{"id":792865,"date":"2024-12-05T13:05:06","date_gmt":"2024-12-05T18:05:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/latham-shares-2023-environmental-social-and-governance-report\/"},"modified":"2024-12-05T13:05:06","modified_gmt":"2024-12-05T18:05:06","slug":"latham-shares-2023-environmental-social-and-governance-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/latham-shares-2023-environmental-social-and-governance-report\/","title":{"rendered":"Latham Shares 2023 Environmental, Social And Governance Report"},"content":{"rendered":"<h2>\nReport Shows Reduction in Environmental Impact, Progress in Employee Welfare and Retention<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"left\">LATHAM, N.Y., Dec.  05, 2024  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=UIHZZsIQVWQn5T0LdQgNCvEWY8mqkzTcOJkFyzqT7wgbNebwC7SRMHKQo1tWLldS86Z5b2NI_DGf7gGuaiSvrPe9dpwF8kRYj5-LmHPLA50=\" rel=\"nofollow\" target=\"_blank\">Latham Group, Inc.<\/a> [NASDAQ:SWIM],\u00a0the largest designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand, has published its <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=985gtR3fLKJ_11epZH-L2yxB74-7OB_LUboXpwXmc5C3DJa9xVeBE0djjlCtTmQudQMoD2zn_6dS7Rz0NUepf18cYqeAbwPN2rhDvGsiT07e5r1z18aNSiaa0rQOMqo09Y7Fon29RGHMqDg_pwlMUN9qBxy0Nm_JzRS13as0XBo=\" rel=\"nofollow\" target=\"_blank\">2023 Environmental, Social and Governance (ESG) Report<\/a>. The report highlights the company\u2019s substantial progress in a number of ESG areas, including refinement of its greenhouse gas emissions baseline, waste reduction, improved energy efficiency, improvements in employee retention and safety and continued enhancements to its robust governance framework.<\/p>\n<p align=\"left\">\u201cWe are proud to share the progress outlined in our 2023 ESG report, which reflects our commitments across the environmental, social and governance categories,\u201d said Scott Rajeski, President and CEO of Latham Pools. \u201cFrom building on our capability to measure greenhouse gas emissions and cutting waste in our production processes, to fostering a more inclusive and safer workplace, these achievements are a testament to the adoption of ESG into the Latham culture.\u201d<\/p>\n<p align=\"left\">\n        <strong><br \/>\n          <u>Environmental<\/u><br \/>\n        <\/strong><br \/>\n        <br \/>On the environmental front, Latham measured its annual greenhouse gas emissions for FY23 to assess the year-over-year changes in its footprint and identify areas for further improvement. Further, Latham achieved a 50% reduction in waste from fiberglass pool production compared to 2022. The company recycled thousands of tons of materials, including scrap vinyl, galvanized steel and aluminum. The company also expanded the use of more energy-efficient LED lighting to nearly half of its fiberglass facilities. Additionally, innovative measures such as adopting acetone alternatives and extending the implementation of Regenerative Thermal Oxidizer (RTO) technology to reduce emissions have further minimized Latham\u2019s environmental impact.<\/p>\n<p align=\"left\">\n        <strong><br \/>\n          <u>Social<\/u><br \/>\n        <\/strong><br \/>\n        <br \/>In the social sphere, Latham focused on its most valuable asset \u2014 its people. Providing a safe work environment for employees remained an imperative as demonstrated by Latham\u2019s continued capital investment in safety measures in its facilities and expanded safety training program. These initiatives produced meaningful results. The company saw a substantial reduction in safety incidents in 2023. In addition, by expanding employee assistance programs and enhancing mental health resources, the company strengthened its culture of care. Latham also achieved a 45% reduction in employee turnover since 2021, reflecting its commitment to creating a supportive and engaging work environment. Diversity and inclusion remained a key priority, with 20% of Latham\u2019s U.S. workforce representing underrepresented minorities.<\/p>\n<p align=\"left\">\n        <strong><br \/>\n          <u>Governance<\/u><br \/>\n        <\/strong><br \/>\n        <br \/>Governance excellence continued to be a cornerstone of Latham\u2019s strategy. Latham updated its Code of Conduct and Human Rights Policy, making them publicly accessible for greater transparency and 100% of its employees completed ethics and compliance training. ESG oversight was strengthened through the Nominating and Corporate Governance Committee (NCGC) of Latham\u2019s Board of Directors, which regularly reviewed progress and provided guidance to management. Board diversity remained a priority, which helped to ensure a wide range of perspectives in decision-making. These initiatives reflect Latham\u2019s dedication to fostering accountability, ethical practices and robust governance standards.