iSupply Ltd.'s Climate Report

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Introduction *

Commitment and Targets *

Own Emissions *

Value Chain Emissions *

(optional)

Climate Solutions *

(optional)

Management, Strategy and Climate Risk *

(optional)

Results, Challenges and Outlook *

Version 1.1.0

Introduction *

1.1 Reporting year

*

2024

1.1.1 Reporting period

*

from 12.2023 to 11.2024

1.2 Describe your business activities

*
End-to-end service provision for printing and signage operating on the island of Ireland. In-house design team for from scratch projects or preparing print ready files for print. Installation team for signage and office fit-outs. Printing services include but are not limited to: Lithographic and Digital printing of paper-based products (Books, reports, leaflets, calendars, business cards, etc.), Direct Mailing services, finishing (cutting, lamination, folding, embossing, perforation), delivery of products. Signage services include but are not limited to: Digital Offset Printing (DOP) on flatbed and large format printing machines of both polymer and paper-based products (indoor/ outdoor signage, point of sale, perspex, way-finding, packaging, etc), finishing (cutting (manual or machine), assembly, lamination, etc), installation, delivery, vehicle wrap.

1.4 Number of employees in the reporting year

*
20

1.4.1 Full-time equivalent (FTE) or headcounts

*
Full-time equivalent

1.5 Let us know if your company is a parent company or subsidiary

*
Parent company

Commitment and Targets *

2.1 Net zero target year

*
2050

2.1.1 Base year

*
2019

2.2 Near-term target

*

50% of absolute scope 1+2 emission reduction from my base year by 2030

2.3 Provide any additional comments or context on your net zero and near term targets.

*
We have a 5% reduction per annum target for our scope 1 and 2 emissions to ensure a consistent strategy rather than a last second scramble. Energy efficiency in our printing department is measured by sheets of paper used per unit of electricity, with a goal to increase efficiency by 5% per annum. A strategy is in development for measuring efficiency in our signage department, which will likely require the acquisition of smart meters as the processes in this department are inconsistent, meaning a metric similar to that in the printing department would not be applicable. Goals and targets developed in iSupply are made in alignment with the UN SDGs, with a full SDG alignment strategy being developed for the year of 2025. Solar PV arrays were deployed on-site in June 2024, meaning we will receive ~33% of our energy from carbon neutral micro-gen per annum going forward. A scope 3 emissions strategy is in development and will hopefully be fully fleshed out and deployed by end of Q1 2025. We are already in constant communication with our suppliers regarding eco-friendly products and requesting product data sheets for new product ranges. Being engaged in an innovation boost project, we are actively engaging with organisations who are attempting to scale up eco-friendly solutions for the sector, such as Algae Ink Technologies in the US, and are also developing a potential business model for a circular signage solution for Ireland. We currently have the capacity to provide a product passport for our products which factors in the emissions directly associated with material itself. We intend to evolve this passport to factor in transport and processing in-house also. We take a strong sustainability approach to emission reduction, working to minimise our own contribution rather than offsetting. There are currently a significant amount of emissions associated with the sector which are unavoidable or financially infeasible to internalise, requiring a reliance on weak sustainability strategies in the short term. At iSupply we advocate for these solutions in the short term only, allowing for positive environmental impacts through substitution while longer term solutions continue to scale up. We are working with the World Land Trust in a carbon balanced paper initiative for our clients who wish to offset the currently unavoidable emissions of their products.

Own Emissions *

3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action

*
Yes

Energy consumption

3.2 Total energy consumption

*
87232.35 kwh

3.3 Renewable energy

*
50593 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
13.1 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
20.19 metric tons CO2e

3.6 Market based scope 2 emissions

*
9.34 metric tons CO2e

3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.

*
Scope 1: Factors included: - Road diesel consumed by fleet Plans and actions: - Efficient scheduling of deliveries - Efficient scheduling of installations - Recording of fuel use by tracking vehicle mileage and recording receipts from fuel purchases - Commitment to transition to EV/ hybrid vehicles when upgrading fleet Scope 2: Factors included: - Energy import from grid for all processes on-site - On-site Solar PV contribution to processes - Solar PV export to grid Plans and Actions: - Transition to fully renewable energy package in April of 2024 - Solar PV array installed on-site in June 2024. Performance and pay-back period will be monitored, with further PV development being considered if deemed appropriated - Developments in the scaling up of small scale vertical axis wind turbines being monitored. Plan in development to deploy pilot turbine if conditions are deemed appropriate - Constant monitoring through energy bills and on-site monitoring app for unit 4. Smart metering being considered for unit 3 to allow for better data and ease of reporting - Energy efficiency metrics developed/ in development as mentioned in the previous section - All machinery purchases subject to environmental performance review as per our ISO 14001 standards, with preference given to machines with greater energy efficiency within the realms of what is financially feasible General Emissions Plans and Actions: - ISO 14001 certified environmental management system in place. All policies and initiatives in place are to this standard - Quarterly reviews of performance - Annual strategy review - Full-time sustainability officer to monitor emissions, environmental performance, and to develop initiatives and strategies - Displaying of environmental performance metrics and results on our canteen notice board - Creating and encouraging as many bottom-up strategies and contributions towards the decarbonisation plan as possible to empower employees to take responsibility of their own footprint and learn from their perspectives - Sustainability officer at all relevant team meetings to ensure that sustainability is considered in all aspects of the business

