Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Sustainable Consumption and Production
• Gender Equality
• Health and Wellbeing
• Water Conservation
• Energy Efficiency
• Innovation
• Safety
• Supply Chain Responsibility
• Community Engagement
• Employee Wellbeing

Environmental Achievements

• Reduced silver consumption by 85% in 5 years (equivalent to 2 tonnes) and Copper 9.6%
• Reduced contamination liquid used in blade production by 75% (from 2600L to 600L)
• Increased recycle rate of plastic trays by c33.3% (2019:24.7%), a £335k cost saving and 208 tonnes of plastic saved
• Energy recovery system implemented at head office recycling excess heat energy into building heating
• Estimated 5m tonnes CO2e saved annually through kettle efficiency compared to alternative water heating methods

Social Achievements

• Implemented a new employee assistance program (EAP)
• Global offering of Flu injections to all employees
• Periodic health and safety training from external consultants
• Continued support of Surgery for Children Association and other charitable organizations
• Finalist for the 2020 Women Value Company award

Governance Achievements

• Majority Independent Board (from 2020)
• No Employment Agreements with NEDs
• Inclusion of women among pool of new director candidates
• Continued focus on development of management
• Extensive Shareholder engagement
• Board oversight of company strategy

Climate Goals & Targets

Environmental Challenges

• High energy wastage from overfilling kettles
• Limited peer group comparison for sustainability assessment
• Increasing water demand globally
• Need to reduce Scope 3 emissions from business travel and supply chain
• Improving management and board gender representation

Mitigation Strategies

• Development of products to reduce overfilling and variable temperature controls
• Internal historic matrix for progress assessment
• Focus on enhancing water quality and sustainable delivery mechanisms
• Reduced business travel due to Covid-19 restrictions and future strategies to reduce travel
• Further efforts being made at the management level to improve gender balance

Supply Chain Management

Supplier Audits: Regular audits on compliance with company policy and adherence to ISO standards

Responsible Procurement

• Communication of sustainable practices to suppliers following Responsible Business Alliance (RBA) requirements
• Assessment and evaluation of prospective suppliers on environmental protection and social responsibility

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GHG Protocol

Certifications: ISO 9000

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 7 (Affordable and clean energy)
• SDG 13 (Climate action)
• SDG 5 (Gender equality)
• SDG 3 (Good health and well-being)
• SDG 6 (Clean water and sanitation)
• SDG 9 (Industry, innovation and infrastructure)
• SDG 11 (Sustainable cities and communities)

Strix's products and operations contribute to these goals through energy efficiency, water conservation, gender equality initiatives, product safety, and community engagement.

Sustainable Products & Innovation

• Over-fill proof water heating products
• Variable temperature controls
• Hot-cup and hot water on demand systems
• Double chamber kettle
• Aqua Optima reusable filtered water bottles
• HaloPure water purification and sterilisation technology
• Variable water temperature dispensing units
• Single cup hot coffee dispenser unit
• Baby milk dispensers
• Project Delta induction kettle

Awards & Recognition

• Finalist for the 2020 Women Value Company award

Environmental Metrics

ESG Focus Areas

• Climate Change
• Resource Efficiency
• Health & Safety
• Gender Equality
• Community Engagement
• Supply Chain Sustainability

Environmental Achievements

• Reduced Scope 1&2 emissions by 23% (12% excluding business travel)
• 98% waste recycled
• Reduced water consumption by 15.1%
• Installed a 1.3 MWh solar array at the Chinese factory

Social Achievements

• Reduced lost time accidents from 25 to 7
• 74% employee survey response rate
• 60% women in the workforce
• Launched ‘Think Twice’ initiative to encourage employee engagement and innovation
• Implemented a new employee assistance program (EAP)

Governance Achievements

• Appointment of Richard Sells as an Independent Non-Executive Director to head the newly established ESG Committee
• 99.1% average votes in favor of resolutions at the 2020 AGM
• All facilities achieved ISO45001 compliance

Climate Goals & Targets

Environmental Challenges

• Integrating LAICA's operations and sustainability practices
• Managing emissions from the new Chinese factory
• Addressing Scope 3 emissions
• High employee turnover due to COVID-19 related factors

Mitigation Strategies

• Investment in solar array and renewable electricity for the Chinese factory
• Rollout of Strix's sustainability KPIs and reporting structure to LAICA
• Planned analysis of Scope 3 emissions and value chain
• Adapting policies and practices to address employee turnover challenges

Supply Chain Management

Supplier Audits: 70% of suppliers signed up to RBA requirements; regular audits on compliance and ESG performance

Responsible Procurement

• RBA requirements

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI, SDG Compass

Certifications: ISO9001, ISO13485, ISO14001, ISO17025, ISO45001, ISO50001 (planned)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and clean energy)
• Goal 6 (Clean water and sanitation)
• Goal 12 (Responsible consumption and production)
• Goal 13 (Climate action)
• Goal 5 (Gender equality)
• Goal 3 (Good health and well-being)

Strix's initiatives contribute to these goals through reduced emissions, water conservation, sustainable product design, gender equality initiatives, and employee well-being programs.

