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Our Commitment to ESG

Earlier this year, we published our 2022 Environmental, Social, and Governance (ESG) Report under the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-Related Financial Disclosures (TCFD) frameworks, and we highlighted the Company’s alignment with the UN Sustainable Development Goals and the UN Global Compact. We were recognized for our efforts by leading third-party agencies specializing in ESG rankings, including Institutional Shareholder Services (ISS), Morgan Stanley Capital International (MSCI), and Morningstar Sustainalytics. To learn more about our efforts as a responsible company, please see our latest ESG report on the Company’s investor relations page.

Environmental

We make our communities better through a people-centered culture and a commitment to responsible operations.

Our corporate sustainability strategy is part of our Guiding Principles’ commitment to being a leader in protecting and enhancing our world, because the environment is our home. The percentages below reflect usage decreases on a perunit produced basis from calendar years 2014 to 2022. This progress is even more amazing when you consider that we have more than doubled sales and added and expanded several facilities over this time.

↓ 100%

reduction in
water usage

↓ 100%

reduction in
greenhouse gas

↓ 100%

reduction in
hazardous waste

↓ 100/span>%

reduction in air
emissions

KE is committed to investigating renewable energy options, including embracing solar energy. A recent success was the implementation of our company’s first solar energy system at our Thailand manufacturing facility.

Social

One way we are Creating Quality for Life is by making positive societal impacts in our communities.

An important aspect of our commitment to citizenship in our Guiding Principles is our exercise of social responsibility through philanthropic donations and non-commercial sponsorships. We want our giving to make a meaningful and measurable impact on the causes and communities we support. In fiscal year 2023, we donated $311,197 worth of treasure, time, and talent.

1,363.3

paid hours of donated time

In fiscal year 2023, 76 employees at our Indianapolis facility created and packaged 12,000 boxes of macaroni and cheese—positively impacting 3,000 families—for the charity, Million Meal Movement.

Social

One way we are Creating Quality for Life is by making positive societal impacts in our communities.
An important aspect of our commitment to citizenship in our Guiding Principles is our exercise of social responsibility through philanthropic donations and non-commercial sponsorships. We want our giving to make a meaningful and measurable impact on the causes and communities we support. In fiscal year 2023, we donated $311,197 worth of treasure, time, and talent.

1,363.3

paid hours of donated time

In fiscal year 2023, 76 employees at our Indianapolis facility created and packaged 12,000 boxes of macaroni and cheese—positively impacting 3,000 families—for the charity, Million Meal Movement.

Governance

We are committed to good governance.

Good governance at Kimball Electronics has four key foundations: An Effective Board, Fair Compensation, Share Owner Engagement, and Transparent Integrity. Each of the four key foundations of governance above are anchored in our Guiding Principles, which 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.

“We are excited about our overall ESG progress, and the recognition that we have received from some notable organizations for our sustainability work. Our deep commitment to sustainability, diversity, equity, inclusion, and belonging is underscored by this recognition that Kimball Electronics is a market leader in ESG.”

Doug Hass, Chief Legal & Compliance Officer

kimball electronics logo in the footer

World Headquarters
Kimball Electronics, Inc.
1205 Kimball Blvd.
Jasper, IN 47546

www.kimballelectronics.com

2023 Annual Report

Winning Together,
The Kimball Way