Climate Change Data

Environmental Metrics

ESG Focus Areas

• Our People
• Our Communities
• The World

Environmental Achievements

• Reduced Total Recordable Incident Rate (TRIR) from 3.7 in 2019 to 2.3 in 2020.
• Partnered with a third party to improve energy sourcing and tracking.
• Became a partner of the U.S. Department of Energy Better Plants Program, committing to reduce energy intensity by 25% by 2030.
• Invested over $1.2 million in energy-efficient air filtration systems since 2020.

Social Achievements

• Launched Gibraltar University, a leadership development program.
• Implemented a comprehensive mandatory annual training program (20,000 hours in 2020).
• Temporarily converted manufacturing facilities to produce PPE and donated to local hospitals and healthcare facilities.
• Supported local food banks, resulting in over 3.3 million meals provided.

Governance Achievements

• Established a formal CSR priority assessment process.
• Implemented a comprehensive Code of Ethics and Statement of Policy with annual training for all employees and board members.
• Made zero contributions to political candidates, campaigns, and political action committees in 2020.

Climate Goals & Targets

Environmental Challenges

• Increased severity and frequency of extreme weather events.
• Increased volatility and reduced availability of key materials (steel, aluminum, resins).
• Enhanced reporting requirements (environmental product declarations).

Mitigation Strategies

• Maintaining inventory levels, strong SIOP process, and communication with supply chain partners.
• Monitoring commodity markets and negotiating with suppliers and customers.
• Investing in energy efficiency measures and procuring locally sourced renewable energy.
• Purchasing flood and property insurance, equipping facilities to minimize losses from natural disasters.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events impacting operations and supply chain.
• Damage to facilities and equipment.

Transition Risks

• Increased operating costs due to GHG emissions pricing.
• Increased production costs due to changing input prices.
• Volatility in energy costs.

Opportunities

• Growth of renewable energy.
• Controlled environment agriculture.
• Manufacturing of energy-saving products.

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 9001 (4 facilities), ISO 14001 (1 facility)

Third-party Assurance: SCS Global Services (limited assurance for Scope 1 and 2 emissions)

Sustainable Products & Innovation

• Renewable energy infrastructure technologies, controlled environment agriculture solutions, energy-efficient ventilation and outdoor living products.

Environmental Metrics

ESG Focus Areas

• Ethical Behavior
• Workplace Safety
• Product Quality and Safety
• Health and Wellness
• Environmental Sustainability
• Diversity and Inclusion
• Community Engagement

Environmental Achievements

• Decreased Energy Intensity by Net Sales (total energy consumption/net sales) from 64.7 MWh in 2020 to 59.4 MWh in 2021 – an 8.2% company-wide improvement
• Conducted the first comprehensive energy audits at seven manufacturing plants (66% of Gibraltar’s carbon emissions), identifying opportunities to reduce energy consumption and increase energy efficiency.

Social Achievements

• Evolved through a Board refresh process resulting in a broadening of board diversity in skills and tenure – achieved best in class demographics with 50% gender, racial or ethnic diversity
• Established the Gibraltar Sustainability Ambassador program in 2021
• Implemented a disciplined safety management and reporting process

Governance Achievements

• Released inaugural report in alignment with TCFD (December 2021)
• Conducted a materiality assessment to set the stage for the inaugural report and outline priorities for future disclosure
• All employees and Board of Directors completed annual training on ethics and compliance.

Climate Goals & Targets

Environmental Challenges

• Increased severity and frequency of extreme weather impacting operations and supply chain.
• Increased volatility and reduced availability of key materials (steel, aluminum, resins) due to climate change and regulations.
• Enhanced reporting requirements for environmental product declarations.

Mitigation Strategies

• Maintaining manufacturing and service redundancy, equipped locations to minimize production disruption, flood insurance.
• Monitoring commodity markets, negotiating with suppliers and customers, improving SIOP process.
• Strategic partnerships for technical support (Better Plants program), energy management plans, and employee training.

Supply Chain Management

Responsible Procurement

• Gibraltar Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Increased severity and frequency of extreme weather
• Supply chain disruptions

Transition Risks

• Increased operating costs due to GHG emissions pricing
• Increased production costs due to changing input prices
• Abrupt and unexpected shifts in energy costs

Opportunities

• Growth of renewable energy
• Controlled environment agriculture
• Manufacturing of energy-saving products

Reporting Standards

Frameworks Used: TCFD, GRI

Certifications: ISO 9001 (four facilities)

Third-party Assurance: SCS Global Services (limited assurance for Scope 1 and 2 emissions)

Sustainable Products & Innovation

• Flexible solar infrastructure technologies
• Greenhouse structures and growing equipment systems
• Ventilation and outdoor living solutions

Environmental Metrics

ESG Focus Areas

• Ethical Behavior
• Workplace Safety
• Product Quality and Safety
• Health and Wellness
• Climate Change Action

Environmental Achievements

• Completed installation of a rooftop solar array at Terra smart office in Fort Myers, Florida
• Conducted an intensive three-day “Energy Treasure Hunt” to identify operational and maintenance efficiency improvements

Social Achievements

• Provided paid time off and organized activities for employees to volunteer with local and national charities
• Invested in over 25,000 hours of training in Safety, Cybersecurity, Leadership, and Workforce Technology Solutions

Governance Achievements

• Implemented a disciplined safety management and reporting process
• Launched a reimagined leadership development program

Climate Goals & Targets

Environmental Challenges

• Increased severity and frequency of extreme weather
• Increased volatility and reduced availability of key materials
• Enhanced reporting requirements

Mitigation Strategies

• Developed incident response plans at each business unit
• Implemented enterprise resource planning systems and a corporate-wide SIOP process
• Actively participate in the Better Plants Program

Supply Chain Management

Responsible Procurement

• Gibraltar Supplier Code of Conduct
• Gibraltar Supplier Handbook

Climate-Related Risks & Opportunities

Physical Risks

• Increased Severity and Frequency of Extreme Weather
• Increased Volatility and Reduced Availability of Key Materials

Transition Risks

• Enhanced Reporting Requirements

Opportunities

• Growth of Renewable Energy
• Controlled Environment Agriculture
• Manufacturing of Energy-Saving Products

Reporting Standards

Frameworks Used: GRI Standards, TCFD

Certifications: ISO 9001 (two manufacturing facilities)

Sustainable Products & Innovation

• Flexible solar infrastructure technologies
• Greenhouse structures and growing equipment systems
• Ventilation and outdoor living solutions