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Techtronic Industries Joins The UN Global Compact

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Techtronic Industries (TTNDY), a global leader in cordless power tools and equipment, has joined the United Nations Global Compact, the world's largest voluntary corporate sustainability initiative with over 25,000 signatories across 160+ countries. CEO Steve Richman highlighted the company's long-standing commitment to sustainability, noting their history of ESG reporting since 2015 and alignment with UN Sustainable Development Goals since 2018.

The company commits to annual progress reporting through their ESG Report and the UN Global Compact website, focusing on areas including safety solutions, noise reduction, supply chain traceability, decarbonization, and governance. TTI's sustainability strategy now officially aligns with the Ten Principles covering human rights, labor, environment, and anti-corruption. Their next ESG report is scheduled for March 2025.

Techtronic Industries (TTNDY), un leader globale nell'industria degli strumenti e attrezzature elettrici senza fili, si è unita al Global Compact delle Nazioni Unite, la più grande iniziativa mondiale di sostenibilità aziendale volontaria con oltre 25.000 firmatari in più di 160 paesi. Il CEO Steve Richman ha sottolineato il lungo impegno dell'azienda verso la sostenibilità, evidenziando la loro storia di reporting ESG dal 2015 e l'allineamento con gli Obiettivi di Sviluppo Sostenibile delle Nazioni Unite dal 2018.

L'azienda si impegna a comunicare i progressi annuali attraverso il loro Rapporto ESG e il sito web del Global Compact delle Nazioni Unite, concentrandosi su aree come soluzioni di sicurezza, riduzione del rumore, tracciabilità della catena di approvvigionamento, decarbonizzazione e governance. Ora la strategia di sostenibilità di TTI si allinea ufficialmente ai Dieci Principi riguardanti i diritti umani, il lavoro, l'ambiente e la lotta alla corruzione. Il loro prossimo rapporto ESG è programmato per marzo 2025.

Techtronic Industries (TTNDY), un líder mundial en herramientas eléctricas portátiles y equipos, se ha unido al Pacto Mundial de las Naciones Unidas, la mayor iniciativa de sostenibilidad corporativa voluntaria del mundo con más de 25,000 firmantes en más de 160 países. El CEO Steve Richman destacó el compromiso a largo plazo de la empresa con la sostenibilidad, señalando su historial de informes ESG desde 2015 y su alineación con los Objetivos de Desarrollo Sostenible de la ONU desde 2018.

La compañía se compromete a informar anualmente sobre los progresos a través de su Informe ESG y el sitio web del Pacto Mundial de la ONU, centrándose en áreas como soluciones de seguridad, reducción de ruido, trazabilidad de la cadena de suministro, descarbonización y gobernanza. La estrategia de sostenibilidad de TTI ahora se alinea oficialmente con los Diez Principios que abarcan los derechos humanos, el trabajo, el medio ambiente y la lucha contra la corrupción. Su próximo informe ESG está programado para marzo de 2025.

테크트로닉 인더스트리(Techtronic Industries, TTNDY), 무선 전동 공구 및 장비의 글로벌 리더,이 유엔 글로벌 컴팩트에 가입했습니다. 유엔 글로벌 컴팩트는 전 세계 160개국 이상에서 25,000명 이상의 서명자가 있는 최대 자발적인 기업 지속 가능성 이니셔티브입니다. CEO 스티브 리치먼(Steve Richman)은 2015년부터의 ESG 보고 및 2018년부터의 유엔 지속 가능 발전 목표와의 일치를 강조하며 회사의 오랜 지속 가능성에 대한 헌신을 강조했습니다.

회사는 안전 솔루션, 소음 감소, 공급망 추적 가능성, 탈탄소화 및 거버넌스와 같은 분야에 중점을 두고 ESG 보고서를 통해 연간 진행 상황 보고를 약속합니다. TTI의 지속 가능성 전략은 이제 인권, 노동, 환경, 부패 방지를 포함한 10대 원칙에 공식적으로 부합합니다. 그들의 다음 ESG 보고서는 2025년 3월로 예정되어 있습니다.

Techtronic Industries (TTNDY), un leader mondial dans le domaine des outils et équipements électroportatifs, a rejoint le Pacte mondial des Nations Unies, la plus grande initiative mondiale de durabilité des entreprises, comptant plus de 25 000 signataires dans plus de 160 pays. Le PDG Steve Richman a souligné l'engagement de longue date de l'entreprise envers la durabilité, en notant leur historique de reporting ESG depuis 2015 et leur alignement avec les Objectifs de Développement Durable de l'ONU depuis 2018.

L'entreprise s'engage à communiquer chaque année ses progrès par le biais de son rapport ESG et du site Web du Pacte mondial de l'ONU, se concentrant sur des domaines tels que les solutions de sécurité, la réduction du bruit, la traçabilité de la chaîne d'approvisionnement, la décarbonisation et la gouvernance. La stratégie de durabilité de TTI s'aligne désormais officiellement sur les Dix Principes concernant les droits de l'homme, le travail, l'environnement et la lutte contre la corruption. Leur prochain rapport ESG est prévu pour mars 2025.

Techtronic Industries (TTNDY), ein weltweit führendes Unternehmen im Bereich kabelloser Elektrowerkzeuge und -geräte, ist dem UN Global Compact beigetreten, der größten freiwilligen Initiative für unternehmerische Nachhaltigkeit mit über 25.000 Unterzeichnern in mehr als 160 Ländern. CEO Steve Richman hob das langfristige Engagement des Unternehmens für Nachhaltigkeit hervor und wies auf die Geschichte der ESG-Berichterstattung seit 2015 und die Übereinstimmung mit den Zielen für nachhaltige Entwicklung der UN seit 2018 hin.

