2012 in Review (Con't)
Focus Area: Preserving Natural Resources
We recognize the importance of doing our part to preserve and manage the natural resources that keep our communities healthy, such as air, water, and biodiversity.
Reducing Paper Consumption
In 2011 we stopped the practice of printing and mailing our Annual Reports to all Brady shareholders. By adopting the Securities and Exchange Commission's "Notice and Access" model, shareholders now access the company's Form 10-K on-line and Brady conserves up to one-half million sheets of paper annually.
Focus Area: Continuously Improving Safety Performance
Brady has been tracking and reviewing safety performance on a quarterly basis since 1998.
We use several leading indicators including our internal Critical Program Elements (CPE) site scoring system, which identifies the critical elements that are basic to safe, clean and efficiently run operations. These include the use of Brady's own lockout / tagout and labeling products and services. The system also provides us with a scoring method to evaluate how well we are managing the risks identified for each facility.
Each site publishes their CPE scores, guarding percentage completion, incidence statistics and EHS projects monthly to site and regional management. These metrics are rolled up quarterly to the CEO, CFO and Audit Committee of the Board of Directors.
Training is required as a key piece of our CPE program and includes postings in local languages globally.
In 2012, Brady’s Milwaukee operations (Florist, Good Hope and Tobey) were finalists for the Wisconsin Corporate Safety Awards, presented by the Wisconsin Safety Council and the Wisconsin Department of Workforce Development.
We are pleased to have seen continuous decline in our total incidence rate since 2007, which follows a similar trend from the prior 5 year period.
In 2012, the global incidence rate continued to decrease to an average of 0.81 recordable injuries per 100 employees. Overall, 81 percent of business sites registered an incidence rate below 1.2 in 2012.
