Climate Change and the Environment Policy

1. Statement and commitments

At Inspired Ltd, we acknowledge that climate change presents risks and opportunities for our business, our clients and wider society. We are committed to improving the environmental performance of our own operations and supporting clients with practical solutions that help them reduce environmental impact, manage climate-related risks and benefit from the global transition to a low-carbon economy.

We support the aims of the Paris Agreement and are committed to transparent, consistent environmental reporting that demonstrates progress against our climate and environmental objectives.

Inspired explicitly commits to:

• Reduce Scope 1 and 2 (market-based) GHG emissions to net-zero by 2030
• Reduce Scope 3 GHG emissions to net-zero by 2050
• Aligning emissions reduction targets with the Science Based Targets initiative (SBTi).
• Maintaining public disclosures in full alignment with TCFD / IFRS S2, SECR, and CDP Climate Change standards.
• Operating in compliance with or exceeding all applicable national and international environmental legislation, including the UK Environment Act and Energy Savings Opportunity Scheme (ESOS).

2. Scope and applicability

This policy applies globally to 100% of Inspired operations, including all subsidiaries, joint ventures, and leased offices under operational control. All employees, directors, and contractors are required to adhere to this policy.

3. Governance

• Overall accountability for this policy rests with the Executive Directors and Risk Committee. The Risk Committee annually reviews the climate strategy, transition plan, and environmental performance metrics.
• Operational responsibility is held by the Chief Executive Officer (CEO) and Executive Committee, who are tasked with implementing environmental management systems across all operating units.

4. Risk management and climate strategy

Climate risk management is fully integrated into Inspired’s enterprise-wide Enterprise Risk Management (ERM) framework.

• We conduct annual quantitative and qualitative climate scenario analysis, evaluating business resilience under three warming pathways: a 1.5°C transition scenario (rapid decarbonisation and regulatory change), a 2-3°C scenario, and a 3°C+ physical risk scenario (extreme weather and asset vulnerability).
• Climate risks and opportunities are evaluated across defined operational time horizons that are updated annually:
  • Short-term: 2025 – 2029 (Regulatory compliance, energy price volatility).
  • Medium-term: 2030 – 2039 (Technology shifts, client transition requirements).
  • Long-term: 2040- 2050 (Physical climate impacts, structural economy-wide net-zero transition).

5. Environmental and emissions operational commitments

Scope 1 and 2 Decarbonisation

• Energy Management: Optimise energy efficiency across all occupied real estate, target 100% renewable electricity sourcing (via green tariffs and PPAs) by 2030, and measure Scope 2 emissions using both location-based and market-based accounting methods.
• Fleet & Travel: Transition the company vehicle fleet to Ultra-Low Emission / Electric Vehicles (EVs) where feasible by 2030 and actively promote sustainable commute options, public transit, and remote-collaboration alternatives.

Scope 3 Value Chain and Waste Management

• Supply Chain Engagement: Embed environmental criteria into vendor selection and procurement. We require primary suppliers representing 70% of spend to measure their operational carbon footprint and set SBTi-aligned reduction targets.
• Circular Economy and Waste: Implement a zero-waste-to-landfill target across operating offices, mandate compliant e-waste handling via licensed re-sellers/recyclers, and prioritise sustainable/recycled products during office refurbishments.
• Pollution Prevention: Maintain a policy of continuous improvement to eliminate local air, water, noise, and light pollution associated with corporate operations where applicable.

6. Public policy engagement and advocacy

Inspired actively promotes progressive climate policy. We ensure that all direct advocacy, thought leadership, client advisory activities, and policy engagements with trade associations strictly support the rapid transition to a low-carbon economy and mirror our internal policy targets.

7. Review, approval and verification

This policy is subject to annual review and re-authorisation by the Executive Directors and Risk Committee.  Environmental performance metrics, GHG disclosures, and policy compliance are subject to independent third-party audit and verification annually.