CHICAGO — Littelfuse, Inc. has released its 2022 Sustainability Report. The report underscores the strength of the company’s sustainability program.
“We are pleased to share our latest report, which reflects our dedication to integrating sustainability into all aspects of our business,” said Dave Heinzmann, Littelfuse President and Chief Executive Officer. “When we align our strategies with environmental responsibility, social progress, and governance practices, we create meaningful impact for our customers, shareholders, employees, and communities, and become more resilient as a company. I am very proud of our global teams’ efforts to drive positive change. Together, we are paving the way toward a brighter future that harmonizes business success with global wellbeing.”
Highlights from the 2022 Sustainability Report, which covers the calendar year ended December 31, 2022, include:
- Environmental:
- 22% decrease in Scope 2 GHG emissions intensity; broadened Scope 3 disclosure
- 12% decrease in overall energy intensity
- Evolution of product environmental compliance steering committee
- Expanded conflict minerals due diligence program to include Cobalt and Mica
- Social:
- Increased global female leaders and U.S. Black and African American employees
- ~20% reduction in total case incident rate
- Performed ongoing U.S. pay equity analyses
- Refined corporate values and behaviors to support long-term growth strategy
- Governance:
- Expanded reporting framework alignment beyond GRI, SASB, and SDGs to include Task Force on Climate-Related Financial Disclosures Report (TCFD)
- Enhanced enterprise risk management process
- Augmented supplier due diligence program
- Implemented climate-related risks and opportunities committee
“Our 2022 Sustainability Report exemplifies our ongoing commitment to provide comprehensive disclosures for all stakeholders,” said Rebekah Mihm, Littelfuse Global Ethics, Compliance, and Sustainability Manager. “We continue to prioritize framework alignment and data governance as demonstrated by our TCFD report, and the implementation of ESG software. Our sustainability program is built on a strong foundation and encompasses robust ESG initiatives that will deliver positive impact for many years to come.”
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