NFI named one of Best 50 Corporate Citizens in Canada by Corporate Knights
June 29 2022 - 5:13AM
(TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc.
(“NFI”), a leading independent bus and coach manufacturer and a
leader in electric mass mobility solutions, today announced that it
has been ranked among Corporate Knights’ 2022 Best 50 Corporate
Citizens in Canada.
The Best 50 Corporate Citizens represent a
rising standard and ambition for corporate sustainability
leadership in Canada. To determine the ranking, Corporate Knights
analyzed 332 large Canadian organizations against domestic and
global industry peers against a suite of 24 quantitative
environmental, social, and governance (“ESG”) key performance
indicators. NFI received top quartile scores on water and nitrogen
oxides (“NOx”) productivity, clean revenue (earned from the
production of zero-emission buses), clean investment, and
above-average performance on board gender diversity.
“It is an honour for NFI Group to be named among
the Best 50 Corporate Citizens in Canada, and we are grateful to
Corporate Knights for recognizing our initiatives and
accomplishments,” said Janice Harper, Executive Vice President,
People and Culture, NFI. “Our team has worked exceptionally hard to
build our ESG program, and in nurturing deeper diversity across our
global team which better positions us for future innovation and
growth. As leaders in mass mobility solutions, we play a critical
role in driving tangible environmental and social impact: our
products help lower emissions, create economic opportunities, and
build healthier communities. In addition, through our workplace
initiatives, we are generating positive impact for our employees,
surrounding communities, and other stakeholders.”
Details on NFI’s workplace initiatives,
environmental results, and ESG priorities can be found at
nfigroup.com/ESG. As part of the ranking, Corporate Knights
published a case study on NFI’s leadership in electric mobility,
located at corporateknights.com/earth-index/#nfi.
NFI is a leader in zero-emission mobility, with
electric vehicles operating (or on order) in more than 80 cities in
six countries. NFI offers the widest range of zero-emission battery
and fuel cell-electric buses and coaches, and its vehicles have
completed over 65 million EV service miles, which equates to the
prevention of 182,000 imperial tons of greenhouse gas (“GHG”)
emissions from entering the environment.
NFI continues to lead the evolution to
zero-emission transportation, or ZEvolution™.
NFI’s Sustainability Pledge - “Better Product. Better Workplace.
Better World” - first adopted in 2006, guides the Company’s daily
actions and long-term planning. More information, including NFI’s
latest ESG Report, can be found at nfigroup.com/ESG.
NFI supports growing North American cities with
scalable, clean, and sustainable mobility solutions through a
four-pillar approach that includes buses and coaches,
technology, infrastructure, and workforce development. NFI
also operates the Vehicle Innovation Center (“VIC”), the
first and only innovation lab of its kind dedicated to advancing
bus and coach technology and providing workforce development. Since
opening in late 2017, the VIC has hosted over 300 interactive
events, welcoming 5,000 industry professionals for EV and
infrastructure training.
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 7,500 team members in nine 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’s common
shares trade on the Toronto Stock Exchange (“TSX”) under the symbol
NFI and its convertible unsecured debentures trade on the TSX under
the symbol NFI.DB. News and information is available at
www.nfigroup.com, www.newflyer.com, www.mcicoach.com,
www.nfi.parts, www.alexander-dennis.com, www.arbocsv.com, and
www.carfaircomposites.com.
For sustainability inquiries, please
contact:esg@nfigroup.com
For investor inquiries, please contact:Stephen
KingP: 204.224.6382Stephen.King@nfigroup.com
NFI (TSX:NFI)
Historical Stock Chart
From Mar 2024 to Apr 2024
NFI (TSX:NFI)
Historical Stock Chart
From Apr 2023 to Apr 2024