14 Inizio Sustainability Report 2023 Key steps to Net Zero 2040 Step 1 – Reducing our Scope 1 and 2 emissions Since 2022, Inizio has participated in Fleet transition Our initial internal target is to the Energize program, a first-of-its-kind Inizio Engage operates a fleet transition at least 50% of all vehicles We’re predominately a professional inspire change, and inform our Electricity sourcing collaboration of 19 pharmaceutical of over 1,000 light commercial to hybrid or electric models by services business, and we therefore employees of the importance of We have committed to purchasing companies across the world, many vehicles across 11 countries in Europe 2025. Over the last 12 months, our focus our emission-reduction environmental sustainability for 100% of our electricity from renewable of which are Inizio clients. The program and the US. The emissions from our colleagues in Engage have been initiatives on how we use our our business, stakeholders, and sources by 2030, and 80% by 2025. helps pharmaceutical and healthcare fleet comprise 73% of our operational making steady progress, with each offices and the transition of our the planet. During this event, we As at 31 December 2023, we used suppliers learn about and engage in emissions. Our aim is to have a fully country responsible for implementing vehicle fleet within Inizio Engage. asked employees to take a short approximately 4,793,122 kWh of renewable electricity purchasing. electric fleet by 2035. However, as a local plan for reaching this target. e-learning module on environmental renewable electricity, representing Through this program, we explored we work to achieve this, we need Energy use sustainability and to make an 80% of our total electricity usage. the possibility of signing upto a Virtual to allow flexibility where access As of 31 December 2023, While many of our offices already environmental sustainability pledge This progress was due to the Power Purchase Agreement (VPPA). to electric charging points 25% of Inizio Engage’s fleet use energy-efficient technology, for the next 12 months. The pledges following factors: However, Inizio does not currently is a challenge. In the near term, is now hybrid or electric such as motion detectors and were then shared internally. meet the minimum electricity we have allowed for the option automatic switches for lighting and 1. All offices which can choose their consumption threshold required of hybrid and electric vehicles. 25% 50% LED fixtures, we can still positively own energy tariffs, rather than to participate. influence energy consumption by having to use energy procured 2023 20251 educating our employees on energy- by their management companies, saving behaviors. During 2023, During the year, many of Inizio’s have opted to purchase 100% 1. Fleet target is as at 31 December 2025. we launched a communications European offices participated in renewable energy tariffs. campaign called Small Changes, the Energy Savings Opportunity Internal targets Big Impact, to educate our people on Scheme (Phase 3) with several 2. We actively engaged with the some of the small changes we can all offices undergoing a third-party management companies of the We aim to buy 80% of our offices we lease to influence • make to reduce consumption in our energy audit. Our facilities teams are electricity from renewable offices. In addition, on 15 November considering the recommendations their decision to purchase sources by 2025 and 100% 2023, we launched a Group-wide arising from those audits, in renewable energy. by 2030. Environmental Sustainability Day. conjunction with the office The aim was to raise awareness, management companies. 3. We purchased Renewable We pledge to switch 50% of Energy Certificates for North • Electricity use(MWh) America and Guarantees of our fleet to hybrid or electric Origin for parts of Europe. vehicles by 2025. 2023 2022 Non-renewable electricity 1,223 2,380 Renewable electricity 4,793 4,255 Percentage of renewable electricity 80% 64% Total energy use (Scope 1 & 2) 23,114 56,381