Sustainability Strategy

OUR SUSTAINABILITY STRATEGY | 2022

Engineering Difference

Keltbray is a specialist engineering and construction solutions company Our purpose is to redefine the way sustainable development is delivered. We self-deliver innovative customer solutions across targeted built environment and infrastructure sectors to support economic growth, social advancement and environmental protection.

2

Keltbray Holdings Limited | Sustainability strategy | 2021

Contents

THE STRATEGY

2

Introduction How does it all fit together?

People purpose and strategy Strategy breakdown Key milestones

4 5 6 7 8

OUR PLAN FOR 2022

10

The plan Resourcing talent and development model Risks to delivery

12 14 15

Keltbray Holdings Limited | Sustainability strategy | 2021

1

The strategy 2

Keltbray Holdings Limited | Sustainability strategy | 2021

Keltbray Holdings Limited | Sustainability strategy | 2021

3

What is sustainability?

Sustainability is a broad term, with the most widely recognised definition established in 1987 by the World Commission on Environment and Development (WCED) in the Bruntland Report. Defining sustainability as:

Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

4

Keltbray Holdings Limited | Sustainability strategy | 2021

THE PILLARS OF SUSTAINABILITY

INDUSTRY SUSTAINABILITY STATISTICS

The UK construction industry accounts for:

3.1m

people employed in the sector

60%

of all material usage in the UK

120m Sustainability is organised into three underpinning pillars, namely:

of total waste generated in the UK

370bn Social sustainability

Environmental sustainability

Economic sustainability

tonnes industry turnover, generating £138bn of economic value, accounting for 9% of UK's total GDP

45%

of the UK's total carbon emissions

WHY SUSTAINABILITY? The construction and infrastructure industry is very resource intensive with huge pressures exerted on the natural environmental at every stage of a project’s lifecycle.

Sustainability is mutually beneficial to both the natural environment and our business, aiding us to use resources efficiently to create long-term sustainable values, build resilience to environmental and social pressures as well as minimise risks throughout our supply chain.

REFERENCES: The Office for National Statistics www.gov.uk

Managing the environmental, social and economic pillars holistically is key to protecting our environment, supporting the local community and serving our clients and the economy.

Keltbray Holdings Limited | Sustainability strategy | 2021

5

Our core purpose and values

Our core purpose is:

To redefine the way sustainable development is delivered

Our core values are:

Health, safety and wellbeing At Keltbray, health, safety and wellbeing are at the heart of everything we do.

Those who work for us and with us have the right to be treated safely, respectfully and with integrity.

People

Relationships

Innovation

Can-do attitude

Our people are at the heart of our business.

Delivering value for our customers, partners and key stakeholders is the focus of everything we do.

Our interactions with clients, key stakeholders and each other ultimately determine the success of our business and the strength of our reputation. We engage openly and transparently to build longterm, value-based relationships.

We take an innovative approach to everything we do.

We combine our skills and energies as 'one Keltbray' to deliver the best possible solutions.

We always deliver on our promises.

We are committed to realising our purpose and strategy through working in a united way as 'one Keltbray'.

Sustainability runs through everything we do.

From the people we support, the business we sustain, the communities we work in, the industry in which we thrive and the planet we live on.

6

Keltbray Holdings Limited | Sustainability strategy | 2021

What is sustainability?

The 2030 Agenda for Sustainable Development is a global agreement to eradicate poverty and fight inequality and injustice.

It was agreed by world leaders at the UN in 2015, with a focus on the 17 Sustainable Development Goals (SDGs) which the UK has committed to deliver domestically.

Our 2025 sustainability focus areas align to the UN Sustainable Development Goals: We recognise the importance of all of the UN Sustainability Development Goals, and we take actions to positively impact all of the SDGs in line with our mission and values. However to maximise our impact we have chosen a select few which are most relevant to our business and most align to our overall strategy.

Social sustainability objectives

Environmental sustainability objectives

Economic sustainability objectives

3: Good health Ensure healthy lives and promote well-being for all at all ages

11. Sustainable cities and communities Make cities and human settlements inclusive, safe, resilient and sustainable

8. Decent work and economic growth Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

4. Quality education Ensure inclusive and equitable education and promote lifelong learning opportunities for all 8. Decent work and economic growth Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

13. Climate action Take urgent action to combat climate change and its impacts

9. Industry, innovation and infrastructure Build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation

10. Reduced Inequalities Reduce inequality in and among countries Keltbray Holdings Limited | Sustainability strategy | 2021

7

Our sustainability pledge

Our pledge is to provide innovative built environment and infrastructure engineering solutions that generate value to our clients and allow them to achieve their own sustainability commitments, whilst recognising that we have our own part to play in addressing global sustainability challenges within the context of the UN Sustainable Development Goals.

