ESG Impact Report UK&I 2023

OCS UK and Ireland is delighted to introduce our 2023 Environment, Social and Governance (ESG) report.

Net Zero:

Our 16 year journey

Our pledge is made in line with science-

based targets to reduce emissions as per

the Paris Agreement, a landmark global

deal on how to tackle climate change.

Science-based targets give guidance for

new regulations, drive innovation and

act as a crucial goalpost for all

companies worldwide.

We have taken a momentous step over

the last year by committing to look at the

full Scope 3 emissions for OCS UK and

Ireland. Scope 3 includes all other indirect

emissions that occur in the upstream and

downstream activities of an organisation.

Measuring Scope 3 emissions is a

complex task; one the vast majority of

companies worldwide have not yet been

able to tackle. We believe this is vital to

enable us to be net zero by 2040 and

we have invested significant resources

to ensure scope 3 measurement was

achieved for 2023.

We have set 2023 as our baseline year

for net zero (see below). As we have

expanded from limited Scope 3 to full

Scope 3, our recorded emissions will

inevitably rise. This is to be expected in

the short-term as we build full visibility

of where we can, and will, reduce our

environmental impact.

Carbon footprint

OCS UK and Ireland have set ambitious

science-based targets and intend to

submit to the Science Based Targets

initiative (SBTi) for validation in 2024.

ESG Impact Report (UK&I) / 2023 / Page 9

Our targets cover:

• Scope 1: Direct emissions from the

buildings and assets we own or lease

• Scope 2: Indirect emissions from

purchased electricity, steam, heating

and cooling systems

• Scope 3: Indirect emissions throughout

our value chain, such as from our

suppliers and customers. We know

this is a complex journey and we

need to influence many different

partners. However, we believe that our

commitment should include all those

we work with to achieve net

zero authentically

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41