Climate Change Data

Environmental Metrics

ESG Focus Areas

• Employee engagement
• Community investment
• Environmental impact
• Climate change
• Diversity, Equality & Inclusion

Environmental Achievements

• Developing awareness of environmental guidelines at operating facilities
• Upgrading energy and lighting systems
• Developing waste management procedures

Social Achievements

• Held ‘round table’ discussions between employees and management
• Off-site teambuilding event
• Activities undertaken for over 30 organisations
• Charitable donations to a number of organisations totalling c. $65k

Governance Achievements

• Strengthening the related oversight and governance and the engagement of management across the business
• Formalising risk management processes into the ROM Framework

Climate Goals & Targets

Environmental Challenges

• Limited data availability, especially in the supply chain
• Lack of fully established and integrated processes across multiple business divisions and jurisdictions
• Inconsistent climate proficiency across the business, severely lacking in the supply chain

Mitigation Strategies

• Appointed a group of ESG advisers to address the gaps in aligning our processes and reporting with TCFD recommendations
• Strengthening data and insight collection/collation process
• Implementing a climate matters proficiency programme for the Board and Company leadership
• Building a comprehensive climate-related risk and opportunities strategy and roadmap
• Formalising the ROM Framework

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Potential damage to infrastructure, closure of production plant and business activity interruption due to wildfires
• Increase in costs due to higher energy consumption due to alterations in global temperature patterns

Transition Risks

• Potential fines related to level of GHG emissions
• Potential increase of tax liabilities
• Potential of limiting success in tenders due to insufficient rating in environment certification
• Potential of increased energy consumption due to increased temperatures

Opportunities

• Increased consumer preference due to potential reduction in energy consumption/GHG emissions
• Analysis of alternative energy source provision to improve costs and reduce environmental impact

Reporting Standards

Frameworks Used: TCFD

Sustainable Products & Innovation

• Solutions for the safe, effective and environmentally-friendly treatment of pathogenic waste
• Environmental measuring systems
• Edgility

Environmental Metrics

ESG Focus Areas

• People
• Community
• Environment
• Climate Change

Environmental Achievements

• Developing awareness of environmental guidelines at operating facilities, upgrading energy and lighting systems and developing waste management procedures
• Edgility, the Group's open edge software platform, which reduces the amount of hardware needed and the need for on-site provisioning, enabling customers to consume less energy and reduce the carbon footprint for the same output.
• Solutions for the safe, effective and environmentally- friendly treatment of pathogenic waste from food production or medical and pharmaceutical facilities. These solutions enable customers to significantly reduce their environmental impact and also offer the ability to recover and recycle proteins and lipids.

Social Achievements

• Appointment of Group-wide Global VP Human Resources
• A subsidiary took out medical insurance for all employees
• Round table discussions held between employees and management
• Volunteering at a national food bank
• Prioritises training and development for its workforce, which was continued during 2023. The Group has training schemes focused on product training, skills enhancement and the achievement of additional career-enhancing qualifications, and often supply in excess of two weeks training per year for individual employees.

Governance Achievements

• Approved a new anti-bribery and corruption policy

Climate Goals & Targets

Environmental Challenges

• Initial challenges in developing the required processes and resulting management actions and their integration into the business, which relate to the availability of data, climate proficiency and difficulties of operating across multiple businesses in multiple jurisdictions and in multiple industries.

Mitigation Strategies

• Putting in place new frameworks and procedures to support us in addressing these matters
• Significantly enhanced the measurement and reporting of our carbon emissions
• Investing in strengthening Group-wide infrastructure and collaboration

Supply Chain Management

Responsible Procurement

• Collaborates with multiple vendors globally

Climate-Related Risks & Opportunities

Physical Risks

• Potential damage to infrastructure, closure of production plant and business activity interruption due to wildfires in certain jurisdictions
• Increase in costs due to higher energy consumption due to alterations in global temperature patterns

Transition Risks

• Potential fines related to level of GHG emissions
• Potential increase of tax liabilities in certain jurisdictions
• Potential of limiting success in tenders due to insufficient rating in environment certification
• Potential of increased energy consumption due to increased temperatures across various jurisdictions
• Potential increase in insurance premiums or inability to insure assets
• Costs of complying with climate- related regulation

Opportunities

• Increased customer preference due to potential reduction in energy consumption/GHG emissions
• Analysis of alternative energy source provision to improve costs and reduce environmental impact at facilities in certain jurisdictions
• Enhanced resilience compared with competitors due to earlier adoption of climate-related risks and opportunities management

Reporting Standards

Frameworks Used: TCFD

Sustainable Products & Innovation

• Edgility
• Solutions for the safe, effective and environmentally- friendly treatment of pathogenic waste