Sierra Wireless (NASDAQ: Sierra Wireless) (TSX: SW)
Climate Impact & Sustainability Data (2017, 2019, 2020, 2021)
Reporting Period: 2017
Environmental Metrics
ESG Focus Areas
- Environmental Responsibility
- Social Responsibility (People)
- Business Ethics
- Responsible Sourcing
- Governance and Compliance
Environmental Achievements
- Reduced energy use per area (kWh/m2) from 2015 to 2016 (specific figures in report)
- Implemented options for indirect packaging made with recycled content and reuse of packaging before recycling (ongoing project)
- Reduced street-light operating costs by 40% per annum in Clermont-Ferrand (customer example)
Social Achievements
- Employee turnover rate of 10%, substantially lower than the industry average (17-23%)
- Supported local environmental initiatives in Hong Kong and France
- Implemented a policy where employees receive one day off per year with pay for volunteering at least eight hours
Governance Achievements
- Aligned practices with Responsible Business Alliance (RBA) Code of Conduct
- Implemented policies on Code of Business Conduct, Anti-Bribery and Corruption, Global Harassment and Discrimination Prevention, Insider Trading, Disclosure, Privacy, Conflict Minerals, and Information Security
- 93% of suppliers provided conflict minerals declarations in 2016, with 80% compliant
Climate Goals & Targets
- By 2020: Implement at least three pilot programs to divert greater than 20% of waste from landfill
- By 2020: Achieve industry-competitive Greenhouse Gas emission reductions
- By 2020: Our products will be developed with the environment in mind
- By 2018: Identify and quantify Greenhouse Gas Emissions and develop a strategic plan for reduction
- By 2018: Evaluate regional support for recycling and create a roadmap to reduce waste
- By 2018: Sierra Wireless’ design teams will receive training in EcoDesign processes and establish Eco-Design targets
- By 2018: Establish corporate social responsibility requirements for all purchases
- By 2019: Donate 1% of staff time to community projects
Environmental Challenges
- Managing environmental footprint, including energy use and greenhouse gas emissions
- Reducing waste to landfill
- Ensuring responsible recycling practices
- Conflict mineral sourcing
Mitigation Strategies
- Annual tracking and review of energy consumption and greenhouse gas emissions
- Working to discover options for reusable packaging made with recycled content
- Promoting recycling throughout global facilities
- Implementing a conflict minerals program consistent with OECD Due Diligence Guidance
Supply Chain Management
Supplier Audits: 107 supplier facilities screened in 2016 using the EICC Self-Assessment Questionnaire; assessment of more than 80% of purchase spending done using the RBA Self-Assessment Questionnaire
Responsible Procurement
- Supplier agreements
- Supplier handbook
- Code of Business Conduct
- RBA Code of Conduct
- EHS standards
- Conflict Minerals Policy
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards
Sustainable Products & Innovation
- Low-power wide area (LPWA) solutions
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- People
- Communities
- Environment
Environmental Achievements
- Reduced energy used for lighting by 11.8% at Carlsbad location, saving 26,872 kWh and $3,360 annually.
- Reduced waste in kitchenettes through bulk purchasing and use of glass jars.
- Expanded use of compostable products in the café and moved from 60% recyclable paper to 100% in 2019 across North America.
- Introduced honeybees to Richmond headquarters.
Social Achievements
- Expanded training programs to help educate management on diversity and inclusion practices.
- Introduced a pilot mentorship program connecting senior executives and women in senior roles (16 women matched with 12 mentors).
- Formed Employee Resource Groups (ERGs) focusing on mental health and LGBTQ+ inclusion.
- Increased the number of RBA questionnaires collected from suppliers from 72 to 107, with 100% achieving low-risk scores.
Governance Achievements
- Published Board and Senior Management Diversity and Inclusion Policy with quantifiable targets.
- Signed the UN’s Women’s Empowerment Principles.
- Implemented Multi-Factor Authentication (MFA) and Advanced Threat Protection (ATP) to enhance data privacy and confidentiality.
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Increase women's representation in senior management to 20% by 2022.
- Expand mentorship program.
- Deliver inclusive leadership training to all leaders in APAC and EMEA.
- Amend attraction, recruitment, and selection practices.
Environmental Challenges
- Gender imbalance in senior management.
- Reducing greenhouse gas emissions from transportation and air travel.
- Reducing landfill waste.
- Ensuring supplier sustainability.
Mitigation Strategies
- Expanded leadership training on diversity and inclusion.
- Implemented a pilot mentorship program.
- Expanded shuttle bus program in Richmond.
- Discouraged air travel and encouraged video conferencing.
- Planned to introduce a carbon offsetting scheme for company air travel.
- Introduced more sustainable consumption practices (bulk purchasing, glass jars).
- Expanded use of compostable products and increased recycling rates.
- Continued collection of RBA self-assessment questionnaires from suppliers.
Supply Chain Management
Supplier Audits: 107 RBA questionnaires collected
Responsible Procurement
- RBA Code of Conduct
- Environmental requirements letter
- Master Quality Agreement (MQA)
- Global Supplier Agreement (GSA)
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001 (contract manufacturers)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- IoT solutions for industrial efficiency, environmental monitoring, and public transportation.
