COLUMBUS, Ohio, October 5, 2021 (GLOBE NEWSWIRE) – Worthington Industries, Inc. (NYSE: WOR) today announced the release of its Corporate Citizenship and Sustainability Report 2021, which summarizes the company’s key performance and metrics for fiscal 2021 in several key areas including culture, citizenship, corporate governance, and environmental health and safety. The report can be viewed on the company’s website at https://worthingtonindustries.com/ Sustainability Report.
“Since our inception, Worthington Industries has worked hard to be a good corporate citizen to all of our constituencies and communities, and to minimize our environmental footprint,” said President and CEO Andy Rose. “Environmental, social and governance-oriented responsibility is becoming increasingly important to our success, and we would not be able to achieve the success we have had without our employees, customers, suppliers and stakeholders.” Rose added, “Although we are proud Based on our efforts so far, we are determined to expand our goals and share our progress along this path. “
Worthington Industries 2021 Corporate Citizenship and Sustainability Report highlights include the following:
Over $ 2.2 million donated to the community through the Worthington Industries Foundation, which supports 46 health, welfare, youth and education, community, and arts organizations
Contributed $ 20 million of proceeds from the company’s Nikola investment to the Worthington Industries Foundation and prioritized $ 1 million grants to meet increased community needs due to the coronavirus pandemic
Completed Worthington’s first company-wide engagement survey, attended by over 70 percent of employees, and results that exceed benchmarks for employee engagement, safety and manager effectiveness
Establish a Diversity, Justice and Inclusion Leadership Council (DEI) and develop a DEI strategy that focuses on strengthening the four pillars: workforce, workplace, community and partnerships
Achieved a record low reportable injury rate in fiscal year of 1.45 in an industry that had a reportable rate of over 4. as a benchmark
Awarded a record 64 percent of production sites with four- and five-star performance ratings by the company’s Green Star initiative, which recognizes year-on-year improvements in the categories of continuous improvement, energy conservation, waste reduction, water conservation, and regulatory compliance
96 percent of the waste generated across the group is recycled
Providing the Worthington Board of Directors Nominations and Governance Committee to oversee all corporate social responsibility policies, practices and reporting
Worthington Industries’ 2021 Corporate Citizenship and Sustainability Report has been developed in accordance with the Iron & Steel Producers Industry Standard of the Sustainability Accounting Standards Board (SASB).
About Worthington Industries
Worthington Industries (NYSE: WOR) is a leading industrial manufacturing company providing innovative solutions to customers across a wide range of industries including transportation, construction, industrial, agriculture, retail and energy. Worthington is North America’s premier value added steel processor and manufacturer of laser welded products; and a global leader in pressure cylinders and accessories for applications such as fuel storage, water systems, outdoor living, tools, and celebrations. The company’s brands, which are primarily retailed, include Coleman®, Bernzomatic®, Balloon Time®, Mag Torch®, Well-X-Trol®, General®, Garden-Weasel®, Pactool International® and Hawkeye ™. Worthington’s WAVE joint venture with Armstrong is the North American market leader for innovative ceiling solutions.
Worthington is headquartered in Columbus, Ohio, operates 53 facilities in 15 states and seven countries, sells in over 90 countries, and employs approximately 8,000 people. Founded in 1955, the company has a people-first philosophy with the primary goal of making money for its shareholders. Worthington relentlessly seeks new ways to drive progress and practice a shared commitment to transformation that enables Worthington to deliver better solutions for customers, employees, shareholders and communities.
Safe Harbor Statement
The Company wishes to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 (the “Act”). Statements by the company that are not historical information are deemed “forward-looking statements” within the meaning of the law. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Factors that could cause actual results to differ materially include risks, uncertainties and effects from time to time Described in the company’s filings with the securities and Exchange Commission, including those related to COVID-19 and the various actions taken in relation to this that could increase other risks as well.
SONYA L. HIGGINBOTHAM
VP, CORPORATE COMMUNICATION AND BRAND MANAGEMENT
614.438.7391 | [email protected]
MARCUS A. ROGIER
TREASURE AND INVESTOR RELATIONS OFFICER
614.840.4663 | [email protected]
200 Old Wilson Bridge Road. | Columbus, Ohio 43085