Published 07-05-05
Submitted by Koch Industries
In addition to showcasing the safety and environmental recognition received by Koch companies in 11 U.S. states and five other countries, the recently released report includes information on industry-leading performance achieved by these companies.
"Koch companies have more than doubled their employment and significantly expanded their business interests since 2003," said Hannah Valmont, Koch Industries' director of environment, health and safety. "During this time of rapid change and global growth, Koch companies have worked to integrate a culture of environmental, health and safety excellence into their operations, while striving to continuously improve performance at new and old sites. Our employees have worked hard to meet the challenge of becoming their communities'
operator of choice."
Other report highlights concerning Koch companies include the following:
The report, which can be downloaded or ordered online at www.kochehs.com, also illustrates employees' commitment to implementing Koch companies' policies and principles into daily operations. Koch companies concentrate on achieving what they call 10,000 percent compliance, which is 100 percent compliance, 100 percent of the time.
Koch Industries, Inc., based in Wichita, Kan., owns a diverse group of companies engaged in trading, investment and operations. These companies have a presence in about 50 countries and employ nearly 30,000 people in core industries such as trading, petroleum, chemicals, energy, fibers and intermediates, minerals, fertilizers, pulp and paper, chemical technology equipment, ranching, securities and finance, as well as in other ventures and investments. More information is available at www.kochind.com.
Copyright Business Wire 2005
Creating value. Transforming life.
Our life’s work is to help people improve their lives by making and innovating products and services our customers value. Our focus is on delivering mutual benefit: Win-win outcomes that make life better for customers and employees alike.
Based in Wichita, Kansas, Koch Industries is one of the largest private companies in America. A diverse set of businesses and industries across the world, we work together to keep improving and exploring new ways to make life even better.
Koch companies are involved in manufacturing, agriculture, pulp and paper, packaging, consumer products, building materials, glass, automotive components, refining, renewable energy, chemicals and polymers, electronics, enterprise software, data analytics, medical products, engineered technology, project services, recycling, supply chain and logistics, global commodities trading, and investments. Since 2003, Koch companies have invested more than $150 billion in growth and improvements. With a presence in about 60 countries, Koch companies employ more than 120,000 people worldwide, with about half of those in the United States.
Stewardship in all we do.
Our approach to Environmental, Social and Corporate Governance (ESG) is different than most. We believe in people and seek a system of equal rights and mutual benefit where individuals succeed by helping others succeed – and where people are empowered to improve their lives and their communities. It’s why we focus on empowering individuals to improve their lives and communities through bottom-up solutions rather than top-down imperatives.
Environmental Stewardship
Consuming fewer resources, minimizing waste and constantly innovating to improve our manufacturing processes and performance is essential to the way we do business – benefiting our customers, employees, investors, communities and planet.
Five environmental stewardship priorities.
With more than 300 manufacturing sites across the United States – and about 100 more globally – we’re one of America’s largest manufacturers. Every day, across those sites, we strive to create more value, using fewer resources than the day before. We do it through constant improvement and innovation – both in the products we make and how we make them, and by managing our resources in a way that benefits our customers, employees, partners, community members and society.
Social Stewardship
Philanthropy. Health and safety. Diversity and inclusion. Meaningful, rewarding careers and community outreach. These are just some of the vital priorities of social stewardship that empower each of our employees to develop, contribute, self-actualize and create value for the world while supporting communities in which we live.
Governance
Our management framework, Principle Based Management™, is based on proven principles of human progress and a deep appreciation for the dignity of every individual. Our private ownership, shared Vision, Values, compliance standards and oversight all help us focus on long-term value creation.
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