Garmin Ltd 2023 SR
The report highlights Garmin's commitment to sustainability through its five strategic pillars: People, Products, Operations, Growth, and Sustainability. In 2023, the company achieved significant financial success with $5.23 billion in revenue while expanding its global workforce to approximately 19,900 employees. Key environmental milestones include reducing emissions by over 26,000 metric tons of CO2e through renewable energy and recycling 5,000 metric tons of materials. The report also showcases product innovations like solar-charging wearables and the first dive watch made from recycled ocean-bound plastics. Furthermore, Garmin emphasizes its vertically integrated business model and investments in STEM initiatives to foster a diverse and inclusive workplace.
Company: Garmin Ltd
Sector: Manufacturing
Country: Switzerland
Year: 2023
Type: SR
Pages: 22
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Garmin Ltd
Corporate Impact Report
The report highlights Garmin's commitment to sustainability through its five strategic pillars: People, Products, Operations, Growth, and Sustainability. In 2023, the company achieved significant financial success with $5.23 billion in revenue while expanding its global workforce to approximately 19,900 employees. Key environmental milestones include reducing emissions by over 26,000 metric tons of CO2e through renewable energy and recycling 5,000 metric tons of materials. The report also showcases product innovations like solar-charging wearables and the first dive watch made from recycled ocean-bound plastics. Furthermore, Garmin emphasizes its vertically integrated business model and investments in STEM initiatives to foster a diverse and inclusive workplace.
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Document Details
Report Year
2023
Reporting Period
2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees