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Environmental, Social and Governance Report

Corporate Responsibility







 

Message from our CEO

Dear Nordson Stakeholders,

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At Nordson, the strength of our organization is reflected in the ways we continue to embrace our values, demonstrate our team-focused culture, and execute our vision on behalf of our customers, investors, employees, communities, and other stakeholders. Our ESG reporting demonstrates our continued commitments in action and provides updates on our progress in protecting the environment, building Winning Teams, investing in our communities, and delivering technology solutions that support sustainable development. We take a disciplined approach to our investments and initiatives, focusing on those that we expect to add value to our organization, such as increasing operational capability, resiliency or efficiency, achieving positive financial returns, and/or enhancing employee engagement and retention.

 

Supplying products that matter while reducing our environmental footprint

Throughout Nordson’s history, we have leveraged our world-class ingenuity to develop products that help customers reduce their environmental footprint by improving yields, maximizing efficiency, and reducing scrap and material waste. We also deliver innovative solutions that enable customers to utilize recycled and ecofriendly materials in their manufacturing processes and to manufacture products that support important environmental and social end uses, such as clean energy, medical and life sciences, and food security. Our recent acquisition of Atrion Corporation deepens our connection to the medical device industry and expands our portfolio of life-saving products. 

 

The emissions reduction and clean energy targets we set in 2022 have motivated our teams to bring forward various ways to improve our environmental footprint. Solar panels, insulation upgrades, process improvements, and other impactful solutions that emerged position us well to achieve our climate targets while also improving operations, providing long-term cost savings, and engaging our employees. We will continue to foster a culture that recognizes the positive interconnection between sustainability and lean manufacturing and uses data-driven frameworks to identify and pursue high-impact opportunities for improvement.

 

Building Winning Teams

At its core, the Winning Teams pillar of our Ascend strategy is about creating an engaging culture that attracts, retains, and develops top talent.  We believe the diverse backgrounds and contributions of our people help define our culture and fuel our successes, and as such, we prioritize ongoing engagement, career advancement, and a positive and inclusive work experience throughout every phase of the employee life cycle.

 

For example, more than 500 leaders from across our global divisions and support functions have participated in our NBS Next Accelerator training program, which facilitates an in-depth understanding of the NBS Next business system and strengthens our company culture. 

 

To recruit and develop our next generation of leaders, we launched our Commercial and Finance Leadership Development Programs, which rotate recent college graduates through different roles in the Company.  In support of employees from all background and circumstances, we maintain Employee Resource Groups that encourage our employees to bring their authentic selves to work every day, and refined our policies and benefits to ensure Nordson remains an employer of choice. We also remain vigilant in prioritizing the health and safety of all our employees as part of our Journey to Zero initiative aimed at eliminating all accidents through continuous improvement.

 

Investing in our communities

Beyond our own operations, we believe in giving back to our communities through philanthropic contributions and participation in volunteer opportunities that reflect the causes we are passionate about. In FY23, Nordson and the ¶¶ÒõÊÓÆµ Foundation donated more than $13 million to programs in our communities. We offer a 2:1 matching employer contribution on charitable giving by our employees, and recently expanded our volunteer paid time off program to broaden the scope of eligible events.   

 

In closing, thank you for your continued support as we continue to implement our ESG strategy on behalf of all our stakeholders. I am proud to share the ways that, together, we are leveraging Nordson's history of innovation and action to make the world a better place for all those we serve.



Sundaram Nagarajan
President and Chief Executive Officer

 

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