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.

Everything we do at Michaels starts with our purpose: to fuel the joy of creativity and celebration. That purpose inspires us not only in the products we offer and the experiences we create for our customers, but also in the responsibility we have to our Team Members, our communities, and our planet.
In 2024, we made meaningful progress on our sustainability journey. We were honored to be named an ENERGY STAR® Partner as we continued to improve the efficiency of our operations, with nearly all of our facilities now equipped with energy-efficient lighting and dozens more of our stores receiving ENERGY STAR certification. At the same time, we expanded our recycling and waste diversion efforts, reduced our water and energy use, and implemented smarter systems and technology that make us more sustainable for the long term.
Our Team Members also supported one another through Michaels CARES, which provided vital assistance to colleagues facing hardships, and by giving back to the communities where we live and work. Together, their generosity contributed hundreds of thousands of dollars that helped teammates navigate difficult times and neighbors thrive.
These steps are the result of intentional choices rooted in our values: putting people first, doing the right thing, holding ourselves accountable, and working better together. Just as we encourage creativity without limits, we are committed to continuous improvement without compromise — making Michaels a place where sustainability is woven into the fabric of how we operate.
This report highlights our progress, but our journey continues. Thank you for your support as we work to create not just the best place for all things creative, but also a company that makes a lasting positive impact on the world around us.
David Boone, CEO
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

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

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
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