Cashu Logo
HomeWatchlistNewsSignalsPicks
DJI
-1.23%
SPX
-1.60%
IXIC
-2.24%
FTSE
-0.70%
N225
-0.66%
AXJO
-0.92%
Cashu Logo
Log In
HomeWatchlistNewsSignalsPicks
Join our newsletter to keep up to date with us!
Cashu Logo Alt
Cashu is the #1 way to stay ahead of the markets, know why your favourite stocks are moving and access valuation signals that smash the market.

Company

  • About Us
  • Careers
  • Blog
  • News

Help & Support

  • Help Center
  • Contact Us
  • Pro Support

Legal

  • Privacy Policy
  • Terms of Use
InstagramYouTube

© 2024 Cashu PTY LTD.

JELD-WEN Holding's 2024 Report Highlights Major Sustainability Achievements and Goals

publisher logo
Cashu
4 days ago
Cashu TLDR
  • JELD-WEN's 2024 Sustainability Report emphasizes its commitment to environmental, social, and governance (ESG) initiatives.
  • The company aims for all wood to be responsibly sourced by 2030 and net-zero greenhouse gas emissions by 2050.
  • JELD-WEN reports a 12% reduction in landfill waste and a 10% decrease in greenhouse gas emissions since 2021.
jeld Logo
JELD
JELDWEN Holding
0.67%

JELD-WEN Advances Sustainability Goals in 2024 Report

JELD-WEN Holding, Inc., a leading global manufacturer of building products based in Charlotte, North Carolina, has unveiled its 2024 Sustainability Report, highlighting significant strides in its environmental, social, and governance (ESG) initiatives. The report underscores the company's commitment to sustainability through innovation and operational efficiency, focusing on four primary pillars: products, environmental stewardship, social responsibility, and governance. CEO William J. Christensen emphasizes the importance of sustainability as a key business driver, showcasing JELD-WEN's ongoing efforts to minimize its environmental footprint while enhancing employee investment.

In alignment with its ambitious sustainability targets, JELD-WEN aims for all wood used in its production to be responsibly sourced by 2030. The company also strives to achieve a Total Recordable Incident Rate (TRIR) of less than 1.0, reflecting its dedication to workplace safety. Long-term sustainability goals extend to reaching net-zero Scope 1 and Scope 2 greenhouse gas emissions and eliminating manufacturing waste in landfills by 2050. Key achievements mentioned in the report include compliance from 63% of wood suppliers with the Global Sourcing Policy, a 12% year-over-year reduction in landfill waste, and a 10% decrease in greenhouse gas emissions since 2021.

The report further highlights a 7% annual reduction in energy consumption and a 5% decline in lost time injury rates, indicating JELD-WEN's commitment to continuous improvement in both environmental impact and employee well-being. Carolyn Payne, Director of Global ESG, reinforces the company's resolve to embed sustainability into every aspect of its operations. With a workforce of approximately 16,000 associates across 14 countries, JELD-WEN continues to forge ahead on its sustainability journey, setting industry standards and paving the way for responsible manufacturing practices.

In addition to its sustainability advancements, JELD-WEN’s report provides insights into its community engagement efforts, emphasizing social responsibility as a core value. The company recognizes that fostering a positive impact on the communities it serves is integral to its overall mission.

As JELD-WEN continues to enhance its sustainability framework, it positions itself as a leader in the building products industry, demonstrating that environmentally responsible practices can coexist with business growth and profitability. For more details on JELD-WEN's sustainability initiatives, stakeholders can visit corporate.jeld-wen.com/responsibility.

The content provided here is for informational purposes only and should not be considered financial or investment advice. Investing in stocks carries risks, including potential loss of principal. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We are not responsible for any losses or damages resulting from your use of this information.

More News

Feature in Progress
This section is under development. Check back soon for updates!