Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Disruptions in manufacturing, shipping and transportation of products due to the COVID-19 pandemic.
• Supply chain disruptions due to the COVID-19 pandemic, including raw material, storage, and shipping costs.
• Negative impacts to pricing of certain components of products as a result of the COVID-19 pandemic.

Mitigation Strategies

• Increased prices of products (with no assurance of consumer acceptance).
• Use of air freight to mitigate delays in inventory orders and deliveries.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Increased frequency of extreme weather (storms and floods) could cause increased incidence of disruption to the production and distribution of our products and an adverse impact on consumer demand and spending.

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Logistical challenges related to supply chain disruptions and delays
• Impacts of inflationary pressures
• Impacts of the COVID-19 pandemic on supply chains, logistics, and raw material availability
• Potential negative impacts of climate change on raw material prices and availability, and increased frequency of extreme weather events

Mitigation Strategies

• Increased use of air freight to mitigate shipping delays
• Pricing adjustments to mitigate inflationary pressures
• Ongoing monitoring of the COVID-19 pandemic and its potential impact on business operations
• No specific mitigation strategies for climate change are mentioned

Supply Chain Management

Responsible Procurement

• Multiple sources for each input to limit dependency on any single vendor; no supplier makes up more than 10% of total purchases

Climate-Related Risks & Opportunities

Physical Risks

• Increased frequency of extreme weather (storms and floods) could cause disruption to production and distribution