Climate Change Data

Environmental Metrics

ESG Focus Areas

• Social Responsibility
• Environmental Sustainability
• Ethical Business Practices

Environmental Achievements

• London and Huddersfield offices set a target to reduce their carbon footprint by at least 5% over the next 12 months.
• The UK operation of the Group has been awarded the Carbon Smart Blue Award during the year, and is aiming to achieve the Silver award in the next 12 months.
• The Group encourages the recycling of waste paper and office waste and plans to increase the recycling rates and materials recycled throughout the Group.
• The Group has recently introduced a ‘paid-for’ waste recycling initiative in our London office.
• The Group has installed video-conferencing facilities at its London, Huddersfield, Moscow, St Petersburg, Kiev, Istanbul, Almaty and Hamburg offices to reduce staff travel requirements.
• Computers and IT equipment are recycled where possible and redundant equipment is either sold to staff or given to charitable organisations.
• The Group has been reducing its printed materials over the last few years, with a greater reliance on electronic media for its marketing materials.
• The Group encourages staff to use public transport through offering season ticket loans for London staff.
• The Group is taking advantage of recent e-communications legislation for communicating with shareholders and so will be able to reduce the volume of printed materials produced with the publication of our Annual Report and Interim Statement.

Social Achievements

• Charitable donations across the Group totalled over £35,000 (2009: £18,000).
• The Group has also donated equipment with a value of approximately $10,000 to the ‘Special School for the Hearing Impaired’ in Uzbekistan.
• Employees are selected and promoted on the basis of merit and ability, regardless of age, gender, race, religion, sexual orientation or disability.
• All staff are eligible for issues of share options or awards under the Employee’s Performance Share Plan.
• All employees in the London office have had a ‘refresher’ Health and Safety training session.
• Staff from all regions with lead responsibility for the operation of the Group’s exhibitions on-site also attended an updated training course.

Governance Achievements

• The Board has decided to adopt early the new provisions on annual re-election of Directors as recommended by the recently issued 2010 UK Corporate Governance Code.
• The Group promotes high ethical standards in carrying out its business activities and has clear guidelines for dealing with gifts, hospitality, corruption, fraud and the use of inside information.
• All ITE staff are required to comply with the laws and regulations of the country in which they operate.
• The Group is a member of UFI (the worldwide exhibition organisers association) and through this, the attendance figures at our key exhibitions are audited by independent services.

Climate Goals & Targets

Environmental Challenges

• Political uncertainty and regulatory risk in Russia and the CIS.
• Economic instability reducing demand for exhibition space.
• Damage to or unavailability of venues.
• Competition in existing markets.
• Loss of key staff.
• Foreign currency risk.

Mitigation Strategies

• Establishing its business as independent Russian and CIS companies fully contributing to the local economy.
• Operating across a wide range of sectors and countries.
• Maintaining flexible cost structure.
• Maintaining good relationships with venues and securing exhibition rights for at least three years.
• Business interruption insurance policies.
• Strong position as an international organiser through effective use of its international sales network and established brands.
• Building loyalty in staff through competitive remuneration and long-term incentive plans.
• Minimising exposure by protecting a certain amount of euro-denominated sales with forward contracts and utilising currency overdraft facilities to hedge foreign currency balance sheet assets.

Supply Chain Management

Responsible Procurement

• The Group aims to provide a high quality of service at all its events in all locations.
• The Group operates to a strict minimum quality level to ensure events are provided to exhibitors and visitors at international standards, irrespective of where they are held.
• The Group ensures that all advertising and public communications avoid untruths or overstatements.
• ITE builds a relationship with suppliers based on mutual trust and undertakes to pay suppliers on time and in accordance with agreed terms of business.
• All information regarding the relationship between the Group and a supplier must remain confidential.

Climate-Related Risks & Opportunities

Awards & Recognition

• Carbon Smart Blue Award