NFI releases its Sustainability Report for 2024
NFI Group Inc. (OTC: NFYEF), a leader in bus and coach mobility solutions, has released its 2024 Sustainability Report highlighting the company's environmental, social, and operational achievements. The report, structured around NFI's Sustainability Pledge of "A Better Product. A Better Workplace. A Better World," reveals significant progress in sustainable transportation.
Key highlights include a record number of zero-emission bus deliveries, representing 23% of total deliveries, and a substantial $12.9 million investment in employee development with over 365,000 training hours. The company expanded its Community Benefits Framework across all subsidiaries and strengthened partnerships with United Way agencies across 21 North American communities.
NFI Group Inc. (OTC: NFYEF), leader nelle soluzioni di mobilità per autobus e pullman, ha pubblicato il suo Rapporto di Sostenibilità 2024 che evidenzia i risultati ambientali, sociali e operativi dell'azienda. Il rapporto, strutturato attorno all'impegno per la sostenibilità di NFI, "A Better Product. A Better Workplace. A Better World", mostra importanti progressi nel trasporto sostenibile.
I punti salienti includono un numero record di consegne di autobus a emissioni zero, pari al 23% delle consegne totali, e un consistente investimento di $12,9 milioni nello sviluppo dei dipendenti con oltre 365.000 ore di formazione. L'azienda ha esteso il suo Community Benefits Framework a tutte le controllate e ha rafforzato le collaborazioni con le agenzie United Way in 21 comunità del Nord America.
NFI Group Inc. (OTC: NFYEF), líder en soluciones de movilidad para autobuses y autocares, ha publicado su Informe de Sostenibilidad 2024 que destaca los logros ambientales, sociales y operativos de la compañía. El informe, estructurado en torno al compromiso de sostenibilidad de NFI, "Un mejor producto. Un mejor lugar de trabajo. Un mundo mejor", muestra avances significativos en el transporte sostenible.
Entre los puntos clave se encuentra un número récord de entregas de autobuses de cero emisiones, que representan el 23% del total de entregas, y una importante inversión de $12.9 millones en el desarrollo del personal con más de 365.000 horas de formación. La empresa amplió su Community Benefits Framework en todas las filiales y reforzó las alianzas con agencias United Way en 21 comunidades de Norteamérica.
NFI Group Inc. (OTC: NFYEF)는 버스 및 고속버스 모빌리티 솔루션의 선두 기업으로, 자사의 환경·사회·운영 성과를 담은 2024 지속가능성 보고서를 발표했습니다. 보고서는 NFI의 지속가능성 서약인 "A Better Product. A Better Workplace. A Better World."를 중심으로 구성되어 있으며, 지속 가능한 교통 분야에서의 의미 있는 진전을 공개합니다.
주요 내용으로는 총 납품의 23%를 차지하는 사상 최대의 무배출(제로 배출) 버스 납품 수과 직원 역량 강화를 위한 $12.9 million 규모의 투자, 그리고 365,000시간 이상의 교육 시간이 포함됩니다. 회사는 모든 자회사에 걸쳐 Community Benefits Framework를 확대했으며 북미 21개 커뮤니티에서 United Way 기관들과의 파트너십을 강화했습니다.
NFI Group Inc. (OTC: NFYEF), leader des solutions de mobilité pour bus et cars, a publié son Rapport sur la Durabilité 2024 mettant en lumière les réalisations environnementales, sociales et opérationnelles de l'entreprise. Le rapport, structuré autour de l'engagement de durabilité de NFI « A Better Product. A Better Workplace. A Better World », met en évidence des progrès significatifs dans le transport durable.
Parmi les points forts figurent un nombre record de livraisons d'autobus zéro émission, représentant 23 % des livraisons totales, et un investissement substantiel de 12,9 millions de dollars dans le développement des employés, avec plus de 365 000 heures de formation. L'entreprise a étendu son Community Benefits Framework à toutes ses filiales et renforcé ses partenariats avec les agences United Way dans 21 communautés nord-américaines.
