MINNEAPOLIS—Tennant Company, a world leader in designing, manufacturing, and marketing solutions to reinvent how the world cleans, has released its annual Sustainability Report. The report, detailing achievements for the 2023 fiscal year, also marks the first year of reporting on the company’s Thriving People. Healthy Planet. sustainability framework.
“Our Thriving People. Healthy Planet. framework is rooted in our daily activity to integrate sustainability into every aspect of our business,” said President and CEO Dave Huml. “We’re proud of the work we’ve accomplished and of the bold goals we’ve set—ambitions that will create shared value for our company, people, communities, and the planet.”
Launched in 2023, Tennant’s sustainability framework defines the company’s material sustainability issues and outlines where it can drive the most meaningful impact for all stakeholders. The Thriving People. Healthy Planet. framework serves as the lens for the company to set goals, align plans, and continue its journey of integrating sustainability into its business.
Progress Against Goals & Ambitions
The 2024 (FY23) report details the company’s actions against its commitments across the two pillars, each targeting key impact areas where the company intends to drive progress. Tennant has made significant progress against its goals and ambitions. Highlights include:
- Maintained progress toward validated net-zero targets by:
- Reducing Scope 1 and 2 (operations and fleet) greenhouse gas emissions by 13 percent compared to the 2021 base year.
- Sourcing 92 percent of global electricity from renewable energy sources.
- Reducing Scope 3 Category 11 (use of sold products) emissions by 8 percent compared to the 2021 base year.
- Made strides in DE&I journey:
- In 2023, 23 percent of leadership positions globally were held by women, an increase from the 2022 base year and on track toward 2030 ambition.
- In 2023, 25.4 percent of U.S. employees identified as BIPOC (Black, Indigenous, People of Color), an increase from the 2022 base year and on track toward 2030 ambition.
- Invested over $1.1 million to support the communities in which it operates through the Tennant Foundation and corporate philanthropy.
- In 2023, in partnership with customers, products enabled the cleaning of 9.7 trillion square feet of shared spaces.
With the launch of the 2023 (FY22) Sustainability Report, Tennant announced its ambition to increase women in leadership globally to 33 percent by the end of 2030. At the end of 2023, the company created a second ambition focused on increasing the percentage of U.S. employees identifying as BIPOC to 30 percent over the same time frame.
“Everyone has better outcomes when our business is inclusive and reflects the customers we serve,” said Senior Director of Sustainability and ESG Reilly Goodwin. “We recognize our unique opportunity—and responsibility—to create sustainable value for our business, customers, and society. Across our Thriving People. Healthy Planet. framework, we are enabling business performance, setting goals that drive efficiencies and innovation across our business, and delivering solutions for our customers, and against our collective global challenges.”
Progress against this work and Tennant’s other sustainability and ESG commitments are reported each year in the company’s annual Sustainability Report. The full Tennant Company 2024 (FY23) Sustainability Report may be viewed and downloaded on the company’s investor website.
