Husky Injection Molding Systems Ltd. has instituted an interesting program that rewards employees for their environmental and community activism with gifts of company stock. Husky founder Robert Schad already is well-known for his environmental activism. His projects have included lobbying to end the spring bear hunt in Ontario and helping to set up an injection molding factory at a local Indian reservation, Moose Deer Point First Nation.
Under the new program, an employee who buys a new car that runs on electricity, natural gas or fuel cells will earn 100 Husky shares — worth about US$425 at Husky's current stock price. Carpooling for a month or coaching a children's hockey team for 10 hours will earn about one share.
Tony Clement, the Ontario environment minister, called Husky "a leader in the field of environmental action and society responsibility." We agree, and encourage others to emulate Husky's example.