Wesco’s mission unites our global team to provide exceptional service and value to customers and our supplier partners, to continue to deliver superior returns to our stockholders, and to make lasting contributions to communities where we live and work. In 2022, we continued to work to fulfill our ambitious sustainability goals for 2030.
Named one of Fortune’s World’s Most Admired Companies
Named the Best Sustainable Supply Chain Strategy - U.S. by Capital Finance International
Celebrated our centennial by participating in 100 international projects with Habitat for Humanity
Helped our customers install solar products with more than 248 million kilowatt-hours of renewable energy generating potential
"2022 was a truly remarkable year, one in which we delivered record-setting financial performance while making progress to address the impact we are having on the planet and to help our customers and partners do the same."
- John Engel, Chairman, President, and CEO
20K
Employees
50K+
Suppliers
150K
Customers Globally
$21.4B
Record-Setting 2022 Sales
We have the unique opportunity to learn about new and innovative products and practices and share this knowledge with our customers and along the entire value chain. We design and provide solutions enabling our customers to:
Reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 30% from a 2021 baseline.
Reduce landfill waste intensity by 15% across our U.S. and Canadian locations from a 2020 baseline.
Achieve a 15% reduction in Total Recordable Incident Rate (TRIR).
Provide 425,000 hours of safety training and development to our employees.
In recognition of the many inclusion and diversity initiatives pursued, Wesco has received several awards for its efforts and achievements.
In 2022, the Inclusion and Diversity Council led the continued development of our five BRGs, engaging more than 2,200 employees across 40 countries at every level of the organization. These groups are offered globally and are open to all employees regardless of any aspect of their personal identity.
325 members in 13 countries
626 members in 24 countries
400 members in 18 countries
520 members in 16 countries
1,400 members in 40 countries
In 2022, we launched Wesco Cares, our new corporate philanthropy program focused on affordable housing and humanitarian aid. Wesco Cares provides for corporate charitable donations, employee volunteerism, and employee gift-matching.
Image credit: Jacques Durand
Image credit: Jacques Durand
We continually improve our environmental management by setting, meeting, and stretching toward new goals. Leveraging our learning into practices we adopt and then offering products and services to our customers.
We track data at the local and global level and review performance regularly to reduce our environmental impact in the following areas: energy, emissions, waste, and water.
The office maintains an urban garden where pesticide-free food is grown for the consumption of employees. Garden maintenance has also promoted teamwork and healthy eating.
Employees recycled paper nationwide with the proceeds from the effort going to a foundation to help children in need of baby bottles.
Our Chesterfield location supports several local and national charities including Chesterfield Food Bank, Macmillan Cancer Care, and Save the Children.
We recycled 237.5 tons of paper, cardboard, steel, plastic, wood, and other mixed recyclables.
Offices in Melbourne, Brisbane and Sydney have installed bins for recycling of e-waste, allowing for safe and easy disposal of electronics.
Offices recycled eight tons of paper, wood, metal and plastic in 2022. Recycling bins for plastic and cans were added at Singapore locations.
Energy
A majority of the energy we use is for lighting, heating and cooling our nearly 800 branches, warehouses, and sales offices in more than 50 countries around the world.
Water
We track water usage at each of our locations and use the data to identify unusual consumption patterns that could indicate undetected leaks or excessive usage that requires intervention.
Waste
In 2022, we developed regional relationships with recycling vendors that recycle non-traditional waste streams, specifically metal and wood.
Emissions
Many of the products we sell, such as solar systems and LED lighting, deliver or enable energy efficiency improvements.
We help our customers and suppliers reduce operating costs, and minimize environmental impacts through lighting efficiency, energy management, renewable energy, and green procurement. We continue to invest in emerging technologies and expand our capabilities to remain an innovative leader and a forward-thinking resource to our customers.
Our team hosted two Supplier Diversity Summits, a day of programming and networking to connect our diverse suppliers and resellers to our organizations. In 2022, we invited key customers to share their insights and experience with supplier diversity.
The Wesco Diversity Alliance program is a network of trusted and vetted third-party certified companies. Our internal experts provide one-on-one assistance to help member companies secure public and private spending designated for small and disadvantaged businesses, including access to available government work. In 2022 our Diversity Alliance Program supported sales totaling approximately $248 million.
Our Wesco government team annually hosts a networking event for the Government Partner Network (GPN) members and key Wesco suppliers. The event allows members to connect with Wesco suppliers to discuss and explore government opportunities.
In 2022, we engaged with approximately 1,550 supplier partners and approximately 2,750 customers through electronic data interchange (EDI). Using EDI with our suppliers and customers allows us to streamline the manual documents in the order-to-cash and procure-to-pay business cycles.
We promote an ethical culture across the organization and ensure that all Wesco directors, officers, employees, and third parties working on behalf of Wesco act and conduct business with the highest degree of honesty and integrity, comply with applicable laws, and adhere to company policies and procedures.
*As of October 16, 2023
60%
Diverse directors in terms of gender, race, or ethnicity
30%
Female directors
33%
Directors with diversity in terms of race
100%
Audit, compensation, and nominating and governance committee independence
Social
At Wesco, Our People Are Our Greatest Asset
The success of our company is driven by the strength of our team. We provide growth experiences for career and personal development and nurture a culture of giving back to our communities that attracts and retains diverse and highly-qualified employees to sustain a competitive advantage in our evolving marketplace.