IKE Climate Statements

FOR IMMEDIATE RELEASE, 31 July 2024
IKE (NZX:IKE, ASX:IKE) is pleased to advise that its 2024 Climate Statements Report
has been released
ikeGPS Group is a climate-reporting entity (CRE) under the Financial Markets Conduct Act 2013.
This is IKE’s first climate statement and is for the period 1 April 2023 to 31 March 2024. The
statement complies with the Aotearoa New Zealand Climate Standards issued by the External
Reporting Board (XRB).
A copy is attached and is also available on the IKE Investor website at at
https://ikegps.com/investors/.
END
S
About IKE
We’re IKE, the PoleOS™ Company. IKE seeks to be the standard for collecting, analysing and
managing pole and overhead asset information for electric utilities, communications companies,
and their engineering service providers.
The IKE platform allows electric utilities, communications companies, and their engineering
service providers to increase speed, quality, and safety for the construction and maintenance of
distribution assets.
The core revenue engine for IKE is driven by the number of enterprise customers subscribing to
the IKE platform and the volume of assets (called Transactions) being processed through IKE’s
software.
C
ontact:
Glenn Milnes
CEO
+1 720-418-1936
glenn.milnes@ikegps.com
ikeGPS Group Limited
329 Interlocken Parkway, Suite 120, Broomfield CO 80021, USA
Office: +1 303 222 3218
www.ikegps.com

---

ikeGPS ESG Report
for the Year Ended 31 March 2024

Environmental, Social, and Governance Report i k e GP S 2
Contents

1. Our Journey

2. Environmental
a. Overview
b. Scenario Analysis
c. Climate Related Risks and Opportunities
d. Climate Strategy

3. Social
a. Our People
b. Equality and Diversity
c. Diverse and Ethical Supply Chain

4. Governance
a. Overview
b. Board Composition

5. Appendices
a. Climate Related Disclosures
b. Greenhouse Gas (GHG) Inventory

Environmental, Social, and Governance Report i k e GP S 3
This ESG Report should be read in conjunction with our FY 24 Annual Report and provides a view
of our ESG performance and activities for the year ended 31 March 2024 (FY24).

In our Climate-related Disclosures (Appendix 1), we have elected to apply several
adoption provisions to ensure compliance with the Aotearoa New Zealand Climate
Standards. These are described in that appendix. Taking the applied adoption
provisions into account, ikeGPS is compliant with the Aotearoa New Zealand Climate
Standards.

This report was approved by the Board on 31 July 2024 and is accurate as of that date.
The Board does not undertake any obligation to revise this report to reflect events or
circumstances after this date, other than in accordance with the continuous disclosure
requirements of the applicable listing rules.

IKE’s FY24 Annual Report also contains related additional information including its
Corporate Governance Statement, Remuneration Information and Risk Statement. A
copy of our Annual Report is available at www.ikegps.com/investors.

Environmental, Social, and Governance Report i k e GP S 4
Our Journey
Our ambition as a good corporate citizen is to tread lightly upon the land. As we embark upon
our environmental reporting journey, we have engaged with Toitū Envirocare as our advisory
partners and are working towards gaining certification and utilising their expertise on our further
carbon journey.

As a technology company we are proud to have developed industry leading data acquisition and
structural analysis tools that help major industry players efficiently acquire and dependably
analyse the data needed to properly assess and maintain grid infrastructure.

We believe there is opportunity for our current and future customers to utilise these tools to
significantly impact their own carbon footprint through more effective and efficient truck rolls,
and by providing the ability to improve the resilience of the grid infrastructure and enable
further downstream decarbonisation.

In addition to reducing our customer’s footprint we are committed to understanding and
reducing our own carbon footprint by critically analysing our own actions and processes.

