Climate Change Data

Altium Limited

Climate Impact & Sustainability Data (2021, 2023)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Gender Diversity
  • Data Security
  • Customer Privacy

Social Achievements

  • Increased female representation in the global workforce to 37% (from 34% in FY20), and 40% on the Board of Directors.

Governance Achievements

  • Regular performance evaluations of the board, its committees, and individual directors.
  • Annual performance evaluations of senior executives.
  • Implementation of a Diversity Policy with measurable objectives for gender diversity.

Climate Goals & Targets

Short-term Goals:
  • Achieve 30% gender diversity target for C-suite executives by 2024.
  • Conduct a gender pay equity audit by 2023.
  • Conduct global diversity and inclusion surveys by 2023.
  • Conduct conscious and unconscious bias training for all people managers by 2022.

Environmental Challenges

  • Pandemic risk
  • Strategic and operational risk
  • Financial, compliance and regulatory risk
  • Security of sensitive information
  • Ability to attract and retain key personnel
  • Economic risk
Mitigation Strategies
  • A framework is in place to actively assess and manage risk on an ongoing basis. Details are outlined in the 2021 Annual Report's Operating and Financial Review (OFR).

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ASX Corporate Governance Council Principles and Recommendations (4th Edition)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:10,909 tCO2e/year
Scope 1 Emissions:1 tCO2e/year
Scope 2 Emissions:917 tCO2e/year
Scope 3 Emissions:9,991 tCO2e/year

ESG Focus Areas

  • Facilitating environmental sustainability in electronics
  • Facilitating access to education for women and girls
  • Transformational governance for our Board and our Company

Environmental Achievements

  • Partnered with Hexagon on a thermal solution integration project with potential to reduce GHG emissions and e-waste.
  • Developed a 'Sustainability by Design' methodology to calculate GHG emissions during PCB design.
  • Took a leading role in the development of IPC's sustainability strategy.

Social Achievements

  • Scholarship Program for Women in Electronics exceeded target, providing training support to over 207 female students with approximately US$1.2 million in-kind grants.
  • Altium Education program expanded to support over 72,000 students across 130 countries.
  • Launched Altium Women’s Empowerment (AWE) Employee Resource Group.

Governance Achievements

  • Reviewed and updated codes, policies, and processes to ensure compliance and meet stakeholder expectations.
  • Revised Board skills matrix to address current and emerging initiatives and risks.
  • Commenced a process of Board renewal and expansion.

Climate Goals & Targets

Environmental Challenges

  • Reducing GHG emissions across Scope 1, 2, and 3.
  • Implementing TCFD recommendations.
Mitigation Strategies
  • Partnered with Pathzero to measure baseline GHG emissions, calculate potential reduction targets using SBT methodology, and develop a TCFD implementation roadmap.
  • Initiated several climate-related initiatives including measurement of organizational GHG emissions, assessment of possible science-based targets (SBTs), emissions reduction initiatives and TCFD alignment.

Supply Chain Management

Supplier Audits: 10 of top 30 suppliers acknowledged Supplier Code of Conduct in writing

Responsible Procurement
  • Supplier Code of Conduct (SCC)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: SOC 2 Type 2

UN Sustainable Development Goals

  • SDG 4: Quality Education
  • SDG 5: Gender Equality
  • SDG 8: Decent Work and Economic Growth
  • SDG 9: Industry, Innovation and Infrastructure
  • SDG 12: Responsible Consumption and Production
  • SDG 13: Climate Action

Sustainable Products & Innovation

  • Altium 365 GovCloud