Hypertherm released its annual Corporate Social Responsibility report. The report measures 2014 progress on Hypertherm’s social and environmental efforts. The report covers three different CSR disciplines: community, environment and associate well-being. Highlights from 2014 include a year-over-year increase in the number of Hypertherm Associates volunteering in the community, a decrease in emissions and landfill waste, and the expansion of its on-site wellness facility.
More than 80% of Hypertherm Associates volunteered last year, up from approximately 75% in 2013. Combined, those Associates worked 17,434 hours in 15 different countries. The Hypertherm Owners’ Philanthropic Endeavors (HOPE) Foundation meantime awarded 87 grants in support of areas such as health and wellness, education, and food and shelter.
Environmental measures show that Hypertherm used less electricity, recycled more water and created less landfill waste in 2014. In total, the company sent a little more than 4% of its waste to the landfill, compared with more than 12% percent in 2010. The company continues to purchase renewable energy credits for 100% of its domestic energy usage.
The company’s 2014 safety record came in at 1.4 incidents per 100 full-time Associates, well below the industry average of 5.2. Also in 2014, Hypertherm invested additional dollars in its on-site Hypertherm Associate Wellness Center, adding a primary care physician, and expanding both hours and patients’ served to spouses and dependents over the age of 16.