Kinetik Wellbeing Carbon Reduction Plan

Objectives in Achieving Net Zero

Kinetik Medical Devices Limited is committed to achieving Net Zero emissions by 2040 for direct emissions and 2045 for emissions it influences. Key objectives include:

• Reduce greenhouse gas (GHG) emissions across all operations.
• Align with NHS Net Zero targets or relevant national frameworks.
• Enhance sustainability credentials to meet customer and regulatory expectations.
• Improve operational efficiency and reduce costs.

Baseline Emissions Footprint

Baseline emissions are a record of greenhouse gases produced prior to the introduction of reduction strategies, serving as a reference point for measuring progress.

Baseline Year: 2022

Additional Details relating to the Baseline Emissions calculations.

Kinetik Wellbeing has developed a carbon reduction plan and established a baseline emissions footprint for measuring progress. This inventory includes direct emissions (Scope 1), indirect emissions from purchased energy (Scope 2), and supply chain emissions (Scope 3), using methodologies like the Greenhouse Gas Protocol and Carbon Trust's Footprinting Standards.

The company has set targets for emissions reduction using measures such as energy efficiency improvements, renewable energy procurement, and supply chain changes.

Progress is monitored using Key Performance Indicators (KPIs) including carbon intensity, energy use, and renewable energy sources.

Stakeholder engagement is planned to raise awareness and encourage action.

Through its carbon reduction plan, Kinetik Wellbeing aims to contribute to tackling climate change and ensuring a sustainable future.

Baseline Year Emissions: 2022

Note: In 2022, premises were rented with shared operating costs, and warehousing/storage facilities were third-party managed.

Current Emissions Reporting

Reporting Year: 2024

Emissions Reduction Targets

In 2024, Kinetik Wellbeing moved into new premises including a warehouse, distribution centre, and offices. While emissions were expected to grow, the overall expectation is to reduce them through adopted criteria and targets.

Energy

Prioritise efficiency measures and invest in renewable energy sources. This includes:

1. Conducting energy audits to identify energy-saving opportunities.
2. Upgrading lighting systems to energy-efficient LED technology.
3. Optimising heating, ventilation, and air conditioning systems.
4. Installing solar panels or sourcing renewable energy from external providers.

Transportation

Focus on reducing carbon emissions associated with transportation of goods (from manufacturing partners to UK warehousing, to customers) and staff commuting. Strategies include:

1. Encouraging employees to use public transportation, carpooling, or cycling.
2. Maximising working from home where feasible.
3. Partnering with logistics providers using electric or hybrid vehicles.
4. Optimising delivery routes for reduced mileage and fuel consumption.
5. Consolidating factory productions and filling shipping containers.

Supply Chain

Collaborate with suppliers and OEMs to reduce the carbon footprint throughout the supply chain. Initiatives include:

1. Encouraging suppliers to adopt sustainable practices and reduce emissions.
2. Prioritising local and environmentally friendly suppliers.
3. Implementing supplier assessment and monitoring programs.

Waste Management

Improve waste management practices to minimise carbon emissions. Strategies include:

1. Implementing recycling and waste reduction programs.
2. Promoting composting and proper waste segregation.
3. Evaluating operations and packing materials for eco-friendliness, reducing single-use plastics.

Business Travel

Actively reduce carbon emissions associated with business travel. Actions include:

1. Encouraging remote meetings and utilising video conferencing (e.g., Teams).
2. Promoting a travel policy prioritising sustainable transportation options.
3. Offsetting unavoidable travel emissions through verified carbon offset projects.

Other

Monitoring & Reporting

Kinetik Wellbeing has established a carbon monitoring and reporting system to track progress and ensure accountability, measuring emissions reduction against a baseline assessment.

Targets & Milestones

Specific targets and milestones guide carbon reduction efforts, based on baseline assessment, industry benchmarks, and achievable goals.

Employee Engagement

Employee engagement is crucial for implementing the Carbon Reduction Plan. Employees will be involved through awareness campaigns, training, and incentives to promote sustainable practices.

Conclusion

By implementing this Carbon Reduction Plan, Kinetik Wellbeing aims to significantly reduce its carbon footprint and contribute to a more sustainable future. Strategies will be regularly reviewed and updated to align with best practices and technological advancements.

Carbon Reduction Targets

To continue progress towards Net Zero, Kinetik Wellbeing has adopted the following targets:

Projected carbon emissions will decrease to 350 tCO2e by 2030, a reduction of 30%. Progress against these targets is illustrated in the graph below.

Projected vs Actual tCO2e (2022-2045)

The graph displays projected and actual carbon emissions (tCO2e) from 2022 to 2045. The 'Actual' line shows emissions starting around 327 tCO2e in 2022, increasing to approximately 495 tCO2e in 2024, and then decreasing. The 'Target' line shows a steeper decline, aiming for below 50 tCO2e by 2030 and approaching zero by 2045.

Declaration and Sign Off

This Carbon Reduction Plan has been completed in accordance with PPN 06/21 and associated guidance and reporting standards. Emissions reporting adheres to the published standard for Carbon Reduction Plans, the GHG Reporting Protocol corporate standard, and relevant Government emission conversion factors.

Scope 1 and Scope 2 emissions comply with SECR requirements. Scope 3 emissions are reported according to the published Standard for Carbon Reduction Plans and the Corporate Value Chain (Scope 3) Standard.

The plan has been reviewed and signed off by the board of directors.

Signed on behalf of Kinetik Medical Devices Ltd:

Name: James Grover

Position: CEO

Date: 11 August 2025