2022 Environmental, Social,  
and Governance Impact
Vista Outdoor  
ESG Report
VOL. III 
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|  VISTA OUTDOOR ESG REPORT  |  2022
ESG Impact Report 
FY 2022 | NYSE: VSTO

WHO WE ARE
WHAT WE BELIEVE
CORPORATE RESPONSIBILITY 
DIVERSITY, EQUITY AND INCLUSION 
ENVIRONMENTAL STEWARDSHIP
 
GOVERNANCE
POLITICAL DISCLOSURES 
APPENDIX
03
05
08
 
17
 
21
 
  
30
36
37
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Table of 
Contents

One of Vista Outdoor’s foundational beliefs is that 
Vista Outdoor is better because of our brands. 
DEAR STAKEHOLDERS, 
In the pages that follow, you will find 
details on the progress we have made, 
including an update on our brand-
level ESG efforts, how ESG informs our 
business strategy and a selection of ESG 
highlights from across the organization.
This report also showcases the Vista 
Outdoor Corporate Foundation, which 
we created last year to support  
nonprofit partners and programs 
that unite outdoor enthusiasts. The 
Foundation’s initial round of grants were 
directed to 10 tremendous partners 
working to get kids off screens and 
into the outdoors, expand access and 
opportunities for outdoor recreation 
in underserved communities and 
preserve the outdoor spaces where 
our consumers recreate. It is one of our 
proudest ESG initiatives — and one we 
plan to improve in the coming months 
and years amid our company’s upcoming 
transformation.
Our company is constantly looking to 
our brands for ideas on how to best 
serve customers, how to innovate the 
next wave of outdoor gear and how 
to forge stronger relationships with 
partners. We lean on their founder’s 
mentality and apply or support 
their great ideas around marketing, 
sustainability or customer service  
across the company. Our success is  
due to their innovation.
Thanks to the collective effort of our 
brands across our company, Vista 
Outdoor made meaningful progress on 
numerous Environmental, Social and 
Governance (ESG) initiatives this past 
year. The latest proof that we are making 
strides to benefit all of our stakeholders 
— investors, customers, employees, 
and the planet — can be found in this 
document, our Fiscal Year 2022 ESG 
Impact Report.
As you probably know, big changes 
are on the horizon for Vista Outdoor. 
We recently announced a plan to 
separate our Outdoor Products and 
Sporting Products segments into 
two independent, publicly-traded 
companies — a separation we know 
will create several compelling benefits 
for all of our stakeholders. As we look 
forward to this change, and as we 
begin the process of transforming Vista 
Outdoor into two powerhouse portfolio 
companies, we are committed to 
prioritizing purpose as one of  
those benefits.
Thank you,
Christopher Metz
Chief Executive Officer, Vista Outdoor
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Who  
We Are

About Vista 
Outdoor
Vista Outdoor is the parent company of 39 renowned brands that 
design, manufacture and market sporting and outdoor products.
We serve a broad and diverse range of consumers around the globe, 
including outdoor enthusiasts, golfers, cyclists, backyard grillers, 
campers, hunters, recreational shooters, athletes, as well as law 
enforcement and military professionals.
Headquartered in Anoka, Minnesota, we operate in dozens of 
locations and employ nearly 7,000 skilled employees worldwide. 
Our global footprint includes multiple manufacturing and 
distribution facilities across the U.S., Canada, Mexico and Puerto 
Rico in addition to international customer service, sales and sourcing 
operations in Asia, Canada and Europe.
We are passionate about our purpose, vision and commitments. We 
tirelessly evolve our products in ways that match the drive of the 
people who put them to work in the field, on the course, in the wild 
and on the battlefield. 
At Vista Outdoor we are uplifted by our employees and their spirit 
of dedication, conservation and innovation. Our consumers, people 
and love of the outdoors drive us forward in our mission to bring the 
world outside so that we can bring them closer together.
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Who  
We Are

Our Purpose
Our Commitment
Our Vision
To be known as a passionate outdoor 
company with the brands, products  
and culture that unite people around  
a shared love and responsibility for  
the outdoors.
To build powerhouse brands that 
empower people to achieve their  
goals and live their best outdoor lives.
Invest in People: 
A strategy is worthless without the right 
team. We recruit for, support and invest 
in talent that will be dedicated and 
confident employees who will deliver 
our long-term impact and success.
Lead through Innovation: 
We challenge conventions and discover 
the unmet needs of our outdoor 
communities so we can create products 
to elevate the experience of our 
consumers. Pursuing innovation and 
maintaining high-quality standards 
is in the DNA of Vista Outdoor, our 
processes and the performance of our 
products.
Create Safe Environments: 
The well-being and physical safety of 
our employees, along with the safe 
design, manufacture and use of our 
products, is paramount to our purpose.
Promote Stewardship  
and Participation:  
Our duty is to preserve wildlife and 
enhance the wild places where they 
live. We will be catalysts to advocate 
for policy that protects these spaces 
while ensuring responsible use and 
access for all. Furthermore, we will 
pursue sustainable business operations 
to ensure a light footprint on our 
environment.
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What We  
Believe

Our ESG  
Approach
We believe that sustainable business practices, diversity, 
stakeholder engagement, and effective corporate governance 
are critical to the long-term success of our business. Our Board 
of Directors receives regular updates from our corporate ESG 
working group, which includes representatives from our finance, 
operations, human resources, investor relations, legal, brands, 
and public affairs organizations. 
The ESG working group is responsible for coordinating ESG 
activities across the company, including at the business unit 
and brand level. Each business unit has individual employees 
accountable for ESG metrics and initiatives included in the 
overall ESG program. 
Our Board of Directors also receives updates from external 
resources regarding ESG governance best practices and other 
matters that support the progression of the Vista Outdoor  
ESG program.
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What We  
Believe

Disclosures
The Sustainability Accountability Standards Board (SASB) 
guides the disclosure of financially material sustainability 
information by companies to their investors. Available for 
77 industries, SASB identifies the subset of Environmental, 
Social, and Governance (ESG) issues most relevant to financial 
performance in each industry. SASB Standards place Vista 
Outdoor within the Consumer Goods, Toys, and Sporting Goods 
subcategory. 
With 39 diverse brands across the outdoor sports and 
recreation markets, Vista Outdoor determined that reporting 
within additional subcategories would be a better reflection of 
our values and our diverse businesses. 
As a result, we have included within our ESG report disclosures 
that track with the Consumer Goods - Toys and Sporting 
Goods; Aerospace and Defense; and Apparel, Accessories & 
Footwear SASB subcategories. 
Finally,  while Diversity, Equity and Inclusion disclosures do 
not fall within one of these subcategories, as an organization 
Vista Outdoor is committed to making our workplace and the 
outdoors more diverse and inclusive, which is why we self-
report key DEI metrics.   
Disclosures and data within each of these subcategories can be 
found in more detail in the Appendix on page 37.
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What We  
Believe

