Valvoline Inc. Releases Its Fiscal Year 2024 Impact Report
Rhea-AI Summary
Valvoline Inc. (NYSE: VVV), a leader in automotive maintenance, has released its 2024 fiscal year Impact Report, showcasing significant environmental, social, and governance achievements. The company, which operates over 2,000 service centers across the US and Canada, highlighted several key accomplishments including becoming an EPA Green Power Partner and launching its new community impact platform, "Happy to Help."
Under CEO Lori Flees' leadership, Valvoline achieved record-breaking fundraising for Children's Miracle Network Hospitals and expanded its service network, now completing over 28 million services annually. The report, prepared according to GRI Standards and SASB principles, details the company's progress in renewable energy adoption, community involvement, and employee development initiatives.
Positive
- Recognition as EPA Green Power Top 30 Retail Partner for renewable energy initiatives
- Milestone achievement of 2,000th store opening
- Record-breaking fundraising year for Children's Miracle Network Hospitals
- System-wide growth to 28 million annual services across locations
Negative
- None.
News Market Reaction – VVV
On the day this news was published, VVV declined 1.63%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
"Our fiscal year 2024 Impact Report reflects the progress we've made—and the people who made it possible," said Valvoline Inc. President and CEO Lori Flees. "From another record-breaking fundraising year for Children's Miracle Network Hospitals to welcoming new franchise partners and opening our 2000th store, I'm proud of the impact we made across
Highlights from the company include:
- Becoming an EPA Green Power Partner and being named a Top 30 Retail Partner, highlighting company efforts to increase its voluntary use of renewable energy.
- Launching Happy to Help, Valvoline Inc.'s new community impact platform focused on youth health and mental well-being. The company also achieved another record year in donations to its national non-profit partner, Children's Miracle Network® Hospitals.
- Expanding professional growth and development opportunities for Valvoline Inc. service center employees as the company expands its growing network of stores in the
U.S. andCanada .
Click here to read Valvoline Inc.'s complete Impact Report, which covers the company's 2024 fiscal year (October 1, 2023 through September 30, 2024). The report has been prepared in accordance with the Global Reporting Initiative (GRI) Standards and is also aligned to general principles of the Sustainability Accounting Standards Board (SASB) for Multiline and Specialty Retailers & Distributors.
Valvoline Inc.
Valvoline Inc. (NYSE: VVV) delivers quick, easy, trusted service at more than 2,000 franchised and company-operated service centers across
™ Trademark, Valvoline Inc., or its subsidiaries, registered in various countries
® Registered trademark owned by a third party
For Further Information
Investor Inquiries
Elizabeth B. Clevinger
+1 (859) 357-3155
IR@valvoline.com
Media Inquiries
Angela Davied
+1 (913) 302-0032
angela.davied@valvoline.com
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SOURCE Valvoline Inc.