Connexion Telematics Ltd
Climate Impact & Sustainability Data (2023, 2023-04-01 to 2023-06-30)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Diversity
Governance Achievements
- Adopted a Diversity Policy
- Undertook performance evaluation of the Board and senior executive team
- Adopted a code of conduct for Directors, senior executives and employees
- Adopted a Whistleblower Policy
- Adopted a Continuous Disclosure policy
- Adopted a Shareholder Communications Policy
- Adopted a Share Trading Policy
Climate Goals & Targets
Environmental Challenges
- High degree of customer concentration risk
Mitigation Strategies
- Board assesses funding on an ongoing basis and ensures the Company is adequately funded
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ASX Corporate Governance Principles and Recommendations – 4th Edition
Reporting Period: 2023-04-01 to 2023-06-30
Environmental Metrics
Social Achievements
- Added 4 FTEs during the Quarter, across Operations and Sales.
Climate Goals & Targets
Environmental Challenges
- Sales traction outside of GM remains below our expectation and our required rate of return in relation to Growth Spend.
- Product resources were largely consumed by the recent consolidation-related contract expansion.
Mitigation Strategies
- The Team is working hard to remedy this, though risk remains.
- We expect to regain technical resource availability over the coming months, whereas our Sales & Marketing efforts require more critical review and adjustment - currently underway.