[ad_1]
MILWAUKEE–(BUSINESS WIRE)–Mar 18, 2021–
Rexnord Company (NYSE:RXN) printed at this time its 2020 Sustainability Report, which makes use of the Sustainability Accounting Requirements Board (SASB) framework to report the corporate’s environmental, social and governance (ESG) methods and efficiency for the 12 months. The corporate has additionally up to date its Sustainability website to focus on the work it has performed and can proceed to do to assist empower and shield folks, communities and the planet. The report follows an announcement late final 12 months that Rexnord has been named by Newsweek as one among America’s Most Responsible Companies 2021, which thought of publicly obtainable key efficiency indicators from final 12 months’s CSR Report, firm web site and an unbiased survey.
“Our work has by no means been extra essential, as COVID-19 put a worldwide deal with what it means to offer protected, hygienic and sustainable important merchandise,” mentioned Todd Adams, Chairman, President and CEO of Rexnord Company. “With an amplified deal with our ESG efforts this 12 months, together with our new Board-level committee, the adoption of the SASB reporting framework, and the event of latest ESG Insurance policies, Rexnord will proceed to prioritize the well being and security of our associates, whereas working to offer our world with merchandise and options that improve the best way we dwell and work.”
Key highlights from Rexnord’s sustainability efforts in 2020 embody:
- Governance: Rexnord enhanced and strengthened the corporate’s overarching ESG technique –establishing Board-level oversight and a cross-functional, management-level ESG steering committee. Rexnord additionally developed new insurance policies to raised mirror its dedication to Variety & Inclusion, Human Rights, Provider Variety, Product Security, and Sustainability and the Setting.
- Setting: Rexnord continued to deal with offering sustainable and hygienic merchandise that assist prospects obtain larger useful resource effectivity in a time when the world wants them most – all whereas utilizing fewer sources extra responsibly all through the corporate’s operations. As an illustration, Zurn touchless handwashing techniques turned all of the extra essential all through the COVID-19 pandemic. Environmental efficiency highlights from 2020 embody:
- Lowering whole greenhouse fuel (GHG) emissions by 8 %, lowering whole water consumption by 21 %, and lowering whole power utilization by 8 %.
- Recycling greater than 13,700 metric tons of scrap steel worldwide whereas discovering new methods to eradicate waste.
- Enabling prospects to avoid wasting 165 million gallons of water globally by means of use of the corporate’s Run Dry options in 2020.
- And, Zurn merchandise offered in 2020 alone will save greater than 2 billion gallons of water this 12 months.
- Well being & Security: Rexnord furthered its dedication to offering each affiliate with the wanted sources to make sure their well being and security – on and off the job. This ongoing dedication turned much more essential as society confronted the unprecedented COVID-19 world well being disaster. Examples embody:
- Offering instruments and sources, PPE and coaching together with rigorous sanitization protocols all through its services, whereas additionally offering engagement alternatives to reveal gratitude and appreciation for associates, neighborhood members and native companies.
- Lowering the corporate’s Whole Recordable Incident Price (TRIR) by 43 % from 2017 by means of 2020. Rexnord’s world-class TRIR price of 0.21 was achieved by means of trainings and different security initiatives.
- Folks: Rexnord’s established supervisor improvement and internship packages enabled the corporate to put money into various and extremely succesful new expertise. Rexnord’s new Variety and Inclusion Coverage incorporates its long-standing dedication to fostering, cultivating and preserving a tradition of variety, fairness and inclusion so that each one associates really feel welcome and valued.
- Communities: With the intention to assist tackle the urgent want for racial justice, the Rexnord Basis pledged $1 million to assist racial justice and fairness initiatives. This dedication included grants to All-In Milwaukee, Boys & Ladies Membership of Higher Milwaukee, MKE Fellows, Sojourner Household Peace Heart, Subsequent Door Basis, United Group Heart and the next United Means companion companies and packages: Techquity, Group Colleges, Boys & Males of Shade, and Lowering Boundaries to Employment and Development. That is along with the $1 million pledged in donated hygienic Zurn merchandise to healthcare services to assist combat COVID-19.
For extra data on Rexnord’s 2020 ESG efforts, please go to the Sustainability website, in addition to Rexnord’s 2020 Sustainability Report.
About Rexnord
Headquartered in Milwaukee, Wisconsin, Rexnord is comprised of two strategic platforms, Course of & Movement Management and Water Administration, with roughly 6,600 staff worldwide. The Course of & Movement Management platform designs, manufactures, markets and providers specified, extremely engineered mechanical elements used inside advanced techniques. The Water Administration platform designs, procures, manufactures and markets merchandise that present and improve water high quality, security, movement management and conservation. Further details about the Firm could be discovered at www.rexnordcorp.com.
View supply model on businesswire.com:https://www.businesswire.com/news/home/20210318006036/en/
CONTACT: Investor Contact:
Rob McCarthy
Vice President, Investor Relations
414-223-1615Media Contact:
Angela Hersil
Director, Company Communications
855-480-5050
Corporate.Communications@Rexnord.com
KEYWORD: UNITED STATES NORTH AMERICA WISCONSIN
INDUSTRY KEYWORD: OTHER MANUFACTURING HARDWARE STEEL ENGINEERING CHEMICALS/PLASTICS TECHNOLOGY MANUFACTURING OTHER TECHNOLOGY
SOURCE: Rexnord Company
Copyright Enterprise Wire 2021.
PUB: 03/18/2021 06:55 PM/DISC: 03/18/2021 06:55 PM
Copyright Enterprise Wire 2021.
[ad_2]
Source link
