060 - Carbon Reduction Plan

POLICIES&PROCEDURES

CarbonReduction Plan(CRP)

1.Introduction

ThinkEmploymentLtdarecommittedtoreducingourcarbonfootprintbyimplementingand followingaCarbonReductionPlan(CRP). WeaimtomeettheneedsofthisCRPthrougheffective communicationandcollaboration. ThinkEmploymentiscommittedtoachievingNetZeroemissions by2050.

WhyshouldThinkEmploymentmeasureourcarbonfootprint?

Humanactivityhasalreadyincreasedtheglobaltemperatureby1°Ccomparedtopre-industrial levels,andthelast22yearshaveheld20ofthehottestyearseverrecorded;climatechangeisn’t goingtohappen,itishappening.Tomitigateagainstfurtherdestruction,worldnationssignedthe ParisAgreement2015tolimitglobalwarmingto1.5°C,orwellbelow2°C.Thisisimportantbecause thehottertheearthgets,themorefrequentlywewillexperiencetheeffectsofclimatechange,and themoreseveretheywillbe.

ForUKbusinessesthismeanshigherriskofflooding,disruptedsupplychains,moreheatwaves (puttingserversanddataatrisk),reducedcropyieldsandstuntedeconomicgrowth Importantly eachriskcomeswithextremerisktohumanhealth,safetyandwellbeing Iftheviabilityofhuman lifeisnotreasonenough,notonlyaretherepotentiallegislativerisksastheUKGovernmentseeksto reachitsnet-zerotarget,buttherearealsorisksassociatedwiththetransitiontoalowcarbon economythroughtaxesandcarbonpricing Withriskscomeopportunities:wehavetheopportunity tolimitourvulnerabilitytofluctuationsinfossilenergypricing,increaseefficiencies,limitriskof supplychaindisruptionandincreaseemployeewellbeingandengagement Consumersare increasinglyenvironmentallyconsciousandasconcernsaroundclimatechangegrow,consumers willmorewillinglyinvestinproductsandservicesassociatedwithbusinessesactivelymeasuring, managingandreducingemissions.Ineverychoicewemakewecanchoosetoaccelerateclimate changeorbepartofthesolution.Measuringcarbonemissionsprovidesaconsistent,accurateand transparentlookattheamountofgreenhousegasthebusinesscreatesandhelpstoidentifywhich processesarecontributingthemosttoclimatechange.Effectivemanagementofrisksand identificationofopportunitiescanoptimisevaluecreation.Animportantsteptounlockingthisvalue isunderstandinghowyouractivitiesgenerategreenhousegasemissionsandthenidentifyinghow youcanminimisethem.Onthebasisthat‘whatgetsmeasuredgetsmanaged’,thefirststepto reducingyourcarbonfootprintistomeasureit.

Factsaboutclimatechange

1.Climatechangecouldbeirreversibleby2030-theworld’scarbonemissionshavecontinuedto increaseyearonyeardespitescientistswarningthatglobalcarbonpollutionmustbecutinhalfover thenextdecadetoavoidcatastrophicirreversibledamagetoourplanet.

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2.Weusemoreoftheearth’sresourcesthanitcanrenew-TheUK’sOvershootDay2021wasthe 19thofMay,thisisthedatewhenourdemandfornaturalresourcesandservicesinagivenyear exceedswhattheearthcangenerateinthatyear.Bynowweareusingresourcestheearthwon’tbe abletorestore.

3.By2050,30-50%ofthetotalspeciesfoundonearthwillbeextinct-Theexpectedrateofspecies extinctionisaround5speciesayear,we’recurrentlylosingupto1,000timesthenormalrate. Ecosystemdegradationisalreadyaffectingthewellbeingofatleast3.2billionpeople–40%ofthe world’spopulation.

4.Thewealthiest51%oftheworld’spopulationaccountfor86%ofglobalCO2emissions–Yetthe world’spoorestdisproportionatelysuffertheeffectsofclimatechange,itisnotjustaclimatecrisis, butahumanitariancrisistoo.

5.Climatechangeiscreatingarefugeecrisis-Asglobaltemperaturesincrease,millionsofpeople arefleeingtheirhomestoavoidtheimpactsofdroughtsandextremestorms Andthesenumbersare settorise,estimatingthatupto200millionpeoplecouldbedisplacedbyclimatechangeby2050 Themoregreenhousegaswepumpintotheatmosphere,thehottertheearthgets

2.Aim

Weasacompanyaimto:

Educateandraiseawarenessamongstaffandourlearners Encouragecontinualprofessionaldevelopmentforrelevantstaff Establishclearreportingofourplanwithtimelyupdates AchieveNetZeroby2050

Tofullycaptureacarbonfootprint,theGreenhouseGas(GHG)Protocolhassplitemissions upinto3scopes:

Definition Source Scope 1 Direct GHG emissions from sources owned by the organisation Onsite combustion of fuels (natural gas) or from company owned vehicles Scope 2 Indirect emissions, consumed by the company, but not directly created Purchased electricity and gas 2

Emissionsarearecordofthegreenhousegasesthathavebeenproducedinthepastand wereproducedpriortotheintroductionofanystrategiestoreduceemissions.Baseline emissionsarethereferencepointagainstwhichemissionsreductioncanbemeasured. WhenidentifyingThinkEmployment’sEmissionFootprint,thefollowingwasconsidered:

Definition Source Scope 3 Indirect emissions outside of a company boundary, but still related to company activities Sources include the supply chain, emissions produced by employee commuting and end of-life treatment of a product BaselineEmissionsFootprintBaseline

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Source:brcorguk

3.Targets

BaselineYear:2021

AdditionalDetailsrelatingtotheBaselineEmissionscalculations

Allofficesareinleasedbuildingswiththereforelimitedscopetoinfluencetheresourceefficiencyofthepremises,althoughresourceuseisnotconsideredtobe significant Pre-Covid,trainersandskillscoachesweretravellingtodelivertrainingandmeetwithapprentices,butthepandemichasresultedinThinkEmployment utilisingvirtuallearningprogrammes,andsignificantlyreducingbusinesstravel,andinturnairandcarbonemissions Weanticipatethatinthefuturetherewillbea hybridapproachtodeliveringcourses,meaningemissionswillremainbelowpre-Covidlevels Althoughminimisingthecompany’senvironmentalfootprintissomething thatmanagementaremindfulof,andalignswiththecompany’svalues,itissomethingthatiscurrentlyunder-developedintermsofformalmanagement,monitoringand reporting Therearelimiteddirectemissionsandwastegenerationsfromoperations Themainwastestreamsgeneratedaregeneralofficewaste,electronicsandused/ outofdatetrainingmaterials Themovetovirtuallearningroomshasledtoareductioninphysicaltrainingmaterials Areviewofoptionstofurtherdigitalisematerials wouldpresentanopportunitytominimiseresourceuseandthereforewaste,aswellastoreducecosts Wedorecognisethatrunningawebsiteresultsintheaverageof 10,000viewspermonthresultinginapossible800kgsofcarbonperyear

Baselineyearemissions:

CurrentEmissionsReporting

EMISSIONS TOTAL(tCO2e) Ourcompany2020totalcarbonfootprintis:23 23 tCO2e Or:0 516tCO2e/employee Scope1 0%/0 Scope2 95%/22 1tCO2eemissions Scope3(Includedsources) 5%/1 13tCO2eemissions TotalEmissions 23 23tCO2eemissions

ReportingYear:2023 EMISSIONS TOTAL(tCO2e) Ourcompany2021totalcarbonfootprintis:28 6 tCO2e Or:0 817tCO2e/employee Scope1 0 6 Scope2 3 9tCO2eemissions Scope3(Includedsources) 31.4tCO2eemissions TotalEmissions 35 87tCO2eemissions 4

*Thecurrentemissionreportingishigherthanpreviouslyduetotheliftofcovidrestrictionsandcentres beingopentostaff,ThinkEmploymentreportsannuallyinJulyontargets Weexpectemissionstorise slightlyduetolearnersattendingcentresbutour2050planwillremainineffect.

Emissionsreductiontargets

InordertocontinueourprogresstoachievingNetZero,wehaveadoptedthefollowingcarbonreduction targets.

Reduceabsolutecarbon,travel,energyemissionsby5%eachyearonaverage.

Weprojectthatcarbonemissionswilldecreaseoverthenextfiveyearsto18.23tCO2eby2026.Thisisa reductionagainstthesetargetscanbeseeninthegraphbelow:

ThinkEmploymenthavecommittedtosignuptoSBTImeasuresbyAugust2023toaccuratelyset targets Thefollowingenvironmentalmanagementmeasuresandprojectshavebeenimplemented sincethe2020baseline Inthefuturewehopetoimplementfurthermeasuressuchas:

Furtherchangesinemployeecontractstorepresentmoreflexibilityandpromotionofhybrid workingtosupportreductioninthelevelofscope3emissions.

Reinstatingthecarshareschemetoreducethenumberofcarsvisitingoffices. Introduceacycletoworkscheme.

Movingtoapaperlessorganisationbylimitingtheuseofprinters/photocopiers. Encouragementofstafftousepublictransportwhenvisitingoffices. EducateourstaffandlearnerswithmeaningfulCPDinsustainabilityandthereductionof individualscarbonfootprint.

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DeclarationandSignOff

ThisCarbonReductionPlanhasbeencompletedinaccordancewithPPN06/21andassociated guidanceandreportingstandardforCarbonReductionPlans.Emissionshavebeenreportedand recordedinaccordancewiththepublishedreportingstandardforCarbonReductionPlansandtheGHG ReportingProtocolcorporatestandard13andusestheappropriateGovernmentemissionconversion factorsforgreenhousegascompanyreporting14.

Scope1andScope2emissionshavebeenreportedbySECRrequirements,andtherequiredsubsetof Scope3emissionshavebeenreportedinaccordancewiththepublishedreportingstandardforCarbon ReductionPlansandtheCorporateValueChain(Scope3)Standard15.

ThisCarbonReductionPlanhasbeenreviewedandsignedoffbyourdirectorandtheboardof Governance.