Climate Change Data

Safe & Green Holdings Corp.

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Environmental Sustainability
  • Social Responsibility
  • Governance

Environmental Achievements

  • Use of recycled shipping containers and wood in modular construction, contributing to LEED certification.
  • Patented technology for sustainable medical and waste management.

Social Achievements

  • Agreement with The Peoples Health Care to deliver medical modules providing services to union members.
  • Fabrication agreement with Moliving Inc. for eco-resort units.
  • Agreement with People First Industries to construct an office building for a non-profit.

Governance Achievements

  • Establishment of Audit, Compensation, and Nominating, Environmental, Social and Corporate Governance Committees.

Climate Goals & Targets

Environmental Challenges

  • Recurring losses from operations and negative cash flow.
  • Doubt about ability to continue as a going concern.
  • High concentration of revenue from a few customers.
  • Dependence on third-party financing.
  • Highly competitive construction industry.
  • Risks related to SG DevCorp.'s land acquisition and development.
  • Dependence on subcontractors in the medical sector.
  • Volatility in stock price.
  • Cybersecurity risks.
Mitigation Strategies
  • Cost containment, strategic alliances, exploring debt or equity financing.
  • Vertically integrating manufacturing process through SG Echo acquisition.
  • Diversifying customer base.
  • Securing additional funding through public or private offerings, debt financing, etc.
  • Improving operational efficiency.
  • Implementing risk management strategies for SG DevCorp.
  • Developing relationships with skilled subcontractors.
  • Improving financial reporting and transparency.
  • Implementing and maintaining robust cybersecurity measures.

Supply Chain Management

Responsible Procurement
  • Sourcing standard materials made in America.

Climate-Related Risks & Opportunities

Physical Risks
  • Natural disasters (hurricanes, floods, etc.)
Opportunities
  • Development of energy-efficient products

Sustainable Products & Innovation

  • GreenSteelâ„¢ modules
  • Wood-based modules