Polaris Achieves DOE 50001 Ready Designation at Seven of its U.S. Facilities
MINNEAPOLIS (Oct. 26, 2023) – Polaris Inc. (NYSE: PII), the global leader in powersports, announced today that seven of its U.S. based sites have achieved 50001 Ready designation from the U.S. Department of Energy (DOE). This recognition is a milestone in the company’s focus on implementing an energy standard in its facilities and achieving a 50% reduction in absolute greenhouse gas emissions (GHG) (scope 1 and 2) across its global footprint by 2035.
DOE 50001 Ready program’sno-cost tools to identify areas of opportunity and implement systems and processes that help lower energy use, cost, and emissions, and ultimately meet the necessary criteria to be recognized as being 50001 Ready.
“As a company passionate about helping people enjoy the outdoors, we recognize the importance of doing our part to be stewards of the environment both in our facilities and through responsible riding practices,” said Deborah Briggs, Vice President EHSS and Facilities, Polaris. “Becoming DOE 50001 Ready plays a large role in an individual site’s contributions toward our goal of a 50% reduction in absolute greenhouse gas emissions while also helping us put the right infrastructure in place to measure and monitor continued improvements.”
GHG emissions is just one area of focus for Polaris when it comes to reducing its environmental impact. In 2023, the company announced it had achieved all three of its 2022 environmental stewardship goals including surpassing its goal of a 5% reduction in GHG and reporting a cumulative 12.7% reduction. Additionally, Polaris introduced a new set of Geared For Good environmental goals focused on the areas of GHG emissions, renewable energy, water and waste management.
As if today, the seven Polaris sites that have been designated as 50001 Ready include: Huntsville, Ala.; Monticello, Minn.; Osceola, Wis.; Roseau, Minn.; Spirit Lake, Iowa, Vermillion, S.D.; Wyoming, Minn. The Huntsville, Alabama, facility renewed its certification for a fourth year in 2023.
Polaris is a recognized leader in the powersports industry with annual 2013 sales of $3.8 billion. Polaris designs, engineers, manufactures and markets innovative, high-quality off-road vehicles, including all-terrain vehicles (ATVs) and the Polaris RANGER® and RZR® side-by-side vehicles, snowmobiles, motorcycles and on-road electric/hybrid powered vehicles.
Polaris is among the global sales leaders for both snowmobiles and off-road vehicles and has established a presence in the heavyweight cruiser and touring motorcycle market with the Victory and Indian Motorcycle brands. Additionally, Polaris continues to invest in the global on-road small electric/hybrid powered vehicle industry with Global Electric Motorcars (GEM), Goupil Industrie SA, Aixam Mega S.A.S., and internally developed vehicles. Polaris enhances the riding experience with a complete line of Polaris Engineered parts, accessories, and apparel, Klim branded apparel and ORV accessories under the Kolpin and Cycle Country brands.
Polaris Industries Inc. trades on the New York Stock Exchange under the symbol “PII”, and the Company is included in the S&P Mid-Cap 400 stock price index.
Information about the complete line of Polaris products, apparel and vehicle accessories are available from authorized Polaris dealers or anytime at www.polaris.com.