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Classified in: Environment, Covid-19 virus
Subjects: Product/Service, Business Update

The Toro Company Releases 2021 Sustainability Report


The Toro Company (NYSE: TTC) today released its Sustainability Report for fiscal 2021, which highlights key achievements, metrics and newly defined sustainability goals as part of its Sustainability Endures strategic initiative. The report builds on the company's longstanding commitment to making a positive impact financially, socially and environmentally worldwide.

"At The Toro Company, sustainability is engrained in our purpose, our actions and our approach to doing business," said Richard M. Olson, chairman and chief executive officer. "It is rooted in a genuine desire to help our customers solve their most important challenges in a sustainable way, and extends to improving the rapidly changing world in which we live. Not only is sustainability at the heart of how we innovate and develop new products and technologies, it also influences daily operations, the way we invest in our people, and the way we compete and win in the right way. It is also displayed in our dedication to serving customers and giving back to global communities."

TTC's established Sustainability Endures initiative is comprised of four pillars ? People, Products, Process and Planning ? that guide strategic actions and drive enterprise sustainability efforts on a global scale. Through the work of each pillar, the company has created performance goals to help drive change in a meaningful way. These newly established goals include:

Sustainability is fundamental to TTC's strategic priorities and is ingrained in its purpose and actions. The company continues to leverage innovation to reduce the impact of its operations, products and services as evidenced by recent key sustainability initiatives and accomplishments:

Looking ahead, the company has also strategically aligned its priorities with six United Nations Sustainable Development Goals to help address environmental and social issues globally in areas where TTC can make the most significant contributions. The identified goals are: Goal 6 ? Clean Water and Sanitation; Goal 8 ? Decent Work and Economic Growth; Goal 9 ? Industry, Innovation and Infrastructure; Goal 11 ? Sustainable Cities and Communities; Goal 12 ? Responsible Consumption and Production; Goal 13 ? Climate Actions.

"We have established a roadmap to achieve our stated sustainability goals in support of our strategic priorities ? accelerating profitable growth, achieving operational excellence and empowering our people," added Olson. "We are excited to share our progress and the achievements that got us here today, as well as future aspirations along our sustainability journey."

The full sustainability report, which was prepared with reference to the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB), can be found at: www.thetorocompany.com/sustainability.

About The Toro Company

The Toro Company (NYSE: TTC) is a leading worldwide provider of innovative solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. With sales of $4.0 billion in fiscal 2021, The Toro Company's global presence extends to more than 125 countries through a family of brands that includes Toro, Ditch Witch, Exmark, Spartan Mowers, BOSS Snowplow, Ventrac, American Augers, Trencor, Pope, Subsite Electronics, HammerHead, Radius HDD, Perrot, Hayter, Unique Lighting Systems, Irritrol, and Lawn-Boy. Through constant innovation and caring relationships built on trust and integrity, The Toro Company and its family of brands have built a legacy of excellence by helping customers work on golf courses, sports fields, construction sites, public green spaces, commercial and residential properties and agricultural operations. For more information, visit www.thetorocompany.com.


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