Vontier Releases 2024 Sustainability Report on World Environment Day
05 Junho 2024 - 8:00AM
Business Wire
Company reports significant progress on safety,
sustainability and innovation
Vontier Corporation (NYSE: VNT), a leading global provider of
critical technologies and solutions to connect, manage and scale
the mobility ecosystem, announced today the release of its 2024
Sustainability Report, which highlights the progress, milestones
and accomplishments of the Company from the past year.
“I am proud to share the wonderful achievements the team made
across numerous sustainability initiatives, which reflect our
dedication to living our purpose as well as our core values,” says
Mark Morelli, President & CEO, Vontier.
The 2024 report details accomplishments across four key areas,
including:
Better Team
- Best-in-class key safety metrics: a Total Recordable Incident
Rate (TRIR) of .36, representing a year-over-year 36% reduction;
and the early achievement of its 2026 goal for Days Away Restricted
Time (DART), with a rate of .21, representing a 47% year-over-year
reduction
- Increased representation of women in leadership globally to 32%
from 29%
- Increased representation of ethnic or racial minorities in U.S.
leadership to 27% from 24%
Better Innovations
- Supported decarbonization efforts worldwide with multi-energy
fueling solutions in compressed and renewable natural gas,
hydrogen, and electrification
- Drove safety innovations across the mobility ecosystem,
including payment security technologies, underground leak
prevention and detection solutions for fueling stations, and
critical tools for the safe repair of electric vehicles
Better Planet
- Signed on to the United Nations Global Compact “Forward Faster”
initiative
- Achieved a 20% year-over-year reduction in absolute Scope 1 and
2 GHG emissions, and a cumulative 40% reduction in absolute Scope 1
and 2 GHG emissions from its 2020 base year
- Named a Finalist for the Reuters Global Energy Transition
Awards
Better Society
- Dedicated the equivalent of $1M in volunteer hours of community
service through the Vontier Day of Caring, and aligned 100% of
Vontier Foundation donations within its giving pillars
- 100% employee participation in psychological safety course
“Sustainability is not about optics at Vontier. It is core to
who we are, what we do, and why we exist. As our 2024
Sustainability Report illustrates, it is about the continuous
pursuit of value creation for our customers, employees,
shareholders and the world,” says Katie Rowen, SVP and Chief
Administrative Officer, Vontier.
About Vontier
Vontier (NYSE: VNT) is a global industrial technology company
uniting productivity, automation and multi-energy technologies to
meet the needs of a rapidly evolving, more connected mobility
ecosystem. Leveraging leading market positions, decades of domain
expertise and unparalleled portfolio breadth, Vontier enables the
way the world moves – delivering smart, safe and sustainable
solutions to our customers and the planet. Vontier has a culture of
continuous improvement and innovation built upon the foundation of
the Vontier Business System and embraced by colleagues worldwide.
Additional information about Vontier is available on the Company’s
website at www.vontier.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240605617059/en/
Nicole Beck, Director, Communications Vontier Corporation
Nicole.beck@vontier.com
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