Oshkosh's Commitment to Sustainability
Oshkosh Corporation (NYSE: OSK) continues to showcase its dedication to sustainability by being named to the 2024 Dow Jones Sustainability World Index (DJSI World) for the sixth consecutive year. This recognition highlights Oshkosh's commitment to integrating sustainable practices into its business operations, establishing it as a leader in purpose-built vehicles and equipment innovation.
Understanding the Dow Jones Sustainability World Index
The DJSI World is an elite index that identifies global sustainability leaders as rated by S&P Global through its comprehensive Corporate Sustainability Assessment. This index is made up of the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index, evaluated based on their long-term economic, environmental, and social performance.
Oshkosh's Sustainable Practices
Kevin Tubbs, Oshkosh Corporation's vice president and chief environmental and sustainability officer, emphasized, "Sustainability begins with putting people first—our team members, the communities we serve, and the everyday heroes who rely on our products." This philosophy could not be more evident as the company strives to make a significant impact, showcasing the commitment of over 18,000 team members who embody the company’s core values.
Notable Achievements in Sustainability
A key area of focus for Oshkosh is continuously reducing the environmental impact and carbon footprint of its products. In line with this goal, the company announced that its science-based greenhouse gas emissions reduction targets received validation from the Science Based Targets initiative (SBTi). This validation confirms that Oshkosh's objectives align with the most rigorous scientific recommendations, highlighting its proactive stance on climate science.
A Commitment Acknowledged
Throughout its journey, Oshkosh has been honored with several accolades, including being named one of America’s Most Responsible and one of the World’s Most Trustworthy Companies according to Newsweek. Furthermore, it also made USA Today’s list of America’s Climate Leaders 2024 and has spent nine consecutive years being recognized by Ethisphere as one of the World’s Most Ethical Companies.
Accessing Sustainability Reports
For those interested in exploring Oshkosh's sustainability endeavors in greater detail, the company provides access to its 2023 Sustainability Report through its corporate website. This report outlines the company’s sustainability goals, performance metrics, and future plans to further embrace responsible practices.
About Oshkosh Corporation
Oshkosh Corporation (NYSE: OSK) is dedicated to designing and manufacturing innovative, mission-critical equipment aimed at empowering everyday heroes across the globe. Headquartered in Wisconsin, the company employs more than 18,000 individuals dedicated to a unified purpose: to make a meaningful difference in people’s lives. With a presence in over 150 countries, Oshkosh's diverse product lineup includes brands like JLG, Pierce, MAXIMETAL, Oshkosh S-Series, Oshkosh Defense, McNeilus, IMT, Jerr-Dan, Frontline Communications, and Oshkosh AeroTech.
Frequently Asked Questions
What is the significance of Oshkosh being named to the DJSI World?
This designation recognizes Oshkosh Corporation's commitment to sustainability and its efforts to integrate eco-friendly practices into its business operations.
How does the DJSI World determine its rankings?
The DJSI World ranks companies based on their sustainability performance in economic, environmental, and social criteria, as evaluated by S&P Global.
What strategies does Oshkosh use to reduce its carbon footprint?
Oshkosh focuses on developing products with lower environmental impact, validating science-based targets, and implementing sustainable practices across various operations.
What awards has Oshkosh received related to sustainability?
Oshkosh has been recognized by Newsweek as one of America’s Most Responsible Companies and has appeared on USA Today's list of Climate Leaders 2024.
Where can I find Oshkosh’s 2023 Sustainability Report?
The report is available on Oshkosh's corporate website, providing insights into the company’s sustainability efforts and future goals.