Corporate  
Responsibility 
Conservation, stewardship and 
making a difference starts with 
good intentions and continues 
through a deep commitment to 
purposeful action.
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ESG’s Role  
in M&A
Giving back is foundational to 
Vista Outdoor’s culture and 
it is evident in our acquisition 
strategy. 
We leverage M&A as a key 
component of our growth 
strategy, and we are highly 
selective with the brands we 
welcome into our portfolio of 
outdoor and sporting products. 
We believe that being prudent 
environmental citizens is not 
only good for our planet, it’s 
good business. That philosophy 
is a cornerstone of our 
acquisition strategy.
Consider our most recent 
additions, which total seven 
over the past two-plus years. 
Each acquisition fits a business 
need, but the company’s 
newest assets also complement 
our ESG philosophy through 
various ways of giving back 
to the environment and their 
communities. 
STONE GLACIER
Stone Glacier is a Bozeman, Montana 
backcountry hunting apparel and gear 
brand that we acquired in December 
2021. We pursued Stone Glacier for 
several reasons, including the expansion 
into a new category with a brand that 
boasts incredible upside thanks to 
premium products and an enthusiastic 
customer base. 
Adding Stone Glacier also offered 
key cultural alignments that played a 
strong role in us deciding to pursue 
this acquisition. Like Vista Outdoor, 
Stone Glacier has rooted itself in the 
conservation community — so much 
so that one of the brand’s employees 
started an organization called 2% for 
Conservation, a nonprofit that asks 
member brands to donate 1% of their 
time and 1% of their revenue to support 
various conservation efforts. As a 
current Business Member of 2% for 
Conservation, Stone Glacier is proud 
to donate money and volunteer time 
to groups that work to support the 
outdoors. 
QUIETKAT
Vista Outdoor entered the E-Bike 
space with the acquisition of Eagle, 
Colorado-based QuietKat in May 2021. 
Bringing QuietKat into our family made 
sense on several fronts, including the 
expansion into a new category, but 
also to showcase our love for keeping 
the wilderness wild. With a QuietKat 
E-Bike — as the brand’s name implies 
— backcountry exploration needn’t be 
loud nor burn fossil fuels. An E-Bike 
allows anyone who is hunting, fishing, 
camping or merely taking a ride off-
road to do so in an environmentally 
friendly way, a brand ethos that 
aligns perfectly with our pursuit of 
sustainability. 
Moreover, QuietKat employees live 
that mantra beyond the product 
they design from their home base in 
Colorado’s High Country. QuietKat 
has adopted a local trail through the 
local bicycling association. Three 
times a year, employees give that trail 
much-needed tender loving care with 
general maintenance, sign building 
and more. QuietKat gives back to the 
community in other ways too, including 
the sponsorship of weekly live music 
in a local park and by encouraging 
attendees to ride their bikes to the park 
rather than drive.
HEVI-SHOT
In January 2021, we announced the 
acquisition of Sweet Home, Oregon-
based HEVI-Shot, an industry leader 
in the development of lead-free 
ammunition and components, which 
fits with our existing strategy of 
providing consumers with choices when 
it comes to traditional and lead-free 
ammunition. HEVI-Shot was founded by 
passionate hunters and environmentally-
minded leaders who wanted to create 
better performing products that were 
more sustainable. The founders and 
employees of HEVI-Shot have grown the 
brand into an innovation powerhouse 
that specializes in the manufacture of 
top-tier shotshell, bullets and lead-free 
technology. 
HEVI-Shot expands our offerings to 
hunters who wish to purchase lead-free 
ammunition and utilize non-traditional 
ammunition while hunting. The addition 
of HEVI-Shot is another way that we 
showcase our conservation ideal while 
also meeting the needs of changing 
consumer demands.
REMINGTON
Vista Outdoor was one of the key drivers 
in helping the U.S. Fish and Wildlife 
Service provide a record $1.5 billion in 
annual funding last year through the 
Wildlife and Sport Fish Restoration 
(WSFR) Program. One of our recent 
acquisitions — Remington Ammunition, 
based in Lonoke, Arkansas —  bolstered 
that contribution amount for all of Vista 
Outdoor, which helps support state and 
local outdoor recreational opportunities, 
and wildlife and habitat conservation 
efforts. The WSFR Program apportions 
excise taxes on hunting, shooting and 
fishing equipment, and boat fuel to all 50 
states and U.S. territories. 
Corporate  
Responsibility
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We have averaged $75 million annually 
in conservation payments under the 
Pittman Robertson Wildlife program 
over the past few years and we are one 
of its most vocal and active supporters. 
When Vista acquired Remington 
in late 2020, the company’s overall 
contribution to Pittman-Robertson 
grew substantially. The impact of 
our outsized contributions to the 
WSFR Program, goes well beyond 
the immediate financial benefit to 
ongoing conservation efforts. When 
brands in the company’s Sporting 
Products segment perform well, it 
helps fuel participation across all 
outdoor activities since many recipients 
of WSFR funding are designed 
purposefully to get more people 
outside. 
Remington has also fueled a resurgence 
in local economic activity in the 
Lonoke, Arkansas region. The facility 
has more than doubled employment 
to over 1,000 skilled employees. They 
have expanded benefits, retirement 
security and reciprocal benefits to 
local contractors, restaurants and other 
parts of the community. And through 
Vista Outdoor, Remington is able to 
support local causes, such as the Open 
Arms Shelter and the Arkansas Special 
Olympics, returning to their roots of 
giving back to worthy causes. 
FIBER ENERGY
With the 2021 addition of Mountain 
View, Arkansas-based Fiber Energy 
Products, we welcomed into our 
portfolio a state-of-the-art wood pellet 
manufacturing facility that not only 
complements our Camp Chef outdoor 
cooking brand but also bolsters our 
sustainability goals. Founded in 2006, 
Fiber Energy quickly became the 
foremost manufacturer of premium 
hardwood and softwood heating 
pellets, BBQ and grilling pellets, and 
animal bedding throughout the mid-
western and southern United States. 
Wood pellet fuel is sustainable, 
renewable and one of the most carbon-
neutral fuel sources available. The brand 
uses only 100% all-natural hardwood 
fibers and forest product residuals, 
and its manufacturing process dries 
and presses pellets with no fillers 
or binders to produce the cleanest, 
driest and smoothest-burning pellet 
available. Fiber Energy’s commitment to 
sustainable manufacturing has allowed 
their home heating pellets to exceed 
the Pellet Fuels Institute (PFI) standard 
for premium pellets.
FORESIGHT SPORTS
Foresight Sports is a San Diego, 
California-based technology company 
that develops the most advanced and 
trusted performance analysis solutions 
in the golf industry. Their dedication to 
golf isn’t just about the game, but the 
customers have come to expect. This is 
a win-win for the brand’s ethos, which is 
anchored in a recognition of how these 
activities bring people and families 
together, while also upholding our 
values of a just and sustainable supply 
chain. 
SUMMARY
We are well-positioned to uphold key 
pillars of our Value Creation Strategy 
— to make prudent acquisitions of fast-
growing outdoor brands and remain 
the acquirer of choice for the outdoor 
industry. Financial success has enabled 
us to continue our M&A strategy and 
pursue fast-growing, outdoor-focused 
and ESG-driven brands. Top- and 
bottom-line growth is also helping all 
of our brands scale their operations 
and welcome new outdoor and 
sporting participants, which will, in turn, 
allow the company to execute more 
acquisitions in this space and accelerate 
our ESG efforts.
people, families and communities that 
are equally enriched by the sport. 
For over a decade, the team has been 
honored to make community outreach 
a key part of their mission, including 
equipment donations, sponsorships, 
and fund-raising events with charities 
that include the Boys and Girls Club of 
Greater San Diego, NFL legend Steve 
Young’s Forever Young Foundation, and 
Puppies & Golf to name a few. Foresight 
joined the Vista Outdoor family of 
brands in September 2021 and their 
integration of operations and giving 
back are ahead of schedule. 
VENOR
Venor is a hunt-inspired female apparel 
company that became part of the 
Vista Outdoor family of brands in April 
2021. Venor, which is Latin for “I Hunt,” 
was born out of a love of outdoor 
experiences and adventure with intent 
around creating a community to 
connect and empower other women. 
As part of the Vista Outdoor network, 
we conducted a thorough review of 
Venor’s supply chain and were able 
to implement a smart-from-the-start 
sourcing strategy that removed vendors 
or regions from the supply chain known 
for forced labor or other human rights 
abuses. 
This has meant that the materials 
that go into each Venor item are 
sourced with both compassion and 
an eye toward the quality that Venor’s 
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Corporate  
Responsibility

