Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Moved to 100% certified renewable energy tariffs at three UK facilities in 2021, with the remaining two completed in January 2022.
• Commenced installation of EV charging infrastructure in 2021.
• Ongoing work on moving to solar energy and other factory-level energy efficiency improvements.

Social Achievements

• Promoted over 70 people in 2021.
• Hosted COVID-safe lunches to encourage collaboration and team building.
• Launched a new values award across the Group.
• Continued employee forums with Non-Executive Directors and senior management.

Governance Achievements

• Formed an ESG Committee in the second half of 2021, reporting to the Board.
• Developed a Sustainability Roadmap with four key pillars (Environmental, People, Innovation, and Community) to achieve 'Net Zero by 2030'.

Climate Goals & Targets

Environmental Challenges

• Managing the impact of COVID-19.

Mitigation Strategies

• Hosted COVID-safe lunches and employee forums.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environment
• People
• Innovation
• Community

Environmental Achievements

• Offset all UK regulatory Scope 1 and 2 carbon impacts in 2022.
• All UK manufacturing locations (except Megnajet) supplied with certified carbon-free electricity.
• All printhead packaging is now fully recyclable.
• Installed ten new EV chargers at Huntingdon and Waterbeach sites.

Social Achievements

• Launched a new Apprenticeship scheme with four engineering apprentices.
• Supported Learning at Work Week with 131 hours of learning.
• Launched a salary sacrifice scheme for electric vehicles.
• Established a three-year charity partnership with Break in the UK and continued support for Manchester Machines in the US.

Governance Achievements

• Established a formal Risk Committee.
• Completed climate scenario planning.
• Implemented a new Company Secretary.

Climate Goals & Targets

Environmental Challenges

• Supply chain issues and rising global inflation.
• COVID-19 restrictions in China impacting sales.
• Reduced revenue in the Wide Format Graphics and Labels markets.

Mitigation Strategies

• Increased investment in inventory of raw materials and finished goods.
• Proactive measures to manage supply chain constraints.
• Cost-saving initiatives and passing cost increases to customers.
• Factory reorganisation to improve efficiency and reduce energy consumption.

Supply Chain Management

Supplier Audits: Regular audits of key suppliers

Responsible Procurement

• Dual sourcing for critical components
• Long-term supply contracts
• Consignment stock

Climate-Related Risks & Opportunities

Physical Risks

• Flooding

Transition Risks

• Carbon pricing

Opportunities

• Reducing energy usage and utilizing renewable energy sources
• Developing sustainable products

Reporting Standards

Frameworks Used: TCFD

Certifications: ISO 9001:2015, ISO 14001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 9
• SDG 12
• SDG 13
• SDG 3
• SDG 4
• SDG 8

Mapped and ranked focus to SDGs where greatest potential to positively contribute.

Sustainable Products & Innovation

• Xaar Aquinox printhead

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environment
• People
• Innovation
• Community

Environmental Achievements

• 99% reduction in Scope 2 emissions through conversion to green energy contracts.
• 100% of waste diverted from landfill at Xaar and FFEI (39.85% recycled).
• 16% reduction in freshwater usage in printhead business compared to 2022.
• Successful decarbonisation of cleanrooms (finalist at edie Sustainability Awards).

Social Achievements

• Achieved Great Place to Work Certified™ organisation accreditation.
• 5596 CPD hours delivered.
• 6 young people in apprenticeship programs.
• Launched a new Safety Concern Reporting System.
• £71,544 raised for charity partner Break.

Governance Achievements

• Established a clear ESG governance structure with an ESG Committee.
• Manufacturing sites meet ISO9001 and ISO14001 standards.
• Full compliance with the Energy Saving Opportunity Scheme (ESOS).

Climate Goals & Targets

Environmental Challenges

• Scope 3 emissions from travel and employee commuting.
• Need to reduce waste and energy consumption further.
• Need to improve data collection on water usage at Group level.

Mitigation Strategies

• Electric Vehicle scheme for employees.
• Investment in energy efficiency projects (cleanroom upgrades).
• Carbon offsetting schemes.
• Continuous Improvement Team focused on sustainability.
• Working towards zero waste to landfill across all UK sites by end of 2024.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Collaboration with suppliers to accelerate sustainability opportunities.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Energy market volatility

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: Null

Certifications: ISO 9001, ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Aquinox printhead (water-based fluids)
• Ultra High Viscosity technology (less ink and energy)

Awards & Recognition

• Finalist at edie Sustainability Awards