1. Elkay’s Values are at
the heart of our culture
culture.
We are in business forever. Knowledge empowers.
because
We all have the responsibility to leave the
business stronger than when we started.
Information sharing builds trust and
confidence and leads to better decision
…
Continuous improvement is necessary for making. Effective communication is
growth and continued future success
success. absolutely necessary to manage our business
and satisfy the needs of our employees and
business partners.
Making a p
g profit is
an honorable endeavor. Our word is our bond.
Profit is a necessary ingredient for a successful We honor our commitments to our customers,
relationship with our business partners. All of the
partners employees, and suppliers, and the
partners (customers, suppliers, employees and communities in which we live and work. The
shareholders) must benefit in their own way to key ingredients in all of our commitments is
foster a lasting relationship
relationship. integrity and trust.
We value quality in all we do.
q y Ou s e g
Our strength
Quality is seen in our products, our processes , in is in our people.
how we communicate and in our relationships
People are the foundation of our company.
with each other, our business partners and our
Our
O people are valued as iindividuals and
l l d di id l d
families. Quality is the personal responsibility of
treated with respect, dignity and fairness. We
each employee.
expect the highest levels of performance
and integrity from our people and we strive
to create opportunities for them to develop
and reach their full potential.
about our people.
about ethics and values.
about the environment.
about our community.
y
about the future.
2. because
about being a good corporate citizen…
When you run your business
for so long, putting Values
at the heart of your
decisions, social
responsibility and
good citizenship become
cultural by-products. Elkay
tends to attract people
who find our Values
compelling. And once
on board, operating in a
culture that stresses doing
g
the right thing, they
ultimately d right b the
lti t l do i ht by th
larger world. As a result, our
company track record,
when viewed from the lens
h i df th l
of “Good Corporate
Citizenship” is something we
can all be proud of
of.
3. because
about Ethics and Values.
"Our word is our bond.“
"Making a profit is an honorable endeavor."
Making a profit is an honorable endeavor.
These values lie at the heart of our culture.
They were crafted many years ago by thoughtful leaders –
They were crafted many years ago by thoughtful leaders –
deeply committed to doing the right thing.
Today, they remain the cornerstone of the business –
Today they remain the cornerstone of the business
an enterprise capable of "being in business forever".
Employees review and acknowledge our Code of Conduct
l d k l d d f d
on a regular basis. Acknowledging the Code, we commit to doing
business in compliance with all legal requirements and the highest
p g q g
possible standards of integrity and ethical conduct. Employees are
given insights and an ethical framework to make informed decisions.
Elkay's Code of Conduct leads naturally to best business practices
that govern how Elkay manages complex issues
in the countries where we do business.
4. because
about our People.
ENGAGEMENT ‐‐ Elkay strives to fully engage our teams in their
work. Through engagement, the individual, the team, and the company as
a whole win. Leaders focus on removing obstacles that might stop
employees from feeling fully engaged, reaching their personal best...and
p y f f gf y g g , g p
achieving our common goals.
SAFETY PROGRAMS ‐‐ We’re committed to providing an
environment where employees are safe, well prepared to handle safety
issues, and actively looking out for each other – so employees go home to
their loved ones in the same condition as when they arrived.
WORK/LIFE BALANCE ‐‐ Being family‐owned and operated, we’ve
got a deep appreciation for the importance of a healthy home life.
Employees report a real sense of family and closeness here ‐‐ and that they
Employees report a real sense of family and closeness here and that they
can leave behind work‐related challenges when they return home.
TOTAL COMPENSATION/BENEFITS ‐‐ Competitive
/
compensation and benefits help us attract the most talented people. We're
proud these offerings are consistently rated favorably by employees.
WELLNESS PROGRAMS ‐‐
WELLNESS PROGRAMS most companies offer health benefits,
and Elkay is no exception. And our wellness programs go beyond health
benefits that address illness once it occurs, by informing and engaging
employees in upfront wellness planning and taking proactive steps to stop
health issues in their tracks.
EMPLOYMENT POLICIES ‐‐ Fairness. Open communication. Access
EMPLOYMENT POLICIES ‐‐ Fairness Open communication Access
to leaders. Knowing your voice is heard. These aspects of our employment
experience help people build a successful career with Elkay. Our
employment policies protect employees from harm and ensure the
employment policies protect employees from harm and ensure the
interests of the company are served…working together we live up to our
Value that "We are in Business Forever.".
EMPLOYEE DEVELOPMENT ‐‐ Elkay strives to make each
employee’s experience one centered around growth and engagement. We
p f p p p p y
believe professional development is a partnership between employees and
our leaders. Through formal performance and talent management, we
provide a vehicle by which those conversations happen regularly. We offer
a variety of activities, project work and training to help our team members
a variety of activities project work and training to help our team members
chart a course for success.
