Climate Change Data

Orchid Orthopedic Solutions

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Health and Safety
  • Employee Development
  • Customer Service
  • Community Engagement
  • Environmental Sustainability
  • Governance

Environmental Achievements

  • Started disclosing annually to the Carbon Disclosure Project (CDP)

Social Achievements

  • Launched Impact Academy, an employee engagement program
  • Launched Women in Manufacturing Employee Resource Group (ERG)
  • Improved onboarding process, resulting in a 10% reduction in turnover and a 25% increase in productivity at the Bridgeport facility
  • Various community engagement initiatives resulting in donations and volunteer work

Governance Achievements

  • Maintained processes for managing bribery and corruption, and human rights risks
  • Maintained Ethics Point service for reporting
  • Cybersecurity strategy in place

Climate Goals & Targets

Environmental Challenges

  • High turnover in the manufacturing industry
  • Understanding and limiting environmental impact
Mitigation Strategies
  • Building resilient learning and training programs to decrease turnover and increase productivity
  • Annual reporting to CDP to better understand carbon footprint

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: CDP