Climate Change Data

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ISO 9001, ISO 17025, ANSI Z540

Certifications: ISO 9001, ISO 17025

Third-party Assurance: DEKRA

Environmental Metrics

ESG Focus Areas

• Employee Safety & Wellbeing
• Support of Communities
• Commitment to Board Refreshment, Diversity and Governance

Social Achievements

• Initiated a United Way program, matching employee contributions dollar for dollar.
• Created new socially responsible global policies.
• Provided a series of workshare programs, three separate hazard bonuses for essential workers, a holiday bonus and two separate and extra paid days off.

Governance Achievements

• Appointed two new independent directors and two new executive officers.
• Added a military veteran and acquisition and valuation expertise to the board.

Climate Goals & Targets

Environmental Challenges

• One of the most challenging operating environments in our company’s history due to the COVID-19 pandemic.
• Negative impact on Distribution business due to market environment.
• Supply chain disruptions due to the COVID-19 pandemic.

Mitigation Strategies

• Increased exposure to highly regulated end markets (life sciences).
• Continued investment in long-term strategic differentiators (technology infrastructure, automation, process improvement).
• Strengthened senior team with experienced executives.
• Implemented hazard pay for essential workers.
• Temporarily closed Rochester corporate offices and shifted non-essential employees to work from home.
• Instituted travel bans and restrictions.
• Created a COVID-19 task force to ensure safety.
• Implemented work share programs and bonuses for employees.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Hurricanes
• Adverse weather events

Reporting Standards

Frameworks Used: ISO/IEC 17025:2017

Certifications: ISO/IEC 17025:2017

Environmental Metrics

ESG Focus Areas

• Diversity, Equity and Inclusion
• Environmental Sustainability
• Social Responsibility
• Governance

Environmental Achievements

• Adopted a Global Environmental Policy reflecting commitment to environmentally sustainable business practices and compliance with environmental, health, and safety obligations.

Social Achievements

• Implemented a Community Engagement program with paid employee volunteer hours.
• Established a Community Crisis Support fund.
• Launched a Diversity Scholarship program.
• Created a Calibrated Wellness Program including wellness resources, health education, pharmaceutical cost guidance, and a no-cost Employee Assistance Program.
• Developed Transcat U, a technician training program.

Governance Achievements

• Adopted a Policy on Recoupment of Incentive Compensation (clawback policy).
• Adopted an anti-hedging policy.
• Established a minimum stock ownership objective for NEOs.
• Maintained a classified board of directors with staggered three-year terms.
• Separated the roles of Chief Executive Officer and Chairman of the Board.

Climate Goals & Targets

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Launched Calibrated Wellness Program, including wellness resources, health education, pharmaceutical cost guidance, and a no-cost Employee Assistance Program.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO/IEC 17025:2017

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed