Wabash Releases Third Annual Corporate Responsibility Report and CEO’s Letter to Stockholders

Rhea-AI Summary

Wabash (NYSE: WNC) has released its 2021 Corporate Responsibility Report, highlighting the company's ongoing commitment to environmental, social, and governance (ESG) initiatives. CEO Brent Yeagy emphasized Wabash's role as an industry leader in product design and its focus on sustainability to meet customer carbon reduction goals. The report aligns with the Task Force on Climate-related Financial Disclosures and incorporates Sustainability Accounting Standards Board metrics. Both the report and Yeagy's annual letter to stockholders are available on the company's investor relations website.

Positive

• Demonstrates commitment to sustainability and ESG initiatives.
• Aligns with Task Force on Climate-related Financial Disclosures.
• Highlights customer focus on carbon reduction goals.

Negative

• None.

LAFAYETTE, Ind., April 04, 2022 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC), the visionary leader of connected solutions for the transportation, logistics and distribution industries, today published its third annual Corporate Responsibility Report and, separately, President and Chief Executive Officer Brent Yeagy’s annual letter to stockholders.

The company’s 2021 Corporate Responsibility Report provides an overview and assessment of the ongoing environmental, social and governance (ESG) initiatives that demonstrate Wabash’s commitment to sustainability, social responsibility and sound management practices. These components of the company’s strategy are also represented in Yeagy’s letter to stockholders, which was issued in the company’s 2021 Annual Report.

“Wabash has always led the industry in product design,” Yeagy wrote to stockholders, “and in recent years we set our focus on environmental impact, which has gained customers’ attention as they work toward meeting carbon reduction goals.”

In his comments in the Corporate Responsibility Report, Yeagy goes on to say, “This is more than a report. This is and always has been an integral part of who we are and what we do. I am proud of the progress our team has made to drive long-term positive change for Wabash and all our stakeholders. Wabash is committed to Changing How the World Reaches You, and that commitment extends beyond the boundaries of our day-to-day business. As an innovator in transportation, logistics and distribution, we know the changes and improvements we make in the way we work can drive change throughout the industry.”

Wabash’s 2021 Corporate Responsibility Report was prepared in accordance with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and using relevant Sustainability Accounting Standards Board (SASB) baseline metrics. The preparation of the report was conducted by a cross-functional team of subject matter experts and overseen by the company’s executive officers and Board of Directors.

The full 2021 Corporate Responsibility Report and Letter to Stockholders in the 2021 Annual Report are available at ir.onewabash.com.

About Wabash
Wabash (NYSE: WNC) is the visionary leader of connected solutions for the transportation, logistics and distribution industries that is Changing How the World Reaches You™. Headquartered in Lafayette, Indiana, the company enables customers to thrive by providing insight into tomorrow and delivering pragmatic solutions today to move everything from first to final mile. Wabash designs, manufactures, and services a diverse range of products, including: dry freight and refrigerated trailers, flatbed trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade processing equipment. Learn more at www.onewabash.com.

Media Contact:
Dana Stelsel
Director, Communications
(765) 771-5766
dana.stelsel@onewabash.com

Investor Relations:
Ryan Reed
Director, Corporate Development & Investor Relations
(765) 490-5664
ryan.reed@onewabash.com

FAQ

What did Wabash announce in its 2021 Corporate Responsibility Report?

Wabash announced its ongoing commitment to ESG initiatives and sustainability in its 2021 Corporate Responsibility Report.

How does Wabash's report align with industry standards?

Wabash's report is prepared in accordance with the Task Force on Climate-related Financial Disclosures recommendations and uses relevant Sustainability Accounting Standards Board metrics.

What are the key focuses of Wabash's Corporate Responsibility Report?

The key focuses are environmental sustainability, social responsibility, and sound management practices.

Who is the CEO of Wabash and what did he state about the company's initiatives?

CEO Brent Yeagy stated that Wabash's initiatives are integral to their identity and aim to drive long-term positive change.

Where can I find Wabash's Corporate Responsibility Report and letter to stockholders?

Both documents are available on Wabash's investor relations website.