Fisker Inc.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:412.47 t CO2eq
Scope 1 Emissions:154.31 t CO2eq
Scope 2 Emissions:258.16 t CO2eq
ESG Focus Areas
- Climate Change
- Diversity, Equity, and Inclusion
- Governance
- Supply Chain Sustainability
- Human Rights
Environmental Achievements
- Redesigned vehicle transport packaging, resulting in weight reductions of 23% and 41%, lowering cost and CO2 consumption during transport
- Fisker Ocean has the lowest published carbon footprint of any electric SUV
- Fisker Ocean production began in a carbon-neutral facility
Social Achievements
- Expanded workforce by more than 78%
- Launched inaugural internship program
- Developed a company-wide Injury and Illness Prevention Program (IIPP)
- Established Women at Fisker Employee Resource Group
Governance Achievements
- Published Code of Business Conduct and Ethics and Environmental Policies
- Appointed Head of ESG
- Established ESG Advisory Council
- Achieved compliance with UNECE WP.29 155 and 156 for cybersecurity
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Achieve climate-neutral vehicle by 2027
Short-term Goals:
- Not disclosed
Environmental Challenges
- Increase in Scopes 1 and 2 emissions due to increased physical locations and workforce
- Managing risks associated with critical materials in the supply chain
Mitigation Strategies
- Implementing energy efficiency measures and prioritizing renewable energy
- Responsible sourcing policy addressing conflict minerals and sustainable material selection
- Continuous improvement tracking and LCA for each vehicle and model year
Supply Chain Management
Supplier Audits: 77.39% of Suppliers within 1000km of production
Responsible Procurement
- Responsible Sourcing Policy
- Conflict Minerals Policy
- Supplier self-assessments and third-party audits for high-risk suppliers
- Prioritization of suppliers located within 1,000 km of production
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB, UNGC, UN SDGs, GHG Protocol
Certifications: Manhattan Beach Green Business, San Francisco Green Building
Sustainable Products & Innovation
- Fisker Ocean (vegan interior, SolarSky roof)
Awards & Recognition
- Green SUV of the Year 2023 - Green Car Journal