NASHVILLE, Tenn. — LP Building Solutions (LP) released its inaugural environmental, social, and governance (ESG) report, the 2021 Sustainability Report. The document outlines LP’s five sustainability pillars—governance, people, environment, products, and community—which represent the foundation of the company’s sustainability work and collective commitment to ESG principles.
“At LP, we define sustainability as doing the right thing today so that we can build a brighter future for generations to come,” said LP Chair and Chief Executive Officer Brad Southern. “Our work to support a successful future is inextricably linked to protecting the environment, minimizing waste, manufacturing sustainable products, developing our employees, diversifying our workplace, supporting our communities, and promoting economic prosperity. With a strong track record of sustainability across these areas, LP continues to improve so that we can build a stronger tomorrow.”
By Building a Better World, LP not only cultivates community and sustainability but also helps drive business performance. For example, in 2020, LP achieved $2.8 billion in net sales and $4.31 earnings per share, the company says.
“We are energized and excited to build on LP’s 50-year legacy of sustainability,” Southern continued. “As this report shows, LP is managing risks and capitalizing on opportunities to establish new leadership standards on ESG matters.”
To read LP’s 2021 Sustainability Report, visit lpcorp.com/sustainability.