The Brink's Company
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:296,060 tCO2e/year
Scope 1 Emissions:264,114 tCO2e/year
Scope 2 Emissions:31,946 tCO2e/year
Renewable Energy Share:0.1%
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced fuel usage and carbon emissions through digital retail solutions, resulting in fewer customer visits.
- Exploring initiatives to reduce fleet impact globally, including deploying solar-equipped vehicles, introducing all-electric vehicles, and implementing route-optimization technology.
- Upgrading lighting and installing solar panels at various facilities to reduce emissions and energy usage.
Social Achievements
- Introduced new benefits for U.S. employees, including paid parental leave and travel benefits.
- Established global hiring guidelines to support diversity in recruiting.
- Launched global D&I training, including unconscious bias training for management.
- Expanded employee affinity groups globally.
Governance Achievements
- Strengthened enterprise risk management program with new technology and enhanced communications.
- Annual review of Code of Ethics.
- Regular updates to the Board on information technology and cybersecurity issues.
- Annual cybersecurity risk assessments conducted by a third party.
Climate Goals & Targets
Environmental Challenges
- Data limitations in calculating GHG emissions (e.g., fuel tracking by fuel card, not VIN; estimated electricity consumption; unavailable refrigerant data).
Mitigation Strategies
- Refined and updated the boundary, criteria, and process used to calculate Scope 1 and Scope 2 emissions. Continued evaluation of opportunities for future reporting enhancements.
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct requiring adherence to all applicable laws and regulations, including those related to labor, immigration, health and safety, and the environment; prohibition of human rights violations.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB, UN SDGs
Sustainable Products & Innovation
- Digital Retail Solutions (DRS) to reduce fuel usage and emissions.
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:310,191 MT CO2e (Scope 1 & 2)
Scope 1 Emissions:272,485 tCO2e
Scope 2 Emissions:37,707 tCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:0.32% (Renewable Fuel)
Total Energy Consumption:4,268,211 GJ
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Decreased diesel consumption by 6% in 2023 despite adding nine locations to the emissions scope. Total air emissions decreased by approximately 2%. Excluding the 9 new locations, total fuel consumption decreased by approximately 9 percent and total air emissions decreased by 16 percent.
- Increased purchased renewable energy by 90% and generated renewable energy by 59%
- Growth of AMS and DRS is reducing stops at customer locations, miles driven, and fuel consumed.
- Nine locations use route optimization software
- Eight locations have trialled fully electric vehicles
Social Achievements
- Conducted first Global Employee Engagement Survey with 70% participation; 78% of respondents felt engaged, 85% were proud to work for Brink's, and 75% would recommend Brink's as a good place to work.
- Increased disability benefits coverage for U.S. hourly workers and expanded basic life and accidental death and dismemberment coverage for all U.S. workers.
- Established two new D&I councils for Asia and Latin America, joining existing councils in the U.S. and Europe.
- Provided unconscious bias training for management-level employees and piloted three new D&I training modules.
Governance Achievements
- Strengthened enterprise risk management (ERM) program by adopting advanced technologies and improving communication, promotion, and training strategies.
- Board oversees sustainability and company initiatives related to corporate culture, environmental impact, human capital management, and governance.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Code of Conduct requiring adherence to all applicable laws and regulations, and ensuring supply chains are free from human rights violations.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB, UN SDGs
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- 3 Good Health and Well-being
- 5 Gender Equality
- 10 Reduced Inequalities
- 13 Climate Action
Not disclosed
Sustainable Products & Innovation
- Digital Retail Solutions (DRS) and ATM Managed Services (AMS)
Awards & Recognition
- Not disclosed