2

2030

As a service based business with no fleet, our emissions are predominantly generated by the software used to drive our clients net-zero ambition and reports and business travel. These are our main areas of focus in followings the sustainable travel hierarchy for all business travel and engaging with current software providers as part of our supply chain charter to reduce their and our associated emissions.

We are aligning our near term targets to science based targets to play a leading role to our clients focusing on business travel and software that make up 70% of our recorded emissions.

Some supplier based emissions have been excluded from our initial report due to lack of data available in our supply chain.

This report has been created using the Environmental Reporting Guidelines, including Streamline Energy & Carbon Reporting guidance. The report uses the operational control approach to establishing the boundary. The methodology adopted in line with the Greenhouse Gas Protocol and the BEIS Environmental Reporting Guidelines. The calculations were completed using the UK Government emissions factors and the SBS software including environmental input output factors.

Yes

75

25

Yes

100

75

100

The SBS Net-Zero Program enables business set credible net-zero strategies based on great data and sound support. We are more than just a carbon calculator, providing your business an outsourced environmental manager working with you to deliver detailed carbon footprinting, annual certification, carbon reduction strategy, planning and team engagement.

Our software partner Compare Your Footprint (CYF) adheres to the greenhouse gas accounting standard Greenhouse Gas Protocol (GHGP) Corporate Accounting and Reporting Standard developed by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD), which is the global standard for calculating corporate GHG emissions. CYF also complies with ISO 14064-1:2018 and the accounting principles detailed in the IPCC 2019 Refinement to the 2006 IPCC Guidelines for National Greenhouse Gas Inventories and its accompanying database of GHG emissions factors and other related environmental metrics EFDB. For industries for which there are specific guidelines, where relevant CYF also complies with these standards, such as the GLEC Framework for Freight. Legislative reporting instruments adhered to include: • EU Directive 2022/2464 as regards corporate sustainability reporting • EPA’s Simplified Guide to Greenhouse Gas Management for Organizations • UK government’s Technical standard for Completion of Carbon Reduction Plans • Environmental Reporting Guidelines: Including streamlined energy and carbon reporting guidance (SECR) CYF is built on a bespoke taxonomy defining the activities and properties required for Greenhouse Gas (GHG) measurement in line with its underlying standards and principles. We use the ISIC Rev 4 system of industry sectors, ISO country and currency definitions and codes, IATA airport codes and UN/LOCODE, the United Nations Code for Trade and Transport Locations for seaports, train stations and other transport locations. We update our dynamic GHG intensity factors annually where and when available, and add to and update our Life Cycle Assessment (LCA) embodied emissions factors based compareyourfootprint.com on requests from our clients, newly available datasets, and through our internal continual review of studies and meta analyses which feed into our updating processes. We use IPCC 2006 library IPCC – EFDB, and for Global Warming Potentials (GWP) we currently use both of IPCC’s Fifth and Sixth Assessment Report Global Warming Potentials (AR5 and AR6). We include all 7 Kyoto Protocol groups of GHGs and some Montreal Protocol gases not included in the Kyoto Protocol. We report GHGs disaggregated by GHGP ‘scopes’ within both mandatory and optional boundaries. For scope 3, we utilise the GHGP 15 scope 3 categories. For investments, organisations can enter financed emissions (category 15) that have been pre-calculated according to the Principles for Carbon Accounting for Financials (PCAF) ‘built on GHG Protocol’ framework for financial organisations. For financial organisations requiring assistance with calculating their portfolio emissions, we offer analyst help or complete services to produce their carbon footprints in line with PCAF. For GHGP average data method we source factors from governments' and environmental agencies' annually updated datasets including but not limited to: • UK - Defra • USA - EPA • Australian govt • New Zealand Government • Canadian government • AIB – European electricity intensities • Ademe - France For countries or regions for which there are no average grid emissions factors available, we generate . For example, to add an electricity grid factor for UAE that isn't available, we would collect fuel mix data from each electricity provider and apply our methodology to create one ensuring it meets the standards set out in the GHG Protocol. Other factors sources include (but not limited to): • LCA - multiple peer-reviewed meta analyses, and for more obscure activities and products single peer-reviewed studies (added to as more studies are published) in environmental and scientific globally recognised publications (downloaded from ResearchGate to which our Head of Strategy, Emma Littlewood, is a contributor) or Science Direct and other sources. These are analysed by CYF’s climate analyst team. • LCA - client- or supplier-specific LCA studies where requested by CYF software users (and reviewed by CYF analytical team) • LCA - The Australian National Life Cycle Assessment Society AusLCI • LCA - Calc2 compareyourfootprint.com • ICE-DB – construction dataset from Bath University • EEWIOD - where only expenditure data is available and used as a proxy for activity (least specific and accurate activity data method) • CDP - supplier-specific self-reported intensities e.g. for hauliers as agreed upon by our clients • Canadian Raw Materials Database • LCA - EcoInvent – ad hoc intensity metrics to supplement other datasets. For supplier specific GHGs and GHG intensities, CYF provides the capability to enter absolute tonnes of emissions and/or GHG intensities. Proprietary models • Digital - models developed internally and with partner organisations. • Working from Home and commuting - GE Group model developed internally drawing on multiple sources and explained in our Remote Working Carbon Emission Research Paper

50

No