Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change

Environmental Achievements

• Reduced Scope 1 and Scope 2 location-based emissions by 3.9% from FY18 through emissions reduction projects totaling 4,618 tons of CO2e.
• Reduced single-use plastics in shave and groom packaging by replacing plastic components with paper-based alternatives (e.g., Model PG6155).
• Reduced waste by reusing scrap metal from filter cartridge manufacturing (Global Pet division, Blacksburg, VA) and recycling floss scrap for use in archery targets, reducing landfill waste by 25,000 lbs per year.

Social Achievements

• Increased company-wide average for reporting to Walmart Sustainability Index for the 4th consecutive year, performing particularly well on manufacturing and supply chain greenhouse gas emissions, worker health & safety, priority chemicals disclosure, transportation to retailers, product design, and conflict minerals KPIs.

Governance Achievements

• Board-level oversight of climate-related issues led by the General Counsel, a member of the Board Executive Group. The General Counsel oversees decisions for all climate issues, sustainability goals and related resource expenditures.

Climate Goals & Targets

Environmental Challenges

• Increased indirect costs due to emerging carbon pricing mechanisms and regulations.
• Increased indirect costs due to increased severity and frequency of extreme weather events impacting the supply chain.
• Decreased revenues due to reduced demand for products and services from potential regional ecological changes caused by rising mean temperatures.
• Data collection challenges for Scope 1 and 2 emissions from sales offices and for Scope 3 emissions from various value chain activities (e.g., upstream and downstream transportation, product use, end-of-life treatment).

Mitigation Strategies

• Regular meetings of the sustainability committee and councils to provide updates on incoming climate change-related requests and ongoing projects.
• Regular assessment of the supply chain to strengthen response to potential changes in climate, including insurance coverage, facility readiness, and supplier coordination.
• Ongoing investment in more sustainable products and efficient facilities to reduce environmental impacts and emissions.
• Utilizing in situ thermalization method for soil remediation at Macon, MO site to reduce environmental harm and remediation costs.

Supply Chain Management

Supplier Audits: 330 unique Tier 1-Tier 3 suppliers surveyed in 2019

Responsible Procurement

• Supplier sustainability requirements (Walmart Sustainability Index)

Climate-Related Risks & Opportunities

Physical Risks

• Increased severity and frequency of extreme weather events
• Rising mean temperatures

Transition Risks

• Emerging regulation (carbon pricing mechanisms)

Opportunities

• Reduced operating costs through supportive policy incentives
• Increased revenues from increased demand for products and services due to climate adaptation needs and shifts in consumer preferences
• Competitive advantage from transparency and compliance with buyer expectations

Reporting Standards

Frameworks Used: Greenhouse Gas Protocol

Third-party Assurance: Environmental Resources Trust

Sustainable Products & Innovation

• Energy-efficient showerhead with patented technology (Hardware and Home Improvement division)

Environmental Metrics

ESG Focus Areas

• Greenhouse Gas Emissions
• Waste & Recycling
• Water Withdrawal
• Energy Conservation
• Safety
• Product Sustainability

Environmental Achievements

• Approximate 40% reduction in GHG emissions from FY2017 to FY2020 (unadjusted)
• 8% reduction in GHG emissions (FY2020 vs. FY2019) (adjusted)
• 5% reduction in hazardous waste from FY2020 vs. FY2019 (adjusted)
• 8% reduction in water use (FY2020 vs. FY2019) (adjusted)
• 6,552,551 kWh of energy conserved through energy conservation programs (adjusted)
• Reduced water purchases by 17 million gallons per year (adjusted)

Social Achievements

• Reduction in Total Recordable Incident Rate (TRIR) and Lost Time Incident Rate (LTIR) from FY2018 to FY2020 (adjusted)

Governance Achievements

• Not disclosed

Climate Goals & Targets

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: Trinity Consultants

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change

Environmental Achievements

• Reduced carbon footprint (Scope 1 and 2 market-based emissions) by 3% per year on a per-revenue basis from a 2017 baseline through FY2022.
• Initiated 17 projects in 2022 saving over 2.5 million kilowatt hours of energy.
• Reduced annual water consumption by nearly 17 million gallons (from projects implemented in 2021).
• Removed up to 37,100 pounds of Polymer (PET) based materials annually (equivalent to 90 tons of CO2 emission reductions).

Social Achievements

• Not disclosed

Governance Achievements

• Board-level oversight of climate-related issues.

Climate Goals & Targets

Environmental Challenges

• Increased electricity consumption as business returns to normal operations.
• Proposed SEC legislation requiring additional climate-related disclosures.
• Shifts in consumer preferences towards brands with strong environmental credentials.
• Data collection challenges related to Scope 3 emissions, particularly from the supply chain and product use phase.

Mitigation Strategies

• Working with advisors to better understand climate change risks and impacts.
• Developing more innovative products and improving cradle-to-grave management of products and packaging.
• Proactively collecting GHG emission data from Tier 1 suppliers.
• Investing in resource efficiency projects to reduce operating costs and emissions.
• Engaging with suppliers to increase awareness and improve sustainability performance.

Supply Chain Management

Supplier Audits: 351 unique/active Tier 1-Tier 3 suppliers surveyed in 2022

Responsible Procurement

• GHG emissions data collection from suppliers; Supplier surveys on sustainability topics.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (flooding, ice storms)

Transition Risks

• Emerging regulations (e.g., SEC climate-related disclosures); Shifts in consumer preferences.

Opportunities

• Resource efficiency projects (energy, water); Development of more sustainable products.

Reporting Standards

Frameworks Used: Defra Environmental Reporting Guidelines, The Greenhouse Gas Protocol

Certifications: Null

Third-party Assurance: Environmental Resources Trust

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Pfister faucets and showerheads (EPA WaterSense certified); Remington products with reduced plastic packaging.

Awards & Recognition

• Not disclosed