Climate Change Data

Linamar Corporation

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:474,869 tCO2e/year
Renewable Energy Share:0.0%
Total Energy Consumption:7,240,780.71 GJ
Water Consumption:1,289.4 ML
Waste Generated:229,041.03 tonnes/year
Carbon Intensity:59.97 tCO2e per million $ of Revenue

ESG Focus Areas

  • Environmental Sustainability
  • Social Responsibility
  • Governance

Environmental Achievements

  • Implemented a global data gathering and verification system to fully disclose Scope 1 & 2 Greenhouse Gas Emissions.
  • Installed rooftop PV solar panels at 20 locations, generating approximately 7,000,000 kWh of renewable electricity.

Social Achievements

  • Maintained a global injury frequency rate of 3.97, below the industry rate.
  • Launched several initiatives to attract and develop young female talent in STEM, including scholarships and skills camps.
  • Pledged $1.5M to The Grove Youth Wellness Hubs Ontario to address youth mental health.

Governance Achievements

  • Established a Global Sustainability Council.
  • Approved a Board Diversity Policy establishing objectives for diversity at the board management level.
  • Implemented an EthicsPoint anonymous and confidential reporting channel.

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050 inclusive of our products and our supply chain
Medium-term Goals:
  • More than 50% of forecasted Mobility revenue by 2026 are for Non-ICE related components.

Environmental Challenges

  • Supply chain disruptions
  • Rising inflationary costs
  • Labor shortages
  • Global pandemic
  • Competition for personnel
  • Technological change
  • Dependence on certain customers
  • Public health threats (COVID-19)
  • Weather events affecting crop yields
  • Changes in tax laws
  • Evolving environmental regulations
Mitigation Strategies
  • Developed and implemented extensive data gathering and verification systems.
  • Established a Sustainability Council to monitor and evaluate risks.
  • Diversification of products across technologies and geographies.
  • Internal Research & Development and Acquisition investments in sustainable technologies.
  • COVID-19 Global Task Force and Action Response Plan.
  • Maintaining back-to-work health and safety protocols.
  • Monitoring regulatory developments and communicating with customers.
  • Lean manufacturing philosophy to eliminate waste.

Supply Chain Management

Responsible Procurement
  • Supplier Quality Manual (includes prohibitions on child or forced labor, abusive employment or corrupt business practices, and defines policy on conflict mineral sourcing).

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
  • Flooding
  • Drought
Transition Risks
  • Regulatory changes
  • Market shifts
  • Technological change
  • Dependence on certain customers
Opportunities
  • Development of energy-efficient products
  • Growth in electrified vehicle market

Reporting Standards

Frameworks Used: SASB

Certifications: ISO 14001, ISO 45001

UN Sustainable Development Goals

  • Goal 4 (Quality Education)
  • Goal 5 (Gender Equality)
  • Goal 6 (Clean Water and Sanitation)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 9 (Industry, Innovation, and Infrastructure)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)

Sustainable Products & Innovation

  • Electrified propulsion systems
  • Lightweighting technologies
  • Renewable power generation

Awards & Recognition

  • 2022 5 Star Safety Culture list
  • Top Women in Safety award
  • Best Safety Communications Program honorable mention
  • Best OHS Team honorable mention

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:302,966.37 tCO2e
Scope 1 Emissions:160,057.10 tCO2e
Scope 2 Emissions:142,909.27 tCO2e
Renewable Energy Share:0.06%
Total Energy Consumption:7,164,006.08 GJ
Water Consumption:31,875.91 ML
Waste Generated:226,313.46 tons

ESG Focus Areas

  • Climate Change
  • Renewable Energy
  • Waste Management
  • Water Usage
  • Energy Consumption
  • Occupational Health & Safety
  • Supply Chain Sustainability
  • Fair Labour Practices
  • Ethical Governance

Environmental Achievements

  • Achieved a 3% reduction of Total (Scope 1 + 2) Emissions in 2023 vs. the 2022 Adjusted Baseline
  • Achieved a 20.33% reduction of Emissions per Dollar of Revenue
  • Implemented Energy Savings equaling 288,000 GJ in FY23 and an additional 67,680 GJ YTD 2024
  • New renewable energy solar panel installs came online globally in 2023 (China, India, Mexico)

Social Achievements

  • Zero product recalls in its mobility segment in 2023
  • Global total injury frequency rate (TIFR) of 4.47, 0.82% lower than the average global industry rate

Governance Achievements

  • Published Forced and Child Labour Report and Anti-Bribery and Corruption Policy on website
  • Recorded 0 monetary losses incurred as a result of legal proceedings associated with anti-competitive behavior regulations
  • Significantly improved Carbon Disclosure Project (CDP) Climate Change scoring from D- to B
  • MSCI ESG Rating improved from B in 2019 to A in 2023

Climate Goals & Targets

Long-term Goals:
  • Carbon Neutral by 2050

Environmental Challenges

  • Supply chain disruptions (implied)
  • Data integration challenges for newly acquired facilities
Mitigation Strategies
  • Actively working on data integration process for newly acquired facilities
  • Continuing refinement to global Sustainability data collection processes and systems

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB

Certifications: ISO 45001