2025 Emissions Performance Update

Methodology and Restatement Note: Clayco periodically reviews its greenhouse gas inventory methodologies, organizational and operational boundaries, data sources, emission factors, and scope and category classifications. To maintain consistency and comparability over time, Clayco has recalculated its 2021 base-year inventory and, where applicable, subsequent reporting years using its current methodology.

These restatements include reclassifying a portion of fuel consumed by fleet vehicles from Scope 3 to Scope 1; improving the completeness and allocation of project-site utility data; and updating emission factors and calculation methods for business travel, fuel- and energy-related activities, and waste generated in operations.

As a result, the figures presented here may differ from earlier public disclosures or information previously provided in connection with SBTi target validation. The restated figures supersede previously reported values for year-over-year comparisons and internal target-progress tracking. If the completed assessment confirms that the revisions change emissions within an SBTi target boundary by 5% or more, Clayco will initiate the applicable SBTi base-year and target recalculation and revalidation process.