Gibraltar Industries, Inc..
ROCK.US | Manufacture of structural metal products
Gibraltar Industries, Inc. is a leading manufacturer and distributor of products for a variety of end markets, including renewable energy, residential, agriculture, and infrastructure. The company operates through several segments. The Renewable Energy segment provides mounting and racking systems f...Show More
Better Health for All
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A significant portion of the company's product portfolio provides health benefits; the Agtech segment helps meet demand for fresh, locally grown produce while reducing water, fertilizers, and pesticides, and the Residential segment provides ventilation products for healthy home environments.
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In 2024, the company's Total Recordable Incident Rate (TRIR) was 1.1 and the Lost Time Incident Rate (LTIR) was 1.2.
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There were zero work-related fatalities in 2022, 2023, and 2024.
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In 2023, Gibraltar invested $15.6 million in R&D, with over half related to product development for comfortable living, sustainable power, and productive growing.
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The company's Agtech segment helps reduce the use of water, fertilizers, and pesticides in produce growing.
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During the COVID-19 pandemic in 2020, the company implemented protocols including PPE, social distancing, remote work, and additional pay for production employees.
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The company supports employees' physical and mental well-being and redesigned healthcare benefit choices.
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The company invested over 25,000 hours in training, including safety and ethics, and requires annual ethics and compliance training for all employees and the Board of Directors.
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Fair Money & Economic Opportunity
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Gibraltar Industries, Inc. is a manufacturer and distributor of products, not a financial institution.
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The 'Fair Money & Economic Opportunity' value is specifically designed to assess companies involved in lending, insuring, moving, or storing money, and how they democratize access to fair financial services. The provided articles do not contain any evidence that Gibraltar Industries, Inc. offers such financial products or services to consumers or businesses.
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Therefore, all KPIs under this value, which relate to financial products, pricing, customer financial outcomes, and financial inclusion initiatives, are not applicable to the company's core business model.
Fair Pay & Worker Respect
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The company's CEO to median employee pay ratio was 68:1 in the 2024 fiscal year, with the CEO's compensation at $5,234,163 and median employee pay at $77,158.
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The Total Recordable Incident Rate (TRIR) for safety was 1.6 per 200,000 hours in 2023, with no work-related fatalities reported in 2021, 2022, or 2023.
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Employee engagement, based on Glassdoor reviews, shows an overall rating of 3.5 out of 5 stars.
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There are no reported regulatory actions, violations, fines, or compliance issues related to labor laws in the provided information.
Fair Trade & Ethical Sourcing
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No evidence available to assess Gibraltar Industries, Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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Gibraltar Industries has a confidential, toll-free 24-hour hotline (1-866-721-7625) and an internet website for employees and others to report alleged accounting fraud or corporate misconduct anonymously without fear of retaliation.
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Employees can also report to supervisors, HR, General Manager, or the Senior Vice President of Human Resources & Organizational Development.
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The Chairman of the Audit Committee and the Corporate Director of Internal Audit monitor the hotline, investigate reports, and report findings to the Audit Committee.
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The company conducts quarterly ethics training for all employees and prohibits retaliation against those who report in good faith.
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There is no indication of financial restatements requiring recovery analysis of incentive-based compensation.
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The company reserves the right to audit supplier facilities, processes, components, materials, and finished goods, and these rights extend to all supplier subcontractors.
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Gibraltar has an Anti-Corruption Compliance Policy, dated January 2016, which applies to all directors, officers, employees, direct agents, and business partners globally.
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The policy prohibits bribery, improper payments, undisclosed funds, false entries, and money laundering, and requires due diligence for business partners.
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The company reserves the right to inspect supplier facilities to certify compliance with its Supplier Code of Conduct and to screen new suppliers for policy requirements.
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Kind to Animals
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Gibraltar Industries, Inc. manufactures products for various end markets, including renewable energy, residential, agriculture, and infrastructure.
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The provided articles do not contain any specific information or quantitative data points related to animal welfare, animal testing, animal-derived ingredients, humane certifications for animal operations, or measurable wildlife conservation impacts. Therefore, no KPIs under the 'Kind to Animals' value can be scored based on the evidence provided.
No War, No Weapons
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Gibraltar Industries made zero contributions to political candidates, campaigns, and political action committees, and did not partake in any direct lobbying efforts in 2023.
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The company does not support the purchase of any conflict minerals from the DRC or adjoining countries.
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Its due diligence processes are designed to conform to the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.
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However, a portion of its necessary conflict minerals for calendar year 2024 originated in these covered countries, and the origin of all 3TG used in all products has been undeterminable.
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The company conducts annual due diligence and surveys in-scope suppliers annually, with 277 suppliers surveyed in 2024 and an 82% response rate.
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The Audit Committee of the Board of Directors periodically reviews due diligence and compliance obligations.
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The company expects suppliers to comply with international trade control regulations and has a Supplier Code of Conduct outlining ethical and other responsibilities.
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Selected suppliers participate in a quarterly review process.
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Planet-Friendly Business
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In 2024, Gibraltar Industries reported total Scope 1 and 2 emissions of 19,303 tCO₂e, representing an 8.45% annual decline from 2023.
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The company is initiating a comprehensive assessment of Scope 3 emissions.
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No specific SBTi-aligned targets are mentioned.
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In 2024, 7,960 MWh of purchased renewable electricity and 55 MWh of self-generated non-fuel renewable energy were consumed.
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The water withdrawal intensity in 2024 was 79.5 cubic meters per million USD.
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As of the end of 2024, one facility had ISO 14001 certification for environmental management.
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The non-hazardous waste diversion rate was 65% in 2021.
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The company is working to apply life cycle assessments to evaluate the environmental footprint of products and services.
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Climate-positive initiatives include sourcing renewable energy, transitioning to electric forklifts, and participating in the U.S. Department of Energy’s Better Plants Program.
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The Gibraltar Supplier Handbook was deployed in 2023 to communicate expectations to suppliers.
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The company reported zero incidents of environmental non-compliance resulting in fines or penalties in 2021.
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Gibraltar Industries released its inaugural report in alignment with TCFD in December 2021 and dedicated Appendix A to TCFD disclosure in 2026.
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In 2026, a comprehensive reassessment of climate-related risks and opportunities was conducted under multiple scenario pathways, including those from NGFS and IPCC.
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In 2024, 7,019 cubic meters of water were withdrawn from areas of High to Extremely High water stress, representing 17% of total water withdrawal.
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The company is reducing dependence on single-use plastics for product packaging.
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Respect for Cultures & Communities
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No evidence available to assess Gibraltar Industries, Inc. on Respect for Cultures & Communities.
Safe & Smart Tech
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No evidence available to assess Gibraltar Industries, Inc. on Safe & Smart Tech.
Zero Waste & Sustainable Products
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Gibraltar Industries, Inc. reported a non-hazardous waste diversion rate of 65% for 2021.
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The company had zero environmental non-compliance incidents resulting in fines or penalties in both 2020 and 2021.
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Gibraltar has a Supplier Code of Conduct that includes environmental responsibility requirements for suppliers, and a Supplier Handbook was deployed in 2023 to communicate these expectations.
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