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ESG at Michaels

Corporate Sustainability at Michaels

Making a difference

At Michaels, we believe in the value of environmentally sound business practices and caring for our communities. Our sustainability efforts relate to and reinforce our core values, especially those of “doing the right thing,” “holding ourselves accountable,” and “putting people first” . We are committed to providing a safe environment for our Team Members and fostering a strong sense of stewardship. We are proud of our partnerships that aim to empower our maker community throughout North America and beyond.

ESG at Michaels

“For decades, Michaels has been home to a community of makers supporting one another’s creative passions. Our sustainability programs are a natural progression from our Company’s core values, which have been in place since the start. I firmly support our commitment to driving positive, lasting change and supporting our Team Members, who are integral to our Company’s mission.”

-Ashley Buchanan, CEO

Our Planet

42.6%

of non-hazardous waste was recycled in 2023

2.5 Million

kWh of renewable energy consumed in 2023

We believe in the value of environmentally sound business practices throughout our operations. As part of our continued commitment to corporate responsibility, Michaels has long pursued initiatives that are good for the environment and our profitability. Learn more about our environmental sustainability program

ESG at Michaels

We’ve outfitted 99% of our facilities with energy efficient lighting to reduce our carbon footprint

71%

of our Team Members self-identify as women

$3.5 Million

in assistance has been granted to our Team Members through our Michaels CARES employee assistance program

At Michaels, we care about people and want to ensure our customers, partners, and Team Members are treated fairly and with respect. As a result, we have implemented multiple policies and programs to foster communication with Team Members, customers, and business partners in our supply chain. Learn more about our social responsibility program

ESG at Michaels

Our People

We maintain 8 Michaels Resource Groups to celebrate our diverse population

Our Principles

We put
people first

We’re better
together

We do the
right thing

We’re always
improving our craft

We hold ourselves
accountable

Our corporate values guide not only Michaels Team Members at work, but also the way that we make decisions at the highest levels of the company. Michaels has a detailed corporate governance apparatus to ensure that our stakeholders, internally and externally, act ethically, responsibly, and with the Company’s best interests in mind. Our Board of Directors is directly involved in corporate sustainability topics, including inclusion and diversity, cybersecurity/data privacy, health and safety, and sustainability disclosure. The directors regularly receive updates on these topics and provide counsel and guidance for senior management. Learn more about our dependable governance program

Our Policies