Climate Change Data

Kinaxis Inc.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:14,036.90 tCO2e/year
Scope 1 Emissions:252.23 tCO2e/year
Scope 2 Emissions:371.08 tCO2e/year
Scope 3 Emissions:13,413.59 tCO2e/year
Renewable Energy Share:41.54% (of grid electricity)
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:32 tons/year (Ottawa HQ)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Diversity, Equity, and Inclusion (DEI)
  • Data Security and Privacy
  • Talent Management
  • Community Engagement
  • Sustainable Supply Chain

Environmental Achievements

  • Launched Sustainable Supply Chain solution to embed emissions factors into RapidResponse.
  • Offset 100% of Scope 1, 2, and 3 emissions through EcoLogo-certified Renewable Energy Certificates and third-party verified carbon offsets.
  • Improved utility metering allowing for more accurate Scope 1 & 2 emissions reporting.

Social Achievements

  • Maintained high employee engagement (84%), exceeding benchmark.
  • Increased representation of women in senior leadership.
  • Improved DEI sentiment score (85%).
  • Launched several Employee Resource Groups (ERGs).
  • Increased corporate giving budget to $250,000 annually (starting 2024).

Governance Achievements

  • Integrated ESG into enterprise risk management (ERM) program.
  • Over 96% shareholder vote in favor of executive compensation approach.
  • Received top ESG ratings from MSCI and Sustainalytics.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Complete climate-related scenario analysis (2024).
  • Develop risk-based approach to supplier selection incorporating climate performance.
Short-term Goals:
  • Further develop and enhance ESG capabilities within products.

Environmental Challenges

  • Business travel representing a significant portion (83%) of total emissions.
  • Maintaining high DEI sentiment scores while continuing to grow globally.
  • Managing evolving data privacy regulations globally.
Mitigation Strategies
  • Implemented new travel policy and sustainable travel tips.
  • Continued investment in DEI training, programs, and ERGs.
  • Adherence to global data privacy standards and best practices; third-party verification of processes.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Vendor Code of Conduct
  • Incorporating climate performance into supplier selection (future).

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events disrupting operations.
Transition Risks
  • Evolving climate regulations.
  • Changes in customer preferences.
Opportunities
  • Development of sustainable supply chain solutions.

Reporting Standards

Frameworks Used: SASB, TCFD

Certifications: EcoLogo, SOC 1 Type II, SOC 2 Type II, BSI C5:2020 Type II

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 8
  • SDG 13

Contributions through carbon offset projects and sustainable supply chain solutions.

Sustainable Products & Innovation

  • Sustainable Supply Chain application in RapidResponse.

Awards & Recognition

  • Triple A designation from MSCI
  • Inclusion in Sustainalytics' Top-Rated ESG Companies list
  • Best ESG Program award from Institutional Investor