Oshkosh Corporation Publishes 2023 Sustainability Report

Rhea-AI Summary

Oshkosh (NYSE: OSK) has published its 11th annual sustainability report, showcasing its commitment to innovation and sustainable practices. The company has introduced several electrified products across various sectors, including construction, fire and emergency, airport ground support, and defense. Key highlights include the McNeilus® Volterra™ ZSL™ zero-emission recycling vehicle, the Pierce® Volterra™ zero-emission fire truck, and the Oshkosh® Striker® Volterra™ ARFF vehicle.

In 2023, Oshkosh manufactured and sold 46,152 electric or hybrid units, reduced GHG emissions by 14.5%, diverted 87.8% of waste from landfills, and recycled or reused 86.1% of non-hazardous waste. The company also contributed $2.6 million and 21,320 volunteer hours to local communities. Recognized for its ethical and sustainable practices, Oshkosh has been listed on the Dow Jones Sustainability World Index and other notable accolades.

OSHKOSH, Wis.--(BUSINESS WIRE)-- Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, has released its 11^th annual sustainability report, highlighting the company’s continued commitment to innovation and sustainable business practices to move the world forward.

Oshkosh has recently introduced industry-altering, electrified products in nearly every end market it serves, including construction, fire and emergency, airport ground support, refuse and recycling, defense and more. The company’s most recent product introductions include the McNeilus® Volterra™ ZSL™ zero-emission electric refuse and recycling vehicle, the Pierce® Volterra™ zero-emission fire truck, the Oshkosh® Striker® Volterra™ zero-emission Aircraft Rescue Fire Fighting (ARFF) vehicle and the Next Generation Delivery Vehicle (NGDV) for the United States Postal Service (USPS), which includes an electric version. (Photo: Business Wire)

The Oshkosh Corporation 2023 sustainability report can be viewed here: Oshkosh Corporation 2023 Sustainability Report.

The sustainability report highlights progress the company has made in its four focus areas: empowering our people, developing innovative products, building communities and operating sustainably. Highlights from the sustainability report include:

• Manufactured and sold 46,152 electric, zero-emission or hybrid units
• Reduced GHG emissions by 14.5% across our manufacturing facilities
• Diverted 87.8% of waste from the landfill
• Recycled/reused 86.1% of non-hazardous waste
• Donated $2.6 million and 21,320 hours to local communities

“Our commitment to people and the environment has continued to drive sustainable growth around the world. As an industrial technology company and market leader of purpose-built, route-based fleet vehicles, we leverage every opportunity to develop technologies and solutions that support our purpose of making a difference in people’s lives,” said Kevin Tubbs, vice president, chief ethics, compliance and sustainability officer, Oshkosh Corporation.

Oshkosh has recently introduced industry-altering, electrified products in nearly every end market it serves, including construction, fire and emergency, airport ground support, refuse and recycling, defense and more. The company’s most recent product introductions include the McNeilus® Volterra™ ZSL™ zero-emission electric refuse and recycling vehicle, the Pierce® Volterra™ zero-emission fire truck, the Oshkosh® Striker® Volterra™ zero-emission Aircraft Rescue Fire Fighting (ARFF) vehicle and the Next Generation Delivery Vehicle (NGDV) for the United States Postal Service (USPS), which includes an electric version.

Oshkosh Corporation has achieved noteworthy recognition for its sustainability and ethical practices. The company has been named to the Dow Jones Sustainability World Index (DJSI) for five consecutive years, honored by Newsweek as one of America’s Greenest and one of the World’s Most Trustworthy Companies, included in Fortune’s World’s Most Admired Companies and recognized by Ethisphere as one of the World’s Most Ethical Companies for the past nine years. Most recently, Oshkosh made the 2024 USA Today list of America’s Climate Leaders.

To learn more about Oshkosh Corporation and its commitment to environmental, social and corporate governance please visit Oshkoshcorp.com.

About Oshkosh Corporation

At Oshkosh (NYSE: OSK), we make innovative, mission-critical equipment to help everyday heroes advance communities around the world. Headquartered in Wisconsin, Oshkosh Corporation employs approximately 17,000 team members worldwide, all united behind a common purpose: to make a difference in people’s lives. Oshkosh products can be found in more than 150 countries under the brands of JLG®, Hinowa, Power Towers, Pierce®, MAXIMETAL, Oshkosh® Defense, McNeilus®, IMT®, Jerr-Dan®, Frontline™ Communications, Oshkosh® Airport Products, Oshkosh AeroTech™ and Pratt Miller. For more information, visit oshkoshcorp.com.

®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.

Forward Looking Statements

This news release contains statements that the Company believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s business strategy and plans and objectives of management for future operations are forward-looking statements. When used in this news release, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions, and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include risks related to the Company’s ability to successfully execute on its strategic road map and meet its long-term financial goals and the challenges associated with achieving sustainability goals and with rapidly changing technologies. Additional information concerning these and other factors is contained in the Company’s filings with the Securities and Exchange Commission including, without limitation, the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, filed on February 29, 2024. All forward-looking statements speak only as of the date of this news release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this news release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240627610922/en/

Financial:

Patrick Davidson

Senior Vice President, Investor Relations

920.502.3266



Media:

Tim Gilman

Senior Manager, Communications and Branding

920-509-0617

Source: Oshkosh Corporation

FAQ

What recent products has Oshkosh introduced?

Oshkosh has recently introduced several electrified products, including the McNeilus® Volterra™ ZSL™ zero-emission recycling vehicle, the Pierce® Volterra™ zero-emission fire truck, and the Oshkosh® Striker® Volterra™ ARFF vehicle.

How many electric or hybrid units did Oshkosh manufacture in 2023?

In 2023, Oshkosh manufactured and sold 46,152 electric or hybrid units.

What environmental initiatives did Oshkosh achieve in 2023?

Oshkosh reduced its GHG emissions by 14.5%, diverted 87.8% of waste from landfills, and recycled or reused 86.1% of non-hazardous waste in 2023.

How much did Oshkosh donate to local communities in 2023?

Oshkosh donated $2.6 million and 21,320 volunteer hours to local communities in 2023.

What recognition has Oshkosh received for its sustainability efforts?

Oshkosh has been named to the Dow Jones Sustainability World Index for five consecutive years and received honors from Newsweek, Fortune, and Ethisphere for its ethical and sustainable practices.