Carbon Reduction Plan

Baseline emissions are a record of the greenhouse gases that have been produced in the past and were produced prior to the introduction of any strategies to reduce emissions. Baseline emissions are the reference point against which emissions reduction can be measured.

Completed Carbon Reduction Initiatives

The following environmental management measures and projects have been completed or implemented since the 2023 baseline. As these carbon emission reduction initiatives have been newly implemented or previously only factored in emissions for scopes 1-2, as opposed to all three, we have limited data on what has been achieved so far.

During 2023, as a company we have implemented several steps to improve our energy efficiency and reduce our carbon footprint.
These include:

• Moved into New Office reducing square footage by 36% thus reducing footprint and as such reducing energy consumptions due to size and efficiency. Some specific areas:
  • New Building has an EPC Rating of B or Excellent upgrading by 2 bands from previous Office.
  • Occupancy or motion sensitive lighting in our UK offices.
  • Recycled, Re-used, sold or gave to charity unwanted furniture and equipment.
  • Fit Out was completed as efficiently as possible with 92.4% waster recycled and further 6.77% of waste sent for energy recovery.
  • The use of occupancy or motion sensitive lighting.
• Using Technology to reduce emissions and travel through the increased use of video conferencing, webinars, and other online tools such encouraging remote/hybrid working by utilizing Teams for meetings where appropriate to reduce travel and DocuSign to reduce paper usage.
• Supported Electric vehicles by ensuring electric charging points into our new office car park.
• A technology refresh program providing employees with newer, more energy efficient equipment.
• Using technology to reduce emissions and travel through the increased use of video conferencing, webinars, and other online tools.
• Setting network printers across the Group to print double-sided, black and white as default.
• Ensuring our office electricity is provided from renewable resources, so there was no carbon footprint.
• Reducing the usage of our vehicle fleet.
• Encouraging “greener working” for employee home working across the UK.
• Carbon offsetting by supporting a number of environmentally friendly initiatives, such as “Trees for Life” (a registered charity that is rewilding the Scottish Highlands), as part of which we have planted a tree for every UK employee, which we are now looking at rolling out to other regions we operate in. So far, we have planted 366 trees in the Supplier’s grove, which we continue to expand. The Supplier also replicates this initiative in the EU, North America, and India. The tree number globally is 1,191.

In the future we hope to implement further measures such as:

• Continue to collect data, and report Scope 1-3 emissions annually across our UK operations.
• Improve data quality by collecting primary supplier data as this is a key lever to achieve our reduction goals.
• Proactively partner with suppliers that match our Net Zero ambition to facilitate high-quality data provision and year-on-year emission reductions.
• Continually review and update our Carbon Reduction Plan to identify further levers we can pull to reduce emissions.
• Once our reduction goals have been achieved, we will look to offset residual emissions.

To provide an opportunity for our employees to suggest further ideas on new environmentally friendly policies, we have partnered with Gallup on an annual employee engagement survey which will be rolled out globally, with the ability to sift through the data on a country-level, department-level, gender-level etc. to see how employees are feeling about the company. As part of this survey, we are now looking to include additional environmental protection questions to identify areas where improvement is needed and understand further initiatives or new strategies that can be implemented. We also include dedicated sessions for all elements of ESG, including environmental protection and improvement, as part of our onboarding “Springboard” sessions, where new hires are talked through the initiatives and research we are currently working on and invite them to get more involved or suggest new ideas that can be implemented.