Quark 2023 SustainabilityReport DigitalSpreads 20250424

In 2023

Intensity GHG Emissions Per Passenger

–7% Scope 1 GHG Emissions

+17% Distance Travelled

$800,000 Invested in Increasing Ship Efficiency

9

8

7

6

5

GHG Emissions by Scope

4

3

Fuel Extraction & Transport

2

Electricity Direct Zodiac Fuel Use

1

Charter Flights

0

Guest Meals

2019

2023

Gateway Accommodation & Transportation Distribution Business Travel Waste Purchased Goods & Services

Direct Helicopter Fuel Use

Scope 3 39%

Scope 2 0.01%

Why a 2019 Baseline? Choosing 2019 as a baseline for Quark Expeditions’ carbon emissions is both logical and aligned with Science Based Targets initiative (SBTi). According to SBTi guidelines, the baseline year should reflect regular operations. Since 2020 through 2022 were heavily impacted by the COVID pandemic, 2019 is the most suitable year for setting our targets. It provides a stable and accurate representation of our typical business activities. 2019 also marks the first year for which we have verifiable emissions data, creating a clear and accurate greenhouse gas inventory.

A Note About Materiality

Scope 1 61%

Materiality in carbon emissions is all about pinpointing the most significant impacts of our operations. It’s the process of identifying, prioritizing, and managing the sources of emissions that make the biggest difference to our business and stakeholders. Focusing on our material carbon emissions first ensures that our efforts are directed at areas where we can make the most substantial difference.

Staff WFH

26 | For more information, contact Quark Expeditions at Sustainability@QuarkExpeditions.com

Polar Promise 2023 |

27

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