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We are driven by a higher purpose because we deeply care about people, our communities, and our planet. We strive to make a positive difference wherever we can because it’s simply the right thing to do. And that’s also the right thing for our business.
Flexsteel aspires to make a lasting, positive impact on the world through our business ethics, environmental initiatives, and involvement with the communities where we work and live.
Healthy Planet
Our work begins at the design phase, prioritizing low-emissions materials that are safe for our customers and healthy for our planet.
Healthy People
Our approach to protecting and safeguarding human rights starts with us and carries throughout every stage of the supply chain.
Healthy Culture
For over 100 years we’ve created policies and practices that prioritize ethics, trust, transparency, and above all—accountability.
At Flexsteel, we care deeply about protecting and improving the environment for future generations. We are determined to play our part in helping address the challenges of climate change by leading initiatives to lessen the impact our products and operations have on the environment. To date, our efforts have been directed toward laying the foundations for success: gathering data across our business and wider supply chain and strengthening our processes
Our Goal by FY2026
Current Total:
33,000
Days Left:
45
Doubling Down on Green Trees
From 13,000 to 26,000 Trees in 2025
In a steadfast commitment to our planet and future generations, Flexsteel is excited to announce our most ambitious environmental initiative yet: planting another 26,000 trees by June 30, 2025. Last year, we made a significant impact by planting 13,000 trees, and this year, we're aiming to double our efforts. Every tree planted represents a step towards a healthier, more sustainable world. Join us as we root for tomorrow, today!
Why the Longleaf Pine
is so special
How forest restoration
affects you
Where Exactly You're Helping
North Carolina
American Southeast Restoration Project
The Longleaf Pine was once the dominant tree species in the South, covering more than 90 million acres from Virginia to Texas. Early settlers gradually began clearing the forests away for agriculture and lumber around 400 years ago.
As they disappeared, these valuable trees were replaced with less expensive and faster growing varieties. Today, the Longleaf Pine covers less than 3% of its original range.
“At Flexsteel, we believe doing the right thing is always good business. That’s why we are elevating ESG as a strategic imperative, helping to create a bright future for our business, our people, and our planet.”
Katy Dickson
Flexsteel Board Member
Flexsteel is committed to reducing its carbon footprint and promoting sustainable practices in its products. By optimizing design, utilizing sustainable materials, and implementing efficient packaging practices, the company aims to create a healthier world for future generations.
By working with Minimum, the Enterprise Carbon Management Platform, Flexsteel calculates greenhouse gas (GHG) emissions for all assets under its operational control for 2022.
By the end of 2023, Flexsteel plans to assess its Scope 3 footprint and publish an updated GHG inventory.
Flexsteel is committed to sustainable materials and practices, with a focus on sourcing responsibly from suppliers. In the 2023 fiscal year, a comprehensive database of sourced Flexsteel products with wood fiber was developed, ensuring the amount of sustainable wood used in their products.
Our company prioritizes timber and wood fiber that is legally harvested and sourced responsibly using environmentally and socially sustainable forestry practices. To ensure consistency in their approach, the company has set three wood fiber standards:
Best (FSC Certified Wood)
Better (PEFC, SFI, or FSC Controlled Wood)
Good (wood certified by a local or national authority in countries with low risk of illegal logging).
In the 2023 fiscal year, 21% of wood was sourced from third-party certified forestlands, while 11% was classified as Best and 10% as Good. The remaining wood was legally logged under the requirements of the Lacey Act.
Flexsteel plans to expand its database to include all materials and packaging used in all products, providing transparency on environmentally responsible options for future product development. Additionally, Flexsteel is working to establish new eco-packaging standards, such as replacing Styrofoam with honeycomb cardboard, which reduces waste and enhances customer convenience while maintaining high quality.
100%
Suppliers completed the Conflict Minerals Survey
21%
Wood fiber from third-party-certified forestlands
79%
Wood fiber wood legally logged in compliance
Flexsteel is committed to a sustainable and efficient use of Earth's resources. We have developed a formal Environmental Policy to achieve key goals, including compliance, awareness and culture, stakeholder engagement, performance monitoring and reporting, and resource efficiency.
By following this policy, Flexsteel aims to reduce environmental impact and encourage others to join in the mission. Key metrics for 2022 provide insight into energy and water usage, enabling the company to improve efficiency and resource utilization. By working together, Flexsteel can contribute to a greener, more sustainable future.
114,670
Gigajoules (GJ)
Total energy consumed
9,869
MWh
Grid electricity consumed
0%
Renewably sourced energy
21.75
MWh
per millions $ of sales
Water Consumption
45,647
Gallons
Total water consumed
100.6 M³
Water Intensity
per $ millions of sales
Sustainable goods are designed and built to reduce environmental damage and promote a circular economy. Flexsteel uses uniform parts and a replacement parts program, promoting the circular economy and extending the life of products.
This year, we introduced innovative products like the Sky and Flex seating lines, using sustainable wood and recycled materials. The Sustainable Forestry Initiative (SFI) ensures that the wood comes from responsibly managed forests.
