fbpx

CooperCompanies Publishes 2023 ESG Report, Highlighting Efforts to Drive Positive Change for People and the Planet

CooperCompanies

CooperCompanies released its 2023 Environmental, Social, and Governance (ESG) Report showcasing progress on enhancing the health and wellness of people around the world while protecting the planet and serving its communities.   

CooperCompanies made significant investments in learning and development programs for global employees, maintained its commitment to protect the planet, and continued making its leading healthcare solutions more accessible in underserved communities.

“We are most innovative when we leverage synergies across our ESG priorities. We believe in the importance of sustainability and are pursuing a future in which everything we create mutually reinforces the wellbeing of people and planet.”

Al White, President and CEO of CooperCompanies

The 2023 ESG Report includes expanded and updated ESG performance data and highlights the Company’s efforts to drive positive change for people and the planet. The report is aligned with the Sustainability Accounting Standards Board (SASB) Standards, a leading framework that identifies important ESG topics most relevant to investors.

Key highlights from the report:

People + Planet

We enhance the health and wellness of people around the world, while doing our part to protect the planet and serve our communities.

  • Scored 100 on the Human Right Campaign’s 2023 Corporate Equality Index
  • Named to the Top 20 Global Inspiring Workplaces and the Top 10 North American Inspiring Workplaces
  • CooperVision Puerto Rico received the President’s Award for workplace safety
  • More than 2,000 employees participate in our employee resource groups
  • Women received 49% of management-level promotions and made up 49% of our global workforce
  • Launched our Generation Sight initiative to bridge myopia management access disparities among children in the U.S. and train the next generation of optometry care providers
  • In 2023, CooperVision sites in Puerto Rico and Costa Rica achieved LEED Gold certification; 8 of CooperCompanies’ facilities are LEED® or BREEAM® certified
  • Received our first Zero Waste Facility certification at our CooperVision Distribution and Packaging Center in West Henrietta, diverting more than 90% of waste from landfill
  • Prevented 6.9 million kilograms of plastic waste from entering the ocean since the start of our partnership with Plastic Bank[1]
  • 100% renewable electricity sourcing at all CooperVision facilities in New York and the United Kingdom

Governance

Adherence to high standards of ethics, compliance and accountability provides long-term value for our stakeholders.

  • Employee engagement is now a KPI for all executives
  • 50% Board gender diversity
  • Launched the Speak Up awareness campaign, highlighting the responsibility of all employees to speak up if they observe or suspect misconduct
  • Three ESG organizational bodies, including our Executive Leadership, our ESG Team, and a dedicated ESG Cross-Functional Project Team; the Board of Directors oversees ESG topics

Read more in the Cooper 2023 ESG Report.

CooperCompanies Environmental social and Governance Report 2023

[1] Data from April 15, 2024. For calculation purposes, Plastic Bank uses the measurement of 50 bottles equating to 1kg (2.2 pounds) of plastic.

Click HERE for the press release.

Want to see more like this article? Click here to subscribe to our FREE print magazines and e-newsletters!

GVO Announces Exclusive North American Partnership with WestGroupe to Distribute Nano Vista and BFlex Brands in Canada and the US

WestGroupe and GVO partner

GVO, a global leader in the children’s market, announces a strategic partnership with WestGroupe for the exclusive distribution of Nano Vista and BFlex across Canada and the United States, starting from August 1, 2024. This partnership capitalizes on WestGroupe’s robust distribution capabilities and GVO’s expertise in developing best-in-class children’s eyewear solutions.

Nano Vista, renowned for its revolutionary eyewear technology tailored specifically for infants, toddlers, and children, has earned international acclaim for its virtually indestructible frames and proprietary Siliflex material. In addition to Nano Indestructible, WestGroupe will carry multiple brand extensions including Nano Clip, Nano Glow, Nano Baby, Nano Sport, and Nano Sun. To meet the increasing demand for indestructible adult frames, WestGroupe will also distribute BFlex, the new adult offering from GVO.

