Dynamic's ESG Initiatives & 2024 Goals
The old saying “It’s a marathon, not a sprint” certainly applies to Dynamic Lifecycle Innovation’s approach to environmental, social, and governance (ESG). While we recognize the urgency of adopting ESG best practices — especially a reduction in greenhouse gas (GHG) emissions and our goal to achieve carbon neutrality— we also hold fast to the principle of striving to always get it right the first time.
Moreover, even as we launch or continue a litany of ESG initiatives, we will never compromise our standards, practices, or promises. This includes an unwavering commitment to safeguarding the sensitive data our customers entrust to us.
As always, we are grateful to the many stakeholders — team members, customers, partners, and others — who have supported us on our ESG journey. With your help, we’ll continue to make substantial progress toward our ESG goals during 2024 and beyond.
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Key Highlights From 2023
Energy Efficiency Initiatives
Initiated an Industrial Assessment Centers (IAC) audit to identify proposed energy efficiency projects; includes an ongoing solar panel assessment involving contractor interviews and the submission of a grant proposal. We also continued our progress reducing our fossil fuel consumption through various energy efficiency initiatives, including an ongoing transition to LED lighting.
Carbon Calculator
Delivering the industry’s most innovative and accurate tool, our web-based carbon calculator, to help our customers precisely understand how their materials management programs potentially avoid scope 3 GHG emissions. Empowered customers, using our software-based carbon calculator, to report an estimated 101,432,385 pounds of potential avoided greenhouse gas emissions.
Leadership Diversity
Cultivating the industry’s highest quality, most dedicated workforce: individuals who embrace our mission to protect the planet and our customers’ interests; this includes the many strong women who serve in executive and director roles at Dynamic.
Community Involvement
Engaging with, and making a big difference in, the communities where we work and live, through an ever-expanding array of collection events, volunteering, fundraising, and other initiatives.
Dynamic's 2024 ESG Goals
[TCFD: Metrics and Targets (c)]:
- Conduct a feasibility study for a carbon offset/inset project
- Explore a supplier diversity program
- Continue development of our ESG Strategy Team with representation from business units across the company and empower members to identify ways to become more sustainable, including reductions in waste and carbon emissions
- Complete an energy efficiency evaluation, including an assessment of a solar panel project and funding sources
- Deploy ESG employee engagement initiatives, especially those involving our Sustainability Committee
Standards and Frameworks: TCFD: Metrics and Targets (c)
Introducing: The Dynamic Carbon Calculator
The Most Accurate Potential Avoided Scope 3 Emissions Calculator In The Industry
Comprehensive, easy-to-use, and fully-validated by Sustainalytics, a Morningstar company.