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ModusLink® Unveils 2017 Corporate Sustainability Report Underscoring Commitment to Enabling Sustainable Supply Chain
WALTHAM, Mass. — June 6, 2018 — Today ModusLink Corporation, a wholly owned subsidiary of Steel Connect, Inc. (NASDAQ: STCN) and a leading global provider of digital and physical supply chain solutions, unveiled its 2017 Corporate Sustainability Report, highlighting the organization’s commitment to helping customers achieve sustainability goals by making sustainability a central component of our business strategy and offering environmentally responsible supply chain services to help shift the supply chain industry into a more sustainable, environmentally-friendly business unit.
Globally, the pressure has been on for corporations to better manage, and reduce, their environmental impact. ModusLink is dedicated to helping organizations meet their goals by offering solutions and services designed to enable global brands and companies to maximize operational efficiency while meeting sustainability goals and driving corporate responsibility programs.
In order to achieve the sustainable, cost-effective supply chain solutions that ModusLink prides itself on, the company weighs environmental concerns and impacts in its decision-making processes across all of its global facilities and works closely with vendors and partners to ensure they do the same, measuring both internally and externally against the Global Reporting Initiative (GRI) Standards framework. The company also works internally to offer innovative, sustainable solutions to customers, such as leading-edge reverse logistics and packaging services that allow organizations to extract maximum revenue from their products without sacrificing on environmental conscientiousness.
Key sustainability areas of focus for ModusLink include:
- Sustainable Fulfillment – ModusLink is committed to using sustainable sourcing practices and materials and does so by checking, evaluating and selecting suppliers against various criteria including labor practices, human rights and health and safety aspects to minimize social impact in the supply chain.
- Environmental Impact – ModusLink is dedicated to reducing the energy consumption and emissions outputs of its facilities, as well as reducing its consumption of water and production of effluents and waste. To achieve this, ModusLink follows ISO 14001 guidelines, with 14 of its 21 facilities certified under the standard.
“When evaluating a supply chain partner, we aim to ensure shared values and strong commitments to managing a responsible supply chain,” said Justin Murrill, Head of Corporate Responsibility at AMD. “ModusLink’s 2017 Corporate Sustainability Report embodies a world-class approach to providing efficient, transparent and customer-centric supply chain solutions.”
To learn more, download the full report here.
About ModusLink Corporation
Steel Connect, Inc. is a publicly-traded diversified holding company (Nasdaq Global Select Market symbol “STCN”) with two wholly-owned subsidiaries – ModusLink Corporation and IWCO Direct – that have market-leading positions in supply chain management and direct marketing.
ModusLink Corporation provides digital and physical supply chain solutions to many of the world’s leading brands across a diverse range of industries, including consumer electronics, telecommunications, computing and storage, software and content, consumer packaged goods, medical devices, retail and luxury and connected devices. With a global footprint spanning North America, Europe and the Asia Pacific, the Company’s solutions and services are designed to improve end-to-end supply chains in order to drive growth, lower costs, and improve profitability.
IWCO Direct is a leading provider of data-driven marketing solutions that help clients drive response across all marketing channels to create new and more loyal customers. It is the largest direct mail production provider in North America, with a full range of services including strategy, creative, and production for multichannel marketing campaigns, along with one of the industry’s most sophisticated postal logistics strategies for direct mail.