Supplier name: Spectrum

Publication date: 28th March 2025

Commitment to achieving Net Zero

Spectrum is committed to achieving Net Zero emissions by 2045.

Baseline Emissions Footprint

Baseline emissions are a record of the greenhouse gases that have been produced in the past and were produced prior to the introduction of any strategies to reduce emissions. Baseline emissions are the reference point against which emissions reduction can be measured.

Baseline Year: 2023

Additional Details relating to the Baseline Emissions calculations.

Strategic Sustainable Business planning is integral to the business of the Spectrum which is owned by AddLife PLC. As a Nordic plc, sustainability is a central part of AddLife's vision to improve people's life by being a leading, value-creating player in Life Sciences. Operations from a sustainability perspective include aiming to be a: • Responsible Producer & Distributor • Responsible Employer • Responsible Market Participant AddLife annually prepares a sustainability report which covers the parent company AddLife AB and its 100 subsidiaries. The purpose of the sustainability report is to provide an overarching description of AddLife’s business from the perspective of sustainability and to inform about the sustainability aspects that are necessary to understand the company’s development, position, and performance, as well as the consequences of its operations. In 2023, Spectrum engaged with an independent Sustainable Business Strategist to analyse, review and develop a Sustainable Business Strategy for the Company to align with the overall AddLife Strategy. This engagement has assisted the Company to identify current good practices along with opportunities for improvements which are now underway. The Sustainable Business Strategy focuses on the following 3 key pillars: • Sustainable Solutions • Sustainable Culture • Sustainable Growth

As part of the Sustainable business strategy for 2023, AddLife implemented a Sustainability Management System across all its companies. Spectrum are actively utilising the Position Green online platform (https://www.positiongreen.com/) to measure and monitor greenhouse gas emissions. The Position Green platform and software tool calculates the CO2 emissions. Scope 1 & Scope 2 information was readily available and comprehensive in nature. We are gathering some Scope 3 data but acknowledge that, thus far, Scope 3 data is incomplete. We recognise this to be a continuous process of improvement rather than a steady state and continue to monitor measurement and improve efforts to achieve carbon footprint reductions.

Baseline year emissions: 2023

EMISSIONS	TOTAL (tCO2e)
Scope 1	0
Scope 2	5.108527
Scope 3 (Included Sources)	0.950047
Total Emissions	6.058574

1. Changes to reporting method

For the 2023 reporting period, Scope 1 is showing zero because vehicles were not incorporated in the reporting.

In 2024, AddLife updated our Scope 1, 2 & 3 total greenhouse gas emissions’ calculation methods, expanding the reporting scope and revising the emissions factors. The calculation of upstream emissions is primarily based on a spend based method while downstream emissions are estimated using a model for the lifetime energy consumption of products. This model accounts for the number of products sold, power, daily usage, annual operation, expected lifespan, markets and the electricity grid in which the products are used. This expansion of the reporting allows us to identity the largest contributing factor to our Scope 3 emissions and this is our Purchased Goods & Services.

As a result of the updated calculation method and the expanded reporting, we have established 2024 as our baseline.

Current Emissions Reporting

Reporting Year: 2024

EMISSIONS	TOTAL (tCO2e)
Scope 1	20.27083 - Company Vehicles excluding electric vehicles
Scope 2	2.963752
Scope 3 (Included Sources)	2071.495 - Purchased Good & Services, Capital Goods, Fuel & Energy Related Activities, Upstream transportation and distribution, Waste generated in Operations, Business travel, Downstream Transportation and Distribution, Use of Sold Products & End of Life Treatment of Sold Products
Total Emissions	2094.729

Emissions reduction targets

In order to continue our progress to achieving Net Zero, we have adopted the following carbon reduction targets.

We project that carbon emissions will decrease over the next five years to 1571.046 tCO2e by 2029. This is a reduction of 25%

Carbon Reduction Projects

Spectrum is actively utilising the Position Green online platform (https://www.positiongreen.com/) to measure and monitor greenhouse gas emissions. The Position Green platform and software tool calculates the CO2 emissions.