“Our goal is to provide the best pediatric eyewear in the world and partnering with a service-oriented company like WestGroupe presents one of the greatest opportunities for our brands to excel. Leading the children’s eyewear business for our customers is an everyday challenge, and WestGroupe has the best team and a proven track record to guarantee the service we demand for our customers’ satisfaction.”

Alberto Paulet, founder and CEO of GVO

The agreement with GVO represents a significant milestone for WestGroupe as it continues to diversify its portfolio to include category leading brands.

“We are thrilled to partner with GVO to further expand the Nano Vista brand in the North American market. This collaboration perfectly aligns with our commitment to providing innovative eyewear solutions that cater to the unique needs of our customers. Nano Vista is the leading children’s brand worldwide with strong brand recognition with North American moms and their children and we look forward to offering their diverse range of products designed to withstand the active lifestyle of children.”

Beverly Suliteanu, Vice President of Product Development, WestGroupe

Click HERE for the press release.

Want to see more like this article? Click here to subscribe to our FREE print magazines and e-newsletters!

Alcon Reports Strong First-Quarter 2024 Results Driven by Robust Sales in Contact Lenses and Ocular Health

Alcon reported its financial results for the three months ended March 31, 2024. For the first quarter of 2024, sales were $2.4 billion, an increase of 5% on a reported basis and 7% on a constant currency basis, as compared to the same quarter of the previous year. Alcon reported diluted earnings per share of $0.50 and core diluted earnings per share of $0.78 in the first quarter of 2024.

“Our first-quarter results reflect the outstanding work done by our more than 25,000 associates across both our Surgical and Vision Care franchises. We’re encouraged with the positive momentum we’re seeing across our broad range of products, particularly in our innovative contact lenses, where we saw record sales again this quarter.”

David J. Endicott, Alcon Chief Executive Officer

  • First-quarter 2024 sales of $2.4 billion, up 5%, or 7% constant currency (cc)
  • First-quarter 2024 diluted EPS of $0.50, up 43%, or 62% cc; core diluted EPS of $0.78 up 11%, or 21% cc
  • First-quarter 2024 cash from operations of $341 million; free cash flow of $229 million, up $248 million year-over year

The full press release can be found HERE.

Want to see more like this article? Click here to subscribe to our FREE print magazines and e-newsletters!

Malaysia and Nepal Health Ministers to unite at World Health Assembly for Universal Access to Glasses 

Universal Access to Glasses: Promoting Multisectoral Action

On May 30, 2024, a high-level side event focusing on access to vision care will convene at the 77th World Health Assembly (WHA) in Geneva, Switzerland. Titled “Universal Access to Glasses: Promoting Multisectoral Action,” the event is coordinated by the International Agency for the Prevention of Blindness (IAPB) and the World Health Organization (WHO) and hosted by the governments of Nepal and Malaysia.

This important event underscores the global public health crisis posed by vision impairment. Over 2.2 billion people live with some form of vision impairment, with about 1.1 billion of these cases being avoidable. Uncorrected refractive errors, the most common cause of vision loss, affect an estimated 671 million people worldwide, a number predicted to rise sharply in coming decades.

The event will build upon positive momentum created by the landmark 2021 UN resolution “Vision for Everyone” and WHO guidance promoting Integrated People-centered Eye Care. It will also address the ambitious WHA target for a 40-percentage point increase in effective refractive error coverage by 2030. You can register to view the event livestream on the IAPB website

Organizers of the event are calling on governments, international organizations, the private sector, and civil society to join forces and commit to achieving universal access to affordable and quality eye care, including glasses. 

“It is so important for us as a sector to galvanize support from member states, international organization like WHO and stakeholders from across the sector including business and NGOs to tackle this global health challenge, this is why it is so important to unite behind the same cause.”
Peter Holland, Chief Executive Officer, IAPB

Jennifer Gersbeck, Executive Director – Global Advocacy, The Fred Hollows Foundation, moderator for the event said “With uncorrected refractive error expected to affect more than a third of the global population by 2030, we need to take urgent collective action now. This event will bring together experts from across different sectors to help us chart a way forward.” 