3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.

*
Scope 1: Scope 1 emissions calculated by reviewing receipts submitted to our accounting software and using appropriate conversion factor as per Sustainable Energy Authority Ireland (SEAI) 2024 figures (263.9 gC02e/ kWh). Litres of diesel recorded is converted to kWh by multiplying by 10.96 in order to format figures correctly (5L diesel = 54.8 kWh) before being multiplied by the aforementioned conversion factor. A new method of recording vehicle mileage every month will be deployed in 2025 to ensure no data is missed (bills not submitted to accounting software). Scope 2: Location-based: Electricity consumed is recorded in our monitoring document by reviewing bills monthly. Electricity consumed which is supplied directly by our on-site Solar PV array is NOT included in our emission figures. Emissions offset from exports to the grid is NOT included as to avoid double counting. kWh of energy consumed by import from the grid is multiplied by the appropriate conversion factor as per SEAI 2024 figures (254.8 gCO2e/kWh). Location-based: iSupply transitioned to a 100% green energy package in April 2024 which states that energy consumed can be considered net-zero when reporting emissions. Electricity consumed from our previous provider is therefore the only energy consumed this year with a carbon footprint. The energy imported on this brown energy package is multiplied by the appropriate conversion factor specified in the previous point. iSupply will continue to report on both location-based and market-based emissions as is good practice, and will develop our strategies in-line with location-based in order to ensure that our strategies aim to have the maximum positive impact and achieve a 51% reduction by 2030 regardless of which methodology is deployed.

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*
No

Supply chain related - upstream emissions

Customer related - downstream emissions

4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?

*
No

4.3 Have you communicated your commitment and actions to any of your customers?

*
Yes

4.4 Describe the calculation methodology and comment on the data accuracy and any tools used to calculate your scope 3 emissions.

*
Scope 3 emission figures for 2024 have not been recorded at a level that is sufficient for this report. Scope 3 emissions for 2024 will be reported on in the coming months. The methodology used for recording baseline scope 3 emissions is unclear and the individual who deployed the method is not available for contact. Therefore a new strategy for measuring scope 3 emissions is required which may lead to a re-measurement of our baseline figures for accurate comparisons and suitable goal development.

Climate Solutions (optional) *

5.1 Do you classify any of your existing goods and/or services as a climate solution?

*
-

Management, Strategy and Climate Risk (optional) *

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.

*

Governance process in place,Person is responsible for climate strategy at board level

6.1.1 Please describe their position and responsibility.

*
Director of Business Strategy and Development - responsible for choosing the strategic direction of the company. Manager of the Eco-Sustainability Lead. Eco-Sustainability Lead - In-house sustainability officer. In charge of development and management of sustainability initiatives, client and supplier outreach, policy development, day-to-day management and internal auditing of ISO 14001 environmental management system. Project manager of

6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?

*
Yes

6.2 Have you started to identify and assess your companies climate risks and opportunities?

*
Yes - we have identified both climate risks and opportunities

6.2.1 Where are the climate risks you've identified?

*
Both operations and value chains

6.2.2 How are you managing these climate risks? Choose as many as are applicable.

*

We\'ve started to prioritise climate risks,We\'ve mapped the impact of our climate risks over time (short, medium and long term horizons),We\'ve assessed these risks against revenue of the company,We\'ve Identified plans for adaptation to mitigate these risks,We\'ve Integrated these adaptation plans into business practices

6.2.3 Provide any additional comments or context on your climate risks:

*
Environmental Aspects and Impacts register in place as per ISO 14001 standards. Environmental risks and opportunities register in place to develop actions and plans to mitigate aspects and impacts, and maximise ability to occupy the niche of a sustainable printing partner.

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.

