Environmental, Health, and Safety
Sustainable Development Goals:
We invest heavily in talent management to cultivate strong leadership and maximize organizational potential. We prioritize hiring and developing people who embrace our high-performing, team-oriented culture.
We strive to improve safety performance and embed safety in everything we do. We assess and improve our EHS programs and training to increase our focus on safety culture, incident reduction and prevention, and risk mitigation.
EHS MANAGEMENT APPROACH
We prioritize fostering a culture of health and safety for everyone and focus on identifying and mitigating risks across all operations. Certifications like ISO 45001 further support our commitment to maintaining safe workplaces and several of our sites are ISO certified.
Daily Management, a key process of the IDEX Operating Model, facilitates health and safety initiatives. At each location, Daily Management meetings include discussions on potential safety hazards and action plans to address them. EHS leaders regularly conduct site reviews to identify risks, implement safeguards, and promote safety awareness through training sessions. Regular engagement among corporate and local EHS leaders facilitate collaboration, problem-solving, and information sharing.
EHS VISION AND CARDINAL RULES OF SAFETY
In 2023, we rolled out a new EHS Policy and EHS Vision Statement. The policy, signed by the CEO and local business leadership, is required to be posted at all sites and reinforces our commitment to the reduction of work-related injury and illness. Our ultimate goal is zero workplace incidents, and this vision provides clear guidance on how employees can integrate EHS principles into their daily actions, further embedding safety into our culture.
In 2024, we implemented our Cardinal Rules of Safety at all sites. These rules, required to be posted at all IDEX sites, are fundamental safety rules that all employees and workers are required to follow.
EHS GOVERNANCE
The Chief Sustainability Officer oversees the EHS function and meets with the executive leadership team and key operating leaders monthly to review progress against safety metrics. We also review our EHS program and metrics with the Audit Committee of the Board of Directors.
Cooperation between local EHS specialists and corporate EHS team members is integral to the program’s success.
Regular meetings, conferences, and training sessions keep our teams informed and engaged. By combining corporate oversight with localized ownership, we foster a culture of safety at every level.
While we take pride in our strong safety record, we recognize that the health and safety of our employees is a topic that requires continuous improvement. Data-driven decision making is key to effective EHS management, so in 2024, we implemented Benchmark Gensuite, a leading software platform for incident tracking and management. This system enhances our ability to identify, report, analyze root causes, and implement corrective actions, ensuring a more proactive approach to workplace health and safety.
since 2020
Injury Rate
for 2024
Safety Training AND EDUCATION
Health and safety training is an important component of our program. The corporate team provides regular guidance and training to the EHS community. EHS leaders conduct regular training sessions to reinforce learnings following remediation efforts from incidents, near misses, and safety observations.
SAFETY PERFORMANCE AND INCIDENT MANAGEMENT
Safety metrics, including Total Case Incident Rate and Lost Workday Incident Rate, are tracked across all businesses using a 12-month rolling average. Performance is reviewed at executive leadership meetings and daily management meetings. When an incident occurs, root causes are analyzed and countermeasures are implemented to prevent recurrence. Lessons learned are shared globally to promote awareness and prevent similar events.
of recordable safety
incidents at Viking
from 2023
to 2024
Viking Pump in Iowa recognized an opportunity to improve its safety performance, so the team prioritized developing and implementing sustainable fixes. Leadership began by focusing on trust, one of the IDEX Values, and turning observations into action. A new safety committee focused on improving the change management process for safety upgrades and engaging employees on safety projects, leading to increased buy-in. Regular conversations about what safety means and the positive impact everyone can have began changing the overall culture.
A number of safety initiatives were undertaken ranging from new safety banners and posters to work stoppages that focused on safety, inspections, and hazard identification events. The Viking Pump team implemented a new software system to create a communication and follow-up channel for injuries, near misses, safety actions, and safety observations and led to better decisions on where to focus the company’s safety efforts. Through deeper levels of employee engagement, active analysis of data, and ongoing implementation of improved safety measures, Viking Pump reduced its annual number of recordable safety incidents by over 45% from 2023 to 2024.
