Climate Change Data

Environmental Metrics

ESG Focus Areas

• Emissions reduction
• Energy reduction
• Diversity & Inclusion
• Community Engagement
• Employee Wellbeing
• Sustainable solutions
• Resource efficiency
• Social Responsibility

Environmental Achievements

• Reduced mileage travelled
• Reduced fuel use
• Reduced emissions
• Zero landfill for waste generated at head office since April 2019
• 15-17% of all waste produced is converted into biofuel

Social Achievements

• Launched early-stage talent programme via Academy (Graduate and Apprenticeship scheme)
• 85.76% of employees would recommend Microlise as an employer
• 11% increase in average headcount
• India office achieved ‘Great Place to Work’ accreditation
• Introduced paid Covid-19 leave scheme in India
• Provided Covid-19 health insurance and vaccination scheme for employees and their families in India
• Provided ergonomic home office equipment and higher specification laptops to employees in India
• Annual health screening for all employees in India
• Mental health first aiders across the Group
• Community Engagement Group (CEG) manages corporate initiatives
• Corporate sponsor of Transaid
• Support for orphanages in India, local UK primary schools, and food banks
• Road To Logistics (RTL) training programme encourages new talent into the transport industry

Governance Achievements

• Successful IPO in July 2021
• Appointment of Lucy Sharman-Munday as an independent Non-Executive Director and chair of the Audit Committee
• Compliance with the QCA Corporate Governance Code
• Range of ethical and values-related policies and procedures in place (Anti-corruption & bribery policy, Anti-harassment & bullying policy, Corporate social responsibility statement, Equality & diversity policy, etc.)
• ISO9001, ISO20000, and TickITplus accredited

Climate Goals & Targets

Environmental Challenges

• Covid-19 pandemic
• Brexit disruptions
• Driver shortages
• Global microchip shortage
• Supply chain issues
• Inflationary pressures
• Exchange rate fluctuations
• Conflict in Ukraine

Mitigation Strategies

• Agile business model
• Strong financial controls and processes
• Contingency funding
• Realigning talent recruitment strategies
• Minimising currency risk exposure
• Diversifying supply chain partners
• Extending supply chain visibility
• Proactive monitoring of external risks
• Stringent safety procedures and protocols
• Hybrid work patterns

Supply Chain Management

Supplier Audits: Supplier assessment procedures in place

Responsible Procurement

• Sourcing from reputable and sustainable suppliers
• Procuring locally wherever possible

Climate-Related Risks & Opportunities

Physical Risks

• Increased levels of rainfall, flooding, heat waves and drought

Transition Risks

• Transition to alternative fuels

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SECR

Certifications: ISO9001, ISO27001, ISO20000, TickITplus

Third-party Assurance: BDO LLP

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Planning & Optimisation software
• TruFleet fleet management software

Awards & Recognition

• Queen’s Award for Innovation (TruTac)

Environmental Metrics

ESG Focus Areas

• Emissions reduction
• Energy reduction
• Employee wellbeing
• Diversity & Inclusion
• Community engagement

Environmental Achievements

• Enabled significant CO2 reductions through a combined saving of 136,337,175 KG CO2 (2.68 KG per litre of fuel not burned) for customers.
• Introduced an Electric Vehicle salary sacrifice scheme.

Social Achievements

• UK office obtained Great Place to Work accreditation.
• Listed as one of the UK’s Best Workplaces™ for Wellbeing in 2023.
• Increased hourly rates for lowest paid employees by 5.5% above the Real Living Wage.
• Microlise Limited gender pay gap difference in hourly rate of pay (median) decreased from 21.97% to 18.57%.
• Introduced a work from home allowance for hybrid workers.

Governance Achievements

• Adherence to the 10 principle QCA code.
• Comprehensive iHasco training covering ethical decision-making, risk management, and compliance.

Climate Goals & Targets

Environmental Challenges

• Global component shortages.
• High inflation.
• Supply chain disruptions.
• Staff shortages.
• Economic uncertainty.

Mitigation Strategies

• Replacing or designing-out difficult to source or expensive components.
• Diversifying supply chain partners.
• Extending supply chain visibility.
• Realigning talent recruitment strategies.
• Implementing RPI increases to limit the impact of inflationary pressures.
• Operating foreign company bank accounts to offset foreign currency receipts and payments.
• Continuous investment into the security of both its products and business.

Supply Chain Management

Responsible Procurement

• Sourcing from reputable and sustainable suppliers
• Procuring locally wherever possible
• Supplier assessment procedures

Climate-Related Risks & Opportunities

Physical Risks

• Increased levels of rainfall, flooding, heat waves and drought

Transition Risks

• Continued focus on fossil fuel consumption and the transition to alternative fuels

Opportunities

• Reducing customers' carbon footprint through efficient use and management of their assets

Reporting Standards

Frameworks Used: SECR

Certifications: ISO9001, ISO27001, ISO20000, TickITplus

Third-party Assurance: BDO LLP

Sustainable Products & Innovation

• IIoT platform
• Tru-Van (compliance product for vans)

Awards & Recognition

• Great Place to Work accreditation
• UK’s Best Workplaces™ for Wellbeing
• Green Mark by London Stock Exchange
• Grade A by Unicorn investor