Better Health for All

TriMas manufactures products with positive health impacts, including packaging for pharmaceutical and nutraceutical markets, medical-related components, oxygen cylinders for hospitals, and child-resistant closures.

The company reported a fatality rate of zero and a Total Recordable Incident Rate (TRIR) of 2.35, a DART Rate of 1.81, and an LTA Rate of 0.84 in 2024. 27% of manufacturing locations have ISO 45001 accreditation. TriMas offers means-based healthcare premiums to employees, making coverage more affordable. The company provides comprehensive preventative health measures for employees, such as annual biometric screenings, flu shots, and programs for diabetes and weight management. Mental health support is offered through an employee assistance program with counseling and short-term sessions. TriMas also has a tobacco cessation program. However, some products contain hazardous substances on the REACH Candidate List, which are disclosed to customers. While the company has a cybersecurity program with annual employee training, there is no specific evidence regarding the protection of sensitive *health* data beyond general compliance with data privacy laws. The company's food packaging solutions aim to extend shelf life and reduce waste, and some facilities hold BRCGS and SQF certifications for food safety.

Fair Pay & Worker Respect

Approximately 18.3% of the total workforce is covered by collective bargaining agreements or affiliated with work councils, based on 13% of U.S. employees and 27% of non-U.S. employees in 2024.

The Total Recordable Incident Rate (TRIR) was 2.35 per 200,000 hours in 2024, with zero employee fatalities. Voluntary employee turnover was 25% in 2024. The company reported zero breaches or disputes relating to fair wages or benefit laws, zero discrimination cases, and zero harassment cases during the 2024 reporting period. Additionally, 79% of U.S. employees participated in a TriMas medical/prescription drug plan in 2024.

Kind to Animals

TriMas has a strong stance against animal testing, explicitly stating that it does not allow animal testing for any product, formulation, or raw material.

This policy extends to its suppliers, who are required to respect animal welfare and progressively adopt humane practices. The company is also listed by CrueltyFreeInvesting.org as having "No Animal Exploitation," which implies zero animal testing volume. While the policy is robust, there is no explicit evidence of the company leading industry coalitions or actively advocating for legislative changes to phase out animal testing industry-wide, which would align with higher tiers.

No War, No Weapons

TriMas Corporation states alignment with the UN Guiding Principles on Business and Human Rights.

The company commits to responsible sourcing of conflict minerals, requiring suppliers to have a conflict-free sourcing policy, trace origin, and provide annual declarations using the Conflict Minerals Reporting Template (CMRT). TriMas also conducts annual due diligence on conflict mineral sourcing. However, no specific data on the percentage of the supply chain certified conflict-free is provided, nor is there information on the volume of conflict minerals used.

Planet-Friendly Business

TriMas Corporation reported total Scope 1 and 2 emissions of 85,587 metric tons CO2e in 2023.

However, Scope 3 emissions are not evaluated or disclosed, which places the company in a negative tier despite its relatively low Scope 1 and 2 footprint. The company consumed 273,531 MWh of energy in 2023, with only 26 MWh (less than 0.01%) sourced from renewables, though a solar energy investment at a German facility covers 5% of its electrical demand there. Water withdrawals in 2023 totaled 305.4 megaliters, with 78.2 megaliters (25.6%) sourced from water-stressed basins. The company's water use per revenue unit was 2,925,834.97 m³ per $1M revenue in 2023. The waste diversion rate was 75.3% in 2023. TriMas reported no water-related regulatory violations in 2023. The company is a signatory to TCFD and UN Global Compact, and its 2023 Sustainability Update details TCFD alignment, but it has not completed formal climate scenario analysis, though it plans to within two years. It has a climate transition plan with a temperature alignment, but not specifically a 1.5°C pathway. No actions were taken to progress biodiversity commitments in 2023, and activities are located near a Key Biodiversity Area in Mexico.

Respect for Cultures & Communities

TriMas has 3 formal partnerships with local community groups, including two associations in Mexico for cancer awareness and research, and a local church in Italy for shelter.

The company provides an ethics hotline for employees, customers, suppliers, and external stakeholders to confidentially and anonymously report concerns, which are investigated and escalated to the Audit Committee. In 2024, 35 reports were received, investigated, and resolved, with 17 requiring remediation. However, the average time to resolve community complaints is not specified. TriMas states it addresses the principle of Free, Prior and Informed Consent (FPIC) and respects indigenous peoples' rights, but does not provide data on the percentage of affected communities participating in FPIC processes. The Code of Conduct is accessible to all employees in the primary languages used where the company operates, and training is provided in local languages. The TriMas Foundation supports initiatives in Arts and Culture, but the percentage of revenue donated to cultural heritage organizations is not provided. All reported concerns are promptly and thoroughly investigated, but there is no specific framework for cultural incident response. In 2024, 94% of employees completed the annual Code of Conduct training, which includes ethics and compliance, but not specifically cultural sensitivity.

Zero Waste & Sustainable Products

In 2024, TriMas recycled 69% of its total waste.

The company reported 789 tons of total hazardous waste in 2024, an increase from 641 tons in 2023. TriMas has a target to reduce its global total water withdrawn on an intensity basis by 45% from its 2019 baseline year by 2030. The company requires 100% of its tier 1 suppliers by procurement spend to comply with environmental requirements, monitored through a grievance mechanism and self-assessment. TriMas educates customers on the value of reuse and circularity to extend product life and minimize environmental impact. The company had no water-related regulatory violations in the reporting period. Material efficiency initiatives, such as mold conversions, can lead to a 15-20% decrease in the weight of runners, saving raw materials.