BrightView Publishes 2023 ESG Report
Report Outlines Progress and Initiatives to Support Environmental, Social, and Governance Commitments
Download the report here
BLUE BELL, Pa., February 01, 2023--(BUSINESS WIRE)--BrightView (NYSE: BV), the leading commercial landscaping services company in the United States, today published its 2023 ESG Report, highlighting progress toward achieving its environmental stewardship, social responsibility, and corporate governance (ESG) goals and commitments. The report is available on the BrightView ESG website.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230201005075/en/
"Reflecting on fiscal year 2022, I am extremely proud of our team’s progress amid an increasingly challenging and dynamic environment. We’ve taken important steps on our journey to becoming carbon neutral by 2035, building a diverse and engaged workforce, and continuing to operate with integrity," said Andrew Masterman, BrightView President and Chief Executive Officer. "Supporting our team members, inspiring communities, and nurturing landscapes is at the heart of what we do every day at BrightView. I believe our purposeful ESG strategy positions us for continued success, while supporting our clients’ sustainability objectives."
To further inform and focus the Company’s ESG strategy, BrightView commissioned a materiality assessment to identify ESG topics of the greatest importance to its customers, vendors, team members, and investors. Moving forward, the Company plans to use the study’s insights to proactively engage with all stakeholder groups.
"As a company dedicated to designing, developing, and maintaining the best landscapes on Earth, prioritizing sustainable solutions is core to who we are. We’re invested not only in making a difference in the communities where we work, live and play, but also in promoting a healthy planet," said Masterman.
Highlights from the 2023 ESG Report
Deployed ~1,000 battery powered, zero-emission handheld equipment units
Converted ~400 vehicles to hybrid or electric
Partnered with Arbor Day Foundation to plant nearly 300,000 trees
Conducted BrightView’s first team member engagement survey
Continued to diversify our workforce by increasing the percentage of women and Hispanic/Latino team members in managerial roles
Sustained a total recordable injury rate below the landscaping services’ industry average
BrightView’s Board maintains oversight of societal and other matters affecting the Company’s stakeholders and the environments in which we operate
Seven of eight Board members remain independent, with the average tenure of directors under five years
Continued to use E-Verify to confirm the identity and employment eligibility of newly hired team members
BrightView (NYSE: BV), the nation’s largest commercial landscaper, proudly designs, creates, and maintains the best landscapes on Earth and provides the most efficient and comprehensive snow and ice removal services. With a dependable service commitment, BrightView brings brilliant landscapes to life at premier properties across the United States, including business parks and corporate offices, homeowners' associations, healthcare facilities, educational institutions, retail centers, resorts and theme parks, municipalities, golf courses, and sports venues. BrightView also serves as the Official Field Consultant to Major League Baseball. Through industry-leading best practices and sustainable solutions, BrightView is invested in taking care of our team members, engaging our clients, inspiring our communities, and preserving our planet. Visit www.BrightView.com and connect with us on Twitter, Facebook, and LinkedIn.
This press release, as well as the ESG report referenced herein, contains "forward-looking statements" within the meaning of the federal securities laws. All statements, other than statements of historical facts, including statements relating to BrightView’s goals and commitments in its ESG framework, plans made with respect thereto, and any expectations relating to ESG matters are forward-looking statements. The words such as "outlook," "guidance," "projects," "continues," "goals," "believes," "expects," "may," "will," "should," "seeks," "intends," "plans," "estimates," or "anticipates," or the negative version of these words or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. By their nature, forward-looking statements: speak only as of the date they are made; are not statements of historical fact or guarantees of future performance; and are subject to risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. Our expectations, beliefs, and projections are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that management’s expectations, goals, beliefs and projections will result or be achieved and actual results may vary materially from what is expressed in or indicated by the forward-looking statements. Factors that could cause actual results to differ materially from those projected include, but are not limited to: the Company’s inability to meet ESG goals in projected timeframes, or at all; the inability to satisfactorily meet evolving standards, regulations and disclosure requirements related to ESG; and changes in laws or regulations. Additional factors that could cause our results to differ materially from those described in the forward-looking statements can be found under "Item 1A. Risk Factors" in our Form 10-K for the fiscal year ended September 30, 2022 as such factors may be updated from time to time in our periodic filings with the Securities and Exchange Commission, which are accessible on the SEC’s website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in our filings with the SEC. Any forward-looking statement made in this press release speaks only as of the date on which it was made. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.
Source: BrightView Landscapes
View source version on businesswire.com: https://www.businesswire.com/news/home/20230201005075/en/
David Freireich, VP of Communications & Public Affairs
Faten Freiha, VP of Investor Relations