Carbon reduction plan - Supplier name: Frontier Economics Limited - Commitment to achieving Net Zero

Baseline emissions footprint Baseline emissions are a record of the greenhouse gases that have been produced in the past and were produced prior to the introduction of any strategies to reduce emissions. [...] Baseline Year emissions: Emissions (2019 – 12 months) Total (tCO2e) Scope 1 Direct GHG emissions 0.00 Scope 2 Energy indirect emissions 160.38 Scope 3 Other indirect emissions 492.17 Total emissions 652.56 Purchased carbon offsets 652.56 Current emissions reporting With the rise of working from home in 2020 during Covid we have started to also account for emissions generated by working from home. [...] This includes emissions generated by computers frontier economics | Confidential 2 and other devices, as well as lighting and heating based on the Homeworking Emissions Whitepaper by Ecoact (2020).1 Reporting Year: 2022/23 FY Emissions (2022/23) Total (tCO2e) Scope 1 Direct GHG emissions 0.00 Scope 2 Energy indirect emissions 118.29 Scope 3 Other indirect emissions 453.13 Total emissions 571.42 Pu. [...] (London only currently) ■ Updated Travel Policy: We have updated our travel policy to raise awareness of our commitment to reducing travel-related CO2 emissions and encourage staff to actively consider this commitment when making choices about the mode of transport as well as the frequency of business travel. [...] We will set up a team to understand the nature of these emissions to the extent possible – what share of these can be attributed to travel for internal purposes, contrasted against the share that can be attributed to client-related business travel.