Celebrus Technologies plc
Climate Impact & Sustainability Data (2023, 2024)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:375 tCO2e/year (2023)
Scope 1 Emissions:0.5 tCO2e/year (2022), 2 tCO2e/year (2023)
Scope 2 Emissions:102 tCO2e/year (2022), 88 tCO2e/year (2023)
Scope 3 Emissions:214 tCO2e/year (2022), 286 tCO2e/year (2023)
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduced Scope 1 emissions (from 0.7 tCO2e in 2021 to 0.5 tCO2e in 2022 and 2 tCO2e in 2023)
- Offset all 317 tonnes of 2022 carbon emissions through investment in a renewable solar power project in Northern India.
- Launched an electric car scheme in the UK.
Social Achievements
- Overall employee satisfaction score increased from 4.15 to 4.35.
- Increased cover for all employees in India to include parents in company-funded healthcare scheme.
- 19% of line management team are women.
Governance Achievements
- Implemented policies covering tax fairness, bribery, and whistleblowing.
- Executive Directors' remuneration has a proportion related to ESG objectives (when appropriate).
Climate Goals & Targets
Long-term Goals:
- Formulate a long-term strategic plan for carbon footprint reduction, including incorporation of climate risks into the Group’s risk register (2024).
Short-term Goals:
- Reduce emissions arising from office moves in India (2024).
Environmental Challenges
- Ongoing increase in travel due to trade conferences and face-to-face customer meetings.
- Review of supply chain to seek further reductions in emissions.
Mitigation Strategies
- Office move in India expected to significantly reduce emissions.
- Office move in the UK (reduced space usage).
- Continuously testing the need to travel, encouraging public transport, and considering hiring personnel closer to key customer locations.
Supply Chain Management
Responsible Procurement
- Supplier code of conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Greenhouse Gas (GHG) Protocol
Reporting Period: 2024
Environmental Metrics
Total Carbon Emissions:375 tCO2e/year (2022: 317)
Scope 1 Emissions:0.5 tCO2e/year (2022: 0.7)
Scope 2 Emissions:88 tCO2e/year (2022: 80)
Scope 3 Emissions:286 tCO2e/year (2022: 249)
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Made investments into projects to offset all of the 317 tonnes of 2022 carbon emissions. The project was a renewable solar power project in Northern India which is expected to replace 32,000 MWh/year currently produced primarily from fossil fuels.
- Launched an electric car scheme in the UK.
Social Achievements
- Overall employee satisfaction score increased from 4.15 to 4.35.
- Increased cover for all employees in India to include parents in the company-funded healthcare scheme.
- No major injuries reported under the Reporting of Injuries, Diseases and Dangerous Occurrence Regulations.
Governance Achievements
- Continued to operate a remuneration structure made up of basic salary, pensions and benefits, annual performance-related bonuses, and a long-term incentive plan (LTIP).
- A significant proportion of executive remuneration has been based on performance, designed to align executive pay with shareholder interests.
Climate Goals & Targets
Medium-term Goals:
- Formulate a long-term strategic plan for carbon footprint reduction, including incorporation of climate risks into the Group’s risk register.
Short-term Goals:
- Reduce emissions arising from office moves in India.
Environmental Challenges
- Ongoing increase in travel due to attendance at trade conferences and face-to-face meetings with customers.
- Changes in the global economy impacting customer profitability and willingness to contract for new products and services.
- Risks of not achieving appropriate sales levels and delivering signed-up projects.
- Risks of back-end infrastructure not supporting growth.
- Exposure to changing regulations for the collection of consumer data.
- New competitors or changes to existing competitors’ products altering market dynamics.
Mitigation Strategies
- Monitoring the market for price sensitivity and engaging more closely with existing customers.
- Engaging more closely with suppliers to manage cost increases.
- Increasing the size and capability of sales, marketing, and customer success teams.
- Investing in internal systems to better manage and support the business.
- Closely monitoring markets and collaborating with clients, suppliers, and partners to minimise the impact of changes.
- Following proposed regulatory changes and adapting processes and policies.
- Continuously scanning the market for potential technology threats and having a development process to ensure technology evolves to meet client needs.
- Examining the possibility of appointing project delivery partners.
Supply Chain Management
Responsible Procurement
- Supplier code of conduct