Equality

Crane Company was founded on the timeless principles of equality, honesty, and fairness – values enshrined in the R.T. Crane resolution. These guiding principles have shaped our identity and provided a strong foundation for the inclusive and high-performance culture we proudly uphold today.

At the heart of our culture is a commitment to trust and mutual respect, which extends to every level of the Company – from our Board of Directors and senior management to our associates around the world. We firmly believe that diversity of experiences, perspectives, and backgrounds strengthens our Company, leading to better leadership, more innovative ideas, and a more thoughtful approach to addressing the needs of all stakeholders.

With a global workforce of over 7,300 associates operating across 21 countries, we are dedicated to building teams that embody the unique strengths and perspectives of the communities in which we operate. This global reach enables us to draw on a wide range of talents, skills, and ideas, which drive our innovation and adaptability. By creating the culture of collaboration and innovation across our workforce, our Company is well-positioned to meet the challenges of today while building a foundation for sustainable growth in the future.

2024 Equality Statistics

Gender and Ethnic Diversity

Training Highlight

Crane’s Approach to Culture & Equality Workshops

Starting at the end of 2021, Crane’s business leaders led their teams through culture workshops focused on Equality, Diversity, and Inclusion. The response was overwhelmingly positive; associates enjoyed the rich discussions and breakout activities, and—as a secondary benefit—getting to know their colleagues better. Every team created commitments that showed an eagerness to continue this work.

To date, over 400 workshops have been held across our sites with over 99% of our global workforce participating in at least one session.

Based on associate response and the importance of the subject matter, Crane instituted a regular 18-month cadence for the workshops in 2023. We believe this consistent cadence has increased associate self-awareness for avoiding “well-meaning” mistakes. Additionally, the Crane approach of engaging our leaders as facilitators versus using external consultants or off-the-shelf products has proven to be more impactful for our teams. The executive team’s involvement in presenting and conducting these workshops helps to convey the importance of the initiative and topics discussed.

We are proud of the progress we’ve made toward our Equality goals; our outstanding culture at Crane continues to get even better through both leader and associate engagement in our workshops.

The next round of the Culture & Equality workshops is scheduled to be delivered in 2025. The objectives and content included remains consistent:

• Reinforce key concepts around respect and inclusion introduced in the previous workshop sessions
• Support efforts at promoting inclusion across Crane that reinforce our culture
• Provide teams with an opportunity to reflect on progress since the prior session and engage in healthy debate and discussion for next steps to drive further improvement