SPL Group, Inc.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental Sustainability
Climate Goals & Targets
Environmental Challenges
- High carbon emissions from trucking and shipping
- Reverse logistics (returns) creating environmental issues
- Balancing environmental regulations with economic feasibility for small businesses
- Global carbon emissions with conflicting interests among major world powers
Mitigation Strategies
- Incentivizing clean energy production (Inflation Reduction Act)
- California Air Resources Board regulations to reduce truck emissions
- Innovation in shipping (e.g., modernized sail ships)
- Government incentives for trucking companies to switch to EVs
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Hurricanes
- Record low water levels in rivers
- Record heat waves
- Flooding
Transition Risks
- Regulations impacting small businesses
- Economic impacts of transitioning to cleaner energy
Opportunities
- Development of energy-efficient products and services
- Growth in the EV market