Vista Outdoor 
Foundation 
The Vista Outdoor Foundation  
supports nonprofit partners and programs 
that unite outdoor enthusiasts to  
conserve open space, get kids off screens 
and into the outdoors, expand access  
and opportunities for recreation in 
underserved communities and diversify 
outdoor recreation.
The Vista Outdoor Foundation selected  
ten nonprofit organizations in November 
2021 to receive a total of over $600,000  
in grants as part of the Foundation’s 
inaugural grant cycle. The ten organizations 
represent a cross section of outdoor and 
recreational causes.
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Corporate  
Responsibility

The National Ability Center 
empowers individuals of all 
abilities by building self-esteem, 
confidence and lifetime skills 
through sport, recreation and 
educational programs.
Protect Our Winters helps 
passionate outdoor people 
protect the places and lifestyles 
they love from climate change.
Blue Star Families was founded 
by military spouses in 2009 to 
empower military families to 
thrive as they serve.
Pedal Power has created a model 
for 4th and 5th grade classes to 
go out for weekly rides with their 
teachers, to use bikes instead of 
buses, and to ride year-round with 
an after-school group to locations 
all over Minneapolis.
The International Mountain 
Bicycling Association (IMBA) is 
the worldwide leader in mountain 
bike advocacy, and the only 
organization in the U.S. focused 
entirely on trails and access.
The Outdoors Tomorrow 
Foundation teaches outdoor 
education and promotes and 
funds conservation of wildlife 
worldwide.
Chartered by Congress, the 
National Forest Foundation was 
created with a simple mission: 
bring people together to restore 
and enhance our National Forests 
and Grasslands.
Youth Seen fosters and empowers 
the social and emotional well-
being of LGBTQI youth and 
their families, including through 
outdoor experiences at Camp 
Youth Seen, its annual Summer 
camp in the Rocky Mountains.
Little Bellas creates opportunities 
for girls to experience success 
using mountain biking as the 
platform and pathway to personal 
growth.
Scholastic Shooting Sports 
Foundation provides shooting-
sports education and 
opportunities to school-age 
youths to encourage young 
athlete personal growth and 
development.
Nonprofit Partners
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Corporate  
Responsibility

Support for Ukraine
When the U.S. offered Ukrainian President Volodymyr Zelenskyy 
a chance to escape as Russian forces barreled down on Ukraine’s 
capital city of Kyiv, he quickly declined, instead declaring that he 
would stay and fight.
In Zelenskyy’s refusal, he uttered six words that instantly became 
a battle cry not only for his people and his nation but for millions 
around the globe looking to support the crisis in Ukraine.  “I need 
ammunition, not a ride,” he said.
Our employees and brands heard Zelenskyy’s call to arms loud and 
clear. And in the last few weeks, they have stepped up with various 
efforts aimed at helping Ukraine defend its land and its people 
against Russian attacks.
Remington, CCI, Speer and Federal Ammunition — all part of our 
Sporting Products segment — donated one million rounds of total 
ammo to the Armed Forces of the Ukraine.
That’s not the only effort initiated by Vista brands. Within Outdoor 
Accessories and through our distribution network, we are providing 
Ukrainian soldiers with helmets and protective equipment to better 
equip them in the ongoing fight. 
Another Outdoor Products brand donated cash and products 
to support the humanitarian efforts while the entire corporation 
suspended business operations in Russian and Belarus as a result of 
the unprovoked aggression. 
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Corporate  
Responsibility

Safety
While employees across our locations work to 
ensure compliance with the product safety laws 
and regulations that apply to their products, we 
have a team of dedicated professionals within the 
corporate Compliance Department who oversee 
all aspects of product safety and compliance 
across the company. Our product safety and 
compliance personnel have broad and diverse 
academic and experience credentials and are 
often sought out by regulators, law enforcement, 
other industry participants and internal 
stakeholders to serve as expert consultants and 
witnesses. Together with robust internal policies 
and procedures, this organizational structure 
helps ensure that we meet our continuing 
obligations to regulators and consumers 
throughout the product life cycles and keep our 
employees safe.
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Corporate  
Responsibility

Safety Metrics
Product Safety  
Vista Outdoor had one voluntary safety-related 
product recall during FY2022.  This recall did not 
involve any consumer injuries and was initiated out of 
an abundance of caution in coordination with the US 
Consumer Product Safety Commission (CPSC) and 
international agencies.  
We utilize a multi-faceted communication plan in 
product recalls including social media, distributor 
and retailer networks, public press releases and other 
appropriate forms of outreach.
VOLUNTARY SAFETY-RELATED PRODUCT RECALL
FY2017-2020:
FY2021:
FY2022:
1
2
1
Employee Safety  
Employees, supervisors and management across 
our locations work to ensure that employee safety 
comes first. This includes local rules, procedures and 
best practices as well as compliance with the safety 
laws and regulations that apply to their locations or 
workflows. 
*TRIR quantifies an organization’s past safety performance by calculating the number of recordable incidents 
per 100 full-time workers during a one-year period. The formula is set by the Occupational Safety and Health 
Administration (OSHA). [Number of injuries and illnesses X 200,000) / Employee hours worked]. 200,000 is the 
benchmark established by OSHA to represent the total number of hours 100 employees would log in 50 weeks 
based on a 40-hour work week.
TOTAL REPORTABLE INCIDENT RATE FOR AMMUNITION AND 
OUTDOOR ACCESSORIES BUSINESS UNITS*
CY 2020:
CY 2021:
2.33
1.54
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Corporate  
Responsibility

Employee Spotlight
Kelly Kolb, once an operations personnel, 
now manages all aspects of safety, 
quality, delivery and cost across the pistol 
manufacturing departments at CCI/Speer.
“I see a day in the field being as good as 
a day in the classroom. It teaches safety, 
attention to detail, planning, ethics, etiquette, 
conservationism, fitness and endurance, 
discipline, patience and confidence.” 
-KELLY KOLB  
Centerfire Value Stream Manager, CCI/Speer
MISSION: 
To provide and enhance personal  
growth and development opportunities  
for student athlete members and to pass  
onto future generations the legacy of 
lifelong, safe, responsible enjoyment of 
shooting sports.
GRANT POWER: 
Over 1,000 coaches have gotten certified 
through the SSSF Basic Shooting Coach 
Education Program. Hundreds of others 
completed the online curriculum with the 
Vista Outdoor Foundation Grant.
Scholastic Shooting 
Sports Foundation 
Vista Outdoor  
Foundation Profile
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Corporate  
Responsibility

