2022 Profound Impacts Report

We are publishing our inaugural Sustainability and Impacts report at a critical time for our world and industry. The latest Intergovernmental Panel on Climate Change (IPCC) report warns that it is “now or never” to limit global warming to 1.5 degrees. The report highlights urban migration as responsible for an increasing share of emissions, due in part to rising global activity levels in the building industry.

Profound Positive Impacts

As we grow our business and operations, we will do so in a way that actively supports leading global frameworks such as the 2030 United Nations Sustainable Development Goals (SDGs). Our commitments are aligned with the following global goals:

#3 Good Health and Wellbeing

#7 Affordable and Clean Energy

#8 Decent Work and Economic Growth

#9 Industry Innovation and Infrastructure

#11 Sustainable Cities and Communities

#12 Responsible Consumption and Production

#13 Climate Action

#15 Life on Land

#17 Partnerships for the Goals

Sustainability Commitments at a Glance

Climate: Innovative and industry leading carbon reduction

50% less embodied carbon in Nexii products* by 2025

Highlights

  • Nexii walls have up to ~31% less embodied carbon than conventional construction materials.
  • We are pursuing a suite of strategies to meet our target including: zero emission manufacturing plants, innovative materials, innovative panel design, integration with mass timber and design for reuse
*vs 2021 conventional construction baseline, such as steel stud and high performance tilt-uo concrete.

Net zero operational carbon achieved by Nexii buildings* by 2025

Highlights

  • Nexii buildings use approximately 1/3 less energy overall and 1/2 the heating energy when compared with standard builds meeting code compliant requirements (excluding process loads)
  • We will grow and expand Nexii Integrated Technology Partnerships including Siemens, Honeywell, Trane and Pella towards delivering net zero carbon buildings
* Nexii ‘buildings’ means our standard whole building delivered with Integrated Technology Partners (excluding process loads)

Net zero carbon across our operations and value chain* by 2030

Highlights

  • We are taking active measures to decarbonize existing manufacturing plants, through energy efficiency measures, electrification of equipment, and investment in renewable energy
  • Nexii has committed to the Science-Based Target Initiative (SBTi) Net-Zero Standard
*Value chain refers to the full range of activities required to create a Nexii product from start to finish, including end-of-life value and reuse.​

Sustainability Commitments at a Glance

Nature: Protect and support healthy ecosystems

Ensure no use of materials known to pose serious risks to human and ecosystem health

Highlights

  • Our R&D team evaluates every new material that goes into a Nexii panel against the International Living Future Institute (ILFI)’s Red List - there have been no Red List materials found in our Bill of Materials to date
  • We are actively pursuing Healthy Product Declarations (HPDs) for our products with a view to release in 2022

Zero Waste certified manufacturing within 2 years of opening each plant

Highlights

  • Nexii’s is working towards TRUE certification for our Squamish manufacturing plant
  • Design for Reuse case study complete - only two buckets of waste remained at the end of the building deconstruction!

Restore equal amounts of habitat as the land footprint of our corporate projects by 2025

Highlights

  • We are establishing our Habitat Conservation Program, along with the accompanying tracking system, partnership criteria and KPIs

Sustainability Commitments at a Glance

People: Develop a diverse and empowered workforce with culture of safety, ethics, and integrity, and expect the same of our partners

Maintain a TRIR and LTIR of 50% below industry average; target 85% below industry average by 2025

Highlights

  • Nexii’s performance for LTIR in 2021 was 0.72, 78% better than industry average. There have been no Lost Time Incidents during 2022 thus far, across all plants and NCMs.
  • As a team, we identify OH&S hazards, risks, and opportunities at our workplace and conduct periodic audits to find opportunities to continuously improve our OH&S program

Develop a culture of ethics and integrity, and expect the same of our partners

Highlights

  • Nexii Speak-Up Policy and Speak-Up Hotline launched in Oct 2021, with quarterly communication to our Audit Committee
  • We have signed a UN Global Compact Commitment Letter and are developing a roadmap to implement the Ten Principles into Nexii's strategies, policies and procedures

Create a diverse and empowered workforce, and provide equal pay for work of equal value across genders

Highlights

  • In 2021, Nexii initiated an Equity, Diversity and Inclusion (EDI) initiative, to help identify barriers and opportunities for establishing more equitable and inclusive practices across the company
  • We are building more diverse candidate pools as part of our practice to establish more inclusive hiring practices

Increased sustainability engagement at all levels, with senior leadership compensation linked to ESG outcomes

Highlights

  • All Nexii team members have access to our sustainability training modules through our Learning Management System and are encouraged to apply concepts to their roles
  • Our Nexii Compensation Committee is in the process of developing mechanisms that links senior leadership compensation to progress against our sustainability commitments

Sustainability Commitments at a Glance

Community: Partner with, develop and invest in our communities

Up to 40 paid volunteer hours/employee/year in Sustainability-aligned areas

Highlights

  • Our volunteering working group (Nexii CARES) has been established and is building relationships with mission-aligned volunteer organizations and opportunities
  • In the fall of 2021, Nexii partnered with a coalition of companies to donate over $1M to communities and businesses affected by the devastating floods in British Columbia

Develop green education & career pathways targeting >25% uptake by Underrepresented Communities

Highlights

  • Nexii seeks to hire locally and establish sustainable building and construction pathway partnerships, with a focus on under-represented communities
  • We deliver external content as a recognized educational provider with architectural institutes, engineering associations and environmental forums

Green Metrics

Environmental Stewardship