Adviser Services Holdings Limited (ASHL)

Carbon Reduction Plan

Publication date: 11^th August 2025

1 COMMITMENT TO ACHIEVING NET ZERO

The ASHL Group (ASHL) is committed to reducing its environmental impact and achieving Net Zero emissions by 2050.

This Carbon Reduction Plan outlines our baseline emissions, including Scope 1, 2, and defined subset Scope 3 categories, and the actions ASHL are taking to reach our targets.

2 SCOPE AND BOUNDARY

Organisational boundaries and scoping of GHG emissions is based on the GHG Reporting Protocol corporate standard[1]

Adviser Services Holdings Limited (ASHL) is a company registered in the UK, at Brookdale Centre, Manchester Road, Knutsford, WA16 0SR and is the umbrella for the group of companies listed below. The boundary of the report included sources of emissions under the Operational control of (ASHL) during the reporting period 1^st January 2024 to 31^st December 2024. This includes:

• Adviser Services Holdings Limited, Brookdale Centre, Manchester Road, Knutsford, WA16 0SR
• Sense Adviser Services Limited, Brookdale Centre, Manchester Road, Knutsford, WA16 0SR
• Sense Support Limited, Brookdale Centre, Manchester Road, Knutsford, WA16 0SR
• Sense Network Limited, Brookdale Centre, Manchester Road, Knutsford, WA16 0SR
• Lyncombe Consultants Limited, Brookdale Centre, Manchester Road, Knutsford, WA16 0SR
• Rockhold Asset Management Limited, Brookdale Centre, Manchester Road, Knutsford, WA16 0SR
• Rockhold Investments Limited, Brookdale Centre, Manchester Road, Knutsford, WA16 0SR
• Sheafmoor Money Management Limited, 12 Napier Court Gander Lane, Barlborough Links, Barlborough, Chesterfield, S43 4PZ
• North Financial Planning, North House, 84 North Road, Belfast, BT4 3DJ
• Friarsgate Financial Planning Limited, 1 Greyfriars, Chester, CH1 2NW
• Richard Armitage Wealth Management South West Limited, The Mill, Kingsteignton Road, Newton Abbot, Devon, TQ12 2QA
• Hanson Assured Limited,11 Witney Way, Boldon Business Park, Tyne & Wear, NE35 9PE
• Hancock Associates Financial Planning (no physical office)
• BrightStar (no physical office)

GHG[2] Sources considered in this report include:

• Scope 1:
  • Natural Gas
  • Business travel: Fuel for transport purposes (in company owned vehicles)
• Scope 2:
  • Purchased electricity
• Scope 3:
  • Category 3 - Upstream emissions from purchased fuel and energy
  • Category 4 - Upstream transportation and distribution
  • Category 5 - Waste generated in operations
  • Category 6 - Business travel: Road, Flights, Trains, Taxi
  • Category 7 - Employee commuting
  • Category 9 - Downstream transportation and distribution

ASHL does not procure or sell physical goods that require transportation or distribution, our operations are service-based, and there are no logistics activities involving third-party transport providers. As such, there are no material emissions associated with upstream or downstream transportation and distribution, and we have excluded the following categories from our Carbon Reduction Plan

• Scope 3 – Category 4 - Upstream transportation and distribution
• Scope 3 – Category 9 - Downstream transportation and distribution

We are committed to enhancing the accuracy and completeness of our carbon reporting and will review our Scope 3 emissions annually to update our future Carbon Reduction Plans as more primary data becomes available.

3 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. These baseline emissions are the reference point against which emissions reduction The ASHL Group achieve can be measured.

4 CURRENT EMISSIONS REPORTING

5 EMISSIONS REDUCTION TARGETS

In order to continue our progress to achieving Net Zero, we have adopted the following carbon reduction targets. We project that carbon emissions will decrease over the next five years to 62.08 Location-based (71.78 Market-based) tCO₂e* by 2029, a reduction of 19%. Progress against these targets will be seen in the graph below:

[7]

6 INTENSITY RATIOS

We have identified the following intensity ratios to provide context on our total reported greenhouse gas emissions data against our business metrics year on year.