Diversity, Equity  
and Inclusion 
Strong and diverse communities 
are crucial to our success, both in 
business and in fulfilling our mission 
to bring more people outside.
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Supporting 
Our People
Supporting families and communities is about 
more than just doing good; it’s good business. We 
believe the industry, conducting itself in a socially 
responsible way, cultivates prosperity for everyone.
LEARNING FOR LIFE
Our Learning for Life Scholarship Program has been 
a company tradition - and an employee favorite 
- since 2015. The annual program awards $1,000 
individual scholarships to assist children of Vista 
Outdoor employees in their pursuit of post-high 
school education, whether they attend a vocational-
technical school, junior college, or four-year college 
or university.
In FY2022, we raised the scholarship count from 
15 scholarships to 20. Upon the close of the 
FY2022 program, we will have awarded $62,000 
in scholarships to 62 children of Vista Outdoor 
employees.
EMPLOYEE ASSISTANCE FUND 
The Vista Outdoor Employee Assistance Fund was 
created in FY2021 to help employees who are facing 
financial hardship immediately following a natural 
disaster or an unforeseen personal hardship. In its 
first year, the Employee Assistance Fund supported 
five employees facing urgent situations. 
The Fund relies primarily on payroll deductions 
from employees and support from Vista Outdoor. 
Every contribution helps, and when combined with 
the donations, can provide a tax-free grant to help 
a fellow employee in need when they are facing an 
unexpected situation. 
EMPLOYEE BENEFITS
Through the significant contributions of our 
employees worldwide, we have become a leader and 
an innovator in the outdoor sports and recreation 
markets and continue to grow. Our employees 
differentiate us within the industry, and our benefit 
programs are designed to meet the diverse needs of 
our workforce. At Vista Outdoor, we are committed 
to the employee whole-person well-being and our 
overall mission of Bringing the World Outside.
As a result, our benefits are competitive and 
comprehensive with a goal of protecting employees’ 
health, families and future, and they play an integral 
part of the total rewards offered to our employees at 
Vista Outdoor.
Employee Spotlight
Darnetha Elmore is well-known among 
Vista Outdoor employees. She is a 
straightforward people-person and greets 
everyone with a smile. Darnetha was the 
driving force behind getting the Employee 
Assistance Fund up and rolling. 
“While I did not do this alone, seeing 
the Employee Assistance Fund go from 
a school project on paper to actually 
making a difference for Vista Outdoor 
employees gives me great satisfaction,”
-DARNETHA ELMORE  
Senior Director, HR in Ammunition
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Diversity,  
Equity, Inclusion

Diversity and Inclusion Statistics 
In fiscal year 2021, we began disclosing diversity and inclusion metrics to provide both 
benchmarks for where we currently stand, and goals for us to strive to meet in the 
future. Our metrics for the last two fiscal years include:  
*Our fiscal year 2022 metrics expand disclosure to all managers and above who identify as persons of color; the 
fiscal year 2021 data has been updated accordingly.
STATISTIC
MARCH 31, 2021
MARCH 31, 2022
% of US employees identifying as 
persons of color (non-white)
20%
19%
% of US Leadership (manager & 
above) identifying as persons of color*
10%
9%
% of US employees who are female
28%
29%
% of US Leadership (manager  
& above) who are female
29%
27%
% of US employees who are veterans
7%
7%
MISSION: 
The mission of Camp Youth Seen is 
to foster and empower the social and 
emotional well-being of LGBTQIA youth 
and their families in all communities. The 
organization’s program fosters youth 
connecting and creating memories in the 
safe environment of the outdoors.
GRANT POWER: 
The Vista Outdoor Foundation grant will 
go toward scholarships to ensure the 
outdoors is accessible to the LGBTQIA + 
BIPOC community, as well as support the 
growth and development of Camp Youth 
Seen located in the foothills of the Rocky 
Mountains.
Camp Youth Seen
Vista Outdoor  
Foundation Profile
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Diversity,  
Equity, Inclusion

MISSION: 
To empower individuals of all abilities 
by building self-esteem, confidence and 
lifetime skills through sport, recreation and 
educational programs.
GRANT POWER: 
The grant will go towards scholarships 
to ensure that the outdoors is accessible 
to people of all abilities. The funds from 
the Foundation will also help grow the 
organization’s adaptive rock climbing, 
cycling, skiing, mountain biking and 
whitewater rafting programs.
National Ability Center 
Vista Outdoor  
Foundation Profile
Supporting our 
Communities
Vista Outdoor is a member of the Together 
Outdoors Coalition (TO). TO provides a cross-sector 
collaborative learning space for organizations, 
individuals, business leaders, federal agencies, 
activists, manufacturers and service providers who 
share a commitment to making the outdoors a more 
welcoming, safe, and enjoyable place for people of all 
races, ethnicities, abilities, faiths, identities, genders, 
orientations, and backgrounds. 
Vista Outdoor joined with REI and L.L. Bean to 
support the Outdoor Industry Association DEI Policy 
Fellow. This Fellow will develop policy platforms 
for state and federal legislation that impact the 
outdoor industry, including but not limited to state 
outdoor equity funds, state climate policy, federal 
climate policy, federal infrastructure that benefits the 
outdoors and community connection to the outdoors.
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Diversity,  
Equity, Inclusion

Environmental  
Stewardship
Playing a role in preserving our 
environment is inherent to Vista 
Outdoor’s mission.
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Environmental 
Stewardship
Interwoven into our culture is a drive to support 
conservation and contribute to improving the state 
of the natural resources we collectively rely on. 
Integrating sustainability into our best practices 
supports our decision-making, risk mitigation and 
environmental stewardship.
MISSION: 
Bring people together to restore and 
enhance our National Forests and 
Grasslands.
GRANT POWER: 
Our grant directly supports NFF’s on-the-
ground conservation and stewardship 
efforts on National Forest lands in 
California’s Sierra-Nevada mountains. 
Our funding will help NFF build capacity 
to implement forest and watershed 
restoration activities that will reduce 
wildfire risk in the Sierra National Forest. 
National Forest 
Foundation (NFF)
Vista Outdoor  
Foundation Profile
22 |  VISTA OUTDOOR ESG REPORT  |  2022
Environmental 
Stewardship