Progress in FY24

Environmental, Social, and Governance Report i k e GP S 5
Environmental
ikeGPS is a climate-reporting entity under the Financial Markets Conduct Act 2013. Our
inaugural mandatory climate-related disclosures are provided in Appendix 1 of this report and
covers our progress between 1 April 2023 and 31 March 2024. They have been completed in
accordance with the Aotearoa New Zealand Climate Standards issued by the External
Reporting Board. We have applied several adoption provisions available under NZ CS 2. These
are detailed in Appendix 1.

In accordance with the Climate Standards, we have reported on:


Governance

ikeGPS has initiated a Climate Risk Committee who will help establish how we can best
impact climate change within our Company and oversee the actions to be taken across the
company to impact climate change. This committee is comprised of cross functional members
selected based on their specific skillsets. Further, the committee has a member of senior
leadership as owner/facilitator/sponsor in each of our geographic locations.

The Climate Risk Committee provides periodic updates as to progress along our climate
journey to the ikeGPS Board.

Mark Ratcliffe is the Board sponsor for environmental reporting and action (on both the Audit
and Risk Committee and the Board of Directors).
Board Oversight
The Board has the responsibility for overseeing strategy, which includes environmental, social
and governance (ESG) elements. It is responsible for setting and overseeing group metrics and
targets and for managing our climate-related matters.

Climate-related risks and opportunities are not presently considered on a stand-alone basis.
They sit within the broader risk management framework. The Board is responsible for approving
the risk management framework, which is used to identify, assess and manage the Group’s
risks (including climate-related risks).

The Board ensures IKE has an effective ESG Programme. As part of this, it oversees climate-
related risk management, monitors progress against climate-related targets and metrics;
and oversees compliance with climate-disclosure reporting requirements.

Environmental, Social, and Governance Report i k e GP S 6
Risk and ESG matters (which may include climate-related risks and opportunities) are a
periodic update item, with reporting from the Climate Risk Committee. From FY25, there will be
dedicated reporting to the Board on climate-related risk, opportunities, metrics and targets.

The Board continually evaluates whether it has the appropriate competencies and skills to
oversee and govern the Company.

Climate-related performance metrics are not currently incorporated into remuneration
policies. However, the Nomination and Remuneration Committee sets and regularly reviews
remuneration policies and practices to ensure they are consistent with the Company’s
strategic goals and are incorporated into short-term and long-term incentives.
Management Accountability
Accountability for the day-to-day management of ESG matters, ultimately sits with the CEO
and the Leadership team.
The risk management framework ensures climate-related risk and opportunity identification,
assessment and monitoring is consistent with other types of risk and opportunity management.
In this regard, the Leadership team is informed about, makes decisions on, and monitors
climate-related risks and considers opportunities through:
• consideration of the risk management framework in strategy development, capital
deployment and funding decisions;
• regular reviews of top risks which may include climate-related risks; and
• development of controls, processes and practices to manage and monitor risks
within the approved risk appetite.
The Climate Risk Committee (CRC) further supports the day-to-day management of climate-
related risks and opportunities. It comprises executive and leadership-level sponsors with the
Chief Financial Officer (CFO) as lead sponsor. The CRC is responsible for developing and
ensuring the execution of the ESG Programme. It reports to the Board on ESG-related matters
which may include climate-related matters.

Environmental, Social, and Governance Report i k e GP S 7


Strategy and Risk Management
Scenario analysis undertaken
During the FY2024 period we have undertaken, viewed, and reviewed climate-related risk
scenario analysis to better understand the profile of the Company’s climate-related risks and
opportunities.

ikeGPS has used the climate change scenarios of the Intergovernmental Panel on Climate
Change (IPCC) Sixth Assessment Report as the basis of our assessment. Below is a summary of
the scenarios
1
from the report.


ikeGPS has chosen the following 3 scenarios as the lenses through which to assess our risks
and opportunities. These are:






