Carlisle Companies Incorporated (NYSE:CSL) today published its 2024 Corporate Sustainability Report, highlighting progress toward Carlisle's sustainability goals through its legacy of innovation in sustainability and culture of continuous improvement fostered through the Carlisle Operating System.
"In 2024, we entered the next phase of our sustainability roadmap: generating shareholder value through sustainability," said Chris Koch, Chair, President and Chief Executive Officer. "I'm proud of the progress we made against our three-pillar sustainability strategy, and the impact our people made last year by manufacturing products that have the potential to save our customers $20 billion over the lifetime of those products."
The Carlisle 2024 Corporate Sustainability Report outlines notable accomplishments consistent with its three-pillar sustainability strategy, including:
- Manufacturing energy efficient products: In 2024 Carlisle sold over $3.5B worth of products that help buildings achieve LEED certification – representing approximately 70% of total Company revenue. These products not only meet evolving code requirements but also deliver measurable energy and carbon savings.
- Reducing emissions: Carlisle made significant progress against its emissions targets in 2024 through operational efficiencies in its factories, a continued shift toward low-carbon electricity sources, and increased deployment of electric forklifts. In 2024, Carlisle reduced Scope 1 & 2 emissions by 26.75% from the 2021 base year, achieving 60% of its near-term 2030 target.
- Diverting landfill waste: Carlisle made meaningful progress toward its goal of 2 million tons of waste diverted by 2030 – diverting an additional 113,000 tons of material in 2024 by procuring recycled-content raw materials, expanding rooftop membrane takeback programs, reducing operational scrap, and upcycling residual volumes to ensure materials remain in productive use.
"Carlisle's steadfast commitment to our sustainability goals reflects our enduring values of operational excellence and continuous improvement," said Dave Smith, Vice President of Sustainability and Community Relations. "The publication of our 2024 Sustainability Report highlights our legacy of driving meaningful change, delivering measurable results, and building a more sustainable future."
The Carlisle 2024 Corporate Sustainability Report and additional information about the company's sustainability strategy, objectives, and progress can be found at www.carlisle.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally use words such as "expect," "foresee," "anticipate," "believe," "project," "should," "estimate," "will," "plans," "intends," "forecast," and similar expressions, and reflect our expectations concerning the future. Such statements are made based on known events and circumstances at the time of publication and, as such, are subject in the future to unforeseen risks and uncertainties. It is possible that our future performance may differ materially from current expectations expressed in these forward-looking statements, due to a variety of factors such as: increasing price and product/service competition by foreign and domestic competitors, including new entrants; technological developments and changes; the ability to continue to introduce competitive new products and services on a timely, cost-effective basis; our mix of products/services; increases in raw material costs that cannot be recovered in product pricing; domestic and foreign governmental and public policy changes including environmental and industry regulations; the ability of our customers to maintain appropriate labor levels under U.S. immigration laws, policies and practices; the ability to meet our goals relating to our intended reduction of greenhouse gas emissions, including our net zero commitments; threats associated with and efforts to combat terrorism; protection and validity of patent and other intellectual property rights; the identification of strategic acquisition targets and our successful completion of any transaction and integration of our strategic acquisitions; our successful completion of strategic dispositions; the cyclical nature of our businesses; the impact of information technology, cybersecurity, artificial intelligence or data security breaches at our businesses or third parties; the outcome of pending and future litigation and governmental proceedings; the emergence or continuation of widespread health emergencies; and the other factors discussed in the reports we file with or furnish to the Securities and Exchange Commission from time to time. In addition, such statements could be affected by general industry and market conditions and growth rates, the condition of the financial and credit markets and general domestic and international economic conditions, including inflation, interest rate and currency exchange rate fluctuations, and tariffs. Further, any conflict in the international arena, including the Russian invasion of Ukraine and war in the Middle East, may adversely affect general market conditions and our future performance. Any forward-looking statement speaks only as of the date on which that statement is made, and we undertake no duty to update any forward-looking statement to reflect events or circumstances, including unanticipated events, after the date on which that statement is made, unless otherwise required by law. New factors emerge from time to time and it is not possible for management to predict all of those factors, nor can it assess the impact of each of those factors on the business.
About Carlisle Companies Incorporated
Carlisle Companies Incorporated is a leading supplier of innovative building envelope products and solutions for more energy efficient buildings. Through its building products businesses – Carlisle Construction Materials ("CCM") and Carlisle Weatherproofing Technologies ("CWT") – and family of leading brands, Carlisle delivers innovative, labor reducing and environmentally responsible products and solutions to customers through the Carlisle Experience. Carlisle is committed to generating superior shareholder returns and maintaining a balanced capital deployment approach, including investments in our businesses, strategic acquisitions, share repurchases and continued dividend increases. Leveraging its culture of continuous improvement as embodied in the Carlisle Operating System ("COS"), Carlisle has committed to achieving net-zero greenhouse gas emissions by 2050.
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Christian Nolte
Vice President, Communications
(813) 753-6520
[email protected]