NewAge Industries, Inc., a leader in the design and manufacture of fluid transfer solutions, has announced the release of its 2023 Sustainability Report, marking a significant milestone in the company's history. This inaugural report provides a detailed overview of NewAge's sustainability efforts across environmental, social, and governance (ESG) dimensions, underscoring the company's long-standing commitment to sustainable practices.
The report highlights NewAge's environmental stewardship initiatives, including the early adoption of solar energy with the installation of its first solar panel array in 2011. It also details the company's social commitments, such as the establishment of an Employee Stock Ownership Plan (ESOP) in 2006, aimed at empowering team members. Furthermore, the report outlines NewAge's governance strategies that ensure sustainable business practices are at the core of its operations.
Mary Marcus, Interim CEO of NewAge, emphasized the importance of the report, stating, "The release of this comprehensive report reaffirms our commitment to the key areas comprising sustainability. Since our inception, NewAge has embraced sustainable practices in all the key areas, laying the foundation of who we are as an organization." The report is accessible online in the About Us – Green Initiatives section of the company's websites, newageindustries.com and advantapure.com, with a printed version available upon request.
This report not only reflects NewAge's dedication to sustainability but also positions the company as a pioneer in integrating ESG principles into its business model. By publicly sharing its sustainability practices, NewAge Industries sets a benchmark for the industry, encouraging other companies to follow suit in prioritizing environmental, social, and governance responsibilities.
