Climate Change Data

Lowell Farms Inc.

Climate Impact & Sustainability Data (2023-01-01 to 2023-03-31)

Reporting Period: 2023-01-01 to 2023-03-31

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:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Not disclosed

Environmental Achievements

  • All cultivation licenses have been converted from Provisional to Annual licenses.

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

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

Environmental Challenges

  • Decreased revenue (39% decrease compared to Q1 2022, 19% decrease compared to Q4 2022).
  • Historic low temperatures, extreme rainfall, and low light levels impacting flower production.
  • Attrition within the Monterey County market impacting Lowell Farm Services revenue.
Mitigation Strategies
  • Cost-cutting measures and operational efficiencies.
  • Refining cultivation processes, genetics, and enhancing facilities and systems.
  • Continued efficiencies in processing functions resulting in reduced labor costs.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather, rainfall
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