GMS Publishes 2023 Corporate Social Responsibility Report
August 28, 2023 at 11:17 am EDT
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GMS Inc. (NYSE: GMS), a leading North American specialty building products distributor, today published its inaugural Corporate Social Responsibility Report, outlining the many ways in which the Company is committed to supporting the communities and customers it serves, along with its suppliers and employees, through responsible environmental, social, and governance practices.
Highlights from the report include:
Reducing GMS's total recordable incident rate over the last two years; Establishing and disclosing Scope 1 and Scope 2 greenhouse gas emission baselines; Outlining the ways in which the Company supports its team members through its recruitment, engagement and development efforts; Adding first-of-their-kind battery powered hydraulic cranes to GMS's fleet and assessing its opportunities to increase its LED lighting usage.
'At GMS, we believe you can never go wrong doing the right thing,' said John C. Turner, Jr., President and Chief Executive Officer of GMS. 'Fostering an organization that operates ethically and responsibly is core to our success and the report published today highlights many of the positive ways we are impacting the communities we serve. We are committed to continuing to conduct business in a manner that aligns with our values, embodies responsible business practices, protects data used in our business, and supports our team.'
About GMS Inc.
Founded in 1971, GMS operates a network of more than 300 distribution centers with extensive product offerings of wallboard, ceilings, steel framing and complementary construction products. In addition, GMS operates over 100 tool sales, rental and service centers, providing a comprehensive selection of building products and solutions for its residential and commercial contractor customer base across the United States and Canada. The Company's unique operating model combines the benefits of a national platform and strategy with a local go-to-market focus, enabling GMS to generate significant economies of scale while maintaining high levels of customer service.
GMS Inc. is a specialty building products distributor. The Company, through its subsidiaries, operates a network of approximately 300 distribution centers with product offerings of wallboard, ceilings, steel framing, and complementary construction products. The Company also operates approximately 100 tool sales, rental, and service centers. Through these operations, the Company provides a selection of building products and solutions for its residential and commercial contractor customer base across the United States and Canada. It also provides automatic taping and finishing (ATF) tools and related products to the professional drywall finishing industry. The Company offers its customers complementary products, including tools and fasteners, insulation, external insulation and finishing systems (EIFS), stucco, lumber and other wood products, ready-mix joint compound, and safety products. The Company also distributes its products through e-commerce platforms.