THE SHYFT GROUP'S 2023 SUSTAINABILITY REPORT IS NOW AVAILABLE ONLINE

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At Shyft, we champion an environmentally sustainable future and are committed to advancing clean and green commercial transportation. This is a defining aspect of our business, and we strive for a future where our purpose-built technology and cross-brand collaboration fuel innovations that make transportation more eco-friendly and efficient on the road. We believe the transportation industry has a responsibility to create a more environmentally sustainable future for all, making environmental stewardship an integral focus for the Shyft Group.

Protecting the Environment

We believe the transportation industry has a responsibility to create a more environmentally sustainable future for all, making environmental stewardship an integral focus for the Shyft Group. Beyond simply complying with increased regulations and stricter environmental standards, we are committed to playing an active role in this industry transformation. Highlights of our environmental sustainability efforts and accomplishments include:

Environmental Stewardship Metrics*

9,607 T

total non-hazardous waste

123 T

total hazardous waste

13,021,272 G

total water-use

* Environmental statistics reflect firm-wide metrics from 2022

Greenhouse Gas Management

Shyft’s management team plays a crucial role in assessing and managing climate-related risks and opportunities. The company’s Chief Legal Officer has oversight of and is responsible for Shyft’s sustainability program, monitoring evolving climate-related risks and opportunities, and reporting to the Governance and Sustainability Committee on a quarterly basis. Together with the company’s CEO, the Sustainability Working Group is responsible for operationalizing sustainability initiatives that address climate-related issues throughout the company.

Supply Chain Management

As we work to reduce our own emissions, we are also realizing sustainability opportunities in our supply chain. Shyft is committed to providing high-quality, durable products that meet the needs of our customers. We partner with suppliers that share our core values. Through a proactive approach to supplier onboarding, combined with ongoing assessments of potential supply chain risks, we actively manage our supply chain, and have the ability to audit our supply chain partners for compliance with our requirements, including with respect to achievement of sustainability objectives. Additionally, we consider the upstream and downstream impacts of our operations.