Xexos Carbon Reduction Plan

Introduction

At Xexos we are dedicated to reducing our environmental impact in alignment with the UK Government’s Net Zero target by 2050. Recognizing our responsibility to combat climate change, we are committed to actively reducing our carbon emissions and contributing to a sustainable future. This Carbon Reduction Plan outlines our strategies for monitoring and reducing greenhouse gas (GHG) emissions, as well as specific measures we will implement across our operations.

Organisational Commitment

Xexos is fully committed to achieving Net Zero carbon emissions by 2050. We will undertake continuous efforts to monitor, manage, and reduce our emissions through targeted initiatives and a strong focus on sustainability in all aspects of our operations and supply chain.

Baseline Year & Emissions

• Baseline Year: 2023
• Baseline Emissions:
  • Scope 1 (Direct Emissions): 0 metric tonnes CO₂e
    • Sources: No direct combustion activities, vehicles, or fossil fuel heating systems.
  • Scope 2 (Indirect Emissions from Purchased Energy): 5 metric tonnes CO₂e
    • Sources: Electricity consumption for lighting, computers, servers, and electric heating.
  • Scope 3 (Indirect Emissions from Supply Chain and Business Activities): 10 metric tonnes CO₂e
    • Sources: Employee commuting, upstream supply chain activities, and third-party logistics for product deliveries.

Reporting Year & Emissions

• Reporting Year: 2023
• Reporting Year End Date: December 31, 2023
• Reporting Year Emissions:
  • Scope 1 (Direct Emissions): 0 metric tonnes CO₂e
    • Actions Taken: No vehicles or fossil-fuel heating; hence, no emissions reported for Scope 1.
  • Scope 2 (Indirect Emissions from Purchased Energy): 4 metric tonnes CO₂e
    • Actions Taken: Reduced energy usage through the installation of energy-efficient LED lighting, ensuring equipment is turned off when not in use, and optimizing heating systems.
  • Scope 3 (Indirect Emissions from Supply Chain and Business Activities): 8 metric tonnes CO₂e
    • Actions Taken: Encouraged employees to utilize public transport or work remotely, while also collaborating with suppliers to reduce packaging and emissions from product deliveries.

Environmental Management Measures

To achieve our emissions reduction goals, we will implement the following environmental management measures across our operations:

• Energy Efficiency in the Office: Investment in energy-efficient equipment and lighting, with staff encouraged to adopt energy-saving practices.
• Remote Working and Travel Reduction: Implementation of a hybrid working model to minimize commuting and related Scope 3 emissions.
• Sustainable Procurement Practices: Collaboration with suppliers to ensure sourcing of products with lower carbon footprints, focusing on energy-efficient IT products.
• Renewable Energy: Plans to transition to a renewable energy tariff for office electricity by 2025, significantly reducing our Scope 2 emissions.
• Waste Reduction and Recycling: Implementation of a recycling program to reduce waste, aiming to divert at least 80% of our waste from landfill by 2025.

Target Reductions and Timeline

Xexos has established the following reduction targets based on our baseline year:

• Scope 1 and 2 Emissions: Aiming for a 50% reduction by 2025 through the adoption of renewable energy and further optimization of energy consumption.
• Scope 3 Emissions: Targeting a 30% reduction by 2030 by promoting remote working, sustainable procurement practices, and minimizing supply chain-related emissions.

Monitoring and Reporting

We will continue to monitor our emissions annually and review this Carbon Reduction Plan to reflect progress and any necessary updates. Our performance will be transparently reported online to ensure accountability and alignment with our Net Zero commitments.

Conclusion

Xexos is dedicated to playing its part in reducing carbon emissions and contributing to a sustainable future. We recognize that our efforts today will help create a healthier planet for future generations. Through this Carbon Reduction Plan, we aim to make significant strides toward achieving our environmental goals and supporting the UK’s commitment to Net Zero by 2050.