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Cavco Industries Releases 2024 Enviornmental, Social and Governance

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Cavco Industries (Nasdaq: CVCO) has released its 2024 Environmental, Social and Governance Report, highlighting the company's commitment to affordable housing solutions, environmental sustainability, and transparent governance practices. The report showcases Cavco's strategic initiatives, including:

- Company growth and design innovations
- Safety data and community engagement efforts
- Environmental programs like the Glendale Solar Power Initiative
- Adoption of the Sustainability Accounting Standards Board (SASB) reporting framework

CEO Bill Boor emphasized Cavco's 60-year role in providing affordable homes and its dedication to advancing the manufactured housing industry. The report reflects Cavco's core values and steps taken to foster market growth, operational excellence, team member success, and governance improvements.

Cavco Industries (Nasdaq: CVCO) ha pubblicato il suo Rapporto Ambientale, Sociale e di Governance 2024, evidenziando l'impegno dell'azienda verso soluzioni abitative accessibili, sostenibilità ambientale e pratiche di governance trasparenti. Il rapporto mette in mostra le iniziative strategiche di Cavco, tra cui:

- Crescita aziendale e innovazioni nel design
- Dati sulla sicurezza e sforzi di coinvolgimento della comunità
- Programmi ambientali come l'Iniziativa Solare di Glendale
- Adozione del framework di reporting degli Standard di Contabilità per la Sostenibilità (SASB)

Il CEO Bill Boor ha sottolineato il ruolo di Cavco nei suoi 60 anni di attività nella fornitura di abitazioni accessibili e la sua dedizione a promuovere l'industria delle case prefabbricate. Il rapporto riflette i valori fondamentali di Cavco e i passi compiuti per favorire la crescita del mercato, l'eccellenza operativa, il successo dei membri del team e i miglioramenti nella governance.

Cavco Industries (Nasdaq: CVCO) ha publicado su Informe 2024 sobre Medio Ambiente, Social y Gobernanza, destacando el compromiso de la empresa con soluciones de vivienda asequibles, sostenibilidad ambiental y prácticas de gobernanza transparentes. El informe muestra las iniciativas estratégicas de Cavco, incluyendo:

- Crecimiento de la empresa e innovaciones en el diseño
- Datos de seguridad y esfuerzos de participación comunitaria
- Programas ambientales como la Iniciativa de Energía Solar de Glendale
- Adopción del marco de informes de la Junta de Normas de Contabilidad de Sostenibilidad (SASB)

El CEO Bill Boor enfatizó el papel de 60 años de Cavco en la provisión de viviendas asequibles y su dedicación a avanzar en la industria de la vivienda manufacturada. El informe refleja los valores centrales de Cavco y los pasos dados para fomentar el crecimiento del mercado, la excelencia operativa, el éxito de los miembros del equipo y las mejoras en la gobernanza.

캐브코 인더스트리(Cavco Industries, Nasdaq: CVCO)는 2024 환경, 사회, 거버넌스 보고서를 발표하여 합리적인 주택 솔루션, 환경 지속 가능성 및 투명한 거버넌스 관행에 대한 회사의 약속을 강조했습니다. 이 보고서는 캐브코의 전략적 이니셔티브를 보여줍니다, 그 중에는:

- 기업 성장과 디자인 혁신
- 안전 데이터 및 지역 사회 참여 노력
- 글렌데일 태양광 발전 이니셔티브와 같은 환경 프로그램
- 지속 가능성 회계 기준 위원회(SASB) 보고 프레임워크의 채택

CEO 빌 부어(Bill Boor)는 60년 동안 합리적인 주택을 제공한 캐브코의 역할과 제조 주택 산업을 발전시키기 위한 헌신을 강조했습니다. 이 보고서는 캐브코의 핵심 가치와 시장 성장, 운영 우수성, 팀 구성원의 성공 및 거버넌스 개선을 촉진하기 위해 취한 조치를 반영합니다.

Cavco Industries (Nasdaq: CVCO) a publié son Rapport Environnemental, Social et de Gouvernance 2024, mettant en avant l'engagement de l'entreprise envers des solutions de logement abordables, la durabilité environnementale et des pratiques de gouvernance transparentes. Le rapport présente les initiatives stratégiques de Cavco, y compris :

- Croissance de l'entreprise et innovations en matière de design
- Données de sécurité et efforts d'engagement communautaire
- Programmes environnementaux tels que l'Initiative Solaire de Glendale
- Adoption du cadre de reporting du Sustainability Accounting Standards Board (SASB)

Le PDG Bill Boor a souligné le rôle de 60 ans de Cavco dans la fourniture de logements abordables et son engagement à faire progresser l'industrie du logement préfabriqué. Le rapport reflète les valeurs fondamentales de Cavco et les mesures prises pour favoriser la croissance du marché, l'excellence opérationnelle, le succès des membres de l'équipe et les améliorations en matière de gouvernance.

