Audinate Group Limited

Climate Impact & Sustainability Data (2023, 2024)

Total Carbon Emissions:114.3 tCO2e/year

Scope 1 Emissions:0.0 tCO2e/year

Scope 2 Emissions:114.3 tCO2e/year

Completed Scope 1 and 2 emissions inventory (Scope 1: 0.0 tCO2-e; Scope 2: 114.3 tCO2-e)

Introduced an enhanced global Paid Parental Leave Policy (18 weeks for primary carers, 8 weeks for secondary carers)
No WorkCover injury incidents in FY22 and FY23 in Australia
Female representation: 21% of workforce, 25% of Senior Executive Team, 29% on the Board

Launched Supplier Code of Conduct
Implemented process improvements to enhance the reporting of cybersecurity risks
Enhanced Information Security Management System (ISMS) Maturity Program
Introduced a Data Protection Officer

Redesigned and released Brooklyn III to preserve major revenue stream
Direct management of relationships with key component suppliers
Supplier Code of Conduct
Cyber Security Steering Committee, Security Operations function, and Cyber Security Operations Working Group
Investment in cybersecurity (process improvements, ISMS program, Data Protection Officer)
Rigorous testing of Cyber Incident Response Plans

Frameworks Used: GRI

Total Carbon Emissions:110.1 tCO2e/year

Scope 1 Emissions:0.0 tCO2e/year

Scope 2 Emissions:110.1 tCO2e/year

Scope 2 carbon emissions slightly down from 114.3 tCO2e in FY23 to 110.1 tCO2e in FY24

Enhanced workforce diversity (26% female representation, 29% female representation on the board)
No WorkCover incidents in Australia
Employee engagement results aligned with the top quartile of global technology peers
Enhanced global Paid Parental Leave Policy supported 14 new parents

Medium-term Goals:

Short-term Goals:

Continued preference for software-based Dante implementations (lower per-unit revenue)
Shortening order lead times and inventory re-balancing
Expected end-of-life of Viper and MY16 products
Geopolitical risks (chip supply, manufacturing in China, export from HK)
Protection of intellectual property
Technology development risks (unlicensed use of third-party IP, end-of-life hardware components)
Acquisition risk
Failure to attract and retain customers
General economic and financial market conditions
Dante audio cost barrier to wider adoption
Business model evolution (disruption of existing revenue)
Legacy technology platform
Channel inventory risk
Cyber security risks
Supply chain risks

Disciplined examination of M&A opportunities
Various measures across marketing, sales, and product development to manage costs
Incremental spending in sales and marketing activities
Cost growth expected in the range of 7%–9% in FY25
Leveraging Supplier Code of Conduct to reinforce ethical labor practices
Implementing a screening capability for customers and resellers
Directly managing relationships with key component suppliers
Investing in vulnerability management, upskilling teams, and implementing tooling to enhance observability and optimize device management processes
Working towards ISO27001 compliance for information security