RHEEM® RECOGNIZED AS ECO-LEADER FOR SIXTH CONSECUTIVE YEAR

2023-08-04

ATLANTA, Aug. 3, 2023 – Rheem®, a leading global manufacturer of water heating and HVAC products, was named an Eco-Leader for the sixth year in a row by the editorial team at Green Builder magazine, a leading media company focused on green building and sustainable development.

“We are proud to celebrate yet another honor for our sustainability leadership. Receiving this award six years in a row affirms that Rheem’s unwavering commitment to environmental stewardship and global decarbonization is for the long-term,” said Rheem President and CEO Chris Peel. “The mission begins with us, but we are amplifying our impact in our communities, with our customers, tradespeople, government partners and end users. Together, our passion for a healthy planet will build a better world for future generations.”

This year’s award criteria focused on responsible leadership, with companies selected for achievements in environmental stewardship, social responsibility and corporate governance. Rheem exceeded criteria on every front through its commitment to key initiatives, such as:

Environmental Stewardship: Avoiding 23.56+ million metric tons* of carbon dioxide equivalent emissions to date through the sale of higher-efficiency Rheem products—a climate impact equal to taking more than five million cars off the road for a year. Rheem was also the first in the US to introduce 120-volt plug-in heat pump water heaters that make switching from gas to heat pump technology easier than ever. Additionally, Rheem is making progress toward its goals to reduce greenhouse gas emissions from its operations by 50% and achieve Zero Waste to Landfill, including diverting over 40,000 metric tons of waste in 2022.

Social Responsibility: Advancing the adoption of sustainable heating, cooling and water heating products by empowering and training partners in the trade. Rheem has built a pipeline of skilled labor and trained more than 350,000 global plumbers, contractors and key influencers on sustainable products or sustainable installation and recycling best practices.

Corporate Governance: Driving change in the industry to make a lasting impact on the environment.  Rheem prioritizes sustainability in government affairs and partners with legislators and advocates around the world to promote sustainable, equitable policy.

To learn more about Rheem’s sustainability mission, visit www.rheem.com/sustainability. Additionally, comprehensive updates on Rheem’s A Greater Degree of Good™ efforts are provided annually in Rheem’s Sustainability Progress Report, available at www.rheem.com/progress.

About Rheem^®

Founded in 1925, Rheem Manufacturing is a global leader committed to delivering innovative products that save energy and support a more sustainable future. Rheem is the only manufacturer in the world that produces heating, cooling, water heating, pool & spa heating and commercial refrigeration products, and is America’s #1 water-heating brand with products available in more than 80 countries. Paloma Co., Ltd. of Nagoya, Japan, acquired the iconic Rheem brand in 1988, and today the company’s portfolio of premium brands include Rheem®, Ruud®, Friedrich®, Raypak®, Sure Comfort®, WeatherKing®, Eemax®, Richmond®, IBC™, Intergas®, Splendid®, Solahart®, EverHot®, and MHG™, as well as commercial refrigeration brands Russell®, Witt®, ColdZone® and Kramer®, which are part of the Heat Transfer Products Group (HTPG®) division.  

*For additional information on calculation methodology, visit www.rheem.com/productsustainability.

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