Kennametal Earns Spot on Newsweek’s Most Responsible Companies for 2025
Kennametal Inc., a leader in industrial technology, has achieved a remarkable milestone by being named one of America’s Most Responsible Companies for 2025 according to Newsweek. This recognition marks the fourth consecutive year that Kennametal has made this prestigious list. The selection process evaluates companies based on a comprehensive approach to corporate responsibility, particularly focusing on Environmental, Social, and Governance (ESG) criteria.
Sanjay Chowbey, the President and CEO of Kennametal, expressed gratitude towards the global team, stating, "I want to thank our team around the world who is working every day to help our customers in the most efficient and effective way across all aspects of our business." Chowbey highlighted the core principle behind the company’s strategy, which is founded on continuous improvement, aiming towards a sustainable future for all stakeholders involved.
The recognition comes from Newsweek's collaboration with Statista, a renowned statistics portal and provider of industry rankings. This year, the list recognized 600 U.S. companies for their dedication to creating a positive impact on the world. By maintaining high standards in corporate responsibility, these companies set benchmarks in accountability and ethical practices.
Kennametal, with an impressive history exceeding 85 years, has been at the forefront of providing materials science, tooling solutions, and wear-resistant technologies. The company caters to diverse sectors, including aerospace, defense, energy, and transportation, enabling clients to operate efficiently and effectively.
In fiscal 2024, Kennametal reported revenues around $2 billion, underlining its significant role in the industrial landscape. With approximately 8,400 employees in nearly 100 countries, Kennametal strives to maintain competitiveness and reliability in its offerings.
The company's commitment to sustainability and responsible practices is most evident in its transparency, as noted in its corporate responsibility reports. By continuously evaluating and improving business practices, Kennametal not only enhances its operational efficiency but also contributes to global sustainability efforts.
Furthermore, Kennametal extends its outreach through various platforms, engaging with its audience on Instagram, Facebook, LinkedIn, and YouTube. This digital presence allows Kennametal to share insights into its innovative solutions while championing responsible corporate practices.
As the company looks to the future, the focus on environmental stewardship and social accountability remains integral to its operations. Recognition by Newsweek serves not just as an award but also as motivation for Kennametal to continue leading by example in corporate responsibility, ensuring that all stakeholders benefit from its growth and sustainability initiatives.
This acknowledgment from Newsweek underscores the importance of corporate governance and the environment in modern business. In a time where consumers are increasingly considering the ethical stance of companies, Kennametal's commitment to excellence and responsibility positions it as a role model in the industry. The corporate landscape continues to evolve, and Kennametal is poised to adapt to the challenges of sustainability and corporate governance as it moves forward into 2025 and beyond.