Employee creativity and innovation help drive progress on broad spectrum of ESG initiatives
WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. (NYSE:TREX), the world’s #1 brand of sustainably made, wood-alternative decking and railing – all proudly manufactured in the U.S.A. – and a leader in high-performance, low-maintenance outdoor living products, today published its 2022 Environmental, Social and Governance (ESG) report.
Trex simultaneously advanced its long-range growth strategy and sustainability initiatives, executed at a high level, and created value for customers, investors and other stakeholders.
“2022 was a dynamic year in which we effectively navigated challenging market conditions. While we were faced with these challenges, we upheld our commitment to long-term growth and sustainability, thanks to the dedication of our team and the quality of our products,” said Bryan Fairbanks, President and CEO. “Our focus on accelerating the consumer shift to Trex's 95% reclaimed and recycled product from wood decking has solidified our leadership position in the outdoor living category. Our success is not only driven by the quality and durability of our products, but also by their sustainability credentials.”
The company’s 2022 ESG report highlights how Trex continues to integrate sustainable thinking across all areas of the business advancing its most material ESG priorities. Highlights include:
“I am sincerely grateful to our employees and partners who have enthusiastically contributed to ensuring that Trex's success is founded on sustainable principles,” Fairbanks said. “Trex was founded on sustainable principles and continues to make sustainability a priority. We are committed to finding new ways to improve our ESG performance in the years to come.”
Learn more in the full 2022 Trex ESG Report and by visiting ESG@Trex.com.
About Trex Company
For more than 30 years, Trex Company [NYSE: TREX] has invented, reinvented and defined the composite decking category. Today, the company is the world’s #1 brand of sustainably made, wood-alternative decking and deck railing – all proudly manufactured in the U.S.A. – and a leader in high performance, low-maintenance outdoor living products. Trex boasts the industry’s strongest distribution network with products sold through more than 6,700 retail outlets across six continents. Through strategic licensing agreements, the company offers a comprehensive outdoor living portfolio that includes deck drainage, flashing tapes, LED lighting, outdoor kitchen components, pergolas, spiral stairs, fencing, lattice, cornhole and outdoor furniture – all marketed under the Trex® brand. Based in Winchester, Va., Trex is proud to have been named 2023 America’s Most Trusted® Decking Brand by Lifestory Research* and one of 2022’s 50 Best U.S. Manufacturers by Industry Week. For more information, visit Trex.com. You may also follow Trex on Facebook (trexcompany), Instagram (trexcompany), Twitter (Trex_Company), LinkedIn (trex-company), TikTok (trexcompany), Pinterest (trexcompany) and Houzz (trex-company-inc), or view product and demonstration videos on the brand’s YouTube channel (TheTrexCo).
*2023 DISCLAIMER: Trex received the highest numerical score in the proprietary Lifestory Research 2023 America’s Most Trusted® Outdoor Decking study. Study results are based on experiences and perceptions of people surveyed. Your experiences may vary. Visit www.lifestoryresearch.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230628565014/en/
S. Leslie Adkins Vice President, Marketing and ESG Development 540-542-6300 Lynn Morgen/Viktoriia Nakhla AdvisIRy Partners 212-750-5800
Source: Trex Company, Inc.