1
reuters.com/business/ environment/ un-c lim a t e-reports-five-futures-decoded-2021-08-09/
Estimated warmingEstimated warmingVery likely range in °C
(2041–2060)(2081–2100)(2081–2100)
SSP1-1.9
very low GHG emissions:
CO2 emissions cut to net zero around 2050
1.6 °C1.4 °C1.0 – 1.8
SSP1-2.6
low GHG emissions:
CO2 emissions cut to net zero around 2075
1.7 °C1.8 °C1.3 – 2.4
SSP2-4.5
intermediate GHG emissions:
CO2 emissions around current levels until 2050, then
falling but not reaching net zero by 2100
2.0 °C
2.7 °C2.1 – 3.5
SSP3-7.0
high GHG emissions:
CO2 emissions double by 2100
2.1 °C3.6 °C2.8 – 4.6
SSP5-8.5
very high GHG emissions:
CO2 emissions triple by 2075
2.4 °C4.4 °C3.3 – 5.7
SSPScenario
Estimated Average
Warming
ikeGPS
(by 2100)Scenario
SSP1-1.9
very low GHG emissions:
CO2 emissions cut to net zero around 2050
1.5 °COptimistic
SSP2-4.5
intermediate GHG emissions:
CO2 emissions around current levels until 2050, then
falling but not reaching net zero by 2100
2.7 °C
Middle of the Road
(MOR)
SSP3-7.0
high GHG emissions:
CO2 emissions double by 2100
3.6 °C
Regional Rivalry
SSPScenario

Environmental, Social, and Governance Report i k e GP S 8
Climate-related risks & opportunities
At ikeGPS, we recognise that the global understanding of climate change and its impact is
constantly updating and shifting as regulation, attitudes, and scientific data continue to evolve.

Climate-related risks and opportunities are identified and addressed as part of wider
organisational risk management strategies.

Our identified climate related risks and opportunities have been assessed based on assumed
impact regarding both timeline and severity.

Severity
In looking at the severity of impact we have looked at estimated business impact in-line with
the existing risk management framework.

Climate-related risk is harder to quantify because undertaking this type of analysis is
challenging, involves grappling with a high degree of uncertainty, and, in many instances, longer
time horizons than those considered in other contexts.

This leads to a higher level of judgement in attributing a potential impact to a specific risk.

Shared Socio-Economic Pathways (SSP) Scenario Summary
SSP1-1.9: The IPCC’s most optimistic scenario, this describes a world where global CO2 emissions are cut
to net zero around 2050. Societies switch to more sustainable practices, with focus shifting from
economic growth to overall well-being. Investments in education and health go up. Inequality falls.
Extreme weather is more common, but the world has dodged the worst impacts of climate change
This first scenario is the only one that meets the Paris Agreement’s goal of keeping global warming to
around 1.5 degrees Celsius above preindustrial temperatures, with warming hitting 1.5C but then dipping
back down and stabilizing around 1.4C by the end of the century.
SSP1-2.6: In the second best scenario of 2.6, global CO2 emissions are cut severely, but not as fast,
reaching net-zero after 2050. It imagines the same socioeconomic shifts towards sustainability as SSP1-
1.9. But temperatures stabilize around 1.8C higher by the end of the century.
SSP2-4.5: This is a “middle of the road” scenario. CO2 emissions hover around current levels before
starting to fall mid-century, but do not reach net-zero by 2100. Socioeconomic factors follow their historic
trends, with no notable shifts. Progress toward sustainability is slow, with development and income
growing unevenly. In this scenario, temperatures rise 2.7C by the end of the century.
SSP3-7.0: On this path, emissions and temperatures rise steadily and CO2 emissions roughly double from
current levels by 2100. Countries become more competitive with one another, shifting toward national
security and ensuring their own food supplies. By the end of the century, average temperatures have risen
by 3.6C
SSP5-8.5: This is a future to avoid at all costs. Current CO2 emissions levels roughly double by 2050. The
global economy grows quickly, but this growth is fueled by exploiting fossil fuels and energy-intensive
lifestyles. By 2100, the average global temperature is a scorching 4.4C higher

Environmental, Social, and Governance Report i k e GP S 9

Timelines
In looking at the timeline used in our assessments we have aligned the short-term to a period
that aligns with our budget cycle, the medium-term to a period that reflects our long-term
forecast, and a long-term which aligns to our product lifecycle.





