Element Menu Environmental Social & Governance Our Purpose at Element is "Making tomorrow safer than today". Environmental, Social and Governance (ESG) responsibility are core to how we bring this purpose to life. At Element, we believe that the TIC industry can play a significant, and meaningful, role in leading the way in environmental sustainability, in partnership with customers around the world. And we are the front runner. Recognised as industry leader by Sustainalytics, a global leader in ESG research and rating, we have the highest rating of any major TIC player. What’s more, we are in the top 200 of the almost 15,000 companies rated by Sustainalytics. “As a business with purpose at its heart, we’re proud of our strong ESG framework that has been in place for years, which supported our achievement of this rating and our leadership on this critical issue.” Jo Wetz CEO Our Environmental Commitments The environmental commitments around emissions form a critical part of our longer-term ESG plans. The key targets include: Reducing absolute emissions in line with a 1.5 ͦC science-based target by 2026 will mean >30% reduction in Scope 1 and 2 emissions and >15% reduction in Scope 3 emissions (relative to the 2019 baseline). Achieving net zero emissions in direct operations by 2030 will cover all Scope 1 & 2 emissions. Achieving net zero emissions across the entire business will cover all Scope 1, 2 and 3 emissions. WHERE WE'VE COME FROM Current Baseline In 2019 Element’s carbon baseline was 103 KTCO2e, equivalent to 15.1 TCO2e/ FTE and 0.13 TCO2e per $ revenue. Our Climate Initiatives Across the world we’re working hard to reduce our environmental impact and are aiming to migrate 100% of global electricity usage to renewable energy contracts, as well as trialling electric vehicles and working throughout our supply chain to reduce our impact. Renewable Energy Procurement 15% of Element's global electricity is sourced from renewable energy, and we will continue to migrate towards renewable energy contracts for all electricity usage. Energy Production We are installing solar panels on our properties across our organisation, including laboratories in United Arab Emirates and the Netherlands. Electric Vehicles We are currently running electric vehicle fleet trials in the UK with a view to transitioning our vehicles to lower our scope 2 emissions. Social Responsibility We care about the impact we have on our people and the communities we are a part of. We have been working to make Element a more diverse, inclusive and equitable company. Our diversity makes us stronger and more able to make a positive difference in our local communities and to the broader society we are a part of. Diversity and Inclusion Building a more diverse and inclusive culture is all about building trust and being genuine. It’s also about making the most of our diverse ways of thinking, experience, the different cultures and backgrounds we come from. We have launched several colleague resource networks (covering racial equality, disability resource, LGBT+ and Women in Business) and we provide targeted training combatting 'unconscious bias' for our leaders. Safety Creating a safer world for everyone is what we are all about. And that starts with our people, safety is our number one priority and we have implemented a leading-edge safety programme across all operations. Community Service Within Element we can all bring our purpose and values to life both at work and outside of work. We offer all colleagues 12 hours of volunteering leave each year to support their local communities. This is a positive impact in our local communities but can also provide opportunities for personal and professional growth for us as individuals. And giving something back makes us feel proud to support, and be a part of, the communities we are part of. “We could list many reasons and benefits of building a more diverse and inclusive culture – higher levels of innovation, better decision making, stronger engagement. But more fundamentally, it is the right thing to do. It is about increasing inclusion, combating bias and building a culture where everyone feels valued and safe to bring their whole self to work.” Nancy Groesch CHIEF PEOPLE OFFICER Governance and Integrity Our commitment to integrity ensures that consistently high standards are maintained across the Group. We have the necessary governance and organizational structures in place to provide appropriate levels of oversight in audits, risk management and potential conflicts of interest. 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