Snap One Holdings Corp. Releases Inaugural Sustainability Report
14 February 2024 - 12:00AM
Snap One Holdings Corp. (Nasdaq: SNPO)
(“Snap One” or the “Company”), a provider of smart living
products, services, and software to professional integrators, today
announced the release of its inaugural Sustainability Report.
“Our inaugural Sustainability Report emphasizes our
commitment towards building a responsible and sustainable practice
that benefits our customers, employees, and our planet,” said John
Heyman, CEO of Snap One. “I am confident the initiatives outlined
in this report align with our overarching strategy of enhancing the
lives of our end users and stakeholders. Through our inclusive work
environment, we continue to drive a positive impact for our
communities while upholding the highest standards with our partners
to ensure our products improve energy efficiency for our customers’
homes. Our sustainability initiatives will continue to set the
foundation of making lives more enjoyable, connected, and
secure.”
Key highlights from Snap One’s inaugural
Sustainability Report include:
- Recognized through numerous awards and accolades for creating
solutions that enable resource efficiency and enhance data security
and privacy for integrators and end customers
- Upheld the Company’s tenet to “Be the Best Place to Work” with
an 82% Employee Engagement Score and a 92% response rate. This
meant 82% of Snap One employees responded positively to statements
such as, “I am proud to work at Snap One,” “I intend to stay with
Snap One for at least the next 12 months,” “I would recommend Snap
One as a great place to work,” and “My work gives me a sense of
personal accomplishment.”
- Implemented a carbon accounting software tool, Persefoni AI
Inc., to enhance Snap One’s data collection and reporting accuracy,
timeliness, and the ability to expand and analyze third-party
data
- Adopted internal and publicly facing policies to increase
transparency and compliance within Snap One’s governance
practices
Snap One’s sustainability strategy is based on four
underlying principles:
- People – Creating a safe environment with
equitable and inclusive employee experiences
- Product – Creating solutions that enable
resource efficiency and enhance security and privacy for end
customers and partners
- Planet – Minimizing the Company’s carbon
footprint and improving the sustainability of its operations
- Principled Governance – Committing to
governance practices and policies that promote high ethical
standards and maximize the long-term interests of Snap One
stakeholders
Snap One’s complete 2023 Sustainability Report is
available for download on Snap One’s investor relations website at
investors.snapone.com.
About Snap OneAs a leading
distributor of Smart Living technology, Snap One empowers its vast
network of professional integrators to deliver entertainment,
connectivity, control, and security solutions to residential and
commercial end customers worldwide. Snap One distributes an
expansive portfolio of proprietary and third-party products through
its intuitive online portal and local branch network, blending the
benefits of e-commerce with the convenience of same-day pickup. In
addition to products, the Company provides software, award-winning
support, and digital workflow tools to help its integrator partners
build thriving and profitable businesses. Additional information
about Snap One can be found at snapone.com.
Contacts
Media:
Danielle KarrDirector, Public Relations &
EventsDanielle.Karr@SnapOne.com
Investors:
Tom Colton and Chris Adusei-PokuGateway Group(949)
574-3860IR@SnapOne.com
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