WHISTL ANNUAL REPORT 2022

Glossary of terms

Agency customer

Whistl collects and sorts mail for a customer that also use Whistl as its agent to secure a direct Downstream Access Agreement with Royal Mail

BEIS

Department for Business, Energy & Industrial Strategy

BGF

Business Growth Fund

CDP

Carbon Disclosure Project

CMS

Carrier Management System

CEO

Chief Executive Officer

COO

Chief Operating Officer

CFO

Chief Finance Officer

CCMA

Call Centre Management Association

DDM

Doordrop Media, the in-home advertising division of Whistl

Direct Access customer

Large mailers have a direct Downstream Access agreement with Royal Mail and use a third party to collect and inject the pre-sorted mail into Royal Mail for final mile delivery

Downstream

Mail and parcels that are injected directly into Royal Mail for sortation and final delivery

DSA

Downstream Access Agreement allowing competitors to inject mail into Royal Mail for delivery to the household

EBIT

Operating profit before interest and tax

EBITDA

Operating profit before interest, tax and exceptional items adjusted for the depreciation and amortisation charge for the year

EDI

Equality, diversity and inclusion

End to End

From collection of mail through to sortation and delivery to homes or businesses

ESG

Environment, Social and Governance

HMRC

HM Revenue & Customs

IIP

Investors in People

ISO

International Standards Organisation

JICMAIL

Joint Industry Committee for Mail, providing audience measurement data for advertising mail and door drops

Leafletdrop

Whistl online tool to create, print and book a leaflet distribution in one place

LEAP

Whistl career and development programme

NPS

Net Promoter Score

Ofcom

Office for Communications, the Postal Regulator

OMS

Order Management System

ONS

Office for National Statistics

Partially Addressed Mail

Advertising mail that does not use personal data

RIDDORS

Reporting of Injuries, Diseases and Dangerous Occurrences Regulations 2013

Royal Mail

UK National Postal Operator

SMEs

Small and medium-sized enterprises

TCFD

Task Force on Climate-related Financial Disclosures

TMS

Transport Management System

Upstream

Collection of mail from a client and sorted, ready for injection into Royal Mail

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Whistl Annual Report 2022

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