Monro, Inc. Publishes Fourth Annual Environmental, Social, and Governance (ESG) Report
June 18 2024 - 4:15PM
Business Wire
Publication features focus on governance
improvements, Teammate initiatives, and energy efficiency.
Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive
undercar repair and tire services, has released its fourth annual
report dedicated to how environmental, social, and governance (ESG)
factors are integrated into its corporate decision making and
strategy. The publication, “2024 ESG Report,” covers efforts for
fiscal year 2024.
This document highlights Monro’s ongoing efforts to foster an
inclusive and thriving culture for its Teammates, deliver
world-class service to its Guests, positively impact the
communities where it operates, and make sustainable environmental
decisions.
“By investing in our Teammates and providing exceptional service
to our Guests – both factors that drive our business – we are
building a more resilient Monro that creates sustainable value for
all our stakeholders,” said Mike Broderick, Monro’s President and
Chief Executive Officer. “We are excited about the opportunities
that lie ahead, and we thank you for your continued support and
partnership as we work to build a stronger and more responsible
business.”
The report addresses Monro’s recent progress and notable
highlights:
- Completed its first ESG materiality analysis through engagement
with investors, the Board, and leaders across our stores and in
management.
- Continued investment in Teammate engagement, development, and
safety through new feedback and training sessions for District
Managers and improved safety training and reporting processes.
- Progressed in a community engagement strategy that leverages
partnerships, Guest involvement, and Teammate engagement to deliver
meaningful support to Monro communities.
- Made progress towards our goal of 100% LED lighting in stores
by 2028.
Monro’s “2024 ESG Report” maps to certain metrics of the
Sustainability Accounting Standards Board’s (SASB) Multiline &
Specialty Retailers and Auto Parts industries.
The publication is available on Monro’s corporate website at
https://corporate.monro.com/esg/default.aspx.
About Monro, Inc.
Monro, Inc. (NASDAQ: MNRO) is one of the nation’s leading
automotive service and tire providers, delivering best-in-class
auto care to communities across the country, from oil changes,
tires, and parts installation, to the most complex vehicle repairs.
With a growing market share and a focus on sustainable growth, the
Company generated about $1.3 billion in sales in fiscal 2024, and
it continues to expand its national presence through strategic
acquisitions and the opening of newly constructed stores. Across
approximately 1,300 stores and 9,000 service bays nationwide, Monro
brings customers the professionalism and high-quality service they
expect from a national retailer, with the convenience and trust of
a neighborhood garage. Monro’s highly trained teammates and
certified technicians bring together hands-on experience and
state-of-the-art technology to diagnose and address automotive
needs every day to get customers back on the road safely. For more
information, please visit https://corporate.monro.com/.
MNRO-Corp
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version on businesswire.com: https://www.businesswire.com/news/home/20240618359995/en/
Investors and Media: Felix Veksler Senior Director, Investor
Relations ir@monro.com
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