Climate Change Data

Foundever®

Climate Impact & Sustainability Data (2024)

Reporting Period: 2024

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Established a near-term target of 25% worldwide emissions reduction from scope 2 by 2030 (2023)
  • Worked on 80 environmental projects worldwide and implemented green programs in all its regions. Uses eco-friendly products and has site-specific recycling initiatives throughout North America. Implemented smart parking systems, solar panel systems, site-specific recycling initiatives, reforestation initiatives, eco-friendly product consumption, and carbon reduction programs in Latin America.

Social Achievements

  • Commitment to Corporate Social Responsibility (CSR) based on transparency, honesty, and ethics.
  • Impact through employment; provides global access to educational, financial, and social resources through partnerships; creates opportunities for individuals to join its teams as full-time employees.
  • Invests in programs and activities that help people gain skills for jobs in their communities (e-learning platforms, charity donations, technical engineering training).
  • Launched several initiatives under the #CXforGood banner, including mentorships for students, educational support for refugees, and language training for individuals from underprivileged communities globally. Established impact hubs (Prosperity Hubs) to create employment opportunities in distressed communities.

Governance Achievements

  • Dedicated to establishing a culture of integrity, transparency, and good governance; communicates guidelines to its supply chain.
  • Attempts to do business with suppliers and partners who share similar ESG values and principles. Supplier code of conduct ensures contribution to an ethical and sustainable supply chain, reinforcing commitments to fair competition, human rights, and prohibition of bribery and corruption.

Climate Goals & Targets

Long-term Goals:
  • Achieving the 1.5 celsius target set by the Science Based Target Initiative (SBTi) by 2050
Short-term Goals:
  • 25% worldwide emissions reduction from scope 2 by 2030

Environmental Challenges

  • Limited presence in Mexico, Argentina, Chile, Colombia, Peru, the Caribbean, and other LATAM markets.
  • Relatively limited experience in handling clients within the energy and utilities, manufacturing, and public sector verticals.
  • Lack of skilled workforce in some locations.
Mitigation Strategies
  • Proactive communication (to address buyer concerns).

Supply Chain Management

Responsible Procurement
  • Supplier code of conduct

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI