Corporate Sustainability
Responsibly fulfilling our commitments.
We care about our team members, the communities in which we operate, and environmental stewardship. Our leadership team is guided by an experienced, diverse and independent Board of Directors whose expertise amplifies our vision and character to continually raise our standards and do more.
Social
Diversity & Inclusion
A commitment to diversity, inclusion, and respect.
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 engagement 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. This means that we should operate in an environment where everyone has an equal opportunity in all hiring, promotion, and compensation matters. In addition, we believe that embracing diversity will make CSWI a stronger and more successful business 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. All of these objectives are reflected in our Code of Conduct.
Read Our Complete Code of Conduct View Our Human Rights Policy
TRIR
A dedication to continued safety improvement.
Our team continues to make meaningful safety improvements, decreasing our Total Recordable Incident Rate from 3.2 in 2020 to 1.8 as of September 30, 2022. Our goal remains a zero-incident workplace and we are committed to employee training, development and well-being with 8,400 annual hours of training and professional development.
View Our Environmental, Health & Safety Policy View ISO Certificates
Safety
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.
Total Recordable Incident Rate Decreased from 3.2 in 2020 to 1.8 as of September 30, 2022.
Code of Conduct
We hold the highest of standards.
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, embodying our core value of Excellence and including our commitment to developing and sustaining a "safety-first" culture. It applies to all team members of CSWI and its subsidiaries, regardless of their location.
Our Values
Our Company values provide the framework.
Accountability
Citizenship
Teamwork
Respect
Integrity
Stewardship
Excellence
Community
Better together: In our businesses. In our communities.
CSWI also fosters a sense of community throughout our companies. Each location 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.
Here are shining examples of our operating companies in action:
RectorSeal organizes and participates in several community initiatives. The Back-to-School backpack drive is supported by employees who donate backpacks and school supplies for in-need employees’ families. Employees also support DePelchin Children’s Center with donations of school supplies and holiday gifts. In 2020, RectorSeal employees across all locations donated an estimated 916 pounds of food to the Houston Food Bank Food Drive 2020. RectorSeal also supported the Houston area by donating money and PTO during Hurricane Harvey and other recent storms. Employees help each other as well. They donated PTO to a fellow employee who had to stay home for several months after her daughter was injured in a car accident. She never missed a paycheck.
Born and based in Boise, Idaho, Smoke Guard has deep roots in the community. The team calendar is filled with philanthropic events and drives, including support for Women’s & Children’s Alliance, local and national food banks, United Way, and Treats for Troops. Smoke Guard participates in local charitable fitness events throughout the year as a team, fostering unity and health for a cause.
In our daily operations, Balco takes safety seriously. The well-being of our team members as we produce our building products is our top priority. At the same time, Balco prides itself on creating products for contractors and their customers which meet safety code requirements in a beautiful way. Outside of the office, Balco strives to be an exemplary member of our local community. Balco is a member of the Wichita Chamber of Commerce, and our team members are major supporters of food and toy collection drives, United Way campaigns, and American Red Cross blood drives.
Greco supports its community through job training and opportunities. Career discovery is provided for entry level positions in manufacturing, and local manufacturers are invited to “lunch and learns” about Greco’s business. Students are instructor-lead through various trainings such as drilling, taping, grinding, and finishing of aluminum, electrical applications, and woodworking, and job opportunities are offered to individuals within Greco’s branches.
Social responsibility is an important focus for Whitmore. The company consistently seeks to raise the bar with improved physical and occupational health programs, as well as a greater understanding of our social and economic impact on our community. Efforts and initiatives to give back to the community are organized through Whitmore Cares.
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Caring for others and our own: RectorSeal
RectorSeal organizes and participates in several community initiatives. The Back-to-School backpack drive is supported by employees who donate backpacks and school supplies for in-need employees’ families. Employees also support DePelchin Children’s Center with donations of school supplies and holiday gifts. In 2020, RectorSeal employees across all locations donated an estimated 916 pounds of food to the Houston Food Bank Food Drive 2020. RectorSeal also supported the Houston area by donating money and PTO during Hurricane Harvey and other recent storms. Employees help each other as well. They donated PTO to a fellow employee who had to stay home for several months after her daughter was injured in a car accident. She never missed a paycheck.
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Always active and giving: Smoke Guard
Born and based in Boise, Idaho, Smoke Guard has deep roots in the community. The team calendar is filled with philanthropic events and drives, including support for Women’s & Children’s Alliance, local and national food banks, United Way, and Treats for Troops. Smoke Guard participates in local charitable fitness events throughout the year as a team, fostering unity and health for a cause.
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Well-being for all: Balco
In our daily operations, Balco takes safety seriously. The well-being of our team members as we produce our building products is our top priority. At the same time, Balco prides itself on creating products for contractors and their customers which meet safety code requirements in a beautiful way. Outside of the office, Balco strives to be an exemplary member of our local community. Balco is a member of the Wichita Chamber of Commerce, and our team members are major supporters of food and toy collection drives, United Way campaigns, and American Red Cross blood drives.
