GHG Emissions, Industrial, Sourcing Renewables - May 30, 2024
Hillenbrand Discloses Emissions, Adds RE
Hillenbrand, Inc., a global provider of highly engineered processing equipment and solutions, disclosed three years of Scope 1 and Scope 2 GHG emissions data and 15 Scope 3 categories.
Tory Flynn, Chief Sustainability Officer and Vice President of Corporate Affairs, noted that 2023 was the first year Hillenbrand had insights into all three scopes of its emissions.
"We gained new insights into the emissions from our equipment and the impact of those emissions on our customers' operations," Flynn said in a statement. "We expanded the use of renewable energy across our operations. Additionally, results from our first double materiality assessment in 2023 helped transform our cross-functional working groups to focus on topics that are most important to our stakeholders, which now include innovation and a critical focus on our supply chain."
The company also began its alignment with the Task Force on Climate-related Financial Disclosures (TCFD) and demonstrated product innovation and integration of new brands and how they impact sustainability within key end-markets.
Details were published in its fifth annual Sustainability Report, highlighting the company's advancement of key sustainability-related topics and attention to innovation.
The report was published as part of Hillenbrand's commitment as a signatory to the U.N. Global Compact (UNGC), including alignment to the U.N. Sustainable Development Goals (UN SDGs), and is prepared in accordance with the Global Reporting Initiative (GRI) Standards and the Sustainability Accounting Standards Board (SASB) framework.
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