Climate Change Data

Ultra Electronics Holdings plc

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:12,974 tonnes of CO2 (tCO2e)
Scope 1 Emissions:1,855 tCO2e
Scope 2 Emissions:9,901 tCO2e
Scope 3 Emissions:1,217 tCO2e
Carbon Intensity:15.3 tCO2e per £m of revenue in 2021

ESG Focus Areas

  • Protecting our planet and society (Environment + Defence)
  • Supporting our people (Employees, Customers, Supply Chain)
  • Giving back (Charity and Community)
  • Doing the right thing (Governance)

Environmental Achievements

  • Reduced site footprint across regions by 21,000 sq ft since 2019
  • Reduced GHG emissions to 11,756 tCO2e in 2021 vs 15,010 tCO2e in 2019 (scopes 1 and 2 only)
  • Reduced plastic consumption by over 75,000 items
  • More than £10,000 saved on purchasing plastic cups, cutlery and bottles annually
  • Reduced our plastic consumption by over 75,000 items

Social Achievements

  • 776 offers accepted (113% to goal)
  • 82% of offers extended are accepted
  • Reduced UK agency spend by £431,922
  • Launched Ultra ‘STAR’ leadership model
  • Launched ‘Strategies for Success’ (S4S) programme for women in leadership, resulting in 25% of participants receiving promotions or significant stretch assignments and 94% retention rate.
  • Awarded UK Armed Forces Covenant Employer Recognition Scheme Gold Award

Governance Achievements

  • Updated anti-bribery and corruption manual and policy
  • Launched Global Data Privacy training
  • Launched new Supplier Code of Conduct
  • Launched ONE Ultra Safety initiative
  • Established Ultra’s Safety Committee
  • Launched Speak Up whistleblower channel

Climate Goals & Targets

Long-term Goals:
  • Continue to improve and implement Group-wide development programmes to deepen leadership capability
  • Continue to increase manager capability in key areas
  • Well established functional capability models for all key functions across Ultra
  • 100% of Ultra’s top suppliers and suppliers agreeing a contract with Ultra after 2022 signed up and following the expectations set out in the code
  • Zero lost time health and safety incidents
  • Top quartile Engagement Survey value scores
Medium-term Goals:
  • Achieve net zero emissions
  • Global alignment to ISO 50001 – Energy Management System for certification in 2023
  • Reduce average age of open requisitions
  • Increase engagement and usage of global referral programme
  • Implement Group-wide development programmes
  • Increase manager capability in key areas
  • Complete ISO 45001 certification programme for all UK sites, plus pilot global North America sites
  • Signing up Ultra’s top 30 suppliers to the new Ultra Code of Conduct by the end of 2022
Short-term Goals:
  • Sign up to Race to Zero with a published carbon reduction plan in 2022
  • Eliminate all single-use plastic cutlery, plates, straws, and cups by the end of 2022
  • Achieve global ISO 14001 certification
  • Reduce GHG emissions by 10% relative to revenue in 2022

Environmental Challenges

  • Global challenges of the past few years impacting ESG ambitions
  • Uncertainty around the acquisition of Ultra impacting workforce retention
  • Increasing stakeholder climate change and ESG strategies reducing business and investment appetite for businesses perceived as immature in management of climate change impacts
  • Extreme weather events threatening business continuity
  • Increased costs of power/utility supplies due to climate change regulatory actions
  • Increased costs of implementing Ultra’s climate strategy or new ‘taxation’ on Ultra’s own residual emissions/activities
  • Climate change consequences increasing geo-political disruption/uncertainty
Mitigation Strategies
  • Developing and refining carbon reduction plan to achieve net zero
  • Formally agreeing Science Based Targets
  • Undertaking climate-related financial risk and opportunity screening assessment
  • Investing in resilience measures to mitigate extreme weather risks
  • Implementing energy efficiency measures (switching to clean energy, replacing inefficient equipment, expanding video conferencing, revising remote-working policies, etc.)
  • Developing a ONE Ultra Packaging Policy to reduce waste
  • Engaging with a new site insurance partner with risk engineering expertise

Supply Chain Management

Responsible Procurement
  • New Supplier Code of Conduct
  • Responsible sourcing of materials, including conflict minerals
  • Compliance with safety standards and human rights

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Increased costs of power/utility supplies
  • Increased costs of implementing climate strategy
  • Reduced business and investment appetite from stakeholders
Opportunities
  • Market growth in nuclear energy

Reporting Standards

Frameworks Used: ISO 14001, ISO 50001, TCFD, UN SDGs

Certifications: ISO 14001 (UK sites), ISO 27001 (identified information security management systems)

UN Sustainable Development Goals

  • Quality Education
  • Responsible Consumption and Production
  • Climate Action

Aligned with Ultra’s ‘A Positive Force’ framework and Social Value initiatives

Awards & Recognition

  • UK Armed Forces Covenant Employer Recognition Scheme Gold Award
  • Ultra Communications recognised as one of ‘Montreal’s top employers’
  • Ultra SMaP achieved a Gold in the RoSPA Health and Safety Awards