Ceres Power Holdings Plc · LSE:CWR
Ceres Power — ESG Presentation (November 2022)
23 slides from Ceres Power's sustainability presentation, Nov 21, 2022
Slide 1: Sustainability at Ceres
Sustainability at Ceres 21 November 2022 CLEAN ENERGY STARTS WITH CERES
Slide 2: Welcome to our Sustainability webinar
Welcome to our Sustainability webinar Michelle Traynor People Director Phil Caldwell Chief Executive Officer Leads on Social aspects of our Sustainability strategy Chairs our ESG Committee Deborah Grimason General Counsel and Company Secretary Mark Garrett Chief Operating Officer Leads on Environmen
Slide 3: Introduction
Introduction Phil Caldwell Chief Executive
Slide 4: Ceres
ceres Leading solid oxide technology for power and green hydrogen Committed to enabling clean energy for net zero Aim to ensure our sustainability strategy keeps pace with our purpose As well as best practice across our industry and peer group 4 Ceres Power Holdings plc | Sustainability Report 2021
Slide 5: Global energy transition to affordable clean power
Global energy transition to affordable clean power Ceres technology enables high efficiency energy conversion at Engaging with global majors in oil & gas, industrial gas and clean energy HYDROGEN 5 Ceres Power Holdings plc | Sustainability Report 2021
Slide 6: Environmental
Environmental Mark Garrett Chief Operating Officer
Slide 7: Expanding our carbon reporting
Expanding our carbon reporting Reporting on our Scopes 1, 2 and 3 emissions (tCOze) SCOPE1 |SCOPE2 | SCOPE 3 Direct 398 From Oct. 2020, 100% of electricity sourced from zero-carbon sources ou SCOPE 3 EMISSIONS Working through a more detailed picture of Scope 3 emissions to better understand, not jus
Slide 8: Emissions reduction pathway
Emissions reduction pathway Short-term growth in emissions will lead to cumulative benefits over time As a growth company we continue to invest in R&D, test and pilot manufacturing and expect our short-term emissions will increase as we succeed in our mission to embed our technology with global part
Slide 9: Responsible consumption and production
Responsible consumption and production Cradle-to-gate Life Cycle Analysis conducted on current stack technology levels * Carbon efficiency of higher output stack * Utilising CO, modelling tool to Subst 1kW 5SkW assess impacts of new ubstage (kg COze) | (kg COze) technology decisions Raw materials 29
Slide 10: Impact of our technology
Impact of our technology through licensing model ~250MW by 2024 Equ. 400,000 tonnes of CO, per annum! * 95% steel by weight, highly recycled * Ceria based electrolyte, abundant with multiple sources * Cradle-to-grave analysis « Full evaluation of end-of-life recyclability 10 Ceres Power Holdings plc
Slide 11: Social
Social Michelle Traynor People Director
Slide 12: Our growing team
Our growing team Growing workforce More than 500 employees across two UK sites and many now remotely, both in the UK and internationally Investing in our talent pipeline * STEM schools competition 250 * Work experience * Paid internships * Apprenticeship scheme * Graduate rotation programme * Engine
Slide 13: Developing and retaining talent
Developing and retaining talent A development platform designed around purpose, values and strategy, with three bespoke development programmes (Leading Self; Leading Others; and a Senior Leadership programme) In our first Gallup 12 groupwide survey we achieved a score of 76% engagement, from 66% com
Slide 14: Diversity, equity, belonging and inclusion (DEBI)
Diversity, equity, belonging and inclusion (DEBI) Workforce: split by roles Diversity Continually seek improvement, 22% of new recruits in 2021 women against our near-term target of 25% Connect Drives inclusion and support for our employee communities. wr Chair sits on the ESG Committee Engineer 35%
Slide 15: Being a good corporate citizen
Being a good corporate citizen Conduct all our business in a socially responsibly manner, contribute to the communities in which we operate and respect the needs of employees and stakeholders Health and safety i ©) Recordable incidents 0.36 = (2020: 0.38) Zero major incidents or injuries Supply chai
Slide 16: Governance
Governance Deborah Grimason General Counsel and Company Secretary y
Slide 17: Board oversight of ESG
Board oversight of ESG 7 Plc Board Senior , Chief Chief = Non-Executive ‘ . Chair Independent Direct Financial Director Uhosicitd Officer Officer Audit Committee Aiden Hughes - Chair Tudor Brown Steve Callaghan Nominations and Governance Committee Remuneration Committee Tudor Brown - Chair Steve Cal
Slide 18: Managing sustainability risk
Managing sustainability risk Climate-related risks included in corporate risk reporting process * Group’s quarterly review process * Reviewed by the Audit Committee twice a year ¢ Board ultimately responsible for risk review and setting risk appetite along with mitigation * Inline with the highest r
Slide 19: Materiality matrix
Materiality matrix * Materiality assessment undertaken with senior management, ESG Committee and independent third party * Matrix included here - with top 13 business issues * Sustainability issues incorporated into wider risk analysis, decision-making, actions relating to R&D product and innovation
Slide 20: Stakeholder engagement
Stakeholder engagement Active communications with our stakeholders, and understanding their views, needs, expectations and feedback, is vital to us — as is gaining our stakeholders’ understanding of the Company’s circumstances, plans and constraints. Supplier and partners Shareholders To ensure our
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Slide 22: Alignment with Net Zero
Alignment with Net Zero Developing our strategy and reporting Progress Targets for 2023 ¥ Gallup employee survey * SBTi accredited 2021 scope Y Diversity and Inclusion 1, 2 and scope 3 emissions policy * TCFD reporting v Gender Pay Gap reporting * Achieve Carbon Disclosure Y Supply chain risk Projec
Slide 23: Questions
Questions Investor Relations investors@cerespower.com Ceres Power Holdings pic Viking House, Foundry Lane, Horsham RH13 5PX T: +44 (0)1403 273463 | E: info@cerespower.com
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