Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental sustainability
• Workplace diversity and inclusion
• Corporate governance

Environmental Achievements

• The adoption of its product helps to reduce carbon emissions by allowing users to live experiences at home or in a local environment, or by creating simulation and training experiences for users in the aerospace, heavy equipment, car racing and defence markets, among other, enabling them to achieve the same results as if they were in the field.

Social Achievements

• Increased diversity among its employees by considering representation by women and members of designated groups when selecting candidates for employment.
• Appointment of Zrinka Dekic to the Board of Directors, bringing nearly 20 years of entertainment industry and financial markets experience.
• Appointment of Tripp Wood as Vice President of Sales, Home Entertainment.
• Appointment of Karen Mendoza as Vice President, Sales, Commercial Entertainment.

Governance Achievements

• Hired COESIO, a consulting firm specialized in strategic planning and management of sustainable development practices, to help identify, integrate and measure sustainable development practices.
• Robert Desautels, Chief Technology Officer of D-BOX, appointed Chairman of the Board and President of the Haptics Industry Forum.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic and related restrictions impacting commercial entertainment venues and potentially causing reduced demand, sales, and supply chain issues.
• Uncertainty related to the magnitude and duration of the COVID-19 pandemic, as well as the impact of supply chain and the rising costs of electronic components.

Mitigation Strategies

• Not disclosed

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: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environment and Sustainability
• Wellbeing
• Diversity
• Ethics

Environmental Achievements

• Adopted Guidelines for the Implementation of Principles for Management of Enterprises and Other Organizations (BNQ 21000 standard)
• Takes steps to recycle cardboard, paper and plastic, reduce paper use, restrict hazardous substances, and adopt a hybrid work model.

Social Achievements

• Created a sustainability committee (April 2021)
• Hired COESIO consulting firm to analyze sustainability performance and create a strategic plan
• Established initiatives to improve employee morale, job satisfaction, work-life balance, camaraderie, and professional development (including virtual healthcare platform, ergonomic workstations, and training subsidies).

Governance Achievements

• Adopted a code of conduct guided by 10 principles (including compliance with laws, conflict of interest avoidance, and diversity promotion)
• Adopted ethical guidelines for suppliers (covering fair trade, business integrity, labor standards, etc.)

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions
• Global health crises (COVID-19)
• Political, social, and economic conditions
• Dependence on suppliers
• Indebtedness
• Future funding requirements
• Access to content
• Performance of content
• Distribution network
• Concentration of clients
• Competition
• Technology standardization
• Exchange rate fluctuations
• Warranty, recalls, and lawsuits
• Intellectual property
• Security and management of information
• Credit risk
• Reputational risk through social media
• Dependence on key personnel and labor relations

Mitigation Strategies

• Continuously seeking ways to reduce manufacturing costs and find alternative suppliers
• Secured lines of credit and loans (National Bank of Canada, Business Development Bank of Canada)
• Implementing measures to reduce waste and favor eco-friendly logistics
• Analyzing and optimizing product life expectancy
• Proactive approach to ESG matters
• Investing in research and development
• Developing strategic alliances
• Maintaining product liability insurance
• Implementing security measures to protect information technology and infrastructure
• Evaluating customer solvency and setting provisions for bad debts
• Developing a consumer engagement platform and content strategy
• Participating in trade shows and conferences
• Using social media platforms and the company website for promotion
• Conducting market research
• Creating marketing materials

Supply Chain Management

Responsible Procurement

• Ethical guidelines for suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: BNQ 21000

UN Sustainable Development Goals

• 17 Sustainable Development Goals of the United Nations (UN)

Aims to contribute to the achievement of the 17 UN Sustainable Development Goals in accordance with D-BOX’s different organizational and sectoral challenges.

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Launched a recycling campaign for used products and implemented a metal recycling and recovery program

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

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: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Adopted Guidelines for the Implementation of Principles for Management of Enterprises and Other Organizations (BNQ 21000 standard)
• Recycling cardboard, paper, plastic and metal
• Reduced paper use
• Restrictions on hazardous substances
• Hybrid work model reducing employee commute emissions
• Recycling used products

Social Achievements

• Established initiatives to improve employee morale, job satisfaction, reduce absenteeism, increase productivity, reduce injury, and enhance recruitment and retention
• Implemented flexible work conditions (hybrid model, online platforms)
• Organized social events
• Offered a virtual healthcare platform
• Improved office environment (ergonomic workstations)
• Subsidized professional training courses
• Partnership with Make-A-Wish Foundation

Governance Achievements

• Adopted a Code of Ethics and Business Conduct for directors, senior officers, and employees
• Established an Audit Committee and a Compensation and Corporate Governance Committee
• Adopted a whistleblower policy
• Adopted ethical guidelines for suppliers
• Adopted an insider trading policy

Climate Goals & Targets

Environmental Challenges

• Dependence on suppliers
• Political, social, and economic conditions
• Concentration of clients
• Performance of content
• Access to content
• Credit risk
• Strategic alliances
• Competition
• Technology standardization
• Future funding requirements
• Indebtedness
• Global health crises
• Distribution network
• Exchange rate fluctuations
• Warranty, recalls, and claims
• Dependence on key personnel
• Legal, regulatory, and litigation
• Intellectual property
• Security and management of information
• Reputational risk through social media

Mitigation Strategies

• Evaluating creditworthiness of customers, setting provisions for bad debts, using insurance coverage
• Developing strategic alliances
• Protecting intellectual property
• Implementing security measures
• Partially hedging against exchange rate fluctuations

Supply Chain Management

Responsible Procurement

• Membership in Sedex
• Supplier code of ethics with provisions on forced and child labor

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: BNQ 21000