JELD-WEN Announces ESG Progress in 2022

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by KnowESG
KnowESG_JELD-WEN Announces ESG Progress in 2022
Image courtesy of JELD-WEN

JELD-WEN Holding, Inc., a prominent global manufacturer of construction materials, unveiled its 2022 Environmental, Social, and Governance (ESG) report.

This comprehensive report spotlights the company's ESG accomplishments throughout the 2022 reporting year and its strides towards achieving sustainability objectives by 2050.

"At JELD-WEN, responsible leadership has been a cornerstone of our company for many years," noted JELD-WEN's CEO, William J. Christensen. "As we continue to evolve our business and enhance our ESG performance, our long-term aspirations remain both ambitious and deliberate. These aspirations are deeply rooted in our enduring commitment to fostering a safe, diverse, and inclusive workplace for our team members and providing sustainable, innovative solutions that benefit our customers, communities, and the environment."

JELD-WEN has made a steadfast commitment to revolutionise the windows and doors industry by introducing cutting-edge energy-efficient solutions and championing sustainability in its operations and product offerings aimed at reducing waste and utilising eco-friendly materials.

Last year, the company introduced its 2050 sustainability goals, with a focus on significantly decreasing its operational environmental impact and expanding its range of energy-efficient products to enable customers to minimise their own environmental footprint.

Notable highlights from JELD-WEN's 2022 ESG report encompass:

  • 4% decrease in absolute greenhouse gas (GHG) emissions in 2022 compared to 2021.

  • 7% reduction in metric tonnes of waste sent to landfills in 2022 compared to the previous year.

  • 7% decrease in the total number of severe injuries recorded in 2022 compared to 2021.

  • Offering over 300 Diversity, Equity, and Inclusion (DE&I) courses in 2022.

  • 52% of North America's early career and intern candidates hailed from ethnically diverse backgrounds.

  • 44% representation of women on the Board of Directors.

Farsad Fotouhi, Vice President of Global ESG, emphasised, "Our products and services allow us to become an integral part of people's daily lives, whether at home or work. We are resolutely committed to ensuring that the products we offer are not only aesthetically pleasing and secure but also environmentally responsible."

The 2022 ESG report by JELD-WEN also highlights the company's improved governance structure and reporting mechanisms, in addition to the progress made in establishing a more diverse, equitable, and inclusive workplace culture.

This JELD-WEN ESG report is in alignment with leading ESG reporting frameworks and industry standards, including the Sustainability Accounting Standards Board (SASB) for "Building Products & Furnishings," the Revised Global Reporting Initiative (GRI) Standards (2021), and the Task Force on Climate-related Financial Disclosures (TCFD).

For those interested in delving into the complete 2022 ESG report, you can access it here.

For more investor-related news

To view and compare company ESG Ratings and Sustainability Reports, visit our Company ESG Profiles page.

Source: PRNewswire

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