BLOOMFIELD HILLS—The diversified manufacturer TriMas Corp. (NASDAQ: TRS) announced it has updated its Sustainability Report, further enhancing transparency of TriMas’ sustainability progress through 2021.
The TriMas 2021 Sustainability Report outlines the company’s commitment toward responsible environmental, social and governance (ESG) practices, and highlights the comprehensive sustainability initiatives implemented across its global operations. As outlined in the report, TriMas is committed to continuously enhancing its sustainability strategy focused on the four key areas of corporate governance and ethics, people, the environment and products. The Company is also committed to sharing best practices and employing continuous improvement initiatives across its businesses.
“In late 2020, TriMas published its inaugural Sustainability Report, which highlighted many of our past and ongoing efforts to support our global sustainability initiatives,” said Thomas Amato, president and CEO. “Since that time, we have stepped up our efforts and focus on our commitment to ESG, including forming an ESG committee reporting to our board of directors, and redirecting resources to accelerate our initiatives. We have communicated our diversity, equity and inclusion statement, as well as demonstrated our commitment to our employees with a continued emphasis on employee safety and health, employee engagement via surveys and Kaizen, and a talent development program. We have also been taking the appropriate measures to minimize the environmental impact of our operations and help ensure that our actions are consistent with preserving natural resources. In addition, we continue to innovate and commercialize new products by reducing material content, as well as using more sustainable and recyclable materials, without sacrificing performance and quality… Our commitment to sustainable ESG practices has been long-standing at TriMas, as it exemplifies our core values of integrity and respect for the environment, and the health, safety and well-being of our employees, particularly in the areas where we live and work. As we move forward, we are dedicated to continuing to enhance our transparency on these important initiatives. During 2022, we plan to further enhance our efforts and conduct a materiality assessment designed to prioritize our ESG initiatives and ensure our strategies are fully integrated into our business model. I believe TriMas is better positioned than ever to create long-term value for our customers, employees and shareholders, while at the same time benefiting our global community as well.” Amato concluded.
To minimize paper waste, the TriMas 2021 Sustainability Report may be accessed digitally on the TriMas website under Sustainability, or by the following link www.trimascorp.com/images/Sustainability-Report.pdf.
TriMas’ Aerospace and Specialty Products groups manufacture a diverse set of products primarily for the consumer products, aerospace and industrial markets. The company has approximately 3,500 employees in 12 countries. More at www.trimascorp.com.