ESCO Technologies is a global provider of highly-engineered products and solutions to diverse and growing end-markets that include the aerospace, defense, space, healthcare, wireless, consumer electronics, electric utility, and renewable energy industries. We are focused on generating predictable and profitable long-term growth through continued innovation and expansion of our product offerings across each of our business segments.
ESCO Technologies
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2.8
Overall Excellence Rating
Industry
UtilitiesCategory
Energy & UtilitiesESG/Ethical Impact
At ESCO, we believe that capable, dedicated leadership enhances our risk management and creates a culture for success. ESCO’s corporate governance structure forms a strong foundation for our ESG program. Our Board of Directors is ultimately responsible for overseeing ESCO’s risk management and corporate strategy. This includes oversight of risks relating to environmental, social and governance matters and the focus of our ESG program. Our Nominating and Corporate Governance Committee assists the Board in its oversight responsibilities relating to our ESG program. In 2021, we enhanced the Committee’s Charter to specifically task the Committee with ESG responsibilities. The Committee assesses our ESG program at least annually and reports its findings to the Board. The Committee’s annual report to the Board includes proposed changes with respect to our ESG strategy, policies and metrics, as well as an assessment of progress towards achievement of our ESG goals. In 2022, we formed our ESG Committee which replaced our Sustainability Committee that was first established in 2017. Our ESG Committee provides high-level leadership and strategic focus for our corporate-wide ESG efforts. Our ESG Committee is made up of employees representing a variety of functions in our organization, including representatives from human resources, finance, public relations, safety and legal. We are committed to creating a safe working environment at all ESCO facilities and promoting a culture which values employee safety as a top priority. Each of our subsidiaries has employees designated with responsibility for safety programs specific to those subsidiaries. We have equipment and procedures to protect employees in their work and we train employees on safety procedures and proper protocol. We require all ESCO companies to comply with applicable local, state and federal safety laws and regulations. At ESCO, we strive to build a strong, talented and dedicated workforce that shares our vision for progress. As a responsible member of the communities in which we operate, we are dedicated to preserving operational excellence and remaining an employer of choice. We provide and maintain a work environment that attracts, develops and retains top talent by offering our employees an engaging work experience that contributes to their career development. We are committed to the health and well-being of our employees and their families by encouraging participation in wellness programs. Generally, all our full-time employees, both domestic and international, are offered health and welfare benefits. We offer a wellness program coordinated at our corporate headquarters and offered to each of our subsidiaries.
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Awards Received
2023
Revenues
$858,000,000.00
Website Traffic
Employee Rating
2.4
Customer Rating
4.1
Company Size
1000-5000
ESG Risk Rating
3
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