At Worthington Enterprises, we take a proactive approach to sustainability.
We're carrying forward our goal from our past and we’re pushing forward to net-zero greenhouse gas (GHG) emissions by 2050. To help reach that goal, the Company partnered with Governance & Accountability Institute to conduct a materiality assessment and is currently assessing Scopes 1, 2 and 3 GHG calculations that will be used as a basis for emissions reduction targets.
We strive to make a positive impact in the communities where we work and live, and our Board remains committed to ensuring transparency and accountability regarding our ESG performance.
Our greatest strength lies in our people. We are committed to providing an inclusive workplace and welcoming culture that helps every employee succeed. The Company’s most recent employee engagement survey generated feedback from 76 percent of worldwide employees, and results show that employees rated Worthington at or above industry benchmarks in key areas such as safety, employee engagement and manager effectiveness.
The Worthington Foundation donated $2.9M back to the community in FY23, supporting 69 non-profit organizations in the areas of health, human services, youth and education, civic causes and the arts. Examples include:
For two decades, Worthington's SafeWorks program has been instrumental in driving a world-class safety culture. Nearly every meeting starts with a safety briefing, safety metrics top employees' performance goals, and safety process improvements never stop.
The company’s SafeWorks program defines a longstanding culture of safety throughout each facility. At the end of 2022, Worthington’s Total Case Incident Report per 100 employees was 1.8 times better than the industry average within the Primary Metal Manufacturing category, as reported by the U.S. Bureau of Labor Statistics.
We follow best practices for environmental protection to help drive continuous improvement in our manufacturing processes. We are focused on reducing risks from negative environmental impacts and capitalizing on opportunities to increase efficiency, lower energy costs and promote recycling and circularity.
The Green Star Initiative was implemented in 2012 to help steer the Company toward environmental conservation and stewardship. Stars are awarded each fiscal year to each facility based on environmental metrics and production data. During FY23, every Worthington Enterprises facility earned at least one star, with 60 percent of available stars awarded.
By holding ourselves accountable to the highest ethical standards and corporate governance practices, Worthington puts Our Philosophy, rooted in the Golden Rule, into action. Building a strong culture and taking care of our stakeholders is simply the right thing to do. Integrity is part of our DNA and intrinsic to our purpose.
We implement strong governance practices to ensure accountability and long-term success as well as robust risk management programs to maintain compliance with applicable laws and regulations. These programs extend to our business partners, including our valued suppliers.
Worthington is committed to developing safe and innovative products that meet the needs of our customers while also improving the sustainability of our products over their entire lifecycle. Our refillable cylinders for consumer and industrial applications help our customers meet their circular economy goals. We manufacture lighter-weight steel cylinders for more efficient shipping and transportation. We produce high-quality products built to last longer, and our customer support team assists consumers with troubleshooting before replacing products to avoid unnecessary waste.
When products do reach their end-of-life, we’re committed to promoting responsible product stewardship. In 2023, we partnered with other leading cylinder brands to establish the Cylinder Collective, a 501(c)(3) organization responsible for developing and managing pressurized cylinder recycling programs.