Climate Change Data

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility
• Climate Change
• Environmental
• Governance
• Supply Chain
• Human Rights

Environmental Achievements

• Progress in reducing emissions in offices during 2023 (context of COVID-19 impact)
• Continued reduction of waste and reuse/recycling of consumables
• Reduction of energy, water and other resources
• Ongoing upgrades to LED lighting from Q3 2023

Social Achievements

• Aims to provide timely, regular and reliable information on the business to all its shareholders and conduct its operations to the highest standards
• Strives to create a safe and healthy working environment for the wellbeing of its staff and to create a trusting and respectful environment
• Aims to establish a diverse and dynamic workforce
• Good staff morale engenders increased efficiency and loyalty, and hence promotes staff welfare and well-being. Staff needs are constantly monitored and improved on an ongoing basis.

Governance Achievements

• Board takes issues of governance seriously and seeks to ensure transparency and streamlined administration
• Directors bring a broad range of technical, commercial, business, accounting, auditor and corporate finance expertise
• Board demonstrates a high degree of integrity, fairness and non-discrimination and promotes values through the organization

Climate Goals & Targets

Environmental Challenges

• Keeping pace with rapid developments and change in the industry
• Competitive pressure from competitors with more significant financial resources
• Negative publicity impacting business and reputation
• Successfully executing its strategy, including expanding into new geographies
• Dependence on key personnel
• Demand affected by global and regional changes
• Inability to manage growth
• Decline in use of credit/debit cards
• Risk of fraud
• COVID-19 pandemic

Mitigation Strategies

• Developing innovative products and services (RC ERP, RC POS, RC Wallet, RC prepaid card)
• Developing new capabilities and expanding into new geographies
• Maintaining strong relationships with customers and suppliers
• Improving operational, financial and management information and control systems
• Carrying out checks on the Dow Jones database before transactions
• Regularly assessing developments and ability to recommence operations safely

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Maintaining strong working relationships with suppliers and partners
• Treating suppliers in line with values and ethical standards
• Continually assessing supplier and partner network

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Companies Act 2006 (Strategic Report and Directors Report) Regulation 2013, SECR (Streamlined Energy Carbon Reporting)

Third-party Assurance: Not disclosed

Sustainable Products & Innovation

• RC ERP
• RC POS
• RC Wallet
• RC prepaid card
• RC3.0 App

Environmental Metrics

ESG Focus Areas

• Climate Change
• Environmental Responsibility
• Governance
• Supply Chain
• Diversity, Equality and Inclusion

Environmental Achievements

• Continued reduction of waste and reuse and recycling of consumables; conducted reduction of energy, water and other resources

Social Achievements

• Aims to provide timely, regular and reliable information on the business to all its shareholders and conduct its operations to the highest standards.
• Strives to create a safe and healthy working environment for the wellbeing of its staff and to create a trusting and respectful environment

Governance Achievements

• The Board takes issues of governance seriously and seeks to ensure transparency and streamlined administration.

Climate Goals & Targets

Environmental Challenges

• Keeping pace with rapid developments and change in its industry and providing new services to its clients
• Competitive pressure from new or existing competitors
• Negative publicity
• Failure to successfully execute its strategy
• Dependence on key personnel
• Demand for the Group’s products and services may be affected by global and regional changes
• Inability to manage growth
• Decline in the use of debit cards as a payments mechanism
• Risk of fraud

Mitigation Strategies

• Developing new products and services
• Expanding into new geographies
• Maintaining strong working relationships with suppliers and partners
• Expanding and improving operational, financial and management information and control systems
• Providing all 25 employees with the flexibility to manage limited risks

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Maintaining strong working relationships with suppliers and partners

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SECR (Streamlined Energy Carbon Reporting)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed