09:27:42 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



K-Bro Linen Inc
Symbol KBL
Shares Issued 10,669,747
Close 2023-12-20 C$ 32.85
Market Cap C$ 350,501,189
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K-Bro Linen releases sustainability report

2023-12-20 17:15 ET - News Release

Ms. Linda McCurdy reports

K-BRO RELEASES INAUGURAL SUSTAINABILITY REPORT

K-Bro Linen Inc. today released its inaugural sustainability report outlining the corporation's strategy related to environmental, social and governance (ESG) processes, and has provided a foundational framework to move forward on future objectives and initiatives.

The sustainability report highlights K-Bro's long-term strategy and focuses on three pillars:

  • People: foster a customer-centric culture, take care of people, embrace diversity and ensure K-Bro is a great place to work;
  • Partners: be dependable, exemplify responsible business practices, support local communities and anticipate evolving trends;
  • Planet: operate responsibly, prioritize energy efficiency, embrace best management practices and support environmental stewardship across the supply chain.

"I am pleased to share our inaugural report as the latest step in our ESG program. This report highlights our continuous efforts to grow our business sustainably. We intend to publish reports annually to outline future goals and provide updates on our initiatives and progress," said Linda McCurdy, president and chief executive officer at K-Bro.

"Putting people first, being dependable partners and embracing environmental stewardship have always been part of our culture. People, partners and planet are terms that are significant to our team and form the basis of our pillars to help us engage with stakeholders around sustainability."

"We are proud of our seven-decade history of responsible, innovative growth. While delivering industry-leading service, we have embraced our responsibility to society. We prioritize customer and employee relationships, environmental stewardship, and creating positive impacts where we do business. We are excited to share our long-term strategy, as we contribute to progress in global sustainability efforts."

About K-Bro Linen Inc.

K-Bro is the largest owner and operator of laundry and linen processing facilities in Canada. K-Bro provides a comprehensive range of general linen and operating room linen processing, management and distribution services to health care institutions, hotels and other commercial accounts. K-Bro currently operates 10 processing facilities under three distinctive brands, including K-Bro Linen Systems Inc., Buanderie HMR and Les Buanderies Dextraze, in eight Canadian cities: Quebec City, Montreal, Toronto, Edmonton, Calgary, Regina, Vancouver and Victoria.

Fishers was established in 1900 and is an operator of laundry and linen processing facilities in Scotland, providing linen rental, workwear hire and cleanroom garment services to the hospitality, health care, manufacturing and pharmaceutical sectors. Fishers' client base includes major hotel chains and prestigious venues across Scotland and the northeast of England. The company operates sites in Scotland and the northeast of England with facilities in Cupar, Perth, Newcastle, Livingston and Coatbridge.

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