ESG Report 202223 - Flipbook - Page 11
Future plans
Aiming high
We have significantly improved our ESG rating since our last report We have also been ensuring
we remain at the forefront of governance activities by undertaking reporting to various
disclosure bodies:
•
Streamlined Energy and Carbon Reporting (SECR) –
Carbon accounting as part of our Statutory Accounts)
•
Specific ESG&I reports for our investors
•
Preparation for our forthcoming CFD (Climate Related Financial Disclosures) debut report.
We also produced our second Annual ESG&I Report, helped to further develop our Green Fleet
Strategy, assisting all divisions to measure performance to ISO 14064 standards in carbon
management via the Achilles Carbon Reduce scheme and laid the groundwork to establish our
Group-wide Carbon Reduction Group. In addition, we continued our commitment to the UN Global
Compact and prepared our first progress report.
The next big things
Our priorities for the year ahead are equally ambitious and start with targeted engagement with
the Divisional and Group Operations Boards to define primary ESG performance targets, including
investment and intervention requirements.
We will set performance measurements for each divisional area, introducing new targets for a
wide range of metrics. We will also use the year ahead to prepare our decarbonisation glidepath to
achieve 50% reduction in scope 1&2 by 2030 and net zero before 2050. We will define our strategy
for reducing Scope 3 supply chain emissions and achieve validation with the SBTi, which will be the
culmination of a three-year project.
Another significant area of focus for us in the next year will be working in even closer partnership
with our supply chain, building on our collaboration with the Supply Chain Sustainability School
to set our expectations for compliance with carbon reduction, waste avoidance, training and
environmental stewardship.
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