Winnebago Industries and The Nature Conservancy Announce Strategic Partnership to Invest in Conservation Restoration
May 09 2023 - 8:30AM
Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle
product manufacturer, and The Nature Conservancy, today announced a
new strategic partnership to promote conservation and protect the
outdoors. The partnership centers on a land and water impact goal;
reforestation as a natural climate solution in Minnesota and the
Ocean and Coasts Network’s blue carbon work in Florida.
The reforestation initiative aims to plant trees on previously
forested acres throughout Winnebago Industries’ headquarters state
of Minnesota. Reforestation is a cost-effective, natural climate
solution that provides multiple benefits such as clean water and
air, habitat for wildlife, and improved public health as well as
the ability to function as a significant carbon store.
“As an outdoors company, we are committed to doing our part to
protect the environment,” said Jil Littlejohn Bostick, who
leads corporate responsibility and inclusion for Winnebago
Industries. “We create stronger, more impactful solutions
when we partner with leading organizations such as The Nature
Conservancy, whose expertise and advocacy is critical to
safeguarding places for all to enjoy.”
The Blue Carbon Initiative, part of The Nature Conservancy’s
Ocean and Coast Network, advances wetlands restoration to increase
carbon sequestration. This practice maximizes the carbon storage
potential of natural ecosystems and has the dual benefit of
prevention and protection for coastline in the Southeastern United
States. The work will be focused in Florida where the Winnebago
Industries owned boatbuilder, Chris-Craft, has its manufacturing
operations.
“We are grateful for Winnebago Industries partnership in
advancing The Nature Conservancy’s reforestation efforts in
Minnesota and our Ocean and Coasts Network’s blue carbon work in my
home state of Florida and beyond,” said Greg Knecht,
executive director of The Nature Conservancy in Florida.
“Programs like these are helping The Nature Conservancy ensure we
have healthy oceans, freshwater and lands, and tackle carbon
emissions.”
Environmental sustainability and climate resilience are critical
to the long-term sustainability of Winnebago Industries’ business.
The company has committed to net-zero greenhouse gas emissions by
2050 as part of the Business Ambition for 1.5°C and continues to
make progress to advance its zero-waste, water reduction and
product stewardship targets as part of its plan for a low-carbon
future and an expanding circular economy.
About The Nature ConservancyThe Nature
Conservancy is a global conservation organization dedicated to
conserving the lands and waters on which all life depends. Guided
by science, we create innovative, on-the-ground solutions to our
world’s toughest challenges so that nature and people can thrive
together. We are tackling climate change, conserving lands, waters
and oceans at an unprecedented scale, providing food and water
sustainably and helping make cities more sustainable. Working in 76
countries and territories—37 by direct conservation impact and 39
through partners—we use a collaborative approach that engages local
communities, governments, the private sector, and other partners.
To learn more about The Nature Conservancy work, visit
www.nature.org or follow @nature_press on Twitter.
About Winnebago Industries and Winnebago Industries
FoundationWinnebago Industries, Inc. is a leading North
American manufacturer of outdoor lifestyle products under the
Winnebago, Grand Design, Chris-Craft, Newmar and Barletta brands,
which are used primarily in leisure travel and outdoor recreation
activities. The Company builds quality motorhomes, travel trailers,
fifth-wheel products, outboard and sterndrive powerboats and
commercial community outreach vehicles. Winnebago Industries has
multiple facilities in Iowa, Indiana, Minnesota and Florida. The
Company’s common stock is listed on the New York Stock Exchange and
traded under the symbol WGO. For access to Winnebago Industries'
investor relations material or to add your name to an automatic
email list for Company news releases, visit
http://investor.wgo.net.
The Winnebago Industries Foundation seeks to inspire new
generations of outdoor enthusiasts, mobilize resources to reach
people in times of need, and support employee volunteers to build
strong, inclusive communities where we live, work and play. We
focus our community investment in three impact areas: outdoors,
access, and community. Learn more at
www.winnebagoind.com/responsibility/community/
Contacts
Media: Dan Sullivan - media@winnebagoind.com
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