Yahoo Finance Vontier Named to TIME's World's Most Sustainable Companies 2024 List
Inaugural list awards only 500 companies globally
RALEIGH, N.C., June 25, 2024--(BUSINESS WIRE)--Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, has been recognized on the inaugural edition of TIME's World's Most Sustainable Companies 2024 list.
The World's Most Sustainable Companies 2024 were selected based on a four-step process that considered over twenty key indicators. Vontier’s CDP score, alignment with GRI and SASB, emissions and energy intensity, employee turnover, and worker safety were included in the analysis. Out of the thousands of companies that were eligible for the award, only 500 are recognized on the list with fewer than 25% (115 total) of them headquartered in the United States.
"Sustainability and Vontier are inextricably linked. For Vontier to be recognized as a global leader in this space is incredibly special to me and the thousands of others in our organization who make the world a more sustainable place at work each and every day," says Katie Rowen, SVP & Chief Administrative Officer at Vontier.
Vontier recently released their annual Sustainability Report, highlighting key ESG achievements and commitments. Highlights from the report include:
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%
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
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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Contacts
Corporate Communications Contact:
Nicole Beck, Director, External Communications
Vontier Corporation
Nicole.beck@vontier.com
Investor Relations Contact
Ryan Edelman, Vice President, Investor Relations
Vontier Corporation
Ryan.edelman@vontier.com
