(TSX: NFI, OTC: NFYEF) NFI Group Inc. (“NFI” or
the “Company”), a leading independent bus and coach manufacturer
and a leader in electric mass mobility solutions, today released
its Environmental, Social and Governance (“ESG”) Report for 2020
(“ESG Report” or “Report”).
“NFI is proud to release our third annual ESG
Report demonstrating the growth and maturity in our Group-wide ESG
program and our ongoing commitments to drive positive change for
our stakeholders,” said Paul Soubry, President and Chief Executive
Officer, NFI. “As a leading global designer, manufacturer and
provider of mass transportation mobility solutions, we have a
responsibility to lead and it’s in that spirit of leadership that
we focus on Our Sustainability Pledge, to create a Better Product,
Better Workplace and Better World. NFI has been innovating in
zero-emission and electric buses for decades and our sustainable
mobility solutions enable smart city development, help reduce the
impacts of climate change, traffic congestion and noise pollution,
and create economic opportunity for current and future
generations.”
NFI’s 2020 ESG Report provides updated
performance indicators, a matrix outlining NFI’s ESG priorities for
2021, and case studies outlining some of the specific projects and
initiatives the Company undertook in 2020. The Report focuses on
the three main components of NFI’s Sustainability Pledge: “Better
Product. Better Workplace. Better World”, which guides the
Company’s daily actions and long-term planning.
Better
Product: NFI’s mobility solutions, including
battery-electric buses and coaches, are “Leading the
ZEvolution™” to a zero-emission future. Since
2015, NFI has delivered over 1,380 zero-emission buses, or ZEBs,
that have travelled more than 40 million miles and prevented the
emission of billions of pounds of CO2 into the atmosphere.
Better
Workplace: In addition to the Company’s focus on the
environmental and social benefits created by its products, NFI is
committed to protecting human health and being an employer and
partner of choice. As part of the Company’s drive to maintain a
respectful, inclusive and vibrant workplace culture, NFI joined
Canada’s 50 – 30 Challenge and remains focused on diversity,
equity, inclusion and economic prosperity for all our team
members.
Better
World: NFI is focused on creating positive change for all
its stakeholders and acting as a responsible corporate citizen. In
addition to supporting communities through partnerships,
sponsorships and volunteer initiatives, NFI is also focused on
workplace development, customer training and reducing its
environmental footprint to enrich the Company’s people and the
communities around them.
“At NFI, we are committed to creating long-term
and sustainable value for all stakeholders, while also being
responsible to the environment and the communities in which we live
and work,” said Janice Harper, Executive Vice President People and
Culture, NFI. “We are focused on both our internal initiatives,
including an increase in the diversity of our team and reduction of
our carbon footprint, and on the external environmental and social
benefits created by our products. We are also focused on
continuously improving our ESG reporting, and 2021 will mark our
first year of formal disclosure under CDP, a global environmental
impact disclosure system.”
The ESG Report also introduces NFI’s four pillar
approach, which directly supports the evolution of zero-emission
technology, the need for equitable access to mobility, and the
people development that will drive a more sustainable future. The
four pillars include:
- Buses & Coaches;
- Infrastructure;
- Smart, Connected Technology;
and
- Workforce Development.
To develop this Report, NFI consulted with a
broad range of external stakeholders on regional and global levels,
including customers, suppliers, investors and community partners.
NFI sought expertise in Human Resources, Legal, Procurement, Ethics
and Compliance, Health and Safety, Risk Management, Investor
Relations and Communications. The Report is published with the
approval of NFI’s Board of Directors.
About NFI
Leveraging 450 years of combined experience, NFI
is leading the electrification of mass mobility around the world.
With zero-emission buses and coaches, infrastructure, and
technology, NFI meets today’s urban demands for scalable smart
mobility solutions. Together, NFI is enabling more livable cities
through connected, clean, and sustainable transportation.
With 8,000 team members in ten countries, NFI is
a leading global bus manufacturer of mass mobility solutions under
the brands New Flyer® (heavy-duty transit buses), MCI® (motor
coaches), Alexander Dennis Limited (single and double-deck buses),
Plaxton (motor coaches), ARBOC® (low-floor cutaway and medium-duty
buses), and NFI Parts™. NFI currently offers the widest range of
sustainable drive systems available, including zero-emission
electric (trolley, battery, and fuel cell), natural gas, electric
hybrid, and clean diesel. In total, NFI supports its installed base
of over 105,000 buses and coaches around the world. NFI common
shares are traded on the Toronto Stock Exchange under the symbol
NFI. News and information is available at www.nfigroup.com,
www.newflyer.com, www.mcicoach.com, www.arbocsv.com,
www.alexander-dennis.com, and www.nfi.parts.
For media inquiries, please contact:Lindy
NorrisP: 320.406.3386Lindy_Norris@newflyer.com
For investor inquiries, please contact:Stephen
KingP: 204.224.6382Stephen.King@nfigroup.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/bc398bee-ebef-4318-8020-cf184a426935
A video accompanying this announcement is available
at https://www.globenewswire.com/NewsRoom/AttachmentNg/55c9f7a8-bf07-4e97-93ea-a2531bd907c2
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