CarMaker

Progress report

We have taken several measures to reduce our green house gas emissions since we embarked on our sustainability journey. We are very pleased that our emissions have reduced again this year.

We have improved plant efficiency 23% over the last two years which is the most significant contributor to our progress. We have also reduced our scope 2 emissions by actively increasing the amount of renewable electricity we purchase despite their being an increase in the monetary cost to doing this.

Our emissions per employee target ( http://www.xbrl.org/sig/dsd/example14#Intensity ) was set at 1 to 1.5 tCO2e per employee per annum. We are determined to get and stay within this range. Our most recent data on employees and emissions suggests we have been as low as 1.4 tCO2e per employee this year but on average have been at 1.6 tCO2e per employee this year.

We have used two different organisations to purchase carbon offset credits, firstly PlantsAndTrees who are local to our operations here in Leyland. They have a number of land areas in http://www.xbrl.org/sig/dsd/example14#Sweden and http://www.xbrl.org/sig/dsd/example14#Canada that contain the forestry related to our certified offsets. The second organisation is called OffsetFinance and they are also a registered trading platform but they do not have a complete list of source countries. They do list http://www.xbrl.org/sig/dsd/example14#Angola and http://www.xbrl.org/sig/dsd/example14#Zimbabwe We are reviewing our future relationship with them.