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Rivian Automotive, Inc.
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===='''ESG (Environmental, Social, and Governance):'''==== Rivian is committed to diversity, equity, inclusion, and belonging. They have operating principles that anchor their work for belonging, which includes representation, diverse teams, self-awareness, and equitable practices. They have developed a range of internal programs and offerings for their employees to foster a sense of belonging. Rivian is also committed to responding effectively to climate change. They are one of the signatories to The Climate Pledge, committing to reaching net-zero carbon emissions by 2040. They aim to measure and report their GHG emissions, implement decarbonisation strategies, and power charging on the Rivian Adventure Network and Rivian Waypoints Network with 100% renewable energy. Rivian's products are designed to reduce impact on the environment over their lifecycle. This includes incorporating sustainable materials, prioritizing energy efficiency, and recycling key materials. They also track and forecast the carbon footprint of design iterations throughout the product development process. Rivian is subject to stringent and comprehensive federal, state, and local laws and regulations governing matters related to environmental protection, occupational health and safety, and the release or discharge of materials into the environment. Rivian is facing increasing scrutiny related to their ESG practices and reporting. Investors, consumers, employees, and other stakeholders have focused increasingly on ESG practices and placed increasing importance on the implications and social cost of their investments, purchases, and other interactions with companies.
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