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)