Trimble has announced the publication of its 2022 Sustainability Report, featuring progress and milestones as part of its sustainability strategy.
Built around the company living its values and mission of transforming the way the world works, the report features how Trimble is ‘Shaping a Sustainable Future’ for the planet and the communities it serves. Trimble is also introducing a new way of communicating about its environmental, social, and governance (ESG) commitments – building resilience, empowering people, and leading with integrity – that reflect Trimble’s approach to sustainability as part of its business strategy.
2022 highlights include:
- Trimble published its first report aligned with the Task Force on Climate-Related Financial Disclosures (TCFD), a globally recognised reporting framework, which provides stakeholders with critical information on its operational climate risks and opportunities.
- Trimble implemented its executive long-term incentive program, adding a ‘People & Planet’ modifier. This ensures that Trimble’s executive compensation is aligned to its science-based carbon reduction and workforce diversity goals.
- Trimble entered into a new five-year US$1.25 billion revolving credit facility that will help drive progress for two of Trimble’s sustainability commitments: reducing the company’s greenhouse gas (GHG) footprint and increasing gender diversity with more female representation in the workplace.
- Trimble made progress on its renewable electricity goal. The company is at 36% of its goal of 100% renewable electricity by 2025. Trimble has sourced energy from local producers in Germany, as well as from hydroelectricity plants in the US and on-site solar at several of its facilities worldwide.
- Trimble is helping to shape the global leaders for tomorrow with 28 Trimble Technology Labs (TTL) across 14 countries on 5 continents. In 2022, the company celebrated its latest TTL at Edinburgh Napier University (ENU) with an inaugural Trimble TTL Conference. It welcomed more than 50 leading construction, geospatial, and natural resources academics from around the world to participate in knowledge exchange and community building.
The report summarises Trimble’s sustainability initiatives and performance, highlighting the company’s sustainability approach; end-user industry solutions; community philanthropy through its Trimble Foundation Fund; employee engagement and development, as well as diversity, equity, and inclusion (DEI) initiatives; and governance. The report’s data aligns with the Sustainability Accounting Standards Board (SASB) standards for Electrical and Electronic Components and Software and IT Services. It also aligns with the United Nations Sustainable Development Goals (UN SDGs).
Read the article online at: https://www.globalminingreview.com/mining/11092023/trimble-releases-2022-sustainability-report/
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