Climate Change Data

Forward Air Corporation

Climate Impact & Sustainability Data (2019, 2022, 2023)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental Protection
  • Community Support

Environmental Achievements

  • Annually recycle tons of dunnage and thousands of aluminum load bars.
  • Participate in ReCaps, providing and purchasing recycled trailer tires.
  • Focus on increasing landfall diversion rate through partnership with Waste Harmonics.
  • Actively seek to utilize equipment with reduced environmental impact (lightweight composite trailers, trailer skirts, electric forklifts, automatic transmission tractors).

Social Achievements

  • Partner of the U.S. Environmental Protection Agency SmartWay program since 2008.
  • Corporate partner of Truckers Against Trafficking.
  • Launched Operation: Forward Freedom, supporting veterans through Hope for the Warriors.
  • Joined Women in Trucking.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

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

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Greenhouse gas emissions

Environmental Achievements

  • Target to reduce Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030.

Social Achievements

  • Were assessed by a third-party industry expert as being the best in the LTL industry for damage-free, intact, on-time shipment service.

Climate Goals & Targets

Environmental Challenges

  • Freight recession starting in the 4th Quarter of 2022 and into 2023.
Mitigation Strategies
  • Further streamlined Forward23 program to very specific growth and efficiency initiatives, called Forward Force and Forward Game Shape. Forward Force includes more business in and out of Mexico and Canada and more live events business. Forward Game Shape contains plans to achieve record low purchasing of outside miles and rigorous cost management.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Roadway Health & Safety
  • Workplace Health & Safety
  • Independent Contractor Practices
  • Diversity, Equity, Inclusion, and Belonging (DEI&B) Practices
  • Community Impact & Partnerships
  • Measurement & Disclosure
  • Information Security
  • Responsible Supplier Practices
  • Green House Gas (GHG) Emissions Reduction Practices
  • Air Quality Practices
  • Corporate Ethics

Environmental Achievements

  • Partnered with carbon capture company Remora for a pilot project.
  • Remained a SmartWay certified company.

Social Achievements

  • Implemented paid parental leave.
  • Launched Employee Resource Groups.
  • Raised $525,000 for Hope for the Warriors.
  • 15% women drivers (twice the U.S. industry average).

Governance Achievements

  • Adopted a Code of Business Conduct and Ethics.
  • Adopted Corporate Governance Guidelines.
  • Completed Task Force on Climate-Related Financial Disclosures (TCFD) analysis.
  • Submitted CDP report.

Climate Goals & Targets

Medium-term Goals:
  • Reduce absolute Scope 1 and Scope 2 GHG emissions (combined) by 42% by 2030 from a 2021 base year.

Environmental Challenges

  • Softer than expected freight environment and weak demand for intermodal and truckload brokerage services in 2023.
  • Challenges in meeting ESG goals.
Mitigation Strategies
  • Continued to execute on revenue growth strategy, focusing on high-value freight services and improving freight quality metrics.
  • Acquired Omni Logistics LLC in January 2024.
  • Divested of its “final mile” business in December 2023.
  • Developing a comprehensive Emergency Preparedness Plan (EPP).

Supply Chain Management

Responsible Procurement
  • Working to understand the ESG goals of suppliers and customers.
  • Exploring opportunities to grow supplier diversity program and partnerships.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB

Certifications: SmartWay