“A Plumbing Manufacturing Evolution,” the PMI 2022 Annual Report, explores how PMI member companies are responding to new societal demands while remaining profitable and meeting the needs of customers.
Running through the report are examples of how PMI member companies are striving to become “net positive” by improving the well-being of everyone they affect – every product, operation and stakeholder, including future generations and the planet itself. The term “net positive” was coined by co-authors Paul Polman and Andrew Winston in their book, “Net Positive: How Courageous Companies Thrive by Giving More Than They Take.”
In their letter for the report, PMI leaders Martin Knieps, 2022 Board of Directors president, and Todd Teter, immediate past president, say that even before the term “net positive” was coined, “PMI has worked to find solutions benefiting all water system stakeholders. PMI has always understood that the value of a toilet, showerhead or faucet is only as high as the quality of the water conveyed by it. As a result, PMI has always worked with the health and safety of water consumers in mind, knowing that their best interests are the same as ours.”
Report focuses on sustainability, supply chain and workplace
The report’s three main stories cover how PMI member companies are creating opportunities through their responses to challenges relating to sustainability and waste reduction, supply chain and workplace and labor. Read the entire report at https://www.safeplumbing.org/communications/pmi-annual-report-2022.