TravelCenters of America Releases Inaugural Environmental, Social and Governance Report

Rhea-AI Summary

TravelCenters of America (Nasdaq: TA) has published its first Environmental, Social, and Governance (ESG) Report, showcasing its commitment to sustainability and transparency. The report emphasizes TA's achievements in environmental management, team development, and enhancing guest experiences. Key initiatives include advancing clean energy through the eTA business unit, improving guest health, and showing community support through donations. The report reflects TA's focus on refining strategies to minimize environmental impact and foster employee engagement.

Positive

• Publication of inaugural ESG Report highlights commitment to sustainability.
• Advancements in clean energy through the eTA business unit.
• Strategic initiatives focused on improving guest health and well-being.
• Robust community engagement through donations and volunteer efforts.

Negative

• None.

Report Highlights Progress in Implementing Diversity, Equity and Inclusion Initiatives and Outlines Enhanced Focus on Guest Health and Wellness

WESTLAKE, Ohio--(BUSINESS WIRE)-- TravelCenters of America Inc. (Nasdaq: TA), the nation’s largest publicly traded full-service travel center network, today announced the publication of its inaugural Environmental, Social and Governance (ESG) Report, which reflects the company’s longstanding commitment to sustainability and transparency.

TA’s ESG report highlights TA’s progress and achievements across a broad array of ESG initiatives, including environmental management and investment in alternative energy, team member training, development and recognition, guest experience, community engagement and industry leadership.

“At TA, our goals include enhancing the experience of our guests and the quality of life of our drivers and ensuring our team members are engaged and productive while also capitalizing on opportunities to minimize the environmental impact of our business,” said Jon Pertchik, Chief Executive Officer. “As reflected in our inaugural ESG report, we have made meaningful strides in these efforts by upgrading our travel centers, fostering an engaging work environment, implementing strategic health and wellness initiatives and launching a new business unit focused on alternative energy and sustainability. We remain focused on further refining and developing strategies to accomplish these goals.”

ESG elements summarized in the 2021 ESG Report include the following:

• TA’s role in advancing the clean energy transition through its dedicated eTA business unit.
• Diversity that reflects the communities in which TA operates.
• Strategic initiatives focused on improving the health and well-being of its guests.
• Robust support for communities and organizations through company-sponsored donations, Round Up campaigns and volunteer hours.
• An enhanced focus on data privacy and security.

The 2021 ESG Report can be found at this LINK.

About TravelCenters of America
TravelCenters of America Inc. (Nasdaq: TA) is the nation's largest publicly traded full-service travel center network. Founded in 1972 and headquartered in Westlake, Ohio, its 19,000 team members serve guests in over 275 locations in 44 states, principally under the TA®, Petro Stopping Centers® and TA Express® brands. Offerings include diesel and gasoline fuel, truck maintenance and repair, full-service and quick-service restaurants, travel stores, car and truck parking and other services dedicated to providing great experiences for its guests. TA is committed to sustainability, with its specialized business unit, eTA, focused on sustainable energy options for professional drivers and motorists, and leverages alternative energy to support its own operations. TA operates over 600 full-service and quick-service restaurants and nine proprietary brands, including Iron Skillet® and Country Pride®. For more information, visit www.ta-petro.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220928005150/en/

Tina Arundel

TravelCenters of America

440-250-4758

tarundel@ta-petro.com

Source: TravelCenters - Financial

FAQ

What does TravelCenters of America’s first ESG Report entail?

The report outlines TravelCenters of America's commitment to sustainability, including initiatives in environmental management, team development, and enhancing guest experiences.

What key initiatives are highlighted in TA’s ESG Report?

Highlights include advancing clean energy with the eTA business unit and strategic efforts to improve guest health and community support.

When was TravelCenters of America’s ESG Report published?

The inaugural ESG Report was published recently, reflecting TA's ongoing commitment to transparency in environmental, social, and governance issues.

How does TA plan to improve its ESG initiatives?

TA aims to refine and develop strategies to minimize environmental impact and enhance employee engagement as part of its ongoing ESG efforts.