Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Responsibility
• Social Impact
• Culture of Governance

Environmental Achievements

• Development and commercialization of Solberg 3% MIL-SPEC Synthetic Fluorine-Free Foam (SFFF), the first fluorine-free firefighting foam concentrate to be added to the United States Department of Defense Qualified Product List.
• Fire safety products dramatically reduce the amount of water needed to effectively control fires.
• Wildfire control products save tens of thousands of acres of forest every year, decreasing and sequestering carbon.

Social Achievements

• Appointment of the Company’s first Chief People Officer.
• Maintained a safe work environment while meeting the needs of our customers.
• 5-year record safety milestone.

Governance Achievements

• Board-level ESG oversight
• Completed first GHG assessment
• Published second ESG Report

Climate Goals & Targets

Environmental Challenges

• Weather-related supply chain disruptions
• Increased regulation of hazardous chemicals
• Increased regulation of GHG emissions
• New environmental regulations related to climate change and water management
• Decreased demand for products due to climate change

Mitigation Strategies

• Long-term contracts with strategically placed suppliers
• Product innovation
• Measuring and monitoring Scope 1 & 2 GHG emissions
• Closely monitoring upcoming regulations
• Expanding offerings to high-hazard industries

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Ongoing assessments of suppliers’ commitments to sustainability

Climate-Related Risks & Opportunities

Physical Risks

• Weather-related supply chain disruptions

Transition Risks

• Increased regulation of GHG emissions
• New environmental regulations related to climate change and water management

Opportunities

• Increased demand for products due to increased wildfire events
• Product innovation

Reporting Standards

Frameworks Used: SASB, TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Solberg 3% MIL-SPEC Synthetic Fluorine-Free Foam (SFFF)

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental Stewardship
• Social Impact
• Governance

Environmental Achievements

• Increased recycling
• Made capital investments to reduce energy used in manufacturing
• Increased use of e-records to reduce carbon footprint
• Wildfire control products saved tens of thousands of hectares of forest

Social Achievements

• 500,000 hours of dedicated service to forest fire remediation
• Ongoing philanthropic endeavors
• Enhancing work-life balance resources

Governance Achievements

• Enhanced cybersecurity and data protection program
• Ongoing company-wide diversity initiatives
• Best practices and policies meant to reflect Perimeter Solutions’ ongoing commitment to sustainable operations

Climate Goals & Targets

Environmental Challenges

• Mild 2023 North American fire season (reduced acres burned)
• Weak demand environment in Specialty Products due to inventory destocking

Mitigation Strategies

• Improved unit economics throughout retardant business
• Strong performance from international retardant markets
• Excellent performance from suppressants business
• Focusing on driving long-term equity value creation through consistent improvement of operational value drivers

Supply Chain Management

Responsible Procurement

• Proactive approach to supplier onboarding
• Ongoing assessments of potential supply chain risks

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB, TCFD, UN SDGs

Sustainable Products & Innovation

• Solberg 3% Mil-Spec Synthetic Fluorine-Free Foam (SFFF)