[ad_1]
Semi-trailer producer Wabash Nationwide (NYSE: WNC) hopped on the bandwagon and shared its first sustainability report Tuesday. A rising variety of corporations all through provide chains are disclosing efforts and goals to function extra sustainably.
Wabash Nationwide’s sustainability report is predicated on 2019 operations and statistics. It focuses on environmental, social and governance (ESG) points, with security of workers, prospects and communities because the No. 1 precedence. The corporate celebrated a zero fatality fee and 6.4 recordable incident fee for workers in 2019.
Scope 1 and Scope 2 greenhouse gasoline (GHG) emissions for the corporate in 2019 had been listed at 72,000 and 64,000 metric tons of CO2, respectively. The report mentioned Wabash Nationwide applied sciences are designed to enhance gasoline effectivity, lowering GHG emissions. Nonetheless, the report didn’t state particular objectives to cut back emissions.
Wabash Nationwide’s molded structural composite (MSC) know-how reduces weight by as much as 20% and improves thermal effectivity by as much as 28% in comparison with conventional designs, based on the report. The corporate mentioned its DuraPlate composite panels lead to a trailer that weighs 300 kilos much less and has the identical sturdiness as a standard trailer. DuraPlate panels include 15-30% post-consumer resin, the report mentioned; every of those panels is 100% recyclable on the finish of its lifespan.
Wabash Nationwide’s recycling applications and use of recycled supplies saved 23,000 mature timber, 73,000 metric tons of GHG emissions and 152 million kilowatt-hours of electrical energy in 2019, based on the report. Although the corporate solely used 0.24% renewable electrical energy in 2019, its Portland, Oregon, facility depends on 100% renewable vitality, the report mentioned.
“Wabash Nationwide has been internally centered on ESG subjects for a while. I’m happy our exterior reporting is extra absolutely reflecting our inside efforts as a result of now we have an excellent story to inform,” mentioned Brent Yeagy, president and CEO, in a release.
The corporate expressed its worth for variety and inclusion when it elevated the variety of minority and feminine workers it employed from Q3 of 2018 to Q3 of 2019, based on the report.
In assist of communities, Wabash Nationwide reported donating greater than $915,000 mixed in company items and worker and provider donations to a number of nonprofit organizations together with United method, Salvation Military and Meals Finders Meals Financial institution in 2019. Over $120,000 in Wabash Nationwide Scholarships was awarded in 2019, based on the report.
An growing backlog signifies Wabash National will have a strong 2021.
Click here for more FreightWaves articles by Alyssa Sporrer.
Associated Tales:
Wabash National to sell Beall brand tankers to MAC Trailers
5 trucking sustainability trends for 2021
Rail manufacturers Wabtec and Greenbrier share plans to fight climate change
European Commission calls for conversion to zero-emission vehicles by 2050
[ad_2]
Source link
