2022 Highlights

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.

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

2022 Environmental Highlights

43% of overall lighting is LED

Measured Scope 1 and Scope 2 GHG Emissions Baseline

Reduced scrap from our Autocover production by about 60,000 lbs.

Cut material use in Steel Step production by about 700,000 lbs.

Cut amount of pigment used during fiberglass production by about 120,000 lbs.

Social

25,000+

hours of health and safety training completed in 2022

50%

of Latham's workforce is underrepresented minorities

drop in Lost-Time Incident Rate (LTIR) in 2022

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

Governance

66%

Independent Board members

98%

compliance training completion rate

5,000

hours of mandatory compliance training completed in 2022

24/7