Hypertherm, manufacturer of industrial cutting systems and software, announced the release of its 2019 Corporate Social Responsibility Report, marking ten years of reporting in the areas of community engagement, environmental impact, and associate well-being.
The report incorporates United Nations Sustainable Development Goals for the first time, with the company connecting its work to eight of 17 global goals including goals for zero poverty, good health and well-being, quality education, and climate action. Also, for the first time, the 2019 report lists environmental results following Global Reporting Initiative standards, the most widely adopted global standard for sustainability reporting.
The report also shows the company’s continued strong participation in its Community Service Time program with 85% of Associates volunteering in the community, equal to 2018. That translates to almost 1,300 Associates serving a combined 27,898 hours last year. It also has charitable organization called the Hypertherm Owners’ Philanthropic Endeavors (HOPE) Foundation continues to fund nearly 100 organizations annually with special emphasis on two strategic funding areas, SHAPE for STEM and Substance Use Disorders. Waste to landfill also continues to decline with the company sending 1.24 percent of its waste to a landfill last year, a slight decline compared to 2018. In addition to waste, it also recycled less by finding more opportunities to reuse product, leading to a 77 percent increase in its reuse category.
“Though this report covers our work in 2019, the ongoing events and challenges of 2020 have only increased the need for companies like Hypertherm to do all we can to make the world a better place. This most recent report with its direct linkage to the United Nations Sustainable Development Goals is part of that commitment as we connect our work to the needs and opportunities of our shared society and planet,” commented Jenny Levy, Vice-President of people, community, and environment, Hypertherm.
For more information: www.hypertherm.com