Trinity Industries, Inc. Announces Inaugural Corporate Social Responsibility Report
April 01 2021 - 9:15AM
Business Wire
Today Trinity Industries, Inc. (NYSE:TRN) is publishing its
inaugural 2020 Corporate Social Responsibility Report (CSR). The
report details the Company’s Environmental, Social, and Governance
(ESG) initiatives and response to COVID-19. The report aligns with
and discloses metrics from the Sustainability Accounting Standards
Board (SASB) framework, an international standard referenced to
identify business-relevant factors most material to the
Company.
Key ESG achievements included in the Company’s inaugural CSR
Report include:
- Increased disclosure on Human Capital and Diversity and
Inclusion initiatives, including commitment to ethnicity and gender
goal setting,
- Commitment to set targets for energy consumption, GHG
emissions, water, and waste in our operations, and
- Becoming the first railcar lessor in North America to publish a
Green Financing Framework, supported by a second party opinion from
Sustainalytics.
“At Trinity, we take pride in serving communities by delivering
commodities by rail – safely, efficiently and sustainably - across
North America,” said Jean Savage, Trinity’s Chief Executive Officer
and President. “Our long-standing commitment to high ethical
standards, a workplace that values and respects all employees,
sound governance, and resource stewardship is foundational to our
core mission of Delivering Goods for the Good of All. We are
pleased to publish our inaugural Corporate Social Responsibility
report to further integrate key principles of sustainability,
including actions and transparency in environmental stewardship,
safety and quality assurance, and diversity and inclusion that
ultimately measure our effectiveness in long-term value creation
for all our stakeholders.”
Trinity's Board of Directors and Executive Leadership Team
oversee the Company’s Environmental, Social, and Governance
initiatives, which have been integrated into the Company’s
long-term planning and strategy. This inaugural report is a major
milestone for Trinity as the Company continues its commitment to
ongoing and long-term ESG improvements.
To learn more, Trinity’s Corporate Social Responsibility Report
can be accessed here.
About Trinity Industries
Trinity Industries, Inc., headquartered in Dallas, Texas, owns
businesses that are leading providers of rail transportation
products and services in North America. Our rail-related businesses
market their railcar products and services under the trade name
TrinityRail®. The TrinityRail platform provides railcar leasing and
management services, as well as railcar manufacturing, maintenance
and modifications. Trinity also owns businesses engaged in the
manufacture of products used on the nation’s roadways and in
traffic control. Trinity reports its financial results in three
principal business segments: the Railcar Leasing and Management
Services Group, the Rail Products Group, and All Other. For more
information, visit: www.trin.net.
Some statements in this release, which are not historical facts,
are “forward-looking statements” as defined by the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements include statements about Trinity's estimates,
expectations, beliefs, intentions or strategies for the future, and
the assumptions underlying these forward-looking statements,
including, but not limited to, future financial and operating
performance, future opportunities and any other statements
regarding events or developments that Trinity believes or
anticipates will or may occur in the future, including the
potential financial and operational impacts of the COVID-19
pandemic. Trinity uses the words “anticipates,” “assumes,”
“believes,” “estimates,” “expects,” “intends,” “forecasts,” “may,”
“will,” “should,” “guidance,” “projected,” “outlook,” and similar
expressions to identify these forward-looking statements.
Forward-looking statements speak only as of the date of this
release, and Trinity expressly disclaims any obligation or
undertaking to disseminate any updates or revisions to any
forward-looking statement contained herein to reflect any change in
Trinity’s expectations with regard thereto or any change in events,
conditions or circumstances on which any such statement is based,
except as required by federal securities laws. Forward-looking
statements involve risks and uncertainties that could cause actual
results to differ materially from historical experience or our
present expectations, including but not limited to risks and
uncertainties regarding economic, competitive, governmental, and
technological factors affecting Trinity’s operations, markets,
products, services and prices, and such forward-looking statements
are not guarantees of future performance. For a discussion of such
risks and uncertainties, which could cause actual results to differ
from those contained in the forward-looking statements, see “Risk
Factors” and “Forward-Looking Statements” in Trinity’s Annual
Report on Form 10-K for the most recent fiscal year, as may be
revised and updated by Trinity’s Quarterly Reports on Form 10-Q,
and Trinity’s Current Reports on Form 8-K.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210401005517/en/
Investor Contact: Jessica L.
Greiner Vice President, Investor Relations and Communications
Trinity Industries, Inc. (Investors) 214/631-4420
Media Contact: Jack L. Todd
Vice President, Public Affairs Trinity Industries, Inc. (Media
Line) 214/589-8909
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