HNI Corporation Advances Climate Leadership

MUSCATINE, Iowa--(BUSINESS WIRE)-- HNI Corporation (NYSE: HNI) today announced the installation of solar energy systems at two strategic manufacturing locations. These solar projects underscore HNI's proactive approach toward environmental responsibility, sustainability, and combating climate change.

USA Today recently recognized HNI as one of 'America's Climate Leaders’ for its dedication to reducing greenhouse gas emissions, its focus on energy conservation efforts, and its commitment to renewable energy. USA Today partnered with market research firm Statista to highlight companies that significantly reduced emissions intensity (Scope 1 and 2 greenhouse gas emissions relative to revenue) between 2020 and 2022. HNI ranked number 19 out of the 450 companies graded. See America’s Climate Leaders for more information.

"We are pleased to be recognized for the on-going efforts in our sustainability journey," said Jeff Lorenger, Chairman, President, and Chief Executive Officer. "This initiative reflects our commitment to smartly addressing sustainability across our operations."

HNI expects the new solar projects to generate solar power estimated at 2,500 MWh and offset more than 2,000 tons CO2e annually. In addition to these solar initiatives, HNI’s renewable energy focus includes renewable energy credits and power purchase agreements.

For more information about HNI and its sustainability initiatives, visit HNI Social Responsibility.

About HNI Corporation

HNI Corporation (NYSE: HNI) has been improving where people live, work, and gather for more than 75 years. HNI is a manufacturer of workplace furnishings and residential building products, operating under two segments. The Workplace Furnishings segment is a leading global designer and provider of commercial furnishings, going to market under multiple unique brands. The Residential Building Products segment is the nation's leading manufacturer and marketer of hearth products, which include a full array of gas, electric, wood, and pellet-burning fireplaces, inserts, stoves, facings, and accessories. More information can be found on the Corporation's website at www.hnicorp.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240731671633/en/

Marshall H. Bridges, Senior Vice President and Chief Financial Officer (563) 272-7400
Matthew S. McCall, Vice President, Investor Relations and Corporate Development (563) 275-8898

Source: HNI Corporation

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