DMC Global Inc.
Climate Impact & Sustainability Data (2021, 2022)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:3,210 tCO2e
Scope 1 Emissions:3,210 tCO2e
Scope 2 Emissions:4,290 tCO2e
Renewable Energy Share:6.9%
Total Energy Consumption:82,578 GJ
Water Consumption:18,060 m3
Waste Generated:9,986 tons
Carbon Intensity:0.00003 tCO2e/$ of revenue
ESG Focus Areas
- Safety
- Diversity, Equity and Inclusion
- Cybersecurity
- Digitalization
- Environmental Stewardship
- Responsible Sourcing
- Community Engagement
- Governance
Environmental Achievements
- Zero environmental incidents in 2021
- 6.9% renewable energy use
- 20.9% renewable electrical use
- 2,658 tons of recycled metals used
Social Achievements
- Completed first pay equity study of U.S. employees
- Adopted Diversity, Equity and Inclusion Policy
- 27,833 hours of safety training completed (average 58 hours per employee)
- NobelClad Europe achieved over 800 days without a Lost-Time Incident
- Various community engagement initiatives across multiple locations
Governance Achievements
- Continued advancement of cybersecurity maturity
- Implemented vulnerability management and incident detection and response tools and processes
- No material cybersecurity breach
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Expand pay equity study to non-U.S. and Arcadia employees
- Further diversity and inclusion efforts with in-person training
- Accelerate digitalization initiatives
Short-term Goals:
- Debt reduction
- Arcadia integration
- Improve 3-year average Lost-Time Incident Rates (LTIR) and Total Recordable Incident Rates (TRIR)
Environmental Challenges
- COVID-19 pandemic impacts on operations and employee well-being
- Supply chain disruptions
- Increasingly complex regulatory and business environments
- Climate change related physical and transition risks (extreme weather, regulatory changes)
Mitigation Strategies
- Adherence to health and safety protocols
- Daily digital health surveys
- Emphasis on employee assistance programs
- Voluntary COVID-19 vaccine programs
- Risk assessment and mitigation strategies for extreme weather
- Monitoring of climate-related transition risks
- Engagement with stakeholders to understand needs and concerns
Supply Chain Management
Responsible Procurement
- Ethical sourcing commitments
- Conflict Minerals Policy
- Human Rights Policy
- Supplier onboarding processes (due diligence questionnaires, credit checks, compliance reviews)
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (hurricanes, tornadoes, flooding)
Transition Risks
- Regulatory changes
- Market shifts
- Increased costs of compliance
Opportunities
- Development of energy-efficient products
- New products or businesses related to alternative energy
Reporting Standards
Frameworks Used: GRI Core Standards, SASB, TCFD
Certifications: ISO 45001:2018
Sustainable Products & Innovation
- DynaEnergetics IS2™ and DS systems
- NobelClad DetaPipe™
Awards & Recognition
- IME Award of Safety (DynaEnergetics)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:13836 tCO2e
Scope 1 Emissions:5,706 tCO2e
Scope 2 Emissions:8,130 tCO2e
Renewable Energy Share:11.1%
Total Energy Consumption:185,546 GJ
Water Consumption:118,810 m3
Waste Generated:3470 tons (landfill)
Carbon Intensity:0.00002 tCO2e/$ of Revenue
ESG Focus Areas
- Safety
- Energy Conservation
- Raw Material and Waste Management
- Employee Development
- Community Engagement
Environmental Achievements
- NobelClad reduced annual cutting-related energy consumption by 58%.
- DynaEnergetics' perforating guns use less metal and plastic.
- DynaEnergetics' packaging programs are expected to reduce annual cardboard consumption by 70% (237,000 pounds).
Social Achievements
- NobelClad's Liebenscheid facility completed 2022 without a single lost-time or recordable incident.
- DMC completed diversity, inclusion, and harassment training for all U.S.-based employees.
- Arcadia implemented biannual harassment training for all employees.
Governance Achievements
- DMC rolled out its Code of Ethics to all Arcadia locations.
- Live Code of Ethics training was provided to approximately 954 employees.
- Targeted compliance training continued, focusing on anti-bribery, anti-corruption, insider trading, and cybersecurity.
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions (not explicitly stated as a long-term goal, but implied through various initiatives)
Medium-term Goals:
- Complete Phase 1 of Arcadia’s ERP system
- Finish implementation of an ERP system for NobelClad
- Continue capacity expansion projects in Arcadia and NobelClad
- Broaden Arcadia’s participation in sustainability and environmental certification processes
Short-term Goals:
- Optimize DynaEnergetics product designs and manufacturing processes to decrease material usage and increase manufacturing efficiency
- Accelerate the integration of Arcadia
- Improve DMC’s cash flow
- Continue NobelClad’s efforts to innovate in applications and materials
Environmental Challenges
- Supply chain disruptions
- Fluctuations in customer demand
- Fluctuations in foreign currencies
- Fluctuations in tariffs and quotas
- Cost and availability of energy
- Cyclicality of businesses
- Competitive factors
- Geopolitical and economic instability
- Inflation
- Supply chain delays and disruptions
- Transportation disruptions
- General economic conditions
Mitigation Strategies
- Deleveraging and building cash reserves
- Targeted and strategic capital investment
- Enterprise risk planning systems in Arcadia and NobelClad
- Securing access to NobelClad’s Konigzug shooting site
- Improving DMC’s cash flow through cost and capital discipline and operating excellence
- Focusing on highest return on investment (ROI) initiatives
- Strengthening relationships with suppliers to ensure continuity of supply
- Ensuring suppliers are aligned with ethical sourcing commitments
Supply Chain Management
Responsible Procurement
- Ethical sourcing commitments
- Compliance with Conflict Minerals Policy
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (hurricanes, tornadoes, extreme heat/cold)
- Flooding
- Damage to roads and worksites
- Facility damage
- Harm to employee health
Transition Risks
- Policy and legal risks
- Disclosure obligations
- Environmental and climate-related regulations
- Increased operational expenditures
- Escalated transportation costs
- Surging fuel and energy expenses
- Potential power disruptions
- Regulations curbing oil and gas activities
- Reputational challenges
Opportunities
- Development of more streamlined and cost-efficient products
- New applications and markets
- Opportunities in alternative energy (concentrated solar power, wind, hydrogen, geothermal)
Reporting Standards
Frameworks Used: GRI Core Standards, SASB, TCFD
Sustainable Products & Innovation
- DynaSlot™ (well sealing)
- Cylindra™ (cryogenic transition joints)
- DetaPipe™ (corrosion-resistant pipe)
- Energy-efficient aluminum and steel framing systems (Arcadia)
- Red List Free products (Arcadia)