Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Climate Goals & Targets

Environmental Challenges

• Inflationary pressure affecting material and labour costs
• Loss of key clients
• Labour shortages
• Adverse change in economic conditions affecting demand for the Company’s products or services
• Competition

Mitigation Strategies

• Most of Betta Group’s sales are based on purchase orders or short-term contracts hence significant changes in material and labour costs could be reflected accordingly in quotes and tenders in a timely basis. In our software technology businesses, we operate a SaaS model with limited operating costs. Management also constantly monitors the cost base of the businesses and implement cost savings and operating efficiencies where possible.
• Betta Group is a preferred infrastructure services supplier for our major clients in Central Queensland and we are committed to maintaining our competitive position by providing reliable, quality and competitively-priced services.
• Betta Group’s operations require tradesmen including electricians to service our clients. The business has been able to attract and retain employees locally to date, and may consider hiring overseas workers if and when deemed necessary. Our software technology businesses do not require a large workforce and product development / support could be outsourced if needed.
• the Company’s service offerings are largely non-discretionary in nature and the Company plans ahead to adjust its cost base in times of economic slowdown.
• the Company maintains its competitiveness through patent protection and by investing in research and development to ensure its technology platforms are ahead of our competition and meet our clients’ requirements.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: World Economic Forum's Stakeholder Capitalism Metrics ESG framework

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Jointly commissioned report with a client showing >34% reduction in carbon emissions over 5 years (2017-2021) through OLMS optimization.

Social Achievements

• Meaningful client engagement supporting not-for-profit organizations like the Australia Community Transport Association.
• Targeted training and development for employees; $87k spent on training in FY22 (avg $1360/employee).

Governance Achievements

• Implemented the World Economic Forum framework for ESG reporting in 2022.
• Structured remuneration packages for key management personnel aligned with shareholder and business objectives.

Climate Goals & Targets

Environmental Challenges

• Climate risks
• Transition to electrification
• Health and safety risks
• Cyber security concerns
• Labor shortages in contracting
• Inflationary pressure on material and labor costs in contracting
• Inability to attract customers for software products
• Partnership failures
• Increased marketing from competitors
• High software development costs
• Loss of key clients
• Economic conditions affecting software spending
• Patent protection defense

Mitigation Strategies

• Hiring from overseas
• Shifting to cost+ and schedule of rates contracts (Betta Group)
• Increased marketing efforts
• Strengthening partnerships
• Focus on client engagement
• Proactive approach to ESG objectives

Supply Chain Management

Climate-Related Risks & Opportunities

Opportunities

• Smart Cities development

Reporting Standards

Frameworks Used: World Economic Forum framework

Sustainable Products & Innovation

• OLMS
• OWLS
• Car management software