<\/p>\n<p align=\"left\">\u201cOur 2023 ESG Report tells a powerful story of progress,\u201d noted Rajeski. \u201cAs a team, we look forward to continuing our journey of continuous improvement and remain committed to leading by example for the entire industry.\u201d<\/p>\n<p align=\"left\">For more information about Latham, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=UIHZZsIQVWQn5T0LdQgNCqnHsOEY3tBHk3sUcx8R_aSZnuv4WXpKPLLO4u1zscyRJBaYGV4q0Hu_j6m5jjcjnr14cA7IFaY7va21rM565QY=\" rel=\"nofollow\" target=\"_blank\">LathamPool.com<\/a>.<\/p>\n<p align=\"left\">\n        <strong><br \/>\n          <u>About Latham, the Pool Company<\/u><br \/>\n        <\/strong><br \/>\n        <br \/>Headquartered in Latham, NY, Latham Group, Inc., is the largest designer, manufacturer, and marketer of in-ground residential swimming pools and pool accessories in North America, Australia, and New Zealand. With over 60 years of experience and a coast-to-coast operations platform across 24 locations, the company offers a broad range of pool products, including fiberglass, vinyl liner, and automatic safety covers, all designed to provide homeowners with the highest quality and value. For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wjFmiUSahk9bblizrdHw-7i-LQ_cEKnfLWsRMccJNMIxRMYahjxkiv3DDSdvtXoRbdwMhEZbdkXtBl3la6TeFYA6Q0zIbR3NA4XY64nnBMs=\" rel=\"nofollow\" target=\"_blank\">www.lathampool.com<\/a>.<\/p>\n<p align=\"left\">Contact: Abigail Cox or Paige Allbright<br \/>L.C. Williams &amp; Associates <br \/>800\/837-7123 or 312\/565-3900<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=bG542LIVyuV9AOCEzxDkgJ4eAUvaeaaFYVPYbbghfVLzgbfGIQPLH2gtfczTHFRBnm-90gM-PWZbkMvFSLYZMw==\" rel=\"nofollow\" target=\"_blank\">acox@lcwa.com<\/a> or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=VMwhDcbL7knwfl3XJKVKNT8XeHHOW60O1X6WBr5YaVsLbaj9n701ePVSkzVhJUM0iCnaIm3S461fIJHeOGamtWZKcX3-OeohkgPc0j4C9nI=\" rel=\"nofollow\" target=\"_blank\">pallbright@lcwa.com<\/a><\/p>\n<p>A photo accompanying this announcement is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=r3n4ytISKHH4tfk1mLohxTZe_V1NHIdBoOpZs7QLPSnDT8NArHyPfmnPHNeDsv4n6oGMpa-P-Zk_W99yKDW5MfPqbZPhwrHteDkCl0alCx_43V06V6YYNhxvVWcbHlhVrjebFZVOkUMYLg6rYAREGRqdDw2bd0-xcwScTWvofEnrNP1k0Vz1VAFsUQI70ZfTu11h_U5CHwtVMC5BZ4RvaNqCQMAjutozRg2y80f2AzErYLTtiijayYORHfQKMr-9mVlSXP_lmvYmxPCZqJC1DQ==\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/4036fdcd-4288-4fd8-9939-e921edf9f881<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMxNTAxNiM2NjI1MTYzIzIyMDczMjM=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/OTc3NDVlNTEtMTQ5NS00MjA0LThjNDktMTNlMjk4ZWQxM2E0LTEyMTg4NzY=\/tiny\/Latham-Pool-Products.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Report Shows Reduction in Environmental Impact, Progress in Employee Welfare and Retention LATHAM, N.Y., Dec. 05, 2024 (GLOBE NEWSWIRE) &#8212; Latham Group, Inc. [NASDAQ:SWIM],\u00a0the largest designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand, has published its 2023 Environmental, Social and Governance (ESG) Report. The report highlights the company\u2019s substantial progress in a number of ESG areas, including refinement of its greenhouse gas emissions baseline, waste reduction, improved energy efficiency, improvements in employee retention and safety and continued enhancements to its robust governance framework. \u201cWe are proud to share the progress outlined in our 2023 ESG report, which reflects our commitments across the environmental, social and governance categories,\u201d said Scott Rajeski, President and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/latham-shares-2023-environmental-social-and-governance-report\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Latham Shares 2023 Environmental, Social And Governance Report&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-792865","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Latham Shares 2023 Environmental, Social And Governance Report - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/latham-shares-2023-environmental-social-and-governance-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Latham