Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Environmental Stewardship
• Employee Well-being
• Community Investment
• Governance
• Data Security
• Supply Chain Responsibility

Environmental Achievements

• Avoided over 680,000 metric tons of GHG emissions through Digital Flare Mitigation® technology.
• Generated over 635,000 MWh of electricity by harnessing stranded energy.
• Expanded to 33 DFM™ sites across 6 states, including 12 new deployments.
• Prevented over 5.4 billion cubic feet of natural gas from flaring, avoiding over 8,500 metric tons of methane emissions.
• Reduced flaring by over 85 million cubic feet across 2 sites in Argentina through partnership with Unblock Computing.

Social Achievements

• Introduced the "FOCUS" program on workplace hazard identification and mitigation.
• Maintained a low Total Recordable Injuries Rate of 1.56.
• Reached over 3 million safe miles driven by employees.
• Provided over 1,900 total hours of leadership training.
• Increased community involvement through corporate volunteer programs and philanthropic donations.
• 85% of employees satisfied or very satisfied with benefits package.

Governance Achievements

• Established an Audit Committee and a Compensation and Talent Committee.
• Achieved SOC 2 Type 1 and implemented enhanced data security policies and protocols.
• Joined the World Economic Forum and the Global Methane Initiative.
• Sold first Sustainable Bitcoin Certificates.

Climate Goals & Targets

Environmental Challenges

• Growing energy demand from AI and computing.
• Need to reduce GHG emissions from energy consumption.
• Potential physical risks from climate change to operations and employees.

Mitigation Strategies

• Energy-first approach to developing a sustainable AI cloud platform.
• Harnessing wasted, stranded, and clean energy sources.
• Expanding computing infrastructure powered by otherwise flared gas and renewable energy.
• Developing operating procedures to mitigate potential physical impacts of extreme weather.
• Designing DFM™ systems to operate in a wide temperature range.

Supply Chain Management

Responsible Procurement

• Incorporating sustainability questions in RFPs.
• Including diverse suppliers in RFPs.
• Standard agreement terms with clauses on regulatory and environmental responsibility.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme temperatures and weather events impacting field operations.

Opportunities

• Expanding DFM™ technology to other regions.
• Developing DRO™ approach to encourage renewable energy generation.

Reporting Standards

Frameworks Used: GRI Universal Standards, GHG Protocol Corporate Accounting and Reporting Standard, SASB, TCFD, ISSB, UN Sustainable Development Goals

Certifications: SOC 2 Type 1

Third-party Assurance: Emitwise

Sustainable Products & Innovation

• Digital Flare Mitigation® (DFM™) technology
• Digital Renewable Optimization® (DRO™) solution

Awards & Recognition

• Fast Company’s 2023 World Changing Ideas Awards (honorable mention)
• 2024 Big Innovation Award in the Energy product category for Digital Flare Mitigation®