NFI Group Inc. (OTC: NFYEF), ein führender Anbieter von Mobilitätslösungen für Busse und Reisebusse, hat seinen Nachhaltigkeitsbericht 2024 veröffentlicht, der die ökologischen, sozialen und operativen Leistungen des Unternehmens hervorhebt. Der Bericht, der um NFIs Nachhaltigkeitsversprechen "A Better Product. A Better Workplace. A Better World" strukturiert ist, dokumentiert deutliche Fortschritte im Bereich nachhaltiger Mobilität.
Zu den wichtigsten Punkten gehören eine rekordhohe Anzahl an Lieferungen von emissionsfreien Bussen, die 23 % der Gesamtlieferungen ausmachen, sowie eine umfassende Investition von $12,9 Millionen in die Mitarbeiterentwicklung mit über 365.000 Trainingsstunden. Das Unternehmen hat sein Community Benefits Framework auf alle Tochtergesellschaften ausgeweitet und die Partnerschaften mit United Way-Agenturen in 21 nordamerikanischen Gemeinden verstärkt.
- Record number of zero-emission bus (ZEB) deliveries, reaching 23% of total deliveries
- Investment of $12.9 million in employee career development with 365,000 training hours
- Expansion of Community Benefits Framework across all subsidiaries
- Partnerships with United Way agencies in 21 North American communities
- None.
WINNIPEG, Manitoba, Aug. 12, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI, or the Company) a recognized leader in propulsion-agnostic bus and coach mobility solutions, today released its Sustainability Report for 2024 (the Sustainability Report, or Report), which can be found at www.nfigroup.com/sustainability.
“At NFI, sustainability is more than a core value—it’s a guiding principle that shapes how we operate across our value chain.” said Janice Harper, Executive Vice President, People and Culture. “In 2024, our team took important steps in our sustainability journey, by working to strengthen environmental practices, support social initiatives, and enhance system resilience. We’re proud to share these efforts in the seventh edition of our annual Sustainability Report.”
NFI’s Sustainability Report offers an annual summary of our products and operations, including highlights of our sustainability initiatives, evolving priorities, and areas of impact. The Report focuses on the three main components of NFI’s Sustainability Pledge, “A Better Product. A Better Workplace. A Better World.” which guides the Company’s daily actions, long-term planning, and drives ongoing improvement.
A Better Product: In 2024, NFI expanded our diverse low- to zero-emission product and services portfolio, received a record number of new orders, and delivered its highest number of zero-emission buses (ZEBs) ever, accounting for
A Better Workplace: In 2024, we expanded our Community Benefits Framework across all subsidiaries to serve as a guiding framework for our hiring and workforce development efforts, while facilitating programs focused on unique community needs. We proudly invested
A Better World: NFI is proud to contribute to community well-being through Company and employee led programs, and in 2024, NFI continued to build on its partnership with United Way agencies, supporting 21 communities across North America.
“Sustainability is a strategic driver of our performance and long-term growth. By continuously improving how we innovate, operate, and engage across our value chain, we aim to strengthen our business and contribute meaningful value to our people, our communities, and the environment,” said Paul Soubry, President and Chief Executive Officer, NFI. “Our purpose is to Move People and that begins with prioritizing the safety, health, and success of our team to deliver dependable, high-quality products and services.”
To develop this Report, NFI consulted with a broad range of internal and external stakeholders on regional and global levels, including key internal departments, customers, suppliers, investors, creditors, and community partners with the aim of presenting a clear and balanced disclosure of NFI’s sustainability activities and performance identified most relevant to NFI and its stakeholders. This Report has been reviewed and published with the approval of NFI’s senior executives, NFI’s Sustainability Council, and the Board of Directors. The performance data within has been validated by internal management and is to certain jurisdictional regulatory authorities in such form as is required by such authorities.
About NFI
Leveraging 450 years of combined experience, NFI offers a wide range of propulsion agnostic bus and coach platforms, including market leading electric models. Through its low- and zero-emission buses and coaches, infrastructure, and technology, NFI meets today’s urban demands for scalable smart mobility solutions. Together, NFI is enabling more livable cities through connected, clean, and sustainable transportation.
With nearly 9,000 team members in ten countries, NFI is a leading global bus manufacturer of mass mobility solutions under the brands New Flyer® (heavy-duty transit buses), MCI® (motorcoaches), Alexander Dennis Limited (single- and double-deck buses), Plaxton (motorcoaches), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts™. NFI currently offers the widest range of sustainable drive systems available, including zero-emission electric (trolley, battery, and fuel cell), natural gas, electric hybrid, and clean diesel. In total, NFI supports its installed base of over 100,000 buses and coaches around the world. NFI’s common shares trade on the Toronto Stock Exchange (TSX) under the symbol NFI and its convertible unsecured debentures trade on the TSX under the symbol NFI.DB. News and information is available at www.nfigroup.com, www.newflyer.com, www.mcicoach.com, nfi.parts, www.alexander-dennis.com, arbocsv.com, and carfaircomposites.com.
Forward-Looking Statement
This Report contains “forward-looking information” and “forward-looking statements”, within the meaning of applicable Canadian securities laws, which reflect the expectations of management regarding the Company’s future growth, financial and operational performance and objectives and the Company’s vision, strategic initiatives, plans, business prospects and opportunities, including the Company’s social, economic, environmental, and governance-related impacts and objectives. The forward-looking information in this Report is included to assist the Company’s stakeholders in understanding these matters. This information may not be appropriate for other purposes. The words “believes”, “views”, “anticipates”, “plans”, “expects”, “intends”, “projects”, “forecasts”, “estimates”, “guidance”, “goals”, “objectives”, “targets” and similar expressions such as “may”, “will”, “should”, “could”, “would” are intended to identify forward-looking statements. These forward-looking statements reflect management’s current expectations regarding future events and speak only as of the date of this Report (or as otherwise indicated). By their very nature, forward-looking statements require management to make assumptions and involve significant risks and uncertainties, should not be read as guarantees of future events, performance or results, and give rise to the possibility that management’s predictions, forecasts, projections, expectations, or conclusions will not prove to be accurate, that the assumptions may not be correct and that the Company’s future growth, financial and operational performance and objectives and the Company’s vision, strategic initiatives, plans, business prospects and opportunities, including the Company’s social, economic, environmental, and governance-related impacts and objectives, will not occur or be achieved. The Company cautions readers and investors not to place undue reliance on these forward-looking statements and information as a number of risk factors could cause the Company’s actual results to differ materially from the expectations expressed in such forward-looking statements. These factors – many of which are beyond the Company’s and management’s control and the effects of which are difficult to predict – include risks related to general economic and market factors; risks related to the Company’s business environment; risks related to the Company’s operations, strategy, financing, capital structure, tax, regulatory compliance, reputation, environmental and social risk; and the risks discussed in the “Risk Factors” section of the Company’s Annual Information Form and other disclosure documents filed with the Canadian securities regulatory authorities and available on SEDAR at www.sedarplus.ca. The Company cautions that the foregoing list of risk factors is not exhaustive and other factors could materially adversely affect the Company’s future growth, financial and operational performance and objectives and the Company’s vision, strategic initiatives, plans, business prospects and opportunities, including the Company’s social, economic, environmental, and governance-related impacts, and objectives. Except as required by law, the Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by the Company or on its behalf. The Company provides no assurance that forward-looking statements and information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.
For investor and media inquiries, please contact:
Stephen King
P: 204.792.1300
Stephen.King@nfigroup.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c6fe121e-1359-461a-8175-e45f14ffb9db
FAQ
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How many communities does NFI Group support through United Way partnerships?
