CARLSBAD, Calif., Oct. 29,
2024 /PRNewswire/ -- Topgolf Callaway Brands (NYSE:
MODG) ("Topgolf Callaway Brands" or the "Company") is pleased to
announce the release of its 2022-2023 Sustainability Report,
demonstrating the progress made since its inaugural report. This
update reflects the Company's commitment to responsible business
practices across four key focus areas: People, Planet, Product, and
Procurement.
Since its first report, Topgolf Callaway Brands has intensified
efforts to minimize its environmental impact while driving
innovation in both product development and supply chain management.
Chip Brewer, CEO of Topgolf Callaway
Brands, stated, "We are proud of the meaningful progress we have
made, and this report underscores our dedication to driving
impactful changes that shape a more sustainable and brighter
future."
Select report highlights by strategic pillar include:
People
Topgolf Callaway Brands remains committed to investing in the
people and communities that are essential to its success. With a
focus on bringing joy through golf, the Company has strengthened
partnerships to engage more diverse groups in the sport.
Additionally, it continues to broaden its support for communities
through volunteer initiatives and charitable contributions.
Planet
The Company continues to prioritize operational efficiency by
minimizing energy, water, and waste, while increasing the use of
renewable energy. In 2023, its Carlsbad,
California headquarters boosted renewable energy consumption
to 60%. Several facilities are also powered by onsite solar.
Additionally, recycling opportunities are continuously explored and
implemented across the Company's global facilities to divert waste
from landfill.
Product
The Company has made strides in integrating sustainability
considerations in its products and packaging, including reducing
single-use plastics from its club shipments and expanding the use
of recycled and recyclable materials. The key focus is the
continued shift toward materials with a lower environmental impact,
promoting a more circular approach to product development.
Procurement
The Company continues to collaborate with its suppliers to uphold
responsible procurement practices across its supply chain. By
building strong partnerships, setting clear expectations and
policies, and conducting regular audits, the Company works to
ensure its suppliers maintain strong standards of environmental and
social responsibility.
The full 2022-2023 Sustainability Report is available on the
Company's website at
https://www.topgolfcallawaybrands.com/sustainability, providing
in-depth insights into the initiatives that are shaping a more
sustainable future for both the business and the planet.
About Topgolf Callaway Brands
Topgolf Callaway
Brands Corp. (NYSE: MODG) is an unrivaled
tech-enabled Modern Golf and active lifestyle company delivering
leading golf equipment, apparel, and entertainment, with a
portfolio of global brands including Topgolf,
Callaway Golf, TravisMathew,
Toptracer, Odyssey, OGIO, Jack
Wolfskin, and World Golf Tour ("WGT"). "Modern
Golf" is the dynamic and inclusive ecosystem that includes both
on-course and off-course golf. For more information, please
visit https://www.topgolfcallawaybrands.com.
Investor Contact
Katina
Metzidakis
invrelations@tcbrands.com
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SOURCE Topgolf Callaway Brands Corp.
