Celebrating Earth Day, ADS Signs Commitment to Set Science Based Targets for Greenhouse Gas Emissions
21 April 2022 - 02:37PM
Business Wire
Water Management Solutions Provider Targets 42%
Reduction in Greenhouse Gas Emissions
Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS) today
announced that in celebration of Earth Day, Scott Barbour,
President and Chief Executive Officer signed a commitment to pursue
Science Based Targets (SBTs) to reduce the Company’s greenhouse gas
emissions.
“ADS’ commitment to reducing overall greenhouse gas emissions
reflects the Company’s broader goal to continue making progress on
environmental stewardship initiatives,” Barbour stated. “We are
proud to join the more than 2,000 businesses that are working with
the Science Based Targets initiative to reduce emissions in line
with climate science. I believe this goal fits in perfectly with
this year’s Earth Day theme of ‘Invest in our planet’.”
The Science Based Targets initiative is a partnership between
the Carbon Disclosure Project, the United National Global Compact,
World Resources Institute and the World Wide Fund for Nature. This
partnership is working to mobilize the private sector to limit
global warming to 1.5°C and prevent the worst effects of climate
change. More information can be found at
https://sciencebasedtargets.org.
ADS is the second largest plastic recycler in North America,
making the Company a natural leader in sustainability initiatives.
Today’s announcement is part of a broader set of 10-year
sustainability goals the Company issued in January 2022, including
a commitment to nearly double its consumption of recycled material
to one billion pounds and implementing closed-loop water usage at
all manufacturing locations.
“At ADS, our reason is water. Our 10-year sustainability goals,
highlight our continued commitment to sustainability, including
reducing the impact of our energy footprint and safeguarding the
land at our sites, while helping to manage the world’s most
precious resource, water,” Barbour explained.
More about the company’s 10 Year sustainability goals can be
found at: www.sustainability.ads-pipe.com/
Additional information about ADS can be found at:
www.adspipe.com
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 63 manufacturing
plants and 32 distribution centers. To learn more about ADS, please
visit the Company’s website at www.adspipe.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220421005651/en/
Marketing Tori Durliat 419-424-8275
tori.durliat@adspipe.com
Investor Relations Michael Higgins 614-658-0050
mike.higgins@adspipe.com
Advanced Drainage Systems (NYSE:WMS)
Historical Stock Chart
Von Feb 2024 bis Mär 2024
Advanced Drainage Systems (NYSE:WMS)
Historical Stock Chart
Von Mär 2023 bis Mär 2024