Climate Change Data

Concurrent Technologies Corporation (CTC) and Enterprise Ventures Corporation (EVC)

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:171 metric tons CO2e (1998-2003); 4,676 metric tons CO2e (normalized)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced electrical consumption by 2.2% (171 metric tons of CO2e) in Johnstown facilities from 1998-2003, 57% (kWh/employee) and 59% (kWh/revenue) or 4,676 metric tons CO2e when normalized for employee count and revenue.
  • Reduced solid waste sent to landfill by 22% (6.4 metric tons CO2e).
  • Recycled paper equivalent to 195 trees (0.50 metric ton CO2 sequestered).
  • Eliminated 375,000+ plastic bottles through water refilling stations.
  • Reduced fuel consumption by an estimated 5,000–10,000 gallons and CO2 emissions by 3–6 tons annually through travel program.
  • Achieved 99.6% nitrate removal rate in a pilot-scale treatment technology for industrial wastewater.

Social Achievements

  • Substantially below industry average employee attrition rate.
  • Many employees have worked at the company for more than 10 years.
  • Numerous safety awards and recognitions, including the National Safety Council Safety Committee Award, PA Governor’s Award for Safety Excellence, and OSHA VPP Star Site designation.
  • Employee wellness initiatives, including sleep, water, physical activity, and self-care tracking.
  • Generous employee giving and volunteering in the community.
  • Support for STEM careers through The Challenge Program, Inc. and student internships.

Governance Achievements

  • Reinvigorated Ethics program in 2023.
  • Established an Ethics Helpline reporting system.
  • Code of Ethics and Business Conduct guides company decisions.
  • Regular Town Hall meetings and employee communications to promote transparency and accountability.

Climate Goals & Targets

Short-term Goals:
  • Replace remaining lighting fixtures with LED technology in 2023 and 2024 (anticipated 29% and 38% reduction in lighting electrical consumption respectively).

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Awards & Recognition

  • Innovation Award, Cambria Regional Chamber
  • Top 100 Organizations, Pennsylvania Business Central
  • Best Places to Work in PA, Best Companies Group
  • Top Veteran-Friendly Companies, U.S. Veterans Magazine
  • Best for Vets Employer, Military Times
  • Soaring Eagle Award, Pennsylvania Employer Support of the Guard and Reserve (ESGR)
  • James S. Cogswell Outstanding Industrial Security Achievement Award, Defense Security Service
  • World’s Most Ethical Company
  • Winning “W” Company, 2020 Women on Boards
  • Million Work Hours Award, National Safety Council
  • Perfect Record Award, National Safety Council
  • National Safety Council Safety Committee Award
  • PA Governor’s Award for Environmental Excellence
  • PA Governor’s Award for Safety Excellence
  • OSHA VPP Star Site