Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity, Equity, and Inclusion
• Supply Chain Responsibility
• Community Engagement
• Product Sustainability
• Governance

Environmental Achievements

• Reduced carbon footprint through the use of renewable feedstocks (Canola oil, high-oleic soybean oil, and pennycress oil) instead of non-renewable petrochemicals.
• Development of biodegradable and compostable PHA and PLA biopolymers.
• Partnerships with major brands to produce sustainable alternatives to traditional plastic products.

Social Achievements

• 50% of new hires in engineering were women in 2021.
• Junior Ambassador Program collaborating with local schools.
• Community support initiatives including food supply to healthcare workers and resource sharing during COVID-19.
• Robust leadership development program.

Governance Achievements

• Established a Code of Ethics covering directors, officers, employees, vendors, and contractors.
• Implemented anti-corruption policies compliant with relevant laws.
• Robust risk management process using the COSO integrated framework.
• Comprehensive data security program with annual policy reviews and bi-annual employee training.

Climate Goals & Targets

Environmental Challenges

• Potential supply chain disruptions due to extreme weather events and climate change.
• Potential government regulations and shifts in consumer preferences.
• Maintaining product durability while ensuring rapid biodegradability.

Mitigation Strategies

• Diversifying feedstock sources.
• Proactive monitoring of climate-related risks and regulatory changes.
• Customizable product design to balance performance and biodegradability.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct outlining expectations for ethics, environmental management, labor practices, and safety.
• Sourcing from suppliers with sustainability policies and programs (97% in 2021).

Climate-Related Risks & Opportunities

Physical Risks

• Increased severity of extreme weather events
• Potential supply chain disruptions

Transition Risks

• Government regulation
• Shifts in consumer preferences

Opportunities

• Increased demand for sustainable solutions

Reporting Standards

Frameworks Used: SASB

Sustainable Products & Innovation

• PHA and PLA biopolymers
• Biodegradable packaging solutions

Awards & Recognition

• 2018 and 2020 recipient of PLASTICS innovation in Bioplastics Award

Environmental Metrics

ESG Focus Areas

• Corporate Governance and Business Ethics
• Environmental Impact
• Workforce Health & Safety
• Community Relations
• Product Sustainability

Environmental Achievements

• 5.8% reduction in electricity usage per pound of neat PHA from 2022 to 2023
• Transitioned to the use of low- to no-methanol ethanol with the goal of reducing GHG emissions
• Undertook two projects at our Winchester facility relating to line and system installation to increase reliability and reduce energy loss
• Increased use of recycled material in packaging to 100% in 2023 (up from 80% in 2022)

Social Achievements

• Developed specialized training for students in Bainbridge, Georgia
• Partnered with local schools to help students complete hands-on biological experiments and learn about sustainability
• Volunteered at the Food Bank of Northeast Georgia and collected donations
• Participated in the Kentucky Adopt-a-Highway spring cleanup event
• Delivered home compost bins to Bainbridge-area schools
• Held a food drive on behalf of Foodlink

Governance Achievements

• Updated Procurement Policy in November 2023
• Formalized Danimer Safety System in 2022
• Annual Code of Ethics training for professional staff
• Annual internal review and audit of Code of Ethics
• Incorporation of third-party feedback into Code of Ethics

Climate Goals & Targets

Environmental Challenges

• Potential supply chain disruptions due to climate change
• Potential government regulation and shifts in consumer preferences

Mitigation Strategies

• Diversifying the type of feedstock sourced
• Maintaining production facilities in multiple locations to mitigate weather-related risks
• Early action in anticipation of transitional risks

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct (ethics, environmental management, labor practices, and safety)

Climate-Related Risks & Opportunities

Physical Risks

• Increased severity of extreme weather events
• Potential supply chain disruptions

Transition Risks

• Potential government regulation
• Shifts in consumer preferences

Reporting Standards

Frameworks Used: SASB

Certifications: BPI, TUV

Sustainable Products & Innovation

• Nodax® PHA
• PLA-based biopolymers
• Compostable coffee pod biopolymer