April 26, 2024
Garmin has revealed its 2023 Corporate Impact Report outlining the corporate’s ongoing dedication and progress to environmental, social and governance (ESG) initiatives. Formerly often called the Corporate Sustainability Report (CSR), the doc identifies the 5 key company pillars of Garmin — People, Products, Operations, Growth and Sustainability — and options focused methods for continued success for years to return.
“Corporate sustainability shouldn’t be a passive exercise. It means actively partaking in and conducting enterprise in manners that promote monetary, environmental and societal stewardship. It is lowering dangers, uncovering alternatives and creating long-term worth for all stakeholders,” stated Garmin President and CEO Cliff Pemble. “Sustainability subjects and focus areas might evolve over time, however our dedication to sustainability is unwavering.”
Additionally, the report summarizes office tradition, packages designed to make sure occupational well being and security and human rights protections in addition to variety and inclusion initiatives. Policies, practices and achievements within the areas of provide chain governance, battle minerals compliance, sustainable product design and environmentally pleasant manufacturing and operations are additionally included.
What Are the Five Strategic Pillars of Garmin?
People: Garmin continues to put money into individuals by aggressive compensations, beneficiant advantages, profession development alternatives and a enjoyable and interesting tradition that encourages long-term contributions.
Products: Our merchandise provide important utility, modern applied sciences, compelling options and distinctive ease-of-use to create clear differentiators our prospects recognize and need.
Operations:Weembrace a vertically built-in enterprise mannequin with strategic design, manufacturing, distribution, gross sales and assist facilities all over the world to maximise worth to prospects.
Growth: We relentlessly pursue innovation to create new merchandise and markets that result in development alternatives.
Sustainability: We repeatedly put money into individuals, services and tools to concentrate on long-term success and stability.
Click right here to entry the 2023 Impact Report and study extra about our sustainability efforts.