Lockton Companies LLP Environment Report 2021-22

Lockton Companies LLP SBTi Scope 1 and Scope 2 Targets We are committed to the 1.5C pathway For Lockton Companies ‐ Near Term SBT: To reduce our Scope 1 and 2 emissions (market-based) by 42% by 2032, from a 2022 baseline. ‐ Long Term SBT (net zero): To reduce our Scope 1 and 2 emissions (market-based) by 90% by 2050, from a 2022 baseline. ‐ Renewable/ Low carbon Scope 2 target: To achieve 100% renewable / low carbon electricity by 2032, from a 2022 baseline. SBTi Target Setting Having signed the commitment to Net Zero 2050 and agreed to set SBTi targets we now have 24 months in which to define and set those targets and have them verified with the SBTi Our target before then is to complete an audit of our Scope 3 emissions in line with the SBTi methodology and identify and set targets. This will require further work with our supplier partners and our associates to gather information from them. So this audit and review becomes a target in itself for us over the next 24 months. Under the PAS certification process we need to continue to demonstrate a continuing carbon reduction programme and through this certification we are setting two targets. PAS 2060 – Lockton Companies LLP 1 A 33% reduction in airtravel emissions related to internal company meetings by 2028, measuring from a baseline of 2022, set around a metric of tCO2e/£turnover. A change instigated in our travel management process now means that travel for company meetings can be identified and the measurement set. 2 To have all electrical supplies to Lockton Companies from 100% zero carbon or renewable generation sources by 2032, from a base date of 2022. PAS 2060 Carbon Reduction Plan

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