Judgemental impact description
Major
The ability of ikeGPS to undertake core functions is
affected. Limiting the ability to operate and provide
service to customers
Moderate
Effects are limited and the ability to mitigate is moderate
to high
MinorUnlikely to be any material impact
Short
1 Year
Medium
2-5 Years
Long6-10 Years
Timelines

Environmental, Social, and Governance Report i k e GP S 10
Risks and Opportunities
Risks






Scenario
Strategy to Address/Mitigate
TimelineShortMedium
Long
Short
MediumLongShortMediumLong
Customers begin to demand
more sustainable options and
lower carbon output from their
suppliers. Impacting the
business in the following ways
- loss of Customers;
- loss of revenue; and
- reputational damage
- Working with customers to monitor demand trends
and highlight preferences early
- Product Roadmap to include sustainability targets
as a focus during research and development phase
- Capital available to support business changes as
required
Investors begin to demand that
their investment portfolios
contain more sustainable
options. Impacting the business
in the following ways
- loss of Investors; and
- increased cost/scarcity of
capital
- Continue to drive progress along our carbon journey
- Set targets and goals and communicate these
through our investor channels
As future investment is required
by cloud providers to fund
greener infrastructure prices
are raised to fund this
investment. Impacting the
business in the following ways:
- Reduction in margins; or
- price increases to offset
potentially reducting customer
volumes.
- Ongoing monitoring of cost pressures; and
- continual review infrastructure for efficiency and
optimisation.
As extreme weather events
begin to impact customer
infrastructure above ground
infrastructure becomes less
economic. Impacting IKE in the
following ways:
- Reduction in revenue; and
- loss of customers
- work with customers to make use of our products
that drive development of a more resilient networks.
Extreme weather events cause
disruption to both the supply
chains and business
operations. Impacting IKE in the
following ways:
- disruption to key
infrastructure;
- increased costs and lead
times as suppliers build
resilience; and
- operational disruption if
access to offices and key
systems are impacted
- business continuity processes are implemented
and tested
- disaster recovery planning and processes are
implemented
- build in supplier diversity to provide alternate supply
in case of disruption
- increased ways of working - remote working
PR-002 - Supply Chain and Business Operations disrupted by adverse weather events
PR-001 - Longer term reduction in demand caused by extreme weather events
TR-003 - Cost increases for hosting infrastructure
TR-002 - Investor demand for sustainability
OptimisticMiddle of the Road (MOR)Regional Rivalry
TR-001 - Customer demand for sustainability

Environmental, Social, and Governance Report i k e GP S 11
Opportunities





Opportunity
Strategy to address
PO-001 - increase in demand to support customer investment in network resilience
As extreme weather events
begin to impact customer
infrastructure support customer
network resilience efforts and .
Impacting IKE in the following
ways:
- increased demand to support
network hardening activites;
and
- increase in customers
- work with customers to make
use of our products that drive
development of a more resilient
networks.
PO-002 - Stakeholder engagement
As we move along our Climate
journey we engage further with
stakeholders. Providing:
- increased brand and
reputational awareness
- increase in employee
satisfaction and engagement;
driving
- increased customer
engagement and satisfaction;
and
- increased revenue
- continual improvement in ESG
reporting
- stakeholder engagement
- share our journey with
employees, seeking input and
engagement
PO-003 Investor demand for sustainability
Investors begin to demand that
their investment portfolios
contain more sustainable
options. Impacting the business
in the following ways
- more Investors; and
- higher demand for/more
liquidity of capital
- continual improvement in ESG
reporting
- stakeholder engagement
- share our journey
Medium
Medium
Time Line
Medium
CategoryDescription
TRTransitional Risk
TOTransitional Opportunity
PRPhysical Risk
POPhysical Opportunity
Impact
Major
Moderate
Minor
Key:

Environmental, Social, and Governance Report i k e GP S 12
Strategy/Transition planning
ikeGPS recognises the impacts of climate change across the globe. While our business is
fortunate to have been minimally impacted to date, we expect this to change over time, with the
level of impact depending on the global warming trajectory.

