Rogers Releases 2023 Environmental, Social and Governance Report Supplement
01 July 2023 - 2:50AM
Business Wire
Rogers Corporation (NYSE:ROG) (“Rogers”), announced today that
it has issued an update (Report Supplement) to its 2021
Environmental, Social and Governance (ESG) Report.
“For decades Rogers has been a leader in innovative materials
solutions, which enable technologies that improve lives and help
create a more sustainable world,” said Colin Gouveia, Rogers'
President and CEO. “Our commitment to corporate responsibility and
sustainability is deeply embedded in our culture, and we strive to
demonstrate this commitment in both the way we operate and by
enabling sustainable end markets, such as electric vehicles and
renewable energy. Today’s report highlights the progress we are
making, and we look forward to building on our accomplishments as
we continue on our sustainability journey.”
Report Supplement Highlights:
- Updates the data provided in Rogers Corporation’s 2021 ESG
Report
- Covers the period from January 1, 2022 to December 31,
2022
- Features improved reporting quality with third-party
verification of greenhouse gas inventories for 2021 and 2022
- Includes extended reporting of employee health and safety
metrics
This Report Supplement provides disclosure guided by the
established sustainability and reporting framework published by the
Sustainability Accounting Standards Board (SASB), specifically the
Hardware Industry standard for the Technology & Communications
Sector (TC-HW).
The Report Supplement is available at the Company’s website.
About Rogers Corporation
Rogers Corporation (NYSE:ROG) is a global leader in engineered
materials to power, protect and connect our world. Rogers delivers
innovative solutions to help our customers solve their toughest
material challenges. Rogers’ advanced electronic and elastomeric
materials are used in applications for EV/HEV, automotive safety
and radar systems, mobile devices, renewable energy, wireless
infrastructure, energy-efficient motor drives, industrial equipment
and more. Headquartered in Chandler, Arizona, Rogers operates
manufacturing facilities in the United States, Asia and Europe,
with sales offices worldwide. For more information, visit
www.rogerscorp.com.
Safe Harbor Statement
Statements included in this release that are not a description
of historical facts are forward-looking statements. Words or
phrases such as “believe,” “may,” “could,” “will,” “estimate,”
“continue,” “anticipate,” “intend,” “seek,” “plan,” “expect,”
“should,” “would” or similar expressions are intended to identify
forward-looking statements, and are based on Rogers’ current
beliefs and expectations. This release contains forward-looking
statements regarding our plans, objectives, outlook, goals,
strategies, future events, future net sales or performance, capital
expenditures, future restructuring, plans or intentions relating to
expansions, business trends and other information that is not
historical information. All forward-looking statements are based
upon information available to us on the date of this release and
are subject to risks, uncertainties and other factors, many of
which are outside of our control, which could cause actual results
to differ materially from those indicated by the forward-looking
statements. Other risks and uncertainties that could cause such
results to differ include: the duration and impacts of the novel
coronavirus global pandemic and efforts to contain its transmission
and distribute vaccines, including the effect of these factors on
our business, suppliers, customers, end users and economic
conditions generally; continuing disruptions to global supply
chains and our ability, or the ability of our suppliers, to obtain
necessary product components; failure to capitalize on, volatility
within, or other adverse changes with respect to the Company's
growth drivers, including advanced mobility and advanced
connectivity, such as delays in adoption or implementation of new
technologies; uncertain business, economic and political conditions
in the United States (U.S.) and abroad, particularly in China,
South Korea, Germany, the United Kingdom, Hungary and Belgium,
where we maintain significant manufacturing, sales or
administrative operations; the trade policy dynamics between the
U.S. and China reflected in trade agreement negotiations and the
imposition of tariffs and other trade restrictions, including trade
restrictions on Huawei Technologies Co., Ltd. (Huawei);
fluctuations in foreign currency exchange rates; our ability to
develop innovative products and the extent to which our products
are incorporated into end-user products and systems and the extent
to which end-user products and systems incorporating our products
achieve commercial success; the ability and willingness of our sole
or limited source suppliers to deliver certain key raw materials,
including commodities, to us in a timely and cost-effective manner;
intense global competition affecting both our existing products and
products currently under development; business interruptions due to
catastrophes or other similar events, such as natural disasters,
war, including the ongoing conflict between Russia and Ukraine,
terrorism or public health crises; the impact of sanctions, export
controls and other foreign asset or investment restrictions;
failure to realize, or delays in the realization of anticipated
benefits of acquisitions and divestitures due to, among other
things, the existence of unknown liabilities or difficulty
integrating acquired businesses; our ability to attract and retain
management and skilled technical personnel; our ability to protect
our proprietary technology from infringement by third parties
and/or allegations that our technology infringes third party
rights; changes in effective tax rates or tax laws and regulations
in the jurisdictions in which we operate; failure to comply with
financial and restrictive covenants in our credit agreement or
restrictions on our operational and financial flexibility due to
such covenants; the outcome of ongoing and future litigation,
including our asbestos-related product liability litigation or
risks arising from the terminated DuPont Merger; changes in
environmental laws and regulations applicable to our business; and
disruptions in, or breaches of, our information technology systems.
Should any risks and uncertainties develop into actual events,
these developments could have a material adverse effect on the
Company. For additional information about the risks, uncertainties
and other factors that may affect our business, please see our most
recent annual report on Form 10-K and any subsequent reports filed
with the Securities and Exchange Commission, including quarterly
reports on Form 10-Q. Rogers Corporation assumes no responsibility
to update any forward-looking statements contained herein except as
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230630972326/en/
Media Contact: Amy Kweder Director, Corporate
Communications Phone: 480.203.0058 Email:
amy.kweder@rogerscorporation.com
Investor Contact: Steve Haymore Director, Investor
Relations Phone: 480.917.6026 Email:
stephen.haymore@rogerscorporation.com
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