Mawson Infrastructure Group Inc.
Climate Impact & Sustainability Data (2021-10 to 2021-12, 2022, 2022-07-01 to 2022-09-30, 2023, FY2022, October 2022, Q1 2023)
Reporting Period: 2021-10 to 2021-12
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:~75%
Total Energy Consumption:350 MWh (contracted capacity)
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Net Zero Carbon
- Sustainable Energy
- Social Engagement
- Responsible Governance
Environmental Achievements
- 22,277 Tonnes of CO2 Offsets purchased in 2020; 2021 carbon footprint assessment underway; ~75% sustainable/non-carbon emitting energy mix; 100,000 Trees Planted by the end of 2022
Social Achievements
- Platinum sponsor of School Athletics Programs; Mawson Group Academic Scholarship; Mawson and Brentwood School Career Pathways Program; Christmas Tree giveaway; Washington County Regional Medical Centre support (Georgia); Mawson supporter of Buhl Park (Pennsylvania); Community College Beaver County Scholarship Program (Pennsylvania); Lincoln Park Performing Arts Centre Supporter (Pennsylvania); Beaver Falls Park sponsorship (Pennsylvania); Heritage Valley Health System Supporter (Pennsylvania)
Governance Achievements
- Independent Board of Directors; Code of Ethics and Business Conduct; Audit & Remuneration Committee
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Net Zero Carbon by 2030
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
- Sustainable energy infrastructure
- Bitcoin mining
- Digital infrastructure
- Shareholder returns
Climate Goals & Targets
Environmental Challenges
- Volatility in the value and prices of cryptocurrencies
- Further or new regulation of digital assets
- Costs associated with digital asset mining
- Construction delays
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2022-07-01 to 2022-09-30
Environmental Metrics
ESG Focus Areas
- ESG focused Bitcoin mining and digital infrastructure
Climate Goals & Targets
Medium-term Goals:
- Expand Bitcoin Self-Mining and Hosting Co-location operations to 8.0 Exahash by Q4, 2023
Short-term Goals:
- Expand Bitcoin Self-Mining and Hosting Co-location operations to 4.5 Exahash by Q1, 2023
Supply Chain Management
Climate-Related Risks & Opportunities
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:120 MW (Midland facility) + 120 MW (Sharon facility under development) = 240 MW (total)
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Sustainable energy infrastructure
- Bitcoin mining
Environmental Achievements
- Expanded Midland, PA facility to 120 MW capacity, utilizing sustainable energy infrastructure (implied)
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Incremental online capacity at Sharon, PA facility through 2023 and 2024
Short-term Goals:
- 100% online at Midland facility in early Q2 2023
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: FY2022
Environmental Metrics
Total Carbon Emissions:40,734 tonnes CO2 avoided (through Demand Response)
Renewable Energy Share:100% carbon-free (for mining operations)
ESG Focus Areas
- Net Zero Carbon
- Socially Engaged
- Governance Framework
Environmental Achievements
- 40,734 Tonnes of CO2 emissions avoided through Energy Demand Response Programs
- All energy used in hosting and self-mining is carbon free (relates only to direct power usage for mining operations)
- 100,000 Trees Planted by the end of 2022
Social Achievements
- Platinum sponsor of School Athletics Programs
- Mawson Group Academic Scholarship
- Mawson and Brentwood School Career Pathways Program
- Christmas Tree giveaway
- Washington County Regional Medical Centre
- Mawson supporter of Buhl Park (community park)
- Community College Beaver County Scholarship Program
- Lincoln Park Performing Arts Centre Supporter
- Beaver Falls Park sponsorship
- Heritage Valley Health System Supporter
Governance Achievements
- Independent Board of Directors
- Code of Ethics and Business Conduct
- Audit & Compensation Committee
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: October 2022
Environmental Metrics
ESG Focus Areas
- Sustainable energy infrastructure
- ESG focused Bitcoin mining and digital infrastructure
Environmental Achievements
- Sale of Sandersville, Georgia facility, expected to result in an unaudited profit on sale of approximately $18 million
Climate Goals & Targets
Medium-term Goals:
- Expand Bitcoin Self-Mining and Hosting Co-location operations to 8.0 Exahash by Q4, 2023
Short-term Goals:
- Expand Bitcoin Self-Mining and Hosting Co-location operations to 4.5 Exahash by Q1, 2023
Environmental Challenges
- Tough economic climate
Mitigation Strategies
- Diversified revenue model
- Focus on Pennsylvania facilities with low energy costs and large-scale expansion opportunities
- Continued expansion of Energy Markets Program
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: Q1 2023
Environmental Metrics
ESG Focus Areas
- Net Zero Carbon
- Social Engagement
- Governance
Environmental Achievements
- 4,134 tonnes of CO2 emissions avoided through Energy Demand Response Programs in Q1
Social Achievements
- Mawson supporter of Buhl Park (community park), Community College Beaver County Scholarship Program, Lincoln Park Performing Arts Centre Supporter, Library Park, Beaver Falls sponsorship, Heritage Valley Health System Supporter
- 100,000 Trees Planted to date
Governance Achievements
- Independent Board of Directors
- Code of Ethics and Business Conduct
- Audit & Compensation Committee
- Member of Ohio Manufacturers Association (OMA)