GlobalData offers a comprehensive analysis of REV Group, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on REV Group’s ESG performance. GlobalData’s company profile on REV Group offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
REV Group, a leading designer and manufacturer of specialty vehicles, is committed to reducing its carbon emissions. In terms of carbon emissions, REV Group's 2022 Sustainability Report highlights the current emissions for each division. In the fiscal year 2022, the Fire & Emergency division recorded scope 1 emissions of 4,050 metric tons CO2e and scope 2 emissions of 9,260 metric tons CO2e. The Commercial division reported scope 1 emissions of 2,030 metric tons CO2e and scope 2 emissions of 2,350 metric tons CO2e. Similarly, the Recreation division disclosed scope 1 emissions of 4,940 metric tons CO2e and scope 2 emissions of 5,860 metric tons CO2e. The company's overall greenhouse gas emissions for 2022 comprised 11,023 metric tons CO2e in scope 1 and 17,470 metric tons CO2e in scope 2, totaling 28,493 metric tons CO2e.
REV Group has taken several steps to reduce its emissions and the company has made strategic operational changes and increased operational performance efficiencies, resulting in a reduction in emissions and energy consumption. They have also invested in alternative fuel solutions and participated in the CDP Climate Change and Forestry disclosures. The company is committed to reducing its operational impacts on climate change and expanding its metrics to focus on opportunities for emissions reductions within product types.
In conclusion, REV Group is actively working towards reducing its carbon emissions. The company has taken steps to improve operational efficiency and invest in alternative fuel solutions. By focusing on emissions reductions within product types, REV Group aims to become a leader in zero-emission technology in specialty vehicles.