Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Climate Change
• Circular Economy
• Human Capital Management

Environmental Achievements

• Entered into an agreement with AAR CORP to create Serviceable Engine Products, an exclusive seven-year CFM56 used serviceable material (USM) partnership aiming to build USM inventory for the global aviation aftermarket and reduce carbon footprint.
• Joint venture with Clean Planet Energy to develop Clean Planet Energy USA ecoPlants to convert non-recyclable waste plastics into ultra-clean fuels and oils.
• Acquired a 50% interest in Aleon Renewable Metals LLC and a 1% interest in Gladieux Metals Recycling for lithium-ion battery recycling.
• Long Ridge Energy Terminal plans to transition its 485 MW combined-cycle power plant to run on carbon-free hydrogen.
• Invested in CarbonFree to capture carbon from industrial emitters and convert it to beneficial products.

Social Achievements

• Focus on employee engagement and creating a diverse, inclusive, and safe workplace.
• Approximately 600 employees at certain subsidiaries.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic's impact on air travel demand and lessee financial health.
• Potential for contractual defaults by lessees.
• Oversupply of assets in certain sectors.
• Fluctuating energy prices.
• Environmental regulations and climate change impacts.
• Cybersecurity risks.
• Risks associated with operations in emerging markets.

Mitigation Strategies

• Implementing measures to protect employee health and safety, including remote work.
• Maintaining maintenance reserves and security deposits to mitigate lessee defaults.
• Diversifying asset portfolio to avoid overconcentration in any one segment.
• Utilizing fuel surcharges to offset fuel price increases.
• Announcing sustainability-focused investments and initiatives.
• Devoting substantial resources to maintaining adequate levels of cybersecurity.
• Careful evaluation of potential acquisitions in emerging markets.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather, flooding, natural disasters

Transition Risks

• Regulatory changes, market shifts, increased environmental legislation

Opportunities

• Development of energy-efficient products, waste plastic to renewable fuel, hydrogen-fueled power plant

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Waste plastic-to-fuel plants, lithium-ion battery recycling, hydrogen-fueled power plant

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Decarbonizing the transportation sector
• Growing renewable footprint

Environmental Achievements

• Invested in Carbonfree to capture carbon from industrial emitters and convert it to beneficial products that also sequester the carbon permanently
• Evaluating potential solar and wind power generation opportunities at Repauno
• Agreement with Newlight Technologies for a facility at Long Ridge to develop AirCarbon, a carbon-negative, biologically degradable molecule that replaces plastic
• Announced joint effort with RiseLight to develop a marine cable manufacturing facility at Repauno to bring renewable electricity from offshore wind generation
• First hydrogen blending began in March 2022 at Long Ridge 485MW power plant
• A 27% ownership in Aleon Metals to develop a lithium-ion battery recycling business across the U.S.
• Joint venture with Clean Planet Energy to develop Clean Planet Energy USA ecoPlants to convert non-recyclable waste plastics into ultra-clean fuels and oils
• Exclusive seven-year partnership with AAR to build CMF56 USM inventory, projected to achieve an 84% reduction in carbon emissions compared to a standard CFM56 shop visit

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• AirCarbon
• Used Serviceable Material (USM) for CFM56 engines

Environmental Metrics

ESG Focus Areas

• Sustainability
• Human Capital Management

Environmental Achievements

• Partnership with AAR CORP. to maximize the life of engine assets and reduce carbon footprint (Serviceable Engine Products)

Social Achievements

• Focus on creating a diverse, inclusive, and safe workplace with opportunities for employee growth and development.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Exposure to environmental risks, including natural disasters, increasing environmental legislation and the broader impacts of climate change.
• Increasing attention to corporate ESG initiatives could also result in increased investigations and litigation or threats thereof.

Mitigation Strategies

• Announced sustainability-focused investments, partnerships and other initiatives and goals.
• 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