Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Governance
• Diversity & Inclusion
• Safety, Health, and Well-being
• Community Involvement
• Ethics and Compliance
• Quality

Environmental Achievements

• Metrics for Scope 1 and 2 Greenhouse Gas (GHG) emissions with calculation of GHG emissions intensity based on revenue

Social Achievements

• Company increases overall diversity of independent board members to 43%
• Launches Employee Resource Groups with Executive Sponsor support

Governance Achievements

• ESG governance strengthened with inclusion of recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) in addition to the previously adopted Sustainability Accounting Standards Board (SASB) framework

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB, TCFD

Environmental Metrics

ESG Focus Areas

• Health and Safety
• Business Ethics and Code of Conduct
• Climate Change and GHG Emissions
• Employee Engagement, Well-Being, and Retention
• Employee Recruitment, Training, and Development
• Energy Management and Usage

Environmental Achievements

• Reduced Scope 1 and 2 GHG emissions from 9,038 MTCO2e in FY2022 to 6,939 MTCO2e in FY2024.
• Reduced water usage from 7,923,743 gallons in FY2022 to 5,989,862 gallons in FY2024.
• Reduced CO2 equivalent from paper usage from 300,000 in FY2022 to 318,300 in FY2024.
• Donated or recycled 38,950 pounds of e-waste in FY2023 and 2024.
• Migrated file and print services to the cloud, reducing energy consumption and carbon footprint.

Social Achievements

• Launched Matrix C.A.R.E.S., an enterprise-wide mental health team.
• Advanced Integrated Management System (IMS), with over 1,600 hours of employee training.
• Implemented a new quality observation program, receiving over 950 submissions.
• Completed nearly 100 percent of corrective actions before their target date.
• Strengthened procurement policies and processes, including application of Supply Chain Diversity Policy.
• Offered year-round learning opportunities on DEI-specific topics through Matrix University.
• Advanced DEI awareness through Employee Resource Groups (ERGs).

Governance Achievements

• Completed a robust Materiality Assessment to inform and prioritize sustainability work.
• Strengthened infrastructure through third-party evaluation and investments in systems and processes to meet ESG reporting requirements.
• Improved processes to drive global supply chain compliance and performance.
• Achieved 99% completion rate for Code of Business Conduct and Ethics training.
• Formed a Project Risk Committee to assist in fulfilling oversight responsibility with respect to operational and financial risks associated with projects.

Climate Goals & Targets

Environmental Challenges

• Increase in safety incidents and a job site fatality in FY2024.
• Need to improve processes for capturing and reporting Scope 3 GHG emissions.

Mitigation Strategies

• Engaged a third-party HSE consulting company to assess safety culture and performance and develop strategies for improvement.
• Selected a third-party data utility aggregator to improve efficiency and accuracy of GHG emissions data collection.
• Planning further work in fiscal 2025 to develop a methodology for measurement and reporting of Scope 3 GHG emissions.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct
• Supply Chain Diversity Policy

Climate-Related Risks & Opportunities

Physical Risks

• Heat waves
• Storms
• Wildfires
• Cold waves
• Hurricanes
• Water stress

Transition Risks

• Policy and legal changes
• Technological advancements
• Market shifts

Opportunities

• Increased demand for transition fuels and low-carbon energy infrastructure
• Demand for storm response and repair services
• Demand for electrical infrastructure upgrades

Reporting Standards

Frameworks Used: ISSB (incorporates TCFD and SASB), GHG Protocol Corporate Standard