- Simpson Manufacturing (SSD, Financial) released its 2024 Corporate Social Responsibility Report, highlighting significant enhancements in social responsibility and sustainability efforts.
- The company saw a 141% increase in total charitable contributions, with over $405,906 donated to nonprofits.
- Workplace safety improved significantly, with a reduced Total Recordable Incident Rate (TRIR) of 0.99.
Simpson Manufacturing Co., Inc. (SSD) has unveiled its Fiscal 2024 Corporate Social Responsibility (CSR) Report, detailing substantial progress in their social and environmental initiatives. The report underscores the company's national sponsorship of the ACE Mentor program and its extended partnership with the Building Talent Foundation through 2025. Additionally, the firm donated over $125,000 to Habitat for Humanity International, enhancing its impact on community development.
Simpson Manufacturing has significantly expanded its scholarship program, increasing the number of scholarships from 100 to 120 annually and raising the individual award amount from $2,500 to $3,000. This initiative reflects the company's commitment to education and workforce development.
In financial contributions, employee donations reached $202,953, with the company matching these donations, resulting in a total of $405,906 for nonprofit organizations—a 141% increase from the previous year. This reflects a considerable boost in the company's philanthropic activities.
The company also made strides in workplace safety, achieving a Total Recordable Incident Rate (TRIR) of 0.99, surpassing its 2025 target ahead of schedule. Furthermore, Simpson Manufacturing received multiple innovation awards in 2024, highlighting its ongoing commitment to advancing industry standards.
The CSR report emphasizes Simpson Manufacturing's commitment to reducing its environmental footprint, with continued improvements in energy efficiency, water usage, and waste management. These efforts are part of the company's broader environmental strategy to enhance sustainable business practices.
