|ESCO Announces Launch of Sustainability Website|
Releases First Annual 2016 Sustainability Report
ST. LOUIS, January 3, 2017 - ESCO Technologies Inc. (NYSE: ESE) (ESCO, or the "Company") today announced the launch of a dedicated sustainability website (http://sustainability.escotechnologies.com), and proudly presents the Company's first annual 2016 Sustainability Report.
ESCO clearly understands the importance of managing its environmental, social and governance (ESG) impacts, and has made meaningful progress in identifying its most significant ESG impacts in order to enhance its business practices moving forward. Publishing its first annual sustainability report demonstrates the next step in the Company's important journey of sharing and improving its sustainability performance.
Vic Richey, Chairman and Chief Executive Officer, commented, "Our company has a strong and long-held dedication to conducting business responsibly, with ethical behavior being core to our culture. As part of our commitment to sustainability, we clearly recognize the growing global need to mitigate climate change, protect our workers and enhance our communities.
"With this in mind, ESCO has a duty to inform our stakeholders about company practices and strategies that impact our sustainability. Transparency is very important to our business and publishing our first annual sustainability report further demonstrates our commitment.
"ESCO's guiding priority is to create targeted, long-term growth that benefits our shareholders. We do this by continually investing in product innovation, making selective acquisitions to expand our capabilities, while maintaining a multi-segment platform to diversify risk.
"Sustainability is an essential part of achieving our vision, and the additional information disclosed reflects our continuing commitment to integrating sustainability into our ongoing business model. I hope you find the report informative and beneficial to your understanding of ESCO as what we've outlined will be an enduring piece of our business model and is an instrumental part of our vision to foster long-term growth."
ESCO's 2016 Sustainability Report is also accessible on the Company's website at www.escotechnologies.com by clicking on the "Corporate Citizenship" tab which includes a link to the 2016 Sustainability Report.
ESCO, headquartered in St. Louis: Manufactures highly-engineered filtration and fluid control products for the aviation, space and process markets worldwide; is the industry leader in RF shielding and EMC test products; provides diagnostic instruments, software and services for the benefit of the electric utility industry and industrial power users; and, produces custom thermoformed packaging, pulp based packaging, and specialty products for medical and commercial markets. Further information regarding ESCO and its subsidiaries is available on the Company's website noted above.
SOURCE ESCO Technologies Inc.