April 15, 2022
(press release)
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Rivian Automotive, Inc. (“Rivian”) today announced the hiring of Anisa Kamadoli Costa as the company’s Chief Sustainability Officer, effective April 18, 2022. Anisa most recently held the position of Chief Sustainability Officer at Tiffany & Co. and Chairman and President of the Tiffany & Co. Foundation. At Rivian, she will be responsible for the company’s sustainability roadmap for both the business and its products, and will help lead Forever, its philanthropic mission that includes the Rivian Foundation and Forever by Rivian, Inc., the social welfare organization that Rivian established at its initial public offering (“IPO”) with 1% of its pre-IPO equity – 8.3 million shares. Anisa is the company’s first Chief Sustainability Officer and will report directly to Rivian’s Chief Executive Officer, RJ Scaringe. During her nearly two decades at Tiffany & Co., Anisa developed and led the company’s industry-leading, metrics-driven environmental, social and governance (ESG) agenda, and strategically aligned the company’s philanthropy with its sustainability priorities centered on responsible mining, the oceans, and land conservation. Under Anisa’s leadership, Tiffany & Co. consistently earned top sustainability ratings and was ranked #4 on Barron’s “Most Sustainable Companies” list in 2020, when the company was publicly traded. Anisa holds a bachelor’s degree from Barnard College and a master’s degree in international affairs from Columbia University, and completed Harvard Business School’s Program for Leadership Development. "We could not be more thrilled to welcome Anisa to our leadership team,” says Rivian Chief Executive Officer RJ Scaringe. “Across the organization, she will help us integrate environmental and social impact into our decisions. The sustainability strategies we set today will have lasting influence on our company and our world, and Anisa's mindset positions her extremely well to lead and drive these critical activities." Rivian anticipates achieving carbon neutrality by 2028 in its own operations – referred to as Scope 1 and 2 emissions by Greenhouse Gas Protocol, the world’s most widely used greenhouse gas accounting standards – and by 2032 for Scope 3 categories along Rivian’s full value chain, from suppliers to owner vehicle charging. At Rivian, Anisa will be responsible for the company’s overall sustainability roadmap with a focus on climate and environment. She will oversee accounting of carbon emissions and other sustainability metrics, enabling data to be embedded into operations to inform decisions company-wide, including those about product design, manufacturing, energy and charging infrastructure, materials sourcing, responsible mining, and aggressive waste management. Anisa will drive progress in ways that holistically consider the social and environmental aspects of any course of action. As an experienced philanthropic executive, Anisa will also help drive alignment between the company’s sustainability priorities and Forever’s grant-making dedicated to high-impact climate initiatives that include preserving and restoring wildlands, waterways, and oceans, and protecting the critical biodiversity needed for our planet’s long-term survival. “Sustainability is at the core of Rivian’s mission and with this important addition to the leadership team, the company’s structure reflects that,” said Rose Marcario, board member and chair of the Planet & Policy Committee. “We’re giving the natural world, our communities and future generations a seat at the table, which is fundamental as we work to build a more livable world.” Forward-Looking Statements: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding the timing of our achieving carbon neutrality. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “forecasts,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions, although not all forward-looking statements use these words or expressions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition, and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements, including, but not limited to, the important factors discussed in Part I, Item 1A, “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2021, and our other filings with the Securities and Exchange Commission. The forward-looking statements in this press release are based upon information available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely upon these statements. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change. Investor Contact Media Contact Rivian exists to create products and services that help our planet transition to carbon neutral energy and transportation. Rivian designs, develops, and manufactures category-defining electric vehicles and accessories and sells them directly to customers in the consumer and commercial markets. Rivian complements its vehicles with a full suite of proprietary, value-added services that address the entire lifecycle of the vehicle and deepen its customer relationships. Learn more about the company, products, and careers at rivian.com.
Tim Bei
ir@rivian.com
Amy Mast
media@rivian.com
About Rivian
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