This past year has been marked by significant achievements and progress, which we are proud to share.
Our economic performance in 2023 was robust, with revenues reaching over 10 million EUR and significant investments in our workforce's development and welfare. This growth underscores our strong market presence and successful business strategies. Additionally, we have significantly reduced our employee turnover rate by 48%, highlighting our commitment to employee satisfaction and stability.
We are also proud to report improvements in gender diversity within our governance roles, with female representation increasing by 6%, reaching 53% in 2023. This demonstrates our ongoing dedication to promoting gender diversity and inclusion at all levels of our organization.
Sustainability remains at the core of our operations. We have reduced our non-renewable material and electricity consumption per lens by 20%. Additionally, our packaging waste per lens decreased by 45% due to small but smart and impactful changes. These reductions highlight our continuous efforts to minimize our environmental impact and promote sustainable practices.
Bod Lenses remains a leading force in the B2B optical lenses market, with our laboratory in Vilnius, Lithuania being the largest in the Baltic region and Northern Europe. Our focus on technology and cooperation has allowed us to expand our distribution network across more than 25 countries, exporting over 80% of our products.
The whole report can be downloaded here:
2023 BOD Lenses Sustainability Report.pdf
According to EU Corporate sustainability reporting directive (CSRD) Bod Lenses falls into the category of companies that will be obligated by law to report its activities in 2027 (for 2026). Though, Bod Lenses has shown its dedication to sustainability well in advance of it becoming a legal requirement. Our team has created an initial Sustainability report for 2022 guided by insights and know-how. This report serves as a snapshot of our ongoing initiatives, marking the starting point of our journey towards progress.
Bod Lenses holistic sustainability approach includes not only the main purpose of sustainability – taking care of environment through renewable energy, CO2 and waste reduction, but also yield benefits for our customers:
At Bod Lenses we strive to set an example and inspire positive change. As our CEO Vytautas Tuminas says: “I invite all stakeholders to join us in this endeavor, as together, we can make a meaningful impact on the world around us.”
2022 BOD Lenses Sustainability Report.pdf
Order of Malta Relief Organization, Seniors of Lithuania received gifts from BOD lenses, including vision tests and free reading glasses.
BOD Lenses came up with an idea to take care of Lithuanian seniors' eye health. The company's employees initiated the 'Pie Day' during which the donations were made for the relief organization. Later the collected fund of contributions was increased by the BOD Lenses enterprise. BOD Lenses employees suggested the idea of collecting donations, and it has developed into a great initiative with the Order of Malta Relief Organization. During this social responsibility campaign, the elderly of Lithuania received a free eye vision test and eyeglasses.
After the check-up, we found out that most seniors require reading glasses. As a result, we manufactured high-quality glasses and donated them to seniors.
Read more here:
An increasing number of businesses help Ukrainian refugees in various ways, and BOD lenses also took such initiative.
After taking care of the elderly vision, the new action supporting the war-affected people of Ukraine was implemented. All Ukrainians who have arrived in Lithuania seeking asylum can already receive the free eye vision test in every Fielmann eyeglasses store across Lithuania when proving their refugee status by confirming the required documents. In Fielmann optical store, Ukrainians will be gifted eyeglasses frames, and further maintenance of vision will be ensured. Also, the eye lenses that doctors prescribe will be manufactured for free.
Around 900 Ukrainian refugees who came to Lithuania have already benefited from this initiative, and the number of people who express interest in this offer is increasing rapidly.