Key initiatives drive progress toward
long-term ESG goals
CHARLOTTE, N.C., Aug. 1, 2024
/PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE: JELD) today released
its 2023 Environmental, Social and Governance (ESG) report. The
report highlights the company's ESG initiatives and progress toward
its 2050 sustainability goals during the 2023 reporting year.
"Our sustainability work touches all areas of our transformation
efforts," said JELD-WEN CEO William J.
Christensen. "We are working hard to improve our culture,
drive better financial performance and, using our history of
sustainability as a guide, building a blueprint for environmental
stewardship across the company. Our ESG goals directly impact all
three and I am proud of our efforts toward achieving our
goals."
In 2022, JELD-WEN set four long-term ESG goals aimed at
significantly reducing its operational environmental impact and
supporting the reduction of consumer energy use.
Initiatives around the globe are advancing our sustainability
goals:
Net zero greenhouse gas emissions (Scope 1 and Scope
2)
- Five facilities in Europe
purchased 100% of their energy from renewable
sources1.
Zero manufacturing waste to landfill
- Our Pottsville, Pennsylvania, site reduced waste to landfill
by 56% between June and December 2023
by finding pathways to recycle more material waste.
100% recycled or sustainably harvested materials
- In Denmark, our Swedoor
brand started a new recycling project to test the potential of
reusing doors from public buildings – advancing circularity and
keeping the doors out of the landfill.
100% global sourcing of sustainable or certified wood
- 35% of our global wood sourcing is sustainable or
certified wood – a 24% improvement over the 2021
baseline2.
"Our commitment to sustainability is not just a goal; it's a
promise we uphold with every action we take," said Farsad Fotouhi, vice president of global ESG.
"By minimizing our environmental impact, we are fostering a world
where prosperity and planetary wellbeing are harmonized."
The JELD-WEN ESG report aligns with ESG best practice reporting
frameworks and industry standards such as the Sustainability
Accounting Standards Board (SASB), "Building Products &
Furnishings," the Revised Global Reporting Initiative (GRI)
Standards (2021) and the Task Force on Climate-related Financial
Disclosures (TCFD).
Read the full 2023 ESG report here.
About JELD-WEN Holding, Inc.
JELD-WEN Holding, Inc. (NYSE: JELD) is a leading global
designer, manufacturer and distributor of high-performance interior
and exterior doors, windows, and related building products serving
the new construction and repair and remodeling sectors. Based in
Charlotte, North Carolina,
JELD-WEN operates facilities in 15 countries in North America and Europe and employs approximately 18,000
associates dedicated to bringing beauty and security to the spaces
that touch our lives. The JELD-WEN family of brands includes
JELD-WEN® worldwide, LaCantina® and VPI™ in
North America, and
Swedoor® and DANA® in Europe. For more information,
visit corporate.JELD-WEN.com or follow us
on LinkedIn.
Forward-Looking Statements
This press release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, including statements
regarding our business strategies and related business and
stakeholder impacts and our ability to execute on our plans,
initiatives, projections, goals, and commitments. These
forward-looking statements are generally identified by the use of
forward-looking terminology, including the terms "anticipate,"
"believe," "continue," "could," "estimate," "expect," "intend,"
"likely," "may," "plan," "possible," "potential," "predict,"
"project," "should," "target," "will," "would" and, in each case,
their negative or other various or comparable terminology. These
statements involve risks and uncertainties that could cause actual
results to differ materially. For a discussion of these risks and
uncertainties, please refer to our Annual Report on Form 10-K for
the year ended December 31, 2023 and
our other filings with the U.S. Securities and Exchange
Commission.
Media Contact:
JELD-WEN Holding, Inc.
Caryn Klebba
Head of Global Public Relations
704-807-1275
mediana@jeldwen.com
Investor Relations Contact:
James Armstrong
Vice President, Investor Relations
704-378-5731
jarmstrong@jeldwen.com
1 Two facilities purchased grid electricity for the
first two months of 2023.
2 2021 North America wood data is from four of our
largest wood vendors. 2022 North America wood data includes an
additional four wood vendors totaling to eight. 2023 North America
wood data is from 11 of our largest wood vendors and several mill
vendors.
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SOURCE JELD-WEN Holding, Inc.