Electro-Sensors, Inc.

Climate Impact & Sustainability Data (2022, 2023)

Implemented a workplace safety plan following CDC guidelines and federal and local mandates to protect employees and minimize the potential risk of an outbreak within the Company.
Company views its employees and culture as keys to its success. The Company aims to attract and retain qualified personnel and provides wages and benefits that are competitive locally to reward employees for performance. The Company values innovation, inclusion and diversity, safety and engagement as we believe these are keys to attract, develop, and retain the best talent.

Supply chain disruptions resulting in difficulty sourcing parts and price increases for many components.
Periodic delays in shipping and transportation services.
Challenging labor market for qualified employees.

Modifying product designs to accommodate new components that are more readily available or have a lower cost.
Closely monitoring lead times and availability of components.
Assessing inventory levels and maintaining larger levels of inventories.

Comply with any new government regulations that may be adopted to require companies to reduce carbon emissions or to disclose their carbon footprint, including the carbon footprint of components to manufacturers

Maintained good employee relations; implemented measures to protect employee health and safety while maintaining business continuity and high levels of service to customers; values innovation, inclusion and diversity, safety and engagement to attract, develop, and retain the best talent.

Adopted Electro-Sensors Code of Ethics and Business Conduct; established a special committee to explore and pursue business development and other strategic alternatives.

Supply chain disruptions resulting in difficulty sourcing parts and increased costs; transportation and freight availability delays; challenging labor market for qualified employees; increased costs in materials and labor.

Modifying product designs to accommodate new components that are more readily available or have a lower cost; closely monitoring lead times and availability of components; continually assessing inventory levels and maintaining larger levels of inventories; seeking additional sources for components.