Crane is founded upon the principles of equality, honesty, fairness, and justice, which are clearly core to the R.T. Crane Resolution. This strong foundation has enabled our inclusive and high-performance culture that we are proud of, and has been a critical driver of our long-term success. Our culture fosters trust and mutual respect at all levels of the organization, beginning with our Board of Directors and the senior management team. We believe that diversity of experiences, perspectives, and backgrounds ultimately brings better leadership, ideas, and stakeholder considerations to enhance growth in all respects. We seek a workforce that reflects the communities in which we operate and one that is as diverse as our businesses.
FEMALE REPRESENTATION BY REGION
(Against the global manufacturing industry benchmark of 29%)
(Non-white associates)
We believe that our focus on diversity and inclusion will enhance our culture, and build upon the great foundation we already have in place. Driven by the Crane Business System’s continuous improvement focus, we are always looking for ways to better put our values into action. Crane took a big step in this direction with the development and roll-out of our internal “Culture & Equality” training workshops for all associates in 2021. Rather than promoting an off-the-shelf commercially available solution, we developed our own training to emphasize and promote the best aspects of Crane’s culture, with a focus on how it is critical to attract and retain top talent. We believe that taking a customized, in-house approach to training, with all workshops led by Crane management rather than third parties, is critical to properly conveying the importance of this initiative.
The targeted outcomes for these workshops, which we believe we achieved successfully, were to:
49
DEI Workshops conducted since September 2021
1,400+
Associates (over 12%) participated in the training sessions
The workshops will continue throughout 2022 to ensure all global associates are properly informed and aware of this priority at Crane.