Business
Columbus McKinnon Publishes Third Annual Corporate Sustainability Report
BUFFALO, N.Y.--(BUSINESS WIRE)-- Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer and manufacturer of intelligent motion solutions for
About this update from Columbus Mckinnon Corporation
[{"type":"text","content":" BUFFALO, N.Y.--(BUSINESS WIRE)--\nColumbus McKinnon Corporation (Nasdaq: CMCO), a leading designer and manufacturer of intelligent motion solutions for material handling, today announced the publication of its third annual Corporate Sustainability (CSR) Report. This 2023 report details key initiatives in the areas of environmental sustainability, social impact, and governance responsibility, further illustrating Columbus McKinnon’s resilience and agility in delivering for its customers, while conducting business in a responsible manner.\n\n\nKey achievements outlined in the Company’s annual CSR report include:\n\n\n\nListed as one of Newsweek Magazine’s “Top Responsible Companies” and received an excellent score of “B-“ as a first-time reporter to the Carbon Disclosure Project (CDP).\n\n\n\nIn addition to reporting to CDP, made first time disclosures aligned with the Taskforce on Carbon-Related Financial Disclosures’ (TCFD) standard in Fiscal Year 2023.\n\n\n\nLaunched CMCO Cares Program in Fiscal Year 2023, formalizing the Company’s corporate giving program\n\n\n\nLaunched Learning in Motion program to further employee development providing four tailored levels to address varying levels of professional experience\n\n\n\nAdvanced environmental transparency, socially impactful initiatives, and strong ethics and governance practices\n\n\n\nMade measurable progress on waste reduction and energy management goals\n\n\n\n“We are making great progress on many fronts as we build a stronger, sustainable enterprise and continue to further unlock our potential,” said David Wilson, President and CEO of Columbus McKinnon. “Sustainability and ESG are integrated throughout our business, our strategy, and our daily work. As we advance our efforts, we further reinforce the foundation from which we can continue to build. For us, ESG is embedded in our Purpose as we create intelligent motion solutions that move the world forward and improve lives.”\n\n\nAbout Columbus McKinnon\n\n\nColumbus McKinnon is a leading worldwide designer, manufacturer and marketer of intelligent motion solutions that move the world forward and improve lives by efficiently and ergonomically moving, lifting, positioning, and securing materials. Key products include hoists, crane components, precision conveyor systems, rigging tools, light rail workstations and digital pow...