Encore Wire Unveils ESG Strategy in Inaugural ESG Report
March 16 2023 - 4:05PM
Business Wire
Encore Wire Corporation (NASDAQ Global Select: WIRE) announced
today the publication of the Company’s first Environmental, Social,
and Governance (ESG) Report. This comprehensive report outlines the
Company’s approach to integrating ESG management into our corporate
strategy and highlights our sustainability achievements to
date.
Daniel L. Jones, Chairman, President, and Chief Executive
Officer of Encore Wire Corporation, said, “Sustainability is a
vital part of Encore Wire’s rich history and long-term commitment
to our community. Our ESG initiatives over the past decade have
allowed us to produce and deliver innovative, high-quality products
to our customers. The results of our initiatives have demonstrated
that responsible and sustainable performance are fundamental to the
future health of our company. The strategies detailed in the 2022
ESG Report have formalized our commitment to sustainability. We
look forward to continuing to improve our position as a sustainable
and responsible company in our industry.”
Encore Wire’s 2022 ESG Report includes the following key
features:
- The Company’s commitment to manage ESG risks and opportunities
effectively.
- The first-ever Materiality Assessment to identify and
prioritize material ESG topics based on the Global Reporting
Initiative’s methodology.
- A detailed description of the Company’s ESG Strategy and
Governance Framework, including the current key focus areas: Energy
and Greenhouse Gas Emissions, Waste Management and Recycling, Water
Management, Employee Wellness and Satisfaction, and Sustainability
Governance.
- Goals, objectives, and work plans for measuring progress for
each focus area.
- 2022 metrics for priority material topics.
- Achievements to date on ESG initiatives.
- Disclosure of relevant ESG metrics under the Sustainability
Accounting Standards Board’s framework.
To find out more and download the Encore Wire 2022 ESG report,
please visit: Environmental, Social and Governance (ESG) | Encore
Wire Corporation.
Encore Wire Corporation is a leading manufacturer of a broad
range of copper and aluminum electrical wire and cables, supplying
power generation and distribution solutions to meet our customers’
needs today and in the future. The Company focuses on maintaining a
low-cost of production while providing exceptional customer
service, quickly shipping complete orders coast-to-coast. Our
products are proudly made in America at our vertically integrated,
single-site Texas campus.
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Bret J. Eckert Executive Vice President Chief
Financial Officer 972-562-9473
Encore Wire (NASDAQ:WIRE)
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