Generac Issues 2021 Environmental, Social, and Governance Report
On Sept. 28, 2021, Generac Power Systems (NYSE: GNRC) announced the release of its inaugural Environmental, Social, and Governance (ESG) report. The report emphasizes sustainability in products and operations, social responsibility, and corporate governance commitments. CEO Aaron Jagdfeld highlighted the internal ESG Steering Committee's role and board-level oversight, aiming to enhance accountability to stakeholders and communities. This inaugural report serves as a baseline for future ESG performance evaluations, framing Generac's commitment to resilient and sustainable energy solutions.
- Issuance of the inaugural ESG report, indicating commitment to sustainability and transparency.
- Establishment of an internal ESG Steering Committee for enhanced accountability.
- CEO emphasizes long-term focus on sustainable energy solutions.
- None.
WAUKESHA, Wis., Sept. 28, 2021 /PRNewswire/ -- Generac Power Systems (NYSE: GNRC), a leading global designer and manufacturer of energy technology solutions and other power products, today announced the issuance of the Company's inaugural Environmental, Social, and Governance (ESG) report.
In the document, Generac reports on several key areas of focus, including both product and operational sustainability, social responsibility to its employees and the communities it serves, and the Company's transparency and commitment to corporate governance and its ethical values. The report also includes discussion of Generac's overall ESG strategy and how it is executing on its mission to lead the world's evolution to more resilient, efficient, and sustainable energy solutions.
"We are excited to share our sustainability story -- both present and future, as well as our efforts to continuously build upon our execution on our ESG goals," said Aaron Jagdfeld, president and chief executive officer of Generac. "We want this document to be a helpful resource for our stakeholders to evaluate our success as a sustainable business, as well as to form the baseline for measuring and improving our ESG performance. We view this report as an important first step on our ESG journey, and we look forward to sharing our progress in future annual ESG reports."
"These ESG goals include holding ourselves accountable to our stakeholders, including the communities we serve," continued Jagdfeld. "To that end, we've established an internal ESG Steering Committee comprised of subject matter experts from across the Company, which receives board-level oversight from our Nominating and Corporate Governance Committee. I am excited to lead Generac as we deepen our commitment to ESG matters and focus on a future defined by more resilient, efficient, and sustainable energy solutions."
To read the complete ESG report, or learn about Generac's line of products, visit www.generac.com.
About Generac
Generac Power Systems, Inc. (NYSE: GNRC) is a leading energy technology company that provides advanced power grid software solutions, backup and prime power systems for home and industrial applications, solar + battery storage solutions, virtual power plant platforms and engine- and battery-powered tools and equipment. Founded in 1959, Generac introduced the first affordable backup generator and later created the category of automatic home standby generator - a market in which nearly eight of ten generators sold is a Generac. The company is committed to sustainable, cleaner energy products poised to revolutionize the 21st century electrical grid.
Contact: | Tami Kou |
Tami.Kou@Generac.com | |
262-544-4811 Ext. 3950 |
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SOURCE Generac Power Systems, Inc.
