STRATEGIC REPORT ENVIRONMENTAL, SOCIAL AND GOVERNANCE CONTINUED SS TRTR AA TETE GG II CC R R EE PP OO RR TT GG OO VEVE RR NANNAN CC 01 EE FF II NANNAN Tackling climate change CC IALIAL S S TT AA Introduction Highlights TT EE The automotive industry continues on a MM EE journey of transformation driven by the NN TT expectations of customers, employees, 23.3% SS investors and policymakers focused on fall in CO emissions per car 2 the need to tackle climate change. We manufactured in 2023 compared with FF continued to act on climate change, 2022 (tCO e)* UU 2 RR TT focussing on two key areas: HH EE – Transforming products. RR – Transforming production. INF INF 11.2% In 2023, key activities included: decrease in total energy consumption OROR between 2022 and 2023 (MWh) MM – Progressing the Electric Vehicle AA TT II transformation programme, ONON supported by strategic partners. – Action taken to reduce emissions ~£2bn from manufacturing operations and investment in advanced technologies supply chain including the completion over the next 5 years, with investment of the UK Government’s mandatory shifting to battery electric vehicles Energy Saving Opportunities Scheme (‘ESOS’) which requires large UK UN Sustainable Development Goals businesses to identify ways to conserve energy and decrease CO 2 emissions. – Work on establishing a pathway to reduce CO emissions and achieve our 2 * Scope 1 CO emissions net-zero targets, intensifying our 2 focus on Scope 3 emissions. ASTON MARTIN LAGONDA ANNUAL REPORT AND ACCOUNTS 2023 44