Iress : IRE 2021 ESG Report

For personal use only

The Manager

Company Announcements Office

Australian Stock Exchange

Exchange Centre

20 Bridge Street

SYDNEY NSW 2000

17 February 2022

IRESS LIMITED - 2021 ENVIRONMENTAL, SOCIAL & GOVERNANCE REPORT

Iress encloses for immediate release our 2021 Environmental, Social and Governance (ESG) report.

Yours sincerely

Peter Ferguson

Chief Legal Officer & Company Secretary

Iress Limited

Corporate Office:

Level 16, 385 Bourke Street

MELBOURNE VIC 3000 Australia

ABN: 47 060 313 359

T [phone]

[e-mail]

www.iress.com

Environmental,

Social &

Governance Report

only2021

r usepersonal

Iress Environmental, Social & Governance Report	Sustainability at Iress	Environmental	Social & Foundation	Governance	2

onlyAbout this report

This report provides an overview of Iress Limited and its subsidiaries' ('Iress') environmental and s cial impact for the period 1 January 2021 to

31 December 2021. The report has been prepared in accordance with the GRI Standards: Core Option of reporting. External assurance has not been

useundertaken for this report. The GRI reporting principles for defining report content (Stakeholder Inclusiveness, Sustainability Context, Materiality and Completeness) have been applied as follows:

• Stakeholder inclusiveness is demonstrated through our multi-stakeholder materiality assessment, consultation during strategy development,

and stakeholder engagement throughout the reporting period.

• Sustainability context is demonstrated beyond personalan internal company focus, through discussion of

material environmental and social topics.

• Materiality process is described in detail.

• Completeness is addressed (for the reporting period) through qualitative and quantitative data including the reason why certain data is not available, and our future actions to improve in this.

Acknowledgement of Country

We pay our respects to the Traditional Owners of the lands where we work as well as across the lands through which we travel. We recognise Indigenous peoples' continuing connection to land, place, waters and community. We pay our respects to their cultures, country, and elders past, present and emerging.

* Monetary figures are in Australian Dollars unless stated otherwise.

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2021 highlights	3
Message from our Managing Director & CEO	4
About Iress	5
Organisational Winning Steps	6
Our response to COVID-19	6
Environmental & social impact roadmap	7
Materiality	8
Progress	9
Environmental	10
Social	15
Foundation	29
Governance	33
GRI Content Index	38
Corporate directory	42

Environmental

Page 10

Social & Foundation

Page 15

Governance

Page 33

Iress Environmental, Social & Governance Report	Sustainability at Iress	Environmental	Social & Foundation	Governance	3

2021 highlights

only Environmental

Switched to renewable energy

usein Sydney and Melbourne offices

(r presenting 95% of Australian footprint).

Social & Foundation

Introduced the 'Long Weekend'-enabling all permanent employees and fixed-term contractors to take a Friday or Monday off work for up to six days per calendar year.

Employed two software engineers from Syria and Iraq to support refugee employment through Talent Beyond Boundaries.

Governance

Inclusion of ESG matters in the Audit

• Risk Committee charter to formalise Board oversight.

Continuous improvement in disclosures and reporting with ACSI assessing Iress' 2020 ESG report with a 'Detailed' rating.

E tablished e-waste partnerships, addressing digital inequalities in remote communities (Sustainable Development Goals):

Upgraded new offices in the UK with

Logged

3,000+

hours of sales and service training completed by our people, supporting their professional development and higher quality service to our clients.

Commitment to

40:40

vision initiative aimed at improving gender diversity in executive roles by 2030.

43%

Female representation

on the Board

personal

low voltage LED lighting

to minimise power usage.

Signed science-based targets commitment.

Transitioned 2000+

s rvices to the cloud during 2021.

Implemented a new environmental management system to measure consumption and emissions.

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Implemented new supplier management system that utilises real-time monitoring of supplier and supply chain risks, using specialist market data vendors to identify human rights and environment risks.

Volunteering hours	Charities supported
615	36

Donations to charitable causes

$231,811

36%

Female representation in Executive, Senior & Other Managers

Iress Environmental, Social & Governance Report	Sustainability at Iress	Environmental	Social & Foundation	Governance	4

Message from our Managing Director & CEO

onlyuse

personalAndrew Walsh Managing Director & CEO

r

I am pleased to share Iress' Environmental, Social and Governance (ESG) report for 2021.

This is our fourth report and builds upon the significant progress Iress has made on ESG. In 2021 we were recognised by the Australian Council of Superannuation Investors (ACSI) in their assessment of ESG reporting by ASX200 companies. Iress was one of just 34 ASX200 companies to achieve a 'Detailed' rating-recognising our commitment to continuous improvement. Iress has always recognised the importance of being a responsible business.

Our overall ethos with respect to ESG is substance over form-meaning we want to go beyond simply doing the right thing by ensuring we use data and insights to determine the strategic benefits, risks and impact of everything we do.

In 2021, we appointed Amarjot Bagga as head of social impact and Iress Foundation to engage the business and stakeholders on ESG and continue building our impact. We also developed a 2025 environmental and social impact strategy. This strategy was created following a range of stakeholder interviews, analysis of our own ESG processes and a review of external ESG best practice and methodologies, globally.

We are committed to observing internationally-recognised risks, such as climate change and modern slavery, and acting on these as part of our ESG roadmap. Our plan for achieving impact moving forward centres around:

• Environment: driving a focused emissions management system and implementing effective e-waste partnerships
• Social: fostering a culture of inclusion and belonging by enhancing our diversity strategy and strengthening our modern slavery risk management processes
• Governance: Reporting on the Task Force on Climate-Related Financial Disclosures (TCFD).

The Iress Foundation, established in 2017, now has a more structured framework that focuses on three causes aligned to Iress' business areas and communities as well as the UN Sustainable Development Goals (SDGs):

• Quality IT education (SDG 4).
• Decent work (SDG 8).
• Provision of services to charities (SDG 17).

Our people also continue to take advantage of their three days' Iress Foundation leave to contribute to the community.

I'm extremely proud of what we've achieved through the Iress Foundation. Some highlights include partnering with Talent Beyond Boundaries to support skilled refugees in finding pathways to great jobs and new lives. We've also supported Two Good Co to support women escaping domestic violence, the Healing World creche in South Africa, Myton Hospice in the UK, Holland Bloorview Kids Rehabilitation Hospital in Canada, and many more globally.

In 2021, we collectively contributed AUD$231,000 to over 36 charities.

As we move through 2022, I am excited by Iress' continued commitment to a sustainable future through our ESG activities.

Sustainable return for shareholders

$166.2m

Reported Segment Profit AUD (m)

38.8c

Earnings per share AUD (cents)

$73.8m

Net Profit After Tax AUD (m)

46.0c

Dividend per share AUD (cents)