ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Littelfuse Releases 2023 Sustainability Report

Underscores company’s unwavering commitment to environmental responsibility, social progress, and ethical governance (ESG).

Littelfuse, Inc. (NASDAQ: LFUS), a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world, is proud to announce the release of our fourth annual Sustainability Report. At Littelfuse, we believe that every employee, customer, and partner has the potential to drive positive change – environmentally, socially, and ethically. Together, we’re shaping a future defined by sustainable choices and conscientious actions.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240626457489/en/

Littelfuse 2023 Sustainability Report: This report provides a comprehensive overview of our sustainability initiatives, strategies, and their impact—a testament to our enduring commitment to transparency, accountability, and continuous improvement. (Photo: Business Wire)

Littelfuse 2023 Sustainability Report: This report provides a comprehensive overview of our sustainability initiatives, strategies, and their impact—a testament to our enduring commitment to transparency, accountability, and continuous improvement. (Photo: Business Wire)

“Sustainability isn’t just a concept for us; it’s integrated into our business strategy, processes, and daily actions,” said Dave Heinzmann, Littelfuse President and Chief Executive Officer. “We are pleased to share our latest report, which reflects on the progress we have made over the last year. Our dedication goes beyond just meeting targets—it’s about creating lasting value for our communities, customers, partners, and planet.”

Littelfuse strategic focus on developing and launching products that enable customers’ sustainability efforts is at the heart of our purpose. By equipping our customers with innovative offerings, we empower them to deliver more sustainable solutions that help to drive broader environmental progress throughout the industries we serve.

Highlights from the 2023 Sustainability Report:

Environmental

  • 24% reduction in GHG intensity since 2019
  • 46% of our manufacturing sites utilize renewable energy
  • Established site-level annual GHG and water targets
  • 37% increase in water recycling
  • 3-year consecutive reduction in hazardous waste

Social

  • 22.5% females in leadership, an increase of 1.5% from the prior year
  • Enhanced leadership training and coaching program
  • 3 sites maintained zero workplace injuries for 3+ consecutive years
  • 805 critical suppliers screened for ESG risk
  • 91% of employees agree their manager sets a good example for ethical behavior

Governance

  • Local Ethics Ambassadors program launched at 28 largest locations
  • 30,200 hours of ethics and compliance training
  • Gold rating from EcoVadis (94th percentile)
  • Obtained third-party verified GHG data
  • Enhanced workplace investigation program and training

“I am excited by the efforts of our global team to prioritize our Sustainability initiatives through creativity and innovation as we focus on continuous improvement and find new ways to integrate our sustainability objectives into our business,” said Rebekah Mihm, Littelfuse Global Ethics, Compliance, and Sustainability Senior Manager. “We invite everyone to join us in driving progress on our sustainability journey.”

To learn more about Littelfuse ESG initiatives, visit our environmental, social, and governance webpage. The 2023 Littelfuse Sustainability Report is available for download here.

About Littelfuse

Littelfuse, Inc. (NASDAQ: LFUS) is a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world. Across more than 20 countries, and with approximately 17,000 global associates, we partner with customers to design and deliver innovative, reliable solutions. Serving over 100,000 end customers, our products are found in a variety of industrial, transportation, and electronics end markets–everywhere, every day. Learn more at Littelfuse.com.

LFUS-G

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.