Das Unternehmen verpflichtet sich, jährliche Fortschrittsberichte über ihren ESG-Bericht und die Website des UN Global Compact bereitzustellen und konzentriert sich dabei auf Bereiche wie Sicherheitslösungen, Lärmminderung, Rückverfolgbarkeit der Lieferkette, Dekarbonisierung und Governance. Die Nachhaltigkeitsstrategie von TTI steht jetzt offiziell im Einklang mit den zehn Prinzipien, die Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung abdecken. Ihr nächster ESG-Bericht ist für März 2025 geplant.

Positive
  • Strengthens ESG credentials through UN Global Compact membership
  • Demonstrates commitment to sustainability reporting and transparency
  • Shows established track record in ESG reporting since 2015
Negative
  • None.

Demonstrates TTI’s Commitment to Sustainable Products and Practices

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Global cordless power tool, outdoor power equipment and floorcare company Techtronic Industries Co. Ltd. (“TTI” or the “Company”) (stock code: HK:0669, ADR symbol: TTNDY) today announced that it has joined the United Nations Global Compact, reaffirming its dedication to sustainability and social responsibility. With over 25,000 signatories in over 160 countries, the UN Global Compact is the world’s largest voluntary corporate sustainability reporting initiative. By joining, TTI is committing to communicate its progress to stakeholders annually through our ESG Report and UN Global Compact’s website.

TTI’s CEO Steve Richman remarked: “As the industry pioneer in lithium-ion battery-powered, energy efficient power tools and outdoor power equipment, TTI’s commitment to sustainable products and business practices has long been a fundamental part of the way we do business. We began publishing ESG reports in 2015 and we aligned our goals and targets with the UN Sustainable Development Goals in 2018. Every year we make progress in areas including safety solutions, noise reduction, supply chain traceability, decarbonization, and governance. While we have demonstrated our commitment, by joining the UN Global Compact, we have officially aligned our sustainability strategy with the Ten Principles in the areas of human rights, labor, environment, and anti-corruption.”

As part of TTI’s ongoing sustainability efforts, our objective is to implement initiatives that deepen our support of the UN's Sustainable Development Goals (SDGs) while fostering an inclusive and equitable workplace culture. We are dedicated to advancing our sustainability journey, setting measurable goals, and continuously monitoring our progress.

Learn more about TTI’s efforts by reading our latest ESG publications here. Our 2024 ESG report will be published in March 2025.

About TTI

Techtronic Industries Company Limited (“TTI” or the “Company”), founded in 1985 by German entrepreneur Horst Julius Pudwill, is a world leader in cordless technology. As a pioneer in Power Tools, Outdoor Power Equipment, Floorcare and Cleaning Products, TTI serves professional, industrial, Do It Yourself (DIY), and consumer markets worldwide. With more than 50,000 employees globally, the company’s relentless focus on innovation and strategic growth has established its leading position in the industries it serves.

MILWAUKEE is at the forefront of TTI’s professional tool portfolio. With global research and development headquartered in Brookfield, Wisconsin, the historic MILWAUKEE brand is renowned for driving innovation, safety, and jobsite productivity worldwide. The RYOBI brand, headquartered in Greenville, South Carolina, remains the top choice for DIYers and continues to set the standard in DIY tool innovation. TTI’s diverse brand portfolio also includes trusted brands like AEG, EMPIRE, HOMELITE, and leading floorcare names HOOVER, ORECK, VAX, and DIRT DEVIL (based in Charlotte, North Carolina).

TTI’s international recognition and renowned brand portfolio are supported by a strong ownership structure that underscores the company’s global reach and stability. The Pudwill family remains the company’s largest shareholder, with the remaining ownership held largely by institutional investors at North American and European-owned firms. TTI is publicly traded on the Hong Kong Stock Exchange and is a constituent stock of the Hang Seng Index, operating globally with a strong commitment to environmental, social, and corporate governance standards. For more information, visit www.ttigroup.com.

All trademarks listed other than AEG and RYOBI are owned by the Company. AEG is a registered trademark of AB Electrolux (publ.) and is used under license. RYOBI is a registered trademark of Ryobi Limited and is used under license.

For Investor Relations enquiries:

Main Contact

TTI Investor Relations

Tel: +1 (954) 541-9660

Email: ir@ttihq.com

Asia/Pacific

TTI Investor Relations

Tel: +(852) 2402 6888

Email: ir@tti.com.hk

Source: Techtronic Industries Company Limited

FAQ

What does Techtronic Industries' (TTNDY) joining the UN Global Compact mean for investors?

It demonstrates the company's enhanced commitment to sustainability and transparency, requiring annual progress reporting on environmental, social, and governance initiatives through ESG reports and the UN Global Compact website.

When will TTNDY release its next ESG report?

Techtronic Industries will publish its 2024 ESG report in March 2025.

How long has TTNDY been involved in sustainability reporting?

The company has been publishing ESG reports since 2015 and aligned its goals with UN Sustainable Development Goals in 2018.

What are the key sustainability areas TTNDY focuses on?

The company focuses on safety solutions, noise reduction, supply chain traceability, decarbonization, and governance improvements.

How many signatories are part of the UN Global Compact that TTNDY joined?

The UN Global Compact has over 25,000 signatories across more than 160 countries, making it the world's largest voluntary corporate sustainability reporting initiative.

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