Ahead of the event, one of the speakers Stuart Cockrill, Head of LCM for Myopia Management, CooperVision said “Uncorrected refractive error is one of the biggest silent health crises that impacts educational and work performance so it a true lifetime disease and disability.”

Dr. Alarcos Cieza - Unit Head, Sensory Function Disability and Rehabilitation, WHO HQ said, “This event will discuss policy recommendations and strategies such as the WHO’s SPECs initiative to integrate refractive error services into broader healthcare and other systems.” 

Event Details

Universal Access to Glasses: Promoting Multisectoral Action

Thursday, May 30, 2024, 7:30 AM – 9:30 AM CET

Livestream Registration: https://www.iapb.world/iapb_wha_livestream_30_05_2024

Panelists

• Peter Holland, Chief Executive, International Agency for the Prevention of Blindness

• Dr. Stuart Keel – Technical Officer (Vision and Eye Care Programme), WHO HQ

• Stuart Cockerill – Head of LCM for Myopia Management, CooperVision

• Joaquim Pintado Nunes – Chief of the Labour Administration, Labour Inspection and Occupational Safety and Health Branch, Governance and Tripartism Department, International Labour Organisation

• Sumrana Yasmin – Deputy Technical Director for Eye Health, SightSavers

• Dr. Alarcos Cieza – Unit Head, Sensory Function Disability and Rehabilitation, WHO HQ

• Prof. Dr. Siegfried Wahl – Head Advanced Development | Head Scientific Affairs | Site Manager, Carl Ziess Vision

• Dr. Bente Mikkelsen – Director of Noncommunicable Diseases, WHO HQ

• Representative from the Ministry of Health, Malaysia

• Representative from the Ministry of Health, Nepal

IAPB’s Jess Thompson and CooperVision’s Stuart Cockerill sat down ahead of a VIP panel about refractive error at the 77th World Health Assembly to discuss the challenge, progress, and how the eye care community can support access to screening and correction.

Watch the video here:

Click HERE for the press release.

Want to see more like this article? Click here to subscribe to our FREE print magazines and e-newsletters!

Canadian Seniors at Risk of Vision Loss Due to Financial Barriers, According to Specsavers Survey

Specsavers logo

A new survey by Specsavers, conducted by Leger, reveals that almost half (41%) of Canadian seniors are not up-to-date on their annual eye exam. Despite provincial insurance coverage for seniors, the cost of eyewear has been found to be a barrier for some, causing them to delay their exam. These findings are concerning as this can lead to undiagnosed eye conditions that can cause significant damage to vision.

“Eye exams are not just about getting a new prescription for glasses. Optometrists are equipped to detect the earliest signs of eye diseases. The advice an optometrist gives can be anything from helping with daily eye discomforts, to the detection of eye diseases, to ensuring that new glasses work for an individuals’ daily tasks. All of these are important for the preservation of quality of life, through better sight.”

Naomi Barber, Clinical Services Director, Specsavers

When examining the factors putting seniors’ vision at risk, half do not have vision health benefits and one-in-four have skipped or delayed updating their eyewear prescriptions due to financial barriers.

Due to their risk for potential health complications and more incidence of eye health issues, seniors should be getting regular eye exams. One-in-five do not know their family eye health history and may not be aware of their increased risk of vision-threatening diseases like glaucoma and age-related macular degeneration (AMD).

“The number of Canadians living with vision loss is growing every day, and it’s critical that we continue to bring to light the factors that may be putting one’s vision at risk. Diagnosing conditions early is integral to the conservation of sight, and it’s incomprehensible that someone should have to delay potentially sight-saving treatment due to financial concerns.”

