9 Inizio Sustainability Report 2023 Our Sustainability Strategy Priorities Key performance indicators Our Sustainability Strategy Materiality is a cornerstone of our overall In 2021, Inizio and its predecessor Commercial Strategy andwas formally approved by the Environmental companies completed a singlemateriality assessment. Inizio Board in September 2022. To reach Net Zero greenhouse 1. To decarbonize our operations to Net Zero by •Scope 1 and 2 carbon emissions. Mindful of the changes in our gas emissions in our operations 2040, with a 46.2% reduction in our absolute •Scope 3 carbon emissions. organizational structure since In light of regulatory changes Scope 1 and 2 emissions by 2031, in line with •Percentage of renewable energy then, and in preparation for the and value chain by 2040. our science-based target. consumption vs non-renewable and the progress we’ve made 2. To reduce our Scope 3 emissions to Net Zero energy consumption. upcoming CSRD, we’ve recently so far, in Q4 2023 we reviewed by 2040 and at a minimum by 27.5% by 2031, Percentage f electric and hybrido begun a double materiality • our Sustainability Strategy to in line with our science-based target. vehicles in company fleet. assessment to ensure we’re ensure we’re focusing on where focusing our efforts on the we can have the most impact most important issues for our and to assign key performance stakeholders. We’ll present the indicators (KPIs) against each results of this assessment in pillar of our strategy. The Inizio our 2024 report. Board approved the updates to the Sustainability Strategyin February 2024. Social We have also developed our reporting with reference to To be an employer of choice, by 1. To embed DEI practices throughout the Group. •Increase in favourable score GRI and we have used the investing in our people and creating 2. To create an inclusive learning environment from employees on inclusion material topics identified in and develop our people to fulfill their potential. and equity measures. a culture that values diversity and 3. To ensure our people are safe, well, and free Employee turnover. our 2021 assessment as the • inclusion, while also positively from harm. •Number of lost-time accidents. basis of our GRI reporting. impacting our local communities. 4. To positively contribute to our local communities. •Number of volunteering hours See page 9 in our 2022 spent participating in Community Sustainability Report for Sustainability Pledges Action Day. further details of the single In our 2022 Sustainability Report, materiality assessment. we reported several Sustainability From 2024 onwards, we Pledges. As part our recent will use the output from strategy refresh, these pledges the double materiality have been incorporated into Governance assessment to further our Sustainability Strategy develop our GRI reporting. as internal targets, contributing To operate a robust and agile 1. To build a strong ethical culture Completion rates of mandatory • to the achievement of our KPIs. governance framework throughout the organization. training modules. 2. To enhance the internal governance •Number of incidents of bribery Find out more in our 2022 to support the successful processes and controls throughout and corruption in our operations. Sustainability Report, page 9 delivery of the Group’s strategy. all Inizio legal entities. 3. To ensure robust datagovernance and cyber security controls are in place. 4. To manage our supply chain responsibly.