Climate Change Data

Jacquard Group Limited

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:622 tCO2e/year
Scope 1 Emissions:0 tCO2e/year
Scope 2 Emissions:4 tCO2e/year
Scope 3 Emissions:618 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental Impact
  • Social Impact
  • Governance
  • Risk Management

Environmental Achievements

  • Reduced Scope 2 emissions to 4 tCO₂e (metric tons of carbon dioxide equivalent)
  • Offset 10% of total carbon emissions (67 tCO₂e) through investment in the India Gujarat State Wind Farm
  • GHG emissions per employee are less than 45% of the sector benchmark

Social Achievements

  • Increased employee retention rate to 75.5% in 2023 from 68.9% in 2022
  • Improved U.S. employee healthcare coverage (100% of premiums for employees, 50% for dependents)
  • Established Jacquard Culture Club to foster diversity and inclusion
  • Provided an internship opportunity for a young graduate

Governance Achievements

  • Attained ISO 27001 certification for Information Security
  • Developed a contract lifecycle management (CLM) program
  • Developed more detailed onboarding and offboarding playbooks
  • Established policies aligning with international labor standards
  • Implemented a pay review to bring all salaries in line with localized benchmarks

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce total tCO2e by 40% from 2023 levels by 2030+
Short-term Goals:
  • Implementation of an easy-to-understand waste sorting system
  • Training of teams to identify and minimize waste generation
  • Switch to an unlimited paid time off policy (starting March 2024)

Environmental Challenges

  • Scope 3 emissions (618 tCO₂e) from purchased goods and services, business travel, and commuting
  • Reduction in female representation in leadership roles due to workforce restructuring
Mitigation Strategies
  • Actively working with suppliers and stakeholders to reduce Scope 3 emissions
  • Addressing the lack of female representation in leadership through promotions and hiring in 2024

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Implementation of eco-conditions in the purchasing policy
  • Deployment of a supplier engagement questionnaire

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs)

Certifications: ISO 27001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Affordable and Clean Energy
  • Decent Work and Economic Growth
  • Industry, Innovation and Infrastructure
  • Sustainable Cities and Communities
  • Climate Action

The India Gujarat State Wind Farm project aligns with these SDGs

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Listed as a leader in the ‘AI Writing Assistant’ category by G2