NV5
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:32,441 Metric tCO2e (total)
Scope 1 Emissions:3,412 Metric tCO2e
Scope 2 Emissions:3,024 Metric tCO2e
Scope 3 Emissions:26,005 Metric tCO2e
Renewable Energy Share:1%
Water Consumption:5.2 kGal/ FTE
Waste Generated:0.38 short tons/ FTE
ESG Focus Areas
- Greenhouse Gas Emissions
- Energy Management
- Water & Wastewater Management
- Waste & Hazardous Materials Management
- Ecological Impacts
- Human Rights & Community Relations
- Data Security
- Product Quality & Safety
- Labor Practices
- Employee Health & Safety
- Employee Engagement, Diversity & Inclusion
- Product Design & Lifecycle Management
- Supply Chain Management
- Business Ethics
Environmental Achievements
- Reduced GHG emissions by 32% since 2019 (partially due to COVID-19 impact)
- 80% of office locations reporting environmental data
- 1% of offices using renewable energy sources for electricity (not all leases provided data)
Social Achievements
- Committed $275,000 in scholarships through the National Society of Black Engineers (NSBE)
- 110% better than industry average Total Recordable Incident Rate (TRIR) of 0.23
- Employee Resource Groups (ERGs) established to promote diversity and inclusion
Governance Achievements
- Established a reporting module for ESG including data management, emission factor setup and calculations, analytics and dashboards, and reporting & disclosures
- All NV5 employees required to sign Anti-Bribery Policy
- Maintained an “A Rating” with ISNetworld
Climate Goals & Targets
Medium-term Goals:
- 25% reduction in greenhouse gas emissions by 2030
- 25% reduction in water consumption by 2030
- 25% reduction in total waste/recycle by 2030
- 25% of office leases using some form of renewables for energy by 2030
Environmental Challenges
- Inaccurate Scope 3 emissions due to COVID-19 impact and reliance on pre-COVID commuting factors
- Data collection limitations (only 80% of office locations reported environmental data)
Mitigation Strategies
- Examining alternate carbon tracking tools for more accurate Scope 3 reporting
- Establishing an action plan for ESG reporting with a roadmap and transition plan for maximum data coverage
Supply Chain Management
Responsible Procurement
- Green Office Supply Purchase Plan
- Green Leases
Climate-Related Risks & Opportunities
Physical Risks
- Storms, flooding, sea level rise, extreme heat, extreme cold, seismic activity
Reporting Standards
Frameworks Used: GRI, TCFD, SASB, CDP
Third-party Assurance: Treeni (third-party ESG verification and reporting consultant)