Climate Change Data

TriMas Corporation

Climate Impact & Sustainability Data (2020, 2021, 2022)

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Governance & Ethics
  • People
  • Environment
  • Products

Environmental Achievements

  • 100% of manufacturing facilities operate to ISO 14001 standards
  • ~30% of manufacturing sites are independently certified to the ISO 14001 Environmental Management Standard
  • 79% of our manufacturing facilities have zero industrial waste water discharges
  • 100% of locations, that have industrial discharges, have pretreatment systems to minimize pollutants sent to publically owned treatment plants
  • 90% of our manufacturing locations are either very small or small quantity generators of hazardous waste
  • 100% of our manufacturing locations engage in recycling programs
  • None of our manufacturing facilities are considered a major air emission source
  • 72% of our manufacturing locations are exempt from permitting due to the low volume of emissions
  • Longview, Texas, facility received the Pretreatment Water Excellence Award from the City of Longview

Social Achievements

  • Launched an annual recognition program to honor the best performing Environmental, Health and Safety (EHS) facilities globally
  • Rieke facility in Baddi, India, adopted a primary education school
  • TriMas Aerospace team supports Habitat for Humanity
  • Taplast facility in Italy provides support for local youth sports teams
  • Employees of TriMas’ Arrow Engine business held a drive in support of Soy Venezuela
  • Employees supported various community and non-profit organizations, including Toys-for-Tots and local food banks

Governance Achievements

  • Annual review of corporate governance practices and sustainability strategy by the Board of Directors
  • Annual review of enterprise risk management process by the Board, including environmental, social, supply chain and governance matters
  • Implementation of the TriMas Business Model (TBM) reinforced commitment to employee safety and health, as well as environmentally-friendly practices
  • All employees required to adhere to the Code of Conduct
  • Annual ethics and compliance training for salaried employees

Climate Goals & Targets

Short-term Goals:
  • Reduce water consumption
  • Reduce virgin plastic introduced in the environment by 2025

Environmental Challenges

  • COVID-19 pandemic impacting plant audits and operations
Mitigation Strategies
  • Conducting virtual audits where necessary

Supply Chain Management

Responsible Procurement
  • Social Compliance Policy requirement for suppliers
  • Commitment to responsible sourcing and conflict minerals

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Mono™-2e Single Material Dispensing Pump
  • Composi-Lok®4 Aerospace Fastener
  • AllPlasticTM Bellows Pump
  • Hydrogen Cylinders for Fuel Cell Power
  • Linfa Dispensing Pump
  • Rapak® Bag-in-Box Product Offering
  • Lightweight ISO Steel Cylinders
  • LDS™-2e Lotion Pump

Awards & Recognition

  • 2020 Finalist of the Sustainability Packaging Coalition Innovator Awards (Rieke Mono-2e pump)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Governance & Ethics
  • People
  • Environment
  • Products

Environmental Achievements

  • 100% of manufacturing facilities operate to ISO 14001 standards
  • Approximately 30% of manufacturing sites are independently certified to the ISO 14001 Environmental Management Standard
  • 67% of manufacturing facilities have zero industrial wastewater discharges
  • 93% of manufacturing locations are either very small or small quantity generators of hazardous waste
  • None of our manufacturing facilities are considered a major air emission source
  • Neunkirchen, Germany facility received ISO 50001 accreditation for energy management systems
  • Commerce, California facility installed a wastewater evaporator reducing oily wastewater volume by more than 95% and nitrogen oxide emissions by 60%
  • Commerce, California team's Kaizen event in CNC machining operation increased tooling life by 51%, decreased oil filter usage by 65%, and decreased component failures by 95%

Social Achievements

  • 85% of U.S. employees participated in a TriMas medical/prescription drug plan in 2021
  • 87% of TriMas’ employees in the U.S. participated in TriMas’ 401(k) retirement savings program as of year-end 2021
  • 80% of participants across 14 locations completed the TriMas 10K-A-Day Walking Challenge
  • Nearly 650 salaried employees completed Gallup’s Q12 Employee Engagement Survey with an 86% participation rate. Employees’ categorical engagement is 3% higher than other first year clients.
  • TriMas Aerospace launched a Leadership Development Program
  • Launched the TriMas Foundation to support underserved groups and communities

