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Benchmark Releases Its Third Annual Sustainability Report
March 5, 2024 | Benchmark Electronics Inc.Estimated reading time: 2 minutes
Benchmark Electronics, Inc., a global provider of engineering, design, and manufacturing services, released its 2023 Sustainability Report. The report can be found on the company's website and keeps track of Benchmark's continued progress on environmental, social and governance (ESG) initiatives, including specific achievements across the company's global network.
"I am pleased to release Benchmark's third annual Sustainability Report, sharing our company's latest efforts and results on this important strategic imperative," Jeff Benck, president and CEO, Benchmark. "As demonstrated in our report, we continue to further our efforts to positively impact the environment, engage our people, support our local communities, and continue advancing our vision with customers. We're proud of the work being done in this area across Benchmark."
The report highlights Benchmark's sustainability efforts and achievements over the past year and provides insight into future plans guided by the company's commitment to reduce environmental impact, while increasing social and economic value, and further promoting ethical business practices. A few of the highlights from the 2023 report include:
The company substantially expanded its ESG/ Sustainability management structure with a new Global Director of Sustainability position, a new Health and Safety Council and an Environmental Council with representatives from every site.
Benchmark again achieved Silver status from EcoVadis. Benchmark moved up from the 72nd percentile for 2022 to the 89th percentile for 2023, placing the company among the top 25 percent of companies assessed by EcoVadis.
In 2023, Benchmark conducted its third annual employee survey, achieving 86% participation in the survey, up from 82% in 2022 and 77% in 2021.
"As a leading design and manufacturing service provider to OEMs across the world, Benchmark has a responsibility to our stakeholders, employees, customers, and communities to be a corporate leader in sustainability and DEI pursuits," said Bill Olson, Global Director of Sustainability, Benchmark. "To meet this responsibility, we will lean on our long history of operational excellence and extend that same level of rigor to our pursuit of environmental, social, and governance (ESG) imperatives."
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