Forward Air Releases Updated Environmental, Social and Governance Report Via New Dedicated Website
November 16 2022 - 1:00PM
Business Wire
Forward Air Corporation (NASDAQ: FWRD) (the “Company” or
“Forward”) is executing a growth strategy that involves organic
infrastructure investments, such as its ongoing LTL network
expansion, as well as inorganic investments, including acquisitions
of complementary businesses. Today, Forward announced the release
of its updated Environmental, Social and Governance (ESG) report,
providing a detailed overview of the Company’s ESG commitments
through a new ESG-specific website.
In March, 2021, Forward published its first ESG report,
signaling the Company's commitment to building an operational model
focused on sustainability, governance and accountability. The
Company’s 2022 ESG report reinforces Forward’s intent to make a
positive impact on its business, its people and the
environment.
Tom Schmitt, Chairman, President and CEO, said, "Last year, we
laid out our top ten priorities with our first ESG report. This
year’s report sets baselines and some ambitious targets – including
a 42% reduction in Scope 1 and Scope 2 greenhouse gas emissions by
2030. ESG reporting encourages us to continue striving for progress
– to be more diverse, to be more environmentally conscious, and
most importantly to be a safer workplace with a net positive impact
on our communities – doing the right things the right way.”
The Company’s 2022 ESG report includes measurable targets, goals
and data that reflect SASB and GRI guidance. The report and new
website are accessible through Forward's investor relations site
here.
About Forward Air Corporation
Forward Air is a leading asset-light provider of transportation
services across the United States and Canada. We provide expedited
less-than-truckload services, including local pick-up and delivery,
shipment consolidation/deconsolidation, warehousing, and customs
brokerage by utilizing a comprehensive national network of
terminals. In addition, we offer final mile services, including
delivery of heavy-bulky freight, truckload brokerage services,
including dedicated fleet services; and intermodal, first-and
last-mile, high-value drayage services, both to and from seaports
and railheads, dedicated contract and Container Freight Station
warehouse and handling services. We are more than a transportation
company. Forward is a single resource for your shipping needs. For
more information, visit our website at www.forwardaircorp.com.
This press release may contain statements that might be
considered as forward-looking statements or predictions of future
operations including with respect to the expected growth and future
performance of the Company and the ability of the Company to make
necessary adjustments that will allow it to continue providing
world-class service to its customers. Such statements are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 and are based on management’s belief
or interpretation of information currently available. These
statements and assumptions involve certain risks and uncertainties.
Actual events may also differ from these expectations as a result
of the risks identified from time to time in our filings with the
Securities and Exchange Commission. You should consider the
forward-looking statement contained herein in light of such risks.
We assume no duty to update these statements as of any future
date.
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Katie Bishop kbishop@forwardair.com
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