OUR PHILOSOPHY
People at the heart.
We believe that placing people at the heart of our sustainability efforts is the best way to unleash our collective potential and make strides towards a better world. By focusing on our employees’ safety, well-being, sense of belonging, purpose, growth, and development, we strive to cultivate a Better Team to powerfully drive Better Innovations, a Better Planet, and a Better Society.
We put this philosophy into action by harnessing the power of VBS to accelerate impact, tapping into the passion of our employees to maximize engagement, and prioritizing transparency and accountability in reporting our progress.
Read more in our 2024 Sustainability Report here or below.
Better Team
We invest in building stronger, more forward-thinking teams through a wide range of initiatives that enable employee success and promote safety and well-being.
Better Innovations
We create smart solutions that offer a cutting-edge consumer experience while helping our customers manage workflows, grow their businesses, and achieve their sustainability goals.
Better Planet
We have committed to reducing our greenhouse gas (GHG) emissions, conserving water, generating less waste, and partnering with local and global organizations to mitigate the impact of climate change.
Better Society
We give back to make a difference around the world and harness the power of continuous improvement to amplify our global impact.
“Sustainability is not just a buzzword for Vontier. It is a core part of how we are advancing our businesses, and in turn, creating shareholder value and positive impacts for our customers and the world.”
Vontier recognized by TIME magazine and Statista as one of the World’s Most Sustainable Companies 2024
GOALS & PROGRESS
Holding us accountable.
Setting and sharing goals helps keep us accountable in meeting our sustainability commitments.
GHG Emissions
Near Term Scope 1,2, & 3
Goal: By 2030, achieve a 45% reduction in absolute Scope 1 and 2 GHG emissions and a 25% reduction in absolute Scope 3 GHG emissions from 2020 base year.
Progress: Reduced absolute Scope 1 and 2 GHG emissions by 40% in 2023 from 2020. Absolute scope 3 GHG emissions increased 19% from 2020. Our 2022 Scope 1, 2 and 3 GHG reduction goals have been validated by the Science Based Targets Initiative (SBTi)
GHG Emissions
Long Term Scope 1,2, & 3
Goal: Reach net zero by 2050 in support of the Paris Climate Agreement.
Progress: Eight facilities are powered by 100% renewable energy, and five manufacturing sites have completed energy kaizens.
Environment, Health & Safety
ISO Certifications
Goal: 100% of manufacturing sites achieve ISO 14001 Environmental Management and ISO 45001 Occupational Health and Safety certifications by 2026.
Progress: 83% of manufacturing sites are ISO 14001 certified and 58% of manufacturing sites are ISO 45001 certified.
Conservation
Water
Goal: Achieve 100% implementation of water risk assessments and conservation plans at high-priority manufacturing sites by the end of 2026.
Progress: Published Water Management Policy, completed water risk assessments for all manufacturing sites and identified four high-priority sites.
TRIR & DART
Workplace Safety
Goal: Achieve a Total Recordable Incident Rate of 0.34 and a Days Away, Restricted or Transferred rate of 0.28.
Progress: In 2023, achieved a TRIR of .36 (down 36% from 2021) and a DART of .21 (down 47% from 2021), and LTIFR of 0.78 (newly reported metric).
Other Achievements
- Reduced lost time injury frequency rate (LTIFR) over the last three years from 2.18 in 2021, to 2.01 in 2022, and 0.78 in 2023.
- Decreased hazardous waste generation by 17% (120.6 metric tons in 2022 to 99.1 metric tons in 2023).
- Conducted our first double materiality assessment that involved inputs from internal and external stakeholders to evaluate and prioritize specific sustainability issues and trends in the context of our evolving strategy and business landscape.
“At Vontier, we have intentionally embedded sustainability in our connected mobility strategy. We’re committed to developing products that solve our customers’ problems while paving the way to a smarter, safer and cleaner planet.”
OUR IMPACT
Innovating for impact.
Beyond building forward-thinking products and services, Vontier is activating meaningful progress and impact by fostering a deeply inclusive culture of continuous improvement, prioritizing sustainability, and thoughtfully investing in our communities.
While electrification will power a significant portion of the future passenger car parc, a range of alternative fuels are likely to power commercial fleets. ANGI Energy Systems is applying its deep-rooted expertise in compressed gas to launch a suite of hydrogen refueling technologies. As 35 and 70 MPa fuel cell electric vehicles gain popularity, ANGI’s all-in-one hydrogen fueling systems offer the reliability, scalability, and performance needed for a seamless and safe transition.
Capturing fuel vapor is a critical step in curbing air pollution in high growth markets. In India, Gilbarco Veeder-Root shares its expertise with the Central Pollution Control Board (CPCB) to help educate the region’s major oil and gas companies about best practices to promote better air quality. Gilbarco Veeder-Root’s multi-year engagement is already seeing greener returns for India. Through consultation with the CPCB, lawmakers have now mandated vapor recovery systems for all major cities.
From construction and mining vehicles to long-haul and local delivery fleets, Teletrac Navman's telematics solutions use artificial intelligence to improve fleet fuel efficiency by up to 30%. Real-time GPS location tracking helps calculate the most efficient routes and optimize deliveries to minimize total miles driven. Automatic alerts address inefficient driver behaviors like excessive speed and idle times, and integrated sensors can immediately identify low tire pressures and recommended maintenance actions to ensure each vehicle is operating as efficiently as possible.