Cavco Industries (Nasdaq: CVCO) hat seinen Umwelt-, Sozial- und Governance-Bericht 2024 veröffentlicht, in dem das Engagement des Unternehmens für erschwingliche Wohnlösungen, Umweltverträglichkeit und transparente Governance-Praktiken hervorgehoben wird. Der Bericht zeigt die strategischen Initiativen von Cavco, einschließlich:

- Unternehmenswachstum und Designinnovationen
- Sicherheitsdaten und Engagement in der Gemeinschaft
- Umweltprogramme wie die Glendale Solar Power Initiative
- Einführung des Reporting-Rahmens des Sustainability Accounting Standards Board (SASB)

CEO Bill Boor betonte die 60-jährige Rolle von Cavco in der Bereitstellung von erschwinglichem Wohnraum und sein Engagement zur Förderung der Fertighausindustrie. Der Bericht spiegelt die Kernwerte von Cavco wider sowie die Schritte, die zur Förderung des Marktwachstums, operativer Exzellenz, des Erfolgs der Teammitglieder und der Verbesserung der Governance unternommen wurden.

Positive
  • Adoption of SASB reporting framework for improved ESG transparency
  • Implementation of environmental programs like the Glendale Solar Power Initiative
  • Long-term commitment to advancing the manufactured housing industry
  • Focus on providing affordable housing solutions
Negative
  • None.

Cavco Industries unveils its 2024 Environmental, Social and Governance Report, emphasizing its dedication to affordable housing solutions, environmental sustainability and transparent governance practices.

Plano, TX, Oct. 22, 2024 (GLOBE NEWSWIRE) --



For additional information, contact:
Mark Fusler
Corporate Controller and Investor Relations
investor_relations@cavco.com
News ReleasePhone: 602-256-6263
On the Internet: www.cavcohomes.com

FOR IMMEDIATE RELEASE

CAVCO INDUSTRIES RELEASES 2024 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT

Cavco Industries unveils its 2024 Environmental, Social and Governance Report, emphasizing its dedication to affordable housing solutions, environmental sustainability and transparent governance practices.

PHOENIX, Ariz., October 22, 2024 (GLOBE NEWSWIRE) – Cavco Industries, Inc. (Nasdaq: CVCO) is proud to announce the release of its 2024 Environmental, Social and Governance Report (ESG). The report provides insights into Cavco’s strategic initiatives to advance innovative affordable housing solutions while upholding high standards of business, environmental and social responsibility.

Key highlights include company growth, design innovations, safety data and community engagement efforts. The report also details Cavco’s environmental programs, like the Glendale Solar Power Initiative, and the company’s adoption of the Sustainability Accounting Standards Board (SASB) reporting framework to improve transparency in ESG disclosures.

“For nearly 60 years, Cavco has played a pivotal role in building affordable homes that provide security, stability and wealth-building opportunities for families,” said Bill Boor, President and CEO of Cavco Industries. “This year’s report underscores our long-term commitment to advancing the manufactured housing industry, adhering to ethical business practices, promoting social responsibility and helping more people achieve their dreams of homeownership.”

The 2024 ESG report reflects Cavco’s core values, showcasing meaningful steps taken to foster market growth, operational excellence, team member success and governance improvements. The full report is available at https://investor.cavco.com/general-documents/. For more information about Cavco’s environmental, social and governance (ESG) efforts, visit https://www.cavcohomes.com/esg.

About Cavco
Cavco Industries, Inc., headquartered in Phoenix, Arizona, designs and produces factory-built housing products primarily distributed through a network of independent and Company-owned retailers. We are one of the largest producers of manufactured and modular homes in the United States, based on reported wholesale shipments. Our products are marketed under a variety of brand names including Cavco, Chariot Eagle, Colony, Commodore, Destiny, Durango, Fairmont, Fleetwood, Friendship, Manorwood, MidCountry, Nationwide, Palm Harbor, Pennwest, R-Anell and Solitaire. We are also a leading producer of park model RVs, vacation cabins and factory-built commercial structures. Cavco’s finance subsidiary, CountryPlace Mortgage, is an approved Fannie Mae and Freddie Mac seller/servicer and a Ginnie Mae mortgage-backed securities issuer that offers conforming mortgages, non-conforming mortgages and home-only loans to purchasers of factory-built homes. Our insurance subsidiary, Standard Casualty, provides property and casualty insurance to owners of manufactured homes.


FAQ

What are the key highlights of Cavco Industries' 2024 ESG Report?

The key highlights of Cavco Industries' 2024 ESG Report include company growth, design innovations, safety data, community engagement efforts, environmental programs like the Glendale Solar Power Initiative, and the adoption of the SASB reporting framework for improved ESG transparency.

How long has Cavco Industries (CVCO) been in the affordable housing industry?

According to the press release, Cavco Industries has been playing a pivotal role in building affordable homes for nearly 60 years, providing security, stability, and wealth-building opportunities for families.

What environmental initiative did Cavco Industries (CVCO) mention in their 2024 ESG Report?

Cavco Industries mentioned the Glendale Solar Power Initiative as one of their environmental programs in the 2024 ESG Report.

What reporting framework did Cavco Industries (CVCO) adopt for their ESG disclosures?

Cavco Industries adopted the Sustainability Accounting Standards Board (SASB) reporting framework to improve transparency in their ESG disclosures.

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