Hillman Solutions Corp.
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Corporate Social Responsibility
- Sustainability
- Environment
Governance Achievements
- Adopted Corporate Governance Principles and a Code of Business Conduct and Ethics.
- Established three standing committees: Audit Committee, Compensation Committee, and Nominating and ESG Committee.
- Adopted a related party transaction policy.
- Adopted stock ownership guidelines for executive officers and non-employee directors.
Climate Goals & Targets
Environmental Challenges
- COVID-19 pandemic impact on MinuteKey business.
- Material weakness in internal control over financial reporting (remediated).
Mitigation Strategies
- Implemented changes to internal control over financial reporting, including engaging third-party consultants, adding a review committee, and hiring additional personnel.
- Board exercised discretion and awarded a portion of Mr. Fagundo's bonus to reinforce retention.