Climate Change Data

Chart Industries Inc.

Climate Impact & Sustainability Data (2021, 2023)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:1.2%
Total Energy Consumption:499,173 GJ
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Decreased 14% in 2021 compared to 2020 baseline.

ESG Focus Areas

  • Climate Change
  • Clean Energy Transition
  • Water Treatment
  • Diversity & Inclusion
  • Safety
  • Governance
  • Supply Chain Responsibility
  • Human Rights

Environmental Achievements

  • Reduced GHG intensity by 14% compared to 2020 baseline.
  • Installed a 400 kWp rooftop solar system at Chart Ferox in Decin, Czech Republic.
  • Acquired Earthly Labs, a provider of small-scale carbon capture systems.
  • Numerous partnerships to advance CCUS technology.

Social Achievements

  • Launched Bright Idea Tracker program to encourage employee suggestions.
  • Held first Week of Understanding to celebrate diversity and inclusion.
  • Made over $150,000 in financial donations and volunteered time to support communities.
  • Lowest 12-month rolling TRIR in Chart’s history (0.58 at end of March 2022).

Governance Achievements

  • Established anti-corruption training for all employees.
  • ESG component added to short-term incentive awards program.
  • Formed a Global ESG Committee with five subcommittees.
  • Closed on a $1 billion sustainability-linked revolving credit facility.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon-neutral operations by 2050.
Medium-term Goals:
  • Reduce GHG intensity by 30% compared to 2020 baseline by 2030.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Supply chain disruptions due to force majeure events.
  • Global energy security, independence, resiliency and availability challenges.
Mitigation Strategies
  • Placed company tankers into service to deliver fuel.
  • Strategic acquisitions and investments to enhance capabilities and resilience.
  • Developed alternative sourcing strategies (implied).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Chart Supplier Code of Conduct
  • Conflict minerals reporting (using iPoint and Risk Methods)

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Slower than anticipated growth and market acceptance of new clean energy product offerings
  • Inability to achieve expected pricing increases or continued supply chain challenges
Opportunities
  • Growth in clean energy markets (LNG, hydrogen, biogas, carbon capture).

Reporting Standards

Frameworks Used: SASB, TCFD, UN SDGs, GRI (referenced)

Certifications: ISO 14001:2015 (many facilities), ISO 45001 (many facilities)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 6
  • SDG 7
  • SDG 8
  • SDG 12
  • SDG 13

Chart's contributions to the UN SDGs are detailed in the report.

Sustainable Products & Innovation

  • Cryogenic Carbon Capture™ technology
  • Liquid nitrogen dosing systems
  • Water treatment solutions

Awards & Recognition

  • Gastech 2021 Emissions Reduction Champion – Organization of the Year Award

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:73,475 tCO2e/year
Scope 1 Emissions:25,959 tCO2e/year
Scope 2 Emissions:47,516 tCO2e/year
Renewable Energy Share:9.5% of total energy use
Total Energy Consumption:862,437 MWh/year (GJ converted)
Water Consumption:227,387,787 gallons/year
Waste Generated:13,607 tons/year
Carbon Intensity:20.1 MT CO2e/Million$

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Governance
  • Safety
  • Community Investment
  • Responsible Supply Chain

Environmental Achievements

  • Reduced GHG emission intensity by 27% relative to 2022 (to 20.1 MT CO2e/Million$)
  • Achieved 50% GHG emission intensity reduction by 2030 (relative to a 2020 baseline), seven years ahead of target
  • Recycled 227,387,787 gallons of water across its facilities in 2023
  • Eliminated 70,000 MT CO2e in methane emissions in 2023 through partnership with Kathairos Solutions
  • Reduced carbon emissions by 16,000 tons annually at Agnico Eagle Fosterville Mine in Australia through ventilation control system

Social Achievements

  • Lowest 12-month rolling TRIR in company history (0.53 as of December 31, 2023)
  • Expanded Employee Resource Groups (ERGs) to celebrate Diversity & Inclusion
  • Launched Operational Leaders Program to develop operational team members
  • Expanded Howden’s Bright Futures Program and integrated it with Chart’s Giving Back Program
  • More than $110,500 in financial donations through Giving Back program in 2023
  • 2,265 team members (19.6% of workforce) logged volunteer hours in 2023

Governance Achievements

  • Added three new members to the Board of Directors in 2023
  • Nine out of ten directors are independent
  • Four out of ten directors are female, two are diverse
  • Annual anti-corruption training for all employees
  • ESG considerations integrated into business planning and executive bonus compensation

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions by 2050
Medium-term Goals:
  • Increase female representation to 40% on executive management team by 2030
  • Increase female representation to 35% in senior roles by 2030
  • Achieve employee volunteer participation of 25% by 2030
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Supply chain disruptions (implied)
  • Integrating Howden's operations and ESG practices
  • Achieving net-zero emissions by 2050
Mitigation Strategies
  • Developed a robust understanding of opportunities to reduce waste, increase material recovery and reuse, and lower water consumption
  • Blended best health and safety practices of both legacy companies to create systems and programs
  • Established Chart Business Excellence (CBE) team to drive company-wide operational excellence
  • Implemented an ESG incentive to the Authorization for Expenditure (AFE) process

Supply Chain Management

Supplier Audits: Top 10 suppliers surveyed using EcoVadis

Responsible Procurement
  • Chart Supplier Code of Conduct
  • Conflict Minerals Policy
  • Compliance with California Transparency in Supply Chains Act and U.K. Modern Slavery Act

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products and services
  • Growth in clean energy markets

Reporting Standards

Frameworks Used: SASB, TCFD, UN SDGs, OECD

Certifications: ISO 14001, ISO 45001, Health Promoting Enterprise (Czech Republic)

UN Sustainable Development Goals

  • SDG 3
  • SDG 4
  • SDG 5
  • SDG 6
  • SDG 7
  • SDG 8
  • SDG 9
  • SDG 10
  • SDG 12
  • SDG 13
  • SDG 16

Chart contributes to many of the UN SDGs through its various initiatives and technologies.

Sustainable Products & Innovation

  • Cryogenic Carbon Capture (CCC™) technology
  • ChartWater™ solutions
  • Hydrogen solutions
  • Ventsim™ software

Awards & Recognition

  • Sustainable Innovation category, U.K.’s IP&E Awards
  • Excellence in Manufacturing, 19th Annual ROCCO Business Awards
  • Most Innovative Company (Decin, Czech Republic)
  • Health Promoting Enterprise certification (Czech Republic)
  • Partnership Gwinnett 2023 Movers & Makers Award (AdEdge)
  • Newsweek’s 2024 Most Responsible Companies