H2O Innovation
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:55 tons CO2e/year (reduction)
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduced 2,500T CO2 in the last five years by maple sap concentrator equipment sales
- 55T Annual CO2 emissions reduction as a result of shipping our concentrated dendrimer versus standard antiscalant chemicals
Social Achievements
- Increased women in H2O Innovation to 67% in 2019, 74% in 2020, with a goal of 80% in 2023
- Increased women in management roles to 23%
Governance Achievements
- Implemented a comprehensive set of practices and policies that commit to providing transparency, confidence, dedication and appropriate control for our stakeholders.
- 2/8 Directors are women, including the Chair of the Board
- 7/8 Directors are independent including the Chairwoman and all members of the Audit and Gov., Rem. & ESG Committees
Climate Goals & Targets
Long-term Goals:
- Commit to reaching net zero carbon emissions by 2040
Medium-term Goals:
- Increase women and minority diversity of H2O Innovation employees
Short-term Goals:
- Reduce the company’s Total Recordable Incident Rate (TRIR) to <1.0 by 2025
- Increase engagement index to 80%
Environmental Challenges
- Cybersecurity threats
Mitigation Strategies
- Solid mitigation plan in place that includes extensive training for all employees, simulated attacks to test for weak points, and significant tracking of risky activity
Supply Chain Management
Responsible Procurement
- Suppliers Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB, MSCI, SDGs