Patrick Industries has published its inaugural Responsibility & Sustainability Report.
The company said the report introduces a framework for its measurement and reporting of ESG-related data and details actions supporting three strategic pillars: Empowering People, Caring for Our Planet and Communities, and Living by Our Values.
ESG is an acronym meaning environmental, social and corporate governance, and is being used by more and more corporations as a benchmark for success.
“This inaugural Responsibility & Sustainability Report represents a significant step in our continued journey toward thinking more holistically about our business,” said Andy Nemeth, CEO. “Our approach is grounded in our ‘better together’ values and is designed to influence engagement toward a more sustainable future for the company, its people and our stakeholders. We expect this report to be a baseline as we continue to hone our sustainable practices while growing our business for the benefit of our team members, the communities we serve, and our shareholders.”
Highlights of the report include:
- Patrick’s responsible use and management of materials and energy including recycling, reclamation and re-use
- Patrick’s IMPACT program, which gives recent college graduates an opportunity to rotate through key departments within the company as they align their strengths and interests with the needs of the business
- The company’s commitment to safety through programs including job safety analysis, OSHA preparedness, Train-the-Trainer programs and ergonomic assessments
- The company’s commitment to giving back to the communities it serves including partnerships with and sponsorships of programs like Military Makeover with Montel, Care Camps and the company’s recently announced partnership with LOGAN; and
- Patrick’s roadmap of potential future initiatives, which outlines its vision to increase awareness and support of ESG initiatives.
“As a key supplier to the leisure lifestyle and housing markets, we believe serving these industries requires a responsible and balanced approach that prioritizes accuracy and transparency while working towards and establishing best practices,” Nemeth said. “We are committed to developing systems that increase our influence on sustainability; responsibly and collaboratively building practices that make our communities better.”
To view the company’s full Responsibility & Sustainability Report, click here.