WAUKESHA, Wis., April 25,
2023 /PRNewswire/ -- Generac Holdings
Inc. ("Generac") (NYSE: GNRC), a leading global designer and
manufacturer of energy technology solutions and other power
products, today announced the issuance of the Company's
Environmental, Social, and Governance (ESG) report for the year
ending December 31, 2022.
The 2022 report outlines how Generac is executing its mission to
lead the evolution to more resilient, efficient, and sustainable
energy solutions. The report is aimed at serving as a helpful
resource for reviewing Generac's ESG achievements and ongoing
efforts in key areas deemed important to stakeholders. Since
its inaugural report, issued in 2021, Generac has highlighted its
efforts in product and operational sustainability, social
responsibility to its employees and communities, and the Company's
transparency and commitment to corporate governance and its ethical
values.
"In this latest ESG report, we are excited to share the work
that we've accomplished and the milestones we've reached," said
Aaron Jagdfeld, president and chief
executive officer at Generac. "From our culture of continuous
improvement to our ongoing support of our local communities to our
efforts around product sustainability, this report shows our
steadfast commitment to the principles of ESG and our persistent
drive to make the world a better place through our products, our
people, and the communities we serve."
The 2022 report also describes the initial buildout of the
infrastructure for incorporating climate change risks and
opportunities into the Company's business planning processes which
considers the Task Force on Climate-related Financial Disclosures
("TCFD") reporting framework. In addition, there are expanded
disclosures in the report in alignment with recognized frameworks
and standards, including the Sustainability Accounting Standards
Board ("SASB") and the United Nations Sustainable Development Goals
("SDGs"), and with reference to the Global Reporting Initiative
("GRI").
To read Generac's complete 2022 ESG report visit
www.generac.com/esg.
About Generac
Generac is a leading energy technology company that provides
backup and prime power systems for home and industrial
applications, solar + battery storage solutions, smart home energy
management devices and energy services, advanced power grid
software platforms and engine- and battery-powered tools and
equipment. Founded in 1959, Generac introduced the first
affordable backup generator and later created the category of
automatic home standby generator. The company is committed to
sustainable, cleaner energy products poised to revolutionize the
21st century electrical grid.
Media Contact: Stephanie
Rodgers
Stephanie.Rodgers@Generac.com
Phone: 262.544.4811 Ext. 4456
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SOURCE Generac Power Systems, Inc.