Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Safety
• Team Member Wellbeing
• Inclusion and Belonging
• Community Impact
• Product Safety and Quality
• Data and Cybersecurity
• Ethics and Transparency
• Regulatory Compliance
• Manufacturing Sustainability
• Product Sustainability
• Waste Management

Environmental Achievements

• 20% decrease in overall total recordable incident rate (TRIR) from 2022
• Switched from VOC paint to water-based alternatives in machinery business
• Converted all forklifts to electric power
• Updated all HVAC units to eliminate R-22
• Created a new feature for MiTek® Pamir® design software to output data for CO2 emissions calculations
• Posi-Strut®, Metal Connector Plates, and Building Hardware added to list of EPD verified products

Social Achievements

• 48% of team members volunteered or donated
• Six active Employee Resource Groups
• Implemented weekly safety inspection program using SafetyCulture platform
• Investments in robotic technologies to reduce ergonomic risks
• Expanded MiTek Gives platform to improve coordination of volunteer events and charitable campaigns
• 43 percent of MiTek team members participated in Hearts & Hands Week, giving over 5,700 volunteer hours

Governance Achievements

• Implemented Mobile Access Management (MAM) to fortify mobile security
• Established a global Governance Board overseeing IT, data, security, and workforce enablement
• Advanced network security processes to mitigate cyberattacks
• Implemented e2open, a third-party screening solution for managing imports and exports

Climate Goals & Targets

Environmental Challenges

• Building and construction responsible for 37% of global GHG emissions
• Need to reduce environmental impact of products and operations
• Managing hazardous waste
• Data collection and management for GHG footprint

Mitigation Strategies

• Conducted GHG assessments to quantify Scope 1 and 2 emissions
• Developing targeted strategies to mitigate environmental impact
• Improving data access and accuracy for emissions tracking
• Implementing changes in tooling design to minimize scrap
• Working with third-party providers for environmental permitting and waste reporting
• Exploring opportunities to leverage renewable energy sources

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• MiTek® Pamir® software with CO2 emissions calculation feature