Governance Achievements

  • Formalized ESG Committee with Steering and Action Committees
  • Annual review of corporate governance practices and sustainability strategy by the Board
  • Regular review of TriMas’ enterprise risk management process by the Board
  • Quarterly updates on information and cybersecurity status to the Board
  • Annual ethics and compliance training for all employees
  • Affaba & Ferrari achieved Gold status in EcoVadis corporate social responsibility ranking

Climate Goals & Targets

Medium-term Goals:
  • Meaningfully reduce our usage of virgin plastic by 2025
Short-term Goals:
  • Conduct a materiality assessment in early 2022 to further shape our sustainability strategy and prioritize our ESG initiatives.

Environmental Challenges

  • Minimizing environmental impact of operations
  • Improving employee engagement
  • Increasing diversity, equity, and inclusion
  • Managing risks associated with global operations and supply chain
Mitigation Strategies
  • Implementing ISO 14001 environmental management system
  • Conducting employee engagement surveys and implementing action plans
  • Developing and implementing diversity, equity, and inclusion initiatives
  • Formalizing ESG Committee and enterprise risk management process
  • Partnering with suppliers to ensure sustainability throughout the supply chain

Supply Chain Management

Responsible Procurement
  • Social Compliance Policy requiring suppliers to conduct business in a socially responsible manner
  • Responsible Sourcing and Conflict Minerals Policy

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB, TCFD

Certifications: ISO 14001, ISO 45001, ISO 50001 (Neunkirchen, Germany facility)

Sustainable Products & Innovation

  • MonoTM-2e pump
  • SingoloTM pump
  • AllPlasticTM Bellows Pump
  • Tethered cap solutions
  • Linfa Dispensing Pump
  • Composi-Lok4 Aerospace Fastener
  • A54-E Engine

Awards & Recognition

  • EcoVadis Gold status (Affaba & Ferrari)
  • ISO 50001 (Neunkirchen, Germany facility)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:19,647 metric tons CO2e
Scope 1 Emissions:19,011 metric tons CO2e
Scope 2 Emissions:43,350 metric tons CO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:<1%
Total Energy Consumption:263,200,000 kWh
Water Consumption:68.5 million gallons
Waste Generated:Not disclosed
Carbon Intensity:0.298 kWh of energy per U.S. dollar of net sales (2022)

ESG Focus Areas

  • Governance & Ethics
  • People
  • Environment
  • Products

Environmental Achievements

  • Reduced combined Scope 1 and Scope 2 emissions by 5% since 2019 despite a more than 20% increase in consolidated net sales.
  • Reduced Energy Intensity by 17% since 2019.
  • Reduced water intensity by ~50% since 2019.
  • Decreased VOC emissions by 6% since 2019.

Social Achievements

  • Launched an employee well-being program in 2023 focused on positive mental health and well-being.
  • Administered an employee engagement survey globally with 88% participation rate.
  • Reinforced dedication to Diversity, Equity and Inclusion (DEI) by providing third-party training to top-level management.

Governance Achievements

  • Appointed a Senior Director of ESG to lead the company’s ESG Action Committee.
  • Became a signatory of the UN Global Compact (UNGC) in February 2023.
  • Introduced an enhanced Supplier Code of Conduct.

Climate Goals & Targets

Long-term Goals:
  • Reduce carbon emissions (ongoing commitment)
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Supply chain disruptions
  • Climate change impacts (implied)
Mitigation Strategies
  • Investing in technology to better capture, measure and reduce variables leading to energy consumption, greenhouse gas emissions and waste.
  • Developing alternative sourcing strategies (implied)

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct
  • Responsible sourcing efforts including support of Dodd-Frank Act Section 1502

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: SASB, TCFD, UNGC

Certifications: ISO 14001, ISO 45001, ISCC PLUS (Taplast facility)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Fully aligned with the United Nations Sustainable Development Goals (SDGs).

Sustainable Products & Innovation

  • Singolo dispensing pump
  • Mono-2e pump
  • AllPlastic bellows technology pump
  • TaperStack food caps
  • Bag-in-box flexible packaging
  • Composi-Lok4 aerospace fastener
  • A54-E engine platform

Awards & Recognition

  • TriMas EHS Flag Award Program
  • EcoVadis ratings (gold, silver, bronze)