Viad Corp
Climate Impact & Sustainability Data (2022-Q1)
Reporting Period: 2022-Q1
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Impact of the COVID-19 pandemic on financial condition, liquidity, and cash flow
- General economic uncertainty in key global markets
- Travel industry disruptions
- Labor shortages, turnover, and labor cost increases
- Transportation disruptions and increases in transportation costs
- Natural disasters, weather conditions, accidents, and other catastrophic events
- Cybersecurity attacks and threats
- Currency exchange rate fluctuations
- Compliance with laws governing the storage, collection, handling, and transfer of personal data
Mitigation Strategies
- Refreshing of assets and revenue management
- Disciplined expense management
- Efforts to remove fixed costs and variabilize GES’ cost structure