ABM Named Among Barron’s 100 Most Sustainable Companies for Second Consecutive Year

Rhea-AI Summary

ABM (NYSE: ABM), a top provider of integrated facility services, has been named among Barron's 100 Most Sustainable Companies for 2024. This marks the second consecutive year ABM has received this honor, highlighting its strong environmental sustainability performance among the 1,000 largest publicly traded companies in the U.S.

The recognition emphasizes ABM's commitment to innovative, environmentally sustainable practices, including on-site renewable electricity, energy-reducing infrastructure upgrades, EV fleet charging solutions, zero-waste certifications, and the use of certified green building supplies. Barron's, along with Calvert Research and Management, assessed companies based on their impact on shareholders, employees, customers, the community, and the planet, analyzing over 230 sustainability indicators.

Positive

• ABM named among Barron's 100 Most Sustainable Companies for the second consecutive year.
• Recognition underscores ABM's commitment to environmental sustainability.
• Contributes to renewable electricity generation and storage.
• Implements energy-reducing infrastructure upgrades.
• Provides comprehensive EV charging solutions.
• Supports zero-waste certifications and uses environmentally certified supplies.
• Assessment by Barron's and Calvert Research evaluates over 230 sustainability indicators.

Negative

• No direct financial gains or stock performance improvements indicated from the recognition.
• Awards and recognitions do not guarantee future financial performance or stock appreciation.

NEW YORK, May 31, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, today announced it has been named by Barron’s as among the 100 Most Sustainable Companies for 2024. This is the second consecutive year ABM has been named to the list, which recognizes outstanding environmental sustainability performance among the 1,000 largest publicly traded companies in the United States.

“With environmental sustainability a top priority for us and many of our clients, we are thrilled to once again be named one of the 100 most sustainable companies in the United States,” said Scott Salmirs, President and Chief Executive Officer of ABM. “This recognition is a testament to our unwavering commitment to developing innovative solutions and integrating environmentally sustainable practices across our operations, ensuring we embrace our role of responsibly taking care of the people, spaces, and places that matter most.”

One of the world’s largest providers of facility services and solutions across the U.S., U.K., and Ireland, ABM has designed solutions to support client sustainability and carbon neutrality plans, including:

• Providing on-site renewable electricity generation and storage sources
• Energy-reducing facility infrastructure upgrades
• Comprehensive electric vehicle and fleet charging design, infrastructure, and maintenance
• Supporting zero-waste certifications processes
• Using environmentally certified supplies that meet green building certification requirements
• Turnkey microgrid power solutions

Barron’s collaborated with Calvert Research and Management, a leader in sustainable investing, to evaluate the largest publicly traded companies by market value. The thorough evaluation process included ranking each company based on its performance for five key constituencies – shareholders, employees, customers, community, and the planet – and analyzing over 230 sustainability performance indicators.

Click here to learn more about ABM’s environmental sustainability leadership.

About ABM

ABM (NYSE: ABM) is one of the world’s largest providers of facility services and solutions. A driving force for a cleaner, healthier and more sustainable world, ABM provides essential services and forward-looking performance solutions that improve the spaces and places that matter most. From curbside to rooftop, ABM’s comprehensive services include janitorial, engineering, parking, electrical and lighting, energy and electric vehicle charging infrastructure, HVAC and mechanical, landscape and turf, and mission critical solutions. ABM serves a wide range of industries—from commercial office buildings to universities, airports, hospitals, data centers, manufacturing plants and distribution centers, entertainment venues and more. Founded in 1909, ABM serves over 20,000 clients, with annualized revenue exceeding $8 billion and more than 100,000 team members in 350+ offices throughout the United States, United Kingdom, Republic of Ireland and other international locations. For more information, visit www.abm.com.

MEDIA CONTACT:

ABM
Michael Valentino
media@abm.com

FAQ

What recognition did ABM receive in 2024?

ABM was named among Barron's 100 Most Sustainable Companies for 2024.

How many times has ABM been included in Barron's 100 Most Sustainable Companies list?

ABM has been included in the list for two consecutive years.

What kind of services does ABM provide?

ABM provides integrated facility services, infrastructure solutions, and parking management.

Who collaborated with Barron's to evaluate the companies for the sustainability list?

Barron's collaborated with Calvert Research and Management to evaluate the companies.

What sustainability practices does ABM implement?

ABM implements renewable electricity generation, energy-reducing upgrades, EV charging solutions, zero-waste certifications, and uses green building supplies.

What sectors did the evaluation process consider for the sustainability ranking?

The evaluation considered the impact on shareholders, employees, customers, the community, and the planet.