Columbus McKinnon : ESG (7 1 2025 cmco fy25 sustainability report)
CMCO
Published on 07/01/2025 at 10:44
Corporate Sustainability ReportFY25
FIFTH EDITION
Table of Contents
Overview 3 Sustainability Priorities 13
Process: Governance,
Ethics & Risk Management 16
Message from David J. Wilson, 4
President and Chief Executive Officer
Message from Elizabeth Chapman, 5
Associate General Counsel,
Director of Corporate Social Responsibility
ESG Highlights of FY2025 6
Creating Stakeholder Value & Engagement 7
About Columbus McKinnon 8
Occupational Health & Safety
27
to the Environment
43
Appendix & Indices
46
Employee Engagement & Satisfaction
28
Emissions & Potential Climate Impact
44
About This Report
47
Succession & People Development
35
Energy, Waste & Pollution
45
UNSDGs
49
Workers in the Value Chain
38
TCFD
50
Labor Relations & Employee Rights
39
GRI Index
52
Customers & End Users
40
SASB
57
Local Communities
41
Calculation Methodology
58
Reconciliation of NON-GAAP Measures
60
People & Social Impact 25
Materiality Assessment 14
Sustainability Materiality Matrix 14
Sustainability Index 15
Planet: Our Commitment
Board & Management Effectiveness 17
Business Ethics & Compliance Management 19
Economic Performance 20
& Long-Term Value Creation
Enterprise Risk Management 23
Cybersecurity 24
Supply Chain Management & Materials 24
This report has been formatted for electronic viewing to reduce environmental impacts associated with printing. Please consider
the environment before printing this document.
Overview
Message from David J. Wilson
President and Chief Executive Officer
This year, we celebrate our 150th anniversary, transforming from our humble beginnings into a global provider of intelligent motion solutions for material handling known for safety, quality, and uptime. We know that sustainable solutions fortify our future by mitigating risks to our business while providing cost savings which leads to long-term value creation.
Rooted in excellence, committed to continuous improvement, and grounded in purpose-driven performance, we are dedicated to improving the lives of our customers, the communities we serve, and our Columbus McKinnon employees.
We know that when we run a responsible, sustainable company, we make our business stronger, more agile, and more resilient. As we advance our journey to become a leading and scaled provider of material handling solutions, purpose remains core to our strategy. We're committed to delivering a focused sustainability strategy embedded in our operations - one that directly aligns with our business goals and encourages good business practices - to deliver strong financial results, long-term value, and sustainable business growth while mitigating our environmental impacts.
We also know that our stakeholders care deeply about how companies engage and impact the communities they serve, their people, and the environment. As a global leader in lifting and precision conveyance solutions and a trusted member of our communities, we have the responsibility to take positive action to build a more sustainable, resilient future.
Caring for our stakeholders and being a steward of their interests and goals is essential for our long-term success. With an ever-changing customer
environment and intense competition for talent and profitable growth, we invested in creating a corporate culture and developing a team capable of delivering a best-in-class experience for our customers. Our team's ingenuity and discipline also make our operations more efficient by reducing environmental impacts, saving costs, and improving our customer experience.
Investments like these are helping us grow, differentiate, and strengthen our Company as we support our customers, shareholders, and the industries we serve. As we advance our industry's sustainability ambitions, we are also looking to make our own operations more efficient, enabling us to be nimble, so we can sustain growth and create shareholder value for decades to come.
We continued to make strides in formalizing our Corporate Sustainability program in FY2025, demonstrating our commitment to our environmental, social focus, and strong governance processes. We remain focused on making a tangible impact on behalf of our customers and are improving lives by providing intelligent motion solutions material handling while achieving strong business results.
This is only possible due to the hard work and dedication of the more than 3,400 Columbus McKinnon employees who are at the heart of everything we do. We are proud of the progress we've made across our business, enhancing our social governance and compliance, expanding our ISO 14001 certifications, and investing in sustainability initiatives that also save costs, while upholding our high standards of integrity.
As we approach the year ahead, we will remain focused on our scale, innovation, and sustainability initiatives that advance our core business strategy and support the pending acquisition of Kito Crosby. We are encouraged by our achievements this year, but we are far from finished. Our commitment to continuous improvement, transparency, and accountability is steadfast as we continue to deliver for our stakeholders.
"We know that sustainable solutions fortify our future by mitigating risks to our business while providing cost savings which leads to long-term value creation."
Message from Elizabeth Chapman
Associate General Counsel, Director of Corporate Social Responsibility
"Each year we continue to strengthen our policies and governance programs, holding ourselves and our business partners accountable to these standards, driving sustainable and responsible growth."
As we celebrate the milestone of our fifth Corporate Sustainability Report (CSR), I am also proud to mark my own fifth year with Columbus McKinnon. This journey has been highlighted by significant strides in sustainability and corporate responsibility.
Since the launch of our Corporate Sustainability program in 2020, we've made great progress in reducing our environmental impact. Our global Green Teams have been instrumental in educating our workforce, calculating our carbon footprint, and implementing strategies to mitigate it. Thanks to
their efforts, we have significantly reduced our Scope 1 and Scope 2 emissions intensity by 30% from our FY2021 baseline. We've also prioritized recycling and reducing waste sent to landfills, achieving remarkable progress in these areas, where today 92% of our waste is diverted from landfills.
Beyond our environmental efforts, we are committed to making a positive social impact inside our organization and in our local communities. At Columbus McKinnon, we strive to create a supportive and inclusive workplace for employees of all backgrounds and experiences focusing on people-driven programs such as professional development and employee engagement.
Employee engagement remains a core focus, as we believe that a motivated and dedicated workforce is crucial to achieving our strategic plan and sustainability goals. Our community investments, including volunteer work and donations to organizations like Habitat for Humanity, reflect our dedication to giving back.
In response to the ever-evolving global landscape, we constantly adapt and strengthen our governance practices. By establishing robust policies and procedures and ensuring adherence to global and local laws and regulations, we maintain compliance and uphold the highest standards of ethics. Each year we continue to strengthen our policies and governance programs, holding ourselves and our business partners accountable to these standards, driving sustainable and responsible growth. We also maintain robust enterprise risk management practices to ensure the long-term stability and resilience of our operations.
In FY2025, our primary sustainability focus has been preparing for regulatory changes, including the European Union Corporate Sustainability Reporting Directive (EU CSRD). We have partnered with Sodali & Co. to ensure full compliance with the reporting requirements and have successfully completed our double materiality assessment, as mandated by the CSRD. We are well positioned to report within the required timeline.
This year, we announced the planned acquisition of Kito Crosby, a strategic move that will further enhance our sustainability structure, strategy, and processes. We are currently evaluating the impact of this acquisition on our sustainability strategy and identifying the necessary steps for integration. Looking ahead, we are committed to integrating Kito Crosby into our sustainability framework and continuing our practice of strong governance and community investment.
I could not be prouder of Columbus McKinnon's progress over the last five years and look forward to the continued positive impact we will make together.
Disclaimer
Columbus McKinnon Corporation published this content on July 01, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 01, 2025 at 14:43 UTC.