Awards & Recognition
- Deborah Nicols nominated for Technology Association of Georgia’s Diversity and Inclusion Award
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- People
- Communities
- Environment
- Governance and Compliance
Environmental Achievements
- Significant reduction in greenhouse gas (GHG) emissions due to remote working and reduced air travel
- Reduced office space footprint by 25,000 sq ft in Richmond headquarters
- Increased renewable energy share to 74% of total energy use
- Improved supplier response rates by over 40% for environmental compliance using Assent Compliance
Social Achievements
- Two women joined the senior leadership team
- Launched Women’s Information Network @ Sierra
- Delivered inclusive leadership training virtually to leaders globally
- Developed framework for Emerging Professionals employee resource group
- Implemented employee assistance programs (EAPs) in APAC
- Provided mental health presentations for US and Atlanta employees
- Supported community through partnerships with Environmental Youth Alliance and Canada Learning Code
Governance Achievements
- Publicly disclosed response to CDP Climate Change Questionnaire
- Integrated climate-related issues into company-wide risk management processes
- 100% of employees read and acknowledged Sierra Wireless Code of Business Conduct
- 98% of employees completed ethics training
Climate Goals & Targets
- Not disclosed
- Explore further sea freight options to reduce GHG emissions
- Refine corporate sustainability program and goals based on employee feedback
Environmental Challenges
- COVID-19 pandemic impacted operations and sustainability efforts
- Supply chain disruptions due to the pandemic
- Difficulties in organizing in-person employee well-being programs
- Increased concerns around mental health due to remote work
Mitigation Strategies
- Formed a cross-functional COVID-19 taskforce
- Adopted a remote-working policy
- Sourced personal protective equipment (PPE)
- Implemented strict health and safety protocols in the office
- Invested in employee assistance programs (EAPs)
- Organized virtual employee well-being programs
- Switched to sea-based shipments to reduce air freight
Supply Chain Management
Supplier Audits: 100% of suppliers completed RBA SAQ
Responsible Procurement
- Adherence to RBA Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001 (contract manufacturers)
Sustainable Products & Innovation
- XR Series (upgradeable, recyclable, energy-efficient)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Building sustainable communities
- Fostering equity, inclusion and diversity
- Reducing greenhouse gas (GHG) emissions
- Eco-design
- Reducing contribution to landfill
- Accelerate Supplier Sustainability
Environmental Achievements
- Defined and communicated GHG emissions reduction target
- Reduced office footprint at Richmond headquarters by relinquishing 25,000 sq ft from lease. Plans to match this in 2022 and reduce/eliminate Hong Kong office space.
- Retrofitted one work area in Richmond office with LED lighting to assess cost and energy savings.
- Tightened supply chain ISO processes and published a revised supplier handbook.
- Published a standalone environmental policy.
Social Achievements
- Achieved 20% women in senior management roles (goal set in 2019).
- 36% of new hires in 2021 were women.
- Relaunched two employee resource groups (ERGs) and debuted a third ERG.
- Conducted a pay equity review and reaffirmed fair pay.
- Delivered an Attraction, Recruitment and Selection (ARS) workshop to all hiring managers.
- Provided DEI-focused resources on corporate intranet.
- Six executive leadership team members attended a DEI workshop.
Governance Achievements
- Adherence to the Responsible Business Alliance’s (RBA) Code of Conduct, scoring a low-risk corporate rating.
- Conducted due diligence with suppliers to determine the extent of conflict minerals in supply chains.
- Improved data privacy and confidentiality through multi-factor authentication (MFA) and advanced threat protection (ATP).
- Adopted the EU General Data Protection Regulation (GDPR).
Climate Goals & Targets
- Not disclosed
- Develop a deployment framework for eco-design and conduct a trial run.
- Set new diversity, equity and inclusion goals.
- Reduce office footprint further in 2022.
- Improve representation of women in sales and engineering.
- Implement global online leadership and unconscious bias training.
Environmental Challenges
- Ongoing COVID-19 pandemic.
- Ransomware attack in March 2021.
- COVID-19 shutdown of manufacturing line at Jabil Vietnam.
- Global supply chain crisis.
- Pandemic-based disruption and chaotic supply chains constrained eco-design plans.
Mitigation Strategies
- Implemented business continuity plans and resumed normal operations within weeks of ransomware attack.
- Stood up a manufacturing line at a new site at Jabil Mexico when COVID-19 shut down the line in Vietnam.
- Mitigated the global supply chain crisis sufficiently to ship more products in Q4 2021 than in the previous three years.
- Tightened supply chain ISO processes and published a revised supplier handbook.
- Continued to gather signed commitments to the RBA Code of Conduct from suppliers.
Supply Chain Management
Supplier Audits: 100% of contract manufacturers and top 80% of purchase spending suppliers completed the RBA SAQ
Responsible Procurement
- RBA Code of Conduct
- ISO 14001 standards for contractors
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001 (suppliers)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed