Polaris Publishes 2024 Geared For Good Report
Rhea-AI Summary
Polaris (NYSE: PII) has released its 2024 Geared For Good Report, highlighting the company's achievements across four key pillars. Under THINK PRODUCT, Polaris launched new products including the Indian Scout and 2025 RANGER lineup, with the RANGER Kinetic Pro XD receiving multiple industry awards. The THINK PRODUCTION initiative saw significant environmental progress, with their Wyoming facility achieving 90% waste diversion from landfills, meeting their 2035 goal early. A new paint system in Roseau reduced CO2e emissions by 452 metric tonnes.
Through THINK PLACES, Polaris awarded grants for trail enhancement projects and donated $220,000 in TRAILS GRANTS. Under THINK PEOPLE, the company achieved its lowest-ever Total Recordable Incident Rate of 0.30 and provided over $6.4 million in community support through various donation programs.
Positive
- Achieved 90% waste diversion from landfills at Wyoming facility, reaching 2035 goal ahead of schedule
- New paint system implementation reduced CO2e emissions by 452 metric tonnes
- Achieved lowest Total Recordable Incident Rate (0.30) in company history
- Provided $6.4 million in community support through various donation programs
- Multiple industry awards for RANGER Kinetic Pro XD product line
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, PII gained 1.55%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
"Doing business the right way and showing up for our people, riders, dealers and the communities where we operate has been a part of how we've operated since our founding," said Pam Kermisch, Chief Customer Growth Officer and Corporate Responsibility Committee Chair at
Built upon four pillars—THINK PRODUCT, THINK PRODUCTION, THINK PLACES, and THINK PEOPLE—
- THINK PRODUCT: As part of its commitment to designing products and technologies with a focus on customer satisfaction, safety and environmental impact, Polaris released the next generation of the Indian Scout, 2025 RANGER lineup, Klim Freeride Helmet and Hurricane SunDeck 3200, and Bennington's Vivid UX Digital Display. Additionally,
Polaris was recognized for best-in-class innovation in 2024: RANGER Kinetic Pro XD featured on Construction Equipment's Top 100 New Products, Dirt Wheels Magazine's Top Electric UTVs list, and Green Industry Pro's Editor Choice Award. Polaris RANGER 1000 Premium named Best of Fun by Men's Health Outdoor Awards. - THINK PRODUCTION: Through its ongoing efforts to reduce the environmental impact of its operations, Polaris reached
90% waste diversion from landfills at ourWyoming, Minnesota facility – achieving our 2035 goal. Additionally, a new liquid paint system was implemented at Polaris Roseau, decreasing natural gas usage by 83,026 therms and avoiding 452 metric tonnes of CO2e emissions. - THINK PLACES: Polaris takes action to positively impact land and water through stewardship and responsible riding. In 2024,
Polaris awarded two grants through NFF's Polaris Fund for Outdoor Recreation to support trail enhancement projects in Sam Houston National Forest inTexas and Tonto National Park inArizona .Polaris also donated in TRAILS GRANTS to support trail stewardship and rider education efforts across$220,000 the United States andCanada . - THINK PEOPLE: Polaris puts employees, customers, dealers and communities at the center of its business. In 2024 Polaris achieved its lowest Total Recordable Incident Rate (TRIR) on record in company history for the second consecutive year — 0.30. The company also provided more than
to organizations and local communities in 2024 through corporate donations, Foundation grants, corporate matches of employee donations and vehicle donations.$6.4 million
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About
As the global leader in powersports, Polaris Inc. (NYSE: PII) pioneers product breakthroughs and enriching experiences and services that have invited people to discover the joy of being outdoors since our founding in 1954.
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SOURCE Polaris Inc.