Sky furniture features CloudLux, a nontoxic and long-lasting material made from recycled plastic bottles. Flex seating also comes in two fabrics made from recycled materials, LiveSmart Evolve polyester and post-consumer plastic bottles.
Flexsteel aims to meet the growing demand for environmentally friendly home furnishings and achieve sustainability goals in all new products.
Flexsteel is committed to ensuring chemical safety and environmental responsibility by adhering to strict standards, tests, and processes.
We collaborate with a third-party laboratory to establish guidelines for restricted substances and emissions in their products.
Flexsteel obtains TSCA Title VI/CANFER compliance records annually for manufactured wood and conduct regulatory retesting every three years to exceed ambitious targets.
Flexsteel is committed to creating an environment where every member feels a sense of belonging and valued. We prioritize diversity and equal opportunity, considering all qualified applicants regardless of race, color, religion, sex, sexual orientation, gender identity, age, national origin, protected veteran status, or disability status.
Flexsteel plans to enhance equal employment opportunity plans to nurture core values for today's employees and future generations.
100%
of U.S. professional employees completed mandatory DEI training
30%
of women in the workforce
11%
of women in executive management
38%
of women on our Board
20%
racial/ethnic minorities in executive management, by minority categorization
34%
racial/ethnic minorities in the workforce, by minority categorization
In order to fulfill its obligation to provide a safe and encouraging work environment, Flexsteel places a high priority on the security and well-being of its employees. Flexsteel's Health and Safety Statement sets specific guidelines for upholding a courteous and safe working environment free from harassment, violence, and discrimination.
Each location has an own safety program with procedures for posting safety notices, reporting incidents, and managing staff. Employees can contact the Compliance Line to express concerns.
In order to promote ongoing safety improvement, Flexsteel offers official and informal safety training sessions while tracking Total Recordable Incident Rates (TRIR) and Lost Time Incident Rates (LTIR).
In order to ensure a thorough and uniform approach to health and safety throughout the organization, the corporation wants to develop a global program that complies with international requirements.
92%
completion of health and safety training
Flexsteel is dedicated to ensuring the quality and safety of our products, as they will spend a longer time in customers' homes than in factories.
We prioritize high standards throughout the manufacturing process, implementing comprehensive testing programs for product, safety, and compliance. We empower employees to raise concerns, execute root cause analysis, and develop corrective action plans.
Flexsteel also meets or surpasses U.S. Consumer Product Safety Commission (CPSC) regulations, ensuring our products protect customer well-being and ensure furniture can be passed down from generation to generation.
0
recall requests
0
units recalled
15 out of 27
of the factories we work with hold ISO 9001 certification, which sets out quality management systems standards
Flexsteel's supply chain is crucial for its long-term interests, with over 60% of products manufactured by third-party suppliers. Ensuring that ESG initiatives align with these partners' standards is essential for mutual long-term success. This year, Flexsteel launched an enhanced environmental and social audit program for suppliers, aiming to meet stringent requirements and align with internationally recognized benchmarks for ethical and sustainable practices. The program includes supplier environmental management system certifications and 75 audit points based on SA8000 and Sedex Members Ethical Trade Audit (SMETA). Flexsteel also conducts thorough evaluations of new suppliers, focusing on their adherence to industry best practices and standards.
In 2022, Flexsteel introduced a new training program to enhance suppliers' understanding of ESG initiatives and audit and corrective action processes. This training educates suppliers on FSC documentation requirements, renewable consumption data collection, and guidelines on sharing environmental policy and waste management systems. Existing suppliers have completed the training, demonstrating their commitment to continuous improvement.
Additional training is provided to suppliers on specific items outlined in corrective action plans, enabling them to take prompt and effective steps towards rectification if necessary. By implementing these measures, Flexsteel aims to create a supply chain that promotes social responsibility and environmental stewardship.
100%
completion of supplier training
100%
of our Tier 1 suppliers have been audited with our ESG Audit with no critical or major infractions
ETHICS & INTEGRITY
For well over a century, Flexsteel Industries, Inc. has built a reputation for integrity and high standards of business conduct. The Company and the world in which we operate continue to change dynamically. Despite all the change, one thing is constant; integrity remains a core value at Flexsteel. To demonstrate our commitment to lawful and ethical conduct, Flexsteel has adopted Guidelines for Business Conduct.
We encourage anyone concerned about potential misconduct, non-compliance with our policies, applicable guidelines for business conduct, or potential violations of laws and/or regulations to seek help or raise a concern by submitting a report using the Flexsteel Ethics Line. The Flexsteel Ethics Line is managed independently of Flexsteel, with worldwide support and allows you to raise a concern anonymously, if you prefer.
The Flexsteel Ethics Line allows Individuals to report their concerns in confidence and is available 24/7 by calling:
Our Board of Directors is currently comprised of seven directors – five are male and two are female. Among them, six directors are classed as independent, while one is an executive director. Their diverse backgrounds, experiences, and perspectives contribute to the strength of our company, and we are committed to maintaining and expanding this diversity at the highest level.
The Nominating and Governance Committee evaluates nominees for Board positions, focusing on experience, ethical standards, integrity, and shareholder interests. Diversity is a critical consideration, with structured recruitment methods and periodic examinations.
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