Radiant Logistics, Inc.
Climate Impact & Sustainability Data (2022, 2023-07 to 2024-06)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Long-term member of the U.S. Environmental Protection Agency’s SmartWay Transport Partnership
Social Achievements
- Involvement in humanitarian aid initiatives (Ukraine, COVID-19 medical supplies, Operation Fly Formula)
Governance Achievements
- Established clear accountabilities within the board and management team for ESG initiatives; engaged a third-party consultant to assist with ESG reporting.
Climate Goals & Targets
Long-term Goals:
- Net zero emissions (implied)
Medium-term Goals:
- Developing SBTi-aligned targets
Short-term Goals:
- GHG Inventory and Carbon Accounting; Evaluating feasibility of ISO 14001 EMS certification; Further increasing transparency and public disclosures around ESG initiatives and activities.
Environmental Challenges
- Continued uncertainty associated with the lingering pandemic and global geopolitical turmoil; inflation, labor shortages, and a slowing economy eroding pricing power of asset-based carriers; restatement of previously issued financial statements.
- Cybersecurity attack (ransomware incident) resulting in revenue loss and incremental costs.
Mitigation Strategies
- Implemented additional processes and resources to remediate material weaknesses in internal control over financial reporting; strengthened security tooling, implemented MFA, and accelerated roadmap to improve security monitoring and response.
- Developing an annual Corporate Social Responsibility (CSR) Report to share corporate responsibility goals, efforts, and progress with all stakeholders.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SBTi
Certifications: ISO 14001 EMS
UN Sustainable Development Goals
- SDG 13: Climate Action
- SDG 17: Partnerships for the Goals
Minimizing environmental impact through compliance with environmental laws and participation in SmartWay Transport Partnership; partnerships with humanitarian and government agencies for aid and relief efforts.
Awards & Recognition
- Newsweek Magazine - One of the most trusted companies in America in 2022
Reporting Period: 2023-07 to 2024-06
Environmental Metrics
Total Carbon Emissions:5951 tCO2e/year (2023)
Scope 1 Emissions:4930 tCO2e/year (2023)
Scope 2 Emissions:1020 tCO2e/year (2023)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:34.8% (2023)
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:4.4 metric tons CO2e per million $USD (2022); 5.5 metric tons CO2e per million $USD (2023)
ESG Focus Areas
- Climate Change
- Labor Practices
- Employee Health & Safety
- Diversity & Equal Opportunity
- Community Engagement
- Compliance
- Supply Chain Management
Environmental Achievements
- Reduced GHG emissions from 6,472 metric tons CO2e in 2022 to 5,951 metric tons CO2e in 2023 (-8.1%)
- Maintained renewable energy share at approximately 34% in both 2022 and 2023.
Social Achievements
- Supported 45 collaborative projects benefiting over 350,000 people in Washington state through the American Heart Association partnership.
- Held a 'Field Day' event to promote employee well-being and raise funds for charity.
- Management positions are 37.7% female, and executive management positions are 26.2% female.
Governance Achievements
- Established an ESG Steering Committee and Task Force to oversee sustainability initiatives.
- Integrated ESG risks and opportunities into quarterly Board of Directors meetings.
- Implemented a Code of Ethics and Corporate Governance Principles.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Expand renewable energy use
Short-term Goals:
- Develop climate goals and targets (2025)
Environmental Challenges
- Measuring Scope 3 emissions across the value chain.
- Expanding transparency in the supply chain.
- Managing cybersecurity threats and protecting data.
Mitigation Strategies
- Actively collecting data to expand Scope 3 emissions inventory.
- Exploring options for a Responsible Supplier Program.
- Implementing a robust cybersecurity and risk management program aligned with NIST CSF.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Exploring options for a Responsible Supplier Program.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme Weather Events
Transition Risks
- Policy change, technology updates, market shifts
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: ISSB, SASB, TCFD, GRI, UN SDGs
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Mapped to UN SDGs on pages 8 and 9 of the report.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed