Hydro Flask Announces Sustainability Improvements and GHG Emissions Goals

July 28, 2022

Brand rolls out new FSC-certified packaging and aims to cut emissions by appx. 46% by 2030 in line 
with parent company, Helen of Troy, goals

Bend, OR (July 27, 2022) /OUTDOOR SPORTSWIRE/ –Hydro Flask, an award-winning leader in high-performance, insulated stainless steel flasks and soft good innovations and a Helen of Troy (NASDAQ: HELE) brand, is proud to announce progress on its sustainability journey. Starting in Spring 2022, Hydro Flask began rolling out Forest Stewardship Council (FSC) certified packaging, including 80-100 percent recycled content. By the end of calendar year, the goal is for all primary packaging to be FSC certified and carry the How2Recycle label, eliminating the guesswork from how to recycle and properly dispose of packaging. Additionally, single-use plastic packing (how products arrive in cases at retail stores) has also been eliminated for more than 90% of the brand’s products – a change that equates to the weight of the plastic in 13-million single-use plastic water bottles in the first year alone.^[1]

“We want our packaging to be a true reflection of our commitment to do better for the environment,” said Larry Witt, President of Home & Outdoor, Helen of Troy. “We’re working to eliminate plastic, ensuring our packaging is recyclable or contains recycled content. Simply put, we want to make our packaging as good as our gear.”

In partnership with parent company Helen of Troy, Hydro Flask is also taking steps to reduce green house gas (GHG) emissions internally and externally (and sharing progress annually). In line with the standards of the Science Based Targets initiative, Hydro Flask is actively working toward the following commitments:

• Reduce Scope 1 and Scope 2 GHG emissions by 46.2% by fiscal 2030, based on a fiscal 2020 baseline, including all emissions from direct operations.
• Collaborate closely with third-party manufacturers to drive emissions reductions in supply chain by 42% by fiscal 2030, based on a fiscal 2021 baseline. Helen of Troy and Hydro Flask are currently developing a pilot program with one of its key suppliers to drive improvements in environmental impacts, with the expectation to expand to other suppliers in the future.

In addition to GHG targets, the brand utilizes multi-stakeholder tools such as the Higg Facility Environmental Module (FEM) assessment tool. Hydro Flask was an early hard goods adopter of the Higg FEM including the verification element and first piloted the tool in 2017. After initial low assessment scores, over the following three years with trainings and the support of its Asia-based team, Hydro Flask’s average verified factory FEM scores improved by 94%.

On the product side, Hydro Flask is excited to introduce its first soft good product made with recycled material, the Slingback Bottle Pack. The new Slingback Bottle Pack is crafted of 100% recycled polyester body, air mesh and ripstop lining, and holds up to a 32 oz Hydro Flask bottle. The sling design offers a secure fit, the strap is soft and breathable, and the internal storage contains two zippered compartments, — a padded tablet sleeve and a hidden valuables pocket. The June launch of the Slingback Bottle Pack is part of Hydro Flask’s continued commitment to contribute to the aspirational goal of a circular economy through material choices and smart packaging, in addition to our reusable products. MSRP: $59.95

“Since 2009, Hydro Flask has been fighting the single-use plastics battle and to date, we’ve put [approximately] 50 million reusable bottles in the hands of consumers,” comments Jay Wilkins, Vice President of Product, Hydro Flask. “Our new Slingback Bottle Pack is just one of several ways we’re committed to designing for the environment.”

Additionally, Hydro Flask understands that partnering with like-minded organizations and giving back to communities is critical to the success of a healthy planet. Through its Refill for Good program, Hydro Flask has worked with a number of organizations, including a 2021 partnership with the Surfrider Foundation, to remove more than 7,500 pounds of trash from coastlines, provide consumers with reusable bottles, and help individuals find safe drinking water.

Lastly, since 2017 the brand’s Parks for All Program has given more than $2.5 million to program partners focused on building, maintaining, restoring, and providing more equitable access to parks. Recognizing the importance of supporting organizations well-positioned to make positive change for outdoor equity, 75% of the 2022 grantees are led by People of Color and/or other historically marginalized and underrepresented communities, including women, LGBTQIA2S+, and people with disabilities. Hydro Flask is also committed to this work internally, with a dedicated Diversity, Equity, and Inclusion committee to educate associates on creating a culture of belonging for all.

To learn more about Hydro Flask’s corporate responsibility efforts and projects, visit https://www.hydroflask.com/corporate-responsibility.

About Parks For All

Parks for All is the giving platform for Hydro Flask. Through Parks for All, Hydro Flask supports nonprofit organizations focused on building, maintaining, restoring and providing more equitable access to parks. For us, parks represent a place we can all go to recreate, relax or be inspired. From urban park excursions with our family to national park adventures in the backcountry, parks of all sizes and types help make us healthier, happier and more fulfilled. Parks For All is our way of sharing the love we have for green spaces, and ensuring these special places get the attention and protection they deserve. As of January 2022, Parks for All has supported 151 non-profits, given more than $2.5 million and donated more than 68,000 bottles. For more information about Parks for All, please visit www.hydroflask.com/parks-for-all.

About Hydro Flask

Hydro Flask® is the leader in high-performance insulated products that help people enjoy the things they love to do in the places they love to be. From the number one-selling water bottle to good soft innovations like the Day Escape™ Soft Coolers to the Outdoor Kitchen dining collection, Hydro Flask’s delightfully simple designs and go-anywhere durability always deliver the perfect temperature when you need it. Founded in 2009 in Bend, Oregon, Hydro Flask inspires active outdoor lives with two simple words: Let’s Go! Its giving program, Parks for All, supports nonprofit organizations focused on building, maintaining, restoring and investing in public green spaces so people everywhere can live healthier, happier and more fulfilled lives. To learn more about Hydro Flask, Parks for All, and to see the full lineup of award-winning products, visit www.hydroflask.com.

About Helen of Troy Limited

Helen of Troy Limited (NASDAQ: HELE) is a leading global consumer products company offering creative products and solutions for its customers through a diversified portfolio of well-recognized and widely trusted brands, including OXO, Hydro Flask, Osprey, Vicks, Braun, Honeywell, PUR, Hot Tools and Drybar.The Company sometimes refers to these brands as its Leadership Brands. All trademarks herein belong to Helen of Troy Limited (or its subsidiaries) and/or are used under license from their respective licensors. For more information about Helen of Troy, please visit www.helenoftroy.com.Unless the context indicates otherwise, the terms “the company”, “we”, “us”, and “our” refer to Hydro Flask. For more information regarding Helen of Troy’s environmental, social, and governance approach and performance, including information regarding Helen of Troy’s forward-looking statements, please see Helen of Troy’s Environmental, Social and Governance Report (ESG Report) available at www.helenoftroy.com/esg.

1. Assuming the average 16.9 oz single-use plastic water bottle weighs approximately 9.3 grams, as reported by the Beverage Marketing Corporation. ↑

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Lauren Mayer

lauren@obviouslee.com

570-778-9922