SUSTAINABILITY IN ACTION CONTINUED
CLIMATE ANALYSIS REPORT
Key metrics Details of our greenhouse gas emissions from CY2021 to CY2025, energy intensity and net-zero KPIs can be found in the Climate Analysis Report on page 71. Health and safety Lost time incident frequency rate (“LTIFR”) information.
FY22
FY23
FY24
FY25
FY26
15
Lost time incidents (“LTIs”) 1
26
24
19
23
4,557
4,522
4,863
4,441
4,492
Average headcount 2
0.16
0.31
0.27
0.20
0.25
LTIFR 3
1 LTI is defined as a work-related incident resulting in employees being unable to attend work the following day. Prior to FY25, our definition was any incident which resulted in five or more days lost. Prior year figures have been restated for this change in policy. 2 Reported headcount includes all full-time and part-time employees, contractors and agency labour. 3 LTIFR is the number of LTIs divided by the total working hours in the period, multiplied by 100,000 (representing the approximate number of working hours in an employee’s lifetime). There were no fatalities among the Group’s employees or contractors during any of the five years stated above. Gender diversity¹
Group Management Committee
Operational Management 3
Senior Management 2
All Employees 4
FY26 (No.)
FY26 (%)
FY25 (%)
FY26 (No.)
FY26 (%)
FY25 (%)
FY26 (No.)
FY26 (%)
FY25 (%)
FY26 (No.) 4,200
FY26 (%)
FY25 (%)
11
–
34
–
89
–
–
Total Male
–
–
–
–
At discoverIE, we understand the urgent need to preserve our planet for future generations and to mitigate the impact of climate change. We contribute to the transition to a low-carbon economy through our products that help others reduce their emissions, and through our own operations by committing to become a net-zero emissions business.
8 73% 3 27%
23 68%
58 65%
2,070 49% 2,130 51%
75% 25%
77% 23%
62% 38%
50% 50%
11
32%
31
35%
Female
1 As at 31 March 2026 and 2025. 2 Senior Management is the Group Management Committee and direct reports. 3 Operational Management is the most senior managers in the Group’s operating businesses. 4 All Employees comprises all full-time and part-time employees and contractors, but excludes agency labour. Other ESG KPIs
This report is prepared in accordance with UK Listing Rules 6.6.6 (8) and the UK Climate-Related Financial Disclosure Requirements (“CFD”) and is consistent with the recommended disclosures of the Task Force for Climate-Related Financial Disclosures (“TCFD”). Being in the electrical and electronic components sector, the Group follows the TCFD’s All Sectors Guidance in the preparation of this report. Climate-related risks and opportunities are routinely considered in our strategic and financial planning, operational management, mergers and acquisitions, and capital allocation decisions. In this report, we outline how we identify, assess, and manage these risks and opportunities, as well as our plan for transitioning to a low-carbon economy. In accordance with previous years’ reports, our assessment of the risks and opportunities posed by a changing climate is that they do not have a net material effect on the Group’s future financial performance. However, this year, we have taken the opportunity to describe the offsetting risks and opportunities separately, to enhance readers’ understanding of our strategy and management.
What’s in this report
FY25
FY26
Target
Our Planet ISO 14001 accreditation 1 Company cars (EV/hybrid) 2 Our People ISO 45001 accreditation 3 Voluntary staff turnover 4 Our Products ISO 9001 accreditation 5
Governance Page 58
1
74% 58%
74% 50%
80% 50%
Strategy
2
72% 12%
73% 18%
80% <15%
Page 60
Risk Management Page 67
3
96%
94%
80%
1 Measured as a percentage of Group revenue generated by operations with ISO 14001 accreditation. 2 Measured as the percentage of Group company cars that are electric or hybrid. 3 Measured as the percentage of Group employees who work in operations covered by an ISO 45001 accreditation.
Metrics and Targets Page 69
4
4 FY25 was adjusted in the previous Annual Report to exclude seasonal labour fluctuations linked to the lunar new year in China. Ongoing analysis of employee turn in China suggests that, whilst the FY25 number was higher than usual, it is a characteristic of the labour market in the region that turn is always higher than the rest of the Group. Nevertheless, we are pleased to report that voluntary leavers amongst our Chinese employees was lower in FY26 than in FY25, driving the overall year-on-year reduction in employee turn. Both years are reported above including all voluntary leavers across the Group. 5 Measured as a percentage of Group revenue generated by operations with ISO 9001 accreditation.
56
57
discoverIE Group plc Innovative Electronics
Annual Report and Accounts for the year ended 31 March 2026
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