Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate change
• Carbon emissions
• Diversity
• Waste reduction
• Water consumption
• Community engagement

Environmental Achievements

• Invested over £0.6m into a solar array at the new Chinese manufacturing site, providing over 10% of required electricity.
• Set an ambitious target for net zero Scope 1 & 2 emissions by 2023.
• Sold c.10.1 million filter units in 2021, equivalent to saving 1 billion single-use plastic bottles.
• Aqua Optima filters are 100% recyclable in an initiative with TerraCycle.

Social Achievements

• Launched a new e-learning platform for employee training.
• Implemented a new, more transparent job grading system.
• Relaunched the ‘Think Twice’ scheme to encourage employee ideas for improvement.
• Increased active internal response highlighting enhanced focus on reducing emissions.
• Increased volunteer hours.

Governance Achievements

• Established an ESG Committee.
• Implemented a progressive dividend policy linked to underlying earnings.
• Undertook workshops in Sustainable Development Goals and associated target and key performance indicator (‘KPI’) setting.

Climate Goals & Targets

Environmental Challenges

• Increases in commodity prices and freight costs.
• Supply chain disruptions due to the COVID-19 pandemic.
• Adverse foreign currency movements.
• Increased labour costs.
• Increased advertising and promotional costs.

Mitigation Strategies

• Implemented price increases on some products.
• Increased production capacity and in-sourcing at the new factory.
• Forward procurement of commodities.
• Implemented efficiency measures and strategic initiatives.
• Group-specific controls to ensure minimal disruptions to operations.

Supply Chain Management

Supplier Audits: Bi-annual audits. 70% of suppliers signed up to RBA requirements.

Responsible Procurement

• Responsible Business Alliance (RBA) requirements
• Supplier Code of Business Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (flooding, storms, heatwaves)

Transition Risks

• Financial outlay for renewable energy
• Changes to manufacturing processes
• Increased investor scrutiny

Opportunities

• Shift toward renewable energy
• Increased legislation on efficiency labelling and recycling

Reporting Standards

Frameworks Used: UN Sustainable Development Goals, TCFD

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

Sustainable Products & Innovation

• Aurora Beverage Station
• Dual Flo
• Aqua Optima Evolve+ filters
• HaloPure water purification system

Awards & Recognition

• Quiet Mark award (Aurora)
• German Design Award 2022 (Visione)
• Red Dot design award (Visione)
• Institute of Directors, Isle of Man ‘Director of the Year – Large Business’ award (Mark Bartlett)

Environmental Metrics

ESG Focus Areas

• Climate Change
• Resource Efficiency
• Health & Safety
• Diversity & Inclusion
• Supply Chain Sustainability
• Community Engagement
• Product Sustainability

Environmental Achievements

• Reduced Scope 1 & 2 emissions by 21% to 6,156 tCO₂e
• Achieved 9.3% renewable electricity generation
• Reduced waste generation by 33% 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 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 policies
• 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 various factors including COVID-19
• Limited information available from suppliers regarding their Scope 3 emissions
• High employee turnover in China
• Balancing the need for sustainable packaging with cost considerations
• Increased water usage due to planned increase in new products

Mitigation Strategies

• Developed alternative sourcing strategies
• Implemented supplier audits (80% coverage in China)
• Improved employee benefits and working conditions in China
• Reconfigured and resized packaging to reduce material use and improve freight density
• Monitoring water usage and exploring ways to reduce consumption in product testing

Supply Chain Management

Supplier Audits: 80% coverage in China

Responsible Procurement

• Supplier audits across 50 ESG-related categories

Climate-Related Risks & Opportunities

Physical Risks

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

Transition Risks

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

Opportunities

• Increased demand for energy-efficient products
• Opportunities from rising energy prices and shift from alternative fuels

Reporting Standards

Frameworks Used: GHG Protocol, 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

• Aqua Optima Aurora
• Dual Flo Kettle
• HYDOSMART+ 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 products recognised as eco-friendly by Global GreenTag

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 energy intensity by 22% at Group level.
• Reduced water use intensity by 10% (excluding Billi).
• Increased waste recycling rate to 96.2%.

Social Achievements

• Increased women in the workforce to 50%.
• Extended employee training to an average of 13 hours per employee.
• Launched employee well-being programs.
• Billi reported zero accidents in 2023.

Governance Achievements

• Achieved ISO accreditations across multiple sites.
• Incorporated sustainability targets into executive remuneration.
• Working towards adoption of new IFRS sustainability standards.

Climate Goals & Targets

Environmental Challenges

• Increase in accidents in Chinese facility.
• Difficulty in removing Scope 1 emissions.
• Understanding and mitigating risks within the supply chain.
• Potential cost increases from carbon pricing.
• Increased investor scrutiny on ESG performance.

Mitigation Strategies

• Implementing actions to improve health and safety in Chinese facility.
• Purchasing verified carbon credits to offset remaining Scope 1 emissions.
• Developing detailed recovery strategies for manufacturing operations.
• Engaging with suppliers to understand and reduce Scope 3 emissions.
• Accelerating sustainability agenda and providing transparent reporting.

Supply Chain Management

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

Responsible Procurement

• Supplier engagement on sustainability journey.

Climate-Related Risks & Opportunities

Physical Risks

• Storms and floods
• Drought
• Heat stress

Transition Risks

• Carbon pricing
• Robustness of local power grid
• Cost of renewable electricity
• Failure to meet ESG credentials
• Increased investor scrutiny

Opportunities

• Internal power generation
• Electrification
• Adoption of energy-saving products
• Higher cost of electricity
• Population/urbanization
• Increasing 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

• Goal 7 (Affordable and Clean Energy)
• Goal 6 (Clean Water and Sanitation)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)

Initiatives contribute to these goals through energy efficiency, water filtration, waste reduction, and emissions reduction.

Sustainable Products & Innovation

• Project Z next-generation control series
• Spout baffling system
• Pre-boil cut-off
• Double-skinned kettles
• Digital information displays
• LAICA HYDROSMART + METAL STOP filter
• Billi Luxgarde™ purification system
• Aqua Optima Perfect Pour Water filter jug

Awards & Recognition

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