Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate change and greenhouse gas emissions
• Sustainable product innovation and design
• Talent, inclusion, and diversity
• Corporate governance
• Human rights
• Product integrity

Environmental Achievements

• Achieved the longest range and one of the fastest charging EVs at the highest efficiency measured in miles/kilowatt-hour.
• Achieved ISO 14001 certification for Arizona factory.
• Installed a 1-megawatt solar power system in Arizona.
• Installed rooftop solar panels at California headquarters.

Social Achievements

• Launched DEI Fundamentals eLearning.
• Launched Culture & Leader Effectiveness Survey with 76% employee response rate.
• Established seven Employee Resource Groups (ERGs).
• Donated two Lucid Air Kingdom Dream Editions to charity auction in Saudi Arabia.
• Raised over $130,000 for United Way of Pinal County.

Governance Achievements

• Updated Code of Business Conduct and Ethics.
• Established ESG Steering Committee.
• Achieved ISO 9001:2015 certification for Arizona factory.
• Achieved ISO 45001 certification for Arizona manufacturing site.

Climate Goals & Targets

Environmental Challenges

• Data collection and establishing baseline in key sustainability focus areas.
• Addressing human rights across complex operations and supply chain.
• Managing climate-related risks and opportunities in a rapidly growing company.

Mitigation Strategies

• Completed a high-level materiality assessment.
• Developed a risk-based approach for human rights due diligence.
• Engaged a third party to develop a robust climate risk and opportunity management program.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Increasing frequency/severity of climate-driven weather events
• Changes in mean temperatures, weather patterns, water stress, and sea levels

Transition Risks

• Shifts in policy and regulatory landscape
• Shifting market dynamics
• Reputational implications
• Technology innovations

Opportunities

• Development of sustainable products and services
• Energy sourcing
• Resource efficiency
• Resiliency building

Reporting Standards

Frameworks Used: TCFD, UNGC, OECD Due Diligence Guidance, UN Guiding Principles on Business and Human Rights, ISO 14001, ISO 9001, ISO 45001

Certifications: ISO 14001, ISO 9001:2015, ISO 45001

UN Sustainable Development Goals

• SDG 8
• SDG 12
• SDG 13

See Appendix 2 - SDG Table

Sustainable Products & Innovation

• Lucid Air