Climate Change Data

Teconnex Ltd

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Climate Action
  • Resource Use
  • Community
  • People
  • Ethics & Compliance

Environmental Achievements

  • Installation of Solar Photovoltaic panels in UK and Romanian plants, resulting in 417MWh of zero-emission PV electricity production per year in the UK and an estimated 50 tCO2 reduction in the European facility.
  • ISO 14001:2015 certification achieved at the India facility.
  • Implementation of an effluent recycling system in the India facility, reducing local water consumption.
  • Initiatives to reduce metal and scrap waste streams.

Social Achievements

  • 413 hours of Values Refresher Programme training in the UK.
  • 888 hours of Manager Essential Skills Programme training in the UK.
  • 100 hours of Ethics refresher training for office staff.
  • Additional leadership training in EU and India facilities.
  • Various safety training programs across the group.
  • 90% response rate in the bi-annual Employee Engagement Survey.

Governance Achievements

  • Development and implementation of a risk management process across Teconnex Ltd and all subsidiaries.
  • Development of compliance committee procedures and structures across Teconnex Ltd and its subsidiaries.
  • Modern Slavery Training and Anti-Bribery and Corruption Policies training across subsidiaries.
  • Development of a complete compliance management system (ISO19600).

Climate Goals & Targets

Short-term Goals:
  • Increase employee engagement score to 85% by 2026.

Environmental Challenges

  • Scope 3 emissions calculations and energy efficiency initiatives are targeted for 2024.
  • Further reduction of waste volume.
Mitigation Strategies
  • Focus on Scope 1 and Scope 2 emissions reduction in the immediate term.
  • Researching possibilities of further use of recycling and reuse of packaging.
  • Establishing initiatives and systems intended for the reduction of metal waste throughout the group.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs)

Certifications: ISO 14001:2015