Investor Presentaiton
STRIX TECHNOLOGY
Investor Presentation | FY2021 Final Results
Internal Emissions & Pathway to Net Zero
Internal Emissions
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Scope 1 & 2 Emissions (tCO2e)
o Key emissions scope 2 use of electricity
2020 emissions declined due to COVID and internal actions
2021 emissions increased due to commissioning of new larger manufacturing facility in China
○ Intensity remains key focus
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Emissions by location
○ China main source of emissions as the group's key manufacturing locations
New Chinese factory x3 production space (excluding warehousing). Further increasing the importance of China
o 2021 also impacted by dual running facilities
Pathway to Net Zero
Site
Date
Action
Solar installation
2021
China
2022
Renewable energy
2021
ISO
China
89%
Comment
Laica
5%
Isle of Man
6%
Account for over 10% of required electricity. Cost £650k with pay-back outside Strix normal
benchmark. Project from planning to commissioning completed in c.6 months
Long term contract signed. Additional cost c.£100k per annum
ISO14001 Environmental accredited for new factor. Certification gained for ISO50001 Energy
Management in SCN, roll out to SRAM & Laica in 2022/2023
Isle of Man
Laica
2021
2022/2023
Renewable energy
From Sept 21
Solar
Planning for solar installations to provide 100% of required electricity
Expect to mitigate 97% of Scope 1 & 2 emissions. The remainder will be offset using carbon credits but with projects being initiated (e.g. electrification of transportation, heat recycling) to mitigate fully over time.
Future focus on energy intensity (kWh/£m).
Strix
TECHNOLOGY
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