This report presents the annual energy consumption and greenhouse gas (GHG) emissions for DemoCorp Ltd. in accordance with the UK's Streamlined Energy and Carbon Reporting (SECR) framework. It covers the 12-month period from 1 January 2024 to 31 December 2024, with comparative data for the previous year (2023).

DemoCorp Ltd. qualifies for reporting under this legislation as a large company under the Companies Act 2006. This report is included within our Directors' Report for the corresponding financial year.

• Responsibilities: DemoCorp Ltd.'s management is responsible for the internal controls governing the data collection processes. External consultants, GreenMetrics, were engaged for the independent calculation of GHG emissions and the preparation of this statement to ensure accuracy and impartiality.
• Calculation Standard: GHG emissions have been robustly calculated in accordance with the Greenhouse Gas (GHG) Protocol Corporate Accounting and Reporting Standard (revised edition).
• Conversion Factors: Emissions have been calculated using the UK Government GHG Conversion Factors for Company Reporting 2024. All emissions are expressed as tonnes of carbon dioxide equivalent (tCO₂e).

• Boundary: This report consolidates data from all UK-based offices and operations under the financial control of DemoCorp Ltd. during the reporting period.
• Included GHG Sources:
  • Scope 1 (Direct Emissions): Natural gas combustion for heating and fuel used in company-owned vehicles.
  • Scope 2 (Indirect Emissions): Purchased electricity for office use.
  • Scope 3 (Other Indirect Emissions): Business travel in employee-owned or hired vehicles (Category 6) and upstream transmission and distribution (T&D) losses associated with purchased electricity (Category 3).
• Gases Covered: The report includes all seven Kyoto Protocol greenhouse gases where applicable: Carbon Dioxide (CO₂), Methane (CH₄), Nitrous Oxide (N₂O), Hydrofluorocarbons (HFCs), Perfluorocarbons (PFCs), Sulphur Hexafluoride (SF₆), and Nitrogen Trifluoride (NF₃).

Energy efficiency and climate action are integral to DemoCorp Ltd.'s corporate strategy. In 2024, we took the following principal measures to improve energy efficiency and reduce our carbon footprint:

• Office Relocation and Optimisation: We relocated our primary office to a BREEAM 'Very Good' rated building. This move reduced our total floor space by 20% and introduced energy-saving features such as LED lighting and smart thermostats, contributing significantly to the 42% reduction in natural gas consumption.
• Transition to Renewable Electricity: From 1 June 2024, all purchased electricity for our operations was switched to tariffs backed by Renewable Energy Guarantees of Origin (REGOs). This strategic switch is directly responsible for our market-based Scope 2 emissions being zero for the latter half of the year.
• Promoting Sustainable Travel: A formal remote-working policy was implemented, encouraging virtual meetings and reducing the necessity for business travel. This led to a 60% reduction in fuel consumption for transport and a 50% decrease in associated Scope 3 business travel emissions.

For 2025, our planned actions include:

• Q2 2025: Commissioning a comprehensive, third-party energy audit across all facilities to identify further opportunities for energy savings, with a target of identifying at least a 10% further reduction in consumption.
• Q4 2025: Commencing the transition of our company fleet to low-emission vehicles by installing the first phase of electric vehicle (EV) charging stations at our main office.

The table below summarises our energy consumption and GHG emissions for the reporting period, with a comparison to the previous year.

Category	2023 Value	2024 Value
Annual Energy Consumption (kWh)
Electricity	1,200,000 kWh	850,000 kWh
Gas	950,000 kWh	400,000 kWh
Transport Fuel (Scope 1 & 3)	50,000 kWh	20,000 kWh
Total Energy Consumption	2,200,000 kWh	1,270,000 kWh
Annual GHG Emissions (tCO₂e)
Scope 1
Emissions from combustion of gas	175 tCO₂e	73 tCO₂e
Emissions from combustion of fuel (company vehicles)	12 tCO₂e	5 tCO₂e
Scope 2
Emissions from purchased electricity (location-based)	250 tCO₂e	180 tCO₂e
Emissions from purchased electricity (market-based)	0 tCO₂e	0 tCO₂e
Scope 3
Category 6: Business travel	30 tCO₂e	15 tCO₂e
Category 3: Upstream T&D losses (location-based)	10 tCO₂e	5 tCO₂e
Category 3: Upstream T&D losses (market-based)	0 tCO₂e	0 tCO₂e
Total GHG Emissions (location-based)	477 tCO₂e	278 tCO₂e
Total GHG Emissions (market-based)	217 tCO₂e	98 tCO₂e
Intensity Ratio
Total location-based tCO₂e per FTE	1.59 tCO₂e/FTE	0.93 tCO₂e/FTE
Total market-based tCO₂e per FTE	0.72 tCO₂e/FTE	0.33 tCO₂e/FTE
Number of Full-Time Equivalent (FTE) employees	300	300

We have selected tonnes of CO₂e per Full-Time Equivalent (FTE) employee as our intensity ratio. As a service-based organisation, our environmental impact is closely linked to our headcount rather than physical production output. This metric provides the most consistent and meaningful way to track our emissions performance year-on-year and normalise for any changes in business activity. Our total location-based emissions intensity decreased by 42% in 2024, demonstrating the success of our efficiency initiatives.