Environmental Highlights
9MM PLATE LINE TRAY 
REDESIGN:
BELT PACK  
REDESIGN:
PRODUCTS THAT USE 
TEXTILES WITH PFAS-
FREE WATER REPELLENT, 
AND FEATURE OUR 
REFORMULATE BADGE:
PRODUCTS THAT USE 
RECYCLED TEXTILES, 
AND FEATURE THE 
REUSE BADGE:
PRODUCTS THAT 
USE SOLUTION DYED 
TEXTILES AND FEATURE 
THE REDUCE BADGE:
HAZARDOUS WASTE 
MITIGATION:
WATER USE PROCESSES 
ADJUSTED:
ELECTRIC USE  
REDUCTION:
Plastic ammunition trays used for 
packaging 50 rds of 9mm ammo 
were redesigned to reduce the 
amount of material used. Final 
result of the project was a ~ 30% 
reduction in plastic material 
used to build the tray while also 
increasing the vertical stacking 
strength of the tray and the entire 
case including pallet packs.
In our FY2021 ESG Report, we  
shared progress with the 
CamelBak REPURPOSE 
initiative. REPURPOSE stands 
for Reformulate, Reuse, Rethink, 
Repackage, and Reduce, and 
is a system that assists in 
generating environmentally 
safe product solutions in 
tandem with utilizing improved 
sustainable packaging, materials 
and manufacturing.  One year 
later, it’s exciting to see the early 
results: 
Plastic belt pack used for 
packaging 20 rounds of large rifle 
ammo was redesigned to reduce 
the amount of material used.  Final 
result of the project was a ~20% 
reduction in plastic material used 
to build the tray.
Over 3X since 2020
Almost half of all 2023 products
Almost 8X since 2020
Over a third of all 2023 products
Over 3X since 2020
Over a half of all 2023 products
At our Anoka, MN facility, we 
reduced onsite hazardous waste 
inventory by approximately 
80% through strategic process 
improvements.
At our Lewiston, ID facility, we are 
implementing a change to our 
heat treatment and high efficiency 
wash processes reducing the need 
for over 10 different chemicals and 
reducing  water usage to less than 
1% of the legacy process.  Water 
savings is estimated at 100 million 
gallons per year.
At our Lonoke, AR facility, we 
have a new sanitary waste system 
that uses 1/3 the electricity of 
the legacy system and which has 
greater surge capacity.
Ammunition 
CamelBak
23 |  VISTA OUTDOOR ESG REPORT  |  2022
Environmental 
Stewardship

Environmental Highlights
WASTEWATER TREATMENT 
INITIATIVE:
LIGHTING  
UPGRADE:
RECYCLING  
INITIATIVE:
In our Oroville, CA location, the 
team created an in-house project 
for evaporation of wastewater 
which eliminates 55,000 gallons of 
wastewater that would otherwise 
be hauled off as hazardous waste 
for treatment.  
At our Olathe, KS location, 
the team upgraded lighting 
to LED lights which is more 
energy efficient and improves 
environmental performance.
Camp Chef purchased an 
industrial baler, which has resulted 
in 28,000 pounds of cardboard 
and plastic wrap going from 
the landfill to the local recycling 
center. 
Outdoor 
Accessories 
Camp Chef 
Employee Spotlight
Marissa Strano manages textiles for 
CamelBak’s soft goods and heads up 
sustainability. She says the sustainability 
aspect of her job is the most interesting, 
challenging and rewarding part of her job. 
If you ask her about it, she is living her 
dream: a job with built-in adventure at a 
company focused on meaningful change 
and sustainability. A perfect match.
“Helping develop CamelBak’s sustainability 
program and launch RePurpose, our 
sustainable product label, has been the 
most complex and rewarding project of 
my career. It is a privilege to be a part of 
such an important global effort. It feels 
personal, and I’m proud to work for a 
company that takes responsibility for the 
impact making our products has on our 
environment and our climate,”
-MARISSA STRANO  
Materials Innovations and Sustainability 
Manager at CamelBak
24 |  VISTA OUTDOOR ESG REPORT  |  2022
Environmental 
Stewardship

Advocacy and 
Engagement
And more recently, the Vista Outdoor 
Foundation issued a grant to Protect 
Our Winters, which is an organization 
whose mission is to help passionate 
outdoor people protect the places and 
lifestyles they love from climate change.
OUTDOOR RECREATION
Vista Outdoor was a leading 
professional witness in a United States 
Senate Committee on Energy and 
Natural Resources Committee on the 
Outdoor Recreation Act.  At the request 
of Committee Chairman Senator Joe 
Manchin (WV), we provided analysis 
and insight on nine different outdoor 
recreation bills pending before the 
Committee.  
The bills under consideration advanced 
common goals, including expanded 
access, greater diversity and better 
management of our public lands.  
Together if enacted, the environment 
would be well served through 
smarter recreation planning and pro-
environmental policies. 
Vista Outdoor was a leading supporter 
of the Veterans In Parks (VIP) Act, 
which passed Congress and is now 
law of the land. Vista Outdoor and 
our brands joined dozens of other 
organizations in advocating for 
veterans, along with Gold Star Family 
members, to visit our national parks and 
public lands free of charge. 
Advocacy and engagement can 
drive meaningful improvements in 
environmental outcomes.
CLIMATE CHANGE
As an organization, we believe that the 
climate is changing and that humans 
are having an impact on it. We have 
taken steps to be a leader in climate 
advocacy, beginning in 2019,  when we 
testified before the United States House 
of Representatives Committee on the 
impact of climate change and outdoor 
recreation. A copy of that testimony can 
be found in our inaugural ESG Report, 
which can be found here.
In 2021, we became the first company 
to endorse the Conservationists for 
Climate Solutions Policy Climate 
Statement. The Climate Statement is  
a first-of-its-kind framework that  
offers a comprehensive climate plan 
based on proven, bipartisan land,  
and water management strategies. 
Learn more here. 
 
MISSION: 
Blue Star Families is committed to 
strengthening military families by 
connecting them with their neighbors – 
individuals and organizations – to create 
vibrant communities of mutual support.
GRANT POWER: 
Our grant will support the Military Outdoor 
Explorers for All program, which seeks 
to improve the wellness of active duty 
military families through engagement 
experiences with public lands, encouraging 
healthy lifestyles, and educating families 
on becoming stewards of our national 
parks. 
Blue Star Families
Vista Outdoor  
Foundation Profile
25 |  VISTA OUTDOOR ESG REPORT  |  2022
Environmental 
Stewardship