Jim Tokos, National President of the Canadian Council of the Blind

Specsavers partners with a network of participating independent optometrists who conduct eye exams – available at no-cost to seniors. These exams always include Optical Coherence Tomography (OCT), which creates a 3D eye scan that helps optometrists detect sight-threatening diseases at the earliest point of detection. Regular eye exams are important as 75% of vision loss is preventable and treatable.1

“We believe that Canadian seniors deserve better. Specsavers has a mission to help change the lives of Canadians through better sight,” says Bill Moir, Managing Director, Specsavers Canada. “It is important to break down the barriers to access eyecare and eyewear in Canada so that seniors are coming in for important eye exams.”

One of the ways to overcome these challenges is by implementing a national strategy for eyecare, through the proposed Bill C-284, to ensure better health outcomes for Canadians. This is particularly important for senior populations who are more likely to be diagnosed with eye diseases such as glaucoma and AMD.

“A national eyecare strategy is the next important step in making healthcare accessible and affordable for all Canadians, and it aligns strongly with Specsavers own vision of making eyecare and eyewear accessible to all,” says Moir. “Financially, eye exams and eyewear purchases go hand-in-hand. Recognizing the cost barrier for eyewear is important, particularly for our senior population, many of whom are on a fixed income.”

Specsavers has launched an ongoing seniors’ eyewear offer that is available at every location across Canada to make eyewear more affordable for seniors and prevent delaying eye exams.

1 A Report Card on Vision Health in Canada, The Canadian Council of the Blind and Fighting Blindness Canada. October 2022.

Methodology – Specsavers survey, conducted by Leger, Canadians 65+

An online survey of 2,012 Canadians, 65+ was completed between April 11th-16th, 2024, using Leger’s online panel. No margin of error can be associated with a non-probability sample (i.e. a web panel in this case). For comparative purposes, a probability sample of 2,012 respondents would have a margin of error of ±2.2%, 19 times out of 20. Leger is the largest Canadian-owned full-service market research firm.

Click HERE for the press release.

Want to see more like this article? Click here to subscribe to our FREE print magazines and e-newsletters!

Featured Posts

Voila November-December 2024 WestGroupe Kliik K-774

Striking Retro Glam by KLiiK denmark

K-774’s retro-inspired look features patterned base acetate and custom lamination on the temple, creating a striking look where colours blend seamlessly.

Learn More
Night vision technology view through a night vision device, showing a person standing on rocky terrain with trees in the background. The image is green-tinted with a grid overlay, typical of night vision imagery.

ABCs of Optics: N is for Night Vision (part 3 of 3)

Delve into the world of night vision technology. From thermal imaging to infrared systems, explore how these innovations improve our ability to see in the dark.

Read more
Specsavers logo

Specsavers Named as One of the Best Places to Work in the World

Specsavers has been ranked 16th in the Fortune World’s 25 Best WorkplacesTM in 2024.

Read more
Vision Expo new logo

NOW Trend Showcase Sees Exciting Surge in Submissions for Vision Expo East 2025 in Orlando!

Vision Expo East, organized by co-owners RX and The Vision Council, announces that submissions are now open for the highly anticipated NOW Trend Showcase and Awards at Vision Expo East 2025, taking place in Orlando, FL.

Read more
Association des optométristes du Québec logo

AOQ to Challenge Ministerial Order Compelling It to Participate in Public Health Plan

The Association des optométristes du Québec (AOQ) will take the relevant legal measures to challenge the validity of the government’s ministerial order preventing optometrists in the province from exercising a right to which they are entitled: to opt out of the public health plan.

Read more
Voila November-December 2024 WestGroupe Kliik K-774

Striking Retro Glam by KLiiK denmark

K-774’s retro-inspired look features patterned base acetate and custom lamination on the temple, creating a striking look where colours blend seamlessly.

Learn More
Night vision technology view through a night vision device, showing a person standing on rocky terrain with trees in the background. The image is green-tinted with a grid overlay, typical of night vision imagery.