Shares 2023 Environmental, Social And Governance Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Report Shows Reduction in Environmental Impact, Progress in Employee Welfare and Retention LATHAM, N.Y., Dec. 05, 2024 (GLOBE NEWSWIRE) &#8212; Latham Group, Inc. [NASDAQ:SWIM],\u00a0the largest designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand, has published its 2023 Environmental, Social and Governance (ESG) Report. The report highlights the company\u2019s substantial progress in a number of ESG areas, including refinement of its greenhouse gas emissions baseline, waste reduction, improved energy efficiency, improvements in employee retention and safety and continued enhancements to its robust governance framework. \u201cWe are proud to share the progress outlined in our 2023 ESG report, which reflects our commitments across the environmental, social and governance categories,\u201d said Scott Rajeski, President and &hellip; Continue reading &quot;Latham Shares 2023 Environmental, Social And Governance Report&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/latham-shares-2023-environmental-social-and-governance-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-05T18:05:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMxNTAxNiM2NjI1MTYzIzIyMDczMjM=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/latham-shares-2023-environmental-social-and-governance-report\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/latham-shares-2023-environmental-social-and-governance-report\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Latham Shares 2023 Environmental, Social And Governance Report\",\"datePublished\":\"2024-12-05T18:05:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/latham-shares-2023-environmental-social-and-governance-report\\\/\"},\"wordCount\":647,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/latham-shares-2023-environmental-social-and-governance-report\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTMxNTAxNiM2NjI1MTYzIzIyMDczMjM=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/latham-shares-2023-environmental-social-and-governance-report\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/latham-shares-2023-environmental-social-and-governance-report\\\/\",\"name\":\"Latham Shares 2023 Environmental, Social And Governance Report - 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[NASDAQ:SWIM],\u00a0the largest designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand, has published its 2023 Environmental, Social and Governance (ESG) Report. The report highlights the company\u2019s substantial progress in a number of ESG areas, including refinement of its greenhouse gas emissions baseline, waste reduction, improved energy efficiency, improvements in employee retention and safety and continued enhancements to its robust governance framework. \u201cWe are proud to share the progress outlined in our 2023 ESG report, which reflects our commitments across the environmental, social and governance categories,\u201d said Scott Rajeski, President and &hellip; Continue reading \"Latham Shares 2023 Environmental, Social And Governance Report\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/latham-shares-2023-environmental-social-and-governance-report\/","og_site_name":"Market Newsdesk","article_published_time":"2024-12-05T18:05:06+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMxNTAxNiM2NjI1MTYzIzIyMDczMjM=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/latham-shares-2023-environmental-social-and-governance-report\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/latham-shares-2023-environmental-social-and-governance-report\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Latham Shares 2023 Environmental, Social And Governance Report","datePublished":"2024-12-05T18:05:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/latham-shares-2023-environmental-social-and-governance-report\/"},"wordCount":647,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/latham-shares-2023-environmental-social-and-governance-report\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMxNTAxNiM2NjI1MTYzIzIyMDczMjM=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/latham-shares-2023-environmental-social-and-governance-report\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/latham-shares-2023-environmental-social-and-governance-report\/","name":"Latham Shares 2023 Environmental, Social And Governance Report - 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