Garmin 2023 Corporate Impact Report Highlights Five Strategic
April 26, 2024
Garmin has published its 2023 Corporate Impact Report outlining the company’s ongoing commitment and progress to environmental, social and governance (ESG) initiatives. Formerly known as the Corporate Sustainability Report (CSR), the document identifies the five key corporate pillars of Garmin — People, Products, Operations, Growth and Sustainability — and features targeted strategies for continued success for years to come.
“Corporate sustainability is not a passive activity. It means actively engaging in and conducting business in manners that promote financial, environmental and societal stewardship. It is reducing risks, uncovering opportunities and creating long-term value for all stakeholders,” said Garmin President and CEO Cliff Pemble. “Sustainability topics and focus areas may evolve over time, but our commitment to sustainability is unwavering.”
Additionally, the report summarizes workplace culture, programs designed to ensure occupational health and safety and human rights protections as well as diversity and inclusion initiatives. Policies, practices and achievements in the areas of supply chain governance, conflict minerals compliance, sustainable product design and environmentally friendly manufacturing and operations are also included.
What Are the Five Strategic Pillars of Garmin?
People: Garmin continues to invest in people through competitive compensations, generous benefits, career growth opportunities and a fun and engaging culture that encourages long-term contributions.
Products: Our products offer essential utility, leading-edge technologies, compelling features and exceptional ease-of-use to create clear differentiators our customers appreciate and desire.
Operations:Weembrace a vertically integrated business model with strategic design, manufacturing, distribution, sales and support centers around the world to maximize value to customers.
Growth: We relentlessly pursue innovation to create new products and markets that lead to growth opportunities.
Sustainability: We continuously invest in people, facilities and equipment to focus on long-term success and stability.
Click here to access the 2023 Impact Report and learn more about our sustainability efforts.