Pool Corporation Releases 2023 Corporate Responsibility Report

Rhea-AI Summary

Pool (Nasdaq: POOL) released its 2023 Corporate Responsibility Report on June 26, 2024, emphasizing its commitment to environmental and social governance (ESG). Key achievements include expanded Scope 1 and Scope 2 emissions disclosures aligned with the Greenhouse Gas (GHG) Protocol and Sustainability Accounting Standards Board (SASB) standards. The report also provides additional human capital metrics. Additionally, their Swimpact! program supported swimming lessons for 42,000 children and lifeguard training for 3,000 individuals through a partnership with the YMCA. This reflects POOL's focus on creating a safer and more sustainable future.

Positive

• Expanded Scope 1 and Scope 2 emissions disclosures using the Greenhouse Gas (GHG) Protocol.
• Alignment with Sustainability Accounting Standards Board (SASB) standards.
• Swimpact! program sponsored swimming lessons for 42,000 children.
• Swimpact! program sponsored training for 3,000 lifeguards.

Negative

• None.

COVINGTON, La., June 26, 2024 (GLOBE NEWSWIRE) -- Pool Corporation (Nasdaq: POOL) announced today that it has released its 2023 Corporate Responsibility Report.

“Implementing and executing operating practices that contribute to healthy, safe surroundings and a diverse, inclusive working environment is critical to our ongoing success as an organization and as a member of the communities in which we live and work. Together, we are shaping a brighter, more sustainable future in our continual pursuit of creating exceptional value, returns and opportunities,” commented Peter D. Arvan, president and CEO.

We are pleased to publish our 2023 Corporate Responsibility Report. This year’s report further demonstrates our commitment to transparency on environmental and social topics and highlights our progress made in 2023 on our initiatives to be a positive contributor to the communities where we operate. We are proud of the achievements that we have made this year, including expanded Scope 1 and Scope 2 emissions disclosures using the Greenhouse Gas (GHG) Protocol and alignment with the Sustainability Accounting Standards Board (SASB) Standards, a leading framework that identifies important environmental, social and governance topics most relevant to stakeholders. This year’s report also contains additional human capital metrics about our workforce.

While we do much to enrich backyard living for families, we also support many environments “Where Outdoor Living Comes to Life.” Launched in 2021, our Swimpact! program is a testament to our dedication to our communities and to the belief that every child deserves to learn how to swim. Swimpact! has sponsored swimming lessons and water safety training for 42,000 children and has also sponsored trainings for roughly 3,000 lifeguards. Through our partnership with the YMCA, we are helping create a safer future for communities and producing a ripple effect of empowerment.

Please visit http://poolcorp.com/responsibility to view POOLCORP’s 2023 Corporate Responsibility Report and 2023 SASB Appendix.

About Pool Corporation

Pool Corporation is the world’s largest wholesale distributor of swimming pool and related backyard products. POOLCORP operates approximately 440 sales centers in North America, Europe and Australia through which it distributes more than 200,000 products to roughly 125,000 customers. For more information about POOLCORP, please visit www.poolcorp.com.

Forward-Looking Statements

This news release may include “forward-looking” statements that involve risk and uncertainties that are generally identifiable through the use of words such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” “project,” “should,” “will,” “may,” and similar expressions, including statements about our expectations, projections and assumptions concerning our environmental, social and governance program, commitments and goals and business outlook, priorities, expectations and intentions. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements speak only as of the date of this release, and we undertake no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur. Actual results may differ materially due to a variety of factors, including the sensitivity of our business to weather conditions; changes in economic conditions, consumer discretionary spending, the housing market, inflation or interest rates; our ability to maintain favorable relationships with suppliers and manufacturers; the extent to which home-centric trends will continue to moderate or reverse; competition from other leisure product alternatives or mass merchants; our ability to continue to execute our growth strategies; changes in the regulatory environment; new or additional taxes, duties or tariffs; and other risks detailed in POOLCORP’s 2023 Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other reports and filings with the Securities and Exchange Commission (SEC).

Investor Relations Contacts:

Kristin S. Byars
985.801.5153
kristin.byars@poolcorp.com

Curtis J. Scheel
985.801.5341
curtis.scheel@poolcorp.com

FAQ

What are the key highlights of Pool 's 2023 Corporate Responsibility Report?

Key highlights include expanded Scope 1 and Scope 2 emissions disclosures, alignment with SASB standards, and the Swimpact! program's impact on swimming lessons and lifeguard training.

How is Pool addressing environmental issues in 2023?

Pool has expanded its Scope 1 and Scope 2 emissions disclosures using the Greenhouse Gas (GHG) Protocol and aligned with SASB standards.

What is the Swimpact! program by Pool ?

Launched in 2021, Swimpact! sponsors swimming lessons and water safety training for children and lifeguard training, partnering with the YMCA.

How many children benefited from Pool 's Swimpact! program?

The Swimpact! program sponsored swimming lessons and water safety training for 42,000 children.

What new human capital metrics has Pool included in its 2023 report?

The report includes additional human capital metrics about the workforce, although specific details are not provided in the press release.