At Southwire, we believe that strong, sustainable companies stem from thriving individuals. We encourage our employees to challenge themselves in their professional and personal development, and we seek to provide opportunities and resources to enable their growth.
Southwire’s enduring strength comes from our people. We care for the Southwire family and, in return, they care about and create Southwire’s lasting success. We identified five material topics related to Living Well; click on the links for each topic to read about Southwire’s approach and 2016 performance.
In 2016, Southwire developed five new sustainability goals. We will begin to report our progress toward these goals in our 2017 Sustainability Report. Our Living Well goal and 2021 targets are:
2021 SUSTAINABILITY GOALS & TARGETS
- Achieve 10X increase in injury-free event reporting by 2021.
- Achieve 75% decrease in the total recordable injury rate by 2021.
- Achieve Occupational Safety and Health Administration (OSHA) Voluntary Protection Program (VPP) or equivalent certification at all sites by 2021.
Southwire’s “continuum to best in class” represents a documented and soon to be auditable progression across a continuum of four cultural states: Reactive, Proactive, Systems-Based and Best in Class. As each operation progresses across the continuum, the targets will need to be met.
2016 Sustainability Scorecard
Our 2016 performance on our original Living Well sustainability goals is detailed below. Our 2017 report will disclose progress on our new goals listed above.
|Implement a certified safety management system (OSHA Voluntary Protection Program [VPP] or Occupational Health and Safety Assessment Specification [OHSAS] 18001) at all manufacturing and warehouse locations by YE 2022.||15/39 (38%)||12/36 locations|
|Achieve an OSHA Total Recordable Injury Rate for global operations of less than 1.0 by YE 2018.||1.71||2.20 (legacy SW)|
|Achieve 20% reduction in contractor injury rates by YE 2018.||1.42 (41% reduction)||2.42|
|Improve employee health and well-being across all Southwire locations by achieving:
|Invest in leadership skills and knowledge through the implementation of the following training and development initiatives:
|Foster employee engagement through a targeted 90% voluntary participation in annual Southwire engagement survey by YE 2017.||89%||74% (external benchmark)|
|Achieve a 40% improvement in the number of females in the workforce by YE 2017.||20%||21% female – Legacy SW|
|Improve diversity within the “high potential” pool of future senior leadership by YE 2017.||23.5%||30% (24 of 78 HP)|