ADS recognized by USA TODAY for significantly reducing
greenhouse gas emissions intensity
HILLIARD, Ohio, June 22,
2023 /PRNewswire/ -- Advanced Drainage Systems, Inc.
(ADS) (NYSE: WMS), a leading provider of innovative water
management solutions and one of the largest plastic recycling
companies in North America, was
recently recognized for its efforts to reduce greenhouse gas
emissions, one of the leading drivers of climate change.
ADS Identified as a Corporate Climate
Leader, recognized for significantly reducing greenhouse gas
emissions intensity
USA TODAY announced on
May 24 that ADS was included in its
inaugural list of America's Climate Leaders. In its 2022
sustainability report, ADS reported a decrease in greenhouse gas
emissions intensity by 31% and reduced energy intensity by 22%
year-over-year.
Being a leader in the circular economy is not only good for the
environment, but for shareholders, customers and employees. By
recycling more than half a billion pounds of plastic every year,
ADS reduced its greenhouse gas emissions by more than 770 million
pounds, which amounts to taking 74,000 cars off the road.
"ADS is committed to reducing the carbon footprint in both our
operations and supply chain — it is a priority for us," said
Scott Barbour, ADS president and
CEO. "Our mission is to safeguard the environment, and this
recognition is validation of the work ADS is doing to protect and
improve the quality of life in communities."
USA TODAY recognized ADS after
a detailed analysis conducted through a partnership with Statista,
a market research firm. The firm and USA TODAY investigated companies that cut
emissions intensity from 2019 to 2021, whittling an original list
of 2,000 to 400 U.S.-based companies.
It was the first such analysis in USA TODAY history. The
newspaper called it "a data-driven recognition of companies that
cut their carbon footprint in recent years, a noteworthy
achievement for investors, customers and anyone who is trying to
make sense of these still-evolving measures."
The Science Based Targets initiative (SBTi) is a partnership
between the Carbon Disclosure Project, the United Nations Global
Compact, World Resources Institute and the World Wide Fund for
Nature. This partnership is working to mobilize the private sector
to limit global warming to 1.5°C and prevent the worst effects of
climate change. More information can be found
at https://sciencebasedtargets.org. ADS signed a commitment to
the SBTi in 2022.
About Advanced Drainage Systems
Advanced Drainage
Systems is a leading manufacturer of innovative stormwater and
on-site septic wastewater solutions that manages the world's most
precious resource: water. ADS and its subsidiary, Infiltrator Water
Technologies, provide superior stormwater drainage and on-site
septic wastewater products used in a wide variety of markets and
applications including commercial, residential, infrastructure and
agriculture, while delivering unparalleled customer service. ADS
manages the industry's largest company-owned fleet, an expansive
sales team, and a vast manufacturing network of approximately 70
manufacturing plants and 40 distribution centers. The company is
one of the largest plastic recycling companies in North America, ensuring over half a billion
pounds of plastic is kept out of landfills every year. Founded in
1966, ADS provides water management solutions designed to last for
decades. To learn more, visit the company's website at
www.adspipe.com.
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SOURCE Advanced Drainage Systems, Inc.