Stock-listed chassis and suspension expert Fox Factory Holding Corp. released its 2022 global sustainability report. It is not only highlighting today’s company’s strategy and achievements but also introducing the next stage of its sustainability journey by setting 2030 aspirations for positive impacts across its operations and communities.
The US company’s business is divided into Powered Vehicles Group (PVG) and Specialty Sports Group (SSP). SPP is overlooking the bicycle products premium brands Easton Cycling, Fox, Marzocchi and Race Face.
“It’s incredible to see how far we’ve come since formally embarking on our sustainability journey in 2021, yet it feels like we’re just getting started,” states Fox Factory CEO Mike Dennison. “I’m excited about the aspirations all being win-win visions in areas that are important to both our business and stakeholders. We’re finding the sweet spot of creating better outcomes for people and the environment while increasing our performance.”
Key highlights from 2022 are listed in the report under the following nine headlines:
- Planet – Protecting Our Global Playground
- People – United in Shared Well-being and Adventure
- Product – Redefining Sustainable Performance
- Business Fundamentals – Driving High Standards
- Inclusion, Diversity, and Engagement
- Sustainable Product Mindset
- Social Impact
- Carbon Emissions
- Supply Chain
For all the details, download the full 2022 Sustainability Report here.