Climate Change Data

Environmental Metrics

ESG Focus Areas

• People
• Products
• Operations
• Growth Strategies
• Sustainability

Environmental Achievements

• Landfill-free Olathe, Kansas campus with increased recycling and composting.
• More than 2,000 tons of recycled materials collected across facilities.
• Transitioning to LED lighting in facilities.
• China manufacturing facility utilizes solar panels.

Social Achievements

• Recognized in Forbes rankings of “Best Employers for Diversity”.
• $1.4 million raised for United Way and partnering community organizations.
• Over 20,000 participants in instructor-led and e-learning trainings.
• Partnership with Runner’s World and Women’s Health in the formation of the national Runners Alliance.

Governance Achievements

• Ranked No. 1 in avionics product support by Aviation International News and Professional Pilot Magazine for the 16th straight year.
• ISO certifications in quality management (ISO 9001), environmental management (ISO 14001), and occupational health and safety (ISO 45001).

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Ethical sourcing
• Human rights compliance
• Supplier code of conduct

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 9001, ISO 14001, ISO 45001, IATF 16949 (automotive operations), AS9100 (aviation operations)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• All-cardboard packaging with >80% recycled content
• Elimination of plastic clamshell and blister packs

Awards & Recognition

• Forbes America's Best Employers 2019 (No. 5 overall, No. 1 in Kansas)
• Forbes Best Employers for Diversity
• United Way of Greater Kansas City Pinnacle Award
• Vault's best tech and engineering internships (ranked No. 15)

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Ethical Practices
• Workplace Safety and Health

Environmental Achievements

• Landfill-free Olathe campus
• Composting and recycling programs
• Solar energy use at China manufacturing facility

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Product Security
• Employee Diversity and Inclusion
• Product Life Cycle Management
• Supply Chain Management
• Materials Sourcing

Environmental Achievements

• Recycled approximately 300 metric tons of e-waste in 2021
• Refurbished over 80 metric tons of products and sub-assemblies

Social Achievements

• Investments in STEM outreach programs to promote diversity and inclusion
• Strict anti-harassment and anti-discrimination policies enforced

Governance Achievements

• Security and privacy requirements integrated into product development processes
• Supplier contracts include clauses to ensure timely security patches

Climate Goals & Targets

Environmental Challenges

• Managing risks associated with the use of critical materials in sourced components
• Ensuring compliance with regulations regarding declarable substances

Mitigation Strategies

• Utilizing multiple suppliers where possible
• Developing additional suppliers for unique components
• Maintaining safety stock for components subject to supply restrictions
• Tracking the use of declarable substances in manufacturing processes

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct
• Supplier Expectations
• Supplier Terms and Conditions
• Supplier risk assessment questionnaire

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB

Environmental Metrics

ESG Focus Areas

• Financial Stewardship
• Our People
• Our Products
• Our Operations
• Growth

Environmental Achievements

• Utilized 8.6 megawatts of renewable wind energy, resulting in 100% renewable energy utilization for the Olathe, Kansas campus.
• Eliminated more than 24,000 metric tons of CO2e through the use of renewable energy.
• Shipped 1.6 million solar products in 2022.
• Implemented a 57% reduction in the plastic used in packaging for recertified wearables.
• Collected and recycled approximately 4,336 metric tons of materials from facilities.

Social Achievements

• Ranked among the top 250 best-managed companies by the Drucker Institute.
• Named to Glassdoor’s 100 Best Places to Work in America.
• Expanded mental health-related benefits for employees and their dependents.
• Offered a caregiver support resource.
• U.S. turnover rate of approximately 13% (compared to the U.S. average of approximately 19% for the high-tech industry).
• Raised $450,000 for the United for Ukraine Global Fund.
• Donated €100,000 to breast cancer charities through the Pink October Challenge.
• Surpassed $2.25 million in employee donations matched by Garmin in support of MLK Day and the annual United Way campaign.
• Achieved $250,000 in lifetime fundraising for Bike MS.
• Supported a Special Olympics Airlift.

Governance Achievements

• Maintained ISO 45001 certification at multiple manufacturing sites.
• Achieved ISO 50001 certification for energy management systems in Taiwan manufacturing facilities.
• Designated best of category in the Mozilla Foundation’s annual Privacy Not Included report for handling the privacy and security of fitness tracker data.
• Implemented a code of conduct for associates and suppliers.
• Complied with regulations on conflict minerals, RoHS, and REACH.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions
• Component shortages

Mitigation Strategies

• Product redesigns
• Software updates with new features
• Vertical integration to improve adaptability and resilience.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Ethical sourcing
• Human rights
• Supplier code of conduct

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 45001, ISO 50001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Index™ BPM smart blood pressure monitor
• Bounce™ LTE-connected kids smartwatch
• Products with Power Glass™ solar charging technology

Awards & Recognition

• General Aviation Safety Award (AOPA)
• National Boating Industry Safety Award (Sea Tow Foundation)

Environmental Metrics

ESG Focus Areas

• Financial Stewardship
• Our People
• Our Products
• Our Operations
• Growth
• Sustainability

Environmental Achievements

• Reduced emissions by more than 26,000 metric tons of CO2e through the use of renewable energy
• Reduced the amount of plastic used in packaging for consumer products by approximately 20%
• More than 90% of consumer wearables shipped with foam-free packaging
• Collected and recycled approximately 5,000 metric tons of materials
• Olathe, Kansas campus achieved 100% renewable energy utilization

Social Achievements

• U.S. employee benefits package scored 32% higher than the median value of a comparator group of high-tech companies
• Doubled paid parental leave benefit and expanded short-term disability benefit for U.S. employees
• Awarded 150 $5,000 scholarships since 2019
• Global turnover rate was approximately 12%
• Garmin scored in the top 20% among comparable companies in a company-wide employee survey
• Named Interhab’s Outstanding Business of the Year for commitment to supporting people with disabilities
• Supported STEM initiatives and outreach programs
• Donated over $2.75 million to community initiatives (including MLK Day and United Way)
• Raised over $390,000 for the National MS Society through Bike MS

Governance Achievements

• Maintains ISO 45001 certification at multiple manufacturing sites
• Follows a privacy and security by design approach
• Fitness products designated best of category in Mozilla Foundation’s Privacy Not Included buyer’s guide
• Complies with all applicable regulations (RoHS, REACH)
• High standards for suppliers regarding ethical sourcing and human rights
• Complies with regulations on conflict minerals

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions
• Component shortages
• Evolving consumer preferences

Mitigation Strategies

• Product redesigns
• Software updates with new features
• Vertical integration to improve adaptability and resilience

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier code of conduct
• Ethical sourcing
• Human rights standards

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 45001, ISO 50001, LEED Gold, BREEAM

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Descent™ G1 Solar – Ocean Edition dive watch (made with recycled ocean-bound plastics)

Awards & Recognition

• CES 2024 Innovation Award (Autoland system)
• National Boating Industry Safety Award (3 consecutive years)