Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Stewardship
• Safety
• Community Development

Environmental Achievements

• Recycled more than 15,000 metric tons of materials annually (metal, plastic, paper, wood, etc.)
• Reduced expendable materials (wood and cardboard) consumption by more than 50 metric tons annually through reusable steel containers.
• Reused and recycled more than 300 metric tons of plastic annually.
• Reduced paper usage by 15 percent across U.S. offices.
• Reduced HDPE in bags by 10 percent.
• Incorporated energy efficiency and environmental stewardship into new building designs (Wyoming R&D facility and Huntsville manufacturing facility).

Social Achievements

• Launched the Polaris Value Improvement Process (VIP) to encourage employee ideas for improvement, including safety, consumption reduction, and waste decrease.
• Achieved a 79 percent improvement in Total Recordable Incident Rate (TRIR) from 2011 to 2015.
• Donated more than $3 million in monetary and product donations focusing on youth safety, environmental trail preservation, and community development.
• Trained more than 3,700 Boy Scouts in safe-riding practices and exposed more than 36,000 to safety messages.
• Partnered with NOHVCC to produce a trail-building guide.
• Awarded 200th grant through the T.R.A.I.L.S. Grant Program.

Governance Achievements

• Implemented a Code of Conduct with training and annual review for all employees.
• Implemented a Conflict Minerals Policy in 2013 to ensure a supply chain free of conflict minerals.

Climate Goals & Targets

Environmental Challenges

• Did not achieve a year-over-year reduction in TRIR in 2015.
• Scope 3 emissions not included in reporting.

Mitigation Strategies

• Adding process standardization and building on efforts to improve safety.
• Rolling out a Focus on LIFE strategy to identify and eliminate life-altering hazards.
• Deployment of Pre-Job Hazard Assessments for Non-Routine Work.

Supply Chain Management

Responsible Procurement

• Conflict Minerals Policy

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Electric vehicles (RANGER EV, GEM, Victory Empulse TT, Taylor-Dunn, Goupil, Mega, eAixam)

Environmental Metrics

ESG Focus Areas

• Environmental Stewardship
• Workplace Safety
• Community Engagement

Environmental Achievements

• Reduced energy consumption by 5 percent from 2015.
• Reduced greenhouse gas (GHG) emissions by 3 percent.
• Increased recycled material by more than 65 percent at six largest manufacturing facilities (over the past five years, decreased by 22% in 2016 due to decreased production volume)
• Reused 322 tons of plastic from injection molding processes.
• Reduced office paper consumption by 8 percent at U.S. office locations.
• Saved an equivalent of more than 600 trees through paper recycling.

Social Achievements

• Reduced the number of safety incidents among all employees by 3 percent.
• Designed and funded a new national safety training center for the Boy Scouts of America.
• Improved Lost Day Incident Rate (LDIR) by 47 percent.
• Lost work days dropped 41 percent.
• Donated more than $3 million in monetary and product donations.
• 97 percent of employees participated in the Twin Cities United Way Campaign, donating nearly $1.5 million.

Governance Achievements

• Company-wide implementation of Value Improvement Process (VIP) program for continuous improvement recommendations related to operations, safety and stewardship.
• All new employees review and acknowledge their receipt and understanding of the Code of Conduct. Employees go through Code of Conduct training annually.

Climate Goals & Targets

Environmental Challenges

• Decreased production volume leading to a decrease in recycling at manufacturing facilities.

Mitigation Strategies

• Continuous improvement initiatives through the Value Improvement Process (VIP) program.

Supply Chain Management

Responsible Procurement

• Conflict Minerals Policy

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• GEM® People Movers
• Goupil™ and Mega™ Light-duty Haulers
• Taylor-Dunn® Industrial Vehicles
• e-Aixam™ Personal Quadricycles
• RANGER ® EV Utility Vehicle

Awards & Recognition

• Energy Star award (Plymouth, Minnesota office building)
• The Salvation Army’s National Disaster Partnership Award

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Safety and Quality
• Employee Development
• Community Engagement

Environmental Achievements

• Replaced 1,266 conventional lights with LED lighting at Taylor Dunn, reducing CO2 generation by approximately 62 metric tons annually.
• Reduced energy consumption by 2.8 kWh at Monterrey facility through various energy-saving projects.
• Powered two corporate offices in Minnesota (250,000+ sq ft) with wind energy.
• Saved over 272,000 gallons of fuel and removed 4,328 trucks from the road through shipping efficiency measures.
• Increased recycled materials by 16,227 tons from 2016 to 2017.

Social Achievements

• Launched Polaris Adventures, a network of premium ride experiences with safety features and training.
• Achieved a 0.58 recordable incident rate per 100 full-time workers and 0.14 lost-time injury rate in 2017.
• Launched new employee training programs for Slingshot roadster and desert terrain riding.
• Disbursed nearly $700,000 on tuition reimbursement and awarded 80 Polaris Scholarships.
• Matched $70,000 in employee fundraising for charitable events (48% increase in participation from 2016).

Governance Achievements

• Adopted a Focus on LIFE (Life-altering Incidents & Failure-cause Elimination) philosophy to improve safety.
• Implemented Product Design Process 2.0 (PDP 2.0) to enhance product design, engineering, and manufacturing.
• Continued support for ethical business conduct through the Polaris Code of Conduct and Supplier Code of Conduct.

Climate Goals & Targets

Environmental Challenges

• Increased greenhouse gas emissions and energy consumption due to the addition of a new manufacturing facility in Huntsville, Alabama.

Mitigation Strategies

• Partnership with CustomerFirst Renewables to achieve energy efficiency goals.
• Implementation of various energy-saving projects across multiple facilities.
• Development of a roadmap for achieving 15% renewable energy by 2022.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct promoting responsible business practices.

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• RANGER EV
• e-Aixam™ Personal Quadricycles
• Goupil vehicles

Environmental Metrics

ESG Focus Areas

• Environment
• Safety & Quality
• People
• Community

Environmental Achievements

• Met 2022 GHG reduction goal three years early (8.8% reduction in CO2-e)
• Exceeded 2022 energy efficiency goal three years early (7% savings)
• Made progress towards 2022 renewable energy goal (contracted 5,900 MWhs of wind energy)

Social Achievements

• 40% reduction in total recordable incident rate (TRIR)
• Launched employee engagement survey with 92% response rate
• Established employee engagement groups
• Disbursed more than $725,000 in tuition reimbursement

Governance Achievements

• Implemented location-specific, risk-based audits
• Expanded public safety product line
• Created a dedicated substance compliance team

Climate Goals & Targets

Environmental Challenges

• Growing waste impact with increased production
• Maintaining employee engagement as the company grows

Mitigation Strategies

• Established baseline waste impact in 2019, planning programs for 2020 to minimize footprint
• Established a structure to build and foster employee engagement groups

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct
• Polaris Human Rights Policy

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• All-electric Polaris GEM vehicles for microtransit

Awards & Recognition

• Newsweek’s 2020 List of America’s Most Responsible Companies
• Institutional Investor’s 2020 All-American Executive Team rankings (top three in consumer leisure category)
• Fortune 500 list