Our climate related risks and opportunities are detailed in the previous pages.
In the past 12 months the preparation for climate-related reporting has led to the upskilling of
team members with climate considerations becoming more considered in the business
alongside investment in external support and advice to ensure compliance.

ikeGPS has not prepared a transition plan to the extent that would fully meet the requirements
of NZ CS 1 and therefore has applied Adoption Provision 3 (para. 15), which provides for an
exemption in the first reporting period.

As ikeGPS develops our transition plan we have continued to invest in products that will enable
our customers to achieve further resilience and efficiency gains which will assist them in
reducing their emissions. This investment is in line with our core strategy and value proposition.

We are in the process of setting a target tCO
2
e per $1mNZD of revenue so that we are able to
balance our growth cycle with our emissions.

We have partnered with Toitū Envirocare to implement a technology solution that facilitates
carbon reporting and provides guidance in carbon reduction programmes including offsets. We
continue to review our operations and behaviours to ensure we are able to take meaningful
action in future periods to reduce or offset our emissions with a view to making a difference.
Metrics and Targets
GHG Emissions Overview
ikeGPS’s emissions reflect that as a geographically diverse technology company serving a
diverse market (in the United States) we must undertake a significant amount of business
travel. A major part of this crucial activity is ensuring we remain connected to our customer
base. Our internal travel serves as a critical part of ensuring our team remains aligned on our
strategies with a mix of virtual and in-person sessions.

Environmental, Social, and Governance Report i k e GP S 13


Scope 2 emissions are in relation to the electricity in our offices in both the US and New
Zealand. In New Zealand these are procured directly, however in the US these are procured by
the building owner and pro-rated to tenants on a tenancy footprint basis.



Our full GHG emissions inventory is contained within Appendix 2 of this report

Environmental, Social, and Governance Report i k e GP S 14
Social
Our People
We want to ensure all team members are empowered and supported at every stage of their
journey and have a comprehensive Code of Ethics to support this goal.

Our Code of Ethics covers everything from Behaviours and Conflicts of Interest, through to
Reporting Concerns.
Equality
At IKE we believe that building diversity and inclusion as well as proactively recognising equality
across our business will deliver enhanced customer experiences and business performance.
Rich backgrounds, experience, and perspectives are critical to building a leading-edge
technology business and delivering solutions to customers. IKE is committed to pay parity as
well as attracting, recruiting, developing, promoting, and retaining a diverse group of talented
individuals, who will help drive IKE’s business performance.

This is embodied in the IKE value “BE YOURSELF” and echoed in our Diversity Policy

IKE tracks our workforce diversity statistics with a view to ensuring we have a range of
backgrounds “around the table” to better reflect the customer base that we serve.

Environmental, Social, and Governance Report i k e GP S 15
Above is a graphical snapshot as at 31 March 2024 of the gender split of IKE employees globally
and by region. The full data set is below:



Diverse and Ethical Supply Chain
At IKE we believe equality and human rights do not stop at our doorstep. We are committed to
acting with integrity and building an ethical and diverse supply chain.

When we are engaging our suppliers for outsourced services, where practical, we look to
engage directly on-site to ensure that the working conditions are consistent with our values.

We rely on our supply chain to enable us to continue to effectively serve our customers,
enabling their productivity and efficiency gains and providing access to additional technology.

As part of our supplier pre-onboarding, we work with our suppliers to identify any human rights
risks, or to identify any ongoing trade sanctions.

As our ESG programme evolves we will be engaging with our suppliers to identify, manage, and
mitigate any environmental risks/ impacts that they face as part of our ongoing business.



