Our 10-Year Goals
In Fiscal 2022, we were proud to announce ADS' 10-year goals. Our reason is water and so our 10-year goals are based on the tenants of our REASON tagline. Check out our progress toward reaching these goals in Fiscal 2025.
Our Reason is Water®
1 billion pounds recycled material used annually by 2032.
501 million pounds of recycled material purchased in Fiscal 2025.
Celebrated the Grand opening for the ADS Engineering and Technology Center in Hilliard, OH. This facility will help us find ways to incorporate additional recycled material in our products.
Continued to partner with The Recycling Partnership, whose goal is to fix the recycling system in the United States.
Reduce absolute GHG emissions through science-based targets in line with limiting global temperature risk to 1.5°C.
Scope 1 & 2 - 50.4% absolute reduction over Fiscal 2022 baseline
Scope 3, category 1 - 30% absolute reduction over Fiscal 2022 baseline
Signed the Science Based Targets initiative (SBTi) commitment letter on April 21, 2022.
Targets validated by SBTi in August 2024
Internally, we have developed a path to achieve these targets and will continue to report out on progress toward the goals.
Continued transparency in reporting annual progress toward 10-year goals.
Implementation of a supplier sustainability program to be a responsible and transparent corporate citizen.
Launched a supplier code of conduct in the first quarter of Fiscal 2024..
Became a signatory to the United Nations Global Compact in the first quarter of Fiscal 2024.
Increase focus on Culture and Engagement.
Continue supporting communities through the ADS Foundation.
Develop and foster community partnerships.
New disclosures on waste, landfill diversion and materials used in manufacturing.
Contributed $1.2 million to charitable organizations, including $0.7 million through the ADS Foundation.
Reduce Total Recordable Injury Rate (TRIR) to below 1.0 by Fiscal 2032.
Commit to Operation Clean Sweep.
Implement closed loop water usage at 100% of the Legacy ADS pipe manufacturing locations.
TRIR was 1.96, a 27% improvement from the Fiscal 2022 baseline of 2.7. We continue to focus on safety and lowering the TRIR.
Active member of Operation Clean Sweep.
100% of the legacy ADS pipe manufacturing facilities utilize closed loop water systems. We are currently evaluating the remaining manufacturing sites to evaluate the feasibility of utilizing closed loop water systems.
We will keep lines of communication open and transparent and will share news of our progress on a regular basis via the ADS website, investor communications and our annual sustainability report.
Published annual sustainability report.
The Lifecycle of a Raindrop
Our reason is water, and ADS provides stormwater management solutions that cover the lifecycle of a raindrop. From the moment that raindrop hits the ground until it is returned to the environment, the ADS stormwater management product portfolio is built around capturing, conveying, storing and treating before returning that raindrop back to the environment.
Materiality Assessment
We believe that ongoing stakeholder engagement is crucial to maintain a leading Sustainability program.
In Fiscal 2023, we completed a materiality assessment to further refine how our key stakeholders view the key issues that impact our business and confirm our goals are focused on areas most important to them. The results of the materiality assessment will provide an important foundation to inform future areas of focus.