Today, Acuity Brands, Inc. (NYSE: AYI) ("Acuity," “Company”),
a market-leading industrial technology company, released its
annual EarthLIGHT Report highlighting many of its Fiscal Year
2024 Environmental, Social, and Governance (ESG) accomplishments
and sharing progress on certain strategic priorities.
“Our strategy is manifested through EarthLIGHT.
The EarthLIGHT Report is a way for us to show how building a
stronger business and helping to have a positive environmental
impact go hand in hand,” said Neil M. Ashe, Chairman,
President, and Chief Executive Officer of Acuity Brands.
Key highlights included in the 2024
EarthLIGHT Report:
- Achieved improved
operating performance in fiscal 2024 that delivered end-user
satisfaction and improved financial results.
- Achieved
year-over-year progress in the Company’s Associate Engagement
Survey, placing Acuity in the top 5% high-performing normative
group of participating companies for exceptional financial
performance and HR engagement practices.
- Enabled an estimated 34 million metric
tons of greenhouse gas avoidance from fiscal 2020 through fiscal
2024 through the use of the Company’s put-in-place products and
services.
- Continued
to invest in operational energy efficiency by installing a Tesla
Megapack at the Santa Rosa Production Facility, which helps to
optimize existing power infrastructure and reduce energy
costs.
- Implemented water saving practices at the Guadalupe and Santa
Rosa Production Facilities in Mexico.
For more information and to download a copy of the Fiscal 2024
EarthLIGHT Report, click here.
About Acuity Brands
Acuity Brands, Inc. (NYSE: AYI) is a
market-leading industrial technology company. We use technology to
solve problems in spaces, light, and more things to come. Through
our two business segments, Acuity Brands Lighting and
Acuity Intelligent Spaces, we design, manufacture, and bring to
market products and services that make a valuable difference in
people’s lives.
We achieve growth through the development of
innovative new products and services, including lighting, lighting
controls, building management solutions, and location-aware
applications. We achieve customer-focused efficiencies that allow
us to increase market share and deliver superior returns. We look
to aggressively deploy capital to grow the business and to enter
attractive new verticals.
Acuity Brands, Inc. is based
in Atlanta, Georgia, with operations across North
America, Europe, and Asia. The Company is powered by
approximately 13,000 dedicated and talented associates. Visit us
at www.acuitybrands.com.
Forward-Looking Statements
This press release includes “forward-looking
statements” within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995 (the “Act”).
Forward-looking statements include, but are not limited to,
statements related to the Company’s plans, initiatives,
projections, vision, goals, targets, commitments, expectations,
objectives, prospects, strategies, or financial outlook, and the
assumptions underlying or relating thereto. Our strategies for
addressing ESG-related risks and opportunities and their potential
effectiveness, our strategies and execution against our ESG
priorities, and the potential impact of current and future
applicable climate-related or other ESG-related regulations also
constitute “forward‑looking statements.” In some cases, we may use
words such as “may,” “will,” “expect,” “intend,” “estimate,”
“anticipate,” “aim,” “commit,” “target,” “seek,” “strive,”
“believe,” “should,” “would,” “could,” “forecast,” “project,”
“objectives,” “positioned,” or “plan” and words of similar meaning
to identify forward-looking statements. We intend these
forward-looking statements to be covered by the safe harbor
provisions for forward-looking statements contained in the Act.
These forward-looking statements are not guarantees of future
performance. Our forward-looking statements are based on our
current beliefs, expectations, and assumptions, which may not prove
to be accurate, and are subject to known and unknown risks and
uncertainties, assumptions, and other important factors, many of
which are outside of our control and any of which could cause our
actual results to differ materially from those expressed in or
implied by the forward-looking statements. These risks and
uncertainties are discussed above and in our filings with the U.S.
Securities and Exchange Commission, including our most recent
annual report on Form 10-K (including, but not limited to, the
sections titled “Risk Factors” and “Management’s Discussion and
Analysis of Financial Condition and Results of Operations”),
quarterly reports on Form 10-Q, and current reports on Form 8-K.
Any forward-looking statement speaks only as of the date on which
it is made. This report is not comprehensive, and for that reason,
should be read in conjunction with such filings. Historical,
current and forward-looking information included in this Report may
be based on standards, methodology and practices for measuring
progress that are still developing, internal controls and processes
that continue to evolve, and assumptions that are subject to
change. Accordingly, such historical, current and forward-looking
information, including goals, targets and commitments and
underlying assumptions and data, may be subject to modifications in
future reports due to such developing standards, methodology,
practices and controls and processes. You are cautioned not to
place undue reliance on any forward-looking statements. Except as
required by law, we undertake no obligation to publicly update or
release any revisions to these forward-looking statements to
reflect any events or circumstances after the date of this press
release or to reflect the occurrence of unanticipated events,
whether as a result of new information, future events, or
otherwise.
Media Contact: April ApplingVice
President, Corporate Communications & Events
corporatecommunications@acuitybrands.com
Investor Contact: Charlotte
McLaughlin Vice President, Investor Relations (404)
853-1456 investorrelations@acuitybrands.com
Acuity Brands (NYSE:AYI)
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