Gypsum Management & Supply, Inc.
Climate Impact & Sustainability Data (2023, 2024)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:107,522 tCO2e/year
Scope 1 Emissions:98,744 tCO2e/year
Scope 2 Emissions:8,778 tCO2e/year
Total Energy Consumption:430.54 GWh/year
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Established and disclosed Scope 1 and Scope 2 greenhouse gas emissions baseline.
- Added battery-powered hydraulic cranes to the fleet.
- Assessed LED lighting usage at facilities.
- Piloting a dunnage recycling program (projected to reduce waste by over 70% at one facility).
Social Achievements
- Reduced total recordable incident rate by 11% over the last two years.
- Launched a company-wide Team Member Engagement Survey in Fiscal Year 2024.
- Launched an internal Entry Level Driver Training (ELDT) course.
- Introduced formalized training and recruitment programs for Inclusion & Diversity.
Governance Achievements
- Established an Ethics Hotline for confidential reporting of unethical or improper activities.
- Provides annual Code of Conduct training to all employees.
- Board oversight of ESG matters, including climate-related risks.
Climate Goals & Targets
Environmental Challenges
- Adverse weather events could reduce or delay construction activity and operations.
- Managing environmental impact of vehicle fleet (85.6% of emissions).
Mitigation Strategies
- Company-wide adoption of fleet optimization software and technology.
- Using propane or electricity to power 43% of warehouse and truck forklift fleet.
- Monitoring changing regulatory requirements.
- Diversified supplier base with preference to environmentally aware suppliers.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Adverse weather events, natural disasters
Transition Risks
- Changing regulatory requirements
Reporting Standards
Frameworks Used: SASB Multiline and Specialty Retailers & Distributors Standard, TCFD
Reporting Period: 2024
Environmental Metrics
Total Carbon Emissions:113,506 tCO2e/year
Scope 1 Emissions:104,515 tCO2e/year
Scope 2 Emissions:8,991 tCO2e/year
Total Energy Consumption:463 GWh/year
ESG Focus Areas
- Safety
- Governance
- Energy Efficiency
- Inclusion & Diversity
- Environmental Sustainability
- Ethics & Compliance
- Data Privacy & Cyber Security
- Community Engagement
Environmental Achievements
- Replaced traditional lighting with LEDs, resulting in an estimated energy savings of over 400,000 kilowatt hours per year.
- Expanded fleet equipped with battery-powered cranes.
- Implemented a dunnage and corrugated cardboard recycling program diverting over 50% of waste from landfill at a large location.
Social Achievements
- Completed truck camera retrofit initiative on majority of on-the-road vehicles.
- Began using AI technology in truck cameras to improve driving safety.
- Formalized training programs to advance and retain employees, including initiatives for underrepresented groups.
- Launched a company-wide Team Member Engagement Survey.
- National partnership with Habitat for Humanity to build homes for the underserved.
Governance Achievements
- Two directors received awards for excellence in board leadership.
Climate Goals & Targets
Short-term Goals:
- Expand lighting conversion projects to additional locations.
Environmental Challenges
- Adverse weather events could reduce or delay construction activity and operations.
- Managing GHG emissions from vehicle fleet (86% of total emissions).
Mitigation Strategies
- Fleet optimization and logistics software and technology.
- Using environmentally friendlier energy sources for warehouse forklifts (44% propane and electric).
- Diversified supplier base with preference to environmentally aware suppliers.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Adverse weather events, natural disasters
Transition Risks
- Changing regulatory requirements
Reporting Standards
Frameworks Used: SASB Multiline and Specialty Retailers & Distributors Standard, TCFD