NZUS
Global
Female3 20 23
Male19 47 66
Gender Diverse- - -
Unknown- - -
Prefer Not to Say- - -
Total22 67 89
NZUSGlobal
Full Time20 65 85
Part Time2 2 4
Total22 67 89
FemaleMaleGender Diverse
Full Time21 64 -
Part Time2 2 -
Total23 66 -

Environmental, Social, and Governance Report i k e GP S 16
Governance

ikeGPS ESG reporting for FY2024 should be viewed in conjunction with the Governance
Disclosures in our FY2024 Annual Report which can be located at
https://ikegps.com/investors/.

IKE has strong governance structures in place to ensure we comply with all relevant laws and
regulations, safeguard the safety of our employees, protect our reputation, and support our
stakeholders by being a good corporate citizen wherever we operate.

Environmental, Social, and Governance Report i k e GP S 17
Our purpose is Manaakitanga; we rise by lifting others.

We exist to change and enhance the lives of those we serve. We work daily to deliver cost
savings, dramatic productivity benefits, safety, continued access to the best technologies, and
innovation specific to pole projects and grid infrastructure.

We live our values:
• Simplicity
• Clarity
• Ingenuity
• Openness with No Bullsh*t
• Be Yourself – Be the change you seek

Board
The Board if IKE comprises directors with a diverse range of skills, experience, and knowledge.

Our board and committee composition can be found as part of our Annual Report on our
website here: https://ikegps.com/investors/. In addition, this location contains our Corporate
Governance Charter as well as our Board Committee Charters.


Gender Diversity on the Board:

Environmental, Social, and Governance Report i k e GP S 18
Appendix 1
ikeGPS is a climate-reporting entity under the Financial Markets Conduct Act 2013.
O
ur inaugural mandatory climate-related disclosures cover our progress between 1 April 2023
and 31 March 2024 and comply with the Aotearoa New Zealand Climate Standards issued by
the External Reporting Board (Climate Standards).
U
nless otherwise stated all figures relate to the full year ended 31 March 2024
I
n preparing its climate-related disclosures, IKE has elected to rely on the following adoption
provisions to ensure compliance with the Climate Standards:
•Adoption Provisions 1 and 2: Current and anticipated financial impacts. While
quantitative data has not been provided (as there are a large range of possible
outcomes for physical and transitional risks that make financial modelling complex and
challenging), a qualitative description of the current and anticipated financial impact
s
h
as been provided.
•Adoption Provision 3: Transition planning. A description of our progress toward
s
d
eveloping our transition plan can be found on page 11
.
•A
doption Provision 4: Scope 3 GHG emissions We have included reporting on the
mandatory emissions subset of Scope 3 but have not incorporated upstream or
downstream emissions information.
•Adoption provision 6: Comparatives. We have set our baseline year and first reporting
period as FY24 so have applied this exemption for our first reporting period
.
•A
doption Provision 7: Analysis of trends. We have set our baseline year and first
reporting period as FY24 so have applied this exemption for our first reporting period.
In preparing our disclosures and assessing the materiality of climate-related matters, we have
taken into account to whether such matters would reasonably be expected to influence
decisions that our primary users make. We consider our primary users to be existing and
potential investors, our customers and end users of our products and services.
S
igned on behalf of the ikeGPS Group Board of Directors
G
lenn Milnes (Managing Director) Mark Ratcliffe (Independent Director)
31 July 2024 31 July 2024

Environmental, Social, and Governance Report i k e GP S 19
Appendix 2
This report is the annual greenhouse gas emissions (GHG) inventory report for ikeGPS. The
inventory is a quantification of the amount of emissions that can be directly attributed to our
operations within the scope and boundary for the reporting period 1 April 2023 to 31 March
2024
We aim to be a good global corporate citizen who balances our environmental and financial
goals throughout our activities and our capital and operational decision making.
The intended users of this report include, but are not limited to:
•Our Leadership
•All Stakeholders
ikeGPS is a technology company providing engineering and efficiency solutions to those
involved in the infrastructure industry. ikeGPS Group is headquartered in New Zealand, with
offices and employees across both New Zealand and the United States.
ikeGPS Group Limited is listed on the New Zealand Stock Exchange Main Board (NZX:IKE) and
Australian Securities Exchange (ASX:IKE).
Key personnel
Key personnel in preparing the report at IKE include the CFO, Brian Musfeldt supported by the
Finance team to lead the data collection and analysis. The report is prepared annually by the
Group Financial Controller and reviewed by the CFO and CEO.
Signatory of the final report is Mark Ratcliffe, Board representative for Sustainability.

