Meeting Sustainability Goals Through Ingenuity


 

We Build, Connect, Power, and Protect the World

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.

2023 Highlights

Person with award icon

Named one of Fortune’s World’s Most Admired Companies

Global employer icon

Named one of America’s Best Large Employers by Forbes

Donation Icon

Donated more than $671,050 to Habitat for Humanity and $241,720 to the American Red Cross

Solar panel modules

Helped customers avoid over 53,600 metric tons of CO2 emissions through renewable energy projects



"Wesco met or exceeded our 2022 sustainability goals and set new targets for 2030. Our journey toward sustainability is ongoing, and we remain committed to continuous improvement. We recognize that collaboration is key to success, and we are actively engaging with our stakeholders to learn, share best practices, and drive collective action."

— John Engel, Chairman, President, and CEO



Wesco Company Profile


20K

Employees

50K+

Suppliers

150K

Customers Globally

$22.4B

Record-Setting 2023 Sales




Sustainability

Committed to Operating Responsibly

Our approach to sustainability is focused on minimizing our own environmental impact and empowering our partners to make sustainable choices. In 2023, we continued to work to fulfill our ambitious sustainability goals for 2030.

2030 Goals:
  • Reduce landfill waste intensity by 15% across our U.S. and Canadian locations from a 2020 baseline.
  • Provide 425,000 hours of safety training and development to our employees by 2030.
  • Reduce absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 30% from a 2021 baseline by 2030.
  • Achieve a 15% reduction in Total Recordable Incident Rate (TRIR).


2023 Sustainability Milestones


Wesco day of giving tree planting

Significantly expanded greenhouse gas (GHG) accounting efforts to cover 94% of global locations

Wesco solar engineer with clipboard

Completed 2800+ energy management projects, reducing over 53,600 metric tons of CO2 emissions

Wesco truck in loading dock

Improved truck fleet efficiency by 11.2% from 2022 to 2023 by implementing digital tools, training, and policy change




Environmental

Ensuring Continuous Improvement

Wesco is dedicated to improving our environmental management through setting, achieving, and striving toward new goals. Strong environmental management is an advantage for our business as we implement new practices to reduce our impacts, benefiting our customers and the communities in which we operate. We track data at the local and global level and review performance regularly to reduce our environmental impact.



Energy, Water, Waste, and Emissions


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Energy

New building leases now include energy efficiency requirements. In buildings we own, various energy efficiency initiatives are in place.

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Water

Water usage is tracked at our locations to ensure responsible consumption. We use a third party system to alert us of abnormally high water usage and to identify leaks or excessive usage.

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Waste

We continually work to find opportunities to reduce waste streams by applying Lean principles. Our locations have access to lighting and electronic waste recycling services offered by third-party vendors.

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Emissions

In 2023 we expanded our GHG accounting efforts to cover 94% of our global locations. Despite a 7% increase in our total square footage, GHG emissions were decreased by 1%.



Global Efforts for Waste Reduction

Wesco team members from across the globe are making changes to reduce waste.

 


Recycling bins at Wesco Chile office

Chile

Employees recycled paper nationwide with the proceeds from the effort going to a foundation to help children in need of baby bottles.


Woman recycling cardboard

United Kingdom

Employees recycled 113 tons of paper, cardboard, steel, plastic, wood, and other mixed recyclables.


Our Team Members are Committed to Reducing Waste

A team of Wesco associates recognized a waste reduction opportunity to digitize reports that were previously printed automatically across 300 locations. The team worked together and found an existing software platform that digitally stored the reports which resulted in zero printing and making the information within the reports much easier to find. Prior to this solution, the reports used 10,000 reams or 25 tons of paper per year. Other savings include printer cartridges, decreased printer maintenance, and labor costs.

Results: Eliminated 476,875 gallons of wastewater and 56,950 lbs. of solid waste associated with the production of 25 tons of paper.

Cost savings: Estimated $830K annually

Man and woman using laptop in office



Social

Our People Are Our Greatest Asset

We are dedicated to offering enriching growth experiences that foster both career and personal development, empowering our employees to make a lasting impact not only within our organization but also in the communities where we live and operate.


 


Wesco employees in Orlando warehouse

Strengthened by Diversity

At Wesco, we believe that our dedication to diversity—the many different things we individually and collectively bring to work each day— contributes to building a stronger workforce and a better company at all levels.

55

US Employee Diversity in Terms of Gender and Ethnicity



Employee Engagement

In 2023, we launched a more formal annual employee engagement survey. Key highlights from the survey include:

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Ethical Conduct

86% of respondents indicated we have a strong commitment to ethical business decisions and conduct.

