FORT SMITH, Arche., September 27, 2021 / PRNewswire / – ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today announced the release of its ESG 2020 report. The report details the actions and progress of the company on all environmental, social initiatives and corporate governance and understands the company’s response to COVID-19.
Based on its mission to connect and have a positive impact on the world by solving logistical challenges, ArcBest is committed to operating responsibly and creating long-term value for its stakeholders. As highlighted in the report, this commitment is demonstrated by the company’s focus on advancing key priorities, including the environment, sustainable purchasing, human rights, ethics and engagement. community.
“As a leading logistics company, we believe it is our duty to conduct our business in a way that helps build a safer, more sustainable and more inclusive business and world. The ESG 2020 report shows great progress in these areas, even in the midst of a global pandemic, “mentioned Judy R. McReynolds, president of ArcBest, president and chief executive officer. “While we recognize that there is still work to be done to address the pressing challenges of the logistics industry, I am very proud of our employees and their continued commitment to moving these important initiatives forward. ”
The ESG 2020 report has been informed by inputs from leaders across the company and in consultation with the board’s nominating / corporate governance committee, ESG executive sponsors and the ESG committee. The company strives to adopt and align its ESG framework with relevant standards from the Sustainability Accounting Standards Board (SASB) to help identify business needs, while keeping its progress on track. It is also working with Institutional Shareholder Services (ISS) to conduct a materiality assessment, to be completed by the end of 2021, which will help define and prioritize ESG efforts more effectively.
ABOUT ARCBEST
ArcBest® (Nasdaq: ARCB) is a multi-billion dollar integrated logistics company that helps keep the global supply chain moving. Founded in 1923 and today with 14,000 employees across more than 250 campuses and service centers, the company is a logistics powerhouse, fueled by the simple notion of finding a way to get the job done. Through innovative thinking, agility and trust, ArcBest leverages its full suite of shipping and logistics solutions to meet critical customer needs, every day. For more information, visit arcb.com.
Media contact: Fall Mahar
E-mail: [email protected]
Telephone: 479-494-8221
SOURCE ArcBest
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