*

Yes

Sustainability has been designated as one of the three pillars of this phase of iSupply\\\\\\\\\\\\\\\'s development, and is factored into decision making at all levels of the organisation. This is reflected in our environmental policy which is updated annually.

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?

*

Yes

Engaged in an innovation boost project with Ulster University to identify innovative and sustainable solutions for the sector. In the process of developing a business model for a circular signage solution for Ireland. Significant stakeholder engagement efforts have taken place, including the organising and hosting of a Chamber Connects event in the University of Galway, focusing on where commercial value and sustainability intersect. This was done to attempt to dispel the myth that sustainable solutions always come with a significant cost, and that the inverse is often true.

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.

*
iSupply has made significant progress this year towards our Scope 1 and 2 emission reductions targets. Scope 1: 20.6% reduction on baseline - meeting target for this year Scope 2: - Location-based: 40.6% reduction on baseline - far exceeding target for this year. - Market-based: 73.9% reduction on baseline - Significantly exceeded 2030 goal Scope 1 & 2 - Location-based: 36% reduction on baseline - On target for 2030 target - Market-based: 57.1% reduction on baseline - 2030 target exceeded This year also saw iSupply hiring a full-time sustainability officer, highlighting the continued dedication to growing in line with the principles of sustainable development. We passed our ISO 14001 surveillance audit with zero non-conformities or opportunities for improvement identified. We aim to build on this over the coming years, and become Ireland\\\\\\\\\\\\\\\'s premier sustainable printing partner. Given the success of our performance relating to scope 1 and 2 emissions in 2024, significantly greater emphasis will be placed on identifying and reducing scope 3 emissions in 2025. Our goal for this year was to maximise our in-house performance, which will be continuously monitored to ensure no disimprovement occurs while we shift our focus to our greatest source of emissions. Internalising our scope 3 emissions will be extremely difficult and require significant stakeholder consultation. Thankfully through our outreach activities in 2024, we have developed relationships with many of the major players in our supply chains, and have connected with individuals and organisations who will be able to provide us with best-in-class advice and tools.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 3 emissions,Electrifying the vehicle fleet and/or cutting transport emissions,Balancing emission reductions with business growth,Complexities in managing supply chain emissions,Slow societal and economic progress on climate action,Insufficient policies or government incentives,Insufficient funding,Limited influence over suppliers

7.3 Has there been any third party validation of the data submitted in this report?

*

No

-

iSupply Ltd.'s Climate Report

iSupply Ltd.'s Climate Report - 2024

Introduction *

1.1 Reporting year

*

2024

1.1.1 Reporting period

*

from 12.2023 to 11.2024

1.2 Describe your business activities

*
End-to-end service provision for printing and signage operating on the island of Ireland. In-house design team for from scratch projects or preparing print ready files for print. Installation team for signage and office fit-outs. Printing services include but are not limited to: Lithographic and Digital printing of paper-based products (Books, reports, leaflets, calendars, business cards, etc.), Direct Mailing services, finishing (cutting, lamination, folding, embossing, perforation), delivery of products. Signage services include but are not limited to: Digital Offset Printing (DOP) on flatbed and large format printing machines of both polymer and paper-based products (indoor/ outdoor signage, point of sale, perspex, way-finding, packaging, etc), finishing (cutting (manual or machine), assembly, lamination, etc), installation, delivery, vehicle wrap.

