DES MOINES, Iowa—Krause Group has published its 2021 Corporate Social Responsibility Report, providing a detailed overview of how its companies, including Kum & Go, worked in 2021 to accelerate their business to bring their purpose to life.
This is Krause Group’s fourth edition of the report since 2018, and this year’s report goes further in developing clear performance indicators in key focus areas and commits to future benchmarking and materiality assessments for long-term, sustained impact, according to the company.
“2021 was a tale of two halves: a continuation of what we experienced in 2020 during the coronavirus pandemic and the slow return to in-person experiences as we adjusted to a new normal,” said Krause Group Chairman and CEO Kyle Krause. “As we publish our fourth CSR Report, I reflect on how proud I am of our associates as we worked through another challenging year due to the pandemic. As we look forward to 2022, we plan to further define a clear vision within each business for our people, planet and philanthropy pillars of CSR.”
Krause Group began in 1959, with the launch of a gas station in Hampton, Iowa, by Tony S. Gentle and his son-in-law, William A. Krause. Over the next 63 years, that business has grown to incorporate a diverse set of companies including Kum & Go, Solar Transport, Italian wineries Vietti and Enrico Serafino, Krause+, Dalla Terra Ranch, Teamwork Ranch, the Des Moines Menace soccer club and Italian soccer club Parma Calcio 1913.
The report focuses on how each of these businesses are working across the four pillars of social responsibility established at Krause Group: purpose-based, people first, planet and philanthropy. Supporting associates overall mental, physical and financial wellbeing was a priority in 2021, says the company. Other highlights include additional resources and progress made to support to the company’s commitments to responsible energy use, support to more than 220 nonprofit organizations and record high scores in our Associate Engagement Survey.
The new report encapsulates the breadth and scope of Krause Group’s work across 14 states, two countries and with over 6,000 Associates.
“While 2021 presented additional challenges coming off of 2020, I’m proud of how our associates worked through them and did so guided by our Purpose and Values,” said Krause. “We are committed to tangible progress in our CSR efforts to help ensure our associates and communities continue to thrive for years to come.”
Tanner Krause, CEO of Kum & Go, talked with NACS Magazine about Kum & Go’s approach to corporate social responsibility in September’s “The Big Question” column. Access the digital edition here.