Climate Change Data

Environmental Metrics

ESG Focus Areas

• Lightweighting and Sustainability
• Diversity and Inclusion
• Data Security and Privacy
• Business Ethics and Integrity
• Human Rights
• Environmental Responsibility
• Employee Well-being

Environmental Achievements

• Altair® OptiStruct® usage is responsible for reducing many millions of tons of CO2 emissions.
• Toggled® products can save businesses and homeowners between 40 percent – 70 percent on monthly energy costs compared to traditional fluorescent systems.

Social Achievements

• Maintained a low attrition rate (6% total turnover rate, 4% voluntary turnover rate).
• Launched Altair Black Employee Resource Network (ABERN) and Altair Women in Technology (WiT) employee resource groups.
• High employee satisfaction with COVID-19 response (97%).
• Significant community investment through various partnerships (AnitaB.org, FIRST Robotics Competition, etc.).
• Successful internship program with 100% intern satisfaction.

Governance Achievements

• 29% women on Altair’s Board of Directors.
• Established Code of Business Conduct and Ethics.
• Published Data Security and Data Privacy policy.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic and its impact on global operations.
• Maintaining data security and privacy in a remote work environment.

Mitigation Strategies

• Implemented a work-from-home strategy.
• Provided virtual health and wellness programs.
• Utilized Altair Hosted HyperWorks Units (HHWUs) to address remote work challenges.

Supply Chain Management

Responsible Procurement

• Supplier selection considers commitment to health, safety, and sustainability issues.

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Toggled LED lighting
• OptiStruct for lightweighting

Awards & Recognition

• Altair Enlighten Award

Environmental Metrics

ESG Focus Areas

• Lightweighting and Sustainability
• Diversity and Inclusion
• Data Security and Privacy
• Business Ethics and Integrity
• Human Rights
• Environmental Responsibility
• Community Involvement

Environmental Achievements

• Reduced material usage through simulation-driven design, enabling customers to minimize waste and carbon footprint.
• Altair OptiStruct usage responsible for reducing many millions of tons of CO2 emissions.

Social Achievements

• Increased diversity and inclusion initiatives, including employee resource groups (ABERN and WiT).
• Successful internship program with high satisfaction rates and diverse representation.
• Extensive community involvement through partnerships with various organizations globally.

Governance Achievements

• Established Code of Conduct and Ethics.
• Implemented robust data security and privacy policies.
• Publicly available Human Rights Policy.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier selection considers commitment to health, safety, and sustainability issues.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Newsweek’s Most Loved Workplaces
• Inc. Magazine’s Best-Led Companies
• Investor’s Business Daily’s Best ESG Companies
• Economic Times’ Best Brands list
• Detroit Free Press’s Top Workplaces list
• Great Places to Work
• Kununu Top Company

Environmental Metrics

ESG Focus Areas

• People
• Planet
• Practices

Environmental Achievements

• Not disclosed

Social Achievements

• Named a Most Loved Workplace for the third straight year and garnered 10 external awards recognizing its culture.
• Strengthened wellness efforts globally via programs, training, and events.
• Employee resource groups (ERGs) enhanced programming, cultivating personal and professional development opportunities.
• Revamped global internship program, expanding its presence in EMEA and emphasizing full-time hires.
• Established $1.25 million in scholarships at Columbia University and the University of Michigan-Dearborn.
• Increased sponsorship of student teams in competitions and bolstered student editions of software tools.
• Expanded collaboration with FIRST Robotics.

Governance Achievements

• Earned ISO/IEC27001:2022 certification.
• Enhanced team collaboration, increased responsiveness, and adopted generative AI for cybersecurity.
• Reinforced governance and compliance structures for data privacy.
• Upskilled employees in cybersecurity and regularly assessed risks.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO/IEC27001:2022

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• 10 external awards