Bri-Chem Corp.
Climate Impact & Sustainability Data (2023, 2023-06-30)
Reporting Period: 2023
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Slowing of the North American drilling fluids market post COVID resurgence
- Supply chain disruption
- Changes in customer demand
- Stock price volatility
- Increased competition
- Potential environmental liability
Mitigation Strategies
- Strategically reducing inventory levels
- Enhancing credit and collection procedures
- Maintaining compliance with current environmental standards
- Monitoring practices concerning the handling of environmentally hazardous materials
Supply Chain Management
Responsible Procurement
- Superior products, pricing, availability and technical support
Climate-Related Risks & Opportunities
Transition Risks
- Regulatory and policy change
- Reputational concerns
Reporting Period: 2023-06-30
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Volatility in crude oil prices due to macroeconomic uncertainty impacting global and local economy and global oil demand.
- Potential non-compliance of lending covenants due to decline in commodity pricing.
Mitigation Strategies
- Stress testing of liquidity position to meet commitments.
- Development of mitigation actions to respond to sudden revenue reductions.
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: IFRS, SASB
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed