Nordson Corporation (Nasdaq: NDSN) has released its 2024 Environmental, Social, and Governance (ESG) Update, outlining significant advancements in its sustainability initiatives and highlighting progress toward its climate and ESG goals. This report reflects the continued implementation and refinement of Nordson’s strategies to integrate sustainability into its operations and culture.
“I am pleased to report steady progress toward our emissions reduction and clean energy targets. We continue to implement our strategy, scale it across the organization, and intentionally develop our culture,” stated Sundaram Nagarajan, president and CEO of Nordson. “In addition to environmental efforts, we are investing in our employees through talent development, mental health support, workplace safety initiatives, and strategies that foster diversity and inclusion. By taking a disciplined approach to investments, we focus on initiatives that enhance operational resilience, efficiency, financial performance, and employee engagement.”
Key Highlights from the 2024 ESG Update
- Advancing Climate Strategy
Nordson has made strides in its climate initiatives by implementing operational efficiency projects and advancing onsite solar generation projects worldwide. These efforts are complemented by increased procurement of renewable energy and investments in third-party-certified, nature-based carbon offsets. - Driving Sustainable Innovation
The company continues to deliver high-precision technology solutions that promote resource efficiency and cost savings. These technologies support growing environmental and social markets, including electric vehicles, batteries, solar energy, medical devices, precision agriculture, and personal care products. Nordson’s recent acquisition of Atrion Corporation strengthens its position in the healthcare and medical device sector. - Investing in Employee Growth
Nordson is committed to fostering employee development through leadership programs tailored to various career stages. These initiatives not only advance individual careers but also strengthen the company’s talent pipeline to support its ongoing growth. - Enhancing Workplace Safety
A safe work environment remains a priority for Nordson. The company launched an updated global environmental, health, and safety (EHS) training module and expanded its Safety Observation Program. Additionally, a new incident management and material safety database was introduced to improve communication and provide health and safety guidance. - Encouraging Volunteerism and Community Support
Nordson broadened the scope of eligible events for U.S. employees to use volunteer paid time off. The company also supported various employee-led volunteer efforts globally. Alongside the Nordson Corporation Foundation, Nordson donated over $13.7 million to nonprofit and charitable organizations in the past year. - Strengthening Board Expertise
Nordson welcomed two new board members, Annette Clayton and Christopher L. Mapes, whose expertise in industrial technology, sustainability, renewable energy, and cybersecurity enhances the board’s capabilities in key strategic areas.
A Sustainable Future
Nordson’s commitment to sustainability extends to its core mission of driving innovation while reducing environmental impact. By leveraging technology to improve efficiency and targeting high-growth, socially impactful markets, the company positions itself as a leader in sustainable development.
In addition to its environmental initiatives, Nordson remains dedicated to enhancing its workplace culture. By prioritizing safety, promoting diversity and inclusion, and investing in professional development, the company ensures that its employees are well-equipped to thrive in a dynamic industry.
Nordson’s disciplined approach to ESG-related investments focuses on maximizing organizational value. By improving operational efficiency, achieving financial returns, and strengthening employee engagement, these efforts align with the company’s broader goals of sustainability and resilience.
Looking Ahead
Nordson’s progress in 2024 reflects a continued evolution of its ESG strategies. The company remains focused on delivering innovative solutions, expanding its renewable energy efforts, and maintaining a strong commitment to social responsibility. As Nordson advances its goals, it seeks to create lasting value for its stakeholders while contributing to a more sustainable future.
