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METTAWA, Sick., March 31, 2021 (GLOBE NEWSWIRE) — Brunswick Company (NYSE: BC) as we speak printed its 2020 Sustainability Report, Our Stake in Tomorrow’s Tide, highlighting the Firm’s progress towards its sustainability targets, together with a continued dedication to advance its Environmental, Social, and Governance (ESG) methods. The report additionally displays Brunswick’s dedication to sustainable manufacturing and contributing to the communities during which it operates.
“Brunswick understands the influence our companies and merchandise have on the setting and our alternatives to cleared the path in sustainable, accountable enterprise practices,” mentioned Dave Foulkes, Brunswick Company CEO. “We’re dedicated to repeatedly broadening, advancing, and delivering on our sustainability mission and to enhancing the communities during which we stay and work, and during which our merchandise function. Our 2020 report highlights a few of these collective efforts, together with how we prioritized the well being and security of our staff within the face of immense challenges ensuing from the COVID-19 pandemic.”
Targeted on the pillars of power, setting, merchandise, and folks, the report highlights the Firm’s ESG accomplishments and its long-term targets and aims, together with:
- Reporting the bottom recordable incident charge in Firm historical past
- Reaching zero-waste to landfill standing on the Ft. Wayne, Indiana, aluminum boat manufacturing plant – the primary Brunswick boat manufacturing facility to realize this standing; this profitable program shall be replicated at Brunswick’s aluminum boat group crops in 2021.
- Putting in a big photovoltaic array at Mercury Marine’s world headquarters in Fond du Lac, Wisconsin – this array, coupled with the same array at Mercury’s Petit-Rechain facility in Belgium, will contribute to Brunswick’s aim to derive 50% of the Firm’s electrical energy from renewable sources by the top of 2030.
- Changing balsa wooden as a filler materials in its fiberglass boat manufacturing course of with Gurit® Kerdyn™ Inexperienced PET recycled foam, absorbing 4.7 million plastic bottles per yr and saving 1000’s of bushes.
In 2020, Brunswick was acknowledged a number of instances for ESG initiatives, together with being named to Forbes’ lists of America’s Greatest Employers for Girls, America’s Greatest Employers for Range, and America’s Greatest Employers for Veterans. As well as, the Firm was honored with the Worldwide Boat Trade Neighborhood Assist Initiative Award, was named by Newsweek to its 2021 listing of America’s Most Accountable Firms, and was ranked within the Prime 10 on the Forbes America’s Greatest Giant Employers listing, inserting 1st within the Engineering and Manufacturing Class.
“Our dedication to sustainability, security, and company duty extends throughout our layers of governance and administration, and all through your entire enterprise, from the Board of Administrators to our management crew to our world staff and our channel and provider companions,” mentioned Foulkes. “As the worldwide marine trade chief, it’s our position to cleared the path in sustainability simply as in lots of different areas.”
The complete report might be accessed at: https://www.brunswick.com/corporate-responsibility/sustainability-reports
About Brunswick:
Headquartered in Mettawa, Sick., Brunswick Company’s main client manufacturers embrace Mercury Marine outboard engines; Mercury MerCruiser sterndrive and inboard packages; Mercury world elements and equipment together with propellers and SmartCraft electronics; Energy Merchandise Built-in Options; MotorGuide trolling motors; Attwood, Mastervolt, and Whale marine elements; Land ’N’ Sea, BLA, Payne’s Marine, Kellogg Marine, and Lankhorst Taselaar marine elements distribution; Mercury and Quicksilver elements and oils; Bayliner, Boston Whaler, Crestliner, Cypress Cay, Harris, Heyday, Lowe, Lund, Princecraft, Quicksilver, Rayglass, Sea Ray, Thunder Jet and Uttern boats; Boating Companies Community, Freedom Boat Membership and BoatClass. For extra info, go to brunswick.com.
Ahead-Trying Statements
Sure statements on this information launch are forward-looking statements as outlined within the Non-public Securities Litigation Reform Act of 1995. Ahead-looking statements are based mostly on present expectations, estimates, and projections about Brunswick’s enterprise and by their nature handle issues which might be, to completely different levels, unsure. Phrases similar to “might,” “might,” “ought to,” “anticipate,” “anticipate,” “venture,” “place,” “intend,” “goal,” “plan,” “search,” “estimate,” “imagine,” “predict,” “outlook,” and comparable expressions are supposed to establish forward-looking statements. Ahead-looking statements are usually not ensures of future efficiency and contain sure dangers and uncertainties that will trigger precise outcomes to vary materially from expectations as of the date of this information launch. These dangers embrace, however are usually not restricted to: the impact of hostile normal financial situations, together with the quantity of disposable earnings customers have out there for discretionary spending; modifications in foreign money change charges; fiscal coverage issues; hostile financial, credit score, and capital market situations; larger power and gasoline prices; aggressive pricing pressures; the coronavirus (COVID-19) pandemic, together with, with out limitation, the influence on world financial situations and on capital and monetary markets, modifications in client habits and demand, the potential unavailability of personnel or key services, modifications to our operations, and the potential implementation of regulatory actions; managing our manufacturing footprint; climate and catastrophic occasion dangers; worldwide enterprise dangers; our capability to develop new and progressive services and products at a aggressive value; our capability to fulfill demand in a quickly altering setting; lack of key prospects; precise or anticipated will increase in prices, disruptions of provide, or defects in uncooked supplies, elements, or elements we buy from third events, together with on account of pressures as a result of pandemic; provider manufacturing constraints, elevated demand for delivery carriers, and transportation disruptions; absorbing mounted prices in manufacturing; joint ventures that don’t function solely for our profit; our capability to efficiently implement our strategic plan and progress initiatives; attracting and retaining expert labor, implementing succession plans for key management, and executing organizational and management modifications; our capability to establish, full, and combine focused acquisitions; the danger that strategic divestitures is not going to present enterprise advantages; sustaining efficient distribution; ample financing entry for sellers and prospects; necessities for us to repurchase stock; stock reductions by sellers, retailers, or impartial boat builders; dangers associated to the Freedom Boat Membership franchise enterprise mannequin; outages, breaches, or different cybersecurity occasions relating to our know-how programs, which might have an effect on manufacturing and enterprise operations and will lead to misplaced or stolen info and related remediation prices; our capability to guard our manufacturers and mental property; modifications to U.S. commerce coverage and tariffs; having to report an impairment to the worth of goodwill and different property; product legal responsibility, guarantee, and different claims dangers; authorized and regulatory compliance, together with elevated prices, fines, and reputational dangers; modifications in earnings tax laws or enforcement; managing our share repurchases; and sure divisive shareholder activist actions.
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