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