TTI, Inc.
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:23,470 metric tons CO2 (Scope 1 and 2)
Scope 1 Emissions:3,077 metric tons CO2
Scope 2 Emissions:20,393 metric tons CO2
Water Consumption:29,173,586 gallons
Waste Generated:393,042 pounds
Carbon Intensity:2.61 metric tons CO2 / millions of revenue in USD
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- 10% Reduction in Carbon Emission Intensity from 2021-2022
- 26% Reduction in water usage from 2021-2022
- 30% Reduction in solid waste from 2021-2022
Social Achievements
- Launched a workplace giving program with employee matching up to $250 annually in the US
- Initiated a volunteer paid time off benefit, giving employees eight hours of paid time off per year to volunteer
- Supported Ukrainian refugees with financial assistance, living arrangements, and basic needs
Governance Achievements
- Awarded first global EcoVadis bronze medal.
- Established a global ESG management system plan
- Completion and Distribution of our Global Supplier Code of Conduct
Climate Goals & Targets
Long-term Goals:
- Completion of our first ISO-26000 audit of our ESG management system in 2024
Medium-term Goals:
- Achieving a silver medal in the annual EcoVadis assessment
Short-term Goals:
- 15% Reduction in Carbon Intensity from 2022-2026
- 15% Reduction in Water Usage from 2022-2026
- 15% Reduction in Solid Waste Produced from 2022-2026
Environmental Challenges
- Slowing growth in the overall global market as supply chains tighten, lead times stabilize and customer demand levels off.
Mitigation Strategies
- Ongoing dedication to the safety and quality of our environment and equal access of opportunity for all people in a spirit of acceptance, equity and inclusion.
Supply Chain Management
Supplier Audits: 1000+ suppliers received Supplier Code of Conduct
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ISO 26000, ISO 14001
Certifications: ISO 14001
Third-party Assurance: EcoVadis
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:17,899 metric tons CO2e (Scope 1 and 2)
Scope 1 Emissions:2,826 tCO2e
Scope 2 Emissions:15,073 tCO2e
Water Consumption:34,087,398 gallons
Waste Generated:334,369 tons
Carbon Intensity:1.92 metric tons of CO2 / total employee headcount
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Increased ISO-14001 certifications for distribution centers from 47% in 2022 to 71% in 2023.
- Reduced solid waste intensity by 16% from 2022 to 2023.
- Mouser and Analog Devices partnership with One Tree Planted resulted in planting 100,000 trees in Europe and 50,000 in the US.
Social Achievements
- Released first global Labor and Human Rights Policy and updated global Combatting Modern Slavery and Trafficking Policy.
- 99% completion rate of employee performance evaluations.
- Donated $888,811 in charitable contributions and matched $29,140 in employee contributions.
Governance Achievements
- 94% completion rate of global anti-bribery and anti-corruption training.
- First global Supplier Code of Conduct sent to over 1000 suppliers.
- Revised Supplier Quality Requirements Manual to include ESG expectations.
Climate Goals & Targets
Short-term Goals:
- 15% reduction in carbon headcount intensity from 2022-2026
- 15% reduction in water intensity from 2022-2026
- 15% reduction in solid waste intensity from 2022-2026
Environmental Challenges
- Increasing total emissions due to acquisitions and increased business demand.
- Need to expand water and solid waste tracking to all global distribution centers.
- Managing ESG regulatory compliance across global operations.
Mitigation Strategies
- Contracted with Gravity Climate for energy and carbon management, including renewable energy exploration and emission tracking.
- Expanding ISO-14001 certifications and implementing a global EMS.
- Developing and implementing a strong ESG due-diligence program for customers and suppliers.
Supply Chain Management
Responsible Procurement
- Global Supplier Code of Conduct
- Supplier Quality Requirements Manual
- Third-party due diligence
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ISO 26000, ISO 14001, UNGC
Certifications: ISO 14001, ISO 27001