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Evolution Digital's Climate Report

Submitted on 2024-08-29

Introduction *

Commitment and Targets *

Own Emissions *

Value Chain Emissions *

(optional)

Climate Solutions *

(optional)

Management, Strategy and Climate Risk *

(optional)

Results, Challenges and Outlook *

Version 3.0

Introduction *

1.1 Reporting year

*

2023

1.1.1 Reporting period

*

from 1.2023 to 1.2024

1.2 Describe your business activities

*
Evolution Digital provides video and Wi-Fi devices, and software management solutions to the telecommunications industry.

1.4 Number of employees in the reporting year

*
34

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

*
Not applicable

Commitment and Targets *

2.1 Net zero target year

*
2050

2.1.1 Base year

*
2023

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.

*
Evolution Digital’s goal is to achieve net zero emissions before 2050 and half our greenhouse gas emissions by 2030. We will report our progress annually to the SME Climate Hub organization.

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

*
280941 kwh

3.3 Renewable energy

*
0 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
64 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
149 metric tons CO2e

3.6 Market based scope 2 emissions

*
0 metric tons CO2e

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

*
Increase our use of renewable energy and reduce our overall consumption to achieve the necessary scope 1 & 2 emission reductions.

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

*
The data gathered is Electric and Gas receipts, Air Conditioning receipts and Propane receipts, along with Accounting Balance Sheet. We used the EPA Emissions Calculator Tool.

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)?

*
Yes

4.2.1 What percentage of your suppliers have you asked?

*
100 of spend

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.

*
NA

Climate Solutions (optional) *

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

*
No

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.

*

No processes in place

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

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

*
To be provided in the future submission

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

*

Yes

Our mission is to lead the world of cable with the environment and sustainability in mind. Our growth is a reflection of our contribution to both our customer's success and the betterment of our planet. Through innovation, dedication, and collaboration, we work toward a more sustainable and harmonious coexistence with our environment.

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

*

No

-

Results, Challenges and Outlook *

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

*
Not Applicable. We are starting emission calculations in 2023.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 3 emissions,Complexities in managing supply chain emissions

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

*

No

-

Evolution Digital's Climate Report

Evolution Digital's Climate Report - 2023

Introduction *

1.1 Reporting year

*

2023

1.1.1 Reporting period

*

from 1.2023 to 1.2024

1.2 Describe your business activities

*
Evolution Digital provides video and Wi-Fi devices, and software management solutions to the telecommunications industry.

1.4 Number of employees in the reporting year

*
34

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

*
Not applicable

Commitment and Targets *

2.1 Net zero target year

*
2050

2.1.1 Base year

*
2023

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.

*
Evolution Digital’s goal is to achieve net zero emissions before 2050 and half our greenhouse gas emissions by 2030. We will report our progress annually to the SME Climate Hub organization.

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

*
280941 kwh

3.3 Renewable energy

*
0 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
64 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
149 metric tons CO2e

3.6 Market based scope 2 emissions

*
0 metric tons CO2e

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

*
Increase our use of renewable energy and reduce our overall consumption to achieve the necessary scope 1 & 2 emission reductions.

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

*
The data gathered is Electric and Gas receipts, Air Conditioning receipts and Propane receipts, along with Accounting Balance Sheet. We used the EPA Emissions Calculator Tool.

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)?

*
Yes

4.2.1 What percentage of your suppliers have you asked?

*
100 of spend

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.

*
NA

Climate Solutions (optional) *

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

*
No

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.

*

No processes in place

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

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

*
To be provided in the future submission

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

*

Yes

Our mission is to lead the world of cable with the environment and sustainability in mind. Our growth is a reflection of our contribution to both our customer's success and the betterment of our planet. Through innovation, dedication, and collaboration, we work toward a more sustainable and harmonious coexistence with our environment.

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

*

No

-

Results, Challenges and Outlook *

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

*
Not Applicable. We are starting emission calculations in 2023.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 3 emissions,Complexities in managing supply chain emissions

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

*

No

-
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Det är enkelt att göra åtagandet. Fyll bara i ett formulär där du delar med dig av din avsikt att minska dina utsläpp.

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