Climate Change Data

Environmental Metrics

ESG Focus Areas

• Diversity
• Modern Slavery
• Environment (Energy and Carbon Reporting)

Environmental Achievements

• Generated over 30 MWh from solar panels in FY20; plans to generate close to 300 MWh per annum over the next two years by increasing solar capacity.
• Ongoing program to reduce energy consumption through LED lighting and daylight harvesting.

Social Achievements

• Signed up to Ukie’s Raise The Game pledge to create a diverse workforce and inclusive workplace.
• Implemented gender-decoding tools for job advertising and partnered with schools and colleges to promote STEM education for girls and young women.
• Supported Games for Carers initiative, providing free games to NHS staff.

Governance Achievements

• Established an Audit Committee and a Remuneration Committee.
• Implemented a clear Whistleblowing Policy.
• Regular dialogue with shareholders and open communication between the Board and shareholders.

Climate Goals & Targets

Environmental Challenges

• Intellectual property protection.
• Reliance on the success of new titles and next-generation consoles.
• Focus on a single genre (racing games) and reliance on F1's popularity.
• Dependence on key personnel.
• Reliance on strategic relationships.
• Reliance on the F1 license.
• Foreign exchange movements.
• Market growth, new developments, and changing technology.
• Changes to Video Games Tax Relief (VGTR) policy.
• Reliance on the stability of IT systems.
• Economic conditions/Brexit.
• Economic conditions/COVID-19.

Mitigation Strategies

• Combination of trade secret, intellectual property rights, and contractual arrangements to protect IP.
• Investment in further developing proprietary intellectual property and diverse portfolio of games.
• Maintaining close relationships with F1, promoting F1 titles to a wider audience, and offering diverse products.
• Appropriate remuneration and incentivisation structures to retain and attract employees.
• Strong relationships with key strategic partners and alternative providers.
• Diversification of revenue streams through mobile gaming and esports.
• Use of forward foreign exchange contracts to mitigate currency risk.
• Moving towards a greater proportion of revenue from digital distribution.
• Proven track record of developing titles that qualify for VGTR.
• Business continuity and disaster recovery procedures.
• Global customer base and monitoring Brexit developments.
• Transition to remote working with minimal business disruption.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: QCA Code

Third-party Assurance: Grant Thornton UK LLP

Awards & Recognition

• GRID won ‘Best Racing Game’ at gamescom Awards 2019 and E3.
• F1® 2019 won two awards for Best Racing Game at TIGA and Global Gaming Awards.
• DiRT Rally 2.0 won Best Racing Game from Game Informer.