Polaris
continues to act as a steward for its employees, riders,
communities and the outdoors
MINNEAPOLIS, May 16, 2024
/PRNewswire/ -- Polaris Inc. (NYSE: PII) today released its 2023
Geared For Good Report detailing Polaris' continued focus on operating in a
responsible manner to support its employees, riders,
communities where it operates and in the outdoors.
"As a part of Polaris' mission
to deliver great experiences for everyone who works or plays
outdoors, we believe in being good stewards and operating in a way
that helps support positive outdoor experiences for years to come,"
said Mike Speetzen, Chief Executive
Officer at Polaris. "From
promoting safe and responsible riding, to reducing the
environmental footprint of our operations to partnerships with The
National Forest Foundation or supporting our local communities, our
THINK OUTSIDE mindset extends beyond our products. We are
proud of the progress made in our four Geared For Good efforts and
our contributions to helping more people get outside."
Polaris' Geared For Good
framework rests on four foundational pillars: THINK PRODUCT, THINK
PRODUCTION, THINK PLACES and THINK PEOPLE. Among the
initiatives and progress shared in the report, key highlights
include:
- THINK PRODUCT: As part of its commitment to designing products
and technologies with a focus on customer satisfaction, safety and
environmental impact, Polaris
introduced new products including the Polaris XPEDITION, RANGER XD
1500, Lock & Ride Max, 509 Delta V Commander Helmet and more
all designed to help enhance how riders work or play outdoors.
Rider safety is a priority, with quality and safety at the core –
from how products are design to sourcing materials, to
manufacturing processes and shipment approach.
- THINK PRODUCTION: Through its ongoing efforts to reduce the
environmental impact of its operations, seven of Polaris' U.S. based locations achieved 50001
Readiness designation from the U.S. Department of Energy.
Additionally, Polaris signed its
first virtual power purchase agreement with Enel North America. Through this agreement
Polaris will purchase the
electricity and associated renewable energy certificates generated
by a 22-megawat portion of Ener's Fence Post and solar storage
project in Navarro Country, Texas,
offsetting approximately 40% of Polaris' U.S. electrical use.
- THINK PLACES: Polaris takes
action to positively impact land and water through stewardship and
responsible riding. In 2023, Polaris developed a first-of-its-kind off-road
EV charging network in the Upper Peninsula of Michigan in partnership with a Mobility
Public-Private Partnership and Programming grant from the
State of Michigan. This network of
four rural charging stations with 16 chargers across four charging
stations, extends the range for electric off-road products, such as
the new RANGER XP Kinetic that is available for local riders to
experience through Polaris Adventures Outfitter Hamilton's North
Coast Adventures. Polaris also
donated nearly $225,000 to support
trail stewardship and rider education efforts across the United States and Canada through its TRAILS GRANTS program.
- THINK PEOPLE: Polaris puts
employees, customers, dealers and communities at the center of its
business. In 2023, Polaris
achieved our lowest Total Recordable Incident Rate (TRIR) on record
in company history — 0.46. The company also provided more than
$5.5 million to organizations and
local communities, including investments in 4-H and the Progressive
Agriculture Foundation Partnership to help advance safe riding
practices among young riders.
To learn more about Polaris'
commitment to its environmental goals and progress made in 2023,
please visit the 2023 Geared For Good Report.
About Polaris
As the global leader in
powersports, Polaris Inc. (NYSE: PII) pioneers product
breakthroughs and enriching experiences and services that have
invited people to discover the joy of being outdoors since our
founding in 1954. Polaris'
high-quality product line-up includes the RANGER, RZR, Polaris
XPEDITION, and GENERAL side-by-side off-road vehicles; Sportsman
all-terrain off-road vehicles; military and commercial off-road
vehicles; snowmobiles; Indian Motorcycle mid-size and heavyweight
motorcycles; Slingshot moto-roadsters; Aixam quadricycles; Goupil
electric vehicles; and pontoon and deck boats, including
industry-leading Bennington pontoons. Polaris enhances the riding experience with a
robust portfolio of parts, garments, and accessories. Headquartered
in Minnesota, Polaris serves nearly 100 countries across the
globe. www.polaris.com
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SOURCE Polaris Inc.