Columbus McKinnon Publishes Fourth Annual Corporate Sustainability Report
CHARLOTTE, N.C.–(BUSINESS WIRE)–Columbus McKinnon Corporation (Nasdaq: CMCO) (“Columbus McKinnon” or the “Company), a leading designer and manufacturer of intelligent motion solutions, products and technologies for material handling, today announced the publication of its fourth annual Corporate Sustainability Report. This year, the report provides details on Columbus McKinnon’s performance highlights and progress made through fiscal 2024 on key sustainability initiatives.
Highlights outlined in this year’s report include:
- Progress on the Company’s ESG initiatives, including energy, operational efficiency and waste reduction plans
- Goals and targets related to sustainability in CMCO’s Sustainability Index
- Columbus McKinnon’s approach to governance and risk management, especially as they relate to environmental and social impacts
- Continued diversity and inclusion efforts, including company-wide inclusivity training for all managers as well as a monthly DE&I newsletter for all global employees
- Insights on a second successful year of CMCO Cares program, which drove new community partnerships and engagement of employees worldwide to support important causes in their communities
“Last year, we continued to advance our sustainability strategy and delivered positive change through purpose-driven performance across our business,” said David Wilson, President and CEO of Columbus McKinnon. “We are focused on making a tangible impact on behalf of our customers and are improving lives by providing intelligent motion solutions while achieving record business results. Taking care of our team, customers, shareholders and the communities we serve is essential to support sustained growth. When we focus on running a responsible, sustainable company, we make our business stronger, more agile and more resilient.”
To view Columbus McKinnon’s Corporate Social Responsibility report, visit investors.cmco.com/financials/Annual–Reports.
About Columbus McKinnon
Columbus McKinnon is a leading worldwide designer, manufacturer and marketer of intelligent motion solutions that move the world forward and improve lives by efficiently and ergonomically moving, lifting, positioning, and securing materials. Key products include hoists, crane components, precision conveyor systems, rigging tools, light rail workstations, and digital power and motion control systems. The Company is focused on commercial and industrial applications that require the safety and quality provided by its superior design and engineering know-how. Comprehensive information on Columbus McKinnon is available at www.cmco.com.
Safe Harbor Statement
This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are generally identified by the use of forward-looking terminology, including the terms “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “illustrative,” “intend,” “likely,” “may,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “shall,” “should,” “target,” “will,” “would” and, in each case, their negative or other various or comparable terminology. Forward-looking statements are not based on historical facts, but instead represent our current expectations and assumptions regarding our business, the economy and other future conditions, and involve known and unknown risks, uncertainties and other factors that could cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. It is not possible to predict or identify all such risks. These risks include, but are not limited to, the risk factors that are described under the section titled “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended March 31, 2024 as well as in our other filings with the Securities and Exchange Commission, which are available on its website at www.sec.gov. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date they are made. Columbus McKinnon undertakes no duty to update publicly any such forward-looking statement, whether as a result of new information, future events or otherwise, except as may be required by applicable law, regulation or other competent legal authority.
Contacts
Kristine Moser
VP IR and Treasurer
Columbus McKinnon Corporation
704-942-3253
