Driven by Innovation

Disciplined by our Operating Model

Delivering Performance

Current stock performance

72.91 -0.36
Oct 24 2014

 

Corporate Responsibility

Environmental

IDEX is serious about its corporate responsibility for environmental protection.
A recent revision of our corporate environmental policy increased the focus and resources applied to environmental responsibility. Our corporate Environmental, Health, and Safety management team provides leadership to the business units, ensuring sound processes for compliance and a focus on the global environment. Many of IDEX Business Unit’s are ISO 14000 compliant; those that are not certified are still guided to pursue the same standards of environmental care.

Health and Safety

As part of our core value of growing our people, health and safety are paramount. IDEX has corporate-wide health and wellness programs that range from dietary counseling to in-house fitness centers and competitive wellness activities.

The safety of our workplace is crucial to healthy and happy employees. Each Business Unit maintains its own safety programs that include annual training on a wide variety of safety topics. Additionally outside services are used to help audit and create ever increasing safety standards.

Quality

Quality is something that has traditionally been synonymous with our various brands. Each business has its own quality policy that addresses the specific markets and technologies in which they are engaged. Most IDEX businesses are ISO-9000 certified, including facilities in Asia. An important core value, "our customer is our priority" and drives us to put quality in the forefront of all activities. Additionally many business units maintain a variety of certifications from NTSB, FDA, etc.

Trade compliance

The core value of "Integrity" drives our trade compliance activities. We aggressively monitor trade policies for import and export as well as to drive sound business practices world-wide and avoid corrupt foreign business practices. As with EH&S we have a corporate staff that is charged with monitoring regulations, developing processes, and assisting the businesses in the daily application of trade compliance policies. Internal experts regularly attend professional seminars and certification courses, and in turn conduct internal training for a variety of business personnel.

EEO and Ethics

Teamwork and equal opportunity are the foundation on which the Company is built. We will continue to be successful when employees are allowed to advance and achieve their full potential. We are proud of the fact that we extend equal employment opportunities to all qualified employees and applicants for employment without regard to race, color, national origin, religion, age, sex, or disability or any other characteristic protected by applicable law.

We work hard to promote the fulfillment of human potential and equal employment. We are committed to hiring, employing, and promoting all qualified minorities, women, disabled persons and disabled or Vietnam Era veterans.

All aspects of employment including, but not limited to, recruiting, hiring, selection for training, promotion, demotion, discipline, rates of pay or other compensation, transfer, layoff, termination, recall, use of all facilities and participation in all company-sponsored activities, will be administered in accordance with the principles of equal employment opportunity.

IDEX strives to achieve market leadership and excellent business results, but never as a result of unethical business practices, which are simply not tolerated.

If an employee suspects misconduct/violations of ethical business standards, an employee may seek information/clarification, or file a report by visiting our ethics hotline.

IDEX expects that any information filed in a report is accurate, honest, and forthright to the best of your knowledge, and is submitted in good faith. IDEX commits that the reporters using the site remain completely anonymous, and the reports submitted via EthicsPoint are confidential.

Conflict Minerals Policy

Background
As a public company, IDEX CORP. (“IDEX”) is subject to rules1 issued by the U.S. Securities and Exchange Commission (“SEC”) implementing the conflict minerals disclosure provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act.  These rules require publicly traded companies in the U.S. to report annually on the extent to which products manufactured by or for the companies and their subsidiaries contain “Conflict Minerals” that are (i) necessary to the functionality or productions of those products, and (ii) derived from sources that are believed to, directly or indirectly, finance armed conflict or benefit armed groups within The Democratic Republic of the Congo (“DRC”) or certain adjoining countries.2 

The “Conflict Minerals” of concern are cassiterite (used to produce tin), wolframite (used to produce tungsten), columbite-tantalite (used to produce tantalum), and gold.  These Conflict Minerals are also commonly referred to as “3TGs.”

Commitment
IDEX is committed to complying fully with the SEC’s Conflict Minerals reporting requirements. To that end, IDEX and its manufacturing subsidiaries are working with applicable suppliers to perform the necessary due diligence in determining the potential for Conflict Minerals in their supply chain and products. IDEX and its manufacturing subsidiaries are designing their due diligence program in accordance with the Organization for Economic Cooperation and Development Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (available at:).

Expectations of Suppliers
IDEX expects that applicable suppliers will cooperate with its due diligence efforts in support of its Conflict Minerals commitment and otherwise assist IDEX in complying with the Conflict Minerals rules established by the SEC.  If a supplier to one of IDEX’s manufacturing subsidiaries is unwilling to support IDEX in its Conflict Mineral program efforts, IDEX and its subsidiaries may take remediation steps, up to and including alternative sourcing arrangements.  IDEX and its subsidiaries also may take remediation steps if a supplier cannot determine whether its materials or products contain Conflict Minerals. 
In support of its Conflict Minerals commitment, IDEX expects that suppliers to its IDEX manufacturing subsidiaries will:

  • Establish a supplier Conflict Minerals policy in accordance with SEC rules (except with respect to SEC reporting requirements), implement management systems to support compliance with their policy, and require their suppliers of any tier to take the same steps;
  • Identify, in the manner and form specified by IDEX and its manufacturing subsidiaries, materials or products they sell to the applicable IDEX manufacturing subsidiary and the smelter that provided the original Conflict Minerals.  Direct suppliers to IDEX manufacturing subsidiaries may have to require successive upstream suppliers to complete IDEX’s Conflict Minerals survey until the smelter is identified;
  • Provide reports to support IDEX’s SEC reporting requirements; and
  • Upon request, permit auditing of their Conflict Minerals policies and procedures.

If you have any questions or would like additional information about this policy, please email: IDEXConflictMinerals@idexcorp.com

1 A copy of the applicable rules is available at: http://www.sec.gov/rules/final/2012/34-67716.pdf

2 The adjoining countries to the DRC which are of concern include Angola, Burundi, Central African Republic, The Republic of Congo, Rwanda, South Sudan, Tanzania, Uganda and Zambia.