Atkore Inc.
Climate Impact & Sustainability Data (2022-10 to 2023-09)
Reporting Period: 2022-10 to 2023-09
Environmental Metrics
Total Carbon Emissions:55.8 metric tons CO2e/million USD (2023)
Scope 1 Emissions:23.9 thousand metric tons CO2e (2023)
Scope 2 Emissions:98 thousand metric tons CO2e (2023)
Renewable Energy Share:0.24% (2023)
Total Energy Consumption:1.38 million Gigajoules (GJ) (2023)
Water Consumption:848 ML (2023)
Waste Generated:2.4 thousand metric tons (hazardous waste) (2023)
Carbon Intensity:55.8 metric tons CO2e/million USD (2023)
ESG Focus Areas
- Climate Change
- Carbon Emissions
- Energy
- Product Life Cycle
- Sustainable Products
- Waste
- Water
- Community Engagement
- Corporate Philanthropy
- Diversity, Equity, and Inclusion (DEI)
- Employee Attraction, Development, and Retention
- Employee Engagement and Culture
- Employee Well-Being
- Health and Safety
- Human Rights
- Business Continuity and Resilience
- Corporate Governance
- Cybersecurity
- Ethics and Compliance
- Materials Sourcing and Supply Chain
- Product Quality and Safety
- R&D and Innovation
Environmental Achievements
- Achieved significant natural gas savings at Harvey, Illinois plant (17% reduction from 2021)
- Implemented energy efficiency projects in New Bedford, Massachusetts facility, leading to significant energy savings
- Phoenix, Arizona facility began installing solar carports with EV charging stations and solar panels
- Hobart, Indiana facility utilizes leading technology in air emissions, energy, and water management systems to minimize environmental impact (zero wastewater discharge)
Social Achievements
- Achieved Health and Safety goal and Employee Attraction, Development, and Retention goal two years ahead of 2025 target
- Received a score of 100 on the Human Rights Campaign Corporate Equality Index (HRC CEI)
- Expanded community engagement and corporate philanthropy efforts through partnerships with various organizations
- Designated over 60 DEI Champions across sites to coordinate DEI initiatives
- Embedded mandatory DEI awareness trainings into onboarding
Governance Achievements
- Increased Board diversity to 44%
- Began development of a Supplier ESG Assessment program (expected to launch in 2024)
- Achieved a 100% supplier response rate to the Responsible Minerals Initiative Conflict Minerals Reporting Template
- Achieved a 96% completion rate for anti-corruption training
Climate Goals & Targets
Medium-term Goals:
- Achieve 30% diversity across the Senior Leadership Team by 2025
- Increase participation in Employee Engagement and Alignment Survey to 80% by 2025
- Increase percentage of sites meeting their annual Team-Based Safety Observation (TBSO) targets to 80% by 2025
Short-term Goals:
- Reduce Scope 1 and Scope 2 GHG intensity by 10% by 2025 vs. 2020 baseline
Environmental Challenges
- Impact of recent acquisitions, organic growth expansion initiatives, and a fire-related incident on emissions reduction
- Potential for increased risks from climate change impacting physical assets, employee health and safety, suppliers, and transportation/distribution networks
- Transition risks associated with a lower carbon future, including increased operational costs from carbon pricing policies and increased costs for key input materials
Mitigation Strategies
- Continued development of climate risk management strategy, leveraging TCFD-aligned scenario analysis
- Launched internal emissions reduction targets at highest emitting sites
- Onboarded an Energy Manager at Harvey, Illinois headquarters
- Implemented strong flood prevention and mitigation measures at high-risk sites
- Efforts to reduce operational GHG emissions, reuse and recycle raw materials
Supply Chain Management
Responsible Procurement
- Supplier ESG Assessment program (to launch in 2024)
- Responsible Minerals Initiative Conflict Minerals Reporting Template
Climate-Related Risks & Opportunities
Physical Risks
- Flooding
- Water stress
- Extreme temperatures
- Hurricanes
- Wildfires
Transition Risks
- Carbon pricing policies
- Regulatory obligations
- Changes in renewable energy and energy-efficient technology
- Market risks
- Changing customer preferences and stakeholder concerns
Opportunities
- Market expansion opportunities for electrical products in a low-carbon future
- Increased demand for electrical products due to climate-resilient infrastructure
Reporting Standards
Frameworks Used: GRI Standards, SASB Standard for Electrical & Electronic Equipment, TCFD Index
Sustainable Products & Innovation
- Solar products
Awards & Recognition
- Great Place to Work® Certified
- Ecovadis Bronze Sustainability Rating
- America’s Climate Leaders
- Top Workplaces Award
- America’s Most Responsible Companies
- America’s Greenest Companies
- EY Entrepreneur of the Year Midwest Award
- RoSPA Industry Sector Health & Safety Award
- MSCI ESG Ratings assessment (AA)
- Forbes’ Top 100 Midsize Companies
- Two tED magazine “30 Under 35” winners
- Five Top Workplaces cultural excellence subcategory awards
- RoSPA Silver Award for Health & Safety