Ethics and Governance

In conjunction with our Core Values and Winning Behaviors, we act in accordance with our Human Rights and Code of Conduct Policies. Our Code of Conduct covers anti-corruption, discrimination, harassment, privacy, appropriate use of company assets, protecting confidential information, and reporting Code of Conduct violations.

We create expectations and provide guidance for all our employees to make the right decisions.

Our Board of Directors sets high standards for our employees, officers, and directors. Implicit in this philosophy is the importance of sound corporate governance. It is the duty of the Board of Directors to serve as a prudent fiduciary for shareholders and to oversee the management of the Company’s business. We have developed robust corporate governance policies applicable to the operation of our Board of Directors and its governance oversight of the Company, which can be found on our investor relations website.

Diversity and Inclusion

Douglas Dynamics is deeply committed to diversity and inclusion. However, we still have more work to do across our footprint. We are investing in multiple initiatives focused on identifying diverse talent. These include engaging with recruiting firms, utilizing job-posting sites, and collaborating with university programs that specialize in connecting companies like Douglas Dynamics with a diverse array of candidates. Moving forward, we will continue to review and refine our initiatives as we seek to diversify our workforce further.

Our success as a high-performing organization depends on nurturing an environment where everyone is valued and heard.

Total US DD Workforce

Ethnically Diverse icon

26.4%

Ethnically Diverse
Female icon

12.0%

Female

DD Board of Directors

Ethnically Diverse icon

16.7%

Ethnically Diverse
Female icon

33.3%

Female

Generations of DD Workforce

Baby Boomers icon

21.4%

Baby Boomers
Gen X icon

33.8%

Gen X
Millennials icon

44.8%

Millennials

DD Connect

We are dedicated to continuous improvement in every aspect of our business, including our employee health and wellness initiatives. In 2021, we rolled out our new CONNECT initiative, an exciting first step in our journey to do more! To kick off this initiative, we provided our employees and their families access to financial wellness programs. At Douglas Dynamics, we truly believe that people are our greatest asset which is why we are proud to say these financial wellness programs heavily focus on employees helping employees.

We are committed to playing a vital role in the well-being of our team members, not only inside the workplace but also outside the workplace and our employees’ homes and communities.

Future programs may address topics such as education or family resources. To help us determine what to focus on next, we will hold employee focus groups to better understand the areas of support our team members are interested in most.

DD Connect logo

Community Involvement

All our business units have a dedicated donations committee responsible for supporting local non-profit organizations through employee input. We provide support both financially and through employee volunteering opportunities. Supporting our community also has the added benefits of emphasizing brand recognition and increasing employee retention.

Douglas Dynamics is committed to utilizing our resources for the betterment of the communities we serve.

At an organization-wide level, we provide a 100% match for employee donations to the United Way.

In addition to United Way, we support three principal areas through corporate cause marketing: military and veterans, breast cancer research, and STEM programs. Through our cause marketing efforts, we have generated significant attention to and donations for each of these great causes.

Camp Hometown Heroes, Junior Achievement or Wisconsin, and the Parenting Network logos

Health and Safety

The working environment we provide is based on our vision, which places the highest value on the welfare of our employees, instills a sense of ownership with our employees, and embraces excellence in safety, production, and the quality of work being done. Our goal is simple: to create added value for our customers through best-in-class performance in environmental, health, and safety practices.

We pledge to place our employees’ safety and well-being first and embody honesty and integrity in the pursuit of our vision of creating a world-class safety culture.

We promote an open-door policy at Douglas Dynamics and encourage every employee to discuss their safety and environmental concerns with their supervisor or other environmental, health, and safety (EHS) leaders. Throughout all Douglas facilities, our primary safety metric is the DART rate (Days Away Restricted or Transferred). Like many organizations, we compare ourselves to other companies in our industry and aggressively set out to meet and achieve our safety goals.