Accuride Corporation
Climate Impact & Sustainability Data (2018, 2021)
Reporting Period: 2018
Environmental Metrics
ESG Focus Areas
- Environmental Sustainability
- Safety
- People Development
- Diversity and Inclusion
- Social Responsibility
- Supplier Responsibility
- Governance
Environmental Achievements
- Reduced diesel fuel consumption by 5 tons (18.8% reduction) at Jining, China facility due to new weld dust collection system.
- Invested over 3.2 million Euro in eight European and Asian facilities to reduce energy consumption and environmental impact.
- 92% of global manufacturing plants achieved ISO 14001-2015 certification.
- 38% of manufacturing plants in Europe and Asia achieved ISO 50001:2001 certification for energy management.
- Transitioned five diesel fork trucks to all-electric fork trucks in Jining, China facility.
Social Achievements
- Exceeded $20,000 United Way campaign goal, raising $23,822 with 92% associate participation.
- Supported Habitat for Humanity of Evansville.
- Participated in adopt-a-family program with Indiana National Guard’s Family Services unit and supported Albion Fellows Bacon Center.
- Sponsored Convoy for Cash initiative supporting Tri-State Four Freedoms Veterans Parade.
Governance Achievements
- Strong corporate governance program in place, including a Code of Conduct and whistleblower hotline.
Climate Goals & Targets
Environmental Challenges
- Meeting new emissions regulations.
- Reducing environmental impact of newly acquired facilities in Europe and Asia.
Mitigation Strategies
- Developed lightweight products (Accu-Lite® Steel Wheels, Quantum 99™ aluminum wheel, Gunite GOLD brake drums, KIC Trident brake drum).
- Invested in energy efficiency improvements (compressed air systems, building energy loss reduction, water cooling systems, paint system insulation, LED lighting, power system upgrades).
- Implemented initiatives to reduce diesel fork truck usage and transition to electric versions.
- Improved wastewater systems, oil/water separator technology, and indoor air quality.
Supply Chain Management
Responsible Procurement
- Code of Conduct for Suppliers
- Expectations for Supplier Compliance with Regulations (Health & Safety, Environmental Protection, Toxic Materials, Free Trade)
- Conflict Minerals Policy
- ELV Directive Compliance
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Accu-Lite® Steel Wheels
- Quantum 99™ aluminum wheel
- Gunite GOLD lightweight brake drums
- KIC Next Generation Trident Series brake drum
Awards & Recognition
- United Way’s Annual “GIVE” Award (2017)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Environmental Sustainability
- Safety
- Diversity and Inclusion
- Social Responsibility
- Supplier Responsibility
- Governance
Environmental Achievements
- 92% of global manufacturing plants achieved ISO14001-2015 certification.
- Invested over 3.2 million Euro in Europe and Asia facilities to reduce energy consumption and environmental impact.
- Achieved recycling goal of 100K pounds recycled/landfill reduction.
- All fork trucks within manufacturing facilities converted to all-electric versions, emitting zero exhaust.
Social Achievements
- AccuSafe - Zero Harm Sustainable Safety Culture initiative launched.
- Donations to Ronald McDonald House, Junior Achievement, St. Vincent Early Learning Center, and various community organizations.
- Donations to families impacted by 2021 European floods, development of a new playground for disabled children, and tree seedlings to aid in wildfire restoration in Turkey.
Governance Achievements
- Strong corporate governance program in place, including a Code of Conduct and whistleblower policy.
- Commitment to supplier diversity through Supplier Diversity Program (SDP).
Climate Goals & Targets
Environmental Challenges
- Reducing energy consumption and environmental impact in manufacturing facilities.
- Maintaining a safe work environment and preventing injuries.
Mitigation Strategies
- Investment in energy efficiency projects (e.g., power regulation, LED lighting upgrades).
- AccuSafe Zero Harm Culture initiative, focusing on incident prevention and employee commitment to safety.
Supply Chain Management
Responsible Procurement
- Expectations of Suppliers section outlines ethical standards, compliance with regulations, and environmental management system requirements (ISO 14001 recommended).
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ISO 14001-2015
Certifications: ISO 14001-2015 (92% of global manufacturing plants)
Sustainable Products & Innovation
- Accu-Lite® Steel Wheels, Gunite GOLD© lightweight brake drums