Sustainability Statement

NED Holding ESG & Sustainability Statement 2021/22
NED Holdings is the parent company of QADEX, Oxford Analytical, STAR
Index, SMS Expert, Atmosphere and Storacall, all UK registered Limited
We are embedded through our own businesses in ESG and Sustainability,
but equally on our own journey in regards to Environmental Social
Governance within our own operations. We see business as a force for
good and are committed to doing our part in achieving a better world. Our
Company Board oversees our policies, targets and control measures for
sustainability, environmental and social governance and regulatory risk.
In January 2022, NED Holdings formed a freely elected Sustainability
Steering Group, composed of members from all the key individual
companies within NED Holdings, to provide a forum for guidance and
ongoing policies in order to ensure NED Holdings plays its part in
developing and maintaining a responsible, sustainable, equitable, healthy
and diverse business. The Steering Group, chaired by a nominated
management representative, meets on a monthly basis and reports to the
Managing Director on progress in relation to goals, actions and initiatives
to be considered and signed off.
Two initial key actions resulting from the Steering Group are to instigate an
independent environmental impact report across all companies and sites
and also an assessment using our own STAR Index tool of our own supply
chains from a responsible compliance perspective. These will provide an
initial baseline from which to move forward.
In addition we are actively seeking solutions to mitigate our Carbon impact
and outcomes, in the short term embracing schemes that offset our limited
impact at Scope 1 and 2, such as piloting ‘Sustainably Run’ within our STAR
Index Business, and mapping our own limited
supply chain and impact using proprietary tools within QADEX.
We aim to be a supportive, compassionate and considerate employer for all
our employees. We actively recruit from the local area thus supporting our

local communities and reducing the carbon footprint of journey’s to the
office. We have embraced ‘hybrid working’, and encourage working from
home and virtual meetings, significantly reducing our carbon impact.
All Management personnel are encouraged to demonstrate an “open door
policy” and all employees are encouraged to provide feedback via
anonymised surveys and through ongoing communication with line-
We are an equal opportunities employer. Our recruitment policy actively
encourages diversity in all its forms, irrespective of religion, gender, sexual
orientation, age, ethnicity or cultural background. We also have our own
Modern Slavery program and statement, in line with the UK Modern Slavery
Act 2015, which underpins ETI and ILO conventions.
We fully support the UN Sustainable Development Goals and the NED
Holdings Steering Group is using these as guidance for our policies and
targets going forward. In time we will be identifying priority areas following
our initial assessment, and these will be published with KPI’s in this
statement in 2022/23.
NED Holdings is a proud supporter of a charitable organisation called
Society of the Sisters of the Presentation of the Blessed Virgin Mary, which
is a charity founded in Ireland and involved in providing education to
underprivileged families and street children in India, which is where NED
Holdings also has an office. Managing Director Stephen Whyte has been
massively touched by his visits to Chennai. The plight of the local children
and the work of the charity had such an impact, that since 2015, NED
Holdings has donated to and supported the charity, providing much needed
education, community colleges and teacher training institutes, all directed
to children from poor and underprivileged backgrounds taking education
diploma’s. The Sustainability Steering Group is currently looking at ways in
which we can increase our support for this critical charity, as well as other
good causes going forward.