SRAM
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
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
- Cycling Advocacy
- Company & Culture
- A Better Planet
Environmental Achievements
- Reduced plastic use by 350,000 kg through May 2023; projected annual reduction of more than 66,000 pounds by phasing out plastic packaging.
- Uses 75% recycled aluminum in the construction of aluminum cassette cogs, chainrings, and derailleur cages.
- Coimbra factory maintains a 94% waste diversion rate.
Social Achievements
- Increased diversity in internship program (30% self-identifying from underrepresented demographics).
- Supported Indigenous Women Outdoors (IWO), providing equipment and support for over 60 Indigenous women.
- Established the Taiwan Cycling Club with over 230 members.
Governance Achievements
- Established an impactful partnership with Christ the King Jesuit College Prep for student work experience.
- Working towards more complete internal equity in pay.
- Created a formalized professional development framework focusing on individual empowerment.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Power all operations in the U.S. and Europe entirely from renewable energy by 2030.
- Eliminate the need for plastic across all packaging (with minor exceptions) within the next three years.
Short-term Goals:
- Not disclosed
Environmental Challenges
- Reducing carbon footprint across global supply chain (91% of total emissions).
- Navigating the renewable energy landscape in Taiwan.
- Recycling carbon fiber from production and end-of-life products.
- Finding scalable solutions for recycling carbon fiber.
Mitigation Strategies
- Working closely with factories to improve resource efficiency and renewable energy use.
- Developing a long-term renewable energy strategy for Taiwan.
- Aggressively pursuing realistic options to recycle carbon fiber.
- Developing a list of “preferred materials” with the least environmental impact.
- Shifting to more ocean freight for product transportation.
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: ISO 14001 (Coimbra factory)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Eagle AXS Transmission
Awards & Recognition
- Not disclosed