Greenbrier Issues 2024 Sustainability Update

Core Insights - The Greenbrier Companies, Inc. released its 2024 Sustainability Update titled "On Track Together," highlighting key sustainability issues across various domains [1][3] - The report emphasizes the company's commitment to sustainability through various initiatives and recognitions received from stakeholders [3] Sustainability Performance - In fiscal 2024, Greenbrier's renewable energy usage reached 35% across the U.S. [2] - The company reused, reclaimed, or recycled 25,000 tons of materials through its railcar restoration activities [2] - The share of recycled steel purchased for new railcar manufacturing increased to 56% [2] - Local communities benefited from nearly $800,000 in charitable contributions from Greenbrier [2] Employee Engagement - Greenbrier achieved a global employee response rate of 94% in its 2024 survey, which aimed to gather feedback and insights for improvement [2] Risk Management and Compliance - A third-party automated risk management system was introduced to ensure compliance with international laws and regulations [2] Awards and Recognitions - Greenbrier received multiple sustainability awards in 2024, including recognitions from Canadian National Railway, Union Pacific, and Newsweek [2][3] Reporting Framework - The report follows the Sustainability Accounting Standards Board (SASB) framework and references the United Nations Sustainable Development Goals (UN SDGs) [3] - Greenbrier plans to transition to the International Sustainability Standards Board's (ISSB) new International Financial Reporting Standards (IFRS) for sustainability-related disclosures [3]