NewAge Industries, Inc., a leading designer and manufacturer of fluid transfer solutions for high-purity and industrial markets, has announced the availability of its 2023 Sustainability Report, marking the company's first public disclosure of its sustainability initiatives. The report provides insight into NewAge's robust sustainability program, covering the three key areas of environmental, social, and governance (ESG) practices.
The report summarizes NewAge's focus on sustainability, including environmental stewardship, team member empowerment, and sustainable governance. The company has long embraced sustainable practices, such as forming an Employee Stock Ownership Plan (ESOP) in 2006 and installing its first solar panel array in 2011. Mary Marcus, Interim CEO of NewAge, stated, "The release of this comprehensive report reaffirms our commitment to the key areas comprising sustainability. Since our inception, NewAge has embraced sustainable practices in all the key areas, laying the foundation of who we are as an organization."
By publicly sharing its practices, NewAge highlights its dedication to transparency and continuous improvement. The report is accessible online in the About Us – Green Initiatives section of the company's websites, newageindustries.com and advantapure.com. A printed version is available upon request.
The release of this report comes at a time when stakeholders increasingly demand accountability and sustainable practices from corporations. For NewAge, the report not only showcases its historical commitment but also sets a benchmark for future goals. The company's early adoption of ESG principles, including the ESOP and solar energy, demonstrates a long-term vision that aligns with global sustainability trends. This report solidifies NewAge's position as a leader in sustainability within the fluid transfer industry, potentially influencing peers and customers to adopt similar practices.