How Product 
Sustainability 
Leads to 
Business 
Transformation
Environmental stewardship is a journey, 
not a destination and several brands 
in Vista Outdoor’s portfolio, though in 
different stages of their journey, are 
now traveling down that challenging 
yet worthwhile sustainability path in 
hopes of reversing the negative impacts 
of climate change and becoming 
better corporate citizens for their 
stakeholders.
Vista Outdoor’s Sports Protection 
brands, Bell, Giro and Blackburn and 
our hydration brand CamelBak have 
long focused on designing sustainable 
products for their customers, but the 
award-winning, environmentally friendly 
apparel and gear they sell the world 
over is just the beginning for these 
venerable members of our Outdoor 
Products segment.
The companies have recently set out to 
transform their entire business  
operations to improve life for our people 
and the planet. They created a roadmap, 
refined it based on the most current data 
and set out to incorporate sustainability 
into every thread of their business 
operations. The brands’ leadership, retail 
partners, customers and employees 
demand action — and the brands are 
poised to deliver.
Let’s look at where they are in their 
respective journeys and what’s next in 
their quest to be industry and category 
leaders in sustainability.
BELL, GIRO & BLACKBURN
While environmentalism has long 
been core to the DNA of Bell, Giro and 
Blackburn, the three brands have taken  
a critical first step in their shared journey  
to become true sustainability leaders 
within the cycling and snowsports 
industries.
In late 2021, the companies formed an 
Environmental Responsibility Initiative to 
implement sustainable practices across 
all aspects of their business. They are 
now working toward becoming ‘net-zero’ 
collectively across the organization. 
They created what they believe is a best-
in-class sustainability roadmap with four 
phases: 
1. Perform emissions analysis using 
third-party, independently verified 
data to cut Scope 1, 2 and 3 carbon 
emissions.
2. Align with science based target 
initiatives to reduce as much of the 
brands’ carbon footprint as possible 
and create offsets where carbon 
reduction isn’t possible (e.g., shipping, 
travel, etc.).
3. Create a plan that includes 
incremental goals and target dates, 
prioritizing rapid decarbonization and 
offsetting current emissions
4. Act and communicate accountability 
and transparency to show retailers, 
vendors and, most importantly, 
customers that the brands are moving 
in the right direction.
The brands have formed a task force 
with leaders across different categories 
who meet once a month with each 
other and once a quarter with an 
executive team to update findings 
and results. What separates the Bell, 
Giro and Blackburn Environmental 
Responsibility Initiative is that it’s 
comprehensive across all aspects of the 
business and not resigned to merely 
checking a box or two. 
Here’s where and how the plan will 
address all of their operations:
Headquarters: Transforming the brand’s 
headquarters in Scotts Valley, California, 
will include everything from installing 
solar panels and LED lighting and 
incentivizing bike riding to providing 
offsets for the purchase of an E-Bike.
Logistics: Moving goods around the 
globe is the biggest environmental 
culprit of any outdoor brand, and 
logistics composes 70% of emissions 
for these brands, so they will look at 
ways to offset that carbon footprint 
and also partner with vendors who are 
making strides with the reduction of 
greenhouse gas emissions (GHG).
Packaging: Certain aspects of 
packaging can be reduced or 
eliminated, and the brands intend to use 
more recyclable packaging materials 
while also using smaller and earth-
friendlier amounts of ink and water.
Pack/ship: Anyone who has received 
multiple items of the same shipment in 
separate boxes can see how packing/
shipping is a critical area to address. 
The same goes for ordering a small 
item and having it arrive in a huge box 
with wasteful packing materials to fill 
the space. The brands are working 
with their distribution center team to 
focus on packing efficiency, including 
paper-only packaging filler, reduction of 
adhesive tapes and more.
26 |  VISTA OUTDOOR ESG REPORT  |  2022
Environmental 
Stewardship

Marketing: The marketing teams at 
Bell, Giro and Blackburn need to travel 
to trade shows and other events to 
showcase the brands’ latest products, 
so they’re exploring ways to undertake 
these trips as environmentally 
conscious as possible such as using 
carbon offsets for their trips.
Raw materials (soft goods): Soft 
goods include not only apparel but 
fabrics used for such products as ski 
helmets or cycling bags, so being able 
to incorporate more recycled materials 
or environmentally friendly dyes or 
creating less wastewater are powerful 
ways to cut GHG.
Raw materials (hard goods): Hard 
goods is another area where the use 
of earth-friendly materials — while still 
adhering to safety standards — could 
make a big difference in the brands’ 
overall footprint.
Vendor partners: Bell, Giro and 
Blackburn will audit their vendor 
partners to better understand how 
they’re contributing to the brands’ 
overall mission, and they’ll also work 
to influence vendor practices on 
everything from sourcing to shipping.
Graphics: If Giro removed every owner’s 
manual placed inside helmet boxes 
for one year, that would equate to a 
stack of paper and plastic as tall as 21 
Empire State Buildings. While there 
are legal requirements for these types 
of manuals, the teams are exploring 
such alternatives as QR codes for the 
instructions and other ways to use 
graphics and digital tools to reduce 
waste.
Product end-of-life: When a helmet, for 
example, has served its purpose, the 
goal is to get those helmets back in-
house and disassemble them so that 
all its components could be recycled 
correctly — either into another helmet 
or a different product.
Other facilities: The brand has 
numerous facilities around the globe, 
and ensuring that each one is compliant 
with Bell, Giro and Blackburn’s 
sustainability ideals is critical for 
widespread success.
Culture: Implementing sustainability 
across a business footprint requires 
more than merely replacing some 
light bulbs or getting some workers 
to ride their bikes more or increasing 
the number of recyclables in the 
breakroom. It requires a shift in mindset 
throughout the company. Making 
sustainability an integral part of Bell, 
Giro and Blackburn’s business is the 
overarching goal and one the brands 
believe is within reach.
 
 
CamelBak’s sustainability journey 
includes three pillars — Climate Action, 
Friendly Materials and Getting Circular. 
Each one was designed to help the 
brand, over time, reduce greenhouse 
gas emissions (GHG) in line with 
the Paris Agreement to limit global 
warming to 1.5°C.
Here’s how each pillar will support the 
platform that CamelBak has built to 
address that ambitious yet attainable 
goal.
Climate Action: CamelBak believes 
that if we want to continue playing 
outdoors, then climate change is the 
most pressing environmental issue 
facing us. So the brand set targets to 
reduce GHG from its products and 
operations while also advocating for 
future systemic policy change.
 
As the company overhauls its 
operations, product supply chain and 
logistics efforts, it is striving toward:
	 Increasing usage of renewable 
	 electricity in operations to 100% by 	  
	 2030 
	 Requiring 100% of all Tier 1 suppliers 	  
	 to annually complete the Higg Index  
	 Facility Modules 
	 Minimizing air shipments as much as  
	 possible by 2025
CAMELBAK
Sustainability has been part of 
CamelBak’s ethos since the brand 
invented the hands-free hydration 
category 33 years ago. 
The company’s collection of hydration 
packs and bottles keep single-use 
plastic out of landfills, and its recently 
launched RePurpose® system is the 
paradigm of improving products with 
the planet in mind. Products with 
CamelBak’s RePurpose labels and 
technology badges are made using 
better, lower-impact materials and 
manufacturing processes, and they help 
diminish disposables.
The Petaluma, California based brand 
is now on the verge of stepping up its 
sustainability game with a sharpened 
focus on stewardship that extends 
beyond the product realm. CamelBak in 
2022 unveiled a sustainability initiative 
designed to transform all aspects of the 
company’s operations.
In the brand’s own words, “The earth 
inspires us, it is where we play and find 
true freedom. Future generations are 
depending on us to protect this place 
where we live. CamelBak is reducing 
environmental impact by limiting 
carbon emissions, providing healthy 
products for our consumers and the 
earth, and making durable products 
that last a lifetime.”
27 |  VISTA OUTDOOR ESG REPORT  |  2022
Environmental 
Stewardship

And as a well-known brand in the 
outdoor industry, CamelBak also wants 
to continue using its voice to advocate 
for better policies at the Federal, State, 
and local levels. Policies that Camelbak 
advocates for include:
	 Supporting like-minded companies to  
	 use renewable electricity and reduce  
	 their carbon footprint
	 Protecting access to public lands
	 Addressing other issues that  
	 are important to employees and  
	 customers
Friendly Materials: CamelBak’s goal is 
to make the best product possible — 
for people and the planet. The brand is 
looking to transform which materials it 
uses and how it uses them to make a 
meaningful difference.
CamelBak’s biggest impacts are in its 
products and the materials they are 
made from, so the brand has set goals 
to use low-impact materials such as 
water bottles with recycled content, 
textiles for hydration packs made with 
recycled content and colored with a 
water-free process. Here are some ways 
the brand is transforming its material 
usage:
	 Achieve 50% recycled inputs for  
	 polyester and nylon textiles by 2025  
	 and 100% by 2030
	 Increase the use of solution-dyed 	 
	 textiles to 25% by 2030
CamelBak is also reducing its 
packaging, eliminating plastic bags 
from its products, and maximizing the 
recycled content used in packaging. 
These efforts include:
 