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Training and opportunity: Greco
Greco supports its community through job training and opportunities. Career discovery is provided for entry level positions in manufacturing, and local manufacturers are invited to “lunch and learns” about Greco’s business. Students are instructor-lead through various trainings such as drilling, taping, grinding, and finishing of aluminum, electrical applications, and woodworking, and job opportunities are offered to individuals within Greco’s branches.
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Doing more every day: Whitmore
Social responsibility is an important focus for Whitmore. The company consistently seeks to raise the bar with improved physical and occupational health programs, as well as a greater understanding of our social and economic impact on our community. Efforts and initiatives to give back to the community are organized through Whitmore Cares.
Governance
Corporate Governance
Performing at the highest level, adhering to the highest standards.
Sound governance practices are foundational to any high-performing organization. At CSWI, our practices demonstrate our commitment to thoughtful governance that helps the Company effectively manage enterprise risks and ultimately preserve and drive long-term shareholder value. A complete Corporate Governance section exists within the Investors section of our website.
Read More About Corporate Governance
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.
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 and 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.
Ethics
Ethics first, always.
At CSWI, maintaining ethical standards is job one. Our Code of Conduct helps team members assess the right answer to ethical questions that may arise. In addition to receiving digital and printed copies of the Code of Conduct, every CSWI team member must conduct a 90-minute digital training session on an annual basis. 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, 24 hours a day, year-round, and it can be accessed via a website or toll-free telephone number.
Environment
Stewardship, Health & Safety
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.
View Our Environmental, Health & Safety Policy ISO Certifications
Here are some inspiring examples:
RectorSeal offers a number of safety and eco-related solutions. Novent Refrigerant Caps protect children from the dangers of inhalation, while accredited Firestop Solution products help to protect everyone by ensuring building safety. In addition, most of our Thread Sealants and Solvent Cements are NSF-certified, meeting public health standards and certifications programs that help protect the world’s food, water, consumer products and environment.
TRUaire, a leading HVAC manufacturer of high-quality, affordable residential and commercial grilles, registers, and diffusers strives to use recycled plastic material for all plastic products.
As a manufacturer of life safety products for the constructed environment, Smoke Guard is dedicated to supporting LEED buildings and the American Institute of Architecture’s commitment to the 2030 Challenge to prioritizing energy performance. Our innovative, low-energy requirement, space-saving, smoke and fire-rated opening protectives enable designers to use less material to achieve design goals and achieve code compliance.
Greco, a leading manufacturer of corrosion-resistant aluminum, stainless steel, and glass railing systems that meet the desired aesthetics, performance and requirements of any building, invested in a state-of-the-art filter system for their waterjet to eliminate waste water, and instead recycle water used for continued operations.
A primary focus for Whitmore is to reduce its environmental impact in multiple ways, including lowering energy consumption and trash generation, increasing global conservation, and reducing its carbon footprint. Whitmore strives to protect land and water by strictly adhering to air and water quality standards and complying with GHS (Global Harmonized System). With the help of technology and a continuing investment in research and development, Whitmore is also working to create renewable and eco-friendly products.
As environmental requirements become more stringent, Jet-Lube will continue to lead the way with environmentally responsible products that offer the greatest protection for our customers’ equipment and company. Our line of environmentally safe products are free of heavy metals and feature an alkaline tolerant thickener system and patented extreme pressure anti-wear composition.
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Innovation in action: RectorSeal
RectorSeal offers a number of safety and eco-related solutions. Novent Refrigerant Caps protect children from the dangers of inhalation, while accredited Firestop Solution products help to protect everyone by ensuring building safety. In addition, most of our Thread Sealants and Solvent Cements are NSF-certified, meeting public health standards and certifications programs that help protect the world’s food, water, consumer products and environment.
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Recycling and reusing: TRUaire
TRUaire, a leading HVAC manufacturer of high-quality, affordable residential and commercial grilles, registers, and diffusers strives to use recycled plastic material for all plastic products.
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Meeting the challenge: Smoke Guard
As a manufacturer of life safety products for the constructed environment, Smoke Guard is dedicated to supporting LEED buildings and the American Institute of Architecture’s commitment to the 2030 Challenge to prioritizing energy performance. Our innovative, low-energy requirement, space-saving, smoke and fire-rated opening protectives enable designers to use less material to achieve design goals and achieve code compliance.
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Water conservation: Greco
Greco, a leading manufacturer of corrosion-resistant aluminum, stainless steel, and glass railing systems that meet the desired aesthetics, performance and requirements of any building, invested in a state-of-the-art filter system for their waterjet to eliminate waste water, and instead recycle water used for continued operations.
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Investing for tomorrow: Whitmore
A primary focus for Whitmore is to reduce its environmental impact in multiple ways, including lowering energy consumption and trash generation, increasing global conservation, and reducing its carbon footprint. Whitmore strives to protect land and water by strictly adhering to air and water quality standards and complying with GHS (Global Harmonized System). With the help of technology and a continuing investment in research and development, Whitmore is also working to create renewable and eco-friendly products.
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Leading the way: Jet-Lube
As environmental requirements become more stringent, Jet-Lube will continue to lead the way with environmentally responsible products that offer the greatest protection for our customers’ equipment and company. Our line of environmentally safe products are free of heavy metals and feature an alkaline tolerant thickener system and patented extreme pressure anti-wear composition.