Sustainability is central to our mission. As a company operating in the energy sector, we recognize the importance of minimizing our environmental impact and promoting responsible energy use. This report outlines our sustainability initiatives, including CO2 emission reductions, sustainable operations, community engagement, and global environmental efforts such as tree planting and carbon offsetting.

1. CO2 Emission Reductions

Utilidex is committed to reducing our carbon footprint and has established clear targets for CO2 emission reductions.

• CO2 Reduction Targets: We aim to reduce our CO2 emissions by at least 5% per year over the next five years, with a long-term goal of achieving net-zero emissions by 2035.

• Full CO2 Footprint Disclosure: We report our Scope 1, Scope 2, and Scope 3 emissions annually to ensure transparency in our sustainability efforts.

For more details on our carbon reduction efforts, click here.

2. Sustainable Operations

In addition to our emission reduction efforts, we are committed to adopting sustainable practices in our daily operations.

• Second-Hand Technology: We prioritize the use of refurbished Dell computers and other second-hand office equipment to minimize electronic waste and reduce the environmental impact associated with the production of new devices.

• Hybrid Working Model: By adopting a hybrid working model, we are reducing commuting-related emissions while promoting a healthy work-life balance for our employees.

3. Supply Chain Sustainability

We ensure that our commitment to sustainability extends to our supply chain by integrating sustainability criteria into our procurement process.

• Supplier Assessment: As part of our supplier relationship policy, all suppliers are evaluated on their sustainability practices, including carbon reduction efforts and adherence to environmental regulations.

4. Community Engagement and Education

We believe in actively contributing to a more sustainable future by engaging with our community and educating the next generation.

• Energy Education: In collaboration with universities such as UCL, Kingston University, and University of Sunderland in London, we provide workshops that focus on renewable energy, energy efficiency, and sustainability. These efforts aim to raise awareness and inspire a more energy-conscious society.

• Environmental Action: Utilidex employees participate in regular community clean-up activities, helping to improve local parks, streets, and riversides, and demonstrating our commitment to environmental stewardship.

5. Carbon Offsetting and Environmental Action

In addition to reducing emissions, Utilidex is actively engaging in carbon offsetting initiatives to further minimize our environmental impact.

• Tree Planting and Volunteering in India: Utilidex is launching a tree-planting initiative in India, where one of our key offices is located. This project is part of our broader effort to offset carbon emissions by contributing to local reforestation efforts. Planting trees not only helps mitigate climate change by absorbing CO2 but also supports biodiversity and enhances local ecosystems.

In addition to tree planting, our team in India will actively participate in volunteering activities, focusing on environmental projects that contribute to sustainable development and promote climate action. These efforts form a core part of our global environmental stewardship strategy.

• Global Carbon Offsetting Strategy: The tree planting and environmental volunteering efforts in India complement our wider global carbon offsetting strategy. By engaging in these projects, we take concrete steps towards neutralizing our carbon emissions and meeting our net-zero goals.

6. Public CO2 Disclosure

We are committed to full transparency when it comes to our environmental impact.

• CO2 Reporting: We publicly disclose our greenhouse gas emissions data, including Scope 1, 2, and 3 emissions, in our annual sustainability report. This ensures accountability and demonstrates our commitment to reducing our carbon footprint.

Conclusion

Sustainability is an integral part of Utilidex’s operations and mission. From reducing our CO2 emissions to actively engaging in carbon offsetting initiatives in both the UK and India, we are dedicated to making a positive impact on the environment. Our commitment to transparency, responsible consumption, and community involvement reflects our vision of a more sustainable future, both locally and globally.

We will continue to seek new ways to further reduce our environmental footprint and contribute to a more sustainable world for future generations.

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