Financial News
Valmont Industries, Inc. Recognized by the U.S. Department of Energy’s Better Plants Program with a 2022 Better Project Award
Valmont Industries, Inc., a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced it received a 2022 Better Project Award from the U.S. Department of Energy’s (DOE) Better Plants Program. As part of the DOE's Better Buildings Initiative, Better Plants works with leading manufacturers and water and wastewater treatment agencies to boost their competitiveness through improvements in energy efficiency, GHG emissions reduction, water efficiency, and waste reduction.
The annual Better Project Awards recognize partners for outstanding accomplishments in implementing industrial energy, water, and waste projects at individual facilities. Valmont was recognized for its Alternative Energy-Mobile Source project, which successfully replaced 100 fossil fuel-powered vehicles with electric equivalents at Valmont’s Valley, NE campus. The program was estimated to reduce the site’s carbon dioxide emissions by 131 metric tons each year.
“It is a great honor to be selected as a 2022 Better Project Award winner by the U.S. Department of Energy’s Better Plants program for our Alternative Energy-Mobile Source project,” said Cliff Fleener, corporate director, Environmental Responsibility. “Implemented at our largest campus in Valley, NE, the project provided immense fuel, carbon, and maintenance savings and is helping us achieve our enterprise-wide goal to reduce the carbon intensity of our operations. We plan to use this project as a model for future sustainability initiatives across our 85 manufacturing sites around the world.”
Valmont and other 2022 Better Project Award winners were formally recognized at the 2022 Better Buildings, Better Plants Summit on May 18, 2022.
As part of the broader Better Buildings Initiative, Better Plants partners voluntarily set long-term goals to reduce energy intensity and DOE supports these efforts with technical expertise and national recognition. Guided by Valmont’s overall Environmental, Social, and Governance (ESG) goals for 2025, the company is aiming for a 10% reduction in carbon emissions per million in revenue guided by a science-based carbon goal benchmark and a 12% additional reduction in normalized electricity usage.
“Conserving resources and improving life has always been at the core of our company,” continued Cliff. “Valmont has helped customers and communities do more with less for over 75 years, we are committed to prioritizing sustainable practices across our operations for years to come.”
To learn more about Valmont’s environmental goals and sustainability initiatives, visit valmont.com/sustainability.
Read more about Better Plants partner results, showcase projects, and innovative solutions being shared with others in the 2021 Better Plants Progress update.
About Valmont Industries, Inc.
For over 75 years, Valmont® has been a global leader in creating vital infrastructure and advancing agricultural productivity. Today, we remain committed to doing more with less by innovating through technology. Learn more about how we’re Conserving Resources. Improving Life.® at valmont.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220518006036/en/
Contacts
Bridget Slavin
Bridget.Slavin@valmont.com
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.