Perimeter Solutions Releases 2023 Environmental, Social and Governance Report
- Perimeter Solutions aligns with TCFD Framework for climate-related financial disclosures.
- The ESG Report highlights commitments to transparency, emissions reduction, and sustainability strategy.
- Scope 1 and Scope 2 greenhouse gas emissions are disclosed in accordance with the Greenhouse Gas Protocol Standard.
- Focus areas for 2024 include carbon emissions reduction, supply chain engagement, and health & safety programs.
- Investments in cybersecurity, workforce diversity, community engagement, and governance practices are emphasized.
- Alignment with SASB framework and detailed climate risk mitigation measures are outlined in the report.
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Clayton, Missouri--(Newsfile Corp. - February 16, 2024) - Perimeter Solutions (NYSE: PRM), a global leader in high-quality firefighting products and lubricant additives, today announced its second annual Environmental, Social and Governance (ESG) Report and its inaugural alignment with the Task Force on Climate-related Financial Disclosures (TCFD) Framework. This new report provides insight into Perimeter Solutions' continued commitment to transparency, emissions reduction, and multi-faceted approach to enhance, advance and regularly communicate its sustainability strategy. It is available to view at https://www.perimeter-solutions.com/wp-content/uploads/2024/02/PerimeterSolutions_2023_ESG_R10.pdf.
The ESG Report covers a range of topics including Perimeter Solutions' three strategic priorities: environmental responsibility, social impact, and culture of governance. This year's report also includes Scope 1 and Scope 2 greenhouse gas emissions, calculated in accordance with the Greenhouse Gas Protocol Corporate Accounting and Reporting Standard. Perimeter Solutions will use this information as a baseline for future emissions assessments and to guide reduction strategies.
"The tenets of ESG have always been central to our mission of Solutions That Save. As we head into 2024, we are excited to continue our momentum," said Don Mackay Global EH&S Director at Perimeter Solutions. "Reducing carbon emissions, engaging our supply chain, and furthering our leading health & safety program are some of the areas we plan to focus on this year," he continued. "Over the past three years, our senior management team has worked to enhance our ESG strategy to align with the broader transformation of our company. Publishing this more substantive ESG Report demonstrates our commitment to accountability in our sustainability performance."
Highlights from Perimeter Solutions' 2023 ESG Report include:
- Enhancing its cybersecurity and data protection program through investments in monitoring capabilities, threat prevention, and training.
- Fostering a global inclusive workforce through enhancing work-life balance resources to support employee needs and ongoing company-wide diversity initiatives.
- Supporting community engagement and volunteerism through ongoing philanthropic endeavors.
- Developing governance through best practices and policies meant to reflect Perimeter Solutions' ongoing commitment to sustainable operations.
- Creating a corporate culture where health and safety are cornerstones.
- Increasing the alignment with the Sustainability Accounting Standards Board (SASB) framework.
- Detailing climate risk mitigation measures within the Company's first Task Force on Climate-related Financial Disclosures (TCFD).
Perimeter Solutions has released its second annual Environmental, Social and Governance Report
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Safe Harbor Regarding Forward Looking Statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "anticipates," "believes," "could," "plans," "goals," "focus," "seek," "may," "will," "should," and other similar words. All statements addressing operating performance, events, or developments that Perimeter Solutions expects or anticipates will occur in the future, including but not limited to implementing and achieving its environmental, social and governance strategies, initiatives, and objectives, are forward-looking statements. Because they are forward-looking, they should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties are more fully described in Perimeter Solutions' most recent Annual Report filed with the Securities and Exchange Commission, included under the heading entitled "Risk Factors." Should one or more of these risks or uncertainties materialize or should any of Perimeter Solutions' underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on Perimeter Solutions' forward-looking statements. Except as required by law, Perimeter Solutions disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this news release.
Contact Details:
Seth Barker, Head of Investor Relations
Company Website: http://www.perimeter-solutions.com/
ir@perimeter-solutions.com
Released February 16, 2024
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/198198
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