3D measurement technology, FARO Technologies has announced new global sustainability goals to reduce its carbon footprint by 25%
FARO Technologies announced two new strategic sustainability goals in support of its Environment, Social & Governance (ESG) efforts.
The first new goal is to reduce the company carbon emissions 25% by 2025 through aggressive activities that improve environmental performance.
The second sustainability goal is to establish middle and high school partnerships to improve the curriculum in science, technology, engineering & mathematics (STEM) – especially for minorities and females from low-income and disadvantaged areas.
Year-one STEM funding will be $50,000 across the US, Canada, Germany, Portugal, the UK, Singapore, and India.
‘Corporate responsibility is a business imperative’
Michael Burger, president & CEO of FARO, said: “FARO is deeply committed to practising good citizenship and global sustainability and we have a strong history of addressing ESG issues that impact the organisation, our customers and the communities we serve around the globe.
“Whether reducing our carbon footprint, embracing ethical business practices, supporting diversity in our schools or ensuring oversight of our operations and data, corporate responsibility is a business imperative woven throughout the enterprise.”
Environment, governance and social responsibility
FARO environmental programmes include minimising facility energy consumption, commercial travel, product transportation routes, and employee commute distance as well as recycling paper products, E-waste, and other materials (metals, plastics, rubber, and carbon fibre).
Social responsibility programmes include corporate giving, employee volunteerism, providing technology to advance academic research and preserve history, and offering diversity-focused internships and career opportunities to students through FARO University and the New Graduates Development Program.
Governance programmes include ethical and legal standards of behaviour that are required of all employees and business partners and maintaining a rigorous cyber security infrastructure to protect sensitive employee and customer data.