Climate Change Data

SARINE TECHNOLOGIES LTD.

Climate Impact & Sustainability Data (2019)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:1759.18 tCO2e/year
Scope 1 Emissions:173.04 tCO2e/year
Scope 2 Emissions:1585.2 tCO2e/year
Total Energy Consumption:2030 MWh/year

ESG Focus Areas

  • Innovation
  • Value
  • Employees
  • Community

Environmental Achievements

  • 80 MWh lower energy consumption than in 2018 (4% reduction)
  • 5.5% reduction in CO2 emissions
  • Reduction in fuel usage by 8%

Social Achievements

  • Annual expanded medical checkup for employees and their families in India
  • Various employee well-being programs (yoga, music classes, fitness trainings, nutrition workshops)
  • Contribution to “Make a Wish®” foundation
  • Collection of food for needy families
  • Support for employees with disabilities
  • Active CSR committee in India supporting local schools

Governance Achievements

  • Formalization of a code of conduct and anti-corruption policy
  • Implementation of GDPR
  • Strengthened cyber security measures
  • No claims or allegations of corruptive practices

Climate Goals & Targets

Medium-term Goals:
  • Increase recurring revenue and profitability by honing competitive edge and increasing Galaxy® penetration
  • Increase recurring revenue and profitability by increasing penetration and adoption of AI-based technology
Short-term Goals:
  • Reduce voluntary staff turnover
  • Increase internal promotions
  • Continue employee development with fair remuneration

Environmental Challenges

  • Brand building in a commoditized market
  • Creating engaging customer experiences
  • Intellectual property infringement
  • Cybersecurity threats
Mitigation Strategies
  • Development of Sarine Diamond Journey™ for traceability
  • Development of Verto™ for high-quality video displays
  • Aggressive legal action against IP infringement
  • Transition to a dual cloud environment for data security
  • Investment in in-house cyber protection

Supply Chain Management

Supplier Audits: Annual evaluation of key suppliers

Responsible Procurement
  • Commitment to regulatory requirements
  • Promotion of shared environmental and social values

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option, Singapore Exchange (“SGX”) Rule 711A -711B Sustainability Reporting Guide

Sustainable Products & Innovation

  • Sarine Diamond Journey™
  • Verto™