Financial News
Oshkosh Corporation releases 2022 Sustainability Report
Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment has released its 10th annual Sustainability Report, reinforcing the company’s continued focus on innovation, commitment to sustainable business practices and building a better world.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230711881471/en/
Oshkosh Corporation’s sustainability strategy is guided by four core areas: empowering our people, developing innovative products, building communities and operating sustainably. Across the company, Oshkosh is making steady progress in all areas, including the expansion of its purpose-built, battery-electric-powered products that help keep communities around the world clean. (Photo: Business Wire)
Oshkosh Corporation’s sustainability strategy is guided by four core areas: empowering our people, developing innovative products, building communities and operating sustainably. Across the company, Oshkosh is making steady progress in all areas, including the expansion of its purpose-built, battery-electric-powered products that help keep communities around the world clean. Electric vehicle (EV) offerings now include North America’s first fully integrated, zero-emission electric refuse collection vehicle, North America’s first electric fire truck, the world’s first all-electric scissor lift, the next-generation delivery vehicle (NGDV) for the United States Postal Service and the Oshkosh® Striker® Volterra™ airport rescue and fire fighting (ARFF) vehicle.
“Each year we focus on driving sustainable growth across our business,” said Kevin Tubbs, Oshkosh Corporation vice president, chief ethics, compliance and sustainability officer. “Our goal is to achieve sustainability excellence by decreasing greenhouse gas emissions, supporting team members, giving back to the communities where we live and work and leveraging innovation across our portfolio of companies to build a more sustainable future.”
Highlights from the Sustainability Report include:
- Reduced normalized greenhouse gas emissions by over 32% since 2014
- Manufactured and sold over 39,000 electric, emission-free or hybrid units
- Reduced 16.6 Metric Tons of CO2e/Million USD
- Donated $2.5 million and 18,208 hours to local communities
- Diverted 85.5% of waste from the landfill
- Recycled/reused 87.6% of non-hazardous waste
Oshkosh Corporation was named a World’s Most Ethical Companies for the seventh year in 2022. We are also listed on the Dow Jones Sustainability World Index, have repeatedly been named one of Barron’s “100 Most Sustainable Companies” and are considered one of FORTUNE’s World’s Most Admired Companies.
To learn more, or to access the fiscal year 2022 Sustainability Report, please click here oshkoshcorp.com.
About Oshkosh Corporation
At Oshkosh (NYSE: OSK), we make innovative, mission-critical equipment to help everyday heroes advance communities around the world. Headquartered in Wisconsin, Oshkosh Corporation employs approximately 15,000 team members worldwide, all united behind a common cause: to make a difference in people’s lives. Oshkosh products can be found in more than 150 countries under the brands of JLG®, Hinowa, Pierce®, MAXIMETAL, Oshkosh® Defense, McNeilus®, IMT®, Jerr-Dan®, Frontline™, Oshkosh® Airport Products and Pratt Miller. For more information, visit oshkoshcorp.com.
®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.
Forward Looking Statements
This news release contains statements that the Company believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this news release, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions, and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include the extent of supply chain and logistics disruptions; the Company’s ability to increase prices or impose surcharges to raise margins or to offset higher input costs, including increased raw material, labor, freight and overhead costs; the impact of any U.S. Department of Defense solicitation for competition for future contracts to produce military vehicles; risks associated with international operations and sales, including compliance with the Foreign Corrupt Practices Act; the Company’s ability to comply with complex laws and regulations applicable to U.S. government contractors; cybersecurity risks and costs of defending against, mitigating and responding to data security threats and breaches impacting the Company; and risks related to the Company’s ability to successfully execute on its strategic road map and meet its long-term financial goals. Additional information concerning these and other factors is contained in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this news release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this news release. Investors should be aware that the Company may not update such information until the Company’s next quarterly earnings conference call, if at all.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230711881471/en/
Contacts
Financial:
Patrick Davidson
Senior Vice President, Investor Relations
920.502.3266
Media:
Jennifer Stiansen
Vice President, Global Branding and Communications
240.500.6485
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