Norcros subsidiary Triton Showers gets sustainable development award
Norcros announced on Tuesday that its electric shower specialist subsidiary Triton Showers has received the King's Award for Enterprise in the Sustainable Development category.
Construction & Materials
12,049.68
15:39 21/11/24
FTSE All-Share
4,436.71
15:40 21/11/24
FTSE Small Cap
6,736.67
15:40 21/11/24
Norcros
248.00p
15:23 21/11/24
The London-listed firm said the award validated Triton's strategic decision in 2019 to realign its vision and values towards environmental stewardship.
At the time, the company set targets aimed at reducing its carbon footprint, with a clear goal of achieving net zero emissions by 2035.
Norcros added that Triton now commands 54% share of the UK's electric showers market.
“Given our market-leading position, we believe it is our responsibility to champion the water, energy, and carbon saving benefits of showers at every opportunity,” said Triton managing director David Tutton.
“We are therefore delighted to receive a King's Award for Excellence in Sustainable Development, which is testament to the hard work of everyone within our organisation who is contributing towards delivering change.”
At 1003 BST, shares in Norcros were up 0.45% at 194.38p.
Reporting by Josh White for Sharecast.com.