The Manitowoc Company, Inc. of Milwaukee, Wisconsin—a leading global manufacturer of cranes and lifting solutions—has been named one of America’s Most Responsible Companies by Newsweek.
This prestigious award is presented by Newsweek and Statista Inc., a statistics portal and industry-ranking provider.
Aaron H. Ravenscroft, the President and Chief Executive Officer of The Manitowoc Company said, “Our mission to build the infrastructure of tomorrow and the communities of future generations starts with sustainability. We’re delighted to be recognized by Newsweek as one of ‘America’s Most Responsible Companies 2023.’ This is a great reflection of Manitowoc’s commitment to ESG.”
ESG aka Environmental, Social, and Governance (ESG) is a set of standards that socially-conscious investors use to screen investments, as well as to measure the company’s standards.
Companies chosen for this award were selected based on publicly available key performance indicators (KPIs) derived from Corporate Social Responsibility, Sustainability, and other reports, plus an independent, qualitative survey. The KPIs focused on company performance in the environmental, social, and corporate governance areas, while the independent survey asked US citizens about their perception of company activities related to corporate social responsibility.
Founded in 1901, The Manitowoc Company is one of the world's leading providers of engineered lifting solutions. Via its wholly-owned subsidiaries, it designs, manufactures, markets, and supports comprehensive product lines of mobile hydraulic cranes, lattice-boom crawler cranes, boom trucks, and tower cranes under the Aspen Equipment, Grove, Manitowoc, MGX Equipment Services, National Crane, Potain, and Shuttlelift brand names. For more information on the company’s ESG efforts: https://ir.manitowoc.com/esg/Sustainability-at-Manitowoc/default.aspx