Climate Change Data

Hunt Companies, Inc.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Environment
  • Development
  • Investment
  • Empowerment

Environmental Achievements

  • Completed 3rd Corporate Sustainability and Greenhouse Gas (GHG) evaluations with improved year-over-year scores and overall GHG emission reductions.
  • Reduced energy use by 30% and water use by 45% at the University of Hawaiʻi Residences for Innovative Student Entrepreneurs (RISE) project.
  • Achieved two Green Globes ratings for the Daniel K. Akaka Veterans Affairs Clinic in Kalaeloa, Hawaiʻi.
  • Offset corporate air travel emissions through investment in carbon offset credits with Bonneville Environmental Foundation.
  • Amber became a member of the Partnership for Carbon Accounting Financials (‘PCAF’).

Social Achievements

  • Launched a Volunteer Paid Time Off (VPTO) policy to encourage employee volunteering.
  • Formed a first E&I (Equity & Inclusion) committee.
  • Donated nearly $12 million in 2023 through the Woody and Gayle Hunt Family Foundation.
  • Delivered affordable housing projects, contributing solutions to a nationwide housing affordability crisis.
  • Launched Truist Momentum, a financial wellness program providing tools and education to residents.

Governance Achievements

  • Established three policies – Healthy Materials, Embodied Carbon, and Green Building – to provide tools for portfolio companies to become leaders in green building.
  • Established an internal Sustainability Steering Committee in 2021 to help shape Sustainability initiatives and provide ongoing guidance.
  • Added or formalized specialized sustainability roles within several portfolio companies.

Climate Goals & Targets

Environmental Challenges

  • Climate-related physical risks (riverine flooding, sea level rise) and transition risks (regulation mandating climate-related disclosures, embodied carbon regulation).
  • Data quality and expansion of emissions categories for GHG inventory.
  • Need for improved tracking of commodity and energy usage.
Mitigation Strategies
  • Annual climate risk assessment updates, including financial data alignment with growing climate risk.
  • Increased participation in sustainability evaluations and adoption of software reporting platforms.
  • Implementation of utility management software to streamline and expand data availability.
  • Piloting electric vehicles within fleets and incorporating EV charging facilities across properties.

Supply Chain Management

Responsible Procurement
  • Healthy Materials Policy
  • Embodied Carbon Policy
  • Green Building Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Riverine flooding
  • Sea level rise
Transition Risks
  • Regulation mandating climate-related disclosures
  • Embodied carbon regulation
  • California's AB 2446
  • Federal Supplier Climate Risks and Resilience Rule
  • Carbon Border Adjustment Mechanism (CBAM)

Reporting Standards

Frameworks Used: SASB