	 Eliminating poly bags from bottles  
	 by 2025
	 Increasing recycled content in paper  
	 and plastic packaging to 75% by 2025  
	 and 100% by 2030
And the brand believes that these 
steps also come with a commitment to 
use the safest chemistry available and 
phase out any chemicals of concern. 
As part of this initiative, the brand has 
pledged to:
	 Implement a testing program on non-	 
	 bluesign® materials by 2030
	 Transition to water repellent that  
	 is free of PFAS (perfluoroalkyl and  
	 polyfluoroalkyl substances) by 2025
Getting Circular: This concept is 
about making the most of the brand’s 
resources, minimizing waste and 
investigating solutions to prolong the 
use of, repair, reuse, and recycling of 
products and materials that typically 
end up in landfills and waterways.
CamelBak looks at circularity through 
two lenses. The first, product end of 
life, means the brand is investigating 
programs for renting and reselling 
products, upcycling and reselling excess 
materials, and designing for durability, 
recyclability and repair. 
This includes:
 
	 Launching a “re-commerce” program  
	 by 2025 and establishing targets for  
	 growing the program by 2030
	 Launching a factory waste upcycling  
	 program by 2025 and using excess  
	 material for special make-ups or  
	 other products
	 Launching a repair and/or refurbish  
	 program by 2025
The second, “ditch disposable”, is a 
key component of the brand’s ethos. 
Because CamelBak employees and 
customers thrive in outdoor spaces, it’s 
only natural that they want to preserve 
them for future generations. 
CamelBak believes that when a pack 
or bottle fits your lifestyle, reusing it 
becomes second nature. More hydration 
for you. Less waste for the planet. 
To carry on the “ditch disposable” 
philosophy, CamelBak will launch a 
program to:
	 Elevate “ditch disposable” messaging
	 Establish targets for growing the  
	 program by 2030
More information can be found at 
camelbak.com/sustainability.
28 |  VISTA OUTDOOR ESG REPORT  |  2022
Environmental 
Stewardship

Supply Chain 
Our success is highly dependent upon 
the efforts and contributions of our 
suppliers. We expect our suppliers to help 
us to deliver value to our customers.  By 
providing Vista Outdoor with the highest 
quality products delivered on time and 
at the best value we can deliver on that 
value.
We are also committed to advancing 
shared environmental goals through 
strategic engagement with our suppliers. 
We are pleased with supplier-led efforts 
to reduce their environmental footprint 
and follow our lead in terms of promoting 
a healthier climate and environment. 
We are proud to support a domestic supplier in 
their goal to process >4 million pounds of post-
consumer content. 
One international supplier recently joined The Science 
Based Targets Initiative. The SBTI shows companies 
how much and how quickly they need to reduce their 
greenhouse gas  emissions to prevent the worst  
effects of climate change.  
The supplier:
	 In 2021 Increased solar energy usage and reduce 		  
	 electricity supply from the grid by 10%
	 By 2026, will have 100% of electricity coming from  
	 renewable sources 
	 By 2028, will have an operation that is carbon neutral
Another international supplier has adopted a process 
which cleans and melts polyethylene terephthalate 
(PET) water bottles that are reprocessed as a yarn to 
be woven into straps. 
One international supplier has adopted 100% water-
based paints in production, which has eliminated 
harmful solvents in the application process bringing 
down the emission of volatile organic compounds 
(VOC)
One supplier has received the Platinum LEED 
(Leadership in Energy and Environmental Design) 
certification by the USGBC (US Green Building 
Council). There are 124 Platinum LEED facilities in 
South and Central America, and this site is just one of 
three which are manufacturing facilities. 
Key initiatives that contributed to achieving Platinum 
LEED certification are:
	 Building materials that are locally sourced
	 Achieving 40% improvement in electricity usage  
	 by reformatting their Injection molding machines in  
	 partnership with Wittmann Battenfeld®
	 Installing and fully utilizing 1.5 MW of	 solar  
	 electricity on their building roof
	 Significant reduction of energy and water  
	 consumption by use of low flow water technology,  
	 and controllable LED lighting
	 Landscaping with local plants that do not require  
	 irrigation;
	 Use of public transportation for employees
Some key initiatives have been: 
29 |  VISTA OUTDOOR ESG REPORT  |  2022
Environmental 
Stewardship

Governance
To do well in the world, we must 
lead by example in terms of ethics, 
leadership and effective corporate 
governance practice.
30|  VISTA OUTDOOR ESG REPORT  |  2022

Governance
We believe that effective and transparent 
corporate governance is critical to 
establishing trust and credibility with 
stakeholders.
Our corporate governance structures 
are designed to promote principled 
leadership, responsible decision-making, 
strong financial performance, effective 
risk management, and compliance with 
legal requirements. We regularly evaluate 
and improve these structures to help us 
continue to operate at the highest levels 
of performance in everything we do.
31 |  VISTA OUTDOOR ESG REPORT  |  2022
Governance

Guidelines and 
Overview
Our Guidelines on Corporate Governance are 
available on our website at www.vistaoutdoor.com  
by selecting Investors and then Corporate 
Governance. The Company’s Board of Directors 
has adopted a written code of business ethics that 
applies to all directors, officers and employees. 
Our Code of Business Ethics is available on our 
website at www.vistaoutdoor.com by selecting 
Investors, then Corporate Governance and then 
Code of Business Ethics.
Independent Chairman of the Board
Eight of nine Directors are independent (all directors other than our 
Chief Executive Officer)
Commitment to diversity and bringing fresh perspectives and expertise 
to the Board, having added three new directors in the last three years
Annual board and committee performance self-assessments with 
periodic external evaluations
Regular executive sessions, where independent directors meet without 
management present
Annual election of all Directors
1
2
3
4
5
6
Specific corporate governance practices include:
32 |  VISTA OUTDOOR ESG REPORT  |  2022
Governance

Employee Spotlight
Melanie McIntyre is an Associate General Counsel for 
Vista Outdoor and a member of the Vista Outdoor 
Foundation Board of Directors. Melanie provides legal 
support for many Vista brands and has emerged as 
one of the leading voices for assisting the brands 
in complying with customer and vendor ESG and 
sustainability questionnaires and surveys. Vista Outdoor 
supports our customers and suppliers in their ESG 
journey and Melanie is an effective advocate for sharing 
Vista’s progress and supporting our customers. 
“People usually envision lawyers in a courtroom, which 
is where I thought my career would take me, and it 
did for a while. However, when I took my first in house 
position, I knew I found where I was supposed to 
be…a place where I can help prevent the courtroom 
from becoming a reality. I get great satisfaction from 
working side-by-side with my business partners 
at Vista Outdoor. Here, I have the opportunity to 
help business units solve the day’s challenge. This 
opportunity has allowed me to grow as a lawyer, 
but I have also developed into a better business 
professional.”
-MELANIE MCINTYRE  
Associate General Counsel for Vista Outdoor
Supplier Social 
Responsibility  
& Compliance
Through our Vista Outdoor Supplier Social 
Responsibility Code, Terms and Conditions of  
Purchase, and our Supply Chain Transparency 
Disclosure, we have created a system in which  
Vista Outdoor and our suppliers are expected  
to act with integrity and ethical management in all 
facets of business and supply chain management.
We also insist on ethical behavior, respect for human 
rights, including anti-human trafficking safeguards, 
through our Supply Chain Transparency Disclosure, 
Supplier Social Responsibility Code, and Conflicts 
Mineral Report.
Additional information about our Supply Chain 
Management and Accountability can be
viewed by following these links:
	 View the Vista Outdoor Supplier Social  
	 Responsibility Code (PDF)
  
