Climate Change Data

AMA CORPORATION Plc

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Employee well-being
  • Environmental impact of value chain
  • Stakeholder engagement
  • Climate change

Environmental Achievements

  • Commits to reduce CO2 emissions from scope 1 and 2 by 42% by 2030 (Science Based Targets)

Social Achievements

  • Launched a global savings plan, resulting in headcount reduction from 184 to 87 employees in 2023
  • Granted stock option plans to employees (5% of AMA Corporation Plc capital in 2022 and 2023)
  • Maintains constructive dialogue with employees through executive team

Governance Achievements

  • Operates a Code of Conduct applicable to employees, suppliers, customers, directors, and executive officers

Climate Goals & Targets

Environmental Challenges

  • Global economic tightening (supply chain issues, inflation, geopolitical risks) leading to longer client investment decisions and downward revision of growth projections
  • Technological risk (rapid technological change, obsolescence, competition)
  • Cybersecurity risk
  • Procurement risks (supplier dependence)
  • Industry competition
  • Financial risks (transfer pricing)
  • Legal risks (intellectual property, open source, personal data protection)
  • Risks linked to key personnel and recruitment
  • Inflation
Mitigation Strategies
  • Launched a comprehensive cost-saving plan in June 2022 to reduce investments and adjust cost structure
  • Dedicated and scalable servers at BT Blue and Microsoft Azure with automated resource resizing
  • Cybersecurity insurance policies
  • Contractual clauses and redundancy to mitigate supply disruptions
  • Monitoring and anticipating changes in tax rules and regulations
  • Global compliance program for personal data protection
  • Focus on key teams and personnel to improve agility

Supply Chain Management

Responsible Procurement
  • Ensures suppliers’ ethical and fair practices

Climate-Related Risks & Opportunities

Opportunities
  • Reducing carbon footprint by avoiding excess travel through XpertEye solution

Reporting Standards

Frameworks Used: Science Based Targets

Certifications: ISO 27001, ISO 9001

Sustainable Products & Innovation

  • XpertEye solution (aims to reduce stakeholders' carbon footprint)