Quartix Technologies plc
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:36 tonnes CO2e
Scope 1 Emissions:4 tonnes CO2e
Scope 2 Emissions:32 tonnes CO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:184,071 kWh
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced greenhouse gas emissions (Scope 1 and 2) by 24% from 29 to 36 tonnes CO2e
Social Achievements
- Reduced voluntary staff turnover by 8 percentage points (from 28% to 20%)
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GHG Protocol Corporate Accounting and Reporting Standards (Revised)
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:33 tonnes CO2e (UK only)
Scope 1 Emissions:11 tonnes CO2e (UK only)
Scope 2 Emissions:22 tonnes CO2e (UK only)
Total Energy Consumption:156,806 kWh (UK only)
Carbon Intensity:1.1 tonnes CO2e/£m revenue (UK only)
ESG Focus Areas
- Climate change
- Social impact
- Governance
Environmental Achievements
- Reduced fuel consumption by 10-25% in customer fleets due to driver behavior changes from vehicle tracking and analytics.
Social Achievements
- Achieved Gold in the 2022 Investors in Customers survey, recognizing excellent service.
- Implemented mental health & wellbeing initiatives, improving employee engagement.
Governance Achievements
- Established an ESG Committee to oversee sustainability initiatives.
- Adherence to the Quoted Companies Alliance’s (QCA) Corporate Governance Code.
Climate Goals & Targets
Medium-term Goals:
- Further investments in sales channels in 2024 and beyond.
Short-term Goals:
- Improve key metrics in the UK and USA by the end of 2024.
- Complete the replacement of 2G units in France by the end of 2026.
Environmental Challenges
- Increased gross attrition (13.3%) due to strategic changes in US sales and marketing.
- Konetik acquisition resulted in impairment charges and operational losses.
- Need to replace 2G units in France and eventually the UK due to network sunsetting.
- Higher administrative expenses due to Konetik acquisition, IT costs, and salary increases.
Mitigation Strategies
- Focusing on core telematics business and improving marketing effectiveness in the UK and USA.
- Winding down Konetik to reduce further losses.
- Proactively replacing 2G units in France (with a provision of £3.8m) and planning for UK replacement.
- Implementing cost-saving measures and improving operational efficiency.
Supply Chain Management
Supplier Audits: Periodic inspection audits at the key assembler in China. An inspection is planned in 2024.
Responsible Procurement
- The Group expects its suppliers and distributors to demonstrate a culture that reinforces ethical and lawful behaviours.
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Updated 4G telematics hardware
- Connected 4G dashcam solution
Awards & Recognition
- London Stock Exchange’s “Green Economy Mark” (2022)