Sustainability is not a new concept for The Toro Company. It is deeply rooted in our purpose - to help our customers enrich the beauty, productivity and sustainability of the land. Sustainability directly ties to our mission to deliver superior innovation and to deliver superior customer care. It is also the foundation of our strategic business priorities of accelerating profitable growth, driving productivity and operational excellence and empowering people.
Consistent with our strategy for accelerating profitable growth, we continue to invest in innovation and new product development with a focus on alternative power, smart-connected products and autonomous technologies to help our customers increase operational efficiency and expand our commitment to environmental sustainability. For example, our Greensmaster® eTriFlex® is the industry’s first lithium-ion battery powered riding greensmower that features all-electric components and is designed to mow up to 20 greens on a single charge. And for contractors and construction professionals, our electric-powered e-Dingo® 500 compact utility loader provides operators with the ability to work indoors with zero exhaust emissions and lower noise pollution.
"Sustainability is not a new concept for The Toro Company. It is deeply rooted in our purpose - to help our customers enrich the beauty, productivity and sustainability of the land."
In addition, we are driving productivity and operational excellence in our manufacturing operations. For instance, we continued to focus on Lean and productivity initiatives. We also are investing in manufacturing automation, robotics and capacity needs and tools to assist with our resource use and management.
Our people are our most important asset. As our company grows, our commitment to empowering people and fostering diversity, equity and inclusion remains steadfast. It starts with ensuring that our employees feel a genuine sense of belonging and remain healthy and safe every day, no matter where they perform their work. We continue to enhance and expand our efforts to educate, train and prepare our employees to stay safe in the workplace. Faced with the challenges of navigating the unprecedented COVID-19 pandemic, we quickly adopted preparedness and response plans across our global facilities with the goal of keeping employees and our communities safe and healthy. I am truly inspired by the resilience, collaboration and passion of our team by how they worked through the challenges of this pandemic to support our customers and those in need across our global community.
The Toro Company committed to giving $500,000 to assist families and communities worldwide that have been affected by the pandemic. This included contributions to the American Red Cross and the International Committee of the Red Cross, Feeding America, the World Food Program, the United Way Worldwide, and United Way organizations where our employees live and work. We also introduced a special program, called Together We Can Do More, for employees who wish to personally give to designated COVID-19 relief organizations. Under the program, The Toro Company will match employee contributions to a nonprofit organization of their choice in support of relief efforts.
Giving back to the community has long been a part of our culture. We are committed to sharing our success through financial support, volunteer hours and in-kind product donations. Around the world, our employees actively volunteer their time and talents to nonprofit organizations and civic projects that support the beautification and preservation of outdoor environments, water conservation, community health and housing and youth enrichment activities, just to name a few.
Our Land. Water. Thrive. initiative is something that is particularly special and unique to The Toro Company. As part of this effort, we provide immersion experiences for our employees to work with smallholder farmers in developing countries to improve the productivity of the land and provide education on the efficient use of water in sustainable agriculture. We also are helping our communities enrich the beauty of the land for the health, well-being and enjoyment of everyone. We accomplish this through the energy and talents of our people with a focus on revitalizing parks and green spaces, and enriching the outdoor environments of our neighborhoods and schools.
Sustainability has long been a part of our purpose and culture. We will build on this foundation with focus, innovation and transparency to meet the demands of the rapidly changing world. There is much we have done, and there is more we can, and will, do. We are resolved to continue our unwavering commitment to lead with integrity and win in the right way. This means growing our business while reducing our own environmental footprint and providing solutions to help our customers reduce their environmental impact as well. It also means continuing to leverage our time and talents to help our communities around the globe. You can count on us to deliver results, financially, socially and environmentally, because at The Toro Company, sustainability endures.
Richard M. Olson
Chairman and Chief Executive Officer
"There is much we have done, and there is more we can, and will, do."