Beacon Releases Annual Corporate Social Responsibility Report

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05/31/2024 - 09:00 AM

Demonstrates impact of company values on Ambition 2025

HERNDON, Va.--(BUSINESS WIRE)-- Beacon (Nasdaq: BECN) (the “Company”) announced today that it has released its 2023 Corporate Social Responsibility (CSR) Report. This year’s report demonstrates our commitment to action and transparency on important environmental and social topics driven by the Company’s values.

“The past year has been a time of growth for Beacon, not only in terms of our geographic footprint and service offerings, but also in our determination to build better for our stakeholders. Our 2023 CSR Report highlights that a strong, values-based culture is not only the outcome of our Ambition 2025, but also a part of what makes the execution of this strategy possible,” said Julian Francis, Beacon’s President and CEO. “By Putting People First, Making Every Day Safer, and Doing the Right Thing for our team members, the environment, and our communities we are building a winning culture and progressing on our CSR journey.”

In this year’s report we proudly:

Environmental

Social

Report three years of progress towards our goal of halving our emissions intensity by 2030
Outline our scope 1 and 2 greenhouse gas emissions and our efforts to reduce those emissions by investing in renewable energy
Disclose environmental footprint metrics, including: waste, waste-diversion, energy usage, and fuel consumption
Add disclosures informed by the Sustainability Accounting Standards Board (SASB) Multiline and Specialty Retail and Distributors Standard

Share our People First Policy where we commit to fostering a culture with deep respect for the human rights of all individuals
Explain investments in our employees and communities to help them reach their full potential
Detail improving safety performance data over the previous four-year period
Discuss how our governance structure upholds integrity, accountability, and transparency across all aspects of our business

The Company’s full 2023 CSR Report is available at: becn.com/csr-report

About Beacon

Founded in 1928, Beacon is a Fortune 500, publicly-traded specialty distributor of building products, including roofing materials and complementary products, such as siding and waterproofing. The company operates over 550 branches throughout all 50 states in the U.S. and 7 provinces in Canada. Beacon serves an extensive base of nearly 100,000 customers, utilizing its vast branch network and diverse service offerings to provide high-quality products and support throughout the entire business lifecycle. Beacon offers its own private label brand, TRI-BUILT®, and has a proprietary digital account management suite, Beacon PRO+, which allows customers to manage their businesses online. Beacon’s stock is traded on the Nasdaq Global Select Market under the ticker symbol BECN. To learn more about Beacon, please visit www.becn.com.