ASIAN GOLF INDUSTRY FEDERATION

Toro Releases 2022 Sustainability Report

Bloomington, Minneapolis, United States: The Toro Company (TTC) has released its Sustainability Report for fiscal 2022, highlighting progress made in support of its strategic priorities, advancements in new technologies, and efforts to foster a more diverse, equitable and inclusive workplace.

The report also details the results of a materiality assessment conducted in 2022 to confirm the company’s environmental, social and governance (ESG) priorities and determine key areas of focus for the enterprise’s short and long-term sustainability journey. The full report can be found at www.thetorocompany.com/sustainability  

The commitment to advancing our sustainability goals and helping our stakeholders achieve theirs has never been stronger at The Toro Company,” said Richard Olson, Chairman and Chief Executive Officer at Toro, an Executive Member of the Asian Golf Industry Federation.

He added: “Sustainability is at the heart of how we innovate and is ingrained in our culture of investing in our people, serving our customers, and giving back to our communities.

“We are excited to share our progress and provide updates on the latest advancements in our sustainability journey. We continue to build momentum and aspire to keep driving meaningful change for our people and for our planet.”

Through its Sustainability Endures initiative, TTC strives to strengthen its environmental and societal commitments through its teams, solutions and operations to make outdoor environments more beautiful, productive and sustainable.

Comprised of four key pillars – People, Products, Process and Planning – this framework guides TTC’s strategic actions and performance goals to promote a future of sustainable innovation and growth. The report provides detailed progress and metrics related to the previously identified company goals:

  • Increase battery and hybrid product sales to at least 20 per cent of total adjusted net sales (motorised product sales) by 2025.
  • Reduce absolute Scope 1 and 2 greenhouse gas emissions by at least 15 per cent by 2025 as compared to 2019.
  • Increase the number of women and racial and ethnic minorities in leadership positions by at least 20 per cent by 2025 as compared to 2021.

Toro says it remains committed to accelerating profitable growth, achieving unmatched operational excellence, and empowering its people. The following are a few accomplishments and initiatives from 2022:

  • Launched first employee resource group, the Women’s Initiative Network, which provides an inclusive forum for support, mentorship, and development.
  • Administered environmental, health and safety training with a completion rate above 90 per cent of the company’s global manufacturing and distribution teams.
  • Established a new partnership with the Atlanta University Centre Consortium’s Dual Degree Engineering Programme to expand opportunities for black students to pursue careers in engineering.
  • Recognised for the eighth consecutive year by the US Environmental Protection Agency with a 2022 WaterSense Excellence Award for promoting water efficiency and conservation.
  • Introduced a new Supplier Excellence Programme, which classifies suppliers using selected criteria, including cost, quality, delivery and ESG performance to strengthen the resiliency of the supply chain.
  • Through the Land. Water. Thrive. initiative in partnership with iDE, employees across global locations brought their skills and expertise to Zambia to help address water challenges faced by local small-holder farmers and provide education on the benefits of sustainable drip irrigation to increase crop yields.
  • Expanded the Monitoring, Targeting and Reporting programme that measures energy, water use, and waste for all global manufacturing facilities, and established baseline metrics to guide reduction strategies.

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AGIF is a not for profit industry federation with members and partners involved in all facets of the golf industry throughout Asia to assist them to take the next step in development toward a sustainable industry.

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