LCI Industries Issues Annual Corporate Sustainability Report
05 Mai 2023 - 1:00PM
Business Wire
LCI Industries (NYSE: LCII) which, through its wholly-owned
subsidiary, Lippert Components, Inc. ("Lippert"), supplies a broad
array of highly engineered components for the leading original
equipment manufacturers ("OEMs") in the recreation and
transportation product markets, and the related aftermarkets of
those industries, today issued its second annual corporate
sustainability report (“CSR Report”). The report provides an update
on Lippert’s initiatives on environmental, social and governance
(ESG) topics, such as strengthening the Company’s internal culture,
supporting local communities and reporting on material
environmental data.
“In 2022, we made great strides towards bettering the
communities we serve. Our commitment to reporting on these critical
ESG initiatives has enabled us to meaningfully measure and monitor
the progress we are making to improve the lives of our customers
and team members,” said Jason Lippert, President and CEO of
Lippert. “As an enabler to the outdoor lifestyle for recreation
enthusiasts, it is not only good citizenship for us to focus on the
actions that will enhance our world for future generations, but
it’s also good business. Advancing our culture, while at the same
time coming together as a team to make a cleaner, safer, and
happier world, remains a key priority for our leadership team. We
look forward to continuing to share this journey with our
stakeholders.”
Lippert’s second CSR Report presents the Company’s continuing
initiatives to elevate team members, as well as monitoring and
mitigating the environmental impact of our operations. Some
highlights:
- Lippert expanded its greenhouse gas (GHG) data collection
footprint from five sites in 2022 to all global sites in 2023.
- Lippert collected, and is disclosing, the entirety of its GHG
Scope 1 & Scope 2 emissions.
- Lippert conducted its first materiality assessment to identify
and address the sustainability priorities of the Company’s key
stakeholders.
- 75% of our team members participated in Lippert Cares volunteer
events as part of our 100,000 hours initiative and surpassed that
goal by 50,000 hours.
- In addition to reporting in accordance with the Sustainability
Accounting Standards Board (SASB) framework, we reported relevant
ESG data with reference to the Global Reporting Initiative (GRI)
framework for the first time.
- The latest CSR Report includes a breadth of new topics, from
product innovation to health and safety and community impacts.
The CSR Report was created with reference to the GRI framework
and in alignment with the SASB disclosure framework for the
Transportation Sector: Auto Parts industry and the Consumer Goods
Sector: Building Products and Furnishings.
“The Lippert Board of Directors has maintained its diligent
oversight of the Company’s progress towards ESG initiatives. The
Board of Directors stands to uphold the promises made in our
policies and charters so that Lippert can best achieve success and
create value,” says Tracy D. Graham, Lippert Board of Directors
Chair.
Lippert will periodically update its ESG activity on its
website, and will release its calendar year 2023 report in 2024. To
access the 2022 Lippert Corporate Sustainability Report, please
visit www.lci1.com/sustainability.
About LCI Industries
LCI Industries, through its wholly-owned subsidiary, Lippert,
supplies, domestically and internationally, a broad array of highly
engineered components for the leading OEMs in the recreation and
transportation product markets, consisting primarily of
recreational vehicles and adjacent industries, including boats;
buses; trailers used to haul boats, livestock, equipment, and other
cargo; trucks; trains; manufactured homes; and modular housing. The
Company also supplies engineered components to the related
aftermarkets of these industries, primarily by selling to retail
dealers, wholesale distributors, and service centers, as well as
direct to retail customers via the Internet. Lippert's products
include steel chassis and related components; axles and suspension
solutions; slide-out mechanisms and solutions; thermoformed bath,
kitchen, and other products; vinyl, aluminum, and frameless
windows; manual, electric, and hydraulic stabilizer and leveling
systems; entry, luggage, patio, and ramp doors; furniture and
mattresses; electric and manual entry steps; awnings and awning
accessories; towing products; truck accessories; electronic
components; appliances; air conditioners; televisions and sound
systems; tankless water heaters; and other accessories. Additional
information about Lippert and its products can be found at
www.lippert.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230505005076/en/
Lillian D. Etzkorn, CFO Phone: (574) 535-1125 E
Mail: LCII@lci1.com
LCI Industries (NYSE:LCII)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
LCI Industries (NYSE:LCII)
Historical Stock Chart
Von Jul 2023 bis Jul 2024