Daily Mail and General Trust plc
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:17,000 tCO2e/year
Scope 1 Emissions:1,000 tCO2e/year
Scope 2 Emissions:8,300 tCO2e/year
Scope 3 Emissions:7,700 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:34,200 kWh/year (Global), 25,800 kWh/year (UK)
Water Consumption:5,900 m3/year (dmg media)
Waste Generated:2,437 tonnes/year (printed and non-printed paper)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced gross GHG emissions by 22% compared to FY 2019
- Reduced GHG emissions intensity by 10% compared to FY 2019
- 90% of water in newspaper printing process recycled and reused
- Reduced printed and non-printed paper waste by 15% to 2,437 tonnes
Social Achievements
- Launched DMGT Cares for employee volunteering and community support
- Raised £11 million for Mail Force Charity to provide PPE during Covid-19 pandemic
- Donated £1.6 million in charitable donations and employee volunteering hours in FY 2020
- 51% of all promotions in FY 2020 were women
- Piloted diversity and inclusion training for managers and HR staff
Governance Achievements
- Published first sustainability report
- Received an ESG Risk Rating of 14.3 from Sustainalytics (low risk)
- Received a BBB rating in the MSCI ESG Ratings assessment
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Climate change risks and opportunities across businesses (e.g., extreme weather events, increased competition)
- Maintaining effective communication across a geographically diverse organization
- Potential reputational risks related to environmental impact of exhibitions and newspapers
Mitigation Strategies
- Implementing energy management practices (solar panels, datacenter relocation, LED lighting)
- Enhancing employee communication through various platforms and town hall meetings
- Developing new products and services to address climate change risks and opportunities (e.g., RiskHorizon platform)
- Supporting sustainable paper sourcing and recycling initiatives
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Evaluation of new suppliers for ethical and lawful practices
Climate-Related Risks & Opportunities
Physical Risks
- Storms and floods affecting offices (RMS)
- Extreme weather events disrupting exhibitions (dmg events)
Transition Risks
- Increased competition in environmental property information market (Landmark)
- Reduced demand for physical newspapers due to environmental concerns
Opportunities
- Increased demand for RMS's risk modelling solutions due to climate change
- Increased demand for Landmark's data and analytics related to climate change risks
- Opportunities to develop new events related to renewable energy (dmg events)
Reporting Standards
Frameworks Used: GHG Protocol Corporate Accounting and Reporting Standards, HMG Environmental Reporting Guidelines, Streamlined Energy & Carbon Reporting (SECR)
Certifications: ISO 14001 (Landmark), ISO 9001 (Landmark)
Third-party Assurance: ICF International
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- RiskHorizon ESG management platform (Landmark)
Awards & Recognition
- Not disclosed