Liberty Tire Recycling | 2022 Environmental, Social & Governance Report 21 ACCELERATING ENVIRONMENTAL STEWARDSHIP Reclaiming, recycling, reusing, and repurposing is just the start of our efforts to accelerate environmental stewardship. Understanding the immediate climate crisis our world faces, reducing greenhouse gas emissions is also one of our top priorities. In 2020 and 2021, we measured our carbon footprint and handprint to better understand our total impact on the environment. Our handprint shows how beneficial the use of recycled products is when compared to the virgin alternatives of these products and how much these products can impact greenhouse gas emissions reductions. We have identified opportunities to reduce greenhouse gas emissions by implementing software to optimize collection routes and ensure trucks are filled to capacity at the end of each route. This has already resulted in a lowered carbon impact during tire collection. Building on this progress, we are actively working to develop a comprehensive strategy and subsequent initiatives to further decrease our carbon footprint. In late 2022, in addition to our zero waste goals, we set the two additional goals. We look forward to reporting our progress in our future ESG reports. Reduce Energy Intensity by 25% by 2032 4 We will accomplish this goal by identifying opportunities in production efficiencies, compressed air management, peak demand, power factor, and LED lighting upgrades. Improve Fleet Efficiency by 30% by 2032 4 We will reach this goal through a variety of initiatives in the areas of alternative fuels, DOT compliance, route optimization, fuel efficiency, idle time reductions, and driver training. 4. Baseline year is 2022
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