Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental, Social, and Governance (ESG)

Environmental Achievements

• G7 EXO area monitor, scheduled to launch globally in spring 2020, will enable businesses to see the impact that cloud connectivity will have on operational efficiencies and their environmental, social and governance (ESG) programs.

Social Achievements

• Continued development of its new G7 EXO area monitor product line and careful expansion of the sales and product development teams.
• Blackline’s SOC monitors over 29,000 employee wearables.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Impact of COVID-19 on growth, particularly new product sales.
• Recent downturn in oil commodity prices.
• Competition from organizations with more established sales and marketing presence, superior technical support services and greater financial resources.
• Rapid technological change, changes in user and customer requirements and preferences, frequent new product and service introductions.
• Failure or delays in meeting or complying with industry or user standards.
• Risks associated with international operations.
• Reliance on information systems and technology.
• Reliance on third-party licenses.
• Dependence on third parties (GPS satellites, Iridium Satellite LLC).
• History of operating losses.
• Price volatility of publicly traded securities.
• Climate change impacts (increased energy costs, environmental regulations).
• Brexit uncertainties.

Mitigation Strategies

• Initiated continuity plan to ensure continued delivery of services to customers.
• Implementing social distancing through a work-from-home program and split-shifts.
• Closely monitoring and planning for uncertainties facing the oil sector.
• Continued investment in expanding and cultivating its distribution network.
• Adding direct sales engineers in specific markets.
• Continued investment in product development efforts to further broaden the Company’s product portfolio and customer reach.
• Pursuing multiple levels of government grants and funding arrangements.

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

• G7 EXO area monitor

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

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: ISO 9001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Modern Slavery
• Human Trafficking
• Forced Labor
• Child Labor
• Supply Chain Ethics

Social Achievements

• Introduced and completed mandatory training for employees in the procurement team on forced labor and child labor.
• Implemented a new vendor screening process requiring documentation on forced labor and child labor in supplier supply chains.

Governance Achievements

• Revised new supplier vendor screening assessment to incorporate criteria for compliance with the Modern Slavery Act.
• Implemented a risk-based approach for the annual vendor compliance assessment to address the risk of forced labor and child labor.

Climate Goals & Targets

Environmental Challenges

• Identifying and mitigating the risk of forced labor and child labor in a varied and complex global supply chain.

Mitigation Strategies

• Enhanced vendor screening process with criteria addressing the Modern Slavery Act.
• Annual vendor compliance assessment updated to screen for forced labor and child labor risks.
• Mandatory training for procurement team employees.
• Risk-based approach to annual vendor compliance assessment focusing on high-risk vendors.
• Requiring ISO 9001:2015, UL, ATEX QAN, IECEx QAR, or equivalent standards from vendors.

Supply Chain Management

Responsible Procurement

• Code of Business Conduct and Ethics
• ISO 9001:2015, UL, ATEX QAN, IECEx QAR, or equivalent standards
• New vendor screening process
• Annual vendor compliance assessment

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

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: ISO 9001:2015, ISO 14001:2015, ATEX and QAR/QAN

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

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: ISO 9001:2015, ISO 14001:2015, ATEX and QAR/QAN

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed