Restaurant Technologies, Inc. (RT)
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:462,824 metric tons CO2e (2021 Full Value Chain)
Scope 1 Emissions:27,859 metric tons CO2e (2021)
Scope 2 Emissions:1,082 metric tons CO2e (2021)
Scope 3 Emissions:434,132 metric tons CO2e (2021)
Carbon Intensity:1.93 MT CO2e/MT oil sold (2021)
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Established sustainability metrics to calculate emissions savings for customers using oil management systems.
- Developed carbon reduction goals aligned with the Science Based Targets initiative (SBTi), targeting a 4.2% annual reduction in Scope 1 and 2 emissions.
- Reduced emissions intensity despite business growth.
- Partnered with Chevron Renewable Energy Group to use biodiesel in the commercial vehicle fleet, creating a circular economy.
- Recycled 269.9 million pounds of waste oil in 2021.
Social Achievements
- Workforce expanded by over 210 employees (20%) since 2020.
- Implemented COVID-19 response plan including flexible work schedules, testing, and employee support.
- Established Major Disaster and Medical Emergency PTO banks.
- Raised over $100,000 for the American Diabetes Association and $10,000 for Special Olympics over the past 10 years.
- Awarded 50 scholarships through the RT Educational Foundation.
Governance Achievements
- Established a Code of Ethics, Conflict of Interest, and Whistleblower Policy.
- Developing a three-year cybersecurity roadmap with increased training and new digital tools.
- Created a new Supplier Quality Engineer role to enhance ESG and sustainable sourcing in the supply chain.
Climate Goals & Targets
Long-term Goals:
- Achieve carbon reduction goals aligned with SBTi.
Medium-term Goals:
- Expand the use of alternative fuel to more depot locations.
Short-term Goals:
- Increase diverse representation in management.
- Establish employee resource groups.
- Conduct compensation assessments by gender, ethnicity, and race.
Environmental Challenges
- Managing growth while maintaining sustainability efforts.
- Cybersecurity threats.
- Maintaining supply chain resilience.
Mitigation Strategies
- Developing carbon reduction goals and implementing operational efficiencies.
- Implementing a three-year cybersecurity roadmap, increased training, and new digital tools.
- Diversifying oil sources and managing freight carriers to ensure supply chain resilience.
Supply Chain Management
Responsible Procurement
- Hazard Analysis and Critical Control Point Plan
- Global Food Safety Initiative certification
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GHG Protocol Corporate Accounting and Reporting Standard, Science Based Targets initiative (SBTi)
UN Sustainable Development Goals
- SDG 8: Decent Work and Economic Growth
- SDG 12: Responsible Consumption and Production
RT's commitment to providing decent employment and supporting sustainable consumption and production patterns of cooking oil and fuel.