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Applied Industrial Technologies Releases 2024 Environmental, Social, and Governance (ESG) Report

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Applied Industrial Technologies (NYSE: AIT) has released its 2024 Environmental, Social, and Governance (ESG) Report, highlighting progress in sustainability and socially responsible practices. Key achievements include:

  • 3% reduction in absolute energy consumption
  • Increased percentage of waste recycled
  • 31% decrease in total recordable incident rate to 0.78 in 2024
  • Development of an Emergency Management System Manual for ISO 14001:2015 certification

The report aligns with Global Reporting Initiative (GRI) standards and Sustainability Accounting Standards Board (SASB) frameworks. CEO Neil A. Schrimsher emphasized the company's commitment to creating a more sustainable industrial economy and driving progress that aligns with core values and stakeholder expectations.

Applied Industrial Technologies (NYSE: AIT) ha pubblicato il suo Rapporto ESG 2024, evidenziando i progressi nella sostenibilit脿 e nelle pratiche socialmente responsabili. I principali risultati includono:

  • riduzione del 3% nel consumo energetico assoluto
  • aumento della percentuale di rifiuti riciclati
  • decremento del 31% nel tasso totale di incidenti registrabili, scendendo a 0,78 nel 2024
  • Sviluppo di un Manuale del Sistema di Gestione delle Emergenze per la certificazione ISO 14001:2015

Il rapporto 猫 conforme agli standard della Global Reporting Initiative (GRI) e ai framework del Sustainability Accounting Standards Board (SASB). Il CEO Neil A. Schrimsher ha sottolineato l'impegno dell'azienda a creare un'economia industriale pi霉 sostenibile e a promuovere progressi che siano in linea con i valori fondamentali e le aspettative degli stakeholder.

Applied Industrial Technologies (NYSE: AIT) ha lanzado su Informe ESG 2024, destacando los avances en sostenibilidad y pr谩cticas socialmente responsables. Los logros clave incluyen:

  • reducci贸n del 3% en el consumo energ茅tico absoluto
  • incremento en el porcentaje de residuos reciclados
  • disminuci贸n del 31% en la tasa total de incidentes registrables, alcanzando 0,78 en 2024
  • Desarrollo de un Manual del Sistema de Gesti贸n de Emergencias para la certificaci贸n ISO 14001:2015

El informe se ajusta a los est谩ndares de la Global Reporting Initiative (GRI) y a los marcos del Sustainability Accounting Standards Board (SASB). El CEO Neil A. Schrimsher enfatiz贸 el compromiso de la empresa de crear una econom铆a industrial m谩s sostenible y de impulsar el progreso que se alinee con los valores fundamentales y las expectativas de los interesados.

鞏错攲霛检澊霌 靷办梾 旮办垹(Applied Industrial Technologies) (NYSE: AIT)鞚 2024 頇橁步, 靷殞, 瓯半矂雱岇姢(ESG) 氤搓碃靹毳 氚滍憸頃橂┌ 歆靻 臧電レ劚 氚 靷殞鞝侅溂搿 毂呾瀯 鞛堧姅 甏頄夓棎靹滌潣 歆勳爠鞚 臧曥“頄堨姷雼堧嫟. 欤检殧 靹标臣電 雼れ潓瓿 臧欖姷雼堧嫟:

  • 鞝堧寑 鞐愲剤歆 靻岆箘 3% 臧愳唽
  • 鞛櫆鞖╇悳 韽愱赴氍 牍勳湪 歃濌皜
  • 2024雲 齑 旮半 臧電 靷碃鞙 31% 臧愳唽, 0.78搿 旮半
  • ISO 14001:2015 鞚胳鞚 鞙勴暅 牍勳儊 甏毽 鞁滌姢韰 毵る壌鞏 臧滊皽

鞚 氤搓碃靹滊姅 旮搿滊矊 氤搓碃 鞚措媹靺旐嫲敫(GRI) 旮办歆靻 臧電レ劚 須岅硠 旮办 鞙勳洂須(SASB) 頂勲爤鞛勳泴韥鞐 攵頃╉暕雼堧嫟. CEO 雼 A. 鞀堧靺(Neil A. Schrimsher)電 須岇偓臧 氤措嫟 歆靻 臧電ロ暅 靷办梾 瓴届牅毳 毵岆摛旮 鞙勴暅 項岇嫚瓿 頃奠嫭 臧旃 氚 鞚错暣甏瓿勳瀽鞚 旮半寑鞐 攵頃╉晿電 歆勳爠鞚 於旍頃橁碃 鞛堨潓鞚 臧曥“頄堨姷雼堧嫟.

Applied Industrial Technologies (NYSE: AIT) a publi茅 son Rapport ESG 2024, soulignant les avanc茅es en mati猫re de durabilit茅 et de pratiques socialement responsables. Les principales r茅alisations comprennent :

  • r茅duction de 3% de la consommation d'茅nergie absolue
  • augmentation du pourcentage de d茅chets recycl茅s
  • diminution de 31% du taux total d'incidents enregistrables, atteignant 0,78 en 2024
  • D茅veloppement d'un manuel du syst猫me de gestion des urgences pour la certification ISO 14001:2015

Le rapport est conforme aux normes de l'Initiative de Reporting Mondial (GRI) et aux cadres du Sustainability Accounting Standards Board (SASB). Le PDG Neil A. Schrimsher a soulign茅 l'engagement de l'entreprise 脿 cr茅er une 茅conomie industrielle plus durable et 脿 favoriser des progr猫s qui s'alignent sur les valeurs fondamentales et les attentes des parties prenantes.

