Vermeer Corporation
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduced manufacturing-related carbon emissions for each product manufactured
- Recycled 93% of waste materials
- Introduced electric-powered equipment to lower emissions and noise
- Complied with Tier 4 and Stage V engine emission standards
Social Achievements
- Injury rate and DART better than national averages
- Investments in facilities with natural light, spacious break areas, and conditioned air
- Onsite early learning center, medical clinic, and pharmacy in Pella
- More than 32,000 hours invested in training last year
- Turnover 20% lower than the national average for manufacturing companies
Governance Achievements
- Majority of independent directors on the board
- Independent Audit Committee overseeing risk management
- 100% team member participation in annual Code of Conduct review
- Available ethics hotline
Climate Goals & Targets
Short-term Goals:
- Annual development plan for every team member by 2023
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Electric-powered equipment
- Equipment designed to minimize environmental disruption