other material
confidence high
sentiment positive
materiality 0.30
Kimball Electronics reports 36% GHG cut, $324M low-carbon revenue in 2023 sustainability report
Kimball Electronics, Inc.
- Rated #1 among electronics manufacturers for ESG risk by Morningstar Sustainalytics; ISS ESG 'Prime' rating (top 10% in industry).
- $324M in calendar 2023 revenue from low-carbon/no-carbon products like smart energy and green energy.
- Scope 1+2 market-based GHG emissions decreased 36% from 2019 baseline year.
- Safety incident rate reduced 27% YoY, well below industry averages.
- Established three Employee Resource Groups for underrepresented groups; over $310,000 donated to causes.