Climate Change Data

Enerpac Tool Group Corp. (ETG)

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

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:71,040 GJ (Fiscal 2022, 25 largest locations)
Water Consumption:Not disclosed
Waste Generated:73 tons of cardboard recycled (2023)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental Sustainability
  • Employee Safety and Engagement
  • Integrity

Environmental Achievements

  • Conducted first waste audit at main manufacturing facility, recycling 73 tons of cardboard.
  • Established a cross-functional ESG council.
  • Added a full-time sustainability role.
  • Initiated sustainability projects to enhance energy efficiency and waste reduction.

Social Achievements

  • Improved safety metrics compared to NAICS averages.
  • Offered comprehensive training programs at Enerpac Academy.
  • Provided competitive compensation and benefits, including parental leave.
  • Launched Employee Resource Groups (ERGs).

Governance Achievements

  • Conducted an ESG audit with RSM, identifying key priorities.
  • Implemented mandatory annual compliance training.
  • Established a compliance and values hotline.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Shifts in customer demand impacting certain sectors.
  • Extreme weather potentially impacting operations.
  • Need for accurate baseline data for future goal setting.
Mitigation Strategies
  • Maintaining a balanced customer portfolio and investing in alternative energy markets.
  • Promoting business continuity and assessing weather-related risks.
  • Collecting, collating, and analyzing energy usage data; conducting energy audits.

Supply Chain Management

Supplier Audits: Supplier risk assessment including compliance initiatives and Supplier Code of Conduct.

Responsible Procurement
  • Supplier Code of Conduct addressing anti-corruption, health and safety, anti-discrimination, labor and employment matters.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
Transition Risks
  • Shifts in customer demand
Opportunities
  • Growth in alternative energy markets
  • Demand for energy-efficient equipment

Reporting Standards

Frameworks Used: TCFD, SASB

Certifications: ISO 9001, ISO 14001 (three of four largest manufacturing facilities)

Third-party Assurance: RSM (audit)

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Battery-powered tools
  • Energy-efficient tools
  • Tools for renewable energy systems

Awards & Recognition

  • Not disclosed