RAYWARE ESG STRATEGY

INTRODUCTION

Rayware understands the responsibilities that it has to society and the planet, as well as ensuring that the principles of governance are followed. To uphold these responsibilities, and to ensure prosperity for the company and the wider community, Rayware is committed to developing and implementing an ESG strategy and framework. We believe that by setting ESG goals and targets for now and into the future we will keep sustainability at the forefront of our activities and ensure resilience against potential risks and change.

‘Design and deliver beautiful sustainable products that are valued by our global customers and consumers.’ OUR VISION STATEMENT Rayware’s ESG goals will be in alignment with our company vision statement but will also encompass the wider community and the UK’s Net Carbon Zero goals.

ESG STRATEGY ROADMAP

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Conduct a workshop with team members from across all business areas to capture what we are already doing within three ESG pillars ASSESS RAYWARE’S CURRENT POSITION

STAKEHOLDER ANALYSIS

PRIORITISE ACTIVITIES

ESG STRATEGY

Set SMART objectives to help acheive Rayware’s ESG goals SMART OBJECTIVES

Integrate the goals into the business and assign a responsible person to each. Capture data to enable progress reporting and regularly report to stakeholders IMPLEMENT, MONITOR & CONTROL

Conduct research into what our key stakeholders feel is important in relation to ESG. Factoring in The Board, Executive Team, Employees, Customers and Consumer Views

Based on the assessments and research carried out, identify what are the key priorities. Catagorise these activities into short, medium and long term goals

Write an ESG strategy to document the businesses aims in relation to the three pillars and how they work together to enable sustainability and resilience