Our purpose at Zenobē is to make clean power accessible. We do this through the innovative use of battery solutions, enabling our customers to switch to renewable energy, electric vehicles, and efficient power distribution.

We aim to manage our activities in ways that are environmentally sustainable, economically feasible and socially responsible. We are committed to protecting the environment and minimising the impact of our activities on the environment and embedding a culture of sustainability.  Our commitment is demonstrated by our certification in ISO 14001, the internationally recognised standard for environmental management systems.

It is our Policy to:

• Fulfill with compliance obligations including, laws, regulations and others relating to environmental aspects to which Zenobē subscribes
• Deliver products and services that enable the transition of commercial vehicles to electric power, improving the air quality of our cities and powering the charge to zero carbon
• Deliver products and services that enable the integration of renewable energy generation onto the electricity grid, ensuring the stability of the transmission and distribution networks.
• Develop a second-life battery solution that enables batteries to be redeployed to provide stationary and portable storage solutions when they are no longer suitable for mobile use.
• Measure and take action to reduce the carbon footprint of our business activities to meet our published objectives and targets. As a signatory to the Science Based Targets initiative, Zenobē has committed to reach net zero value chain emissions by no later than 2050.
  • Measuring and reporting scope 1, 2 and 3 emissions
  • Purchasing “green” electricity from renewable sources where possible
  • Implementing energy-saving measures in our offices
  • Minimising business travel, avoiding air travel where possible. Where travel is unavoidable, we will use the least carbon intensive means of transportation.
  • Reducing everyday travel emissions by adopting a flexible working policy, allowing employees to work remotely
  • Offsetting any carbon emissions that we do not eliminate through a certified Verified Carbon Standard project.
• Manage business operations to prevent pollution, protect the environment and enhance local biodiversity.
• Reduce our consumption and improve the efficient use of natural resources.
• Manage waste generated from our business operations according to the principles of reduction, re-use and recycling and diverting waste away from landfill where possible.

London, June 2024

Donald Weir, Chief Executive Officer

1 INTRODUCTION

This Environmental Policy is the cornerstone of our commitment to environmental stewardship. It outlines our principles, objectives, and strategies for integrating environmental considerations into every aspect of our operations.

At Zenobē we aim make clean power accessible. We do this through the innovative use of battery solutions, enabling our customers to switch to renewable energy, electric vehicles, and efficient power distribution.

We are committed to manage our activities in ways that are environmentally sustainable, economically feasible and socially responsible. We are committed to protecting the environment and minimising the impact of our activities on the environment and embedding a culture of sustainability. 

1.1 SCOPE AND APPLICABILITY

This Policy applies to Zenobē operations globally. It covers employees, suppliers, contractors, visitors, and local communities.

1.2 ROLES AND RESPONSIBILITIES

It is the responsibility of every individual associated with Zenobē to uphold the principles outlined in this Policy and contribute to the achievement of our environmental goals.

BOARD OF DIRECTORS

The Board of Directors shall take overall responsibility and accountability for the delivery of the content of statement of intent of this Policy and for the provision of resources to fulfill our environmental commitments. The Board shall discharge its duties through the executive and senior management teams.

DIRECTORS AND SENIOR MANAGERS

Directors and senior managers lead by example by demonstrating their personal commitment to environmental sustainability. They embody the values and principles outlined in the environmental policy and inspire others to adopt environmentally responsible behaviors and practices.

SUSTAINABILITY MANAGER

The Sustainability Manager plays a critical role in driving the organization’s sustainability agenda, fostering a culture of environmental stewardship, and ensuring that sustainability considerations are integrated into business operations and decision-making processes. Through training and education, they empower our team to embrace sustainable practices, while also driving initiatives to improve energy efficiency, climate resilience, reduce waste, and promote social responsibility.

EMPLOYEES

Employees are expected to read and acknowledge this Policy and to comply with the arrangements detailed in this document. In addition, they are expected to contribute towards our collective efforts to protect the environment and operate in a sustainable manner.

CONTRACTORS

As part of our commitment to environmental responsibility, we expect contractors to adhere to sustainable practices throughout their work with us. This includes minimising waste, conserving resources, and reducing carbon emissions whenever possible. Additionally, contractors are encouraged to source materials locally, prioritize energy-efficient equipment and methods, and comply with all applicable environmental regulations.

2 GENERAL ARRANGEMENTS

To fulfill the mandates outlined in the Statement of Intent, Zenobē has established procedures and protocols to identify and mitigate potential adverse environmental impacts. Under the oversight of a dedicated team of health and safety as well as environmental professionals, known as the SHEQ Team, we ensure the effectiveness of our environmental framework. This team is tasked with providing assurance regarding the efficacy of our management system, guaranteeing that all aspects of environmental sustainability are comprehensively addressed.

2.1 ENVIRONMENTAL MANAGEMENT SYSTEM AND COMPLIANCE     

Zenobē operates and maintains an Environmental Management System that prioritises continual improvement in alignment with ISO 14001:2015 standards. We establish clear, measurable environmental goals and targets, ensuring we have the necessary information, data, and resources to monitor and achieve them. This involves analysing activities, processes, and operations to determine their potential effects on the environment. We evaluate factors such as energy consumption, emissions, waste generation, and resource usage. By understanding these aspects, we aim to assess their significance and potential consequences on the environment. This identification process allows us to prioritise areas for improvement and develop strategies to mitigate any adverse impacts, thereby contributing to our commitment to environmental sustainability.

