Pathway to Net Zero

Net Zero Target - 2045

We have developed our Net Zero strategy and carbon reduction plan with stakeholders across the Group with an external consultant (Inspired plc). A summary of the targets which are part of our strategy and our Net Zero commitments are outlined below; as we work through a timeline of data collection, emission calculations and site surveys:

Key environmental metrics

Please see below environmental metrics which highlight our commitment to reducing our impact on the Planet:

Emissions per £k sales

Collating key environmental data

In order to be able to provide a complete picture of the impact of our entire supply chain, in addition to measuring emissions from our own operations and electricity consumption (Scope 1 and 2), we have estimated the greenhouse gas (GHG) emissions associated with all upstream and downstream activities (Scope 3). Scope 3 emissions are indirect emissions not under our direct control and often account for 80%-99% of a company’s emissions footprint. Assessing these emissions can help to focus reduction activities. Collaboration and business choices can help to reduce these emissions.

Going forward, our Scope 3 emissions will be addressed through engagement with suppliers, customers and internal engagement. This is a critical part of our Net Zero strategy which will detail the short, medium and long-term actions we will take.

Delivering on our targets

We are focused on protecting our planet and supporting communities through the way we operate and the contribution we make to the world around us. The requires prioritising a focus on energy and emissions to deliver our Planet commitments, as outlined in our ESG Framework, in the following ways:

• Minimise negative environmental impact to combat climate change.
• Engage with our value chain to encourage improved measurement and reduction of greenhouse gas emissions.
• Manage energy use more efficiently and increase renewable energy and sustainable resources for our workspaces.
• Reduce our waste, protect water, improve recycling and re-use materials where possible.
• Expand scope of ISO Certification.
• Raise team members’ awareness on climate change and the impact of their actions.
• Promote our Environmental Pledge Scheme.
• Using the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD) to conduct scenario analysis on our business.

In addition we need to invest further in sustainable product design which considers our impact along with the full lifecycle of a product and helps our Scope 3 emissions reduction target. This is supported by many of the activities above, particularly around reducing waste generated by our product, packaging and non-manufacturing activities.

Our targets for the future

• Make full use of the expanded data to more proactively forecast energy use and increase environmental awareness.
• Refine internal targets and embed management of climate change risk (renewable energy target: 70% by 2025). Renewable energy targets are increasingly challenging due to reduced availability and providers withdrawing from the market, resulting in our mix reducing from 51% to 39%.
• Continued focus on waste management processes.
• Further embed role of ‘ESG Champions’ for local and global awareness, initiatives and support.
• Review implementation of ISO 14001 and ISO 50001 certification across the Group and plan for certification at other sites.
• Further promote Environmental Pledge Scheme and expand impact measurement.