and Governance structure, aligning its ESG Working Groups with its core values to better integrate priorities across departments [9]