Press release
Cintas Named a USA Today Climate Leader 2023
Cintas recognized for its ongoing efforts to reduce its environmental impact CINCINNATI--(BUSINESS WIRE)-- In recognition of its commitment to and success in
About this update from Cintas Corporation
[{"type":"text","content":"\nCintas recognized for its ongoing efforts to reduce its environmental impact\n\n\n CINCINNATI--(BUSINESS WIRE)--\nIn recognition of its commitment to and success in reducing its greenhouse gas emissions intensity in recent years, Cintas Corporation (Nasdaq: CTAS) has been named to the inaugural USA Today Climate Leader 2023 list.\n\n\nTo determine its first-ever Climate Leader list, USA Today teamed with Statista, a leading global provider of market and consumer data. They identified the U.S.-headquartered companies who met the inclusion criteria that achieved the greatest reductions in their core emissions intensities – the measurement of Scope 1 and 2 greenhouse gas emissions as a factor of revenue – between 2019 and 2021.\n\n\nCintas lowered the emissions intensity of its Scope 1 direct and Scope 2 indirect emissions from 113.1 metric tons of carbon dioxide equivalents per million dollars of revenue (MTCO2e/$M) in fiscal year 2019, to 89.3 MTCO2e/$M in fiscal year 2021, which ended on May 31, 2021.\n\n\nIn fiscal year 2022, Cintas lowered its emissions intensity by an additional 7.5% – to 82.6 MTCO2e/$M – to bring its four-year emissions intensity reduction to 27%. More information about Cintas’ emissions performance and data methodologies is available in its 2022 ESG Report.\n\n\n“Rallying around our sustainability vision – A Shared Drive for Better – has been important for us and our business,” said Todd Schneider, Cintas President and CEO. “Our history of identifying opportunities and solutions through our culture of positive discontent has had a major impact on lowering our environmental impact.\n\n\n“We appreciate USA Today for recognizing Cintas as a Climate Leader in its inaugural program. We believe innovation and advances in technology will continue to be important drivers in our sustainability initiatives, especially as we identify opportunities to pursue sustainable programs and processes throughout our business,” Schneider added.\n\n\nEnterprise-wide initiatives like an LED lighting conversion project and an ongoing dedication to Operational Excellence and Reliability initiatives have all helped contribute to the decrease in GHG emissions intensity.\n\n\nOther more recent initiatives - including the rollout of its first electric fleet vehicles and its SmartTruck fleet routing optimization program – are expected ...