Environmental Sustainability: Utilizing the GHG Protocol and the Environmental Protection Agency’s framework for greenhouse gas inventories, ISI has established a carbon emissions goal of maintaining Net Zero across Scope 1, Scope 2 and Scope 3 emissions classes for the fiscal 2021 period and beyond. To accomplish this, ISI is focusing on: (i) investing in energy-efficient technologies across its vehicles and facilities; (ii) reducing emissions from employee commuting, business travel, and freight; (iii) promoting customer and vendor accountability and transparency; and (iv) investing in carbon sequestration and offset projects that reduce greenhouse gasses in regions where ISI operates.
Social Involvement: ISI is passionate about its positive societal contribution, health and safety programs, and the development of future leaders with a focus on equality, diversity and inclusion. ISI will continue to remain culturally responsive and engage in community service by partnering with local organizations to generate social value through positive investments, organized volunteer work and charitable donations.
Governance: ISI has established a Global ESG Committee to maintain transparency, business ethics, and diversity amongst all stakeholders with accountability and measurement of the Sustainability Strategy and the Company’s practices and policies. Further, ISI is adopting key performance metrics tied directly to achievement of its ESG goals and objectives as part of overall compensation programs, supported by accountable leaders, business ethics, diversity throughout the organization, and promoting advocacy and audit of the Company’s targets and metrics. Through routine reporting, ISI will track its ESG performance consistent with many of the industry-leading ESG metrics and benchmarks.
Economic Value: ISI’s products and services are critically important to its customers’ sustainable operations, and the global demand for increased access to affordable, clean energy amidst the energy transition. In order to expand its ability to positively impact its internal and external constituents, ISI will remain committed to delivering operational, financial and environmental stakeholder value. The Company will regularly evaluate opportunities to achieve innovation, growth and further business scale, and also employ a model of continuous organizational improvement across all facets of its business.