Climate Change & Zero Carbon Transition
To maintain our leadership status in the wire and cable manufacturing industry and help drive the clean energy transition, we must address the risks and opportunities of climate change – now and in the coming decades.Southwire is working to integrate a climate change scenario analysis into our Enterprise Risk Management process to identify and prepare for climate-related risks across our business.
We are also working to diversify our business and create resilient solutions through our recent acquisitions of Topaz Lighting, OBI Partners and Novinium, as well as continued product investment. In 2021, approximately 61% of our R&D spend included products with sustainable attributes.