Rogers Corporation
Climate Impact & Sustainability Data (2020, 2022, 2023, 2024-04-01 to 2024-06-30, Q2 2024)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:68,748.30 tCO2e/year (market-based)
Scope 1 Emissions:21,075.06 tCO2e/year
Scope 2 Emissions:47,673.24 tCO2e/year (market-based)
Total Energy Consumption:342,841.10 MWh/year
Water Consumption:109.66 million gallons/year
Waste Generated:31,431,905.08 pounds/year
Carbon Intensity:84.70 tCO2e per $ million USD revenue
ESG Focus Areas
- Environmental Sustainability
- Social Responsibility
- Good Governance
Environmental Achievements
- Reduced NOx emissions by two-thirds at a China facility.
- Completed a full lighting upgrade to 100% LED fixtures at Rhode Island facility.
- Converted from #2 and #4 fuel oils to natural gas at Moosup, Connecticut facility.
- Belgium operations reduced natural gas usage by 15% and electricity by 12% (normalized for production).
- Germany site certified to ISO 50001 for Energy Management Systems.
- Completed first greenhouse gas (GHG) emissions inventory following the GHG Protocol Corporate Standard.
- Saved $6,000 by recycling intermediate bulk containers.
- Water recycling project projected to save up to $80,000 per year.
Social Achievements
- 100% of global employees participated in safety initiatives.
- Formalized Diversity & Inclusion program.
- Launched TOGETHER, We Are Connected campaign focused on mental wellness.
- Awarded nine Rogers Corporation Scholarships, one Richard C. Berry Scholarship, and one John P. Foley Award.
- Donated approximately 20,000 KN95 masks to local organizations.
- Donated 1,000 masks to a local city COVID-19 task team in Suzhou, China.
- Donated PORON® Comfort insoles to frontline workers.
Governance Achievements
- Consolidated ESG activities under a newly-formed ESG Reporting Steering Committee.
- Consolidated Board’s ESG oversight under the renamed Nominating, Governance & Sustainability Committee.
- Maintained operations to deliver solid financial returns and mitigate risk for shareholders.
- Implemented a confidential and anonymous ethics hotline.
Climate Goals & Targets
Environmental Challenges
- COVID-19 pandemic impact on operations and employee well-being.
- Competition
- Geopolitical uncertainty
- Technology innovation
- Managing climate-related transition and physical risks.
Mitigation Strategies
- Established a global, cross-functional team to coordinate COVID-19 response.
- Implemented restricted access protocols, social distancing, and enhanced disinfection protocols.
- Provided benefit enhancements, including expanded work-from-home policies and incentive pay.
- Established facility-specific business continuity plans.
- Implemented multi-site production capabilities and supplier contingency planning.
Supply Chain Management
Responsible Procurement
- Supplier Onboarding Survey
- Code of Business Ethics
Climate-Related Risks & Opportunities
Physical Risks
- Disruptions due to extreme weather events
Transition Risks
- Regulatory changes, market shifts
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI, SASB, TCFD
Certifications: ISO 9001, ISO 14001, ISO 50001, AS 9100, IATF 16949, IRIS Certification
Sustainable Products & Innovation
- PORON® ReSource (46% less petroleum-based chemicals)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Greenhouse gas emissions
- Employee health and safety
Environmental Achievements
- Third-party verification of greenhouse gas emissions for 2021 and 2022
Social Achievements
- Extended reporting of employee health and safety metrics
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
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: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:60701.98 tCO2e/year (Scope 1 & 2 Market-Based)
Scope 1 Emissions:21,308.09 tCO2e/year
Scope 2 Emissions:39,393.89 tCO2e/year (Market-Based)
Renewable Energy Share:100% at Evergem, Belgium (starting Spring 2024)
Total Energy Consumption:234,654.64 MWh/year
Water Consumption:103,085,290 gallons/year
Waste Generated:16,346,240 lbs hazardous waste/year; 30,105,008 lbs non-hazardous waste/year
ESG Focus Areas
- Climate Change
- Environmental Stewardship
- Employee Safety and Development
- Diversity, Equity, and Inclusion
- Corporate Governance
- Ethical Business Practices
Environmental Achievements
- Reduced Scope 1 and Scope 2 GHG emissions at manufacturing sites by 15.2% between 2021 and 2023.
- Achieved nearly 10% capacity utilization improvement in curamik® operations in 2023.
- Installed new LED lights at facilities in Chandler, Arizona and Woodstock, Connecticut in 2022.
- Sourcing 90% of electricity supply from hydropower at Eschenbach, Germany facility in 2022.
- Installed automated lighting at Narragansett, Rhode Island facility in 2023.
- Commissioned a propane-fueled process heater replacing a fuel oil burning unit at Woodstock, Connecticut facility in 2023, reducing emissions by 16%.
