Climate Change Data

Environmental Metrics

ESG Focus Areas

• Products
• Planet
• People
• Governance

Environmental Achievements

• Reduced total waste generated by more than 15% from 2019 to 2022
• Reduced water use by more than 15% from 2019 to 2022
• Hach implemented a closed-loop cooling system saving more than 4 million gallons of water annually

Social Achievements

• Achieved and maintained pay equity (99-100%) for women and racial/ethnic minorities in the U.S. since 2020
• 75% Internal Fill Rate for senior leader roles in 2022
• 37% of global new hires in 2022 were women and 65% of U.S. new hires were diverse

Governance Achievements

• Updated EHS audit process in 2022
• Implemented a rigorous supply chain risk assessment/risk management program
• Established a robust corporate internal audit function

Climate Goals & Targets

Environmental Challenges

• Establishing environmental targets as a standalone company
• Identifying and managing climate risks and opportunities
• Reducing product and packaging waste

Mitigation Strategies

• Piloting a climate risk and opportunity management program in 2023
• Leveraging VES tools to identify and eliminate waste sources
• Examining product and packaging designs to identify waste reduction opportunities

Supply Chain Management

Supplier Audits: Over 15,000 suppliers in 2022; EcoVadis assessments and monitoring

Responsible Procurement

• Supplier Code of Conduct
• Sustainable Supply Chain Policy
• Conflict Minerals Policy Statement

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Rising sea levels
• Droughts
• Heat waves

Opportunities

• Developing new commercial solutions to address customer sustainability needs
• Reducing operating costs

Reporting Standards

Frameworks Used: GRI Standards, SASB Standards, TCFD Framework, UN Global Compact

Certifications: ISO 14001, ISO 45001, ISO 50001

UN Sustainable Development Goals

• Goal 2
• Goal 3
• Goal 5
• Goal 6
• Goal 8
• Goal 9
• Goal 10
• Goal 12
• Goal 13
• Goal 14

Initiatives contribute to these goals through products, operations, and social programs

Sustainable Products & Innovation

• Hach’s take-back program
• Esko’s XPS equipment
• ChemTreat’s water reduction solutions
• Trojan Technologies’ UV systems

Awards & Recognition

• Hach Shanghai won “Best EHS Program” global award
• Hach Loveland won “Most Improved EHS Program, Americas” regional award

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity, Equity, and Inclusion
• Supply Chain Sustainability
• Greenhouse Gas Emissions
• Water Stewardship

Environmental Achievements

• Established Scope 1 & 2 GHG emissions baseline with the intention to reduce these emissions by 54.6% by 2033.
• Reduced overall energy consumption by 66% at X-Rite Grand Rapids facility since 2013.
• Achieved 67% non-hazardous waste diversion from landfill and 82% hazardous/regulated waste diversion from landfill in 2023.
• Reduced waste generation by 7% at Hach Shanghai plant following a kaizen event.
• Reduced water use by more than 9% over the past 5 years.

Social Achievements

• Linked executive compensation to the achievement of financial, strategic, and sustainability goals.
• Signed the CEO Action for Diversity and Inclusion™ pledge and partnered with Women in Manufacturing.
• Achieved pay equity (99-100%) for women and racial/ethnic minorities in the U.S.
• Launched several associate well-being initiatives, including a new health assessment tool and financial well-being resources.
• Trojan Technologies and Esko India received “Great Place to Work” recognition.

Governance Achievements

• Became a participant in the UN Global Compact.
• Established a sustainability governance structure with oversight from the Board of Directors and Sustainability Council.
• Implemented a robust Enterprise Risk Management (ERM) program.
• Implemented a comprehensive cybersecurity program.
• Received ESG ratings from MSCI, Sustainalytics, and ISS.

Climate Goals & Targets

Environmental Challenges

• Managing extreme weather events and water scarcity.
• Managing supply chains to ensure food and pharmaceutical security.
• Upholding fundamental human rights.
• Reducing Scope 3 GHG emissions.
• Reducing waste in the value chain.

Mitigation Strategies

• Commitment to cut Scope 1 and 2 GHG emissions by 54.6% by 2033.
• Implementation of VES tools for energy efficiency, water stewardship, and waste minimization.
• Partnership with EcoVadis to assess and monitor supplier sustainability performance.
• Implementation of various energy-saving initiatives.
• Expansion of waste tracking efforts and exploration of product and packaging design opportunities.

Supply Chain Management

Supplier Audits: 40% of annual supplier spend initially targeted for EcoVadis certification

Responsible Procurement

• Supplier Code of Conduct
• Sustainable Supply Chain Policy
• Conflict Minerals Policy
• EcoVadis partnership

Climate-Related Risks & Opportunities

Physical Risks

• Floods
• Wildfires
• Hurricanes
• Tropical cyclones
• Hail
• Tornadoes
• Storm surges
• Wind

Transition Risks

• Regulatory changes
• Market shifts
• Evolving customer demand

Opportunities

• Development of energy-efficient products and solutions.
• Reduction of operating costs.

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC, UN SDGs

Certifications: ISO 9001, ISO 14001, ISO 45001

UN Sustainable Development Goals

• Goal 2
• Goal 3
• Goal 5
• Goal 6
• Goal 8
• Goal 9
• Goal 10
• Goal 12
• Goal 13
• Goal 14

Initiatives contribute to these goals through various programs and operations.

Sustainable Products & Innovation

• Water treatment technologies
• Sustainable packaging solutions
• Energy-efficient products

Awards & Recognition

• Platinum Safety Award from Highwire (ChemTreat)
• Great Place to Work certifications (Trojan Technologies, Esko India)