Hillenbrand Releases 2023 Sustainability Report

~ Hillenbrand, Inc., a global leader in providing highly-engineered processing equipment and solutions, has recently released its fifth annual Sustainability Report. The report highlights the company's progress in key sustainability areas and its dedication to innovation.

According to Kim Ryan, President and CEO of Hillenbrand, the report focuses on the company's industrial products that have a positive impact on the world. It also includes information about new acquisitions and increased transparency in reporting on environment, health and safety, and human resources. The report also emphasizes product innovation that aligns with the company's Purpose of "Shape What Matters for Tomorrow™."

As a signatory to the U.N. Global Compact (UNGC) and committed to the U.N. Sustainable Development Goals (UN SDGs), Hillenbrand published this report in accordance with the Global Reporting Initiative (GRI) Standards and the Sustainability Accounting Standards Board (SASB) framework.

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Tory Flynn, Chief Sustainability Officer and Vice President of Corporate Affairs, stated that 2023 was the first year Hillenbrand had insights into all three scopes of its emissions. This allowed them to gain new insights into emissions from their equipment and their impact on customers' operations. The company also expanded its use of renewable energy across its operations. Additionally, results from their first double materiality assessment helped them focus on topics that are important to stakeholders, including innovation and supply chain management.

The report also showcases product innovation and how it integrates with new brands to impact sustainability within key end-markets. It also highlights Hillenbrand's efforts to increase supplier standards and expand human rights policies. The company has set a new framework for foundational safety standards and culture focused on safety for all associates. They have also begun aligning with the Task Force on Climate-related Financial Disclosures (TCFD).

The full report can be viewed at hillenbrand.com/sustainability along with more information about Hillenbrand's sustainability program. The company remains committed to advancing sustainability and making a positive impact on the world through its products and operations.
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