Climate Change Data

Hyster-Yale Materials Handling, Inc.

Climate Impact & Sustainability Data (2021-01 to 2023-12)

Reporting Period: 2021-01 to 2023-12

Environmental Metrics

Total Carbon Emissions:17,256 MT CO2 / 1000 SOE (2022)
Scope 1 Emissions:17,558 MT CO2 (2022)
Scope 2 Emissions:30,516 MT CO2 (2022)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:99,395 MWh (2022)
Water Consumption:53,769,000 L (2022)
Waste Generated:24,484 MT (2022)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Our People
  • Our Business
  • Our World

Environmental Achievements

  • Reduced carbon emissions by 32% from 2015 baseline (2022 data)
  • Reduced VOC emissions from painting operations by 44% from 2015 baseline (2022 data)
  • Reduced normalized landfilled waste by 39.76% from 2015 baseline (2022 data)
  • Reduced normalized water consumption by 28.96% from 2015 baseline (2022 data)
  • Achieved zero waste to landfill at Sulligent, Alabama facility (March 2023)
  • Developed the world’s first top-pick container handler powered by Nuvera® hydrogen fuel cells, estimated to reduce carbon emissions by 127 tons per year of continuous operation.

Social Achievements

  • Maintained industry-leading safety results while reducing carbon footprint
  • Launched Leadership Exploration and Development (LEAD) program for women, with 57 graduates remaining with the company and 18 promoted.
  • Established various Employee Resource Groups (ERGs)
  • 100% completion rate for Code of Corporate Conduct training for Salary Grade 17 and above (2022 and 2023)
  • Global employee engagement survey (2022) with 59% participation rate, highlighting areas of strength and opportunity.

Governance Achievements

  • Strong, independent Board of Directors with six committees for effective oversight
  • Robust corporate governance program founded on effective oversight, a strong independent board, responsible compensation, and auditing and accounting integrity.
  • Implemented a Whistleblower Policy (“Speak Up Policy”) with an anonymous compliance Alertline.

Climate Goals & Targets

Long-term Goals:
  • Reduce carbon emissions by 30%
  • Reduce hazardous waste by 30%
  • Reduce VOC emissions from painting operations by 30%
  • Reduce water consumption by 20%
  • Achieve zero waste to landfill at all sites
  • Reduce annual injury and illness rates to zero
Medium-term Goals:
  • Continue to strive toward achievement of our 2026 Aspirations Program
Short-term Goals:
  • Pursue a double materiality assessment
  • Promote internal education and awareness for Corporate Responsibility
  • Strengthen EcoVadis submission results

Environmental Challenges

  • Supply chain disruptions and component shortages
  • Achieving zero waste to landfill across all sites
  • Reducing annual injury and illness rates to zero
Mitigation Strategies
  • Close collaboration with suppliers to ensure product readiness and responsible operations
  • Implementation of site-specific energy policies and waste management procedures
  • Ongoing initiatives and campaigns to increase awareness of recycling capabilities
  • Focus on safety training and accountability

Supply Chain Management

Supplier Audits: 40% of suppliers evaluated in 2022 (37% of global procurement spend)

Responsible Procurement
  • Code of Conduct for Business Partners
  • Supplier Expectations Manual (SEM)
  • Human Rights Policy
  • Forced Labor Statement
  • Conflict Minerals Reporting Template (CMRT)

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products
  • Investment in electrification solutions

Reporting Standards

Frameworks Used: The Climate Registry (TCR), GHG Protocol

Certifications: ISO 14001:2015, ISO 45001:2018, ISO 9001:2015

Third-party Assurance: Third-party assurance for GHG emissions data (name not specified)

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Lithium-ion battery-powered lift trucks
  • Hydrogen fuel cell-powered lift trucks

Awards & Recognition

  • EcoVadis Silver medal rating (2023)
  • EcoVadis Gold medal rating (EMEA division)
  • EPA Emissions Certification
  • GOOD Design Award (2022)
  • Inbound Logistics Green Supply Chain Partner (Hyster® and Yale®)
  • World Hydrogen Awards finalist (2023)
  • Fast Company Innovation by Design Award finalist (2023)
  • Food Logistics Magazine Top Software and Technology Provider (Yale®)
  • Edison Award™ (2023)
  • Archies Award for Excellence (2022)