Strong oversight of ESG

As a leading global manufacturer of inground swimming pools, our ambition is to lead the way towards a more sustainable future for our industry. To that end, we are striving to mature our approach to ESG within our business.

To do this, we have worked with independent consultants to assess our ESG performance, benchmark our efforts against our competitors and support us in establishing a comprehensive strategy to manage ESG risks and opportunities effectively. The drive towards greater sustainability will be an ongoing journey for us. We will monitor our ESG performance and always look for ways to improve.

This ESG hub and our ESG report are part of our effort to demonstrate our commitment to our ESG ambitions through regular updates. To ensure we follow best practice, we have referenced globally recognized reporting frameworks, including the Sustainability Accounting Standards Board (SASB) and Global Reporting Initiative (GRI) reporting standards.

Sustainability and Governance

Environmental

Consistent use of Autocovers results in:

90%
reduction in evaporation
70%
reduction in pool heating costs
70%
reduction in chemical use
50%
reduction in electricity cost

2023 Environmental Highlights

0 wastewater produced in manufacturing
48% of overall lighting is LED
Measured scope 1 and 2 GHG Emissions for second year.
Recycled 2,863 tons of scrap vinyl, 83 tons of plastic regrind, 784 tons of galvanized steel, and 4 tons of aluminum
50% reduction of waste from fiberglass pool production compared to 2022
Social

Social

25,000+
hours of health and safety training completed in 2022
50%
of Latham's workforce is underrepresented minorities
6%
drop in Lost-Time Incident Rate (LTIR) in 2022
5%
drop in Total Case Incident Rate (TCIR) in 2022
22%
reduction in voluntary turnover rate in 2022
6.5
years employees' average length of service
100%
fiberglass pools in North America ICC-ES certified

Social Highlights

17% reduction in Total Case Incident Rate (TCIR) in 2023
3% reduction in Lost Time Cases (LTC) in 2023
25,000+ hours of health and safety training completed in 2023
33% of new US hires in 2023 were minorities (all genders)
33% of new US hires were female
20% increase on Employee Engagement Survey Participation from 2021 to 2023
6.5 year employee’s average length of service
Governance

Governance

66%
Independent Board members
98%
compliance training completion rate
5,000
hours of mandatory compliance training completed in 2022
24/7
anonymous whistleblower hotline available in several languages

Social Highlights

100% completion rate for ethics and compliance training programs in 2023
Five of eight independent directors, and fully independent Audit and Compensation Committees
24/7 anonymous whistleblower hotline available in several languages

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