Trinity Industries : 2024 Supplemental Report 2024 CSR Report

TRN

Published on 05/22/2025 at 21:52

2024

CORPORATE SOCIAL RESPONSIBILITY REPORT

Trinity Industries began providing industrial products and services to customers in 1933 and has evolved into a leading railcar lessor enabled by railcar manufacturing and services.

‌CONTENTS

4 Message from the CEO

5 About Trinity

Our Operations Products and Innovation

13 Sustainability Track Sustainability Strategy 2024 Highlights

19 Our People and Communities A Culture of Safety Awareness Employee Experience

Giving Back

35 Environmental Sustainability Industry and Railcar Sustainability Emissions

Energy Waste Recycling Water

42 Supplier Management

43 Governance and Ethics Board Oversight Business Ethics

Human Rights Confiict Minerals

Cybersecurity and Data Privacy

48 Additional Information

Sustainable Accounting Standards Board (SASB) Table

Task Force on Climate-Related Financial Disclosures (TCFD)

Limited Assurance Report for 2024 Water, Energy, and Scope 1 and 2 GHG Emissions

3

‌MESSAGE FROM THE CEO‌

At Trinity, our culture drives the power and potential of our Company. Our One Trinity mentality points our teams in a unified direction to produce, optimize, and innovate to Deliver Goods for the Good of All.

I am proud to deliver our 2024 Corporate Social Responsibility Report, our fifth report on the fifth anniversary of my tenure. Milestones prompt refiection and planning. Looking back on our collective sustainability achievements, it is clear that we have aligned our business with the foundational attributes that make us strong business partners, a great place to work, and more attractive to investors.

We prioritize employee health and safety as a Core Value and have reduced safety incidents to nearly half the industry average when comparing manufacturing incidents. For the third consecutive year, all Trinity railcar manufacturing and maintenance facilities and TrinityHQ

achieved ISO 14001 (Environmental Management System) and ISO 45001 (Occupational Health and Safety)

certification, making us the first railcar manufacturer in North America certified to both rigorous standards. Trinity's

Environmental Health and Safety (EHS) management system was certified to the Responsible Care Standard RC14001,

which includes the additional elements of site security and product safety. We have continually measured, evaluated, and reduced our carbon emissions

intensity. We continue to embrace product circularity through railcar repair and

recyclability, as our railcars are up to 95% recyclable at end of use.

Most importantly, we have built a culture that attracts and retains highly skilled employees and celebrates these talented people and their diverse backgrounds. We listen to our team through our employee

experience survey and networking groups and provide training and development programs across our enterprise to promote continued growth. Beyond our walls, Trinity employees actively strive to positively impact the communities where we live and work.

Highlights from our 2024 efforts include:

+ Reduced safety incidents to nearly half the industry average

+ Volunteered more than 1,000 hours with local community organizations

+ Continued reduction of overall emissions intensity for 5th consecutive year

Our focused approach to stewardship and sustainability adds value to our business strategy; aligns with expectations from our employees, customers, investors, and other stakeholders; and better prepares us for the future. We have built railcars for over 50 years and leased them for over 40-Trinity, like rail transportation itself, is built for sustainability. Freight rail remains the most

fuel-efficient way to move goods over land, as the carbon footprint of rail shipments is 75% lower than truck shipments. We plan to continue building on our success as well as the success of the rail industry as a whole, not by expanding to a scope that is not needed for our business, but by challenging ourselves to become stronger where we have heard from our stakeholders and identified business alignment.

Our 144,000 railcar lease fieet, for instance, is an efficient and more environmentally sustainable way to fuel the North American supply chain. Our fieet demonstrates our strength and versatility in the railcar industry, carrying over 900 different commodities using 270 different designs.

These last five years have included many challenges, from a global pandemic to years of supply chain uncertainties. Amidst these challenges, Trinity has identified opportunities and achieved great things. I would like to extend my sincere gratitude to my Trinity colleagues for five years of

sustainable dedication, growth, and results.

E. JEAN SAVAGE

CHIEF EXECUTIVE OFFICER AND PRESIDENT

2024 CORPORATE SOCIAL RESPONSIBILITY REPORT

CONTENTS

+ MESSAGE FROM THE CEO ABOUT TRINITY SUSTAINABILITY TRACK

OUR PEOPLE AND COMMUNITIES

ENVIRONMENTAL SUSTAINABILITY

SUPPLIER MANAGEMENT GOVERNANCE

AND ETHICS

ADDITIONAL INFO SASB/TCFD

‌ABOUT TRINITY‌

Trinity Industries, Inc., headquartered in Dallas, Texas, owns businesses that are leading railcar lessors enabled by railcar manufacturing and services in North America. Our businesses market their railcar products and services under the trade name TrinityRail®. Our platform also includes

the brands of RSI Logistics, a provider of software and logistics solutions, and Holden America, a supplier of railcar parts and components. Our platform provides railcar leasing and management services; railcar manufacturing; railcar maintenance and modifications; and other railcar logistics products and services.

Our railcars play an integral role throughout North America, transporting essential goods that keep the economy moving.

At Trinity, we remain committed to rail solutions that deliver goods safely, efficiently, and sustainably for the good of our customers, shareholders, employees, and the communities we serve. Delivering Goods for the Good of All is why we proudly come to work each day.

OUR OPERATIONS

CONTENTS

MESSAGE FROM THE CEO

+ ABOUT TRINITY

SUSTAINABILITY TRACK

OUR PEOPLE AND COMMUNITIES

ENVIRONMENTAL SUSTAINABILITY

SUPPLIER MANAGEMENT GOVERNANCE

AND ETHICS

ADDITIONAL INFO SASB/TCFD

85+

Years in Business

50+

Years Manufacturing Railcars

40+

Years Leasing Railcars

~144,000

Railcars Managed (including those owned by third-party investors)

$3.1B

2024 Revenue

7,380

Employees with 2,890 in the United States and 4,490 in Mexico1

270

Different railcar designs

1. As of 12/31/2024

Disclaimer

Trinity Industries Inc. published this content on May 23, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 23, 2025 at 01:51 UTC.