Applied Industrial Technologies Releases 2024 Environmental, Social, and Governance (ESG) Report
Applied Industrial Technologies (NYSE: AIT) has released its 2024 Environmental, Social, and Governance (ESG) Report, highlighting progress in sustainability and socially responsible practices. Key achievements include:
- 3% reduction in absolute energy consumption
- Increased percentage of waste recycled
- 31% decrease in total recordable incident rate to 0.78 in 2024
- Development of an Emergency Management System Manual for ISO 14001:2015 certification
The report aligns with Global Reporting Initiative (GRI) standards and Sustainability Accounting Standards Board (SASB) frameworks. CEO Neil A. Schrimsher emphasized the company's commitment to creating a more sustainable industrial economy and driving progress that aligns with core values and stakeholder expectations.
Applied Industrial Technologies (NYSE: AIT) ha pubblicato il suo Rapporto ESG 2024, evidenziando i progressi nella sostenibilità e nelle pratiche socialmente responsabili. I principali risultati includono:
- riduzione del 3% nel consumo energetico assoluto
- aumento della percentuale di rifiuti riciclati
- decremento del 31% nel tasso totale di incidenti registrabili, scendendo a 0,78 nel 2024
- Sviluppo di un Manuale del Sistema di Gestione delle Emergenze per la certificazione ISO 14001:2015
Il rapporto è conforme agli standard della Global Reporting Initiative (GRI) e ai framework del Sustainability Accounting Standards Board (SASB). Il CEO Neil A. Schrimsher ha sottolineato l'impegno dell'azienda a creare un'economia industriale più sostenibile e a promuovere progressi che siano in linea con i valori fondamentali e le aspettative degli stakeholder.
Applied Industrial Technologies (NYSE: AIT) ha lanzado su Informe ESG 2024, destacando los avances en sostenibilidad y prácticas socialmente responsables. Los logros clave incluyen:
- reducción del 3% en el consumo energético absoluto
- incremento en el porcentaje de residuos reciclados
- disminución del 31% en la tasa total de incidentes registrables, alcanzando 0,78 en 2024
- Desarrollo de un Manual del Sistema de Gestión de Emergencias para la certificación ISO 14001:2015
El informe se ajusta a los estándares de la Global Reporting Initiative (GRI) y a los marcos del Sustainability Accounting Standards Board (SASB). El CEO Neil A. Schrimsher enfatizó el compromiso de la empresa de crear una economía industrial más sostenible y de impulsar el progreso que se alinee con los valores fundamentales y las expectativas de los interesados.
어플라이드 산업 기술(Applied Industrial Technologies) (NYSE: AIT)이 2024 환경, 사회, 거버넌스(ESG) 보고서를 발표하며 지속 가능성 및 사회적으로 책임 있는 관행에서의 진전을 강조했습니다. 주요 성과는 다음과 같습니다:
- 절대 에너지 소비 3% 감소
- 재활용된 폐기물 비율 증가
- 2024년 총 기록 가능 사고율 31% 감소, 0.78로 기록
- ISO 14001:2015 인증을 위한 비상 관리 시스템 매뉴얼 개발
이 보고서는 글로벌 보고 이니셔티브(GRI) 기준 및 지속 가능성 회계 기준 위원회(SASB) 프레임워크에 부합합니다. CEO 닐 A. 슈림셔(Neil A. Schrimsher)는 회사가 보다 지속 가능한 산업 경제를 만들기 위한 헌신과 핵심 가치 및 이해관계자의 기대에 부합하는 진전을 추진하고 있음을 강조했습니다.
Applied Industrial Technologies (NYSE: AIT) a publié son Rapport ESG 2024, soulignant les avancées en matière de durabilité et de pratiques socialement responsables. Les principales réalisations comprennent :
- réduction de 3% de la consommation d'énergie absolue
- augmentation du pourcentage de déchets recyclés
- diminution de 31% du taux total d'incidents enregistrables, atteignant 0,78 en 2024
- Développement d'un manuel du système de gestion des urgences pour la certification ISO 14001:2015
Le rapport est conforme aux normes de l'Initiative de Reporting Mondial (GRI) et aux cadres du Sustainability Accounting Standards Board (SASB). Le PDG Neil A. Schrimsher a souligné l'engagement de l'entreprise à créer une économie industrielle plus durable et à favoriser des progrès qui s'alignent sur les valeurs fondamentales et les attentes des parties prenantes.
Applied Industrial Technologies (NYSE: AIT) hat seinen ESG-Bericht 2024 veröffentlicht, der Fortschritte in Bezug auf Nachhaltigkeit und sozial verantwortliche Praktiken hervorhebt. Zu den wichtigsten Erfolgen gehören:
- 3% Reduktion des absoluten Energieverbrauchs
- Erhöhung des Anteils an recycelten Abfällen
- 31% Rückgang der insgesamt erfassten Unfallquote auf 0,78 im Jahr 2024
- Entwicklung eines Notfallmanagementsystem-Handbuchs zur Zertifizierung nach ISO 14001:2015
Der Bericht steht im Einklang mit den Standards der Global Reporting Initiative (GRI) und den Rahmenwerken des Sustainability Accounting Standards Board (SASB). CEO Neil A. Schrimsher betonte das Engagement des Unternehmens für die Schaffung einer nachhaltigeren Industrieökonomie und für Fortschritte, die mit den Grundwerten und Erwartungen der Stakeholder im Einklang stehen.
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Neil A. Schrimsher, President & Chief Executive Officer for Applied, commented, “I am pleased to share Applied’s 2024 ESG Report and the ongoing effort our team is making to create a more sustainable and effective industrial economy. Consistent with our commitment to continuous improvement, our ESG strategy is approached with a long-term perspective and balanced focus on driving steady progress that aligns with our Core Values and stakeholders’ expectations. We have integrated our ESG strategy across our business to reduce our environmental footprint, foster a workplace where all our associates can thrive, create a positive impact in our communities, operate in an ethical and responsible way, and help our customers achieve their sustainability goals. I am proud of our progress in recent years and look forward to continuing to identify and prioritize the opportunities that can contribute to a better world for all our stakeholders.”
Highlights from Applied’s 2024 ESG Report include:
-
Reduced absolute energy consumption by
3% and increased percentage of waste recycled - Expanded information on the Company’s operations and efforts, including newly added information about Applied’s waste generation and water consumption
-
Decreased total recordable incident rate (TRIR) by
31% year-over-year to 0.78 in calendar year 2024, below industry association andU.S. Bureau of Labor Statistic benchmarks - Performed an initial environmental review and gap analysis, and developed an Emergency Management System Manual in pursuit of ISO 14001:2015 certification in fiscal year 2025
Mr. Schrimsher added, “Applied is committed to driving further progress going forward. We will remain focused on providing and integrating solutions in both our own operations and our customers that further advance our ESG journey, while strengthening our Company and the broader environment for the long term.”
The Report utilizes Global Reporting Initiative (GRI) standards and aligns with the ESG disclosure and reporting frameworks established by the Sustainability Accounting Standards Board (SASB).
To learn more about Applied’s 2024 ESG Report, its business, and related associate efforts and activities, please visit: www.applied.com/sustainability.
About Applied®
Applied Industrial Technologies is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO and OEM end users in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise. For more information, visit www.applied.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240918561626/en/
Ryan D. Cieslak
Director – Investor Relations & Treasury
216-426-4887 / rcieslak@applied.com
Source: Applied Industrial Technologies, Inc.
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