HEIST-OP-DEN-BERG, Belgium, 7 December 2022: Baltimore Aircoil Company (BAC) announced the release of its 2021 Environmental, Social and Governance (ESG) Report. Making the announcement through a Press release, BAC said the Report highlights the key initiatives, accomplishments and targets necessary to achieve the company’s vision of reinventing cooling to sustain the world.
“We are very proud to publish our inaugural ESG Report, where we, as the global leader in evaporative cooling, the most sustainable cooling technology in the market, have an obligation to innovate and lead the industry towards a more sustainable future,” said Don Fetzer, President, BAC. “Our ESG Report is one building block to our mission of advancing truly sustainable cooling – inspired by nature and powered by our people.”
BAC said that as the world faces increasing challenges, its customers, suppliers, employees and other stakeholders are seeking companies with sustainable practices. In support of these inherent requirements, BAC said, it has established five areas of focus for sustainability-related efforts:
- Develop and offer sustainable products
- Design and operate its facilities to minimise environmental impact
- Partner with suppliers to cultivate a sustainable supply chain
- Elevate diversity, equity, inclusivity and safety in its work environment to enable its employees to grow and make a positive impact on communities
- Be the recognised leading provider for sustainable heat-transfer solutions
BAC said the Report provides full transparency to its current efforts and identifies targets for the future. BAC said it began measuring the environmental impact of its facilities in 2015 and has established goals for 2030. Tim Vrints, Global Sustainability Leader, BAC, said: “In 2021, renewable electricity represented 21% of our total electricity consumption, and we expect to increase our renewable electricity usage to more than 50% in 2022. Decarbonizing our electricity supply, step by step, is one of the initiatives we take to achieve our target of reducing absolute Scope 1 and Scope 2 emissions by 50% by 2030. This is just one of our many goals to improve our future environmental impact.”
BAC said the Report also highlights its commitment to diversity, equity and inclusion. BAC said it is evolving to reflect the diversity of its communities, its workforce and its customers. It said it has increased diversity within its leadership team, added novel resources for employee education around key diversity and inclusion topics and implemented social responsibility initiatives into employees’ everyday experience. As an employee-owned company, BAC said, its culture inspires individual thought and continues to drive sustainability focused initiatives.
BAC said it has identified how transparency and corporate accountability go hand-in-hand and are necessary for lasting change. It said that the public would be able to access the Report by clicking on the following link: ESG-report-2021