Donaldson Company Releases Fiscal Year 2023 Sustainability Report

Donaldson Company, Inc. (NYSE:DCI), a leading worldwide manufacturer of innovative filtration products and solutions, today published its fiscal 2023 Sustainability Report. The report details progress made towards the Company’s sustainability goals, referenced as the “2030 Ambitions.” These goals include reducing greenhouse emissions (GHG), improving gender and racial/ethnic representation, protecting the health and safety of employees, and positively impacting communities and are a part of Donaldson’s sustainability strategy – Filtration for a Thriving Future. The progress made reflects the Company’s investments in pursuing and advancing its environmental, social and governance (ESG) efforts.

“Our commitment to ESG principles, coupled with our dedicated efforts towards sustainable stakeholder care, enhance Donaldson’s standing as a responsible corporate citizen,” said Tod Carpenter, chairman, president and chief executive officer. “Our 2023 accomplishments reflect the execution of our Filtration for a Thriving Future strategy which is grounded in our commitment to ensuring our products and practices have a positive impact today and create a thriving future for people and the planet.”

The Filtration for a Thriving Future sustainability strategy is guided by a commitment to drive continuous value for customers, mainly through 1) advancing filtration to support the transition to a lower-carbon economy, 2) enabling life-changing innovations through partnerships in industries including sustainable food production and life-saving therapeutics, and 3) building sustainable partnerships through deep technical expertise, proven processes, and collaboration. The following are Donaldson’s 2030 Ambitions and fiscal year 2023 accomplishments:

2030 Ambition	FY23 Accomplishments
GHG Gas Emissions: Targeting an absolute reduction of its Scope 1 and 2 GHG gas emissions by 42% by the end of fiscal year 2030 from a fiscal year 2021 baseline. This ambition, along with the execution roadmap, is science-based and aligns with the Intergovernmental Panel on Climate Change (IPCC) 1.5°C global warming scenario.	Reduced total Scope 1 and 2 GHG emissions by 25% and grew renewable energy usage by 21% over fiscal year 2021.
Employee Health & Safety: Providing safe and healthy workplaces. The Company aims to have year-over-year reductions in life-changing events and consistently have zero life-changing events by the end of fiscal year 2030.