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Greenbrier Issues 2024 Sustainability Update

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Greenbrier (NYSE:GBX) has released its 2024 Sustainability Update, 'On Track Together,' highlighting significant environmental and social achievements. The company recycled 25,000 tons of materials through railcar restoration and increased its recycled steel usage to 56% for new manufacturing. Notable achievements include 35% renewable energy usage in U.S. operations and nearly $800,000 in charitable giving. The report received multiple sustainability recognitions from major railway companies and media organizations. Greenbrier achieved a 94% response rate in its global employee survey and implemented new risk management systems for compliance monitoring. The company plans to transition to ISSB's IFRS S1 and S2 standards following TCFD's disbandment in 2024.

Greenbrier (NYSE:GBX) ha pubblicato il suo Aggiornamento sulla Sostenibilità 2024, 'Insieme sulla buona strada', evidenziando significativi risultati ambientali e sociali. L'azienda ha riciclato 25.000 tonnellate di materiali attraverso il ripristino dei vagoni ferroviari e ha aumentato l'uso di acciaio riciclato al 56% per la nuova produzione. I risultati notevoli includono un 35% di utilizzo di energia rinnovabile nelle operazioni negli Stati Uniti e quasi 800.000 dollari in donazioni caritative. Il rapporto ha ricevuto numerosi riconoscimenti per la sostenibilità da importanti compagnie ferroviarie e organizzazioni media. Greenbrier ha raggiunto un 94% di tasso di risposta nel suo sondaggio globale tra i dipendenti e ha implementato nuovi sistemi di gestione del rischio per il monitoraggio della conformità. L'azienda prevede di passare agli standard IFRS S1 e S2 dell'ISSB dopo la dismissione del TCFD nel 2024.

Greenbrier (NYSE:GBX) ha lanzado su Actualización de Sostenibilidad 2024, 'En Caminos Conjuntos', destacando importantes logros ambientales y sociales. La empresa recicló 25,000 toneladas de materiales a través de la restauración de vagones y aumentó su uso de acero reciclado al 56% en nuevas producciones. Entre los logros destacados se incluyen un 35% de uso de energía renovable en las operaciones de EE. UU. y casi 800,000 dólares en donaciones benéficas. El informe recibió múltiples reconocimientos de sostenibilidad de importantes compañías ferroviarias y organizaciones de medios. Greenbrier logró una tasa de respuesta del 94% en su encuesta global de empleados e implementó nuevos sistemas de gestión de riesgos para el monitoreo de cumplimiento. La empresa planea transitar a los estándares IFRS S1 y S2 del ISSB tras la disolución del TCFD en 2024.

그린브라이어 (NYSE:GBX)는 2024년 지속 가능성 업데이트인 '함께 나아가기'를 발표하며 중요한 환경 및 사회적 성과를 강조했습니다. 이 회사는 25,000톤의 자재를 철도 차 대수 복원으로 재활용했으며 새로운 제조를 위해 재활용 강철 사용을 56%로 늘렸습니다. 주목할 만한 성과로는 미국 운영에서의 35% 재생 가능 에너지 사용과 거의 800,000달러의 자선 기부가 있습니다. 이 보고서는 주요 철도 회사와 미디어 조직으로부터 여러 지속 가능성 인정을 받았습니다. 그린브라이어는 글로벌 직원 설문조사에서 94%의 응답률을 달성했으며, 준수 모니터링을 위한 새로운 위험 관리 시스템을 구현했습니다. 이 회사는 2024년에 TCFD의 해체 이후 ISSB의 IFRS S1 및 S2 기준으로 전환할 계획입니다.

Greenbrier (NYSE:GBX) a publié sa mise à jour sur la durabilité 2024, 'En bonne voie ensemble', mettant en évidence des réalisations environnementales et sociales significatives. L'entreprise a recyclé 25 000 tonnes de matériaux grâce à la restauration de wagons et a augmenté son utilisation d'acier recyclé à 56% pour la fabrication. Les réalisations notables incluent un 35% d'utilisation d'énergie renouvelable dans ses opérations aux États-Unis et près de 800 000 dollars en dons caritatifs. Le rapport a reçu de multiples reconnaissances en matière de durabilité de la part des principales entreprises ferroviaires et des organisations médiatiques. Greenbrier a atteint un 94% de taux de réponse à son enquête mondiale sur les employés et a mis en place de nouveaux systèmes de gestion des risques pour le suivi de la conformité. L'entreprise prévoit de passer aux normes IFRS S1 et S2 de l'ISSB après la dissolution du TCFD en 2024.

Greenbrier (NYSE:GBX) hat sein Nachhaltigkeitsupdate 2024, 'Gemeinsam auf Kurs', veröffentlicht und dabei bedeutende umweltliche und soziale Errungenschaften hervorgehoben. Das Unternehmen hat 25.000 Tonnen Materialien durch die Restaurierung von Güterwagen recycelt und den Einsatz von recyceltem Stahl für die Neuproduktion auf 56% erhöht. Zu den bemerkenswerten Erfolgen gehören 35% erneuerbare Energie in den US-Betrieben und nahezu 800.000 Dollar an gemeinnützigen Spenden. Der Bericht erhielt mehrere Auszeichnungen für Nachhaltigkeit von großen Eisenbahnunternehmen und Medienorganisationen. Greenbrier erzielte eine 94% Rücklaufquote in seiner globalen Mitarbeiterumfrage und implementierte neue Risikomanagementsysteme zur Überwachung der Compliance. Das Unternehmen plant den Übergang zu den IFRS S1 und S2 Standards des ISSB nach der Auflösung des TCFD im Jahr 2024.

