Cintas Corporation Publishes 2022 ESG Report
Cintas Corporation has released its 2022 Environmental, Social, and Governance (ESG) Report, which outlines the company's ESG journey, performance, and initiatives from the previous fiscal year.
The Cintas 2022 ESG Report is the third of its kind and covers the company's fiscal year 2022 (FY'22), which ended on May 31, 2022.
“ESG has become a strategic focus for us at Cintas,” said Todd Schneider, Cintas President and CEO. “We have taken a wider, more holistic view of our company. We'll keep looking at every input and output of our business from a strategic point of view to find more ways to grow. ESG factors are helping us move Cintas forward in every part of our business, and we expect to continue showing our customers, shareholders, and employee-partners that we are a leading firm in terms of sustainability."
“We’ve made impressive progress over the last few years by operating our business with a critical lens and by leveraging our positive discontent to seek and achieve constant improvements. We are proud of our success as we run a highly successful company with a sustainable business model,” Schneider added.
Some of the highlights of the report include the following:
A 27% reduction in emissions intensity since the company’s base reporting year of FY’19, including a 7.5% decrease in FY’22
A 24% decrease in energy intensity since the FY’19 base year, including more than a 7% reduction in FY’22
A decrease in the company’s water intensity of more than 20% since FY’19
A Total Recordable Incident (TRI) rate of 1.61
44.2% of U.S.-based employee-partners self-reporting with minority status
The launch of new employee-partner business resource groups for the Asian-Pacific Islander and LGBTQ+ communities
“Our sustainable business model dates back to Doc and Amelia Farmer in the Great Depression, and it’s helped us responsibly grow our business for almost 100 years,” said Christy Nageleisen, Vice President of ESG and Chief Compliance Officer. “As we continue our ESG journey, and especially our Path to Net Zero, we know we have to remain critical about how we run our business and embrace opportunities to think and act bigger and better.
Schneider continued, “Since we published our last ESG Report, we’ve been incredibly impressed with the curiosity, awareness, and passion about our ESG strategy that we’ve witnessed from our employee-partners, customers, suppliers, shareholders, and the communities we serve. It truly feels like we’re all working together to achieve a better outcome for all of us.”
“Cintas has a strong culture of running our business ethically and responsibly, supporting our employee-partners and our communities, and offering sustainable solutions to our customers. Fundamentally, this is how Cintas has operated and grown through the years, so our stakeholders are even more interested to learn how we plan to lead A Shared Drive for Better in the years ahead,” Nageleisen added.
Source: Cintas Corporation
Click here to learn more about Cintas' 2022 ESG report.
Visit cintas.com/esg. for more information about Cintas' ESG journey.