Ethan Allen Recognized for Sustainable Wood Sourcing
13 Novembro 2024 - 12:30PM
The Sustainable Furnishings Council (SFC) and the National Wildlife
Federation (NWF) recognized Ethan Allen for its wood-sourcing
policies and commitment to sustainable wood used to make the
furniture they sell. Ethan Allen was awarded the designation of
“Most Improved” for 2024, which is given to only one furniture
retailer per year.
The majority of wood sourced by Ethan Allen in
its furniture manufacturing is comprised of certified sustainable
wood. At its Vermont case goods plant, the company also recycles
wood chips and sawdust generated during manufacturing, using the
recycled biomass to power wood-drying kilns and cogenerate
electricity.
“Ethan Allen has a long-standing commitment to
sustainable operations and manufacturing, and this recognition
reaffirms our commitment to responsible wood sourcing,” stated
Farooq Kathwari, Ethan Allen’s Chairman, President and CEO. “We
commend the SFC and NWF’s mission to educate the industry on
responsible practices and to increase consumer awareness, so
customers can weigh a company’s environmental commitment when they
make purchasing decisions.”
Ethan Allen is also Verified Sustainable by
Appalachian Hardwood Manufacturers Inc. (AHMI), a recognition that
the company sources wood from responsibly managed Appalachian
forests. For additional information about the company’s wood
sourcing policy, refer to its Investor Relations website at
https://ir.ethanallen.com/esg/esg-responsibility.
ABOUT ETHAN ALLEN
Ethan Allen (NYSE:ETD), recently named America's
#1 Premium Furniture Retailer by Newsweek, is a leading
interior design destination combining state-of-the-art technology
with personal service. Our design centers, which represent a
mix of Company-operated and independent licensee
locations, offer complimentary interior design service and
sell a full range of home furnishings, including custom furniture
and artisan-crafted accents for every room in the home. Vertically
integrated from product design through logistics, we manufacture
about 75% of our custom-crafted furniture
in our North American manufacturing facilities
and have been recognized for product quality and
craftsmanship since 1932. Learn more
at www.ethanallen.com and follow us on Facebook,
Instagram, and LinkedIn. Investor Relations Contact:
Matt McNulty Senior Vice President, Chief Financial Officer and
Treasurer IR@ethanallen.com
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