Hall of Fame Resort & Entertainment Company
Climate Impact & Sustainability Data (2021, 2022)
Reporting Period: 2021
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- COVID-19 pandemic impacting events, attendance, sponsorships, hotel occupancy, and supply chains.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2022
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Dispute with Johnson Controls regarding naming rights and technology service agreements.
- COVID-19 pandemic impacting events, attendance, and supply chains.
- High fixed cost structure.
- Cybersecurity risks.
- Substantial indebtedness.
Mitigation Strategies
- Engaging in arbitration with Johnson Controls.
- Adapting to reduced events and attendance due to the pandemic.
- Seeking additional funding through debt, construction lending, and equity financing.
- Implementing various procedures and controls to mitigate cybersecurity threats.
- Refinancing debt and seeking additional funding.