EWI Logo on Product Example

ESG: How EWI Lends Manufacturers a Hand

May 24, 2022

By Henry Cialone
President & CEO, EWI

It’s inescapable. Walk into a board meeting. Meet with a potential customer. Read the business news. ESG has emerged as a hot topic in manufacturing (and elsewhere), so I want to talk about it.

But first, so we’re on the same page, let’s spell it out.

At its core, ESG is a framework for evaluating efforts companies undertake in three specific areas:

  • Environmental (E): Includes energy usage, waste discharge, resource allocation, and other factors related to how companies affect (and may be affected by) the environment. 
  • Social (S): Includes the internal relationships companies have with their employees and the external relationships companies have with their suppliers, customers, and broader communities. This also encompasses a focus on diversity, equity, and inclusion in staff, leadership, and suppliers.
  • Governance (G): Includes the policies and practices companies use to make decisions, ensure compliance with relevant laws and regulations, and manage overall business operations.

How EWI “Does” ESG

ESG formalizes a structure for thinking about how companies do business — and I’m proud to be able to say that EWI has long had a focus on initiatives in all of these areas….

To read the full article, click here.