Core Insights - Matrix Service Company released its Fiscal 2024 Sustainability Report, emphasizing its commitment to sustainability as part of its core values [1][2] - The company completed its first Materiality Assessment to prioritize sustainability efforts and meet stakeholder expectations [2] Sustainability Initiatives - The report highlights investments in systems and processes aimed at achieving maximum quality and efficiency in project management and execution [2] - Matrix is focused on ensuring compliance with future federal and state ESG reporting requirements and enhancing global supply chain performance [2] - The company aims to accurately capture and report Scope 1 and 2 GHG emissions, ensuring audit readiness [2] Reporting Standards - Matrix has adopted the Sustainability Accounting Standards Board (SASB) reporting standards and began reporting under the Financial Stability Board's Task Force on Climate-related Financial Disclosure (TCFD) recommendations [3][4] - The adoption of these frameworks is intended to provide consistent, comparable, and meaningful sustainability reporting [4] Company Overview - Matrix Service Company operates in three key segments: Utility and Power Infrastructure, Process and Industrial Facilities, and Storage and Terminal Solutions [5] - The company is recognized for its strong ESG practices, board diversification, and workplace culture [6]
Matrix Service Company Publishes Fiscal 2024 Sustainability Report