discoverIE Annual Report 2026

SUSTAINABILITY REPORT

Tonnes CO 2 e abated 5,952 Scope 1 and 2 vs 2021

Although the uncertainty surrounding the future requirements of sustainability reporting (particularly the European Corporate Sustainability Reporting Directive) could have made it easy to lose focus on our sustainability pathway, we took the opportunity to review our Sustainability Strategy, and to carry out a materiality assessment of our sustainability risks and opportunities. This exercise deepened the interaction with operating businesses, and gave the Board, the Executives and the Group Sustainability Team renewed confidence that our strategy is fit for purpose, and will support the growth of our businesses as we look towards our 2030 business and sustainability targets.

We end the year with renewed confidence that our sustainability strategy is fit for purpose, and will support the growth of our businesses as we look towards our 2030 targets and beyond.”

Employees protected 3,297 under an ISO 45001 management system

Rosalind Kainyah Chair of the Sustainability Committee

Rosalind Kainyah Chair of the Sustainability Committee 2 June 2026

Products manufactured under ISO 9001 96% of annual revenue

Dear Shareholder, Sustainability at discoverIE is central to both our purpose and our business model. Our strategy focuses on technologies that are crucial to solving some of the world’s most pressing social and environmental problems, and we partner with customers who share our goal of enabling technology for a sustainable world. In our own operations, we regard sustainability as a core business management tool. Throughout the past year, and despite the challenges in both geopolitical and regulatory landscapes, we have maintained our sustainability focus.

that the responsible use of resources such as energy, rare minerals, plastics and water, and active management of climate risks, are critical to our long-term resilience. We are delighted to be able to report that we not only met but exceeded our short-term greenhouse gas emissions reduction target of a 65% reduction from our calendar year (“CY”) 2021 base year emissions in Scope 1 and 2, achieving a reduction of 68%. We also took a significant step forward in our ambition to reduce emissions from the use of natural gas in future by approving the replacement of our gas heating system at Noratel’s site in Poland with a fully electric system, capable of both heating and cooling. Not only will this allow our site to adapt more swiftly to a warming climate, and improve the working environment for colleagues, it also supports energy security and will remove over 100 tCO₂e from our annual greenhouse gas emissions. It is a credit to the leaders and employees of our operating companies that even with a more stringent definition of a lost time incident introduced last year, the number of serious safety incidents declined during the year. However, we are not resting on our laurels. Every health and safety incident means there is room for improvement, and we continue to enhance our safety reporting, culture and knowledge-sharing across our businesses.

Our target markets are aligned to the following UN Sustainable Development Goals (“SDGs”): ■ SDG 3 Good Health and Well-being; ■ SDG 7 Affordable and Clean Energy; ■ SDG 9 Industry, Innovation and Infrastructure; ■ SDG 11 Sustainable Cities and Communities; and ■ SDG 13 Climate Action. We deliver sustainable growth for our business through the design and manufacture of innovative electronic components that support the transition to a low-carbon economy, promote better healthcare technologies, and bring people and communities together through connectivity solutions. Our over 30 operating businesses have a presence in 21 countries around the globe, providing employment to c.4,600 people. Most of our businesses are small or medium-sized, and our challenge is to balance relevant and actionable local programmes (such as carbon reduction, energy efficiency, or training and development) with the regulatory demands of a large multi-national group. We know that fostering a safe, inclusive and supportive environment for our employees, focused on their personal development and growth, not only reflects our values but is essential to our success. We also recognise

42

43

discoverIE Group plc Innovative Electronics

Annual Report and Accounts for the year ended 31 March 2026

Made with FlippingBook - professional solution for displaying marketing and sales documents online