Latham Group's 2023 ESG Report: A Blueprint for Sustainability and Success

As a leading manufacturer of in-ground residential swimming pools, Latham Group has consistently demonstrated its commitment to environmental, social, and governance (ESG) initiatives. Their 2023 ESG report, released recently, highlights significant advancements in waste reduction, energy efficiency, and employee well-being, solidifying their position as an industry leader in sustainability.

Latham's journey towards sustainability began with a comprehensive assessment of its greenhouse gas emissions, establishing a baseline for future improvement. The company achieved a remarkable 50% reduction in waste from fiberglass pool production, recycling thousands of tons of materials such as scrap vinyl, galvanized steel, and aluminum. To further minimize its environmental impact, Latham expanded the use of energy-efficient LED lighting to nearly half of its fiberglass facilities.

In addition to these environmental gains, Latham has made significant strides in fostering a supportive work environment. The company invested heavily in safety measures and employee assistance programs, resulting in a substantial reduction in safety incidents and a 45% decrease in employee turnover since 2021. Latham's commitment to diversity and inclusion is evident in its U.S. workforce, with 20% representing underrepresented minorities.

Latham's dedication to robust governance practices is evident in its updated Code of Conduct and Human Rights Policy, which enhanced transparency and accountability. The Nominating and Corporate Governance Committee played a crucial role in overseeing ESG initiatives and ensuring ethical practices.



These advancements have not only reduced Latham's environmental footprint but also contributed to its overall success. By attracting socially conscious investors and enhancing its brand reputation, Latham has positioned itself as a leader in the sustainable manufacturing sector.

The company's 2023 ESG report serves as a blueprint for other industries looking to adopt similar sustainability practices. As the demand for socially responsible companies grows, Latham's ESG initiatives demonstrate the potential for businesses to not only minimize their environmental impact but also drive long-term growth and success.



In conclusion, Latham Group's 2023 ESG report underscores the company's unwavering commitment to sustainability and social responsibility. By continuously improving its environmental performance, fostering a supportive work environment, and strengthening its governance framework, Latham has solidified its position as an industry leader and a beacon for sustainable manufacturing practices. As investors increasingly prioritize ESG factors, Latham's initiatives are likely to drive further growth and success.