Carbon Reduction Plan

Commitment to achieving Net Zero

Mondas is committed to achieving Net Zero emissions by 2030.

Baseline Emissions Footprint

Baseline emissions are a record of the greenhouse gases that have been produced in the past and were produced prior to the introduction of any strategies to reduce emissions. Baseline emissions are the reference point against which emissions reduction can be measured.

• Baseline Year: 2021 – 2022
• Additional Details relating to the Baseline Emissions calculations. None

Baseline year emissions:

EMISSIONS	TOTAL (tCO2e)
Scope 1	1.02
Scope 2	3.16
Scope 3 (Included Sources)	10.8
Total Emissions	15

Emissions reduction targets

• Target for Current Year: 2022 – 2023
• Additional Details relating to the Baseline Emissions calculations. None

Current year emissions target:

EMISSIONS	TOTAL (tCO2e)
Scope 1	0.774
Scope 2	2.53
Scope 3 (Included Sources)	4.31
Total Emissions	7.61

In order to continue our progress to achieving Net Zero, we have adopted the following carbon reduction targets.

We project that carbon emissions will decrease over the next five years to 0 tCO2e by 2030, with our initial target to have reduced emissions by 7CO2e in the 1st financial year. We are also currently scoping initiatives to become Carbon neutral by offsetting our emissions by sponsoring verified carbon projects funding the plantation of trees.

Carbon Reduction Projects

Completed Carbon Reduction Initiatives

The following environmental management measures and projects have been completed or implemented since the 2021 – 22 baseline.

• Continuation of virtual meetings using Google Meet
• Energy reduction program – switch off policy, what runs, runs when needed only
• Employees given options for flexible working model to reduce accommodation requirements

The following environmental projects are currently being scoped since the 2021 – 22 baseline, we are scoping and sourcing a verified and trusted organisation to sponsor environmental projects to offset our carbon footprint to become carbon neutral by close of 2022.

Declaration and Sign Off

This Carbon Reduction Plan has been completed in accordance with PPN 06/21 and associated guidance and reporting standard for Carbon Reduction Plans.

Emissions have been reported and recorded in accordance with the published reporting standard for Carbon Reduction Plans and the GHG Reporting Protocol corporate standard[1] and uses the appropriate Government emission conversion factors for greenhouse gas company reporting[2].

Scope 1 and Scope 2 emissions have been reported in accordance with SECR requirements, and the required subset of Scope 3 emissions have been reported in accordance with the published reporting standard for Carbon Reduction Plans and the Corporate Value Chain (Scope 3) Standard[3].

This Carbon Reduction Plan has been reviewed and signed off by the board of directors (or equivalent management body).

Version History

Version	Date	Amended by	Amendment details
1.0	30th March 2022	Chris Wilkes-Green