Kimball Electronics, Inc. Releases 2022 Environmental, Social & Governance Report
March 07 2023 - 5:43PM
Business Wire
Kimball Electronics, Inc. (Nasdaq: KE) today announced the
release of its 2022 Environmental, Social & Governance (ESG)
Report, themed “Poised to Make an Impact,” highlighting the
Company’s ongoing efforts to operate sustainably and responsibly in
calendar year 2022.
The Company’s annual ESG report provides an in-depth analysis of
Kimball Electronics’ ESG initiatives, including the many examples
of how the Company demonstrates its purpose of Creating Quality for
Life in its communities through positive environmental and societal
impacts and projects. Some of the achievements for calendar year
2022 included the following:
- A 36% reduction in greenhouse gas emissions since 2014
- A 26% reduction in air emissions since 2014
- Donations of over $330,000 in time and money toward worthy
causes worldwide
- The adoption of globally recognized ESG reporting
standards
“We want our reporting to show how we proactively address
challenges both in our business and to our stakeholders, and that
we recognize the connection between significant ESG issues and the
long-term value we deliver to Share Owners,” stated Don Charron, in
the report’s CEO Message to stakeholders.
Mr. Charron, who retired February 28, 2023, and was succeeded by
Ric Phillips, penned the ESG message as one of his last public
letters as the Company’s top executive, a fitting farewell since
the report covers happenings during his last full calendar year of
leadership.
The latest report also demonstrates both the Company’s decision
to strengthen its ESG disclosures and the importance of ESG in its
business strategy and global operations.
“This year represents a milestone for Kimball Electronics,” said
Doug Hass, Chief Legal & Compliance Officer. “The
standardization of our ESG data disclosures helps us to build trust
with those who use our data to make more informed decisions about
us. All of these sustainability efforts help us meet our
stakeholder needs, regulatory requirements, and DEI&B goals;
contribute to the prosperity and quality of life of our global
community; and deliver long-term, sustainable profits for our Share
Owners.”
The full version of the 2022 ESG Report at
www.kimballelectronics.com/esg includes ESG reporting that complies
with the Sustainability Accounting Standards Board’s Electronic
Manufacturing Services & Original Design Manufacturing standard
and the Task Force on Climate-Related Financial Disclosures. It
also documents how the Company’s ESG priorities align with and
support the United Nations Global Compact’s Ten Principles and the
UN Sustainable Development Goals. The Company will also make the
2022 ESG Report available in an interactive format.
About Kimball Electronics, Inc.
Kimball Electronics is a multifaceted manufacturing solutions
provider of electronics and diversified contract manufacturing
services to customers around the world. From our operations in the
United States, China, India, Japan, Mexico, Poland, Romania,
Thailand, and Vietnam, our teams are proud to provide manufacturing
services for a variety of industries. Recognized for a reputation
of excellence, we are committed to a high-performance culture that
values personal and organizational commitment to quality,
reliability, value, speed, and ethical behavior. Kimball
Electronics, Inc. (Nasdaq: KE) is headquartered in Jasper,
Indiana.
To learn more about Kimball Electronics, visit:
www.kimballelectronics.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230307005993/en/
Andrew D. Regrut Vice President, Investor Relations 812.827.4151
Investor.Relations@kimballelectronics.com
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