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Perimeter Solutions(NYSE: PRM ), aleading global manufacturer of high-quality firefighting products andlubricant additives, today announced that it has issued its inauguralSustainability Accounting Standards Board (SASB) Standard Factsheet.The newly announced report provides insight into Perimeter Solutions’ multi-faceted approach toenhance, advance and regularly communicate its sustainability strategyand environmental, social and governance (ESG) performance. It isavailable to view online.
“Perimeter Solutionsis an innovative and evolving organization. In order to remainsuccessful, we realize the importance of embedding strongsustainability priorities within our business operations,” saysEdward Goldberg, CEO of Perimeter Solutions. “Over the past twoyears, our senior management team has worked to enhance our ESGstrategy to align with the broader transformation of our company.Publishing this Factsheet demonstrates our commitment to transparencyand accountability in our environmental, social and governanceperformance.”
Highlighted in the report are the three key tenets of PerimeterSolutions’ ESG strategy, which guide the company'ssustainability efforts:
- Environmental: PerimeterSolutions’ focus on environmental stewardship is integral to thework it does every day. Wildfire control products developed byPerimeter Solutions save tens of thousands of hectares of forest everyyear, helping these forests to continue to sequester carbon and reducethe amount of greenhouse gases released into the atmosphere. PerimeterSolutions fire safety products also require dramatically less water tobe effective, reducing the amount of water customers use whileprotecting a valuable natural resource. Internally, PerimeterSolutions has taken steps to increase recycling, made capitalinvestments to reduce the amount of energy used in its manufacturingprocess, and increased the use of e-records to reduce the Company’scarbon footprint.
- Social Impact: Perimeter Solutions iscommitted to providing equal employment opportunities. All recruiting,payment, performance, and promotion decisions are based on merit,without discrimination on the basis of gender, sexual orientation,age, family status, ethnic origin, nationality, disability, orreligious belief. Women represent approximately 19% of PerimeterSolutions’ total workforce. Members with diverse backgroundscomprise 33% of the Company’s Board. At the community level,Perimeter Solutions devoted 500,000 hours of dedicated service toforest fire remediation. The Company’s focused on contributing tothe creation of a better world through its strategic nonprofitpartnerships, volunteerism, and philanthropy.
- CorporateGovernance: Perimeter Solutions emphasizes a culture of accountabilityand conducts its business in a manner that is fair, ethical, andresponsible to earn the trust of its stakeholders. Perimeter Solutionshas corporate governance policies and structures in place to supportits culture of accountability and transparency. The Company continuesto focus on diversity and independence at the Board level and itscurrent Board includes a majority of independentdirectors.
ABOUT PERIMETER SOLUTIONS
Headquartered in St. Louis, Missouri,Perimeter Solutions (NYSE: PRM ) is a premierglobal solutions provider, producing high-quality firefightingproducts and lubricant additives. The company develops products thatimpact critically important issues of life – issues where thereoften is no room for error and the job doesn’t offer second chances.At Perimeter, we characterize the solutions we develop as ‘TrustedSolutions that Save’ – because it underscores what we are tryingto accomplish for our customers and the world at large. PerimeterSolutions produces major brands known throughout the world likePHOS-CHEK ® and FIRE-TROL ® retardant, foamconcentrates and gel products; AUXQUIMIA ® andSOLBERG ® firefighting foam concentrates; andBIOGEMA ® extinguishing agents and retardants. For moreinfo on how we use our experience, responsibility, and integrity todeliver trusted solutions that help improve firefighting performance,visit: www.perimeter-solutions.com .
Safe Harbor RegardingForward Looking Statements
This news release contains forward-lookingstatements within the meaning of Section 27A of the Securities Act of1933, as amended, and Section 21E of the Securities Exchange Act of1934, as amended.
Forward-looking statements are subject to risks, uncertaintiesand assumptions and are identified by words such as “expects,”“anticipates,” “believes,” “could,” “plans,”“goals,” “focus,” “seek,” ”may,” “will,”“should,” and other similar words. All statements addressingoperating performance, events, or developments that PerimeterSolutions expects or anticipates will occur in the future, includingbut not limited to implementing and achieving its environmental,social and governance strategies, initiatives and objectives, areforward-looking statements. Because they are forward-looking, theyshould be evaluated in light of important risk factors anduncertainties. These risk factors and uncertainties are more fullydescribed in Perimeter Solutions’ most recent Annual Report filedwith the Securities and Exchange Commission, included under theheading entitled “Risk Factors.”
Should one or more of these risks or uncertainties materializeor should any of Perimeter Solutions’ underlying assumptions proveincorrect, actual results may vary materially from those currentlyanticipated. In addition, undue reliance should not be placed onPerimeter Solutions’ forward-looking statements. Except as requiredby law, Perimeter Solutions disclaims any obligation to update orpublicly announce any revisions to any of the forward-lookingstatements contained in this news release.
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Dan Green
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http://www.perimeter-solutions.com/
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