Sustainable Products & Innovation

• Aqua Optima reusable water bottles
• HaloPure water sterilization technology
• Aurora Instant Flow kettle

Awards & Recognition

• LAICA recognized as one of the top 10% most dedicated companies to hire and support a female workforce

Environmental Metrics

ESG Focus Areas

• Climate Change
• Resource Efficiency
• Health & Safety
• Gender Equality
• Innovation
• Supply Chain Sustainability
• Governance

Environmental Achievements

• Commitment to net zero scope 1 and 2 emissions by 2023.
• Investment of £600k in solar installation in China, supplying around 10% of the new plant’s energy requirements and saving over 600 tCO2e a year.
• Signing of long-term renewable electricity contracts for China, Italy, and the Isle of Man.
• Waste recycling reached a new record at over 98%.
• Reduction in waste intensity by 5%.

Social Achievements

• New facility in China significantly improves employee conditions.
• Enhanced training programs in China and the Isle of Man to upskill employees.
• Improvements to the working week in the Isle of Man to assist work-life balance.
• Percentage of women in senior management increased from 19.5% to 26.6%.

Governance Achievements

• Reported under the TCFD (Task Force on Climate-related Financial Disclosures) for the first time in 2021.
• New Chinese manufacturing facility achieved ISO 9001, 14001, 45001, and 50001 certifications within 5 months of operation.

Climate Goals & Targets

Environmental Challenges

• Increased energy usage and internally generated emissions (scope 1 and 2) due to the dual running of manufacturing facilities and the opening of the new Chinese facility.
• Increased water usage due to the dual running of factories in China.
• Analysis of scope 3 emissions is a complex process.
• Increased automation leads to higher electricity requirements.

Mitigation Strategies

• Decommissioning of the old Chinese plant.
• Investment in renewable energy sources (solar and long-term contracts).
• Focus on automation to improve quality, efficiency, and health & safety, while reducing waste.
• Contingency plans and insurance to mitigate weather-related risks.
• Initiating analysis of Scope 3 emissions.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Communicate sustainable practices to all direct suppliers, in line with the Responsible Business Alliance (RBA).

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (flooding, storms, heatwaves)
• Business disruptions due to extreme weather

Transition Risks

• Significant financial outlays in accessibility to renewable energy
• Climate policies impacting operations
• Changes to technologies on manufacturing processes

Opportunities

• Shift toward renewables benefiting kettle efficiency
• Opportunities for power saving and carbon reduction in product portfolio

Reporting Standards

Frameworks Used: TCFD

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 50001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Strix Hot Water on Demand range (Aurora Beverage Station and Dual FloTM)
• Aqua Optima Evolve+ filtration
• 15A fast-boil kettle control

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Waste Reduction
• Water Usage
• Health & Safety
• Diversity & Inclusion
• Supply Chain Sustainability
• Employee Wellbeing
• Community Engagement
• Biodiversity

Environmental Achievements

• Reduced Scope 1 & 2 emissions by 21% to 6,156 tCO₂e
• Achieved 9.3% renewable electricity generation
• Reduced waste generation by 3% to 1,301 tonnes
• Reduced water consumption significantly to 34,600 m³
• All manufacturing facilities and Group head office now using renewable energy

Social Achievements

• Improved three-year average lost time injury frequency rate to 0.9 per 200,000 hours
• Maintained women in senior management roles at 27.3%
• Introduced additional working hours flexibility and pay for volunteering hours in the Isle of Man
• Moved China contract workers onto Strix standard contracts
• Introduced two paid charity days per employee in the West

Governance Achievements

• Achieved ISO 45001 Occupational Health & Safety certification at all sites except Billi
• Implemented a range of policies including Anti-Bribery and Corruption, Anti-harassment and bullying, Anti-slavery and human trafficking, and Whistleblowing
• Executive compensation linked to ESG targets (15% of L TIP award linked to energy reduction)