EVolve’s interoperable electric vehicle charging and energy management platform is facilitating the seamless transition to electric mobility around the globe. The platform integrates with retail fueling and fleet operators' mobility, energy distribution, and transmission systems, enabling rapid scaling across public, fleet, and home charging operations.
At Matco Tools, dedicated “Building the Dream” franchise programs demonstrate our commitment to inclusion, diversity, and equity in our communities and help new franchisees build the futures they want. Matco’s Veterans Franchise Program gives veterans the opportunity to run their own business with exclusive incentives, including up to $10,000 to start a franchise. And the Diversity Franchise Program awards an $8,000 scholarship each month to help women and people of color realize their dream of owning a Matco Tools distributor business.
DRB helps car wash operators optimize workflows for safety and efficiency. NoPileups™ tunnel optimization protects cars—and people—by automatically stopping the conveyer before an incident occurs. TunnelWatch® helps reduce the use of chemicals in every wash by automating cleaning treatments to apply only what is needed.
The VBS Office is at the center of Vontier’s people, processes, technology, and culture. We drive tangible results across Vontier by accelerating growth and innovation, minimizing waste, accelerating productivity, and developing our future leaders.”
COMMUNITY IMPACT
Creating a better world.
Vontier’s community involvement and philanthropic giving offer ways for our whole team to make an impact.
Vontier Cares
The Vontier Cares program provides employees one paid day off a year to volunteer, give back to the community, and advance social justice initiatives. Over 4,000 Vontier employees participate in virtual, in-person, individual, and group Vontier Cares activities annually, totaling over 32,000 volunteer hours a year.
GOAL: Reach 90% employee participation rate for Vontier Cares community service by 2026.
PROGRESS: Reached 54% employee participation rate in 2023.
Vontier Foundation
The Vontier Foundation is a 501(c)(3) organization that amplifies our impact where it’s needed most, with a focus on our giving pillars of acute disaster relief, climate and environmental initiatives, education, social justice and inclusion, and local community engagement. The Vontier Foundation has donated over $940,000 since its 2021 launch.
GOAL: Align 100% of Vontier Foundation donations to our giving pillars.
PROGRESS: Aligned 100% of 2023 donations to giving pillars.
Vontier Scholarship Program
To support and invest in the world’s future leaders, the Vontier Scholarship Program provides scholarship awards to children of global employees who are pursuing a post-secondary education. Since the program’s launch, we have provided more than 46 global scholarships for a total of more than $142,000.
PARTNERSHIPS
Stronger together.
We partner with leading organizations around the world to amplify our advocacy, expertise, and impact.
“Vontier Day of Caring is one of the best things that all Vontier team members get to participate in. Giving back to our communities has and will continue to be a core pillar of our business.”
REPORTS & POLICIES
Vontier is committed to robust corporate governance. Transparency and accountability are essential in building trust with our stakeholders, and we prioritize frequent and open communication on our performance and company policies.
A new survey by Vontier finds that EV drivers prioritize safety in public charging stations, with nearly 80% willing to travel further for well-lit charging locations with security, often near stores and restaurants.
This report highlights Vontier’s approach to and performance on the sustainability topics that matter most to our business and stakeholders.
This report provides information that is representative of our 2023 U.S. workforce demographics.
We obtain independent third-party verification of our Scope 1 and 2 greenhouse gas emissions and energy consumption on an annual basis to ensure they are materially correct according to recognized standards.
We disclose our progress on climate-related commitments annually via CDP, and achieved a B rating on our 2022 Climate Change questionnaire.
We’re committed to running our business ethically and responsibly for the benefit of all stakeholders.
We are committed to complying with all anti-bribery and anti-corruption laws globally, and to holding our subsidiaries to the same standards.
We strive to compete vigorously, fairly, and in compliance with all laws, including antitrust or anticompetition laws designed to promote fair competition and a level playing field.
We are committed to producing products ethically and ensuring that none of our workers were forced, coerced, blackmailed, or trafficked into their jobs.
We comply with all anti-bribery laws and do not make charitable contributions to individuals, religious organizations, political causes, or organizations that discriminate based on age, gender, race, national origin, religion, sexual orientation, gender identity or expression, veteran status, marital status, or disability.
We promote ethical and lawful employment and workplace practices for ourselves and within our supply chain.
Communicates our expectation that our suppliers source only from conflict-free smelters.
We ensure sustainable and transparent environment, health, safety, and security practices in our operations through clear expectations, training, and VBS.
We comply with data privacy regulations, including GDPR, and set appropriate safeguards to protect personal data.
We do not allow gifts or entertainment to be provided or accepted if the gift or entertainment would violate any applicable law.
We comply with all applicable trade compliance laws and regulations in all countries where we do business.
We support universal human rights and the dignity of people throughout our operations, our communities in which we operate, and our global supply chain.
We require Vontier’s directors and employees to comply with all applicable laws regarding securities trading.
We do not not make contributions to political campaigns or organizations or to lobbying groups whose primary role is to influence political campaigns or public policy and legislation.
As part of our commitment to SDG 16, which focuses on peace, justice, and strong institutions, we are indefinitely ceasing all sales and shipments in Russia.
We take a stand for human rights and fair labor standards, and we expect all suppliers and subcontractors across our operating companies to do the same.
We work to create mutually beneficial business relationships with diverse suppliers that strengthen the communities in which we operate.
Vontier’s waste management program establishes guidelines for the proper management of waste by the organization to promote environmental sustainability, comply with legal requirements and ensure the safety and health of employees and the community.
Vontier’s water management program aims to optimize water use, protect water quality, advance opportunities for improvement, and comply with applicable regulations.