Polaris Launches its 2023 Geared For Good Report

May 16, 2024 | blog

Polaris (NYSE:) continues to behave as a steward for its workers, riders, communities and the outside  

MINNEAPOLIS, May 16, 2024 /PRNewswire/ — Polaris Inc. (NYSE: PII) right this moment launched its 2023 Geared For Good Report detailing Polaris’ continued deal with working in a accountable method to assist its  workers, riders, communities the place it operates  and within the outside.

“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,” mentioned 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 4 foundational pillars: THINK PRODUCT, THINK PRODUCTION, THINK PLACES and THINK PEOPLE.   Among the initiatives and progress shared within the report, key highlights embrace:

  • THINK PRODUCT: As a part of its dedication to designing merchandise and applied sciences with a deal with buyer satisfaction, security and environmental impression, Polaris launched new merchandise together with the Polaris XPEDITION, RANGER XD 1500, Lock & Ride Max, 509 Delta V Commander Helmet and extra all designed to assist improve how riders work or play outside. Rider security is a precedence, with high quality and security on 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 (BIT:) 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 (NASDAQ:) 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 firm additionally supplied greater than $5.5 million to organizations and native communities, together with investments in 4-H and the Progressive Agriculture Foundation Partnership to assist advance protected using practices amongst younger riders.

To be taught extra about Polaris’ dedication to its environmental targets and progress made in 2023, please go to the  2023 Geared For Good Report.

 About Polaris
As the worldwide chief in powersports, Polaris Inc. (NYSE: PII) pioneers product breakthroughs and enriching experiences and companies which have invited folks to find the enjoyment of being outside since our founding in 1954. Polaris’ high-quality product line-up contains the RANGER, RZR, Polaris XPEDITION, and GENERAL side-by-side off-road automobiles; Sportsman all-terrain off-road automobiles; army and business off-road automobiles; snowmobiles; Indian Motorcycle mid-size and heavyweight bikes; Slingshot moto-roadsters; Aixam quadricycles; Goupil electrical automobiles; and pontoon and deck boats, together with industry-leading Bennington pontoons. Polaris enhances the using expertise with a strong portfolio of components, clothes, and equipment. Headquartered in Minnesota, Polaris serves practically 100 international locations throughout the globe.


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