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to climate events and COVID-19
• Limited information available from suppliers on Scope 3 emissions
• High employee turnover in China
• High energy consumption in the new Chinese facility
• Balancing increased water usage with new product development

Mitigation Strategies

• Developed alternative sourcing strategies
• Iterative process of measuring Scope 3 emissions with increasing granularity
• Providing attractive packages to incentivize and retain staff in China (high-quality accommodation, transport, staff canteen, employee training, and job progression opportunities)
• Achieving ISO 50001 Energy Management certification in China to assist in formulating future plans to reduce overall energy consumption
• Focusing on water efficiency in product testing and development

Supply Chain Management

Supplier Audits: c80% of inbound goods suppliers by value audited in 2022

Responsible Procurement

• Supplier audits across 50 ESG-related categories

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (flooding, storms, heatwaves)
• Business disruptions from extreme weather

Transition Risks

• Financial outlay for renewable energy
• Climate policies and carbon pricing
• Changes to technologies on manufacturing processes
• Increased investor scrutiny

Opportunities

• Shift toward renewables benefiting kettle sales
• Opportunities for power saving and carbon reduction in kettle switches
• Billi acquisition providing a complete range of drinking water heating products

Reporting Standards

Frameworks Used: GHG Protocol, TCFD

Certifications: ISO 14001, ISO 45001, ISO 50001, ISO 9001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Aqua Optima Aurora
• Dual Flo Kettle
• HYDROSMART+ METAL STOP tap filter
• Superfast Sterilizer-Dryer
• Smart Glass Vacuum Sealer

Awards & Recognition

• Aqua Optima Aurora won Housewares ‘Sustainable Product of the Year 2022’
• Billi’s major product ranges are recognised as eco-friendly products by Global GreenTag with a Trusted Brands – Gold Award

Environmental Metrics

ESG Focus Areas

• Climate Change
• Waste Reduction
• Water Conservation
• Health & Safety
• Diversity & Inclusion
• Supply Chain Sustainability
• Community Engagement

Environmental Achievements

• Achieved Scope 1&2 net zero emissions in 2023.
• Reduced Scope 2 emissions to zero through renewable energy sourcing.
• Increased renewable energy generation to 9.6% of total energy use.
• Improved water use intensity by 10%.
• Achieved 96.2% waste recycling rate.

Social Achievements

• Maintained 50% women in the workforce.
• Extended employee training to an average of 13 hours per employee.
• Organized employee and family ESG activities.
• Supported local communities through various programs and charities.
• Billi reported zero accidents in 2023.

Governance Achievements

• Achieved ISO accreditations across multiple sites (ISO 9001, ISO 14001, ISO 45001, ISO 50001).
• Working towards adoption of new IFRS sustainability standards.
• Incorporated sustainability targets into executive remuneration.

Climate Goals & Targets

Environmental Challenges

• Increase in accidents in Chinese facility.
• Difficulty in eliminating Scope 1 emissions.
• Understanding and mitigating Scope 3 supply chain emissions.
• Maintaining energy intensity reduction targets.
• Potential cost increases from carbon pricing and renewable energy.

Mitigation Strategies

• Implementing actions to improve health and safety in Chinese facility.
• Offsetting remaining Scope 1 emissions with carbon credits.
• Engaging with suppliers to reduce Scope 3 emissions.
• Investing in energy efficiency improvements and renewable energy.
• Developing contingency plans for supply chain disruptions and weather events.

Supply Chain Management

Supplier Audits: Continual monitoring of top 10 suppliers for kettle switch business.

Responsible Procurement

• Engagement with suppliers to understand and reduce Scope 3 emissions.

Climate-Related Risks & Opportunities

Physical Risks

• Storms and floods
• Drought
• Heat stress

Transition Risks

• Carbon pricing
• Cost of renewable electricity
• Increased investor scrutiny
• Failure to meet ESG credentials

Opportunities

• Internal power generation
• Electrification of cooking
• Adoption of energy-saving products
• Increased importance of Scope 3 emissions

Reporting Standards

Frameworks Used: GHG Protocol, TCFD

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 50001

UN Sustainable Development Goals

• Not disclosed

Sustainable Products & Innovation

• Next generation control series (Z series)
• Spout baffling system
• Pre-boil cut-off
• Double-skinned kettles
• Aqua Optima Perfect Pour water filter jug
• Billi Luxgarde™ purification system

Awards & Recognition

• Aqua Optima Eco Award
• Billi Australia ‘Good Design’ award