Month: January 2024

CINCINNATI, January 24, 2024 /3BL/ – Cintas Corporation (Nasdaq: CTAS) today published its 2023 Sustainability Report (the “Report”), which provides an update on the company’s continued efforts to elevate its corporate, environmental, social and governance impact – People, Planet, Workday. 

Now in its fourth year, the Report details the company’s performance in the fiscal year 2023, which ended May 31, 2023. 

>> View the 2023 Cintas Sustainability Report

“Cintas’ heritage is rooted in our collective commitment to efficiency, innovation, and excellence – and this year was no exception,” said Todd Schneider, President and CEO of Cintas. “We continued to optimize our proprietary SmartTruck technology and moved to the Google Cloud Platform as we doubled down on our commitment to technology innovation to drive efficiency. We reduced our emissions intensity by 11% and further enhanced the efficiency of our water usage. We recorded the lowest safety incident rate in our history. In keeping with our ongoing commitment to our people, we were named one of Forbes’ America’s Best Large Employers 2023, reflecting our efforts to prioritize and support the needs of our employee-partners. These tremendous achievements represent just a few highlights of the progress we made in 2023.” 

The Company’s 2023 accomplishments include:

Achieved the lowest safety incident rate (TRIR) in the company’s history of 1.53Employee-partners in the U.S. with a self-reported minority status increased to 45.1%Reduced greenhouse gas emissions intensity by 35% since the fiscal 2019 base year, including a more than 11% decrease in fiscal 2023Reduced energy usage intensity by 33% since the fiscal 2019 base year, including a 13% decrease in fiscal 2023 More than a 9% reduction in both water withdrawal and total water consumed since the fiscal 2019 base year

“In 2023, we continued to deliver significant progress in our efforts in Diversity, Equity, and Inclusion, Health and Safety, Environmental Stewardship, and other sustainability programs, all while driving innovation to advance our key initiatives,” said Christy Nageleisen, Vice President of ESG. “Our commitment to sustainability and adhering to our attitude of positive discontent to drive continuous improvement are deeply engrained in the fabric of Cintas and continue to help us lead a ‘Shared Drive for Better’ for our employee-partners, the communities we serve, the planet, and our customers.”

For more information about these key initiatives and activities and Cintas’ commitment to sustainable business, visit cintas.com/esg. 

About Cintas
Cintas Corporation helps more than one million businesses of all types and sizes get Ready™ to open their doors with confidence every day by providing products and services that help keep their customers’ facilities and employees clean, safe and looking their best. With offerings including uniforms, mats, mops, restroom supplies, first aid and safety products, fire extinguishers and testing, and safety training, Cintas helps customers get Ready for the Workday®. Headquartered in Cincinnati, Cintas is a publicly held Fortune 500 company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of both the Standard & Poor’s 500 Index and Nasdaq-100 Index.

Media Contact: 
Michelle Goret, Cintas Vice President of Corporate Affairs goretm@cintas.com, 513-972-4155

Nasdaq

Planning for ESG reporting, disclosures, and events can be a challenging undertaking. There are countless events and submission deadlines to track, several of which have limited timeframes each year for participation, and the dates are not always easy to track down. Nasdaq’s dedicated ESG team therefore compiled the calendar below as a resource to assist you in organising and resourcing your 2024 ESG plans. Presented in a quarterly format, the calendar identifies key reporting deadlines and release dates for ESG frameworks, standards, rating and ranking questionnaires, and assessments, as well as important ESG events and conferences.

How to Plan Your ESG Year Ahead 

While this calendar reflects the most widely known ESG reporting organisations and events, it will continue to evolve as a reflection of the evolving ESG landscape. With ever more ESG reporting frameworks, ratings, and events coming about, it is important to identify and prioritise those most impactful to your ESG program, as resourcing all of these is unrealistic for most organisations. In evaluating which ratings and rankings in which to participate, for example, identify those most critical to your shareholders and other stakeholders, including employees and customers, and to your brand. Consider opportunities for feedback and benchmarking against your peers. Should you need support with this assessment, our Nasdaq ESG Advisory team is standing by to help you make the most of your ESG disclosures.

Once you have identified your priorities, ensure that you have the right resources and partners in place to help you achieve your goals. For example, while reporting to the Carbon Disclosure Project (CDP) begins in April, it is essential to have the right technology in place for your emissions calculations well in advance of that window. Connecting with our Nasdaq ESG Solutions team will help you understand and begin the data collection and assessment processes needed for your CDP response. Similarly, the Dow Jones Sustainability Index Corporate Sustainability Assessment (CSA) deadline for participation is typically early to mid-summer. Engaging our team and the Nasdaq Metrio platform will ensure you can begin to understand the requirements of the survey and find the right data points and subject matter experts across your organisation in preparation for your submission. Once you are ready to participate, Nasdaq Metrio, our end-to-end sustainability reporting platform, can also streamline the transfer of your data to many of the reporting and rating organisations to minimise duplicative data entry and ensure the accuracy of your responses.

Additional detail on timing may become available and new events may be added, so bookmark this link to leverage our team’s ESG updates throughout 2024.

Download PDF Calendar