Werner Enterprises Releases Inaugural CSR Report
Werner Enterprises (Nasdaq: WERN) has launched its inaugural Corporate Social Responsibility (CSR) Report, highlighting its commitment to Environmental, Social, and Governance (ESG) principles. This move demonstrates a deeper integration of sustainability into their business strategy as part of their newly branded initiative, WernerBlue. The report underscores several ESG goals, including a 55% reduction in greenhouse gas emissions by 2035 and the establishment of new management roles focused on sustainability and diversity. Werner aims to impact positively through its comprehensive ESG approach.
- Released inaugural CSR Report, reinforcing commitment to sustainability.
- Introduced WernerBlue initiative focusing on ESG goals.
- Set concrete targets for emissions reduction: 55% by 2035.
- Created senior management roles for Sustainability and DEI.
- None.
Milestone achievement underscores Werner’s commitment to ESG leadership
Launching WernerBlue, the Company’s newly branded Sustainability endeavor
Announcing new ESG commitments
OMAHA, Neb., July 27, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, today announced the publication of its inaugural Corporate Social Responsibility (CSR) Report as part of its Environmental, Social and Governance (ESG) effort.
“While ESG concepts have long been woven into the fabric of Werner’s history, the release of our inaugural CSR Report further elevates our commitment to conducting business in a socially and environmentally responsible manner,” said Chairman, President and Chief Executive Officer Derek Leathers. “Last year, we made the commitment to embed Sustainability into our strategy and decision-making process, formally launched our ESG program and committed to several near- and longer-term ESG goals, including publishing an inaugural CSR Report. This Report serves to memorialize the decades of work already accomplished in this area and sets the stage for continued value creation as we hold ourselves to a higher level of leadership and accountability.”
Today’s update reflects significant progress following Werner’s November 2020 announcement, where the Company publicly formalized its commitment to ESG, including announcing goals and publishing a dedicated presentation. The Company’s commitment to Sustainability is evident in its 5Ts + S Strategy, which represents its focus and investment in Trucks, Trailers, Talent, Terminals, Technology and Sustainability. The Sustainability component was added in 2020 to reinforce Werner’s dedication to remaining at the forefront of the trucking and transportation industry.
Highlights of Werner’s 2020 Inaugural CSR Report and Recent Supportive Actions:
- Created two new senior management positions - Sustainability and Diversity, Equity and Inclusion (DEI) - and identified diverse leaders to oversee these critical efforts
- Aligned ESG efforts with the United Nations Sustainable Development Goals
- Forming the IDEAL (Inclusion, Diversity, Equity, Accountability & Learning) Council and adding additional Associate Resource Groups (ARGs)
- Launching WernerBlue, the Company’s newly branded Sustainability endeavor, and announcing new ESG commitments
Environmental
- By 2025, disclose Scope 1 and Scope 2 greenhouse gas emissions
- By 2030, double intermodal usage, thereby further reducing emissions
- By 2035, achieve
55% reduction in greenhouse gas emissions
Social
- By 2022, create an advancement and retention plan to increase and elevate women and diverse talent in the management pipeline
- By 2022, institute an employee volunteer hours program
- By 2025, double Blue Brigade volunteer hours to +3,300 annually
- By 2025, double associate training hours devoted to human trafficking awareness
Governance
- By 2022, create a standalone ESG board committee
- By 2022, form a task force comprising senior leadership, associates and board members to further the goals of WernerBlue
“We are excited to demonstrate our ongoing commitment to Sustainability, and we fully anticipate transformative growth and a positive impact enabled by our ESG endeavor, WernerBlue, in the years to come,” concluded Leathers.
Werner Enterprises, Inc. (Nasdaq: WERN) delivers superior truckload transportation and logistics services to customers across the United States, Mexico and Canada. With 2020 revenues of
Contact: John J. Steele
Executive Vice President, Treasurer
and Chief Financial Officer
402.894.3036
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