8

Keltbray Holdings Limited | Sustainability strategy | 2021

Our pledges

OUR PLEDGES

Social

Environmental

Economic

– Our people are having ‘Good Days at Work’ – Our people feel valued and have a sense of Purpose – Support local communities through engagement, support and engineering solutions

– Achieve Net Zero by 2040 and assist our clients in meeting their individual pledges – Protect the environment and enhance biodiversity to ensure we leave it better than how we found it – Use resources more efficiently, to maximise their life cycle and drive circular economy

– Invest in our growth – Generating local value by supporting local jobs, businesses and economies – Our clients want to work with Keltbray above others helping us to secure continual, good quality work

OUR FOUNDATION

Digitalise & innovate new solutions into our services and for our clients

Keltbray Holdings Limited | Sustainability strategy | 2021

9

Our course of action and smart KPIs'

SOCIAL SUSTAINABILITY OBJECTIVES

ENVIRONMENTAL SUSTAINABILITY OBJECTIVES

ECONOMIC SUSTAINABILITY OBJECTIVES

Our people are having ‘Good Days at Work’

Decarbonise our operations to achieve Net Zero and assist our clients in meeting their individual pledges

Invest in our growth

– Measure success using the Robertson Cooper ‘good day at work’ framework – Improve health, safety and environmental conditions and reduce accidents/incidents

Our people feel valued and have a sense of Purpose – Establish Inclusion Council – Develop our inclusion & diversity strategy through the Inclusion Committee, to establish tangible results – Provide quality training and development fairly and inclusively – Be an equal opportunities employer with fair and transparent recruitment, pay and employment processes

Support local communities through engagement, support and engineering solutions – Deliver on Social Value outcome for every £2m of Group turnover

10

– Set science based target 2020 – Achieve Net Zero by 2040 and assist our clients in meeting their own net zero timeline

Protect the environment and enhance biodiversity to ensure we leave a better environment than the one we found – Zero environmental harm – Our business and projects to have a zero net biodiversity loss and identify opportunities for biodiversity net gain

Use resources more efficiently, maximising their life cycle to drive circular economy – Zero non-hazardous waste to landfill, focus on keeping materials and products in use – Define scope of water and material usage and set reduction targets for all divisions of Keltbray Group

Keltbray Holdings Limited | Sustainability strategy | 2021

– Achieve circa £1 billion profitable turnover by 2025 – Achieve higher levels of economic growth through diversification, innovation and supporting key clients

Generating value by supporting local jobs, businesses and economies – All business units to comply with local spend and employment obligations – Only work with contractors that satisfy the minimum sustainability req PQQ and common assessment standard

Our clients want to work with Keltbray above others helping us to secure continual, good quality work – Put a client feedback Net Promoter Score in Place by end of financial year 2021

How will we achieve our pledges?

Keltbray Holdings Limited | Sustainability strategy | 2021

11

Keltbray's climate action 12

Keltbray Holdings Limited | Sustainability strategy | 2021

One of the most pressing sustainability issues of present time is Climate Change, we recognise that our operations form part of the problem and bold change is needed.

We take our pledge to reach Net Zero Carbon emissions seriously, but we also know that this is not the finish line.

Our pledge to reach Net Zero underpins all three pillars of sustainability and we recognise the need to move ‘beyond zero’ - building a resilient business focussed on embedding circular economy and ensuring that wellbeing of people and planet are at the heart of everything we do.

Keltbray Holdings Limited | Sustainability strategy | 2021

13

Some of our clients' carbon pledges

Designated for low wholelife carbon - decarbonisation programme workstream 13

Operate their home at zero carbon by 2030

Delivering Net Zero

Leading the North West to zero carbon

Net Zero by 2020 (Scope 1 and 2 only)

Powering Community Energy

Net Zero by 2045 (Scope 1, 2 and 3)

Net Zero by 2050

Zero Carbon Communities

Zero carbon airport by 2030

Strategy under consultation

Zero Carbon by 2025 (Scope 1 and 2)

Net Zero Communities Strategy

Net Zero by 2050

Reduce Carbon emission intensity by 40% by 2023

14

Keltbray Holdings Limited | Sustainability strategy | 2021

Net Zero by 2020 (Scope 1 and 2)

Net Zero by 2035 (Scope 1, 2 and 3)

Net Zero by 2030 (Scope 1 and 2)

Net Zero Power System by 2040

Delivering Zero carbon buildings by 2050 (Scope 1, 2 and 3)

Keltbray Holdings Limited | Sustainability strategy | 2021

15

16

Keltbray Holdings Limited | Sustainability strategy | 2021

This report was written, designed and produced by Keltbray Group Sustainability Team. No part of it may be reproduced without the prior permission of Keltbray Holdings Limited.

Keltbray Holdings Limited | Sustainability strategy | 2021

17

INNOVATION IN ENGINEERING

St Andrew’s House Portsmouth Road Esher, Surrey KT10 9TA T: +44 (0) 20 7643 1000 E: enquiries@keltbray.com www.keltbray.com © This document is the copyright of Keltbray Holdings Limited.

Any unauthorised reproduction or usage by any person other than the addressee is strictly prohibited.