Helios Technologies Advances Sustainability Efforts
28 April 2022 - 2:45PM
Business Wire
- Helios and its Board affirmed its commitment to
environmental, social and governance (ESG) matters as an integral
part of the Company’s business strategy
- Internal and external efforts work to ensure that Helios’
trusted global brands deliver technology solutions that ensure
safety, reliability, connectivity and control
- Launched new website that provides greater access to ESG
information
Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the
“Company”), a global leader in highly engineered motion control and
electronic controls technology for diverse end markets, today
announced progress in advancing its Corporate Shared Values as they
relate to sustainability efforts in its continued commitment to ESG
matters through the launch of a new Company website with greater
access to ESG information.
“Helios Technologies’ environmental, social and governance (ESG)
responsibilities are the living, operating principles by which we
measure ourselves and shape our behavior on a daily basis,”
commented Josef Matosevic, President and Chief Executive Officer.
“At the Board level, we established an ESG Committee as a component
of our governance structure to assist the Company in its oversight
of corporate social responsibilities, significant public policy
issues, health and safety, and climate-change related trends and
other global ESG matters, in addition to overseeing all corporate
governance matters pertaining to the Company.”
Read more about the Company’s progress and follow its ESG
journey at https://heliostechnologies.com/esg
Highlights from 2021 initiatives included:
- Governance enhancements: Policies established for director
nominations to ensure diversity and inclusion, attendance at annual
meetings, annual ethics trainings for all employees, and created an
ESG Board Committee.
- Environmental Sustainability: Global initiatives across our
subsidiaries to identify significant waste streams and reduce waste
using production process redesigns, scrap reduction initiatives,
electronic waste reduction, and elimination of hazardous materials.
In addition, baseline environmental data has been completed to help
shape future planning, which includes Scope 1 and Scope 2
greenhouse gas inventory reports, as well as waste reduction and
water conservation measures.
- Social Responsibility: Diversity, Equity, and Inclusion (DEI)
are at the forefront of Helios’ workplace endeavors. This includes
a clearly articulated policy of diversity and inclusion and
required training. With 54% of the current workforce comprised of
diverse, minority nationalities, the Company is actively seeking to
support further diversity and representation of minorities and
women in the workplace. At the Community level, Helios provides a
platform for corporate and employee support of charitable
organizations, and during 2021 provided support to 48 organizations
through the platform.
About Helios Technologies Helios Technologies is a global
leader in highly engineered motion control and electronic controls
technology for diverse end markets, including construction,
material handling, agriculture, energy, recreational vehicles,
marine, health, and wellness. Helios sells its products to
customers in over 90 countries around the world. Its strategy for
growth is to be the leading provider in niche markets, with premier
products and solutions through innovative product development and
acquisition. The Company has paid a cash dividend to its
shareholders every quarter since becoming a public company in 1997.
For more information please visit: www.heliostechnologies.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220428005316/en/
Tania Almond Vice President, Investor Relations, Corporate
Communication and Risk Management (941) 362-1333
tania.almond@HLIO.com
Deborah Pawlowski Kei Advisors LLC (716) 843-3908
dpawlowski@keiadvisors.com
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