HILLIARD, Ohio, Aug. 29,
2023 /PRNewswire/ -- Advanced Drainage Systems, Inc.
(ADS) (NYSE: WMS), a leading provider of innovative water
management solutions and one of the largest plastic recycling
companies in North America, today
announced that it has joined the United Nations (UN) Global Compact
initiative — a voluntary leadership platform for the development,
implementation and disclosure of responsible business
practices.
Sustainability and protecting the
environment are a core part of who we are as a company.
Launched in 2000, the UN Global Compact is the largest corporate
sustainability initiative in the world, with more than 15,000
companies and 3,800 non-business signatories based in over 160
countries, and more than 69 local networks. Joining the initiative
is another step in ADS' commitment to operate its business
responsibly — in alignment with universal sustainability
principles, to take actions to support society, and to report
annually on the company's ongoing efforts.
"Sustainability and protecting the environment are a core part
of who we are as a company and how ADS operates its business. With
this announcement, ADS is proud to join thousands of other
companies worldwide committed to taking responsible business action
to ensure quality of life in all communities and create the world
we want," said Scott Barbour, ADS
president and CEO. "At ADS, we produce the stormwater pipes,
chambers and other sustainable and resilient solutions with high
recycled content that capture, convey, store and treat our most
precious resource: water. ADS is very much aligned with UN
sustainability goals and is excited to join this global
effort."
The UN Global Compact is the largest corporate
sustainability initiative in the world and a call to companies
everywhere to align their operations and strategies with 10
universally accepted principles in the areas of human rights,
labor, environment and anti-corruption, and to take action in
support of UN goals and issues embodied in the Sustainable
Development Goals (SDGs).
The company has a longstanding commitment to environmental
stewardship and protection. In fiscal year 2023, ADS reduced its
greenhouse gas emissions intensity by 14% — the third consecutive
year it cut greenhouse gas emissions intensity — and consumed 25%
of recycled HDPE bottles (detergent and milk jugs, for instance) in
the U.S. ADS also remains committed to the communities in which it
operates. Last year, ADS contributed $4
million to charity, primarily through the ADS Foundation,
which aims to lead the way for organizations and communities in
preserving clean water, promoting recycling and advancing quality
of life.
ADS is a leading manufacturer of stormwater solutions that
capture, convey, store and treat rainwater. ADS makes its products
sustainably by utilizing as much recycled plastic as possible. In
fact, ADS recycled more than a half a billion pounds of plastic
last year, avoiding 650 million pounds of greenhouse gas emissions.
Please visit the ADS profile on the UN Global Compact website
and learn more about the company's latest sustainability work at
www.adspipe.com/sustainability.
About Advanced Drainage Systems
Advanced Drainage Systems is a leading manufacturer of innovative
stormwater and onsite septic wastewater solutions that manages the
world's most precious resource: water. ADS and its subsidiary,
Infiltrator Water Technologies, provide superior stormwater
drainage and onsite septic wastewater products used in a wide
variety of markets and applications including commercial,
residential, infrastructure and agriculture, while delivering
unparalleled customer service. ADS manages the industry's largest
company-owned fleet, an expansive sales team, and a vast
manufacturing network of approximately 70 manufacturing plants and
40 distribution centers. The company is one of the largest plastic
recycling companies in North
America, ensuring over half a billion pounds of plastic is
kept out of landfills every year. Founded in 1966, ADS' water
management solutions are designed to last for decades. To learn
more, visit the company's website at www.adspipe.com.
About the UN Global Compact
As a special initiative of
the UN Secretary-General, the United Nations Global Compact is a
call to companies everywhere to align their operations and
strategies with Ten Principles in the areas of human rights, labor,
environment and anti-corruption. Our ambition is to accelerate and
scale the global collective impact of business by upholding the Ten
Principles and delivering the Sustainable Development Goals through
accountable companies and ecosystems that enable change. With more
than 15,000 companies and 3,800 non-business signatories based in
over 160 countries, and 69 Local Networks, the UN Global Compact is
the world's largest corporate sustainability initiative. One Global
Compact unites business for a better world. For more information,
follow @globalcompact on social media and visit our website at
unglobalcompact.org.
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SOURCE Advanced Drainage Systems, Inc.