Climate Change Data

Environmental Metrics

ESG Focus Areas

• Diversity, Equity, and Inclusion
• Sustainability
• Environmental Impact

Environmental Achievements

• Targeting renewable energy assets to minimize carbon footprint
• Believe demand for renewable energy will increase and accelerate buildout of renewable energy infrastructures

Social Achievements

• Invested significantly in workforce to retain and attract top-tier employees
• Implemented a long-term performance incentive program
• Provide employees comprehensive health benefits, paid parental leave, paid time off, and additional benefits
• Support diversity and inclusion within our workplace framework

Governance Achievements

• More than a majority of independent directors on our Board
• Transactions valued at over $120,000 in which our officers, directors and holders of more than 5% of our common stock have an interest be approved or ratified by our Audit Committee

Climate Goals & Targets

Environmental Challenges

• Labor and other workforce shortages and challenges
• Power or other supply disruptions and equipment failures
• Dependence on principal customers
• Sensitivity to general economic conditions
• Volatility of cryptoasset prices
• Uncertainties of cryptoasset regulation policy
• Equipment failures, power or other supply disruptions
• Highly evolving regulatory landscape
• Global supply logistics delays
• Increased scrutiny and potential regulation in the near and long term
• Material customer concentration
• Significant electrical power requirements
• Reliance on third-party suppliers
• Vulnerability to natural disasters and climate change
• Evolving business model
• Potential conflicts of interest
• Cyberattacks and security breaches
• Environmental matters
• Competition from other companies with greater resources
• Adapting to evolving technology and customer demands
• Risks associated with power purchase agreements
• Customer advance deposits
• Maintaining key supplier relationships
• Managing growth effectively

Mitigation Strategies

• Entering into long-term contracts with customers
• Leveraging leading equipment vendors
• Securing scalable power sites
• Vertically integrating power assets
• Proactive procurement and holding of required materials
• Continuous monitoring of market trends and supply chain developments
• Establishing long-term contracts with key suppliers
• Implementing a cybersecurity risk management program
• Maintaining a proactive and adaptive approach to regulatory compliance
• Diversifying customer base
• Developing and maintaining internal controls
• Implementing a long-term performance incentive program
• Providing comprehensive employee benefits
• Supporting diversity and inclusion
• Requiring that transactions valued at over $120,000 in which our officers, directors and holders of more than 5% of our common stock have an interest be approved or ratified by our Audit Committee
• Maintaining a majority of independent directors on the Board

Supply Chain Management

Responsible Procurement

• Established purchase orders with leading hardware manufacturers
• Established long-term contracts and agreements with key suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Natural disasters
• Drought conditions
• Sea level rise

Transition Risks

• Regulatory changes
• Increased energy requirements
• Caps on energy usage
• Land use restrictions

Opportunities

• Development of energy-efficient products
• Increased demand for renewable energy