Reporting Progress

Solving Technology Challenges for a Sustainable World

2021 ANNUAL REPORT

Ambitious Targets

Environment and Communities

Understanding and managing the impact of our business operations on the environment and our local communities is an important part of the way we do business. We continue to make excellent headway with our ambitious commitment to achieving Net Zero Scope 1 & 2 emissions by 2035 and are achieving good momentum in our other environmental focus areas.

Our Key Themes

Power Efficiency

Power Efficiency

Lighting

Waste Electricity

Gas Boilers / Heaters

Sub Metering

Operational Efficiency

Operational Efficiency

Shift Patterns

New Machines

Building Space

Packaging

Compressors

Other Initiatives

Other Initiatives

EV Charging

Recycling

Employee incentives

Environmental Performance

2021 Reduction in Scope 1 & 2 Emissions


2021 ANNUAL REPORT
Scope 3 Emissions

Scope 3 Emissions

During 2021 we undertook an assessment of 15 Scope 3 (indirect emissions) categories to identify those that were relevant and most significant for TT. We are now putting in place systems and processes to collect data on the four most significant categories to establish baselines on which to base future reduction targets, including a plan to reach Net Zero. These categories are:


– Purchased goods and services (category 1)
– Upstream transportation and distribution (category 4)
– Downstream transportation and distribution (category 9)
– Waste generated in operations (category 5)

Waste to Landfill

Waste to Landfill

We are also reducing our waste to landfill by reducing overall waste and increasing the amount we recycle. The majority of sites are now segregating their waste streams to increase the amount of waste that can be recycled, including cardboard, paper, metal, hazardous waste, wood and plastic. More than 59% of waste from the 16 sites that are tracking data was recycled in 2021. Our intention is to reduce like-for-like weight annually. We are delighted that three of our manufacturing sites are already sending zero waste to landfill.

Single-use Plastics

Single-use Plastics

We are reducing our reliance on single- use plastics and replacing them with more sustainable products. The majority of single-use plastics in our business are used in packaging products for shipment to customers and, working with customers, sites are switching to recyclable bubble wrap, pallet wrap and other packaging materials. We do not purchase single-use plastic bottles at any of our sites.


In 2020 we began sharing best practice around the Group and key sites began reporting the quantity of single-use plastics purchased, with the intention of reducing like-for-like weight annually. On a like-for-like site comparison we saw a 16% fall in the weight of single- use plastics purchased in 2021 vs 2020. We are now focused on ensuring that all sites are reporting this data going forward.

Water

Water

While water use is not a key driver of our environmental footprint, we recognise that water is a precious global resource and should be managed as such. We therefore monitor our water use and seek to minimise it wherever possible, as well as directing wastewater to useful activities such as irrigation.


Energy Use

Scope 1 & 2 Emissions Reporting

We have adopted the UK Government GHG emission conversion factors by relevant year for our centralised emission factor calculation for GHG equivalent carbon dioxide. Other greenhouse gases emitted as a result of manufacturing processes are not included within these figures as they are a negligible proportion of overall emissions, but we intend to measure these as we move forward. We are using an operational control boundary for direct GHG emissions. We have adopted a cross- sector calculation method in line with the GHG Protocol Corporate Standard. For Scope 1 emissions, we include our total owned and leased vehicle direct emission impact. Our carbon emission factors for grid electricity are calculated according to the “market-based method”.

We have improved the precision of our 2019-21 Scope 1 & 2 carbon emissions data by using regional emissions factors rather than an emissions factor for the UK. This has led to a change in the data disclosed in 2019 and 2020.



2021 ANNUAL REPORT

2021 Energy Use and Scope 1 & 2 Emissions by Source and by Geography

 


2021 ANNUAL REPORT

External Recognition

We are pleased to continue to receive external recognition for ESG Matters

MSCI - Environmental, Social & Governance Rating

We received a rating of AA in the 2022 MSCI ESG Ratings assessment, placing TT in the leading companies in its sector group.

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Carbon Disclosure Project

We also participate in CDP’s annual climate change survey. We received a C (Awareness level) rating in 2021 for our 2020 data submission.

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Additional Accreditation

ISO 14001 is the internationally agreed standard setting out the requirements for an environmental management system. It helps TT improve its environmental performance through more efficient use of resources and reduction of waste.

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We have set ambitious targets for reducing our environmental footprint, including targeting Net Zero Scope 1 & 2 emissions by 2035 and targeting reductions in single-use plastics, waste to landfill and in our Scope 3 emissions.
Warren Tucker Chairman - TT Electronics

Building Space

Suzhou, China – a new ceiling in the site’s Integration II workshop will reduce energy use by around 10% due to a reduction in lighting, heating, ventilation and air conditioning requirements.

Waste Electricity

Juárez, Mexico – compressed air leaks are the largest source of waste in multi-compressor systems and can account for up to 30% of an installed air compressor’s energy consumption. The site is now using a special ultrasonic camera to detect these air leaks which will reduce the site’s energy bills.

EV Charging

Sheffield, UK – a new vehicle charging point has been installed for use by employees changing to electric vehicles.