Oshkosh Corporation Details Progress with 2021 Sustainability Report

OSHKOSH, Wisconsin, May 16, 2022–(BUSINESS WIRE)–Oshkosh Corporation (NYSE:OSK), a leading innovator of critical vehicles and essential equipment, released its ninth annual sustainability report, reinforcing the continued focus of the company on innovation, its commitment to sustainable business practices and building a better world.

Oshkosh Corporation’s sustainability strategy is guided by four key areas: empowering our people, developing innovative products, building communities and operating sustainably. Throughout 2021, the Company made positive progress across the board, including winning the United States Postal Service contract for the Next Generation Delivery Vehicle (NGDV), replacing its delivery truck fleet by new electric vehicles or low-emission internal combustion engines. Additionally, the company strengthened its engagement with the CEO Action for Diversity & Inclusion Coalition, dedicating time to its racial equity scholarship program, and made progress on critical sustainability goals.

“At Oshkosh Corporation, we are committed to people and our planet. We continue to strive for a more sustainable future by investing in our team members, our communities and advancing technology,” said Kevin Tubbs , Vice President of Oshkosh Corporation, Head of Ethics and Compliance. and responsible for sustainable development. “As we deliver zero-emission electrified products to our markets, give back to the communities where we live and work, and continue to focus on improving sustainable operations, we remain true to our commitment to innovate for a better world.”

Highlights from the sustainability report include:

  • Reduced normalized greenhouse gas emissions by more than 30% since 2014

  • Donate $1.9 million to local communities through the Oshkosh Corporation Foundation

  • Divert 83% of waste from landfill

  • Named one of the World’s Most Ethical Companies for the sixth consecutive year

In addition to being named one of the World’s Most Ethical Companies, Oshkosh Corporation is listed on the Dow Jones Sustainability World Index, has been repeatedly named one of Barrons “100 Most Sustainable Companies”, and is considered one of the world’s most admired companies by FORTUNE.

To learn more and access the Fiscal 2021 Sustainability Report, please click here: https://www.oshkoshcorp.com.

About Oshkosh Corporation

At Oshkosh (NYSE: OSK), we make innovative, essential gear to help everyday heroes move communities around the world forward. Based in Wisconsin, Oshkosh Corporation employs approximately 15,000 people worldwide, all united behind a common cause: making a difference in people’s lives. Oshkosh products are available in more than 150 countries under the JLG®, Pierce®, Oshkosh® Defense, McNeilus®, IMT®, Jerr-Dan®, Frontline™, Oshkosh® Airport Products, London™ and Pratt Miller brands. For more information, visit oshkoshcorp.com.

®, ™ All brand names mentioned in this press release are trademarks of Oshkosh Corporation or its subsidiary.

Forward-looking statements

This proxy statement contains statements that the Company considers to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial results, position, business strategy, objectives, projected sales, costs, profits, capital expenditures, debt levels and cash flows, and plans and management objectives for future operations, are forward-looking statements. When used in this proxy statement, words such as “may”, “shall”, “expect”, “intend”, “estimate”, “anticipate”, “believe” , “should”, “projects” or “plans” or the negative thereof or variations thereof or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond the control of the Company, which could cause actual results to differ materially. of those expressed or implied by such forward-looking statements. research statements. These factors include the extent of supply chain and logistics disruptions, particularly as demand rebounds from the effects of the COVID-19 pandemic; the Company’s ability to raise prices or impose surcharges to increase margins or to offset higher input costs, including increased raw material, labor and transportation costs ; the cyclical nature of the Company’s access, commercial and fire and emergency equipment markets, which are particularly impacted by the strength of the US and European economies and construction seasons; the company’s estimates of demand for access equipment which, among other factors, is influenced by historical customer purchasing patterns and rental companies’ fleet replacement strategies; the Company’s ability to attract production labor on a timely basis; the strength of the US dollar and its impact on the Company’s exports, foreign sales conversion and cost of materials purchased; the Company’s ability to predict the level and timing of orders for indefinite delivery/quantity contracts with the US federal government; risks related to government spending cuts in light of US defense budget pressures and an uncertain US Department of Defense (DoD) wheeled tactical vehicle strategy; the impact of any DoD solicitation for competition for future military vehicle production contracts; the impacts of budget constraints facing the USPS and ever-changing demands for postal services; the impact of severe weather events, natural disasters or pandemics that may affect the Company, its suppliers or its customers; risks related to debt collection, in particular for companies exposed to construction markets; the cost of any warranty campaign related to the Company’s products; risks associated with international operations and sales, including compliance with foreign corrupt practices law; the risks that a trade war and related tariffs could reduce the competitiveness of the Company’s products; the Company’s ability to comply with complex laws and regulations applicable to US government contractors; cybersecurity risks and the costs of defending against, mitigating and responding to threats and data security breaches affecting the Company; the Company’s ability to successfully identify, complete and integrate acquisitions and realize the anticipated benefits associated therewith; and risks related to the Company’s ability to successfully execute its strategic roadmap and achieve its long-term financial objectives. Additional information regarding these and other factors is contained in the Company’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K filed November 16, 2021. Not all forward-looking statements are as of the date of this document. . The Company assumes no obligation, and disclaims any obligation, to update the information contained herein. Investors should be aware that the Company may not update this information until the Company’s next quarterly earnings conference call, if at all.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220513005481/en/


patrick davidson
Senior Vice President, Investor Relations

Bryan Brandt
Senior Vice President, Marketing Director

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