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The Company's first interim data refresh report

External recognitions support sustainability performance

LAKE OSWEGO, Ore., Nov. 13, 2024 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE:GBX) ("Greenbrier") released its 2024 Sustainability Update, On Track Together. The 2024 interim report provides updates to Greenbrier's key sustainability issues on the topics of Safety & Quality, People, Environmental Sustainability, Governance & Ethics and Communities.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/greenbrier/9299952-en-greenbrier-2024-sustainability-update-on-track-together

In fiscal 2024, GBX's renewable energy use was <percent>35%</percent> across the U.S.

Highlights from On Track Together include:

  • Greenbrier reused, reclaimed or recycled 25,000 tons of materials through its programmatic railcar restoration activities, including Sustainable ConversionsTM.
  • Employees provided a global response rate of 94% to its 2024 survey, which solicited feedback and provided insight into employee perceptions and areas for improvement.
  • Local communities received nearly $800,000 through Greenbrier's charitable giving efforts.
  • The total share of recycled steel purchased for new railcar manufacturing increased to 56%.
  • Greenbrier underwent a 2-degree Celsius scenario planning event to assess the Company's preparedness under various potential climate-related situations.
  • A third-party, automated risk management system was introduced to monitor customer and supplier compliance with all international laws and regulations.
  • In 2024, 35% of Greenbrier's U.S.-based electricity usage came from renewable energy sources.
  • During the last year, Greenbrier received a variety of sustainability awards and recognitions, led by our key customers and other stakeholders. This includes Canadian National Railway's EcoConnexions Partner, Union Pacific's Sustainability Partner, Norfolk Southern's Thoroughbred Sustainability Partner, Governance Intelligence's Best ESG reporting (small cap), America's Climate Leaders by USA TODAY and Statista, and Newsweek's America's Greenest Companies.

Lorie Tekorius, CEO and president, said, "I am proud of the progress made on our sustainability priorities in fiscal 2024. With our people at the center of our decision-making and continuous improvement initiatives, we created value for our customers, industry and the communities where we operate. This is demonstrated by the many external sustainability recognitions we have received from our customers, media organizations, and other stakeholders."

The report follows the Sustainability Accounting Standards Board (SASB) framework with reference to the related United Nations Sustainable Development Goals (UN SDGs). Greenbrier previously tracked progress for conformance with the Taskforce on Climate-Related Financial Disclosures. Due to TCFD's disbandment in 2024, Greenbrier plans to transition to the International Sustainability Standards Board's (ISSB) new International Financial Reporting Standards (IFRS) S1 General Requirements for Disclosure of Sustainability-Related Financial Information and IFRS S2 Climate-Related Disclosures.

On Track Together is available at https://www.gbrx.com/esg/.

About Greenbrier 
Greenbrier, headquartered in Lake Oswego, Oregon, is a leading international supplier of equipment and services to global freight transportation markets. Through its wholly-owned subsidiaries and joint ventures, Greenbrier designs, builds and markets freight railcars in North America, Europe and Brazil. We are a leading provider of freight railcar wheel services, parts, maintenance and retrofitting services in North America through our maintenance services business unit. Greenbrier owns a lease fleet of approximately 15,500 railcars that originate primarily from Greenbrier's manufacturing operations. Greenbrier offers railcar management, regulatory compliance services and leasing services to railroads and other railcar owners in North America. Learn more about Greenbrier at www.gbrx.com.

Forward-Looking Statements 
This press release may contain forward-looking statements, including statements that are not purely statements of historical fact. Greenbrier uses words, and variations of words, such as "assess," "continue," "future," "improve," "increase," "initiative," "plan," "progress," "provide," "will," and similar expressions to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks and uncertainties that could cause actual results to differ materially from the results contemplated by the forward-looking statements. Factors that might cause such a difference include, but are not limited to, the following: an economic downturn and economic uncertainty; inflation (including rising energy prices, interest rates, wages and other escalators) and policy reactions thereto (including actions by central banks); disruptions in the supply of materials and components used in the production of our products; the war in Ukraine and related events, and related economic disruptions (including, among other factors, operations and supply disruptions and labor shortages). More information on potential factors that could cause our results to differ from our forward-looking statements is included in the Company's filings with the SEC, including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's most recently filed periodic report on Form 10-K. Except as otherwise required by law, the Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's opinions only as of the date hereof.

Cision View original content:https://www.prnewswire.com/news-releases/greenbrier-issues-2024-sustainability-update-302304797.html

SOURCE The Greenbrier Companies, Inc.

FAQ

What sustainability achievements did Greenbrier (GBX) report in its 2024 update?

Greenbrier reported recycling 25,000 tons of materials, achieving 56% recycled steel usage in manufacturing, 35% renewable energy usage in U.S. operations, and distributing nearly $800,000 in charitable giving.

How much renewable energy did Greenbrier (GBX) use in its U.S. operations in 2024?

In 2024, 35% of Greenbrier's U.S.-based electricity usage came from renewable energy sources.

What sustainability awards did Greenbrier (GBX) receive in 2024?

Greenbrier received recognition as Canadian National Railway's EcoConnexions Partner, Union Pacific's Sustainability Partner, Norfolk Southern's Thoroughbred Sustainability Partner, and was named in America's Climate Leaders by USA TODAY and America's Greenest Companies by Newsweek.

What percentage of recycled steel did Greenbrier (GBX) use in new railcar manufacturing?

Greenbrier increased its total share of recycled steel purchased for new railcar manufacturing to 56%.

The Greenbrier Companies, Inc.

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