Harsco Corp., Camp Hill, Pennsylvania, has released an environmental, social and governance (ESG) report titled “Accelerating our transformation.” The report, issued on July 24, highlights the company’s corporate sustainability activities during its 2019 fiscal year and the first half of 2020.
Harsco handles a variety of discarded industrial materials and byproducts for its global customer base, including steel slag, contaminated soil and metallics (including scrap) used in steelmaking.
“The world is changing rapidly, and it is vital to acknowledge how Harsco has continued to provide essential services to all our customers while ensuring the safety of our own employees during the COVID-19 crisis,” says Harsco Chairman and CEO Nick Grasberger. “Now more than ever, I am confident in our decision to focus on the urgent societal needs of providing environmental solutions for industrial and specialty waste streams. This sustainability report demonstrates the value we are bringing to our customers, communities, employees and shareholders.”
Harsco says its 2019-20 report is informed by market standards including the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB).
As part of the company’s ESG strategy, Harsco has identified four focus areas where it believes it can deliver business value and positive outcomes for stakeholders. The company refers to these areas under the banners of innovative solutions, inspired people, safe workplaces and thriving environment. Goals and key performance indicators (KPIs) for each focus area include:
- Innovative solutions: Derive over 90 percent of Harsco’s annual revenue from environmental products and services.
- Inspired people: Enhance diversity and gender representation on the board and senior management.
- Safe workplaces: Achieve a Total Recordable Incident Rate (TRIR) less than 1.25 in 2020.
- Thriving environment: Reduce the energy and carbon intensity of operations by 15 percent by 2025.
Highlights of the report include:
- Harsco increased ESG oversight at the director level by expanding its Governance Committee’s review of ESG strategy, initiatives and policies.
- Kathy Eddy and Carolann Haznedar, two of the company’s directors, were recognized by WomenInc. Magazine as two of the “2019 Most Influential Corporate Board Directors.”
- Harsco enhanced its focus on ESG in the 2020 enterprise risk management process.
- The company acquired Stericycle’s Environmental Solutions business in April, increasing Harsco’s geographic scale and reach, while enabling the company to create a leading national hazardous waste management platform, it says.
- Harsco launched 22 new environmental solutions across the company.
- Equipped Clean Earth’s water treatment plant in Detroit to accept PFAS-contaminated water, making it one of the first large-scale PFAS water treatment facilities in Michigan.
- Saved over 5 million metric tons of carbon emissions through Harsco Environmental’s recycling and repurposing solutions.
- Rolled out a fleet management strategy in Harsco Environmental North America, resulting in a 10 percent reduction of diesel fuel consumption and emissions.
- Recycled or repurposed 18.6 million tons of material in 2019, up from 13 million the previous year.
- Increased number of ISO 14001-certified sites by 39 percent.
- Recognized as a Winning “W” company by the organization 2020 Women on Boards for having women comprise at least 20 percent of its board of directors in 2019.
- Employees contributed over 5,500 hours volunteering with community organizations.
- Launched new a corporate human rights policy in May 2020.
- Implemented the HarscoCares COVID-19 Global Principles at all facilities to ensure the health and safety of its people around the world through the COVID-19 crisis.
- Achieved a TRIR in 2019 of 0.8.
- Increased number of ISO 18001/45001-certified sites by 14 percent.