Advanced Drainage Systems Issues 10-Year Sustainability Goals and Fiscal Year 2021 Sustainability Report
21 Janvier 2022 - 1:30PM
Business Wire
Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the
“Company”), a leading provider of innovative water management
solutions in the stormwater and on-site septic wastewater
industries, today announced the release of its 10-year
sustainability goals in its newly launched Fiscal 2021
Sustainability Report. The report and goals can be accessed in the
sustainability section of the Company’s website, through this
link.
Scott Barbour, President and Chief Executive Officer of ADS,
commented, “We are proud to release our third annual sustainability
report, which includes our 10-year sustainability goals. This
report further demonstrates our commitment to reducing our
environmental impact, enhancing the safety of our people, creating
a diverse, inclusive and equitable workforce, and improving the
communities we touch. Through these new goals, we will reduce our
absolute greenhouse gas emissions by over 40% from our baseline,
while simultaneously increasing our use of recycled plastics by
nearly 100% over the same period.”
Barbour continued, “Sustainability is a core part of ADS. We
protect and manage water, the world’s most precious resource,
safeguarding our environment and communities. As the second largest
recycling company in North America, we are committed to advancing
quality of life and sustainable solutions to water management
challenges. The 10-year goals included in the Fiscal 2021
Sustainability Report take us a step further towards our commitment
to be a best-in-class, sustainable company.”
Highlights of the Fiscal Year 2021 Sustainability Report
include:
- 510 million pounds of recycled plastic used in our
products;
- 6% decrease in greenhouse gas emissions intensity;
- $4.5 million in capital spent on environmental, health and
safety projects; and
- Key partnerships formed with non-profit organizations that
share a commitment to recycling, water, and community.
Additional information on the 10 Year Sustainability Goals, ADS
Environmental, Social and Governance (ESG) policies and programs as
well as the Fiscal 2021 Sustainability Report may be accessed on
the ADS website at this link.
About the Company:
Advanced Drainage Systems is a leading provider of innovative
water management solutions in the stormwater and on-site septic
wastewater industries, providing superior drainage solutions for
use in the construction and agriculture marketplace. For over 50
years, the Company has been manufacturing a variety of innovative
and environmentally friendly alternatives to traditional materials.
Its innovative products are used across a broad range of end
markets and applications, including non-residential, residential,
infrastructure and agriculture applications. The Company has
established a leading position in many of these end markets by
leveraging its national sales and distribution platform, overall
product breadth and scale and manufacturing excellence. Founded in
1966, the Company operates a global network of approximately 60
manufacturing plants and 30 distribution centers. To learn more
about ADS, please visit the Company’s website at
www.adspipe.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220120005753/en/
Investor Relations Michael Higgins VP, Corporate Strategy
& Investor Relations (614) 658-0050
Mike.Higgins@adspipe.com
Advanced Drainage Systems (NYSE:WMS)
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