GlobalData offers a comprehensive analysis of Kimball Electronics, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Kimball Electronics‘s ESG performance. GlobalData’s company profile on Kimball Electronics offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
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Kimball Electronics, a global electronic manufacturing services company, is committed to reducing its carbon emissions as part of its sustainability efforts. The company successfully reduced water usage by 13%, hazardous waste by 42%, greenhouse gas emissions by 36%, and air emissions by 26% from 2014 to 2022, calculated on a per-unit produced basis. The company set specific environmental objectives to achieve by 2025, including a 10% reduction in greenhouse gases, a 10% reduction in air emissions, a 15% reduction in electrical usage, and a 20% reduction in water usage.
The company has reported its 2021 Scope 1 and 2 GHG emissions in the CDP Climate Change Questionnaire within the 2022 ESG Report. In 2021, global Scope 1 emissions amounted to 1,101.85 metric tons CO2e, encompassing natural gas and propane usage. Additionally, Scope 2 emissions, location-based, totaled 41,342.58 metric tons CO2e, stemming from the purchase of electrical power and steam at various facilities. The company emphasizes its commitment to measure, monitor, report, and reduce its greenhouse gas emissions, energy and water use, and waste. It also mentions investments in renewable energy, such as the use of solar panels at its facility in Thailand.
Kimball Electronics has taken steps to reduce its emissions and has taken steps which includes changing electrical suppliers to ones that provide 100% renewable energy, implementing processes for data collection and analysis to track the disposal of hazardous waste, and ensuring that 100% of hazardous waste is safely recycled or disposed of in accordance with applicable laws. The company also encourages employees to participate in sustainability initiatives, such as recycling electronic devices and using reusable bags.
In conclusion, Kimball Electronics is actively working towards reducing its carbon emissions and has taken steps to reduce its emissions and invest in renewable energy. Kimball Electronics is dedicated to comprehensive environmental responsibility, encompassing emission reduction, renewable energy adoption, waste management, and employee engagement in sustainability initiatives, exemplified by measures like transitioning to 100% renewable energy suppliers, implementing robust waste disposal tracking, and encouraging employee participation in recycling and reusable practices.
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