Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Safety
• Circular Economy
• Climate Change
• Human Capital

Environmental Achievements

• 100% sustainable sourcing of timber across global operations
• 2m tonnes of CO2 reduced in customers' supply chains
• 70% of electricity from renewable energy sources
• 1.3m tonnes of waste avoided
• 1.8m trees planted

Social Achievements

• 30% of Board, Executive Leadership Team, and management-level roles held by women
• 7% reduction in lost time, modified duties, and medical treatments
• 0.8% of pre-tax profits contributed to Better Communities programmes
• Increased support to food banks during bushfire crisis and COVID-19 pandemic

Governance Achievements

• Implementation of 'Safety Differently' philosophy
• Adoption of a principles-based approach to non-financial risk
• Continued investment in digital transformation through BXB Digital

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting supply chains and business operations
• Macroeconomic conditions and economic uncertainty
• Industry trends affecting demand for services
• Maintaining quality of pooled equipment
• Maintaining control of pooling equipment
• Network capacity limitations
• Competition
• Retailer acceptance of pooled solutions
• Cybersecurity threats
• IT data governance
• Brexit uncertainty
• Timber supply security
• Regulatory compliance
• Attracting and retaining talent
• Digital disruption
• Safety incidents
• Climate change risks and opportunities

Mitigation Strategies

• Deployment of additional hygiene and safety procedures
• Transition to work-from-home arrangements
• Investment in expanded customer value proposition
• Pricing and cost-recovery strategies
• Scenario-based strategic planning
• Ongoing programmes to improve customer intimacy, create new products, and drive innovation
• Strict adherence to equipment quality standards
• Dedicated asset control teams
• Regular customer equipment inventory audits
• Implementation of safety and contingency measures
• Leveraging global scale, network advantage, and sustainable business model
• Collaboration with customers to meet evolving needs
• Dedicated teams to strengthen retailer relationships
• Implementation of joint business plans and value sharing
• Ongoing security programme
• Data Classification and Handling Policy
• Acceptable Use Policy
• Development of an Information Management Strategy
• Brexit preparations
• Regional and global dedicated timber procurement teams
• 100% sourcing of timber from certified sources
• Chief Compliance Officer and compliance management systems
• Code of Conduct and vendor due diligence programme
• Group-wide online compliance training programmes
• Talent management and succession planning processes
• Development programmes for management and leadership
• Formal mentoring programmes
• Investing in digital solutions
• Establishment of BXB Digital
• Zero Harm Charter and safety management systems
• Covid-19 global task force and safety measures
• Fostering a diverse and inclusive environment
• Global Inclusion and Diversity Council
• 'Share and reuse' circular solutions
• Reducing emissions impact
• Sustainable sourcing of timber
• Adoption of the Task Force on Climate-related Financial Disclosures (TCFD) framework

Supply Chain Management

Responsible Procurement

• 100% sustainable sourcing of timber

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather events impacting supply chains

Transition Risks

• Regulatory changes, market shifts towards decarbonization

Opportunities

• Low-carbon, circular business model

Reporting Standards

Frameworks Used: TCFD, UN Sustainable Development Goals

UN Sustainable Development Goals

• SDG 3: Good Health and Wellbeing
• SDG 12: Responsible Consumption and Production
• SDG 13: Climate Action
• SDG 15: Life on Land

Various initiatives contribute to these goals

Awards & Recognition

• #1 most sustainable international company