Gates published its sixth annual sustainability report, the company announced Friday. The report highlights progress on the four pillars in the company's framework for sustainability: governance, technology, environment and stewardship.
[RELATED: Register now for our upcoming webinar on bolstering your bottom line!]
"Gates is an innovation-driven company striving to improve our impact on people and the environment, taking into account the materials we use, our manufacturing processes, and the communities where we live and work," says Ivo Jurek, CEO. "I'm proud of the ongoing commitment from our global teams to advance our sustainability efforts company-wide. We have further invested in our GTES organizational capabilities, established additional governance processes, enhanced our reporting to align with global standards, and continued to leverage our Eco-Innovation process to develop and manufacture products with a reduced environmental footprint while supporting our customers on their sustainability journeys."
[RELATED: BEVs: Looking under the hood, into the future]
Gates has brought 818,000 kWh of solar energy online and invested in infrastructure projects to reduce 18M kWh of natural gas and 7M kWh of electricity consumption. Gates also has 73 other active greenhouse gas reduction projects underway. It is also working to reduce hazardous waste, landfill and water consumption while increasing the number of zero-waste sites.
Gates says it continues to make progress in efforts to reduce risk, including more training and communication across the global workforce. It reports a 20% decrease in total case incident rates and a 15% reduction in severe injuries.