- Collaborated with a neighbor at Evergem, Belgium site in the construction of a wind turbine to meet 100% of Evergem’s electricity needs starting in spring 2024.
- Replaced fluorescent lamps with energy-efficient LEDs at Budapest, Hungary facility in 2023 and implemented motion sensors.
- Reprocessed 100% of intermediate bulk containers through tote recycling initiative in 2023.
- Consistently recycled around 60% of total non-hazardous waste over the last several years.
Social Achievements
- Introduced The Serious 10 Safety Rules and conducted a global campaign to increase awareness.
- Four facilities achieved zero recordable injuries in 2023.
- Offered a global Situational Leadership development training program in 2023.
- Offered multiple employee development programs including My Development Program, Technical Expert Development Program, and STAR Frontline Leadership Program.
- Launched the D! Learning Program/LMS for all salaried employees.
- Established Employee Resource Groups (ERGs): Women @ Rogers, Mental Health Alliance, and Early Career Development.
- Achieved over 99% completion rate on DEI-related training programs in 2023.
- Launched the “We are Rogers” employee engagement campaign and published “The Impact of Innovation: The Rogers Story.”
Governance Achievements
- Board’s Nominating, Governance and Sustainability Committee oversees sustainability initiatives.
- Audit Committee examines and evaluates disclosure controls and procedures related to ESG reporting.
- ESG topics reviewed bi-annually by the Board of Directors.
- Maintains a confidential and anonymous ethics hotline for reporting potential violations.
Climate Goals & Targets
Medium-term Goals:
- Reduce Scope 1 and Scope 2 GHG emissions at manufacturing sites by 20% by 2030 (baseline year 2022)
Environmental Challenges
- Supply chain disruptions (implied, not explicitly stated)
- Data security risks in products (addressed as not applicable)
Mitigation Strategies
- Dual-sourcing, product standardization, and building buffer inventory for critical materials.
- Internal reviews as part of supplier selection and maintenance processes.
Supply Chain Management
Supplier Audits: Internal reviews conducted; no independent RBA audits.
Responsible Procurement
- Supplier Onboarding Survey
- Code of Business Ethics provided to suppliers
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB (Technology & Communications Sector), GHG Protocol Corporate Standard
Certifications: ISO 14001:2015 (EU and China operations)
Third-party Assurance: Cameron-Cole (Limited assurance on GHG data)
Sustainable Products & Innovation
- PORON® ReSource (soy-based polyurethane)
- PORON EVExtend®
Reporting Period: 2024-04-01 to 2024-06-30
Environmental Metrics
ESG Focus Areas
- Climate Change
- Energy Consumption
- GHG Emissions
- Water Usage
- Employee Safety
- Employee Development
- Employee Recognition
- Ethics
- Integrity
- Compliance
Environmental Achievements
- Progress made to reduce energy consumption, GHG emissions and water usage in our operations
- A commitment to achieve a 20% reduction in Scope 1 and Scope 2 GHG emissions by 2030
Social Achievements
- Focus on employee safety, development, and recognition
Governance Achievements
- Ongoing dedication to conducting business with ethics and integrity and fostering a culture of compliance
Climate Goals & Targets
Medium-term Goals:
- A commitment to achieve a 20% reduction in Scope 1 and Scope 2 GHG emissions by 2030
Environmental Challenges
- Demand environment remains uneven as higher sales in key markets were tempered by higher customer inventory levels
- AES EV/HEV and industrial sales lower impacted by near-term inventory management at key customers
- Macro conditions showing little improvement as regional economic challenges weigh on demand
Mitigation Strategies
- Implemented additional manufacturing footprint actions to better meet customer needs and further improve cost structure
- Cost reduction actions to address underutilization in AES from lower power substrate sales
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: Q2 2024
Environmental Metrics
ESG Focus Areas
- Reducing CO2 emissions
- Reducing energy consumption
- Reducing GHG emissions
- Reducing water usage
- Employee safety
- Employee development
- Employee recognition
- Ethical business conduct
- Compliance
Environmental Achievements
- Progress made to reduce energy consumption, GHG emissions and water usage in our operations
- Commitment to achieve a 20% reduction in Scope 1 and Scope 2 GHG emissions by 2030
Social Achievements
- Focus on employee safety, development, and recognition
Governance Achievements
- Ongoing dedication to conducting business with ethics and integrity and fostering a culture of compliance
Climate Goals & Targets
Medium-term Goals:
- Achieve a 20% reduction in Scope 1 and Scope 2 GHG emissions by 2030
Environmental Challenges
- Uneven demand environment with higher customer inventory levels
- Lower EV/HEV and industrial sales impacted by near-term inventory management at key customers
- Regional economic challenges weighing on demand
Mitigation Strategies
- Implemented additional manufacturing footprint actions to better meet customer needs and further improve cost structure