5. because about our Planet.
When it comes to measuring environmental practices, one common method
is to ask whether a company complies with all environmental regulations
governing their industry. While compliance is considered by some a
i h i i d Whil li i id d b
low threshold, voluntary compliance and operating well within state standards
remains an objective way to assess a company's environmental performance.
We pride ourselves in our clean operations
that stay within the regulatory standards
wherever we operate.
We achieve this by ensuring our environmental, safety, risk and regulatory
teams are current on the latest regulations, and empowered to change
h l l i d d h
our operations based on new or emerging standards
and best practices in our industries.
POLLUTION PREVENTION
AND MINIMIZING ENVIRONMENTAL HARM.
We strive to improve operations and lessen our environmental impact,
embracing new methods to eliminate and reduce emissions
while minimizing waste & operating costs.
while minimizing waste & operating costs
SUSTAINABLE USE AND DISPOSAL
OF MANUFACTURING WASTE
OF MANUFACTURING WASTE
Manufacturing operations create waste. While Elkay is no exception, we’re
committed to eliminating waste at the source, and finding creative ways to
ensure operating by‐products do not wind up in landfills. Raw materials not
fully utilized in manufacturing are recycled. Finished goods not deemed
suitable for shipment to customers due to minor blemishes in the finish, etc.
suitable for shipment to customers due to minor blemishes in the finish, etc.
are donated to local charities. Equipment at the end of its lifecycle is sold to
local dealers to be refurbished, repurposed or recycled.
PRODUCTS THAT PROTECT OUR PLANET
Products like Elkay's EZH2O helps reduce the number of plastic water bottles
that go into landfills. Every EZH2O installed in a school, gym, park,
h l df ll ll d h l k
or public building has an exponential impact on our planet, eliminating
thousands of plastic water bottles from the waste stream.
GREEN OFFICE PRACTICES
From recycling to efficient lighting, we seek to reduce costs
and lower our impact on the planet.
6. about our Communities.
abo t o r Comm nities
VOLUNTEER TIME OFF
Elkay employees receive 2 paid days off per year to volunteer
locally. While up to 8 hours can be spent at a qualifying charity of
the employee s choice, the second day off should be at a
the employee’s choice the second day off should be at a
company‐sponsored event. In addition to benefiting the
community and the charity, company‐sponsored volunteer events
provide an enjoyable team‐building experience.
CHARITABLE GIVING
Employees can participate in the ELKAYcares charitable giving
program. Through this company‐matched, payroll‐deducted
giving campaign, employees donate to a wide array of charities
giving campaign employees donate to a wide array of charities
because focused on health, environmental protection, animal welfare,
clean water, affordable housing, veterans issues, and supporting
those in need.
7. because
about the Future.
"We are in business forever" is often
considered the most important of
p f
Elkay's values. It serves as a litmus
test for new strategies, policies and
practices. Will pursuing this idea help
Elkay achieve our vision of being in
business forever? If the answer is no,
f f ,
more often than not, the proposed
direction is not pursued.
This value requires Elkay's leaders to
take planning for the long term very
seriously. Whether adjusting our
business strategies and structure to
align with our near‐term mission and
align with our near‐term mission and
long‐term vision, ensuring that our
culture empowers our people,
inspiring innovative and problem‐
solving to take us in the direction we
need to go, or putting board members
need to go or putting board members
and succession plans in place to
ensure our longevity, stability and well
being, the company values, vision and
mission are never out of sight.
8. Elkay’s Values are at
the heart of our culture
culture.
We are in business forever. Knowledge empowers.
because
We all have the responsibility to leave the
business stronger than when we started.
Information sharing builds trust and
confidence and leads to better decision
…
Continuous improvement is necessary for making. Effective communication is
growth and continued future success
success. absolutely necessary to manage our business
and satisfy the needs of our employees and
business partners.
Making a p
g profit is
an honorable endeavor. Our word is our bond.
Profit is a necessary ingredient for a successful We honor our commitments to our customers,
relationship with our business partners. All of the
partners employees, and suppliers, and the
partners (customers, suppliers, employees and communities in which we live and work.
shareholders) must benefit in their own way to The key ingredients in all of our commitments
foster a lasting relationship
relationship. are integrity and trust.
We value quality in all we do.
q y Ou s e g
Our strength
Quality is seen in our products, our processes , in is in our people.
how we communicate and in our relationships
People are the foundation of our company.
with each other, our business partners and our
Our
O people are valued as iindividuals and
l l d di id l d
families. Quality is the personal responsibility of
treated with respect, dignity and fairness.
each employee.
We expect the highest levels of performance
and integrity from our people and we strive
to create opportunities for them to develop
and reach their full potential.
about our people.
about ethics and values.
about the environment.
about our community.
y
about the future.