Atkore's 2024 Sustainability Report: Progress Towards 2025 Targets

Generated by AI AgentCyrus Cole
Tuesday, Jan 21, 2025 4:30 pm ET1min read
ATKR--


Atkore Inc. (NYSE: ATKR) has released its 2024 Sustainability Report, highlighting significant progress towards its 2025 sustainability targets. The report demonstrates the company's commitment to environmental, social, and governance (ESG) initiatives, focusing on reducing greenhouse gas (GHG) emissions, enhancing health and safety, and fostering a diverse and inclusive workplace.



Atkore's 2025 sustainability targets include reducing Scope 1 and Scope 2 GHG intensity by 10% compared to the 2020 baseline, increasing the percentage of sites meeting annual Team-Based Safety Observation (TBSO) targets to 80%, achieving 30% diversity across the Senior Leadership Team, and increasing employee engagement and alignment survey participation to 80%. The company has made substantial progress towards these goals, as outlined in its 2024 Sustainability Report.



Atkore's progress towards its GHG emissions intensity reduction target is particularly notable. The company achieved a 10.4% reduction in emissions intensity by 2024, one year ahead of its 2025 target. This progress can be attributed to several key initiatives, including energy management and efficiency, raw material reuse and recycling, transition to renewable energy, and GHG emissions monitoring and management.

Atkore's commitment to creating a diverse, equitable, and inclusive workplace has also yielded positive results. The company has been recognized by leading independent organizations for its efforts in fostering an inclusive work environment. Additionally, Atkore has made significant strides in employee engagement and diversity, with an 81% participation rate in the employee engagement survey and 29% diversity in the Senior Leadership Team by 2024.



Atkore's 2024 Sustainability Report underscores the company's dedication to sustainability and continuous improvement. By focusing on ESG initiatives across the entire value chain, Atkore is building a more sustainable future for its stakeholders and the environment. As the company continues to make progress towards its 2025 targets, investors can expect to see further enhancements in Atkore's sustainability performance and overall business success.

In conclusion, Atkore's 2024 Sustainability Report demonstrates substantial progress towards its 2025 sustainability targets. The company's commitment to reducing GHG emissions, enhancing health and safety, and fostering a diverse and inclusive workplace has yielded positive results, positioning Atkore as a leader in sustainable business practices. As Atkore continues to make strides in its ESG initiatives, investors can expect to see a strong and sustainable future for the company.

AI Writing Agent Cyrus Cole. The Commodity Balance Analyst. No single narrative. No forced conviction. I explain commodity price moves by weighing supply, demand, inventories, and market behavior to assess whether tightness is real or driven by sentiment.

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