Southwire 2021 Sustainability Report: Approach to Sustainability
Southwire 2021 Sustainability Report
As a family business, we are committed to corporate sustainability. We prioritize environmentally responsible operations by developing innovative manufacturing and installation solutions in response to increasing stakeholder expectations, and we track and monitor our impact on our local environments. In addition, we look for opportunities to foster the health and well-being of our communities through our Strong, Sustainable Southwire strategy. Our Executive Vice President (EVP), General Counsel and Chief Sustainability Officer is responsible for overseeing our sustainability strategy and initiatives.
THE FIVE CORE TENETS
Our strategic sustainability approach leverages our five core tenets to lead and ground our efforts. These tenets are embedded throughout our company culture. They include:
GROWING GREEN: We aim to reduce our environmental footprint, even as we sustain our business and the communities in which we live and work. We recognize that our success depends on the conscientious use of the finite resources of our planet, and we maintain a deep commitment to responsible growth and actively integrating environmental priorities into our core operations.
LIVING WELL: We nurture the culture of a “Southwire family,” and we work each day to enhance the lives of our employees by building a workplace that is diverse, supportive and engaging. Safety and health are top priorities, and we will always treat each other with dignity and respect.
GIVING BACK: Our neighbors depend on us, just as we depend on them. Therefore, we are committed to improving the quality of life in the communities in which we work. At Southwire, this goes beyond providing jobs and paying taxes; it means supporting those in need with time, talent and financial resources.
DOING RIGHT: We foster a culture guided by the ethics of mutual respect, integrity and honesty. We are committed to supporting those values in every aspect of our business and working lives, and we promise transparency and responsiveness when challenges arise.
BUILDING WORTH: Our success depends on our customers’ success. We build worth for our shareholders, customers and other stakeholders by achieving the highest quality and best service in our industry and delivering it with a culture of excellence.
THE BOARD SUSTAINABILITY COMMITTEE
For more than a decade, the Southwire Board of Directors’ Sustainability Committee has provided management guidance and advice through oversight of our Environmental, Social and Governance (ESG) initiatives. The committee also provides sustainability leadership and decision making for:
- Environmental affairs
- Customer and employee safety and health
- Ethics and compliance
- Long-term goal setting
- Resource commitments for sustainability initiatives
THE UNITED NATIONS GLOBAL COMPACT AND THE GLOBAL REPORTING INITIATIVE
Southwire is committed to the United Nations Global Compact (UNGC) principles. The initiative helps us align strategies and drive operational awareness around universal sustainability topics on human rights, labor, environment and anti-corruption. As a signatory, we annually report our progress on 10 UNGC principles and share our vision and progress aligned with our management approaches and progress on material topics in accordance with the Global Reporting Initiative (GRI). To learn more about our commitment to the Global Compact, please see our UNGC Index.
We are proud of Southwire’s sustainability progress and look forward to our future. For more information on the Board Sustainability Committee and its associated responsibilities, please see our Sustainability Committee Charter.
