Columbus McKinnon Publishes Fourth Annual Corporate Sustainability Report
17 June 2024 - 8:45PM
Business Wire
Columbus McKinnon Corporation (Nasdaq: CMCO) (“Columbus
McKinnon” or the “Company), a leading designer and manufacturer of
intelligent motion solutions, products and technologies for
material handling, today announced the publication of its fourth
annual Corporate Sustainability Report. This year, the report
provides details on Columbus McKinnon’s performance highlights and
progress made through fiscal 2024 on key sustainability
initiatives.
Highlights outlined in this year’s report include:
- Progress on the Company’s ESG initiatives, including energy,
operational efficiency and waste reduction plans
- Goals and targets related to sustainability in CMCO’s
Sustainability Index
- Columbus McKinnon’s approach to governance and risk management,
especially as they relate to environmental and social impacts
- Continued diversity and inclusion efforts, including
company-wide inclusivity training for all managers as well as a
monthly DE&I newsletter for all global employees
- Insights on a second successful year of CMCO Cares program,
which drove new community partnerships and engagement of employees
worldwide to support important causes in their communities
“Last year, we continued to advance our sustainability strategy
and delivered positive change through purpose-driven performance
across our business,” said David Wilson, President and CEO of
Columbus McKinnon. “We are focused on making a tangible impact on
behalf of our customers and are improving lives by providing
intelligent motion solutions while achieving record business
results. Taking care of our team, customers, shareholders and the
communities we serve is essential to support sustained growth. When
we focus on running a responsible, sustainable company, we make our
business stronger, more agile and more resilient.”
To view Columbus McKinnon’s Corporate Social Responsibility
report, visit investors.cmco.com/financials/Annual--Reports.
About Columbus McKinnon Columbus McKinnon is a leading
worldwide designer, manufacturer and marketer of intelligent motion
solutions that move the world forward and improve lives by
efficiently and ergonomically moving, lifting, positioning, and
securing materials. Key products include hoists, crane components,
precision conveyor systems, rigging tools, light rail workstations,
and digital power and motion control systems. The Company is
focused on commercial and industrial applications that require the
safety and quality provided by its superior design and engineering
know-how. Comprehensive information on Columbus McKinnon is
available at www.cmco.com.
Safe Harbor Statement This news release contains
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements are generally identified by the use of forward-looking
terminology, including the terms “anticipate,” “believe,”
“continue,” “could,” “estimate,” “expect,” “illustrative,”
“intend,” “likely,” “may,” “opportunity,” “plan,” “possible,”
“potential,” “predict,” “project,” “shall,” “should,” “target,”
“will,” “would” and, in each case, their negative or other various
or comparable terminology. Forward-looking statements are not based
on historical facts, but instead represent our current expectations
and assumptions regarding our business, the economy and other
future conditions, and involve known and unknown risks,
uncertainties and other factors that could cause the actual
results, performance or achievements of the Company to differ
materially from any future results, performance or achievements
expressed or implied by the forward-looking statements. It is not
possible to predict or identify all such risks. These risks
include, but are not limited to, the risk factors that are
described under the section titled “Risk Factors” in our Annual
Report on Form 10-K for the fiscal year ended March 31, 2024 as
well as in our other filings with the Securities and Exchange
Commission, which are available on its website at www.sec.gov.
Given these uncertainties, you should not place undue reliance on
these forward-looking statements. Forward-looking statements speak
only as of the date they are made. Columbus McKinnon undertakes no
duty to update publicly any such forward-looking statement, whether
as a result of new information, future events or otherwise, except
as may be required by applicable law, regulation or other competent
legal authority.
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Kristine Moser VP IR and Treasurer Columbus McKinnon Corporation
704-942-3253 kristy.moser@cmco.com
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