StockNews.AI
TREX
StockNews.AI
50 days

Trex Company Publishes 2024 Sustainability Report Highlighting How Circular Innovation Is Adding Value to the Business

1. Trex's 2024 Sustainability Report highlights its recycling and environmental efforts. 2. The company sourced over 1 billion pounds of reclaimed materials in 2024. 3. Trex's products come with long warranties, reducing environmental impact. 4. The firm received recognition as a leader in sustainability and innovation. 5. Future initiatives include enhanced product recycling and sourcing strategies.

6m saved
Insight
Article

FAQ

Why Bullish?

Trex's sustainability leadership strengthens its brand equity and market position. Previous sustainability-focused companies, like Tesla, have seen stock appreciation.

How important is it?

The report's insights on sustainability reinforce Trex's market leadership potential, influencing investor sentiment.

Why Long Term?

Sustainability initiatives may attract long-term investors, similar to companies focused on ESG criteria.

Related Companies

HIGAXPTSLA
- WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world’s leading manufacturer of high-performance, wood-alternative decking and railing, today announced the release of its 2024 Sustainability Report. The comprehensive report details the company’s continued leadership in materials circularity, environmental stewardship, and social responsibility—core to Trex’s identity since its founding more than 30 years ago. “I am proud of how Trex has seamlessly integrated sustainability into our business—not as an add-on, but as a core strategy,” said Bryan Fairbanks, President and CEO of Trex Company. “Our sustainability program is built into our distinctive brand, enhances resilience, and drives stronger returns for our shareholders. This makes sustainability a win-win for both our business and society at large.” The company’s 2024 Sustainability Report charts progress across the board. Key points include: Commitment to Circularity: In 2024, Trex sourced over 1 billion pounds of reclaimed polyethylene (PE) film and wood scrap—including 377 million pounds of waste plastic, making Trex one of one of North America’s largest recyclers of PE. Innovative Products: Trex decking and railing products are designed for durability, aesthetic appeal, and long-lasting performance, with limited warranties of up to 50 years. Our Enhance deck boards, built and priced to compete directly with wood, come with a 25-year warranty—about twice the lifespan of typical wood decking in outdoor conditions. This extended longevity significantly reduces the need for replacements, lowering the environmental impact. Efficiency in Manufacturing: Trex maximized resource efficiency by recycling nearly 100% of its production scrap. Trex also recycled 31% of its general waste that would otherwise have gone to landfill. Creating Opportunity for Employees: Trex expanded its learning and development programs and increased employee engagement. In 2024 alone, employees benefited from over 62,000 hours of training. External Recognition: Trex was recognized as a Green Builder® Sustainable Brand Leader, included in Barron’s 2024 list of Top Sustainable Companies, and received the Greater Good Award for Large Business of the Year from The Top of Virginia Regional Chamber. The report also outlines forward-looking initiatives, including expanded end-of-life product recycling pilots and new sourcing strategies to build resilience amid growing demand for recycled materials. “Sustainability has always been integral to who we are,” said Amy Fernandez, Senior Vice President, Chief Legal Officer and Chief Sustainability Officer of Trex Company. “Our 2024 report reflects our unwavering commitment to responsible growth, innovation, and continuous improvement.” The full 2024 Sustainability Report is available at www.trex.com/sustainability. About Trex Company For more than 30 years, Trex Company (NYSE:TREX) has invented, reinvented and defined the composite decking category. Today, the Company is the world’s #1 brand of sustainably made, wood-alternative decking and railing, and a leader in high performance, low-maintenance outdoor living products. Trex boasts the industry’s strongest distribution network with products sold through more than 6,700 retail outlets across six continents. Through strategic licensing agreements, the Company offers a comprehensive outdoor living portfolio that includes deck drainage, flashing tapes, LED lighting, outdoor kitchen components, pergolas, spiral stairs, fencing, lattice, cornhole and outdoor furniture – all marketed under the Trex® brand. Based in Winchester, Va., Trex earned top honors in this year’s Environment + Energy (E+E) Leader Awards. Trex® composite decking was not only named Product of the Year but also the Judges’ Choice Winner as the top-scoring entry in the Consumer + Residential category. Trex is proud to have been named America’s Most Trusted® Outdoor Decking* 5 Years in a Row (2021-2025). The Company was also included on the Barron’s list of the 100 Most Sustainable U.S. Companies (2024 and 2025), named one of America’s Most Responsible Companies 2024 by Newsweek and ranked as one of the 100 Best ESG Companies by Investor’s Business Daily. For more information, visit Trex.com. You may also follow Trex on Facebook (trexcompany), Instagram (trexcompany), X (Trex_Company), LinkedIn (trex-company), TikTok (trexcompany), Pinterest (trexcompany) and Houzz (trex-company-inc), or view product and demonstration videos on the brand’s YouTube channel (TheTrexCo). * 2021-2025 DISCLAIMER: Trex received the highest numerical score in the proprietary Lifestory Research 2021-2025 America’s Most Trusted® Outdoor Decking studies. Study results are based on the experiences and perceptions of people surveyed. Your experiences may vary. Visit www.lifestoryresearch.com. More News From Trex Company, Inc.

Related News