WESTFORD (Mass.), Jan. 18, 2022 (GLOBE NEWSWIRE). — Kadant Inc. (NYSE : KAI) today announced that it has been selected for the 2021 SEAL Business Sustainable Award in the Environmental Initiatives category. The SEAL Awards are given to companies that make positive environmental impacts and make tangible contributions to sustainability around the world.
Jeffrey L. Powell, chief executive officer at Kadant, stated that we are proud to have been recognized by SEAL awards for our environmental stewardship efforts and commitment to sustainable business practices. Kadant has a rich heritage of developing technologies that support sustainable industrial processing. We are honored to have been recognized for these efforts.
The SEAL (Sustainability, Environmental Achievement and Leadership) Awards honor organizations that are making significant progress on sustainability and environmental issues. SEAL Award recipients are determined using a holistic methodology that evaluates applicants against established benchmarks that measure impact and progress towards a healthier planet and a sustainable future. Environmental Award Winners must meet, or exceed, established baseline and comparative benchmarks. More information about the SEAL Awards is available at https://sealawards.com/sustainability-award-2021.
Kadant Inc. is a global supplier for high-value, critical components as well as engineered systems that are used in process industries around the world. The Company’s products, technologies, as well as services, play an integral part in improving process efficiency, optimizing energy usage, and maximising productivity in resource-intensive sectors. Kadant, which is based in Westford Massachusetts, has approximately 2,900 employees in 20 different countries. Kadants most recent corporate sustainability report can be viewed at www.kadant.com/en/about-us/sustainability. The report highlights the Company’s commitment to ESG initiatives and its progress. It is structured according to Global Reporting Initiative best practices for corporate sustainability reporting. It addresses the most relevant factors to the Company’s stakeholders.
Safe Harbor Statement
The following is a Safe Harbor Statement under the Private Securities Litigation Reform Act (of 1995): This press conference contains forward-looking statement that involve a number risks and uncertainties. These include forward-looking statements about products, technologies, markets, and other matters. These forward-looking statements are based on our expectations at the time of this press release. No obligation is taken to publicly revise any forward-looking statements, whether due to new information or future events. These forward-looking statements are subjected to unknown risks and uncertainties. Our actual results could differ materially from those in these forward-looking statement due to various important factors including those listed under the heading “Risk Factors” in Kadants annual Report on Form 10-K for fiscal year ended January 2, 2021 and subsequent filings to the Securities and Exchange Commission.