8 Inizio Sustainability Report 2023 Our approach to sustainability continued Transparency frameworks/ratings/applicable benchmarks We’re committed to being fully Description transparent in our reporting so Our performance that we can be held to account. The Carbon Disclosure Project (CDP) is a not-for-profit charity that runs 2023 Climate Change: B Set out in the table is how we the global disclosure system for investors, companies, cities, and regions 2022 Climate Change: C respond to the relevant transparency to manage their environmental impacts. frameworks, rating agencies, View our CDP report here and applicable benchmarks: The Global Reporting Initiative is an independent, international body that helps This report has been prepared businesses and other organizations take responsibility for their impacts by with reference to GRI standards. providing them with a global common language to communicate those impacts. View our GRI Index here The Task Force on Climate-related Financial Disclosures, established by the We report in line with the TCFD framework. Financial Stability Board, is a reporting framework based on a set of consistent disclosure recommendations. These allow companies to be transparent about View our TCFD report here their climate-related risk exposure. EcoVadis is a universal sustainability ratings agency designed to drive Many of our businesses have obtained silver EcoVadis impact at scale by guiding sustainability performance improvements scorecards. At parent company level, Inizio Group within companies and their value chain. scored 48/100. In 2024, we will be submitting our second Group wide assessment to EcoVadis. The Science Based Targets initiative is a partnership between CDP, the UN Inizio’s near-term (2031) science-based targets have Global Compact, World Resources Institute (WRI), and the World Wide Fund been approved by the SBTi and classified as in line for Nature (WWF). The SBTi drives ambitious climate action in the private sector with a 1.5°C trajectory. by enabling organizations to set science-based emission-reduction targets. View our SBTi submission here The United Nations Global Compact is a voluntary initiative that supports Since 2022, Inizio has been a signatory to the global companies to align their strategies and operations with the universal UN Global Compact. We report our progress in principles on human rights, labour, environment, and anti-corruption. implementing the ten universal principles, by completing the Communication of Progress annually. View our Communication of Progress here