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Advanced Drainage Systems Issues Fiscal 2024 Sustainability Report

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Advanced Drainage Systems (ADS) (NYSE: WMS) has released its Fiscal 2024 Sustainability Report, highlighting its commitment to environmental stewardship and water management. Key achievements include:

  • Recycling 540 million pounds of plastic, making ADS one of North America's largest plastic recyclers
  • Submitting targets to the Science Based Targets Initiative for approval, including a 50% reduction in Scope 1 and 2 emissions and a 30% reduction in Scope 3 emissions from the Fiscal 2022 baseline
  • Implementing a supplier code of conduct and signing the UN Global Compact
  • Contributing $2 million to charitable organizations
  • Improving safety performance with a 19% reduction in Total Recordable Incident Rate

ADS aims to reach one billion pounds of recycled plastic purchased annually by Fiscal 2032, nearly doubling their current usage.

Advanced Drainage Systems (ADS) (NYSE: WMS) ha pubblicato il suo Rapporto di Sostenibilità per l'Anno Fiscale 2024, evidenziando il suo impegno nella gestione ambientale e delle risorse idriche. Tra i principali risultati si annoverano:

  • Riciclo di 540 milioni di sterline di plastica, rendendo ADS uno dei maggiori riciclatori di plastica in Nord America
  • Presentazione di obiettivi per l'approvazione da parte della Science Based Targets Initiative, inclusa una riduzione del 50% delle emissioni di Scopo 1 e 2 e una riduzione del 30% delle emissioni di Scopo 3 rispetto al riferimento del Fiscale 2022
  • Implementazione di un codice di condotta per i fornitori e adesione al Global Compact delle Nazioni Unite
  • Contributo di 2 milioni di dollari a organizzazioni benefiche
  • Miglioramento delle performance di sicurezza con una riduzione del 19% nel Tasso Totale di Incidenti Registrabili

ADS si propone di raggiungere un miliardo di sterline di plastica riciclata acquistata annualmente entro il Fiscale 2032, quasi raddoppiando l'uso attuale.

Advanced Drainage Systems (ADS) (NYSE: WMS) ha publicado su Informe de Sostenibilidad del Año Fiscal 2024, destacando su compromiso con la gestión ambiental y del agua. Los logros clave incluyen:

  • Reciclaje de 540 millones de libras de plástico, convirtiendo a ADS en uno de los mayores recicladores de plástico de América del Norte
  • Presentación de objetivos para aprobación por parte de la Science Based Targets Initiative, incluyendo una reducción del 50% en las emisiones de Alcance 1 y 2 y una reducción del 30% en las emisiones de Alcance 3 desde la línea base del Año Fiscal 2022
  • Implementación de un código de conducta para proveedores y firma del Pacto Global de la ONU
  • Contribución de 2 millones de dólares a organizaciones benéficas
  • Mejora en el rendimiento de seguridad con una reducción del 19% en la Tasa Total de Incidentes Registrables

ADS tiene como objetivo alcanzar mil millones de libras de plástico reciclado adquirido anualmente para el Año Fiscal 2032, casi duplicando su uso actual.

Advanced Drainage Systems (ADS) (NYSE: WMS)가 2024 회계연도 지속 가능성 보고서를 발표하며 환경 관리 및 물 관리에 대한 약속을 강조했습니다. 주요 성과는 다음과 같습니다:

  • 5억 4천만 파운드의 플라스틱을 재활용하여 ADS를 북미에서 가장 큰 플라스틱 재활용 기업 중 하나로 만들었습니다.
  • 회계연도 2022 기준으로 Scope 1 및 2 배출량을 50% 줄이고 Scope 3 배출량을 30% 줄이는 목표를 Science Based Targets Initiative에 제출했습니다.
  • 공급업체 행동 강령을 시행하고 UN 글로벌 컴팩트에 서명했습니다.
  • 자선 단체에 200만 달러를 기부했습니다.
  • 총 기록 가능한 사건 비율에서 19% 감소하여 안전성을 개선했습니다.

ADS는 2032 회계연도까지 연간 10억 파운드의 재활용 플라스틱 구매를 목표로 하고 있으며, 현재 사용량을 거의 두 배로 늘릴 계획입니다.

Advanced Drainage Systems (ADS) (NYSE: WMS) a publié son Rapport de Durabilité pour l'Exercice 2024, soulignant son engagement envers la gestion environnementale et de l'eau. Les réalisations clés comprennent :

  • Recyclage de 540 millions de livres de plastique, faisant d'ADS l'un des plus grands recycleurs de plastique en Amérique du Nord
  • Soumission d'objectifs à l'initiative Science Based Targets pour approbation, y compris une réduction de 50 % des émissions de portée 1 et 2 et une réduction de 30 % des émissions de portée 3 par rapport à la ligne de base de l'exercice 2022
  • Implémentation d'un code de conduite pour les fournisseurs et signature du Pacte Mondial des Nations Unies
  • Contribution de 2 millions de dollars à des organisations caritatives
  • Amélioration de la performance en matière de sécurité avec une réduction de 19 % du Taux d'Incidents Enregistrables Total

ADS vise à atteindre un milliard de livres de plastique recyclé acheté annuellement d'ici l'Exercice 2032, doublant presque son utilisation actuelle.