Energy Efficiency

• Introduction of hybrid working options for office based employees • Train and educate our employees, suppliers and customers on how best to achieve carbon reduction in our interactions

Transport

• A Green Car Policy was implemented with a plan to replace all company vehicles with electric and/or hybrid vehicles where feasible • Significant reduction in our business travel through optimal usage of online meeting platforms • Smart logistics and collaboration with customers and suppliers to combine deliveries to ensure transport emissions are kept to a minimum and focused on net zero greenhouse gas emissions • Train and educate our employees, suppliers and customers on how best to achieve carbon reduction in our interactions

Customer Engagement

• Development of online customer training platform to carry out group customer training at the customer’s site. By offering online training, both Spectrum and our customers will reduce emissions and costs from travel, reduce paper usage, improve time management and enhance our customer engagement and experience

Waste Minimisation

• Compliance with our Producer Obligations by being registered as a member of the WEEE Compliance Scheme and Packaging Compliance Scheme • No longer uses plastic items when it is packed. Product packaging using paper tape and cardboard boxes. • Secure disposal of confidential information recycled through secure wastepaper shredding by approved contractors • Environmental disposal of product packaging, wooden pallet, cardboard etc. through approved contractors • Recycle bins located across all sites with plan to complete ongoing staff training on correct usage • Customers are encouraged to accept electronic invoicing as opposed to printed documents • Employees are encouraged to not print documents where possible • Train and educate our employees, suppliers and customers on how best to achieve carbon reduction in our interactions

Circular Economy

• Provision of an online asset tracking platform facilitating complete traceability of full life cycle service records and enabling ease of requisition by the customer of all products and services available • Long term relationships with suppliers enables active engagement with suppliers on product performance, service and repair feedback to ensure product development and product life extension optimised • Customers are encouraged to take out long term maintenance contracts to point of purchase to end of life • Environmental disposal of cardboard and plastic waste through approved contractors engaged in circular economy practice

Supplier Management

• Train and educate our employees, suppliers and customers on how best to achieve carbon reduction in our interactions

In the future we hope to implement further measures such as:

Energy Efficiency

• Ongoing assessment of the energy efficiency of our premises through engagement with professional energy consultants and energy audits • Regular review of electricity providers to optimise use of green energy where possible • Annually review energy providers to avail of 100% renewable energy where feasible • Train and educate our employees, suppliers and customers on how best to achieve carbon reduction in our interactions

Company Transport – road, air & rail

• Continuation of Green Car Policy and replacement of greener vehicles where feasible • Reduce emissions from air, train and car business through encouragement of conscious travel by all employees

Waste Minimisation

• Continue to review opportunities to reduce waste across the organization through effective recycling, donations, reusage etc. • Work with suppliers to reduce carbon footprint of products supplied • Train and educate our employees, suppliers and customers on how best to achieve carbon reduction in our interactions

Biodiversity

• Increase awareness and appreciation of biodiversity and ecosystems services among employees • Improve biodiversity at all company sites where possible i.e., wildflower areas, less mowing, Bee/Insect Hotel, Pollinator friendly plants & shrubs

Sustainable Logistics

• Actively engage with customers & suppliers to review options of consolidating incoming and outgoing deliveries to reduce unnecessary transportation

Sustainable Procurement

• Continue to work with Logistics Team to ensure Purchasing frequency and volumes to optimise shipping routes and lower CO2 emissions • Continue to review our Suppliers by way of our Supplier Assessment Process seeking information on their Climate Impact, Responsible Sourcing, MSAT adherence and general Environmental Practices to ensure we only engage with ethnically responsible partners • Liaise with suppliers to reduce packaging where possible

This Carbon Reduction Plan has been published and available to view on our company website www.spectrumophthalmics.uk

Declaration and Sign Off

This Carbon Reduction Plan has been completed in accordance with PPN 06/21 and associated guidance and reporting standard for Carbon Reduction Plans.

Emissions have been reported and recorded in accordance with the published reporting standard for Carbon Reduction Plans and the GHG Reporting Protocol corporate standard1 and uses the appropriate Government emission conversion factors for greenhouse gas company reporting².

Scope 1 and Scope 2 emissions have been reported in accordance with SECR requirements, and the required subset of Scope 3 emissions have been reported in accordance with the published reporting standard for Carbon Reduction Plans and the Corporate Value Chain (Scope 3) Standard³.

This Carbon Reduction Plan has been reviewed and signed off by the board of directors (or equivalent management body).

Signed on behalf of the Supplier:

 

Mrs Janet Booth Director of Operations Date: 28.03.2025

¹https://ghgprotocol.org/corporate-standard ²https://www.gov.uk/government/collections/government-conversion-factors-for-company-reporting ³https://ghgprotocol.org/standards/scope-3-standard