Des Moines, Iowa / Serralunga d’Alba, Italy (October 3, 2024) – Krause Group today published its 2023 Corporate Social Responsibility (CSR) Report which provides a detailed overview of how its brands have worked to deliver tangible progress in CSR efforts through a commitment to diversity, equity and inclusion, sustainable business practices, and community engagement.
This is their sixth edition since 2018, which goes further in developing clear performance indicators in alignment with their three chosen sustainable development goals and commits to future benchmarking for long-term, sustained impact.
“We are proud to share our progress in our 2023 CSR report,” said Kyle Krause, Founder & CEO of Krause Group, “Our commitment to DEI, CSR, and sustainability is unwavering. These accomplishments highlight our dedication to positively impacting the world while providing value to our stakeholders. We will keep pursuing excellence in our CSR efforts, ensuring our business practices promote a sustainable and equitable future.”
Recognizing the imperative to adapt and evolve as a global business in 2023, Krause Group and its brands aligned with the United Nations Sustainable Development Goals, a set of 17 interconnected goals developed in 2015 and designed to address global challenges such as poverty, inequality, and environmental degradation by 2030, committing in Gender Equality, Reduced inequalities and Climate Action.
Key Highlights of the 2023 CSR Report Include:
Environmental Stewardship
- Achieved an 82% reduction in energy intensity.
- Increased the use of renewable energy sources to 20% of total energy consumption.
- Reduced water intensity by 85%.
Community Engagement
- Provided over 130 charitable contributions to numerous causes and organizations
- Associates served on 55 charitable boards and committees.
- Donated 10% of our profits back to the communities we serve.
Diversity and Inclusion
- Enhanced diversity initiatives by organizing community and Associate events, including a conversation with U.S. goalkeeper and Olympic gold medalist, Briana Scurry.
- Introduced Diversity, Equity, and Inclusion training into our new Associate onboarding.
- Conducted company-wide diversity training programs, reaching 100% of Associates.
The entire report can be reviewed at krausegroupcsr.com.