JELD-WEN Holding's 2024 Sustainability Report Highlights Commitment to Environmental Responsibility and Innovation

JELD-WEN's Commitment to Sustainable Building Practices

JELD-WEN Holding, Inc., a leading global manufacturer of building products, underscores its commitment to sustainability in its recently released 2024 Sustainability Report. The report reveals the company's strategic initiatives focused on environmental, social, and governance (ESG) practices, highlighting JELD-WEN's dedication to responsible sourcing and operational efficiency. CEO William J. Christensen emphasizes that sustainability is not just a compliance measure but a vital business driver that enhances the company's resilience and market position. Through this report, JELD-WEN aims to showcase its progress across four key pillars: products, environmental stewardship, social responsibility, and governance.

One of the central themes of the report is JELD-WEN's ambitious targets for the near future. By 2030, the company aims to ensure that all wood used in its production processes is responsibly sourced. This goal is complemented by a commitment to achieving a Total Recordable Incident Rate (TRIR) of less than 1.0, showcasing the company's focus on employee safety. The long-term vision includes reaching net zero Scope 1 and Scope 2 greenhouse gas emissions by 2050, alongside a commitment to eliminate manufacturing waste in landfills. These objectives reflect JELD-WEN's proactive approach to addressing climate change and promoting sustainable practices within the building products industry.

The report also highlights tangible achievements that demonstrate JELD-WEN's progress in sustainability. Approximately 63% of the company's wood suppliers comply with the Global Sourcing Policy, indicating a strong commitment to responsible procurement. Furthermore, JELD-WEN reports a 12% year-over-year reduction in landfill waste and a 10% decrease in greenhouse gas emissions since 2021, showcasing the effectiveness of its operational strategies. Energy consumption has also been reduced by 7% annually, and lost time injury rates have declined by 5% year-over-year. Carolyn Payne, Director of Global ESG, reinforces the importance of integrating sustainability into every aspect of the company’s operations, indicating a holistic approach to responsible business practices.

In addition to its sustainability goals, JELD-WEN continues to invest in its workforce. With approximately 16,000 associates across 14 countries, the company recognizes that employee engagement and safety are critical components of its success. The 2024 Sustainability Report positions JELD-WEN not only as a manufacturer of building products but as a leader in fostering a sustainable future within the industry.

As JELD-WEN forges ahead on its sustainability journey, stakeholders can explore detailed insights and initiatives at corporate.jeld-wen.com/responsibility. The company's commitment to responsible sourcing and environmental stewardship is set to influence its operations and the broader building products market in the years to come.