BLUE BELL, PA — BrightView (NYSE: BV) recently released its 2024 Corporate Responsibility Report. The report, which is available on the company’s website, underscores BrightView’s commitment to environmental stewardship, social responsibility, and corporate governance, underlining the company’s role as a responsible corporate citizen.
In a statement, BrightView President and CEO, Dale Asplund, said the report reflects the team’s continuous efforts towards sustainability initiatives and corporate responsibility. “We remain committed to setting ambitious goals, tracking our progress transparently, and continually improving our performance to ensure we’re working to create a bright future for the world around us,” Asplund said.
The report highlights key achievements made in fiscal 2023 across three main areas: environmental, social, and governance.
Environmental Stewardship
BrightView established a baseline Scope 1 & 2 greenhouse gas (GHG) emissions inventory, a critical step in understanding and reducing its carbon footprint. The company has also been progressively replacing its fleet with electric and fuel-efficient alternatives. By the end of fiscal 2023, 17% of its vehicles were hybrid or electric.
Furthermore, BrightView continued its conversion of gas-powered landscaping equipment to electric power, deploying an additional 480 battery-powered handheld units, 200 electric/hybrid vehicles, and 80 electric mowers.
Social Responsibility
BrightView demonstrated its commitment to workforce diversity and safety. The company not only diversified its workforce but also maintained a total recordable injury rate below the landscaping industry average, emphasizing that safety remains a top priority.
The BrightView Landscapes Foundation raised over $160,000 to support team members in critical situations. Additionally, team members contributed over 550 volunteer hours through the company’s Volunteer Time Off program.
Corporate Governance
BrightView’s Board maintained its oversight of societal and other matters affecting the company’s stakeholders and the environments in which it operates. Nine out of ten Board members are independent, with an average tenure of under five years, ensuring diverse perspectives and fresh ideas.
The 2024 Corporate Responsibility Report is more than just a document; it’s a declaration of BrightView’s commitment to creating a sustainable future. The company’s environment-friendly initiatives, dedication to social responsibility, and robust governance structure position BrightView as a leader not only in the commercial landscaping services industry but also in corporate responsibility and sustainability.
These efforts are crucial at a time when businesses worldwide are being called upon to play their part in combating climate change and promoting social equity. BrightView’s actions set a high standard for others in the industry to follow, demonstrating that profitability and responsibility can indeed go hand in hand.
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