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

  • Launched ONE Ultra Forces Charter, demonstrating commitment to military veterans
  • Awarded UK Armed Forces Covenant Employer Recognition Scheme Gold Award
  • Launched Global Referral Programme rewarding employee referrals and allowing charity donations
  • Improved employee engagement score in 'Manager Relationships', 'Teamwork and Collaboration', and 'Understanding the strategy of my business'
  • Launched Ultra ‘STAR’ leadership model focusing on four key areas: Self, Thought, Achieving Through Others and Delivering Results
  • Launched ‘Strategies for Success’ programme supporting women in leadership roles, resulting in 25% of participants receiving promotions or significant assignments
  • Launched Employee Resource Groups (ERGs) to foster an inclusive workplace

Governance Achievements

  • Updated anti-bribery and corruption manual and policy
  • Launched Group-wide anti-corruption and bribery training completed by 99% of the organisation
  • Launched Global Data Privacy training
  • Launched new Supplier Code of Conduct

Climate Goals & Targets

Long-term Goals:
  • Continuously improve carbon reduction plan and publish progress to achieve net zero
  • Meet or exceed reduction targets for single-use plastics and waste
  • Improve strategic workforce planning
  • Grow and retain talent in line with succession planning
  • 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
Medium-term Goals:
  • Achieve net zero emissions
  • Global certification to ISO 14001 and ISO 50001
  • 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
  • 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 10% reduction of GHG emissions relative to revenue for 2022

Environmental Challenges

  • Global challenges of the past few years impacting ESG ambitions
  • Decreased employee intention to stay with Ultra for the next 12 months (-10.1pts in employee survey)
  • Climate change risks (though not yet principal risks for the Group)
Mitigation Strategies
  • Continued focus on ESG ambitions despite global challenges
  • Implementation of initiatives to improve employee engagement and retention
  • Development of carbon reduction plan to achieve net zero
  • Risk assessment and mitigation strategies for climate-related risks

Supply Chain Management

Responsible Procurement
  • New Supplier Code of Conduct launched in Q1 2022
  • Focus on responsible sourcing of materials, including conflict-free minerals

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events threatening business continuity
Transition Risks
  • Increased costs of power/utility supplies due to regulatory actions
  • Increased costs of implementing Ultra’s climate strategy
Opportunities
  • Market growth in energy business due to transition away from fossil fuels

Reporting Standards

Frameworks Used: ISO 14001, ISO 50001, TCFD

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

UN Sustainable Development Goals

  • Quality Education
  • Responsible Consumption and Production
  • Climate Action

Alignment with SDGs reflected in Ultra’s approach to sustainability and Social Value

Awards & Recognition

  • UK Armed Forces Covenant Employer Recognition Scheme Gold Award
  • Ultra Communications recognised as one of ‘Montreal’s top employers’