Peer Groups

Cintas Releases 2023 ESG Report

By |2024-01-24T20:33:10-06:00January 24, 2024|

Cintas Corp. has released its 2023 Environment, Social, and Governance (ESG) Report. The fourth annual report details Cintas’ sustainable business practices and contains expanded data on its emissions, energy, and water use during the 2023 fiscal year. The report also highlights how the company reduced energy usage intensity by 33% and cut greenhouse gas emissions intensity by 35% ...

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Sodexo Adds Workplace Experience President

By |2024-01-24T20:31:25-06:00January 24, 2024|

Sodexo has appointed Amy O’Neil president of the company’s workplace experience for corporate service division. O’Neil has spent more than two decades in the foodservice, technical services, facilities, and hospitality sectors, leading operations, sales, marketing, and continuous improvement. She joins Sodexo from Hana, a wholly owned subsidiary of CBRE, where she served as chief operating ...

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3M Reports $8B in 4th-Quarter Sales

By |2024-01-24T20:30:17-06:00January 24, 2024|

3M has reported fiscal-fourth-quarter sales of US$8 billion, a slight decline of 0.8% from one year ago. Sales in the company’s health care division decreased 0.3% to $2.03 billion and its consumer division saw a 1.6% decrease in sales to $1.24 billion. 3M’s safety and industrial division reported sales of $2.66 billion, a dip of 2.7%, ...

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Tranzonic Adds Chief Corporate Development Officer

By |2024-01-23T20:45:27-06:00January 23, 2024|

The Tranzonic Cos., parent company of Hospeco Brands Group (HBG), has appointed Joe Vitale chief corporate development officer. Vitale has more than 25 years of professional experience in corporate banking and sponsor-backed portfolio companies. Prior to joining Tranzonic, he led mergers and acquisitions for premium label manufacturer Brook + Whittle. In his newly created role, ...

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USGBC Announces Top States for LEED Buildings

By |2024-01-23T20:43:02-06:00January 23, 2024|

New York was ranked the top state for Leadership in Energy and Environmental Design (LEED), a green building certification developed by the U.S. Green Building Council (USGBC). The state, which moved up from third place in 2022, certified 4.63 square feet of building space per person under LEED in 2023. The top 10 states, plus the District of Columbia, ...

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Tahoe Supply Receives WBENC Certification

By |2024-01-23T20:41:52-06:00January 23, 2024|

Tahoe Supply Co. has received certification as a Women’s Business Enterprise (WBE) from the Women’s Business Enterprise National Council (WBENC). To receive WBE certification from the WBENC, Tahoe Supply underwent an in-depth review and site inspection to confirm that the business is at least 51% owned, operated, and controlled by a woman or women. WBENC certification ...

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P&G Reports 3% Increase in 2nd-Quarter Sales

By |2024-01-23T20:40:45-06:00January 23, 2024|

Procter & Gamble (P&G), parent company of Procter & Gamble Professional (P&G PRO), has reported fiscal second-quarter net sales of US$21.4 billion, an increase of 3% from a year earlier. The company reported an operating income of $4.43 billion, a 7% dip from $4.78 billion a year ago. Net sales for P&G’s healthcare division rose 4%, while sales in ...

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Sodexo Partners With The Leapfrog Group

By |2024-01-22T20:27:18-06:00January 22, 2024|

Sodexo has announced a strategic partnership with The Leapfrog Group, an independent national watchdog organization of employers and other purchasers focused on healthcare safety. According to a press release, Leapfrog’s goal is to improve American healthcare by transparently reporting information on medical errors, accidents, and infections. As a partner with Leapfrog, Sodexo will provide advice ...

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Compass Acquires British Catering Firm

By |2024-01-22T20:25:06-06:00January 22, 2024|

Compass Group has agreed to purchase catering and hospitality services provider CH&CO Group Ltd. The purchase of the United Kingdom-based CH&CO is valued at more than US$603 million, including debt, making it Compass Group’s largest acquisition in Europe to date. According to Facilities Management Journal, the deal includes such CH&CO Group brands as Gather & Gather, ...

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ISS Extends Contract With Nordic Financial Services Group

By |2024-01-22T20:21:29-06:00January 22, 2024|

ISS S/A, parent company of ISS Facility Services, has been awarded a contract extension with international financial services provider Nordea Bank Abp. The five-year extension calls for ISS to provide catering, cleaning, security, and property management services to dozens of Nordea properties throughout the five Nordic countries. ISS has been contracted by Nordea since 1976. “Once ...

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