NORTHAMPTON, MA / ACCESS Newswire / August 7, 2025 / Southwire
Southwire was founded in 1950 with the goal of bringing electric light to people who needed it. In 2025, as we celebrate the 75-year history of our company, we are pleased to mark the occasion with our annual sustainability report.
"Throughout 2025, we are taking the time to honor our legacy, celebrate our successes and drive excitement for the future," said Rich Stinson, President and CEO of Southwire. "We are proud of our accomplishments in Southwire's first 75 years and look forward to leading the charge in sustainable innovation and electrification for generations to come."
The latest sustainability report celebrates Southwire's progress toward its goals across the company's five core tenets of sustainability, including:
Growing Green - Southwire reached a 65.2% reduction of Scope 1 and 2 emissions from a 2018 baseline, using various market-based methods. The company is transitioning away from its previous Carbon Zero goal to near-term science-based targets, recently validated by the Science Based Targets initiative.
Living Well - Through our efforts to build a world-class safety culture, we achieved a record low total recordable incident rate (TRIR) of 0.65, exceeding our target of 0.68 in 2024.
Giving Back - We engaged 92% of our local communities with at least two annual volunteer events in 2024. Southwire also celebrated the 20th anniversary of its Back to School giving efforts.
Doing Right - For the second year in a row, Southwire was named to Ethisphere's World's Most Ethical Companies® list.
Building Worth - Southwire expanded its sustainable innovation partnerships, including a project with Levidian to capture carbon from methane and investments into the next generation of smart power solutions through Southwire Technology Ventures.
"The world is changing, and we're evolving with it, from exploring the decarbonization of cable production to embracing new technologies such as artificial intelligence," said Burt Fealing, Southwire's EVP, General Counsel and Chief Sustainability Officer. "Through it all, hard work, collaboration and innovation keep us rooted in who we are - a company making a difference for this generation and the next."
In addition to the 2024 Sustainability Report, Southwire is proud to present our 2024 Sustainability Fact Sheet, which provides an overview of the company's progress toward our goals and key accomplishments throughout 2024.
To view Southwire's 2024 Sustainability Report and 2024 Sustainability Fact Sheet, visit www.southwire.com/sustainability. For more Southwire news, visit www.southwire.com/newsroom.
View additional multimedia and more ESG storytelling from Southwire on 3blmedia.com.
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SOURCE: Southwire
View the original press release on ACCESS Newswire:
https://www.accessnewswire.com/newsroom/en/industrial-and-manufacturing/wired-for-the-future-announcing-southwires-2024-sustainability-report-1058121
