Rheem® recognized as eco-leader for sixth consecutive year
August 4, 2023
ATLANTA, Aug. 3, 2023 – Rheem®, a leading
global manufacturer of water heating and HVAC products,
was named an Eco-Leader for the sixth year in a row by the editorial team at Green
Builder magazine, a leading media company focused on green building and
sustainable development.
“We are proud to celebrate yet another honor for our sustainability
leadership. Receiving this award six years in a row affirms that Rheem’s
unwavering commitment to environmental stewardship and global decarbonization
is for the long-term,” said Rheem President and CEO Chris Peel. “The mission
begins with us, but we are amplifying our impact in our communities, with our
customers, tradespeople, government partners and end users. Together, our
passion for a healthy planet will build a better world for future generations.”
This year’s award criteria focused on responsible leadership, with
companies selected for achievements in environmental stewardship, social
responsibility and corporate governance. Rheem exceeded criteria on every front
through its commitment to key initiatives, such as:
Environmental
Stewardship: Avoiding 23.56+ million metric tons* of carbon dioxide equivalent emissions
to date through the sale of higher-efficiency Rheem products—a climate impact
equal to taking more than five million cars off the road for a year. Rheem was
also the first in the US to introduce 120-volt plug-in heat pump water
heaters that make switching from gas to heat pump technology easier than ever. Additionally,
Rheem is making progress toward its goals to reduce greenhouse gas emissions from
its operations by 50% and achieve Zero Waste to Landfill, including diverting
over 40,000 metric tons of waste in 2022.
Social Responsibility: Advancing the adoption of sustainable
heating, cooling and water heating products by empowering and training partners
in the trade. Rheem has built a pipeline of skilled labor and trained more than
350,000 global plumbers, contractors and key influencers on sustainable
products or sustainable installation and recycling best practices.
Corporate
Governance: Driving change in the industry to make a lasting impact on the
environment. Rheem prioritizes sustainability in government affairs and partners
with legislators and advocates around the world to promote sustainable,
equitable policy.
To learn more
about Rheem’s sustainability mission, visit www.rheem.com/sustainability. Additionally,
comprehensive updates on Rheem’s A Greater
Degree of Good™ efforts are provided annually in Rheem’s Sustainability
Progress Report, available at www.rheem.com/progress.
About Rheem®
Founded in
1925, Rheem Manufacturing is a global leader committed to delivering innovative
products that save energy and support a more sustainable future. Rheem is the
only manufacturer in the world that produces heating, cooling, water heating,
pool & spa heating and commercial refrigeration products, and is America’s
#1 water-heating brand with products available in more than 80 countries.
Paloma Co., Ltd. of Nagoya, Japan, acquired the iconic Rheem brand in 1988, and
today the company’s portfolio of premium brands include Rheem®, Ruud®,
Friedrich®, Raypak®, Sure Comfort®, WeatherKing®, Eemax®, Richmond®, IBC™,
Intergas®, Splendid®, Solahart®, EverHot®, and MHG™, as well as commercial
refrigeration brands Russell®, Witt®, ColdZone® and Kramer®, which are part of
the Heat Transfer Products Group (HTPG®) division.
*For
additional information on calculation methodology, visit www.rheem.com/productsustainability.
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