Essex Furukawa Announces Impressive Results In Third Annual Sustainability Report

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29% Reduction in Carbon Across the Company

ATLANTA, GA, UNITED STATES, September 27, 2024 /EINPresswire.com/ — Essex Furukawa Magnet Wire has released its third annual Sustainability Report as part of Vision 2030: A Sustainable Future, Our Driving Force. The 31-page report highlights the remarkable 29% carbon reduction achieved across the company, along with other significant accomplishments reflecting the data from 2023. It also details efforts related to supply chain data, impactful ESG programs, community development plans, and the endorsement of future carbon reduction initiatives by the Science Based Targets Initiative (SBTi). It includes information regarding plant certifications obtained from The Copper Mark. Austin Robinson, the Global Corporate Sustainability Manager at Essex Furukawa, expressed that the results have been immensely rewarding. Robinson collaborates closely with regional teams and business leaders across the organization and third-party verification partners. This collaboration aims to elevate the sustainability program through transparency while driving innovation and sustainability within the magnet wire industry. She noted, “Achievements like The Copper Mark at three North American plants—among other collective efforts—become morale-raising moments because they require many employees’ efforts.”

Commitment to Sustainable Practices

Robinson continued, stating that collective accomplishments foster team-building, break down silos, and generate a positive cumulative effect. “Anytime you launch a program like Vision 2030, the ethereal goal is to create a culture throughout the organization, because that is the only way it will work.” She highlighted that the organization has reached a point where goals are clear, with everyone fully engaged in achieving them. Moreover, Essex Furukawa continues to make consistent progress toward these goals, fostering excitement from top leadership down through the ranks. Essex Furukawa initially designed its comprehensive sustainability program around three core values: Disruptive Innovation, Green Production, and Agile Digitization. These pillars guide the company in driving change and innovation within the magnet wire sector while remaining mindful of environmental impact. Vision 2030 evolves to meet the shifting landscape of ESG ambitions, ensuring that sustainability remains at the forefront of the company’s objectives.

Leaders in Sustainability and Accountability

Daniel Choi, CEO of Essex Furukawa, underscores that effective leadership demands accountability throughout the entire value chain. He stated, “We remain committed to our customers, supportive of our employees, and active in our communities.” Choi emphasizes that the organization’s accomplishments reflect the dedication and hard work of all employees who have embraced the vision for a more sustainable future. Looking ahead, Essex Furukawa Magnet Wire will transition to a new brand name: Essex Solutions. This new identity encompasses all Essex Furukawa Magnet Wire locations globally. Furthermore, Essex Energy in Italy will join the newly named entity, solidifying the company’s global reach and operational capabilities. The organization remains steadfast in its commitment to holistic sustainability and ESG initiatives, further aiming to expand and adapt to the demands of the communities it serves.

Access the Sustainability Report

For those interested in exploring the complete report, click here. To learn more about Vision 2030, please visit our website. About Essex Furukawa Magnet Wire: Essex Furukawa Magnet Wire LLC stands as the leading global provider of magnet wire, utilized by major OEMs, Tier 1 suppliers, and industry leaders in the automotive, energy, industrial, and commercial sectors. Formed in 2020 through a global joint venture between Essex Magnet Wire and Furukawa Electric Co., Ltd., Essex Furukawa combines the strengths of both companies, leveraging over two centuries of experience to drive innovation. The focus remains on delivering manufacturing excellence and outstanding customer service across the industry. Essex Furukawa Announces Impressive Results In Third Annual Sustainability Report

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