Climate Change Data

Invacare Corporation

Climate Impact & Sustainability Data (2020)

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Diversity, Equity & Inclusion
  • Environmental Sustainability
  • Ethical and Socially Conscious Supply Chain

Environmental Achievements

  • Launched product line replacing plastic with ‘green’ materials
  • Developing new respiratory product with recyclable materials and minimal mixed materials
  • Implemented lithium sieve recycling program to reduce solid waste
  • Moved to new eco-friendly German manufacturing site
  • Renewable energy credits for Ohio campus utilities
  • Implemented waste minimization policy to reduce consumption and lower landfill use

Social Achievements

  • Expanded board diversity; gender recognition in 2020
  • Long-time supporter: Paralyzed Veterans of America (PVA) Games; Wounded Warriors; Invictus Games; Special Olympics; Junior Achievement, United Way and Easter Seals

Governance Achievements

  • Developing new framework for ESG/DEI reporting
  • Aligning to certify to ISO 14001 in key European operations
  • Augmenting global team for coordinating and prioritizing E&S reporting and investments

Climate Goals & Targets

Environmental Challenges

  • Global supply chain challenges impacting respiratory product demand
  • Limited access to customers and end users due to the pandemic impacting mobility & seating sales
  • Lower sales of mobility & seating and lifestyle products
Mitigation Strategies
  • Outsourcing of IT infrastructure and deployment of modernized IT system
  • German plant consolidation for anticipated $5 million of annual cost savings in 2021
  • Accessing global government programs to bolster short-term liquidity
  • Creative ways to engage with customers virtually

Supply Chain Management

Responsible Procurement
  • Promote ethical and socially conscious supply chain through Supplier Code of Conduct

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Product line replacing plastic with ‘green’ materials
  • New respiratory product with recyclable materials and minimal mixed materials