Additionally, we adhere to all relevant legal requirements, accreditations, and agreements.

2.2 MATERIALITY

We identify our most material environmental impacts to ensure we set relevant and ambitious environmental goals and targets. To identify these material impacts Zenobē engage with key internal and external stakeholders. We identify material impacts, set targets to continuously improve performance and measure and report progress.

2.3 SUSTAINABLE PROCUREMENT

We are committed to integrating sustainability principles into our procurement practices. We prioritise suppliers who share our environmental values and demonstrate a commitment to responsible practices. Our procurement decisions consider factors such as environmental impact, social responsibility, and ethical sourcing. We strive to minimise the environmental footprint (Scope 3) of our supply chain by focusing on priority areas based on spend and risk.  

2.4 ENERGY EFFICIENCY

We strive to procure green electricity from renewable sources to support sustainable energy practices. Additionally, we consistently enhance our energy efficiency by utilising both absolute and relative metrics to evaluate our performance. Ensuring the availability of data, we continuously monitor, measure, and report on our energy consumption to facilitate informed decision-making and ongoing improvement efforts.

2.5 GREENHOUSE GAS EMISSION AND ABATEMENT

We measure carbon emissions and take decisive action to minimise the carbon footprint of our business operations, aligning with our stated objectives and targets. As proud signatories to the Science Based Targets initiative, Zenobē has pledged to achieve net-zero value chain emissions by 2050 at the latest.

Our commitment to carbon abatement includes investing and implementing strategies to support customers transitioning to net zero by making clean power accessible through the innovative use of battery storage system. These efforts are integral to our mission of making clean power accessible – decarbonising transport and energy at scale.

2.6 WASTE AND CIRCULAR ECONOMY

We prioritise minimising the environmental impact of waste by promoting and facilitating the application of the waste hierarchy, which emphasizes reducing, reusing, recycling, recovering, and disposing of waste responsibly. Our commitment extends to diverting waste away from landfills whenever possible, ensuring it is managed in accordance with local regulations. To gain insights into our waste management practices, we will monitor and measure landfill-bound waste while setting annual reduction targets. Furthermore, we strive to optimise resource utilisation throughout the product lifecycle, from extraction and production to distribution, consumption, and end-of-life management. We repurpose the EV batteries (2^nd life) at the end of their lifecycle to reduce the environmental impact of the battery supply chain.

2.7 BIODIVERSITY

Zenobē worksites may be in sensitive environments, and we are committed to managing our business operations in a manner that prioritises pollution prevention, environmental protection, efficient use of natural resources, and the enhancement of local biodiversity. We diligently monitor the impacts of our operational assets on biodiversity, especially in sensitive environments, and take practical measures to minimise these impacts wherever possible. By adhering to these principles, we aim to uphold our environmental responsibilities and contribute to the preservation and enhancement of biodiversity in our operational areas.

2.8 ENVIRONMENTAL INCIDENTS

We recognise that environmental damage can have significant consequences for ecosystems, communities, and future generations. Therefore, we encourage all employees and stakeholders to report any observed or suspected environmental damage, including pollution incidents, habitat destruction, or resource depletion. Reports will be promptly investigated, and appropriate action will be taken to mitigate the damage and prevent recurrence. Additionally, we will maintain transparent communication with regulatory authorities, affected parties, and the public regarding any environmental incidents and our response efforts.

2.9 COMMUNICATION AND COMMUNITY ENGAGEMENT

We prioritise transparent communication to raise awareness of and engage stakeholders in our environmental efforts. We encourage active participation and engagement from employees and stakeholders in environmental initiatives and decision-making processes. We value input and feedback from all stakeholders and seek to incorporate their perspectives into our environmental management practices. We also seek opportunities to collaborate with government agencies, non-governmental organizations (NGOs), industry associations, and other stakeholders to address common environmental challenges and leverage collective expertise and resources.

2.10 ANNUAL ENVIRONMENTAL REPORT

Zenobē will comply with environmental reporting requirements of local jurisdictions. We will voluntarily and transparently disclose our environmental data on an annual basis as part of our commitment to environmental responsibility.

2.11 TRAINING

We ensure that all employees receive environmental awareness training annually, emphasizing our commitment to environmental responsibility and sustainability. This training equips our staff with the knowledge and tools necessary to understand and address environmental issues in the workplace.

2.12 GOVERNANCE

The policy will be communicated both internally and externally. Internally, it will be disseminated to employees and stored on the company’s intranet system for easy access. Externally, the policy statement will be published on Zenobē’s website to ensure transparency and accountability to stakeholders. Regular reviews of the policy will be conducted to ensure its ongoing relevance and effectiveness in guiding our environmental management practices.

3 REFERENCES TO REGULATORY AND INDUSTRY STANDARDS      

References to Regulatory and Industry Standards are listed in the table below.

3.1 REFERENCES TO OTHER DOCUMENTS

References to other Policies, Standards, Procedures, Forms, or other Document Types in this document are listed in the table below.

3.2 EXTERNAL REFERENCES

NA