Oshkosh Corporation Recognized by Newsweek as One of America’s Greenest Companies 2024

Rhea-AI Summary

Oshkosh Corporation (NYSE: OSK) has been recognized as one of 'America’s Greenest Companies 2024' by Newsweek, highlighting the company's commitment to sustainability and environmental impact reduction. The list acknowledges the top 300 American companies for their progress in managing their sustainability footprint, with Oshkosh being honored for its innovations in electric vehicle offerings and its consistent focus on ESG performance.

OSHKOSH, Wis.--(BUSINESS WIRE)-- Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, is pleased to be recognized as one of “America’s Greenest Companies 2024” by Newsweek. Published in partnership with Plant-A Insights Group and GIST Impact, the list recognizes the top 300 American companies for their progress in managing their sustainability footprint.

Oshkosh Corporation Recognized by Newsweek as One of America’s Greenest Companies 2024 (Graphic: Business Wire)

Companies were evaluated on four criteria: greenhouse gas emissions, water usage, waste generation, and sustainability data disclosure and commitments.

“A focus on sustainability is in our DNA. We continually raise the bar on our Environmental, Social and Governance (ESG) performance to make steady progress towards our long-term sustainability goals,” said Kevin Tubbs, vice president, chief ethics, compliance and sustainability officer, Oshkosh Corporation. “We’re honored to be recognized for our sustainability efforts by Newsweek.”

Innovating solutions that reduce environmental impact, including the expansion of its purpose-built, battery-electric-powered products is a priority at Oshkosh. The company’s electric vehicle (EV) offerings now include North America’s first fully integrated, zero-emission electric refuse collection vehicle, North America’s first electric fire truck, the world’s first all-electric scissor lift, the next-generation delivery vehicle (NGDV) for the United States Postal Service and an electric airport rescue and fire fighting (ARFF) vehicle.

Oshkosh continuously looks for ways to lower the environmental and carbon footprint of our products, while enhancing safety, quality, efficiency and durability. The company has been named to the Dow Jones Sustainability World Index (DJSI) for four consecutive years, has been named one of America’s Most Responsible and One of the World’s Most Trustworthy Companies by Newsweek, is one of FORTUNE’s World’s Most Admired Companies and has been recognized by Ethisphere as one of the World’s Most Ethical companies.

To learn more, or to access the fiscal year 2022 Sustainability Report, please click here 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, JBT AeroTech and Pratt Miller. For more information, visit www.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 future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, 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 the cyclical nature of the Company’s access equipment, fire apparatus, refuse collection and air transportation equipment markets, which are particularly impacted by the strength of U.S. and European economies and construction seasons; the Company’s estimates of access equipment demand which, among other factors, is influenced by historical customer buying patterns and rental company fleet replacement strategies; the impact of orders and costs on the U.S. Postal Service contract; the Company’s ability to increase prices or impose surcharges to raise margins or to offset higher input costs, including increased raw material, labor, freight and overhead costs; the Company’s ability to attract and retain production labor in a timely manner; the Company's ability to successfully integrate the AeroTech acquisition and to realize the anticipated benefits associated with the same; risks related to the collectability of receivables, particularly for those businesses with exposure to construction markets; the cost of any warranty campaigns related to the Company’s products; risks associated with international operations and sales, including compliance with the Foreign Corrupt Practices Act; the Company’s ability to comply with complex laws and regulations applicable to U.S. government contractors; cybersecurity risks and costs of defending against, mitigating and responding to data security threats and breaches impacting the Company; the Company’s ability to successfully identify, complete and integrate other acquisitions and to realize the anticipated benefits associated with the same; and risks related to the Company’s ability to successfully execute on its strategic road map and meet its long-term financial goals. Additional information concerning these, and other factors is contained in the Company’s filings with the Securities and Exchange Commission. 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. Investors should be aware that the Company may not update such information until the Company’s next quarterly earnings conference call, if at all.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231107651708/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 recognition has Oshkosh Corporation received from Newsweek?

Oshkosh Corporation has been recognized as one of 'America’s Greenest Companies 2024' by Newsweek.

What are the criteria for evaluating companies in the 'America’s Greenest Companies 2024' list?

Companies are evaluated on greenhouse gas emissions, water usage, waste generation, and sustainability data disclosure and commitments.

What are some of Oshkosh Corporation's innovations in reducing environmental impact?

Oshkosh has expanded its purpose-built, battery-electric-powered products, including North America’s first fully integrated, zero-emission electric refuse collection vehicle, North America’s first electric fire truck, the world’s first all-electric scissor lift, the next-generation delivery vehicle for the United States Postal Service, and an electric airport rescue and fire fighting vehicle.