MSI Express, Inc.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:306,007,153 kg CO2-eq (2022)
Scope 1 Emissions:7,169,000 kg CO2-eq (2022)
Scope 2 Emissions:26,000,000 kg CO2-eq (2022)
Scope 3 Emissions:306,007,153 kg CO2-eq (2022)
Renewable Energy Share:Not disclosed
Total Energy Consumption:52,484,572 kWh (2023)
Water Consumption:65.9 million gallons (2023)
Waste Generated:18,552 tons (2023)
Carbon Intensity:Reduced by 85% in drink stick automation
ESG Focus Areas
- Environmental Sustainability
- Social Responsibility
- Governance
Environmental Achievements
- $7M investment in drink stick automation enabled our customers to realize 85% reduction in carbon intensity.
- Introduced more sustainable paper breakfast cups for a major CPG company.
- Moved to vendors who use 100% recycled cardboard.
- Implemented a sustainable packaging solution with major powdered beverage customer.
- Supported conversion from pouch to display cardboard with customers.
Social Achievements
- Investing in employee development through robust training programs (1,058,841 total training hours spent; 343 minutes trained per person; 148,549 total training events completed).
- Partnership with Glenwood Academy, supporting educational programs and community initiatives.
- Partnership with Bigger Table, addressing food insecurity.
- Participation in American Heart Association Heart Walk and Toys for Tots.
Governance Achievements
- Implementation of TraceGains for supplier validation.
- Strict policy against child labor and corruption.
- Bimonthly meetings of the Sustainability Committee focusing on advancing practices and standards.
Climate Goals & Targets
Long-term Goals:
- Zero discharge manufacturer
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Reducing Scope 3 emissions (90.22% of total emissions in 2022)
- Minimizing waste generation (targeting zero discharge)
Mitigation Strategies
- Working with suppliers to meet sustainability standards (alternative packaging, energy efficiency projects, sustainable packaging alternatives, training and capacity building, regular audits and assessments, performance incentives, collaborative goal setting).
- Implementing a feedback mechanism for continuous improvement in sustainability practices.
- Regularly updating policies to reflect new standards and regulations.
- Investing in energy efficiency projects and sustainable packaging solutions.
Supply Chain Management
Supplier Audits: Implementing TraceGains
Responsible Procurement
- Sustainable packaging alternatives
- Training and capacity building for suppliers
- Performance incentives
- Collaborative goal setting
- Zero tolerance for child labor and corruption
- Supply chain transparency
- Community engagement encouragement
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: SQF Level 3, FDA Registered, NSF Compliant, Organic and Kosher
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Sustainable paper breakfast cups
- Sustainable packaging solutions
Awards & Recognition
- Not disclosed