BUCKINGHAMSHIRE, UK / ACCESSWIRE / October 4, 2022 / One of the world’s leading manufacturers of titanium wheels for light vehicles, HIA Industries International, Inc. supplies OEMs and the aftermarket in Europe. The report is an important tool for communicating the company’s ongoing direction in managing sustainability. It provides stakeholders with additional information on the organization’s engagement on social issues, progress on environmental commitments, and corporate governance initiatives.
Report Highlights:
The publication provides stakeholders with insights from the first sustainability materiality assessment of HIA. The information contained therein helps the Company to refine its ESG framework, as well as to establish priorities and clarify objectives.
The report found that HIA exceeded industry benchmarks in terms of reportable incidents related to security issues.
It reaffirms the Company’s success in meeting carbon footprint targets. The organization’s carbon footprint has been reduced by 7% between 2020 and 2021 and helps focus efforts to become carbon neutral by the end of 2039, which will increase asset value.
The report also served to introduce the RATM wheel initiative which focused on the design and development of carbon neutral and low carbon products.
Jackson Bourne, President and CEO of HIA, welcomed the release of the report and said the company’s accomplishments, as described in the 2022 Sustainability Report, underscore the teams’ ongoing efforts. organizations to reduce the impact of operations on the environment and make the company a safer and more inclusive environment for employees.
He also said the efforts were guided by a commitment to the four pillars of people, planet, product and process.
He stressed that the company is “committed to continuing to advance our commitment to enabling enterprise-wide sustainability.”
He concluded that HIA was focused on its leadership role in corporate stewardship, which underpinned the organization’s competitiveness and played a central role in creating shareholder value. The company, he said, is committed to advancing ESG goals for years to come. Something that is good for investors according to the Update from Henderson High Income Trust and similar trusts
The report has been informed in accordance with the guidelines set out in the Global Reporting Initiative (GRI) and complies with the standards of the GRI 2022 Sustainability Report. HIA also complies with the requirements of the Sustainable Accounting Standards Board (SASB), as well as the United Nations Sustainable Development Goals (UNSDG) Guidelines.
The Company also actively participates in reporting via EcoVadisthe United Nations Global Compact and the Carbon Disclosure Project (CDP).
Media Contact
Company Name:- HIA Industries International
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Company website:-hiaindustries.com
THE SOURCE: HIA Industries International
