4imprint Group plc

Climate Impact & Sustainability Data (2023)

Total Carbon Emissions:764,936 tCO2e (Scope 1, 2, and parts of 3)

Scope 1 Emissions:526 tCO2e

Scope 2 Emissions:2,499 tCO2e (location based), 1,082 tCO2e (market based)

Scope 3 Emissions:714,054 tCO2e (purchased goods for resale) + 22,476 tCO2e (goods and services for internal use) + other

Renewable Energy Share:77% (of Oshkosh distribution center energy)

Total Energy Consumption:7,648,659 kWh

Waste Generated:286 tons

Maintained and renewed CarbonNeutral® business certification
1,250,000 MWh of electricity generated by solar array (77% consumed on-site)
More than 15,000 Better Choices™ tags applied to sustainable products (2022: 8,000)
Significant progress in expanding Better Choices™ sustainable product initiative

Significant investment in people to consolidate gains and strengthen platform for future growth
342 team members participated in volunteering events, logging over 2,194 paid volunteer hours (increase of close to 30% compared to prior year)
4imprint awarded over 5,600 one by one® charitable grants for a value of $2,824,500 (an increase of 125% over the previous year)
Over 744,000 pieces of product donated from inventory

Completed a buy-in arrangement with Legal and General Assurance Society Limited to insure substantially all remaining pension benefits, eliminating inflation, interest rate and longevity risks
Achieved CarbonNeutral® company certification
Updated Social & Ethical Principles Statement
Updated Anti-bribery, financial crime and sanctions policy

Long-term Goals:

Medium-term Goals:

Further develop targets, reporting and disclosure around Better Choices™ sustainable product initiative
Develop targets for the proportion of renewable energy used to defray the overall carbon footprint

Short-term Goals:

Increase the number of audits of smaller suppliers
Maintain the percentage of auditable spend covered to 95% or above each year
Include ‘hotel stays’ (Scope 3 category 6) and review ‘capital goods’ (Scope 3 category 2) in 2024 GHG reporting

Challenging year-on-year comparatives from April onwards and a slowdown in growth in the promotional products industry in the second half of 2023 reflecting a more cautious macroeconomic environment
Tight labor market
Acute pressure stemming from challenges around global logistics, inventory availability and production capacity (in 2022)
Uncertain macroeconomic and geopolitical environment posing downside risks to economic conditions and growth

Significant incremental investment in the business, primarily in people
Attracting high-quality talent in a variety of areas across the business
Development of a ‘hybrid’ working environment
Improved price adjustments, supplier rebates, more stable product input prices and lower freight costs
Continued investment in testing and refining the marketing mix
Monitoring economic and market conditions to ensure that appropriate and timely adjustments are made to marketing and other budgets
Maintaining a conservative balance sheet funding approach

Supplier Audits: 54 audits completed in 2023, covering 97% of auditable spend

Frameworks Used: GHG Protocol Corporate Standard, TCFD

Certifications: CarbonNeutral®

Third-party Assurance: RSK Group Ltd (for CarbonNeutral®), SCS Global Services (for Scope 3 emissions)