Acuity Brands Releases 2022 ESG Report

(PRESS RELEASE) ATLANTA — Acuity Brands, Inc. (NYSE: AYI) (“Acuity”), a market-leading industrial technology company released its fourth annual EarthLIGHT Report on its Fiscal Year 2022 Environmental, Social, and Governance (ESG) accomplishments, announcing its new ESG targets, and sharing progress on its ongoing initiatives.

“Our businesses develop technology that can help save our customers energy and reduce their carbon emissions,” said Neil M. Ashe, Chairman, President and Chief Executive Officer of Acuity Brands. “I am proud of our Fiscal 2022 ESG results and pleased to share our progress in our EarthLIGHT report.”

Additionally, today, Acuity announced its commitment to achieving Net Zero by 2040. To achieve Net Zero, Acuity plans to work with the Science-Based Targets Initiative (SBTi) to establish new interim targets to further reduce its Scope 1, 2, and 3 carbon emissions.

“We are positioned at the intersection of sustainability and technology so that we can capitalize on two mega-trends — minimizing the impacts of climate change and maximizing the impacts of technology,” said Ashe. “Today, Acuity has also signed The Climate Pledge as part of our ambitious goal of achieving Net Zero emissions by 2040. We expect that our progress will have many benefits for our associates, customers, and the communities in which we live and work.”

Key Accomplishments in the 2022 EarthLIGHT Report:

• Acuity’s plans to achieve carbon neutrality by 2040 by continued innovation in its energy-efficient products and technologies, increased efficiency and use of renewable energy in its operations, and other activities.
• Acuity’s progress on its goal of avoiding 100 million metric tons of carbon emissions, as a result of its projected 2020-2030 sales of products and services replacing older technologies.
• Enhancements to Acuity’s Environmental Health & Safety (EHS) program.
• Advancements in Acuity’s Diversity, Equity and Inclusion (DEI) strategy and further evolution of the Company’s values-driven culture.
• Introduction of solutions such as the new sustainability and ESG reporting features of Atrius® Building Insights.
• Continued advancement of Acuity’s governance practices.

For more information and to download a copy of the Fiscal 2022 EarthLIGHT report, click here.

About Acuity Brands

Acuity Brands, Inc. (NYSE: AYI) is a market-leading industrial technology company. We use technology to solve problems in spaces and light, and more things to come. Through our two business segments, Acuity Brands Lighting and Lighting Controls (ABL) and the Intelligent Spaces Group (ISG), we design, manufacture, and bring to market products and services that make a valuable difference in people’s lives.

We achieve growth through the development of innovative new products and services, including lighting, lighting controls, building management systems, and location-aware applications. We achieve customer-focused efficiencies that allow us to increase market share and deliver superior returns. We look to aggressively deploy capital to grow the business and to enter attractive new verticals.

Acuity Brands, Inc. is based in Atlanta, Georgia, with operations across North America, Europe, and Asia. The Company is powered by more than 13,000 dedicated and talented associates. Visit us at www.acuitybrands.com.