At Newell Brands, we are committed to being a responsible corporate citizen. From ensuring we offer rewarding career opportunities and comprehensive benefits to our employees and holding ourselves accountable to the highest safety standards for our products and people to minimizing our impact on the environment, partnering with our suppliers on responsible sourcing and giving back to the communities in which we operate, we believe we can make a meaningful difference in our communities locally and globally.
A Message from Our President & CEO
I am pleased to share Newell Brands’ annual Corporate Citizenship Report. This year’s theme, “Building Today for a Better Tomorrow,” encapsulates our 2023 progress to strengthen the organization, improve financial performance, build a sustainable future and create value for our stakeholders.
Since I became President & CEO in May 2023, we introduced and deployed a comprehensive corporate strategy based on a thorough capability assessment. It focuses on strengthening our front-end commercial capabilities and disproportionately investing in innovation, brand building and go-to-market excellence for our largest brands and most profitable geographies as part of an integrated set of Where to Play and How to Win choices. Despite a challenging external environment, our clear focus has enabled us to make tangible progress in executing our strategy and improving the structural economics of the business.
Ethics & Compliance
At Newell Brands, at every level of the company, we’re committed to acting with integrity, treating each other with dignity and respect, adhering to the highest ethical standards and operating in full compliance with the law. As we work together to drive value for our stakeholders, we recognize that how we achieve our results is as important as the results themselves.
2023 Highlights
- Achieved 99.83% completion of our annual Code of Conduct training among our full-time, salaried, professional and clerical employees
Products
As we make meaningful improvements to our front-end commercial capabilities, including consumer and shopper understanding and the innovation process, we remain focused on delivering quality products that delight consumers by lighting up everyday moments.
2023 Highlights
- 96% of plastic packaging by weight was EPS-free
- 91% of plastic packaging by weight was PVC-free
- 89% of all product packaging is now paper-based for all Newell products
Responsible Sourcing & Social Compliance
As a global leader in consumer goods and one of the largest importers in the U.S., we recognize our responsibility to ensure that our products are produced in a manner that aligns with our values and ethical standards. Through our robust responsible sourcing program, we can meet the expectations of our customers and consumers and demonstrate our commitment to corporate social responsibility.
Operations
Newell Brands recognizes the significant impact of climate change and takes seriously our duty to act responsibly. Through our Supply Chain operations, we're working to reduce our environmental impact while providing a safe, supportive work experience for our frontline employees.
2023 Highlights
- 38% cumulative reduction in Greenhouse Gas (GHG) emissions at our global manufacturing sites
- 18% of our global manufacturing sites’ electricity has been shifted to renewable energy
- .52 Global Recordable Incident Rate achieved, reflecting a world-class safety record
People
To delight consumers, outperform the competition, and win in the market, we need to attract, develop, and retain top talent by offering meaningful career experiences and development opportunities, providing competitive compensation and benefits and creating a work environment that values and rewards employees’ contributions.
2023 Highlights
- 200+ local events organized for our first annual CommUnity Week
- 1,130 participants in Global Diversity Awareness Month
Communities
As a global business with operations around the world, we are committed to serving our consumers and the communities in which we operate. We take a holistic approach to our philanthropic efforts through employee-driven initiatives, product donations, financial support and partnerships with impactful nonprofits.
2023 Highlights
- $9M in products donated to charitable organizations
- $195,000 awarded to 27 nonprofits through our Local Impact Grant Program
- 1,700 hours volunteered by employees in five days during CommUnity Week
Disclosure Index
We aim to map our reporting to specific metrics established by key reporting frameworks, such as the Sustainability Accounting Standards Board (SASB), the Task Force on Climate-related Financial Disclosures (TCFD) and the Global Reporting Initiative (GRI).
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September 27, 2024Announcing our 2024 Local Impact Grant Program Recipients