Sustainability Achievements in 2023: A Year of Progress and Innovation

Lifting Solutions remains steadfast in our commitment to environmental stewardship and corporate responsibility, continuously implementing measures to reduce our ecological footprint while fostering a culture of sustainability within our organization. We are thrilled to announce significant strides in our sustainability initiatives throughout the year 2023.

One of our key accomplishments in 2023 was the successful recycling of 4,000 liters of used oil. Recycling used oil is environmentally beneficial as it conserves energy, reduces hazardous waste, and minimizes pollution, while also reducing the depletion of fossil fuels. This initiative underscores our dedication to circular economy principles and demonstrates our commitment to minimizing waste and environmental harm.

Furthermore, we achieved substantial progress in reducing the use of brake cleaner aerosol cans, achieving a remarkable 21% decrease compared to 2022. This reduction was made possible through the implementation of a refillable container program, which not only promotes waste reduction but also contributes to cost savings and operational efficiency. Building on this success, we are optimistic about further reducing the number of aerosol cans in 2024 as we continue to refine and expand our refillable container program.

Additionally, our Canadian bases collectively recycled an impressive 3 million pounds of scrap metal in 2023, preventing over 38 million pounds of CO2 emissions from entering the atmosphere. This achievement underscores our efforts to promote recycling and responsible waste management practices across our operations. Moreover, Endless Rod, our continuous sucker rod, is manufactured from 100% recycled steel. We sustain this cycle by recycling rods that have reached the end of their lifespan.

As we reflect on the accomplishments of 2023, we are inspired to continue our journey towards a more sustainable future. Our leadership team is focused on guiding the Lifting Solutions team towards further steps in making a positive impact on our planet and communities. We eagerly anticipate building on these achievements in the years to come as we strive to lead by example and inspire others to embrace sustainable practices for the betterment of our world.