Liberty Tire Recycling | 2023 Environmental, Social and Governance Report 55 OPERATING RESPONSIBLY Suppliers A company’s supply chain is a central element of its success. Because of this, it is essential to both manage any potential risk from suppliers and identify strong suppliers as they impact our Scope 3 emissions values. It is beneficial to partner with suppliers that prioritize their sustainability initiatives. In 2023, Liberty surveyed our top 500 suppliers, including our transportation vendors, about their sustainability programs, ESG policies, minority status and reporting efforts. Liberty Tire Recycling also requires all suppliers to adhere to the Liberty Tire Recycling Supplier Code of Conduct. 9 We had 35% of surveys answered and returned. Of the surveys completed, the following was either true for 2022 or planned for 2023: 5% are a minority owned businesses 28% have a formal sustainability or ESG program 50% have documented ESG-related policies 20% issue sustainability reports 17.5% track carbon emissions 32.5% track waste generation 27.5% analyze water usage This information will be used to inform our supply chain strategy, identify areas we can de-risk our supply chain and increase the diversity of our suppliers. 17.5% have set publicly available sustainability goals and/or GHG reduction targets 12.5% have sustainability related certifications 50% have policies in place or procedures in place to ensure their suppliers are sustainable and ethically run 87.5% have regular employee health, safety, and environmental training provided 22.5% have completed a Life Cycle Assessment (LCA) for their operations or a product 5% have completed an Environmental Product Declaration (EPD) for one or more of their products 9. https://libertytire.com/SustainabilitySupplier-Conduct/
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