Advanced Drainage Systems (ADS) (NYSE: WMS) hat seinen Nachhaltigkeitsbericht für das Geschäftsjahr 2024 veröffentlicht, der das Engagement für Umweltverantwortung und Wasserbewirtschaftung hervorhebt. Zu den wichtigsten Ergebnissen gehören:

  • Recycling von 540 Millionen Pfund Plastik, was ADS zu einem der größten Kunststoffrecycler in Nordamerika macht
  • Einreichung von Zielen zur Genehmigung durch die Science Based Targets Initiative, einschließlich einer Reduktion der Scope-1- und Scope-2-Emissionen um 50 % und einer Reduktion der Scope-3-Emissionen um 30 % im Vergleich zur Basislinie des Geschäftsjahres 2022
  • Implementierung eines Verhaltenskodex für Lieferanten und Unterzeichnung des UN Global Compact
  • Beitrag von 2 Millionen Dollar an wohltätige Organisationen
  • Verbesserung der Sicherheitsleistung mit einer Reduzierung der Gesamtrate von meldepflichtigen Vorfällen um 19 %

ADS strebt an, bis zum Geschäftsjahr 2032 jährlich eine Milliarde Pfund recyceltes Plastik einzukaufen, was nahezu eine Verdopplung des aktuellen Verbrauchs bedeutet.

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HILLIARD, Ohio--(BUSINESS WIRE)-- Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading provider of innovative water management solutions, issued its Fiscal 2024 Sustainability Report today, demonstrating the company’s continued commitment to environmental stewardship.

“Water is the world’s most precious resource,” said Scott Barbour, President and Chief Executive Officer. “As an industry leader, Advanced Drainage Systems is committed to protecting and managing water by providing sustainable water management solutions that safeguard the environment and build resiliency in communities.”

A few highlights from the Fiscal 2024 report include:

Recycling:

  • Purchased 540 million pounds of recycled material, making ADS one of North America’s largest plastic recyclers, and
  • Continued construction on Engineering and Technology Center in Hilliard, OH.

Environmental Impact Reduction:

  • Submitted targets to The Science Based Targets Initiative (SBTi) for approval, including a 50% reduction in Scope 1 and Scope 2 absolute greenhouse gas (GHG) emissions and a 30% reduction in Scope 3 GHG emissions from the Fiscal 2022 baseline.

Accountability:

  • Sought limited assurance on Fiscal 2024 Scope 1 and Scope 2 GHG emissions,
  • Implemented a supplier code of conduct, and
  • Signed the United Nations Global Compact.

Social Purpose:

  • Contributed $2 million to charitable organizations, including $1 million through the ADS Foundation.

Operational Excellence:

  • Improved Total Recordable Incident Rate (TRIR), a company-wide safety performance metric, by 19% compared to prior year.

“As one of the largest plastic recyclers in North America, we remove over half a billion pounds of recycled plastic from the waste stream each year, incorporating it into products designed to last decades,” continued Barbour. “Further, we are continually working to increase our usage of recycled material, with the goal of reaching one billion pounds purchased annually by Fiscal 2032, nearly doubling the amount of recycled plastic we purchase today. Not only is using recycled plastic an economically viable solution, but it also lowers our lower carbon footprint.”

ADS’ Fiscal 2024 Sustainability Report is available for download at www.adspipe.com/sustainability.

About Advanced Drainage Systems

Advanced Drainage Systems is a leading manufacturer of innovative stormwater and onsite septic wastewater solutions that manages the world’s most precious resource: water. ADS and its subsidiary, Infiltrator Water Technologies, provide superior stormwater drainage and onsite septic wastewater products used in a wide variety of markets and applications including commercial, residential, infrastructure and agriculture, while delivering unparalleled customer service. ADS manages the industry’s largest company-owned fleet, an expansive sales team, and a vast manufacturing network of approximately 70 manufacturing plants and 40 distribution centers. The company is one of the largest plastic recycling companies in North America, ensuring over half a billion pounds of plastic is kept out of landfills every year. Founded in 1966, ADS’ water management solutions are designed to last for decades. To learn more, visit the Company’s website at www.adspipe.com.

Media Contact:

Brian King

EVP, Product Management and Marketing

Advanced Drainage Systems, Inc.

brian.king@ads-pipe.com

Phone: 614-404-8065

Investor Relations Contact:

Michael Higgins

VP, Corporate Strategy & Investor Relations

Advanced Drainage Systems, Inc.

Michael.Higgins@adspipe.com

Phone: 614-658-0050

Source: Advanced Drainage Systems, Inc. (ADS)

FAQ

How much recycled plastic did Advanced Drainage Systems (WMS) purchase in Fiscal 2024?

Advanced Drainage Systems (WMS) purchased 540 million pounds of recycled plastic in Fiscal 2024, making it one of North America's largest plastic recyclers.

What are Advanced Drainage Systems' (WMS) emission reduction targets for Fiscal 2024?

Advanced Drainage Systems (WMS) submitted targets to The Science Based Targets Initiative, including a 50% reduction in Scope 1 and 2 emissions and a 30% reduction in Scope 3 emissions from the Fiscal 2022 baseline.

How much did Advanced Drainage Systems (WMS) contribute to charitable organizations in Fiscal 2024?

Advanced Drainage Systems (WMS) contributed $2 million to charitable organizations in Fiscal 2024, including $1 million through the ADS Foundation.

What is Advanced Drainage Systems' (WMS) goal for recycled plastic usage by Fiscal 2032?

Advanced Drainage Systems (WMS) aims to reach one billion pounds of recycled plastic purchased annually by Fiscal 2032, nearly doubling their current usage.

How did Advanced Drainage Systems (WMS) improve its safety performance in Fiscal 2024?

Advanced Drainage Systems (WMS) improved its Total Recordable Incident Rate (TRIR), a company-wide safety performance metric, by 19% compared to the prior year.

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