Each of the four key foundations of governance above are anchored in our Guiding Principles. Our Guiding Principles reflect our deep commitment to our customers, our people, our communities and the environment—and our belief that profitability and financial resources give us the freedom to shape our future. Part of our commitment to citizenship means that we will be leaders in not only protecting but enhancing our world. Many things and many people have changed since KE was founded in 1961, but our Guiding Principles remain a constant. They are not just a part of our heritage, but the fabric of who we are as people and as a company.
Since we began publishing our annual ESG reports in 2019, we have aimed to produce and publish reliable and meaningful ESG information and apply a continuous improvement mindset to our ESG reporting process and data governance. We recognize our stakeholders’ need for robust data that is consistent, comparable, and reliable year over year. Periodic reviews of our processes, transparent integrity audits and disclosures, and our desire for continuous improvement along our ESG journey are essential to our governance foundations.
This year represents a milestone for KE. We have enhanced our four key foundations, including transparent integrity, by adopting globally recognized ESG reporting standards that our stakeholders value and by partnering with our internal audit team in strengthening and testing ESG data controls. This is part of our journey to obtaining third-party assurance for select metrics, and, most importantly, evidences our commitment to transparent integrity for our stakeholders by producing and publishing reliable and meaningful ESG information.
Our commitment to measure, monitor, report, and reduce our greenhouse gas emissions, energy and water use, and improve our waste recovery is a reflection of our Guiding Principles and our four governance foundations. The standardization and integrity of our ESG data disclosures help us to build trust with those who use our data to make more informed decisions about us. It also helps us understand the progress we are making toward our ESG ambitions while equipping us to make better and more strategic business choices.
In the past year, we have increased our focus on sustainability in many different ways, big and small. We are publishing disclosures that comply with the Sustainability Accounting Standards Board (SASB) and the Task Force On ClimateRelated Financial Disclosures (TCFD) frameworks and highlighting our alignment with the UN Sustainable Development Goals and the UN Global Compact. We joined the Responsible Minerals Initiative. We worked closely with the Indiana Partners for Pollution Prevention and the Indiana Environmental Stewardship Program. Our legal department formalized its pro bono program, enabling both non-lawyers and lawyers to give back to the community in a substantive and charitable way while creating opportunities for employees to work on new legal issues. All of these steps help us meet our stakeholder needs, regulatory requirements, and DEI&B goals; contribute to the prosperity and quality of life of our global community; and deliver long-term, sustainable profits for our Share Owners.
World Headquarters
Kimball Electronics, Inc.
1205 Kimball Blvd.
Jasper, IN 47546