1.4 Number of employees in the reporting year

*
20

1.4.1 Full-time equivalent (FTE) or headcounts

*
Full-time equivalent

1.5 Let us know if your company is a parent company or subsidiary

*
Parent company

Commitment and Targets *

2.1 Net zero target year

*
2050

2.1.1 Base year

*
2019

2.2 Near-term target

*

50% of absolute scope 1+2 emission reduction from my base year by 2030

2.3 Provide any additional comments or context on your net zero and near term targets.

*
We have a 5% reduction per annum target for our scope 1 and 2 emissions to ensure a consistent strategy rather than a last second scramble. Energy efficiency in our printing department is measured by sheets of paper used per unit of electricity, with a goal to increase efficiency by 5% per annum. A strategy is in development for measuring efficiency in our signage department, which will likely require the acquisition of smart meters as the processes in this department are inconsistent, meaning a metric similar to that in the printing department would not be applicable. Goals and targets developed in iSupply are made in alignment with the UN SDGs, with a full SDG alignment strategy being developed for the year of 2025. Solar PV arrays were deployed on-site in June 2024, meaning we will receive ~33% of our energy from carbon neutral micro-gen per annum going forward. A scope 3 emissions strategy is in development and will hopefully be fully fleshed out and deployed by end of Q1 2025. We are already in constant communication with our suppliers regarding eco-friendly products and requesting product data sheets for new product ranges. Being engaged in an innovation boost project, we are actively engaging with organisations who are attempting to scale up eco-friendly solutions for the sector, such as Algae Ink Technologies in the US, and are also developing a potential business model for a circular signage solution for Ireland. We currently have the capacity to provide a product passport for our products which factors in the emissions directly associated with material itself. We intend to evolve this passport to factor in transport and processing in-house also. We take a strong sustainability approach to emission reduction, working to minimise our own contribution rather than offsetting. There are currently a significant amount of emissions associated with the sector which are unavoidable or financially infeasible to internalise, requiring a reliance on weak sustainability strategies in the short term. At iSupply we advocate for these solutions in the short term only, allowing for positive environmental impacts through substitution while longer term solutions continue to scale up. We are working with the World Land Trust in a carbon balanced paper initiative for our clients who wish to offset the currently unavoidable emissions of their products.

Own Emissions *

3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action

*
Yes

Energy consumption

3.2 Total energy consumption

*
87232.35 kwh

3.3 Renewable energy

*
50593 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
13.1 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
20.19 metric tons CO2e

3.6 Market based scope 2 emissions

*
9.34 metric tons CO2e

3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.

*
Scope 1: Factors included: - Road diesel consumed by fleet Plans and actions: - Efficient scheduling of deliveries - Efficient scheduling of installations - Recording of fuel use by tracking vehicle mileage and recording receipts from fuel purchases - Commitment to transition to EV/ hybrid vehicles when upgrading fleet Scope 2: Factors included: - Energy import from grid for all processes on-site - On-site Solar PV contribution to processes - Solar PV export to grid Plans and Actions: - Transition to fully renewable energy package in April of 2024 - Solar PV array installed on-site in June 2024. Performance and pay-back period will be monitored, with further PV development being considered if deemed appropriated - Developments in the scaling up of small scale vertical axis wind turbines being monitored. Plan in development to deploy pilot turbine if conditions are deemed appropriate - Constant monitoring through energy bills and on-site monitoring app for unit 4. Smart metering being considered for unit 3 to allow for better data and ease of reporting - Energy efficiency metrics developed/ in development as mentioned in the previous section - All machinery purchases subject to environmental performance review as per our ISO 14001 standards, with preference given to machines with greater energy efficiency within the realms of what is financially feasible General Emissions Plans and Actions: - ISO 14001 certified environmental management system in place. All policies and initiatives in place are to this standard - Quarterly reviews of performance - Annual strategy review - Full-time sustainability officer to monitor emissions, environmental performance, and to develop initiatives and strategies - Displaying of environmental performance metrics and results on our canteen notice board - Creating and encouraging as many bottom-up strategies and contributions towards the decarbonisation plan as possible to empower employees to take responsibility of their own footprint and learn from their perspectives - Sustainability officer at all relevant team meetings to ensure that sustainability is considered in all aspects of the business

3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.

*
Scope 1: Scope 1 emissions calculated by reviewing receipts submitted to our accounting software and using appropriate conversion factor as per Sustainable Energy Authority Ireland (SEAI) 2024 figures (263.9 gC02e/ kWh). Litres of diesel recorded is converted to kWh by multiplying by 10.96 in order to format figures correctly (5L diesel = 54.8 kWh) before being multiplied by the aforementioned conversion factor. A new method of recording vehicle mileage every month will be deployed in 2025 to ensure no data is missed (bills not submitted to accounting software). Scope 2: Location-based: Electricity consumed is recorded in our monitoring document by reviewing bills monthly. Electricity consumed which is supplied directly by our on-site Solar PV array is NOT included in our emission figures. Emissions offset from exports to the grid is NOT included as to avoid double counting. kWh of energy consumed by import from the grid is multiplied by the appropriate conversion factor as per SEAI 2024 figures (254.8 gCO2e/kWh). Location-based: iSupply transitioned to a 100% green energy package in April 2024 which states that energy consumed can be considered net-zero when reporting emissions. Electricity consumed from our previous provider is therefore the only energy consumed this year with a carbon footprint. The energy imported on this brown energy package is multiplied by the appropriate conversion factor specified in the previous point. iSupply will continue to report on both location-based and market-based emissions as is good practice, and will develop our strategies in-line with location-based in order to ensure that our strategies aim to have the maximum positive impact and achieve a 51% reduction by 2030 regardless of which methodology is deployed.

