Masonite International Corporation Announces 2030 ESG Goals, Releases 2021 Report
Commitments focus on combatting climate change, creating sustainable products, strengthening communities and advancing diversity
Masonite International Corporation, a leading global designer, manufacturer, marketer and distributor of interior and exterior doors, announced the company’s 2030 ESG vision of “Renewed Responsibility” and released its 2021 Environmental, Social and Governance (ESG) Report. The report highlights the progress Masonite made in 2021 and details its ambition to build a legacy that gives back to the environment, its employees, communities, partners and customers.
The Masonite 2030 Renewed Responsibility goals are:
Caring for the Environment
- Responsibly source 100% of wood
- Set a carbon reduction target in the next two years aligned to the latest climate science
Uplifting Employees and Communities
- Safety: Achieve a Total Incident Rate of less than 1.0
- Diversity: Increase employee representation in management roles to 30% minorities in the U.S. and 35% women globally
- Community: Support 200 local organizations
Innovating Sustainably
- Achieve an annual reduction in “substances of concern” in products and processes
- Integrate circular economy principles into the design of products and processes
See related article: KeyBank Details Carbon Commitments in 2021 ESG Report
“Since our founding nearly 100 years ago, doing well by doing good has been at the core of everything we do,” said Howard Heckes, President and CEO. “Our Renewed Responsibility goals signify our commitment to a culture that integrates ESG throughout the business. As we look toward our next century at Masonite, our ambition is to minimize our impact on natural resources, create safe, equitable and inclusive environments for all stakeholders, and to embed sustainability into the development and delivery of our products as we make life and living better through Doors that Do MoreTM.”
Highlights from Masonite’s 2021 ESG progress include:
- Achieved 12 percent reduction in greenhouse gas emissions since 2019
- Completed energy efficiency projects estimated to save over 12 million kWh annually
- Launched nine Diversity, Equity and Inclusion affinity groups
- Introduced “We Help People Walk Through Walls” purpose-driven community grant program
- Appointed Clare Doyle as Chief Sustainability Officer
To learn more about the Masonite 2030 Renewed Responsibility vision and progress made in 2021, view the complete report at masonite.com/esg.
Source: Masonite International Corporation