How ESG Principles Can Drive Value for Your Collision Repair Shop with Eddie Hightower
To exit your business on your own terms and fund your ideal post-business life, increasing its value is essential. One powerful way to achieve this is by adopting Environmental, Social, and Governance (ESG) practices.
Unfortunately, many collision shop owners are unaware of how ESG practices can significantly impact their business’s value, leading to missed opportunities for growth, profitability, and a stronger market position.
Join Matt DiFrancesco and Eddie Hightower, Senior Vice President of Sustainability and Social Responsibility at Caliber Collision, as they dive into how Environmental, Social, and Governance (ESG) practices can drive long-term business growth, enhance business reputation, attract valuable talent, and ultimately boost the overall value of your shop.
Matt and Eddie also talk about:
(03:44) The three components of sustainability
(04:56) Why most shops score poorly on the ESG criteria
(09:45) The importance of reputation
(11:53) One of the biggest challenges in guiding shop owners in preparing for a third-party sale
(15:23) What Caliber Collision looks for when buying a shop
(17:03) How Caliber Collision’s Technician Apprentice Program (TAP) works
(21:56) Why doing the right thing with ESG lifts the entire collision repair industry
(28:28) Why shop owners should embrace sustainability practices and tell their story
Connect With Eddie Hightower
Website: https://www.caliber.com/services/collision
LinkedIn: https://www.linkedin.com/in/eddiehightower/
Connect With Matt DiFrancesco:
(814)201-5855
LinkedIn: Matt DiFrancesco
LinkedIn: High Lift Financial
Facebook: High Lift Financial
About the guest:
Eddie Hightower, who joined Caliber in 2015, brings a diverse background spanning legal and HR leadership roles across both private and public companies.
An attorney by trade, Eddie earned his BA from the University of Denver and his JD from the University of Miami School of Law, remaining an active member of the Florida and DC bars.
His unique perspective on sustainability and social responsibility aligns with his experience in human resources—an area often overlooked by collision shop owners.
Eddie also serves as an adjunct professor at the University of Tampa and, outside of work, enjoys the gym, reading, and volunteering for Operation Kindness, a local pet rescue organization.
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