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*
No

Supply chain related - upstream emissions

Customer related - downstream emissions

4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?

*
No

4.3 Have you communicated your commitment and actions to any of your customers?

*
Yes

4.4 Describe the calculation methodology and comment on the data accuracy and any tools used to calculate your scope 3 emissions.

*
Scope 3 emission figures for 2024 have not been recorded at a level that is sufficient for this report. Scope 3 emissions for 2024 will be reported on in the coming months. The methodology used for recording baseline scope 3 emissions is unclear and the individual who deployed the method is not available for contact. Therefore a new strategy for measuring scope 3 emissions is required which may lead to a re-measurement of our baseline figures for accurate comparisons and suitable goal development.

Climate Solutions (optional) *

5.1 Do you classify any of your existing goods and/or services as a climate solution?

*
-

Management, Strategy and Climate Risk (optional) *

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.

*

Governance process in place,Person is responsible for climate strategy at board level

6.1.1 Please describe their position and responsibility.

*
Director of Business Strategy and Development - responsible for choosing the strategic direction of the company. Manager of the Eco-Sustainability Lead. Eco-Sustainability Lead - In-house sustainability officer. In charge of development and management of sustainability initiatives, client and supplier outreach, policy development, day-to-day management and internal auditing of ISO 14001 environmental management system. Project manager of

6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?

*
Yes

6.2 Have you started to identify and assess your companies climate risks and opportunities?

*
Yes - we have identified both climate risks and opportunities

6.2.1 Where are the climate risks you've identified?

*
Both operations and value chains

6.2.2 How are you managing these climate risks? Choose as many as are applicable.

*

We\'ve started to prioritise climate risks,We\'ve mapped the impact of our climate risks over time (short, medium and long term horizons),We\'ve assessed these risks against revenue of the company,We\'ve Identified plans for adaptation to mitigate these risks,We\'ve Integrated these adaptation plans into business practices

6.2.3 Provide any additional comments or context on your climate risks:

*
Environmental Aspects and Impacts register in place as per ISO 14001 standards. Environmental risks and opportunities register in place to develop actions and plans to mitigate aspects and impacts, and maximise ability to occupy the niche of a sustainable printing partner.

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.

*

Yes

Sustainability has been designated as one of the three pillars of this phase of iSupply\\\\\\\\\\\\\\\'s development, and is factored into decision making at all levels of the organisation. This is reflected in our environmental policy which is updated annually.

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?

*

Yes

Engaged in an innovation boost project with Ulster University to identify innovative and sustainable solutions for the sector. In the process of developing a business model for a circular signage solution for Ireland. Significant stakeholder engagement efforts have taken place, including the organising and hosting of a Chamber Connects event in the University of Galway, focusing on where commercial value and sustainability intersect. This was done to attempt to dispel the myth that sustainable solutions always come with a significant cost, and that the inverse is often true.

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.

*
iSupply has made significant progress this year towards our Scope 1 and 2 emission reductions targets. Scope 1: 20.6% reduction on baseline - meeting target for this year Scope 2: - Location-based: 40.6% reduction on baseline - far exceeding target for this year. - Market-based: 73.9% reduction on baseline - Significantly exceeded 2030 goal Scope 1 & 2 - Location-based: 36% reduction on baseline - On target for 2030 target - Market-based: 57.1% reduction on baseline - 2030 target exceeded This year also saw iSupply hiring a full-time sustainability officer, highlighting the continued dedication to growing in line with the principles of sustainable development. We passed our ISO 14001 surveillance audit with zero non-conformities or opportunities for improvement identified. We aim to build on this over the coming years, and become Ireland\\\\\\\\\\\\\\\'s premier sustainable printing partner. Given the success of our performance relating to scope 1 and 2 emissions in 2024, significantly greater emphasis will be placed on identifying and reducing scope 3 emissions in 2025. Our goal for this year was to maximise our in-house performance, which will be continuously monitored to ensure no disimprovement occurs while we shift our focus to our greatest source of emissions. Internalising our scope 3 emissions will be extremely difficult and require significant stakeholder consultation. Thankfully through our outreach activities in 2024, we have developed relationships with many of the major players in our supply chains, and have connected with individuals and organisations who will be able to provide us with best-in-class advice and tools.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 3 emissions,Electrifying the vehicle fleet and/or cutting transport emissions,Balancing emission reductions with business growth,Complexities in managing supply chain emissions,Slow societal and economic progress on climate action,Insufficient policies or government incentives,Insufficient funding,Limited influence over suppliers

7.3 Has there been any third party validation of the data submitted in this report?

*

No

-
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