Environmental, Social, and Governance Report i k e GP S 20
Organisational Boundary
T
he operational control approach was used in accounting for emissions. Given the current
structure of IKE the financial control approach would have resulted in the same boundary and
same overall result.
ikeGPS Group is headquartered in New Zealand with offices in New Zealand and the United
States. ikeGPS Group has two subsidiaries, wholly owned and controlled by ikeGPS Group.
Base Year
ikeGPS has used the financial year ending 31 March 2024 as its baseline year for assessing
appropriate metrics and targets.
ik
eGPS will consider recalculating the base year if any of the following applies:
•i
f emissions factors changed substantially and were relevant to prior years (for example,
if the science behind a factor changed);
•acquisitions including if ikeGPS bought or sold a business; or
•any new law or regulation that comes into effect that results in ikeGPS having to
measure any new aspects of its value chain.
F
or risks and opportunities please see pages 9 and 10 of this report
Assurance of GHG Emissions Inventory
As this is the initial reporting of GHG inventory and the period does not include the 27 October
2024 this inventory report has not been the subject of an assurance engagement.

Environmental, Social, and Governance Report i k e GP S 21
ikeGPS is working with external experts to undertake assurance of our year 1 inventory report
prior to the assurance and issuance of our year 2 report so that our comparative emissions are
directly comparable.
Greenhouse gas emissions source inclusions
GHG Inventory
The below table summarises the GHG data for our emissions for our baseline year of FY24
W
hile we expect to see growth in our absolute emissions as our company continues our growth
trajectory, our target is to see reduction of 5-10% in tCO
2
e per $m of total income across our
baseline Scope 1, 2, and 3 emissions by FY26. Ultimately, we aim to become even more
efficient as we grow.
Data collection & quantification
GHG Emissions SourceInclusions
Direct GHG Emissions (Scope 1)Waste
Indirect GHG Emissions (Scope 2)Purchased Energy
Business Travel
Employee Commute
Employee Working from Home
Freight
Indirect GHG Emissions (Scope 3)
ScopeEmissions SourceFY24
Scope 1Waste28.3
Scope 2Purchased Energy64.1
Business Travel112.8
Employee Commuting16.3
Employee Working from home40.4
Freight0.1
Total169.7
Total GHG Emissions262.0
Total GHG intensity (tCO
2
e per $m of total income)
12.4
Amounts have been rounded
Scope 3

Environmental, Social, and Governance Report i k e GP S 22
W
e aim to collate relevant information from the most credible and complete sources of data to
accurately calculate our carbon footprint. As such, the below data quality hierarchy
(highlighted below) was observed in order of descending preference when selecting
data for collation.
A
s we continue our climate reporting journey, we are committed to improving our processes
over time. ikeGPS is on a journey of understanding our impact on the environment and how we
can better support our customers to understand their impact of on the environment. Our GHG
inventory records are stored in secured environments electronically.

Environmental, Social, and Governance Report i k e GP S 23
Reducing our footprint
As well as enabling our customers and their customers to reduce their carbon footprint, IKE is
actively looking at ways to reduce our own impact.
Wi
th most of our operational emissions generated from direct customer related activities and
employee business travel (mainly air), we have focused first on these areas as opportunities to
reduce our impact. We plan to reduce our emissions-income intensity (tCO2e per $m income)
across Scope 1, 2, and addressable Scope 3 through business policy and employee behaviour.
Si
gned on behalf of the ikeGPS Group Board of Directors
Gl
enn Milnes (Managing Director) Mark Ratcliffe (Independent Director)
31 July 2024 31 July 2024