WEST MARINE ANNOUNCES ITS FOURTH ANNUAL BLUE FUTURE SUSTAINABILITY REPORT
Achieved 17.5% Reduction in Greenhouse Gas Emissions
WATSONVILLE, Calif. (July 8, 2013)Ā West MarineĀ (NASDAQ: WMAR), the worldās largest specialty retailer of boating supplies and accessories, has released its BlueFutureĀ® 2012 Sustainability Report.Ā BlueFutureĀ® encompasses West Marineās company-wide efforts focusing on sustainability, including improving and protecting the marine environments, reducing the companyās carbon footprint and encouraging people to enjoy being out on the water.
From Ā Pure Oceans, the companyās private label brand of āgreenā boating products that are better for the user and the environment, to giving millions of dollars in grants over the years to marine-based non-profits ā West Marine continues to demonstrate its commitment to preserving our waters and ensuring that future generations will be able to enjoy our marine resources.Ā The report details West Marineās progress towards reducing greenhouse gases, commitments and partnerships to cultivate healthy waterways and fisheries, and support of youth boating programs.
āThere is no company in the U.S. that has a bigger impact on boating than West Marine,ā said Matt Hyde, CEO of West Marine. Ā āItās a privileged position, and with privilege comes great responsibility. Across the board, weāve made significant progress towards our mission to āconserve marine resources, reduce our impact on the environment and promote boating,ā but thereās more work to do,ā commented Hyde.
Some of the highlights from West Marineās 2012 Sustainability Report:
- West Marine was named inĀ ForbesāĀ Top 100 Most Trustworthy Companies in America for the second year in a row
- Greenhouse Gas (GHG) reduction of 4.29% YOY. Over 17.5%Ā GHG reduction since 2007 baseline
- 531 grants fulfilled in 2012, bringing the cumulative donation since 1994 for youth boating, boating safety and marine conservation to $4,946,533
- Donated 2,500 life jackets
- Saved more than $1,815,000 in utility costs since 2007Ā vs. business as usual scenario
“Green Product of the Year” honorees included Attwood’s Fuel Demand Valve and CFA Eco, the worldās first copper-free, water-based antifouling bottom paint
āAt West Marine we are working to be great at sustainability.Ā The road will not be easy, but by working together we can help create a more sustainable future,ā said Hyde.Ā Ā Learn more about West Marineās sustainability program and read the BlueFutureĀ® 2012 Sustainability Report atĀ www.westmarine.com/bluefuture