NORWALK,
Conn., Oct. 24, 2023 /PRNewswire/ -- Terex
Corporation (NYSE: TEX) today announced the publication of its 2023
Sustainability Report, the Company's fourth annual report. In the
2023 report, Terex provides expanded coverage and case studies of
its sustainability commitment to team members, customers,
investors, and the community at large. It details how
sustainability is integral to Terex's strategic business
priorities, including product innovation and solutions that enable
its customers to operate in safe and sustainable ways, and the
practices that Terex has implemented at its locations that reduce
negative impacts on the environment.
Click here to access the 2023 Terex Sustainability Report.
Terex concurrently released its sustainability strategy with the
report. Stacey Babson Kaplan, Senior
Vice President, Chief Sustainability & Compliance Officer,
said: "Our sustainability strategy focuses on our products,
solutions, and team members, and being good stewards of the
environment. Our sustainability initiatives, aligned with our
Execute, Innovate, Grow business strategy, will contribute to
generating long-term value for our stakeholders. We believe the
sustainability practices we have, and continue to implement, will
contribute to a better business, a better planet, and a better
future."
Terex offers a range of products and solutions that reduce or
eliminate carbon emissions, increase waste processing, and advance
the reuse of scarce resources, enabling customers to achieve their
business objectives and reduce their impact on the environment.
About 70% of products sold by Terex's Genie or the Materials
Processing businesses are available in electric and/or hybrid
versions. Approximately one-third of our 2022 sales from our
Materials Processing business are derived from products used for
waste, recycling, and other environmental applications. Terex is
also reducing its impact on the environment, focusing on carbon
emissions reduction, energy conservation, waste and water
reduction, and biodiversity. Terex has a year-end 2024 target of a
15% reduction in greenhouse gas and energy intensity from its 2019
baseline.
The report also covers the Company's commitment to team member
and product safety, Diversity, Equity & Inclusion, strong
governance, among many other sustainability dimensions. Notably, in
2023, Newsweek named Terex one of America's Most Responsible
Companies. For more information on the Company's awards and
commitment to social sustainability and governance, please read
Terex's 2023 Sustainability Report.
About Terex
Terex Corporation is a global manufacturer of materials
processing machinery and aerial work platforms. We design, build
and support products used in construction, maintenance,
manufacturing, energy, recycling, minerals and materials management
applications. Certain Terex products and solutions enable customers
to reduce their impact on the environment including electric and
hybrid offerings that deliver quiet and emission-free performance,
products that support renewable energy, and products that aid in
the recovery of useful materials from various types of waste. Our
products are manufactured in North
America, Europe,
Australia and Asia and sold worldwide. We engage with
customers through all stages of the product life cycle, from
initial specification to parts and service support.
Contact Information
Investors: Paretosh Misra
Head of Investor Relations
Phone: 203-604-3977
Email: paretosh.misra@terex.com
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SOURCE Terex Corporation