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Health and Safety

83% of respondents rated safety and our physical working conditions as favorable.

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Manager Effectiveness

81% of our employees have a positive relationship with their manager and feel that they are supportive, respectful, fair and competent.



Business Resource Groups (BRGs)

Wesco’s BRGs exist to support a culture of inclusion where employees can thrive and strengthen our culture by offering different perspectives, styles, thoughts, and ideas, all focused on improving the business and better serving our global customers. These groups are offered globally and are open to all employees regardless of any aspect of their personal identity.


ABLE Logo

Employees with disabilities and allies


MOSAIC Logo

Black, Latino, Indigenous, people of color, employees, and allies


PRIDE Logo

Equitable empowerment of the LGBTQ+ community and allies and promotes a safe, friendly environment for all


SPARK Logo

Employees in their early careers, allies, and wider stakeholders that empower the expansion of professional horizons


VOLT Logo

The engagement of active military employees, veterans, and allies


WIN Logo

Women in our organization and industry allies




Wesco Cares

Corporate giving and employee volunteerism are a part of the vibrant Wesco experience. Employees are actively engaged in local communities through fundraising, volunteering, contributing products, and performing advocacy to address local needs.

Group of Wesco Cares employees at NC Habitat build

Key Contributions From Wesco Cares in 2023

  • Between employee donations and company matches, we donated over $205,000 impacting 220 different charities in 2023
  • More than $671,050 in donations toward our partnership with Habitat for Humanity
  • A combined $241,720 to the American Red Cross to support relief for the earthquakes in Türkiye/Syria/Morocco, wildfires in Hawaii, and conflict in the Middle East

Habitat for Humanity Wesco Cares NC Group

2023 Jimmy and Rosalynn Carter Work Project

Wesco sponsored the 2023 Jimmy and Rosalynn Carter Work Project with Habitat for Humanity. Over five days, future homeowners worked alongside hundreds of volunteers from around the world to build 27 single-family homes in Charlotte, NC.


2023 Jimmy and Rosalynn Carter Work Project

Wesco sponsored the 2023 Jimmy and Rosalynn Carter Work Project with Habitat for Humanity. Over five days, future homeowners worked alongside hundreds of volunteers from around the world to build 27 single-family homes in Charlotte, NC.




Economic

Delivering Ingenuity to a Dynamic Market

Our programs, services, and solutions are designed for the dynamic and flourishing renewables market. Whether the focus is residential, commercial, or utility-scale, Wesco offers supply chain solutions supported by a leading product portfolio and expertise that is current with evolving market demands. Our solutions are scalable and adaptable to respond quickly and meet the needs of the industries we serve.



Supplier Diversity

At Wesco, we are dedicated to building a diverse and inclusive culture and are choosing business partners who share our values. In 2023, we invested in a strategic partnership with a recognized third party to implement a supply chain management tool that identifies and connects us with diverse suppliers using a third party to confirm certifications. This tool provides line of sight to the supplier business profile and has enhanced our diverse supplier spending reporting.


Wesco warehouse employees working with cables

Diverse Suppliers:*  Minority-, Women-, Aboriginal-, People with Disabilities-, LGBTQ, Veteran- and Service-Disabled Veteran-Owned businesses.

  • 2023 Diverse suppliers: 2,424
  • 2023 Diverse supplier spend: $370M
  • 2023 Diversity Alliance Network sales: $240M


*All self and third-party certified minority, women, veteran, disabled, disadvantaged, 8(a), HUBZone, LGBTQ, Aboriginal and diverse small business enterprises validated through third-party organizations.



Wesco 2023 Energy Solutions Projects Summary



2,855
Projects Completed


74 Million
Sq. ft. of Space Audited


$4 Million
Rebates Back to Customers



84 Million
kWh in Potential Customer Energy Savings


53,600+
Metric Tons of CO2 Emissions Reduced


$13 Million
Estimated Client Energy and Maintenance Savings




Governance

A Culture of Compliance

Wesco is firmly committed to operating with the highest levels of ethics and integrity. The Wesco Code of Business Conduct is the foundation of our ethics and compliance program, setting forth standards and guidance for conducting business. In many cases, the Code requires higher standards of ethical conduct than what is required by law.



Board Demographic Highlights


60%

Diverse directors in terms of gender, race, or ethnicity

30%

Female directors

40%

Directors with diversity in terms of race

100%

Audit, compensation, and nominating and governance committee independence




Learn How Wesco is Helping to Build a Sustainable Future