GlobalData offers a comprehensive analysis of Blackline Safety, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of Net Zero and associated ESG keywords, GlobalData delivers valuable information on Blackline Safety‘s ESG performance. GlobalData’s company profile on Blackline Safety offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Blackline Safety, a global leader in connected safety technology, had set a corporate-wide goal of achieving net-zero emissions by the end of 2023, which was extended. Blackline Safety's latest filings mentioned the keywords 'Emissions' and 'Recycling' most number of times in relation to 'Net Zero'.
The company recognizes the importance of reducing its environmental footprint to protect the planet and has committed to aligning its business activities and charitable contributions with the United Nations' Sustainable Development Goals. The company has reported its greenhouse gas (GHG) emissions across Scopes 1-3, with total GHG emissions in 2022 being 3,495.7 MtCO2e. Blackline Safety aims to achieve ISO 14001 certification corporate-wide in line with its net-zero goal.
Blackline Safety has reported a decrease in energy consumption due to restructuring and a hybrid working schedule. The total energy consumed in FY 2022 was 6,383 GJ, with 48% supplied from grid electricity and 48% from renewable energy. The company has outlined several steps it has taken and plans to take to achieve its net-zero targets, including incorporating recyclable materials into packaging plans for future products. Blackline Safety also plans to align with the TCFD recommended guidelines in future reports and work towards aligning its ESG disclosure with recommended frameworks.
In conclusion, Blackline Safety has set a corporate-wide goal of achieving net-zero emissions and is taking steps to reduce its environmental footprint and has outlined specific goals related to scope 1, scope 2, and scope 3 emissions. In continuation of achieving its reduced emission targets, the company hired a consultant specialized in greenhouse gas (GHG) monitoring in 2022 to evaluate its initial GHG emissions, offer suggestions on reducing energy consumption, and transitioning to renewable energy sources wherever feasible.