Climate Change Data

Environmental Metrics

ESG Focus Areas

• Decarbonization of heavy-duty trucking
• Environmental Stewardship
• Workplace Safety
• Diversity and Inclusion
• Corporate Governance

Environmental Achievements

• Significant GHG emissions reduction potential with Hypertruck ERX (estimated 83% reduction in total GHGs compared to baseline diesel, based on a 50-truck fleet conversion over 7 years and 100,000 miles per year)

Social Achievements

• Implementation of comprehensive safety training program for all employees
• Focus on creating a diverse, inclusive workforce
• Key hires across various departments (COO, CFO, SVP of Sales and Supply Chain, VP of Operations, VP of Engineering, VP of People Operations, CSO)

Governance Achievements

• Establishment of Nominating and Corporate Governance Committee overseeing ESG efforts
• Development and implementation of various policies (Code of Business Conduct and Ethics, Conflict Minerals Policy, Stock Ownership Guidelines, Clawback Policy, Antitrust Policy, Insider Trading Policy, Conflicts of Interest Policy, Nondiscrimination Policy, Whistleblower Policy)
• Proactive approach to enterprise risk management

Climate Goals & Targets

Environmental Challenges

• Supply chain risks
• Government regulation (both risks and opportunities)
• IT/OT security risks

Mitigation Strategies

• Proactive, hands-on approach with suppliers, including multiple sourcing and supplier engagement
• Collaboration and engagement with internal and external audiences
• Investment in comprehensive IT/OT security services and technologies, penetration testing

Supply Chain Management

Supplier Audits: ISO 14001 and RoHS compliance checks

Responsible Procurement

• ISO 14001 compliance
• RoHS compliance

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: TCFD, CDP, UN Sustainable Development Goals (SDGs)

Certifications: ISO 9001 (expected), ISO 14001 (expected mid-to-late 2023)

Sustainable Products & Innovation

• Hypertruck ERX