Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Renewable Energy

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Curtailment of renewable energy due to grid limitations and intermittency of solar and wind power, resulting in significant revenue loss (estimated at $610 million in 2021).

Mitigation Strategies

• Expanding transmission lines, battery energy storage, and flexible computing are identified as solutions to mitigate curtailment. Improved grid operations, increased demand flexibility are also mentioned but are outside the direct control of individual renewable energy developers.

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: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• 7 (Affordable and Clean Energy), 13 (Climate Action)

Soluna's flexible computing solutions help mitigate renewable energy curtailment, contributing to increased use of renewable energy and reduced reliance on fossil fuels.

Sustainable Products & Innovation

• Flexible computing data centers integrated with renewable energy projects.

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Renewable Energy

Environmental Achievements

• Reduced carbon emissions by 18% compared to counterparts in ERCOT West territory.
• Achieved 75% clean energy on average for Project Dorothy.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Curtailment of renewable energy due to grid inflexibility and inability to monetize stranded energy.
• High carbon emissions from data centers globally (1% of global emissions).

Mitigation Strategies

• Co-locating data centers with wind farms to utilize curtailed energy.
• Employing proprietary software (MaestroOS™) and design to increase efficiency.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient data centers

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: REsurety

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 13 (Climate Action)

Utilizing renewable energy and reducing carbon emissions.

Sustainable Products & Innovation

• Energy-efficient data center design

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Renewable Energy
• Climate Change
• Sustainable Computing

Environmental Achievements

• Project Dorothy (50 MW) transitioned from construction to full operations, emitting 18% less carbon than traditional data centers and up to 40% less than cryptocurrency mining peers (according to REsurety).

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Wasted energy from renewable energy plants (30-40%).
• Rapidly growing energy demand from AI computation.

Mitigation Strategies

• Leveraging wasted renewable energy for computing power in co-located data centers.
• Shifting focus from proprietary Bitcoin mining to hosting, securing 50 MW of hosting contracts.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient data centers for AI and HPC.

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 9 (Industry, Innovation, and Infrastructure)
• Goal 13 (Climate Action)

Soluna's renewable computing model contributes to these goals by utilizing wasted renewable energy, developing sustainable data center infrastructure, and reducing carbon emissions.

Sustainable Products & Innovation

• Next-generation data centers for AI (Helix Pilot).

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change

Environmental Achievements

• Project Dorothy emits 18% less carbon emissions than a traditional datacenter in West Texas and up to 40% less than cryptocurrency mining peers.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• High energy demand of AI, high water consumption in traditional data centers, and the environmental impact of data centers in general.

Mitigation Strategies

• Developing modular data centers utilizing curtailed renewable energy, creating a more sustainable and scalable AI platform, and serving as a demand response solution for the grid.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient data centers

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: REsurety

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 13 (Climate Action)

Soluna's data centers utilize curtailed renewable energy, reducing carbon emissions and contributing to a cleaner energy future.

Sustainable Products & Innovation

• Modular data centers with proprietary Maestro OS software

Awards & Recognition

• Not disclosed