Climate Change Data

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Increased number of specialist electricians and FITAS accredited Field Service Engineers
• Full GDPR audit completed to ensure compliance
• Initiated a programme to attain ISO 27001:2 accreditation for our Information Security Management System (ISMS)

Governance Achievements

• All businesses within the Group and all sites retained their ISO 9001, ISO 14001 and BH OSAS 18001 accreditations

Climate Goals & Targets

Environmental Challenges

• Reduction in government spending on public transport
• Brexit
• Major project delivery
• Dependence on key suppliers
• Competition
• Technology

Mitigation Strategies

• Diversified position in the transport sector operating nationally rather than regionally across bus and rail networks, on and off vehicles. Targeting an increase in international sales.
• Initiated a programme of advance purchase and delivery of stock to our warehousing facilities in Coventry, Stockholm and Auckland to mitigate any short-term impact. Duty paid on non-EU purchases is in line with WTO terms.
• Risk assessments are conducted for all projects and the major ones are also subject to Board approval. Major projects are reviewed at various levels and frequencies throughout the project lifecycle.
• Wherever possible the Group endeavours to retain a choice of suppliers for its components and finished goods. Constantly looking for ways to minimise technical and commercial risk.
• Continue to increase its technical capability to capitalise on our current market position and work closely with technology partners to broaden our skills. Targeting becoming a larger group via organic growth and potential acquisitions.
• Investing in our development team allowing stronger relationships with partner organisations.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 9001: 2015, ISO 14001: 2015, BS OHSAS: 2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Sustainability
• Environmental
• Social
• Governance

Environmental Achievements

• Seeking to prolong the operating life and extend the functionality of customers’ existing systems by recycling/upcycling, whilst integrating new technologies and protocols.

Social Achievements

• Implemented swift and effective responses to the Coronavirus pandemic and introduced appropriate health and safety protocols to enable safe operation.
• Worked closely with customers to ensure quick, accurate and easy dissemination of key transport information and supported public messaging on how to keep safe whilst using public transport.

Governance Achievements

• Incorporated Environmental, Social and Governance (ESG) elements into much of its planning and operations.

Climate Goals & Targets

Environmental Challenges

• Covid-19 pandemic and government-enforced lockdown impacting operations and customer activity.
• Bus manufacturers closing factories, suspending assembly of new vehicles, and transport operators reducing services.

Mitigation Strategies

• Adapted to the changing environment using existing remote working systems.
• Implemented health and safety protocols.
• Continued to deliver projects and services to meet customer needs.
• Tight controls over cash management, equity fundraises, and participation in the VAT payments deferral scheme.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Innovation and product responsibility
• Energy use and carbon emissions/low carbon products
• Health, safety and wellbeing
• Customer satisfaction
• Operational data privacy and security
• Attracting and retaining talent
• Diversity, inclusion and equality
• Responsible Supply Chain
• Corporate Governance
• Social impact investment
• Waste and recycling
• Economic contribution
• Ethical conduct
• Risk management

Environmental Achievements

• Developed new optically bonded displays, reducing power consumption and improving durability. Reduced average kWh annual consumption of 32” outdoor displays from 0.13 to 0.06, and reduced average KGCO2e from 1140 to 526.

Social Achievements

• Maintained all ISO 9001, 14001, 27001 and 45001 accreditations and Cyber Security and ICO certification.
• Adopted a primarily hybrid working model.
• Continued to support large-scale and complex deployments of Journeo technologies.

Governance Achievements

• Maintained all ISO and cyber security accreditations.
• Completed the acquisition of Infotec Group Ltd in January 2023.

Climate Goals & Targets

Environmental Challenges

• Impact of COVID-19 on supply chain and customer demand.
• Shortage of qualified bus drivers.
• Pressure on global supply chains.
• Possibility of escalating conflict in Ukraine and tensions between China and Taiwan.
• Changes in people’s work patterns reducing commuter spend.
• Changes to buying decisions through Enhanced Partnerships and franchising.
• Changes in Government policy and funding streams.

Mitigation Strategies

• Dedicated COVID-19 response team.
• Advance purchasing of core components and development of alternative sourcing strategies.
• Close monitoring of supply chain and global events.
• Working with customers to identify areas where Journeo can add value or optimize their transport networks.
• Engaging with key asset clients on their Enhanced Partnership plans.
• Maintaining regular communication with supply chain and customers.

Supply Chain Management

Responsible Procurement

• Initiated a programme of advance purchase and delivery of stock to mitigate any short-term impact from supply chain disruptions.

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Optically bonded displays

Environmental Metrics

ESG Focus Areas

• Environmental, Social, and Governance (ESG)

Environmental Achievements

• Maintained ISO 14001 accreditation

Social Achievements

• Not disclosed

Governance Achievements

• Maintained ISO 9001, 27001, and 45001 accreditations

Climate Goals & Targets

Environmental Challenges

• Supply chain constraints
• Hikes in inflation
• Supply chain issues impacting delivery schedules (deferred approximately £0.5m revenue into H2 2022)

Mitigation Strategies

• Supply chain management and strategic stock purchasing
• Redesign, strategic stock purchasing, and close relationships with suppliers to improve delivery schedules

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 9001, 14001, 27001, 45001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Journeo CMS digital wing mirror replacement system

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Carbon Reduction
• Product Responsibility
• Continual Improvement

Environmental Achievements

• Approximately 35% of displays in Swansea Council project will be off-grid, powered by solar panels.

Social Achievements

• Established the Journeo Design Centre, bringing together specialists from across the Group.
• Strengthening the senior leadership team.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Cost efficiencies in our supply chain and optimisation through the design for manufacturing process continue to be realised.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed