Doman Building Materials Group Ltd.
Climate Impact & Sustainability Data (2024-04-01 to 2024-06-30)
Reporting Period: 2024-04-01 to 2024-06-30
Environmental Metrics
ESG Focus Areas
- Climate change
- Supply chain
- Modern anti-slavery
Governance Achievements
- Introduced applicable policy, procedure and training, and provided the required report and response to the required questionnaire in compliance with the Supply Chains Act.
Climate Goals & Targets
Environmental Challenges
- Slowing North American housing market
- Possible recession
- Higher interest rates
- Downward pressure on materials pricing
- Supply chain risks
- Cybersecurity risks
- Modern anti-slavery risks
Mitigation Strategies
- Use of vendor managed inventories
- Direct shipments from manufacturer to customer
- Use of lumber futures contracts
- Optimizing inventory levels
- Continuous monitoring of IT infrastructure
- Introduction of applicable policy, procedure and training to comply with the Supply Chains Act