Operational
We strive to improve our performance annually across key environmental metrics to deliver superior value to all stakeholders. Our goals and practices associated with greenhouse gas emissions, energy intensity, recycling, and water use demonstrate our commitment to best-in-class performance and reducing our operational footprint.
GREENHOUSE GAS EMISSIONS & ENERGY INTENSITY
We are committed to reducing our carbon footprint through the reduction of greenhouse gas (GHG) emissions. In 2023, we reduced absolute Scope 1 and 2 thanks to continued investment in energy Efficiency projects within our operations. Energy intensity — the total amount of energy consumed per labor hour worked — is also one of our key metrics with improvement goals.
Absolute Metric Tons CO2e of GHG
2025 Goal
10% Reduction
in scope 1 and scope 2 GHG emissions from 2018 baseline
Our Progress
18.9% Reduction
total tons CO2e from 2018 baseline to 2023
- Scope 1
- Scope 2
RECYCLING & LANDFILL AVOIDANCE
We aspire to achieve zero waste from our operations. Our waste management program prioritizes a “reduce, reuse, and recycle” approach to divert waste from landfills, leverage waste as a resource, and increase recycling in our operations.
This includes expanding the use of our waste as a feedstock for third parties and introducing collection and handling systems that allow us to capture and reuse materials. We measure the percentage of all waste that we can reuse or recycle, the percentage of permissible waste1 that can be diverted from landfills, and the percentage of hazardous waste.
- Permissible waste is waste that is non-hazardous (per the local country definition).
Total Waste Recycling & Landfill Avoidance
2025 Goal Landfill Avoidance
97%
Our Progress
94%
2025 Goal Waste Recycling
80%
Our Progress
76.5%
- Total Waste Recycling Percentage (Including Metals)
- Landfill Avoidance Percentage
WATER MANAGEMENT
Water is an important natural resource and we acknowledge our responsibility to manage water carefully. Water is predominantly used in our consumable manufacturing processes. We monitor and measure absolute water use and water intensity (cubic meters of water used per hour worked).
Water Usage (Cubic Meters)
2025 Goal
14% Reduction
from 2018 baseline to 2025
Our Progress
25% Reduction
from 2018 baseline to 2023
ENERGY SAVINGS THROUGH THERMAL INSULATION
At our facility in Dzierzoniow, Poland, baths used in the nickel-plating process were cooling too quickly due to a lack of proper thermal protection. Maintaining the correct temperature required frequent activation of electric heaters, which resulted in a high consumption of electricity. The addition of external thermal insulation helped maintain the proper temperature in the baths for extended periods.
COMPRESSED AIR STORAGE
Our facility in Mason, Ohio installed new dry air tanks for compressed air storage. In addition, the facility added a flow control to maintain constant air pressure in the plant (previously pressure was often higher than needed). This allows the facility to run 2 out of 3 air compressors, and use the third only as a backup. In addition, an air leak inspection/audit was performed throughout the facility. Every 2 psi reduced, results in a 1% savings of our total energy costs.
INCREASING SOLAR POWER GENERATION
Our facility in Chennai, India, has continued to increase its on-site solar energy generation. The facility had been equipped with 700 KWH rooftop solar power generation units. In 2023, the solar power generation capacity was increased by 500 KWH (71%). In the current configuration following the capacity increase, 25% of the overall electricity consumption of the facility is satisfied through solar-generated power.
REDUCING HEAT LOSS
Our facility in Mississauga, Canada installed an air knife on the exhaust stack of a rod mill to maintain chamber pressure and reduce heat loss through the stack. This reduces heat loss and gas usage during idle periods of the equipment. Annual Energy usage has been reduced by 3%.