SPX Introduces Seventh Annual Sustainability Report

Rhea-AI Summary

SPX Technologies (NYSE:SPXC) has released its seventh annual sustainability report for 2023, now available on their website. President and CEO Gene Lowe highlighted the company's progress in sustainability, emphasizing its role in their value creation framework and strategic planning process.

Key achievements include:

• Introduction of new climate-conscious solutions for customers
• Further reduction in greenhouse gas intensity, ahead of schedule

The report underscores SPX Technologies' commitment to sustainability as a core component of their business strategy and showcases their ongoing efforts to improve environmental performance while delivering innovative solutions to customers.

CHARLOTTE, N.C., Sept. 30, 2024 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) announced today that its seventh annual sustainability report with data covering 2023 is available on the company’s website at (https://www.spx.com/our-company/sustainability-reporting/).

Gene Lowe, President and CEO of SPX Technologies commented, “I am pleased to present our latest sustainability report, sharing another year of progress. Sustainability is a key component of our value creation framework, and is embedded into our business system and strategic planning process. Over the past year, we have made considerable progress on our key sustainability initiatives, including the introduction of several new climate conscious solutions for our customers, and a further reduction in our greenhouse gas intensity, where we are ahead of schedule.”

About SPX Technologies, Inc.: SPX Technologies, Inc. is a diversified, global supplier of highly engineered products and technologies, holding leadership positions in the HVAC and detection and measurement markets. Based in Charlotte, North Carolina, SPX has more than 4,100 employees in 15 countries. SPX is listed on the New York Stock Exchange under the ticker symbol “SPXC.” For more information, please visit www.spx.com.

Investor and Media Contacts:

Paul Clegg, VP, Investor Relations and Communications
Phone: 980-474-3806
E-mail: spx.investor@spx.com

SOURCE SPX Technologies, Inc.

FAQ

What did SPX Technologies (SPXC) announce on September 30, 2024?

SPX Technologies (SPXC) announced the release of its seventh annual sustainability report, covering data from 2023, on September 30, 2024.

Where can investors find SPX Technologies' (SPXC) 2023 sustainability report?

Investors can find SPX Technologies' (SPXC) 2023 sustainability report on the company's website at https://www.spx.com/our-company/sustainability-reporting/.

What progress has SPX Technologies (SPXC) made in sustainability according to their 2023 report?

SPX Technologies (SPXC) has made progress by introducing new climate-conscious solutions for customers and further reducing their greenhouse gas intensity, which is ahead of schedule.

How does SPX Technologies (SPXC) integrate sustainability into their business strategy?

SPX Technologies (SPXC) integrates sustainability as a key component of their value creation framework, embedding it into their business system and strategic planning process.