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Vista Outdoor Named by Investor’s Business Daily as Top 3 ESG Company in Consumer Goods
Vista Outdoor Inc. was recently ranked No. 39 on Investor’s Business Daily‘s 2021 Best ESG Companies list, which recognizes the top 100 businesses with superior Environmental, Social and Governance (ESG) ratings in addition to strong fundamentals and technical stock performance. This is Vista Outdoor’s first year to make the list, ranking in the Top 3 within the Consumer Goods category.
Vista Outdoor believes that sustainable business practices, diversity, stakeholder engagement, and effective corporate governance are critical to the long-term success of its business. In its Annual ESG Report, readers will find updates on identified KPI’s, corporate social responsibility, public policy, and coalition partnerships.
“Common ground is found outside, which is why Vista Outdoor continues to make strides to advance environmental, social and governance progress in the outdoor industry,” said Chris Metz, Chief Executive Officer of Vista Outdoor. “This is great recognition for Vista Outdoor and we are honored to have made the list, joining other fantastic companies in advancing these shared ideals while we work to build common ground, promote sustainability, advocate for conservation, and expand outdoor opportunities for all.”
Vista Outdoor manages its ESG initiatives through a multi-disciplinary working group comprised of corporate, business unit and brand subject matter experts. Each member of the working group is responsible for key ESG metrics and deliverables, which collectively are reported through the company’s annual ESG Impact Report.
“At CamelBak, our goal is not to make more, but to do more – with less. We are implementing changes to our products, packaging, and facilities to achieve ambitious carbon reduction targets. The responsibility of sustainability lies with all of us—makers and consumers, and people are key to our success. CamelBak believes and promotes that the outdoors is for everyone and will continue to advance inclusivity, both internally and externally,” said Marissa Strano, Manager of Materials Innovations & Sustainability for CamelBak.
“ESG progress has been in our ammunition brand DNA for generations. We have a long and storied legacy of supporting conservation and hunting recruitment efforts. From the very first 4-H Shooting Sports program to industry-leading conservation partnership and Pittman-Robertson funding. And now we are using ESG to drive efficiencies and operational improvements in manufacturing, which provides for better environmental outcomes and reduced costs – a win-win for hunters and shooters everywhere,” said Rochelle Poore, Senior Director, Strategy and Business Development for Ammunition.
“Elevating our ESG initiatives has been a common goal shared across the entire Hunt, Shoot, Tactical and Golf organization. Together, we have worked to implement programs & projects to reduce our environmental footprint. Our business unit’s brands have also taken great pride in being stewards of conservation by partnering with cross functional organizations in an effort to promote outdoor activities and wildlife protection and enhancement,” said Mike Elliot, Vice President of Operations for Hunt/Shoot & Golf.
To view the complete list of IBD’s 100 Best ESG Companies, with data pulled from IBD and Down Jones, go to https://www.investors.com/esg-investing/.