ABCs of Optics: N is for Night Vision (part 3 of 3)

Delve into the world of night vision technology. From thermal imaging to infrared systems, explore how these innovations improve our ability to see in the dark.

Read More
Specsavers logo

Specsavers Named as One of the Best Places to Work in the World

Specsavers has been ranked 16th in the Fortune World’s 25 Best WorkplacesTM in 2024.

Read More
Vision Expo new logo

NOW Trend Showcase Sees Exciting Surge in Submissions for Vision Expo East 2025 in Orlando!

Vision Expo East, organized by co-owners RX and The Vision Council, announces that submissions are now open for the highly anticipated NOW Trend Showcase and Awards at Vision Expo East 2025, taking place in Orlando, FL.

Read More
Association des optométristes du Québec logo

AOQ to Challenge Ministerial Order Compelling It to Participate in Public Health Plan

The Association des optométristes du Québec (AOQ) will take the relevant legal measures to challenge the validity of the government’s ministerial order preventing optometrists in the province from exercising a right to which they are entitled: to opt out of the public health plan.

Read More
Voila November-December 2024 WestGroupe Kliik K-774

Striking Retro Glam by KLiiK denmark

K-774’s retro-inspired look features patterned base acetate and custom lamination on the temple, creating a striking look where colours blend seamlessly.

Learn More
Night vision technology view through a night vision device, showing a person standing on rocky terrain with trees in the background. The image is green-tinted with a grid overlay, typical of night vision imagery.

ABCs of Optics: N is for Night Vision (part 3 of 3)

Delve into the world of night vision technology. From thermal imaging to infrared systems, explore how these innovations improve our ability to see in the dark.

Read more
Specsavers logo

Specsavers Named as One of the Best Places to Work in the World

Specsavers has been ranked 16th in the Fortune World’s 25 Best WorkplacesTM in 2024.

Read more
Vision Expo new logo

NOW Trend Showcase Sees Exciting Surge in Submissions for Vision Expo East 2025 in Orlando!

Vision Expo East, organized by co-owners RX and The Vision Council, announces that submissions are now open for the highly anticipated NOW Trend Showcase and Awards at Vision Expo East 2025, taking place in Orlando, FL.

Read more
Association des optométristes du Québec logo

AOQ to Challenge Ministerial Order Compelling It to Participate in Public Health Plan

The Association des optométristes du Québec (AOQ) will take the relevant legal measures to challenge the validity of the government’s ministerial order preventing optometrists in the province from exercising a right to which they are entitled: to opt out of the public health plan.

Read more
Voila November-December 2024 WestGroupe Kliik K-774

Striking Retro Glam by KLiiK denmark

K-774’s retro-inspired look features patterned base acetate and custom lamination on the temple, creating a striking look where colours blend seamlessly.

Learn More
Night vision technology view through a night vision device, showing a person standing on rocky terrain with trees in the background. The image is green-tinted with a grid overlay, typical of night vision imagery.

ABCs of Optics: N is for Night Vision (part 3 of 3)

Delve into the world of night vision technology. From thermal imaging to infrared systems, explore how these innovations improve our ability to see in the dark.

Read more
Specsavers logo

Specsavers Named as One of the Best Places to Work in the World

Specsavers has been ranked 16th in the Fortune World’s 25 Best WorkplacesTM in 2024.

Read more
Vision Expo new logo

NOW Trend Showcase Sees Exciting Surge in Submissions for Vision Expo East 2025 in Orlando!

Vision Expo East, organized by co-owners RX and The Vision Council, announces that submissions are now open for the highly anticipated NOW Trend Showcase and Awards at Vision Expo East 2025, taking place in Orlando, FL.

Read more
Association des optométristes du Québec logo

AOQ to Challenge Ministerial Order Compelling It to Participate in Public Health Plan

The Association des optométristes du Québec (AOQ) will take the relevant legal measures to challenge the validity of the government’s ministerial order preventing optometrists in the province from exercising a right to which they are entitled: to opt out of the public health plan.

Read more