7 CARBON REDUCTION PROJECTS

ASHL committed to reducing its environmental impact and achieving Net Zero emissions by 2050.

The following environmental management measures and projects have been completed or implemented in the baseline year. These measures will be in effect when performing client contracts.

• Promoted sustainable commuting by offering all employees access to a Cycle to Work scheme, encouraging a reduction in car travel to reduce emissions associated with daily commuting.
• Implemented waste reduction initiatives, including recycling programs and effective waste segregation practices, to decrease the volume of general waste sent to landfill
• Raised employee awareness and encouraged behavioural change to lower energy consumption and carbon emissions, through initiatives such as powering down devices when not in use and reducing reliance on artificial lighting and cooling systems.
• Adopted remote meeting options, where these are practical, to reduce business mileage.

To further our commitment to sustainability and reducing our carbon footprint, in the future we hope to implement further measures such as:

• Developing our ESG strategy to identify and implement additional environmental improvements and carbon reduction opportunities across our operations
• Launch employee awareness campaigns to promote energy efficiency and carbon reduction, focusing on both workplace and personal behaviours that contribute to emissions
• Encouraging employees to use public transport for meetings which cannot be conducted remotely, reducing emissions from business travel
• Developing a sustainable travel policy that supports informed decision-making around travel, including guidance on choosing lower-emission transport options and avoiding unnecessary journeys
• Reviewing employee commuting patterns through the survey analysis to identify opportunities for promoting and incentivising lower-emission alternatives such as public transport, car sharing, and active travel.

8 DECLARATION AND SIGN OFF

This Carbon Reduction Plan has been completed in accordance with PPN 06/21 and associated guidance and reporting standard for Carbon Reduction Plans.

Emissions have been reported and recorded in accordance with the published reporting standard for Carbon Reduction Plans and the GHG Reporting Protocol corporate standard[8] and uses the appropriate Government emission conversion factors for greenhouse gas company reporting[9].

Scope 1 and Scope 2 emissions have been reported in accordance with SECR requirements, and the required subset of Scope 3 emissions have been reported in accordance with the published reporting standard for Carbon Reduction Plans and the Corporate Value Chain (Scope 3) Standard[10].

This Carbon Reduction Plan has been reviewed and signed off by the board of directors (or equivalent management body).

Signed on behalf of the Supplier:

Stuart Cresswell
Commercial Director

Date: 11th August 2025

1]https://ghgprotocol.org/corporate-standard

[2] Types of GHG included, as applicable: CO2, N2O, CH4, HFCs, PFCs, SF6 and NF3. The figures were calculated using DEFRA conversion factors, expressed as tonnes of carbon dioxide equivalent (tCO2e)

[3] Location-based electricity (Scope 2) emissions use the average grid fuel mix in the region/country where the electricity was purchased and consumed.

[4] Market-based electricity (Scope 2) emissions use fuel mix that is specific to the purchased electricity's supplier and tariff. Where supplier-specific fuel mix data is absent, UK National Grid's residual fuel mix was used, in accordance with the GHG Protocol.

[5] Location-based electricity (Scope 2) emissions use the average grid fuel mix in the region/country where the electricity was purchased and consumed.

[6] Market-based electricity (Scope 2) emissions use fuel mix that is specific to the purchased electricity's supplier and tariff. Where supplier-specific fuel mix data is absent, UK National Grid's residual fuel mix was used, in accordance with the GHG Protocol.

[7] *tCO2e – tonnes of carbon dioxide equivalent emissions

[8]https://ghgprotocol.org/corporate-standard

[9]https://www.gov.uk/government/collections/government-conversion-factors-for-company-reporting

[10]https://ghgprotocol.org/standards/scope-3-standard