Northern Bear plc
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Health & Safety
- Environmental
- Community Investment
Environmental Achievements
- Investing in decarbonization solutions, including photovoltaic roof solutions
Social Achievements
- Investment in people and training to support growth
- Support for local employment and apprenticeship schemes
- Regular engagement with employees
- Support for St Oswald’s Hospice and other local charities
Governance Achievements
- Adoption of the Quoted Companies Alliance Corporate Governance Code
- Regular Board meetings and operational updates
- Active succession planning
Climate Goals & Targets
Short-term Goals:
- New business ventures expected to be trading profitably by FY26
Environmental Challenges
- Exceptionally wet weather impacting roofing businesses
- Difficult market conditions for building services
- Construction materials availability and price inflation
- Uncertainty in the UK macroeconomic environment impacting supply chain
- Increased UK interest rates potentially impacting demand
Mitigation Strategies
- Efficient work on sites to mitigate weather headwinds
- Upskilling in management teams and workforce
- Working with key suppliers and customers to manage supply chain issues
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Photovoltaic roof solutions