	 View the Terms and Conditions of Purchase (PDF)
 
	 View the Supply Chain Transparency Disclosure
 
	 View the Conflicts Minerals Report (PDF)
33 |  VISTA OUTDOOR ESG REPORT  |  2022
Governance

Ethics and 
Compliance
Vista Outdoor was founded on the belief that doing 
what is right today builds a foundation for long-term 
success. All Vista Outdoor employees are expected 
to conduct business on behalf of the company in 
accordance with the highest ethical standards. 
Vista Outdoor maintains a comprehensive Code of 
Conduct, and a 24/7 Ethics Hotline for anyone to file 
an anonymous report of illegal or unethical conduct. 
Vista Outdoor’s Corporate Ethics and Compliance 
Department oversees all reports, which are 
investigated and concluded with an evaluation of the 
need for disciplinary and/or organizational corrective 
action. The Ethics Department regularly reports 
on ethics matters, metrics, and initiatives to the 
Company’s Board of Directors, Internal Audit, and a 
cross-functional Ethics Executive Steering Committee. 
The Ethics Department manages Vista Outdoor’s 
corporate policies and procedures under supervision 
of a cross-functional Policy Committee. Policies are 
regularly updated, made accessible to all employees, 
and communicated through multiple mediums. 
Employees are required to acknowledge receipt and 
understanding of the Code of Conduct at onboarding, 
and periodically throughout their employment. 
The Ethics Department coordinates closely with 
Internal Audit and Human Resources to regularly 
develop risk-based compliance initiatives by 
analyzing field reports, employee feedback, and 
periodic enterprise risk management exercises. All 
salaried/office employees are required to take ethics 
training credits from a menu of courses covering 
various ethics and compliance topics, including Vista 
Outdoor’s Code of Conduct, and completion of 
required ethics training is included in our employees’ 
annual performance reviews. In addition, employees 
receive regular articles on various compliance topics 
using short, straightforward language and everyday 
examples. 
The Ethics Department routinely monitors and 
benchmarks employee engagement through various 
metrics and tailors communications and campaigns 
to maximize effectiveness, comprehension and 
compliance. As a result of these and other initiatives, 
employees routinely reach out with questions and 
seek guidance on ethics-related topics before 
problems arise. 
Vista Outdoor is committed to operating in a lawful 
and ethical manner.
34 |  VISTA OUTDOOR ESG REPORT  |  2022
Governance

Data  
Security
Cyber security matters to Vista 
Outdoor, and we take it seriously.  
Our Digital Center of Excellence 
provides proactive and reactive 
cyber security services across 
the entire Vista Outdoor 
organization, giving each of our 
brands and locations access to a 
first-class team of cyber security 
professionals and capabilities. 
GOVERNANCE:
Vista Outdoor maintains an ongoing 
security strategy and roadmap, to ensure 
transparency and continually enhance 
maturity of cyber operations.
The Cyber Security organization/
Vista Outdoor reports to the Board of 
Directors on an annual basis, or more 
frequently as requested.
The Cyber Security organization/
Vista Outdoor publishes numerous 
policies related to information security, 
information protection, acceptable use 
of technology, data classification and 
handling, change management, and 
operational security.  These are reviewed 
on an annual basis, or as significant 
environmental changes occur.
SECURITY COMPLIANCE APPROACH: 
The Cyber Security organization/Vista 
Outdoor is dedicated to maintaining the 
security of the data in our care which 
includes; our customer, consumer, vendor, 
and employee information.
The Cyber Security organization/
Vista Outdoor has a team dedicated to 
configuring, monitoring, and responding 
to any indicators of threat in our 
environment.  Further, we utilize a trusted 
third party to monitor our environment 
24/7, and notify / escalate as needed.  
The Cyber Security organization/Vista 
Outdoor utilizes industry standards 
such as National Institute of Standards 
and Technology (NIST) to form 
the basis of our security strategy, 
framework, and program foundations.  
The Cyber Security organization/Vista 
Outdoor stays current with, and takes 
into account the data security and 
privacy regulatory requirements within 
the organization’s scope, and tailors 
controls and measures to maintain 
compliance with these requirements.
CULTURE:
The Cyber Security organization/Vista 
Outdoor maintains and builds a strong 
employee awareness campaign, that 
includes annual training, published 
articles, and phishing simulations to 
ensure that our employee base is 
knowledgeable in the threats that exist.
 
The Cyber Security organization/
Vista Outdoor maintains a widespread 
network of industry and cyber 
intelligence relationships, and 
is continually monitoring threat 
intelligence sources for new threat 
actors.
 
INCIDENTS/BREACHES:
Vista Outdoor has had no significant 
incidents or data breaches in the past 
five years.  
Vista Outdoor has a robust incident 
response program in the event of an 
actual or suspected incident, which 
includes processes and protocols 
required to anticipate, detect, mitigate, 
and communicate potential impacts 
of an incident on Vista Outdoor’s 
information assets, business operations, 
and reputation.  
Vista Outdoor’s processes are routinely 
updated and tested to ensure that they 
are clear, efficient and effective and that 
lessons learned are incorporated into 
the process going forward.  
35 |  VISTA OUTDOOR ESG REPORT  |  2022
Governance

Political  
Disclosures
Vista Outdoor participates in the U.S. political 
process to ensure that the corporation’s interests 
in the sporting industries, contracting, and 
outdoor recreation industries, and those of a 
large employer, are appropriately represented. 
Vista Outdoor and its employees have legitimate 
interests in public policy and decisions that are 
made by public officials and have a direct impact 
on our business. Vista Outdoor fully complies 
with all federal and state laws and regulations to 
make certain that political activity and lobbying 
expenditures are conducted in a legal, ethical 
and transparent manner and are consistent with 
Vista Outdoor’s Code of Business Ethics. All such 
activities are made solely in the interests of Vista 
Outdoor shareholders, customers and employees, 
and are not based on the personal agendas of 
individual employees, officers or directors. 
For more information, please visit the Political 
Disclosures section of our website. 
36 |  VISTA OUTDOOR ESG REPORT  |  2022

Appendix
37 |  VISTA OUTDOOR ESG REPORT  |  2022
Appendix

SASB Content Index
DISCLOSURE TITLE
LOCATION IN ESG REPORT
Recalls
15
15
Employee Safety
15
Consumer Safety
22–25, 29
Environmental
32, 34
Ethics and Compliance
33
Labor Practices
23
Waste + Hazardous Materials Management
35
Data Security
19, 20
Diversity
26–28
Packaging
38 |  VISTA OUTDOOR ESG REPORT  |  2022
Appendix

This ESG report has been designed for a digital 
viewing experience in an effort to reduce waste 
byproducts produced in print production.