Corporate Responsibility

Responsibly fulfilling our commitments.

We care about our team members, the communities in which we operate, and environmental stewardship. With an experienced, diversified, and independent board of directors guiding our leadership team, we have the vision and ethos to continually raise our standards and do more.

Social

A focus on safety: within and beyond our walls.

A safe environment is also a critical focus for our Company—safety that extends beyond our walls and to our customers and end users. The standout products and services among our Engineered Building Solutions segment showcase this commitment. Smoke Guard, Balco, and Greco help contractors and commercial builders meet safety and code compliance for both new construction and renovation, including fire and smoke protection and railings.

Explore Engineered Building Solutions

Total Recordable Incident Rate Decreased from 3.2 in 2020 to 1.9 in 2021.

Better together: In our businesses. In our communities.

Across CSW Industrials, our team members work together collaboratively, taking pride in their work, driven by our culture and compensation strategy. It is not uncommon for team members to have 15, 20, or even 25 years of tenure.

It starts with our compensation package, a comprehensive and equitable plan which recognizes that everyone who works with us is more than just an employee. CSWI’s Total Rewards program consists of base pay, cash incentive, retirement, and health and wellness programs.

Here are a few highlights:

We incentivize performance

Every team member is eligible to receive a cash inventive in addition to base pay.

Benefits are equitable

Not everyone pays the same for health and wellness benefits. Team members share the costs of health and wellness benefits at different levels, depending on salary level in the organization.

Retirement is part of the plan

We offer a 401k plan and an employee stock ownership plan (ESOP). Our 401k provides a dollar-for-dollar match up to 6%. Based upon our Company’s profit, we contribute incrementally to other profit-sharing programs, and we have a demonstrated track record of incremental contributions is 7% to 11%. Employees in the United States are eligible to participate in the ESOP, while team members in other countries have alternative equivalent benefit programs. Every team member in the United States is a shareholder within the organization. In fact, team members own nearly 5% of CSWI.

Wellness is our way

Our wellness plan through Cigna offers a range of programs focused on health and wellness awareness. Demonstrating our commitment, we received a 2020 Cigna Well-Being Award for Outstanding Culture of Well-Being, which honors the difference the Company is making in the health and well-being of our employees in areas such as leadership, organizational foundations, policy and environment, program implementation, and participation.

CSWI also fosters a sense of community throughout our companies. Each operating company coordinates efforts to give back to the places they’re located. Team members give their time to help others in many different ways, including feeding the homeless, organizing toy drives, supporting scholarship programs, and more.

Governance

Performing at the highest level by the highest standards.

Sound governance practices are foundational to any high performing organization. At CSWI, our practices demonstrate our commitment to thoughtful, value-focused governance that helps the Company effectively manage enterprise risks and ultimately preserve and drive long-term shareholder value.

Board Independence and Leadership

Our Board of Directors has a responsibility to oversee the Company’s leadership in the competent and ethical operation of the Company and to ensure that our shareholders’ best interests are being served. We believe that a governance structure characterized by an engaged, qualified, and independent Board, operating within a well-defined leadership structure, best promotes the Board’s efforts to meet their responsibilities.

Our Corporate Governance Guidelines require that a majority of our Board members be independent under Nasdaq rules and applicable law, and only those Board members who have no material relationship with the Company are deemed independent. Further, our independent Board members operate under the leadership of a Lead Independent Director, who has well-defined responsibilities that support and facilitate the Board’s oversight obligations.

View Our Complete Governance Documents

Three Key Committees

CSWI has organized three committees to provide experienced and independent oversight for key aspects of our business and operations.

Audit Committee

Oversees risk management relating to financial reporting and public disclosure and legal and regulatory compliance, and reviews and discusses the process by which the Board and its committees oversees senior management’s Enterprise Risk Management program.

Compensation and Talent Development Committee

Oversees risk management relating to executive compensation, organizational design and leadership succession planning.

Nominating/Corporate Governance Committee

Oversees risk management relating to director independence and corporate governance, as well as risk related to the Company’s Environmental, Social and Governance program.

Read More About Our Committtees

7
Directors
4.6
Average Years of Independent Director Tenure
29%
Female Directors on the Board

Team Member Code of Conduct

Our Company values provide the framework.

Our comprehensive code of conduct defines the standards for how we do business. It reflects our commitment to conducting operations around the world according to the highest ethical standards. It applies to all team members of CSWI and its subsidiaries, regardless of where in the world the team member is located.

Accountability

Citizenship

Teamwork

Respect

Integrity

Stewardship

Excellence

Ethics

At CSWI, maintaining ethical standards is job one. Our code of conduct helps team members to assess the right answer to ethical questions that may arise. We also highly encourage team members to report any violation of law, code of conduct, or Company policy.

Team members have multiple ways to report concerns or incidents, including to consult with their supervisors or Human Resources representatives.

The CSWI Ethics Hotline is also available globally, year-round and 24 hours a day, which can be accessed via a website or toll-free telephone number.

Visit Ethics Website

Diversity & Inclusion

We create, nurture, and sustain an inclusive and diverse environment that attracts and retains the highest caliber employees, leveraging their skills and expertise to serve our customers. We are dedicated to attracting and developing individuals of all backgrounds, and making CSWI a place where everyone can contribute and grow. We believe that diversity not only inspires our internal team, but also drives customer insight and service.

Our core value of respect requires that we treat each and every person with dignity, because we believe in the intrinsic value of each individual. It also requires that we operate in an environment where everyone has an equal opportunity in all hiring, promotion, and compensation matters. In addition, we believe that CSWI will be a stronger and more successful business if we embrace diversity and inclusion because we can benefit from varying opinions, perspectives, and life experiences. Managers and leaders are expected to reinforce our values through their actions, thereby serving as role models in creating a work environment that is welcoming and safe while providing an equal opportunity for all to succeed as a member of our team.

Read Our Complete Code of Conduct

8,500+
Annual Training Hours
86%
Independent Directors on the Board
29%
Women Directors on the Board

Environment

Responsible operations begin with environmental stewardship and team member health and safety.

At CSWI, we are focused on responsible operations intended to keep our team members safe, minimize our impact to the environment and our communities, and use a forward-looking approach to making our product lines increasingly renewable and eco-friendly. We are working to monitor energy and water usage, as well as waste generation, with the goal of increasing our efficiency and reducing our environmental footprint.