Applied Industrial Technologies (NYSE: AIT) hat seinen ESG-Bericht 2024 ver枚ffentlicht, der Fortschritte in Bezug auf Nachhaltigkeit und sozial verantwortliche Praktiken hervorhebt. Zu den wichtigsten Erfolgen geh枚ren:

  • 3% Reduktion des absoluten Energieverbrauchs
  • Erh枚hung des Anteils an recycelten Abf盲llen
  • 31% R眉ckgang der insgesamt erfassten Unfallquote auf 0,78 im Jahr 2024
  • Entwicklung eines Notfallmanagementsystem-Handbuchs zur Zertifizierung nach ISO 14001:2015

Der Bericht steht im Einklang mit den Standards der Global Reporting Initiative (GRI) und den Rahmenwerken des Sustainability Accounting Standards Board (SASB). CEO Neil A. Schrimsher betonte das Engagement des Unternehmens f眉r die Schaffung einer nachhaltigeren Industrie枚konomie und f眉r Fortschritte, die mit den Grundwerten und Erwartungen der Stakeholder im Einklang stehen.

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CLEVELAND--(BUSINESS WIRE)-- Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies, today announced the release of its 2024 Environmental, Social, and Governance (ESG) Report. The Report highlights the Company鈥檚 progress and continued commitment to sustainability and socially responsible business practices in fiscal year 2024.

Neil A. Schrimsher, President & Chief Executive Officer for Applied, commented, 鈥淚 am pleased to share Applied鈥檚 2024 ESG Report and the ongoing effort our team is making to create a more sustainable and effective industrial economy. Consistent with our commitment to continuous improvement, our ESG strategy is approached with a long-term perspective and balanced focus on driving steady progress that aligns with our Core Values and stakeholders鈥 expectations. We have integrated our ESG strategy across our business to reduce our environmental footprint, foster a workplace where all our associates can thrive, create a positive impact in our communities, operate in an ethical and responsible way, and help our customers achieve their sustainability goals. I am proud of our progress in recent years and look forward to continuing to identify and prioritize the opportunities that can contribute to a better world for all our stakeholders.鈥

Highlights from Applied鈥檚 2024 ESG Report include:

  • Reduced absolute energy consumption by 3% and increased percentage of waste recycled
  • Expanded information on the Company鈥檚 operations and efforts, including newly added information about Applied鈥檚 waste generation and water consumption
  • Decreased total recordable incident rate (TRIR) by 31% year-over-year to 0.78 in calendar year 2024, below industry association and U.S. Bureau of Labor Statistic benchmarks
  • Performed an initial environmental review and gap analysis, and developed an Emergency Management System Manual in pursuit of ISO 14001:2015 certification in fiscal year 2025

Mr. Schrimsher added, 鈥淎pplied is committed to driving further progress going forward. We will remain focused on providing and integrating solutions in both our own operations and our customers that further advance our ESG journey, while strengthening our Company and the broader environment for the long term.鈥

The Report utilizes Global Reporting Initiative (GRI) standards and aligns with the ESG disclosure and reporting frameworks established by the Sustainability Accounting Standards Board (SASB).

To learn more about Applied鈥檚 2024 ESG Report, its business, and related associate efforts and activities, please visit: .

About Applied
Applied Industrial Technologies is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO and OEM end users in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise. For more information, visit .

Ryan D. Cieslak

Director 鈥 Investor Relations & Treasury

216-426-4887 / rcieslak@applied.com

Source: Applied Industrial Technologies, Inc.

FAQ

What are the key highlights of Applied Industrial Technologies' 2024 ESG Report?

Key highlights include a 3% reduction in energy consumption, increased waste recycling, a 31% decrease in total recordable incident rate to 0.78, and development of an Emergency Management System Manual for ISO 14001:2015 certification.

How did Applied Industrial Technologies (AIT) perform in terms of workplace safety in 2024?

AIT decreased its total recordable incident rate (TRIR) by 31% year-over-year to 0.78 in calendar year 2024, which is below industry association and U.S. Bureau of Labor Statistic benchmarks.

What environmental goals did Applied Industrial Technologies (AIT) achieve in 2024?

AIT reduced absolute energy consumption by 3% and increased the percentage of waste recycled. They also expanded information on waste generation and water consumption in their operations.

Which reporting standards does Applied Industrial Technologies' 2024 ESG Report follow?

The report utilizes Global Reporting Initiative (GRI) standards and aligns with the ESG disclosure and reporting frameworks established by the Sustainability Accounting Standards Board (SASB).

What is Applied Industrial Technologies (AIT) planning for its ESG efforts in fiscal year 2025?

AIT is pursuing ISO 14001:2015 certification in fiscal year 2025, having performed an initial environmental review and gap analysis, and developed an Emergency Management System Manual.

Applied Industrial Technologies, Inc.

NYSE:AIT

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Industrial Distribution
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