COLUMBUS, Ohio, Oct. 05, 2021 (GLOBE NEWSWIRE) – Worthington Industries, Inc. (NYSE: WOR) today announced the release of its 2021 Corporate Citizenship and Sustainability Report, summarizing key accomplishments of the company and the performance indicators obtained during the 2021 financial year in several important 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 for all of our ridings and in our communities, as well as to minimize our environmental footprint,” said President and CEO Andy Rose. “Environmental, social and corporate governance stewardship continues to become a more important driver of our success, and we could not achieve the success we have had without our employees, our customers, our suppliers. and our stakeholders. Rose added, “While we are proud of our efforts to date, we are committed to expanding our goals and sharing our progress along the way. “
Highlights of the 2021 Worthington Industries Corporate Citizenship and Sustainability Report are as follows:
Donated over $ 2.2 million to the community, through the Worthington Industries Foundation, supporting 46 organizations in health, social services, youth and education, causes civic and arts
Contributed $ 20 million of the company’s Nikola investment proceeds to the Worthington Industries Foundation and prioritized $ 1 million in grants to meet increased community needs due to the coronavirus pandemic
Completed Worthington’s first company-wide engagement survey with over 70 percent of employees participating, and results exceeding benchmarks for employee engagement, safety and efficiency managers
Creation of a Diversity, Equity and Inclusion (DCI) Board of Directors and development of a DCI strategy focused on strengthening four pillars: Workforce, Workplace, Community and Partnerships
Achieves a record-breaking rate of recordable injuries for fiscal year of 1.45 in an industry that rates a recordable rate above 4
Achieved a record 64% of four and five star performance ratings for manufacturing facilities thanks to the company’s Green Star initiative, which recognizes year-over-year improvements in continuous improvement categories , energy saving, waste reduction, water conservation and regulatory compliance
Recycled 96 percent of waste generated throughout the company
Provide oversight to the Nominating and Governance Committee of the Worthington Board of Directors of all corporate social responsibility policies, practices and reports
The Worthington Industries 2021 Corporate Citizenship and Sustainability report was developed in accordance with the Iron and 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 spanning many industries including transportation, construction, industry, agriculture, retail and l ‘energy. Worthington is the leading value-added steel processor and producer of laser welded products in North America; and one of the world’s leading suppliers of pressure cylinders and accessories for applications such as fuel storage, water supply systems, outdoor living, tools and celebrations. The Company’s brands, primarily sold in retail stores, 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 leader in innovative ceiling solutions.
Headquartered in Columbus, Ohio, Worthington operates 53 facilities in 15 states and seven countries, sells in more than 90 countries and employs approximately 8,000 people. Founded in 1955, the company follows a people-centered philosophy, with the primary business objective of making money for its shareholders. By continually finding new ways to drive progress and practicing a shared commitment to transformation, Worthington makes better solutions possible for customers, employees, shareholders and communities.
Safe Harbor Declaration
The Company wishes to take advantage of the safe harbor provisions included in the Private Securities Litigation Reform Act of 1995 (the “Act”). Statements by the Company that are not historical information constitute “forward-looking statements” within the meaning of the Law. All forward-looking statements are subject to risks and uncertainties which could cause actual results to differ from those projected. Factors that could cause actual results to vary materially include the risks, uncertainties and impacts described from time to time in documents filed by the Company with the Securities and Exchange Commission, including those related to COVID-19 and the various measures taken in this regard, which may also increase other risks.
SONYA L. HIGGINBOTHAM
VP, CORPORATE COMMUNICATIONS AND BRAND MANAGEMENT
614.438.7391 | [email protected]
MARCUS A. ROGIER
TREASURER AND RESPONSIBLE FOR INVESTOR RELATIONS
614.840.4663 | [email protected]
200 Old Wilson Bridge Road. | Columbus, Ohio 43085