June 18, 2023
The Toro Co. (TTC), Bloomington, Minn., released its Sustainability Report for fiscal 2022, highlighting progress made in support of its strategic priorities, advancements in new technologies, and efforts to foster a more diverse, equitable and inclusive workplace. The report also details the results of a materiality assessment conducted in 2022 to confirm the company’s environmental, social and governance (ESG) priorities and determine key areas of focus for the enterprise’s short and long-term sustainability journey. The full report can be found at www.thetorocompany.com/sustainability.
“The commitment to advancing our sustainability goals and helping our stakeholders achieve theirs has never been stronger at The Toro Company,” said Richard Olson, chairman and CEO. “Sustainability is at the heart of how we innovate and is ingrained in our culture of investing in our people, serving our customers, and giving back to our communities. We continue to build momentum and aspire to keep driving meaningful change for our people and for our planet.”
Through its Sustainability Endures initiative, TTC strives to strengthen its environmental and societal commitments through its teams, solutions and operations to make outdoor environments more beautiful, productive and sustainable. Comprised of four key pillars – people, products, process and planning – this framework guides TTC’s strategic actions and performance goals to promote a future of sustainable innovation and growth, the company said.
The following are a few accomplishments and initiatives from fiscal 2022:
- Launched first employee resource group (ERG), the Women’s Initiative Network, which provides an inclusive forum for support, mentorship and development.
- Administered Environmental, Health and Safety training with a completion rate above 90 percent of our global manufacturing and distribution teams.
- Established a new partnership with the Atlanta University Center Consortium’s Dual Degree Engineering Program to expand opportunities for Black students to pursue careers in engineering.
- Recognized for the eighth consecutive year by the U.S. Environmental Protection Agency with a 2022 WaterSense® Excellence Award for promoting water efficiency and conservation.
- Introduced a new Supplier Excellence Program, which classifies suppliers using selected criteria, including cost, quality, delivery and ESG performance to strengthen the resiliency of the TTC supply chain.
- Through the Land. Water. Thrive. initiative in partnership with iDE, TTC employees across global locations brought their skills and expertise to Zambia to help address water challenges faced by local smallholder farmers and provide education on the benefits of sustainable drip irrigation to increase crop yields.
- Expanded TTC’s Monitoring, Targeting and Reporting program that measures energy, water use and waste for all global manufacturing facilities, and established baseline metrics to guide reduction strategies.
