Thompson & Knight LLP
Climate Impact & Sustainability Data (2018, 2021)
Reporting Period: 2018
Environmental Metrics
ESG Focus Areas
- Environmental Compliance
Climate Goals & Targets
Environmental Challenges
- Failure to comply with environmental, health, and safety laws resulting in substantial remedial costs, civil or criminal penalties, and reputational harm.
- Potential criminal penalties for company executives.
- Environmental obligations arising during due diligence, construction, and day-to-day operations (waste generation, air pollution, stormwater, lead-based paint, asbestos, spill prevention).
Mitigation Strategies
- Conducting environmental due diligence during transactions.
- Implementing regular compliance audits.
- Training managers and employees on responding to inspections.
- Developing effective corporate compliance programs.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Complex and evolving environmental regulatory and permitting requirements for CCS projects, including compliance with EPA regulations for Class VI carbon sequestration injection wells and other regulatory programs.
- Potential need for new legislation in many states to build out a comprehensive regulatory framework for CCS projects and address associated risks and liabilities.
Mitigation Strategies
- The final regulations provide guidance on key risks related to the Section 45Q credits, including secure geologic storage and recapture.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed