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CELEBRATING EARTH DAY, ADS SIGNS COMMITMENT TO SET SCIENCE BASED TARGETS FOR GREENHOUSE GAS EMISSIONS

CELEBRATING  EARTH  DAY,  ADS  SIGNS  COMMITMENT  TO SET SCIENCE BASED TARGETS FOR GREENHOUSE GAS EMISSIONS

Smoking chimneys of a coal fired power plant. Global warming. The problem of ecology.

Water Management Solutions Provider Targets 42% Reduction in Greenhouse Gas Emissions

HILLIARD, Ohio – Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS) today announced that in celebration of Earth Day, Scott Barbour, President and Chief Executive Officer signed a commitment to pursue Science Based Targets (SBTs) to reduce the Company’s greenhouse gas emissions.

“ADS’ commitment to reducing overall greenhouse gas emissions reflects the Company’s broader goal to continue making progress on environmental stewardship initiatives,” Barbour stated.  “We are proud to join the more than 2,000 businesses that are working with the Science Based Targets initiative to reduce emissions in line with climate science.  I believe this goal fits in perfectly with this year’s Earth Day theme of ‘Invest in our planet’.”

The Science Based Targets initiative is a partnership between the Carbon Disclosure Project, the United National Global Compact, World Resources Institute and the World Wide Fund for Nature.  This partnership is working to mobilize the private sector to limit global warming to 1.5°C and prevent the worst effects of climate change. More information can be found at https://sciencebasedtargets.org.

ADS is the second largest plastic recycler in North America, making the Company a natural leader in sustainability initiatives.  Today’s announcement is part of a broader set of 10-year sustainability goals the Company issued in January 2022, including a commitment to nearly double its consumption of recycled material to one billion pounds and implementing closed-loop water usage at all manufacturing locations.

“At ADS, our reason is water.  Our 10-year sustainability goals, highlight our continued commitment to sustainability, including reducing the impact of our energy footprint and safeguarding the land at our sites, while helping to manage the world’s most precious resource, water,” Barbour explained.

More about the company’s 10 Year sustainability goals can be found at: www.sustainability.ads-pipe.com/

Additional information about ADS can be found at:  www.adspipe.com